Chase is giving its premium credit cardholders a new way to use their travel benefits for stays: vacation homes.
Starting January, Chase Travel will expand The Edit, its curated collection of luxury hotels and resorts, to include more than 10,000 vacation home properties. The homes will join the more than 1,500 hotels and resorts already in the collection, giving eligible cardholders more options for using their annual travel credits.
Thursday’s announcement comes alongside new survey findings that suggest travelers are increasingly planning vacations around credit card rewards, group experiences, and opportunities to learn something new.
In an interview with Fast Company, Chase Travel’s CEO, Jason Wynn, said the move reflects changing traveler preferences, particularly among younger consumers and people planning vacations with larger groups.
“We’ve actually been in the vacation home business for a little while,” Wynn said. “We launched vacation home rentals on Chase travel last year.”
The company added properties from Plum Guide, a selective vacation rental platform, earlier this year and has seen growing interest from cardholders. For Chase, the expansion is part of a broader effort to make its travel platform useful for more types of trips, whether that means a luxury hotel, a private house on the beach, or something else.
The new vacation houses will be available through The Edit to Chase Sapphire Reserve, Sapphire Reserve for Business, and J.P. Morgan Reserve cardmembers.
Unlike booking a typical vacation rental through a platform like Airbnb, eligible home stays will come with some of the benefits travelers might typically associate with luxury hotels.
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