Bilt Rewards is rapidly becoming one of the most talked-about loyalty programs in the world of credit cards and rewards. With its unique approach, it allows users to earn points on their rent payments, a category that is often excluded from many traditional rewards systems. Whether you’re a renter or a seasoned traveller looking for ways to maximise your spending, Bilt Rewards might be the key to unlocking extra value in your everyday transactions. In this article, we’ll dive into everything you need to know about Bilt Rewards, from how it works to the latest trends and what people are saying about it online.

What Are Bilt Rewards?

Bilt Rewards is a relatively new loyalty programme that gives users the ability to earn points through their everyday spending. While many rewards programmes focus on groceries, dining, or travel, Bilt takes a unique approach by allowing members to earn points on rent payments, something that most other reward programmes do not cover. This makes Bilt Rewards particularly attractive to renters, as it offers the opportunity to earn rewards on what is often one of their largest monthly expenses.

In addition to rent payments, Bilt Rewards can be earned on a range of other purchases through the Bilt Mastercard, which offers 1 point per dollar on most purchases and 2 points per dollar spent on travel. These points can be redeemed for a variety of rewards, including travel, fitness memberships, or even for cash back.

How Does Bilt Rewards Work?

Bilt Rewards is designed to be as simple as possible for users. First, you need to sign up for the Bilt Rewards programme, which is free to join. Once you’re a member, you can either link your rent payments directly to Bilt or use a Bilt Mastercard to make purchases that will earn you points. The points you earn from your rent payments will be credited to your Bilt Rewards account, and you can redeem these points in a variety of ways.

What sets Bilt apart from other reward programmes is that it allows users to earn points on rent without charging any fees. This is particularly beneficial for renters who are used to paying their rent without earning any rewards or points. Plus, there are no transaction fees for making rent payments via Bilt, unlike other services that may charge a fee for using a credit card.

Why Is Bilt Rewards So Popular?

The popularity of Bilt Rewards has been on the rise for several reasons. One of the main drivers is the fact that it allows users to earn rewards on something that has typically not been rewarded in the past—rent. This unique selling point has attracted a large number of renters who were previously unable to earn rewards for their largest monthly expense.

Another reason for the increasing popularity of Bilt Rewards is its flexibility. The points you earn can be redeemed in a wide range of ways, including travel, fitness memberships, and even statement credits. The ability to redeem points for travel or experiences makes Bilt Rewards particularly appealing to those who enjoy exploring new places or participating in activities that improve their lifestyle.

Moreover, Bilt Rewards has generated significant buzz on social media platforms like X (formerly Twitter) and Meta (Facebook/Instagram), where people are discussing the benefits and experiences associated with the programme. On X, users frequently share their success stories of earning points on rent, while Meta users often discuss the most optimal ways to use their points for travel.

Latest Trends on Social Media and Discussions Around Bilt Rewards

On X (Twitter)

The buzz around Bilt Rewards has grown significantly on X, with many users praising the programme for offering rewards on rent payments. There have been a lot of discussions about the best ways to maximise Bilt Rewards, especially in terms of travel rewards. Recent tweets indicate that Bilt Rewards users are sharing strategies on how to get the most out of their points by using them for discounted flights, hotel stays, and even car rentals.

Additionally, there’s been increasing interest in Bilt’s partnerships with airlines and hotels. Many users are excited about the ability to transfer Bilt points to major travel partners, which increases the flexibility of the programme and offers even more ways to earn and redeem points.

On Meta (Facebook/Instagram)

On Meta, Bilt Rewards is trending in various personal finance groups, where people are exchanging tips on using the programme to its full potential. Many members are recommending it as a great option for renters looking to maximise the value of their monthly expenses. One recent trend on Instagram has been people showing off their travel rewards, like discounted flights and exclusive hotel stays, made possible through Bilt points.

Moreover, on Facebook, several groups dedicated to credit cards and rewards programmes have been discussing how Bilt compares to other loyalty programmes like Chase Ultimate Rewards or American Express Membership Rewards. Members are often comparing the points earned through rent payments with other methods of earning rewards and discussing whether the lack of transaction fees for rent payments makes Bilt a more valuable option.

How to Maximise Your Bilt Rewards Points

To get the most out of your Bilt Rewards, it’s essential to use the programme strategically. Here are a few tips to maximise your points:

Use the Bilt Mastercard for Everyday Purchases: While rent is the primary way to earn points, you can also earn points by using the Bilt Mastercard for other everyday purchases. Make sure to use your card for dining, travel, and shopping to accumulate more points quickly.

