Redeem: The ultimate guide to earning and redeeming Wyndham Rewards This can actually be a much better value than using your points on a traditional hotel room as some properties cost as much as 30,000 points per night - for just a studio hotel room. That means a studio or one-bedroom costs 15,000 points per night, a two-bedroom costs 30,000 points per night, a three-bedroom costs 45,000 points per night and so on. With Wyndham's fixed award chart - even on home rentals - it'll cost 15,000 Wyndham points per bedroom per night. This partnership allows you to use your Wyndham Rewards points to book over 15,000 vacation rentals around North and Central America. Related: Best credit cards for home rentals Use Wyndham points with VacasaĪt the beginning of 2021, Wyndham announced a partnership with Vacasa, a vacation rental management company. (Photo by Scott Mayerowitz/The Points Guy) This is now one of my go-to cards for everyday spending, and I’ll be able to just cash the points out at 1 cent each to offset what I spend on a home or cabin rental - or anything else. Since I’m in that top tier for banking with Bank of America, it bumps up my earning on everyday charges to 2.625 points per dollar and on travel or dining to 3.5 points per dollar. But it gets better if you bank with Bank of America, as your deposits with the bank can earn you up to a 75% bonus on points earned with this card via the bank’s Preferred Rewards program. It earns 1.5 points per dollar on non-bonus charges and 2 points per dollar on travel and dining. For me, this card is turning out to be a points powerhouse for uses like home rentals or any other charge that doesn’t fall under any one particular umbrella. The card I’ve personally added to my wallet during the pandemic with this exact goal of points-fueled home rentals in mind is the Bank of America® Premium Rewards® credit card. Related: VRBO home rentals sometimes code as travelĪnd right now, the Capital One Venture comes with the opportunity to earn 75,000 bonus miles after spending $4,000 on purchases within the first three months from account opening. (Here’s how to redeem those miles for travel.) However, be aware that while sometimes codes as travel, it doesn’t always code as travel, depending on who owns and manages the property, so proceed with caution in that regard. If you have a credit card that earns fixed-value points in your wallet (or you are looking to add one), those are some of the best types of points to use to pay for vacation home rentals.įor example, the Capital One Venture Rewards Credit Card earns 2 miles per dollar on all purchases and allows you to redeem those points at 1 cent each toward travel. With the current 60,000-point bonus with the Chase Sapphire Preferred, after you spend $4,000 on purchases in the first three months of account opening that'll also easily give you $750 towards a home rental if that's how you want to redeem points. Related: How to redeem points via the Chase travel portal The Points Guy will not share or sell your email. I would like to subscribe to The Points Guy newsletters and special email promotions. Related: How to redeem credit card points for Airbnbs Just as you can redeem your Chase Ultimate Rewards points for as much as 1.5 cents each when booking flights and hotels via the Chase travel portal, you can do the same for the home rentals it has available in its program (powered by Expedia) by selecting the vacation rental option. And just like choosing the best home rental for you takes some skill, figuring out the best way to redeem your points for a home rental isn’t as simple as reading an award chart and hitting “book now” … but it absolutely can be done. Home rentals have been great to us since we started branching out from hotels more frequently last year, but as a “points person,” I’ve been curious about the best ways to use your points to book a vacation home rental because plunking down cash gets old in a hurry. New to The Points Guy? Want to learn more about credit card points and miles? Sign up for our daily newsletter. But since the start of the COVID-19 pandemic, home rentals have a whole new set of benefits related to space, distance from others and the ability to be a self-contained entity with a kitchen, potential backyard or even a private pool. Vacation home rentals have always been a great tool to have in your travel toolbox, especially when traveling with a family or group of friends. Editor’s note: This post has been updated with new information.
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