When the Chase Sapphire Preferred® Card (see rates and fees) rolled out its most recent update, I was elated by one of the new bonus categories: Vacation homes at select brands* booked directly.
I love traveling with family and friends, and many trips are best enjoyed in a vacation home. The Sapphire Preferred now earns 3 Chase Ultimate Rewards points per dollar spent on bookings I make with popular brands such as Airbnb and Vrbo — a fantastic addition to one of TPG’s favorite travel cards.
Here’s everything you need to know about the Sapphire Preferred’s earning rate on vacation homes, how it compares to earning on hotel stays and where it stacks up to competing cards.
*Select brands are: Airbnb, Vrbo, Plum Guide, HomeAway, Homestay.com and Vacasa.
What is the Chase Sapphire Preferred’s vacation homes bonus category?
The Sapphire Preferred earns 3 points per dollar spent on vacation homes booked directly with six brands.
This earning rate is only for vacation homes booked directly. If you book a vacation home through the Chase Travel℠ portal, you’ll earn 5 points per dollar spent. In my experience, however, I’ve found much wider availability outside of Chase Travel.
Related: My biggest assumption about the Chase Sapphire Preferred was wrong
Which vacation home sites earn 3 points per dollar on the Sapphire Preferred?
As mentioned above, there are six platforms eligible to earn 3 points per dollar spent on vacation homes with the Sapphire Preferred.
Here’s a look at each platform and where stacking opportunities exist.
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Airbnb
Airbnb is one of the most popular vacation home platforms both in the U.S. and abroad. TPG credit cards writer Stephanie Stephens has stayed in over 60 Airbnbs, and the new earning rate on Airbnb purchases was big news for her.
“With its new earning rate of 3 points per dollar spent on vacation home rentals, including Airbnb, the Chase Sapphire Preferred has become my go-to travel card,” Stephanie said. “I book several Airbnb stays throughout the year, so earning elevated rewards on those purchases means I can rack up more points on trips I was already planning to take and redeem them toward future travel.”
In addition to the Ultimate Rewards points you’ll earn by booking with the Sapphire Preferred, you can stack bonus points or miles across multiple airline programs by linking your accounts. Options include ANA Mileage Club, British Airways Club, Delta SkyMiles and Qantas Frequent Flyer.
Some stays may not be eligible for stacking.
Vrbo
Vrbo is a direct competitor to Airbnb. It’s part of the Expedia network and the OneKey rewards program, so you’ll earn OneKeyCash on bookings made directly on the platform.
Along with the Ultimate Rewards points you’ll earn with the Sapphire Preferred, you can also earn rewards with some airline programs, including Delta SkyMiles, JetBlue TrueBlue and United MileagePlus.
You could also stack your earnings with other award currencies by booking through online shopping portals, such as the American AAdvantage eShopping portal and the Delta SkyMiles Shopping portal.
Like with Airbnb, some stays may not be eligible for stacking.
Plum Guide
This is a curated vacation home platform with handpicked properties across the globe.
Plum Guide listings were added to Chase Travel in April 2026. Now, you can earn bonus points on direct bookings with the Sapphire Preferred.
HomeAway
HomeAway exists under the Vrbo umbrella. Stays booked through this platform are eligible for the same perks as Vrbo.
Homestay.com
Homestay.com is a booking platform with options worldwide. It’s based in Dublin, Ireland, and provides bookings for vacation homes and hosted rooms.
Vacasa
Vacasa is a vacation home platform based in North America. It features more than 38,000 homes across 41 U.S. states, Canada, Mexico, Belize and Costa Rica.
What vacation home charges will not qualify for 3 points per dollar spent on the Sapphire Preferred?
There are certain charges that aren’t eligible for 3 points per dollar spent on the Sapphire Preferred. These include secondary cleaning fees and purchases made with merchants outside of the six eligible booking platforms, even if those merchants include vacation homes.
Your best bet is to make your reservations directly with one of the six brands listed above and earn points on all other charges covered in your booking.
Related: Renting an Airbnb? Here are the best credit cards to use
How does the Sapphire Preferred’s bonus category compare to competing cards?
Here’s how the Sapphire Preferred compares to cards with similar earning rates on vacation homes booked directly.
| Card | Vacation homes earning rate | Return on spending** | Annual fee |
|---|---|---|---|
|
3 Ultimate Rewards points per dollar spent with select brands* |
6.2% |
$95 |
|
|
3 Ultimate Rewards points per dollar spent on the first $150,000 spent in combined purchases each year in multiple categories, including travel, then 1 point per dollar spent |
6.2% |
$95 |
|
|
3 Membership Rewards points per dollar spent on travel |
6% |
$150 |
|
|
5 Capital One miles per dollar spent on vacation rentals booked through Capital One Travel
2 Capital One miles per dollar spent on all other purchases |
3.7% |
$95 |
|
|
2% cash back — 1% when you buy, and an additional 1% when you pay for your purchase — on every purchase |
2% (cash back) |
$0 |
*Select brands are: Airbnb, Vrbo, Plum Guide, HomeAway, Homestay.com, and Vacasa.
**Based on TPG’s July 2026 valuations.
The information for the American Express Green Card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
Related: Capital One miles vs. Chase Ultimate Rewards points: Which currency is better for your travels?
Vacation homes vs. hotels: Which earns more on the Sapphire Preferred?
If you’re a Sapphire Preferred cardholder weighing between a vacation home and a hotel, there are a few points to consider:
- Hotels and vacation homes booked through Chase Travel earn 5 points per dollar spent. This is the highest earning rate you’ll get on the card, but Chase Travel may have fewer vacation home options, or you may not be eligible for elite status perks and loyalty program perks from the brand you’re staying with if you go this route.
- Vacation homes booked directly with select brands* earn 3 points per dollar spent on the Sapphire Preferred.
- Hotels booked directly earn 2 points per dollar spent on the Sapphire Preferred, since they’re covered under the card’s bonus category for all other travel.
If you’re going through Chase Travel, you’ll get the same earning rate for a hotel or a vacation home (5 points per dollar spent).
If you’re booking directly with the merchant, you’ll actually earn more points for a vacation home booked through one of the brands covered by the category* (3 points per dollar spent) than for a hotel booked directly (2 points per dollar spent).
*Select brands are: Airbnb, Vrbo, Plum Guide, HomeAway, Homestay.com, and Vacasa.
Related: Chase Sapphire Preferred statement credits: What they are and how to use them
Bottom line
In my view, the Sapphire Preferred’s bonus category for select vacation homes is a top benefit. Thanks to the high value of Ultimate Rewards points, you can get about 6.2% back on your spending — a solid deal for a category not often found on many competing cards.
Whether you’re an Airbnb enthusiast or you’re looking for more options to earn outside of traditional hotel stays, this is a category worth noting.
To learn more, read our full review of the Sapphire Preferred.
Apply here: Chase Sapphire Preferred