Transfer Points to Travel Partners: One of the most effective ways to use your Bilt points is to transfer them to one of Bilt’s travel partners. This allows you to redeem points for flights, hotel stays, and car rentals at a much higher value than if you were to redeem them for cash back or statement credits.

Look Out for Special Promotions: Bilt frequently runs promotions where you can earn extra points or get discounts on specific categories. Stay on top of these offers to take advantage of bonus point opportunities.

Redeem Points for Fitness Memberships: Another unique feature of Bilt Rewards is the ability to use points to cover fitness memberships at places like Peloton or Equinox. If fitness is a part of your routine, this can be a great way to put your points to use.

Bilt Rewards vs. Traditional Credit Card Points

When comparing Bilt Rewards to traditional credit card points, there are a few notable differences. Traditional credit card rewards programmes, such as those offered by Chase or American Express, allow users to earn points on almost every purchase. However, these rewards often don’t cover rent payments, which can make up a significant portion of someone’s monthly budget.

Bilt, on the other hand, offers a much more targeted rewards programme, allowing users to earn points on rent payments with no transaction fees. This is a game-changer for many renters, as it opens up a new way to earn rewards on a consistent expense that would otherwise go unrewarded.

Another advantage of Bilt Rewards is its no-fee structure, which contrasts with some traditional credit cards that charge fees for certain types of transactions. If you’re someone who pays rent and wants to start earning rewards without worrying about added fees, Bilt might be the right choice for you.

Who Should Consider Bilt Rewards?

Bilt Rewards is an excellent option for renters who want to start earning rewards on their rent payments. It’s also a good fit for people who want to earn points without the hassle of dealing with fees or complicated reward structures. The Bilt Mastercard is particularly attractive for individuals who frequently travel or want to make the most out of their everyday spending.

However, if you don’t pay rent or don’t have a large number of expenses that would help you accumulate points quickly, Bilt may not offer as much value for you. Those who already have rewards cards that cover their spending well may not find Bilt Rewards to be a game-changer unless they also pay rent.

Final Thoughts

Bilt Rewards offers an innovative way to earn points, particularly for renters who traditionally have been left out of most rewards programmes. With no fees on rent payments and multiple ways to redeem points, it’s clear why Bilt is quickly becoming a favourite among many. The ability to transfer points to travel partners and redeem them for fitness memberships also adds significant value to the programme. Whether you’re looking to earn points for travel, fitness, or cashback, Bilt Rewards provides an easy and flexible way to maximise your spending.

Stay updated with the latest trends and strategies for Bilt Rewards by following discussions on social media platforms like X and Meta. As the programme evolves and grows in popularity, more tips and hacks will emerge to help you make the most of your rewards.

FAQs

How can I earn Bilt Points?

You can earn Bilt Points by paying rent through the Bilt Payment Center using ACH, credit card, or debit card. Additionally, using the Bilt Mastercard® for everyday purchases, such as dining and travel, accumulates points. To start earning, set up your rent payment in the Bilt app or website, and consider using the Bilt Mastercard® for other expenses. 

What are the options for redeeming Bilt Points?

Bilt Points can be redeemed in several ways:

Travel: Transfer points to airline and hotel partners for flights and stays.

Rent Payments: Apply points directly toward your monthly rent.

Down Payments: Use points to save toward a home purchase, with each point valued at $0.015.

Fitness Classes: Redeem points for classes at partner fitness studios.

Shopping: Use points for purchases on platforms like Amazon.

Who are Bilt’s travel transfer partners?

Bilt has partnered with several airline and hotel loyalty programs, including:

Airlines: Alaska Airlines Mileage Plan, United MileagePlus®, Air Canada Aeroplan®, and more.

Hotels: World of Hyatt, IHG Rewards, and others.

Points typically transfer at a 1:1 ratio, providing flexibility in booking travel. 

Is there a fee for paying rent with the Bilt Mastercard®?

No, Bilt allows you to pay rent with the Bilt Mastercard® without incurring transaction fees, up to 100,000 points each calendar year. This enables you to earn rewards on rent payments without additional costs. 

What is Bilt’s “Rent Day” promotion?

On the first of each month, Bilt’s “Rent Day” offers members special promotions and opportunities to earn bonus points. For example, members might earn double points on non-rent purchases or participate in exclusive events. Details are announced monthly on Bilt’s official channels. 

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