Yes, Chase Sapphire Reserve Airbnb purchases count as travel, which means you get 3 points for every $1 that you spend. Chase is pretty liberal with their definition of travel, so a lot of things you might not think count actually do – including services like Airbnb, HomeAway, VRBO, Uber and Lyft. The only downside is that you won’t necessarily be able to redeem your rewards points to book those services, so you’ll have to spend them on other travel purchases.
Here’s how Chase Sapphire Reserve Airbnb rewards work:
- Airbnb stays count as travel so they get you 3 points for every $1 you spend. The same thing applies to its competitors HomeAway and VRBO. Other options may count, too. It depends on whether the merchant codes itself as “travel.”
- You can’t book Airbnb stays through Chase Ultimate Rewards. So you’ll have to redeem the points you earn on such purchases for something else.
- You can use your Ultimate Rewards points to buy Airbnb gift cards, but it’s not a great deal. You only get 1 cent per point, while booking travel through Chase gets you 1.5 cents per point. That means Sapphire Reserve’s 50,000 point initial bonus is worth $500 in Airbnb gift cards but $750 in Chase travel.
So the best option, if you’re a frequent Airbnb customer, is to pay for Airbnb reservations with Chase Sapphire Reserve, earn 3 points per $1 spent in the process, and then redeem those points for other types of travel accommodations that you can book through Chase. They include flights, cruises, car rentals, etc., so there’s plenty of versatility.