Best Credit Cards For Vacation Rentals Of October 2022

Best Credit Cards For Vacation Rentals Of October 2022

Best Credit Cards, Even with travel rewards easing the burden or upgrading status, hotels can be expensive. Vacation rentals often provide for a more private getaway. These homes offer many amenities, such as multiple rooms and kitchens in which to cook your own food or work remotely. When you’re booking a large vacation rental for your whole family or a group of friends, applying for the right cards ahead of time can help reduce costs and earn you the most valuable rewards for your purchases.

Best Credit Cards for Vacation Rentals

Chase Sapphire Preferred® Card

For a mid-tier card to earn rewards on vacation rentals, the Chase Sapphire Preferred® Card is the, well, preferred choice. This credit card is a savvy choice for those who plan to travel abroad because it doesn’t charge foreign transaction fees.

Rewards: Earn 5 points per dollar on travel purchased through Chase Ultimate Rewards®, 3 points per dollar on dining, select streaming services, and online grocery purchases (excluding Walmart, Target and wholesale clubs), 2 points per dollar on all other travel purchases and 1 point per dollar on all other purchases.

Welcome Offer: Earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening.

Annual Fee: $95

Other Benefits and Drawbacks: The Chase Sapphire Preferred® Card also offers a 10% annual bonus on all points earned during a cardmember year and a $50 annual credit on hotel stays booked through Chase Travel. With this card, Chase Ultimate Rewards® points can be redeemed for 25% more value through Chase Travel or eligible Pay Yourself Back categories at 1.25 cents per point. Ultimate Rewards points can also be transferred to partners like United and Hyatt at a 1:1 ratio.

The Chase Sapphire Preferred® Card offers a whole host of protection for your travels. Cardholders will get trip delay, interruption and cancellation coverage as well as lost baggage assistance and baggage delay coverage. Cardholders will also see extended warranty and purchase protection extended to eligible purchases.

Chase Sapphire Reserve®

Those open to a higher annual fee might be better off with the benefit-loaded Chase Sapphire Reserve® for their vacation rental.

Rewards: Earn 5 points per dollar on air travel and 10 points per dollar on hotels and car rentals when purchasing travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3 points per dollar on other travel and dining and 1 point per dollar spent on all other purchases.

Welcome Offer: Earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening.

Annual Fee: $550

Other Benefits and Drawbacks: The Chase Sapphire Reserve® offers many of the same benefits as the Sapphire Preferred and a few benefits with a boost. Points can be redeem for 1.5 cents each through Chase Travel and Pay Yourself Back instead of 1.25 cents each and points transfer at a 1:1 ratio to most airline and hotel partners.

The Sapphire Reserve features the same travel and consumer benefits as the Sapphire Preferred. But some benefits have higher coverage limits and trip and baggage delay coverage kicks in after a delay of only six hours instead of 12.

The card also offers up to $300 in statement credits each year toward travel expenses charged to the card and Chase has a generous definition of what counts as a travel purchase. So this benefit shouldn’t be difficult to use. Cardholders can also benefit from a Global Entry or TSA PreCheck application fee credit and Priority Pass lounge membership with enrollment.

How To Choose the Best Credit Card for Vacation Rentals

If you often book vacation rentals, it might be a good idea to think about applying for a card to reward you or allow you to redeem your rewards for those purchases. Here are some questions you should ask yourself before you apply for a credit card for vacation rentals.

    • How much do I spend on vacation rentals? If you only make a booking or two per year, it may not be worth maintaining a credit card account dedicated to vacation rental bookings. Instead, consider a general travel card to reward all of your travel purchases or another one of the best credit cards we recommend.
    • Do I plan to travel internationally or domestically? If you don’t plan to travel outside of the U.S. There’s no need to worry about foreign transaction fees.
    • Do I want to earn cash back or rewards? Consider how you want to be able to redeem your rewards.
    • Are there any other Best Credit Cards benefits I care about? Consider the other benefits you might care about. The convenience and usefulness of these benefits may come with a price. But if you know you’ll use them, it could make sense to pay an annual fee. Many credit cards, with and without annual fees, offer convenient and useful built-in travel and consumer benefits.
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