American Express adds Airbnb stays to Amex Travel

Key Points:

• American Express has partnered with Airbnb to integrate over 1 million Airbnb listings into Amex's travel portal, allowing cardholders to earn rewards on bookings, though points cannot yet be redeemed for Airbnb stays.
• The partnership includes adding Airbnb rentals to Amex’s hotel portfolio and enabling Platinum cardholders to use their $600 annual lodging credit on Airbnb Luxe stays, plus a $250 statement credit on eligible Airbnb Experiences after booking Luxe.
• Membership rewards vary by card type, with Platinum cardholders earning five times points on prepaid Airbnb bookings through Amex Travel, Classic Green cardholders earning three times points on travel bookings via third parties, and other eligible members earning double points.
• This move is part of American Express’s broader strategy to enhance premium cardholder benefits amid rising competition, following a recent increase in the Platinum card’s annual fee to $895 and investments in airport lounges and exclusive experiences.
• Amex also announced expansions and renovations of its Centurion Lounges, including the largest lounge planned for Newark Liberty International Airport and a new lounge at London Heathrow Airport.