Bilt Rewards program: Information to incomes factors on hire, eating and extra

American Categorical Membership Rewards and Chase Final Rewards factors have been the creme de la creme of bank card factors for years. With their intensive checklist of switch companions, TPG values their factors at 2 and a couple of.05 cents apiece, respectively. Whereas there are a lot of methods to get way more worth for reserving luxurious flights and resort stays, the factors and miles panorama has lately turn into more and more aggressive. Nearly each bank card issuer has launched a rewards program to incentivize spending inside its ecosystem.

One in every of these newcomers is Bilt Rewards — and it is constructed (sure, pun meant) like none different. You may earn factors for paying hire, which is nice information since renting can quantity to hundreds of {dollars} spent yearly. Regardless of being a brand new participant on this aggressive discipline, Bilt Rewards has a powerful lineup of switch companions, together with American Airways AAdvantage and World of Hyatt.

We worth Bilt factors at 2.05 cents every, although there are many methods to get extra worth from them. Preserve studying as we delve into all the small print of the Bilt Rewards loyalty program, exploring find out how to earn and redeem factors for optimum worth.

What’s Bilt Rewards?

Bilt Rewards is a loyalty program that allows you to earn factors to redeem in a number of methods. You may earn Bilt Rewards factors by merely changing into a member, linking a qualifying card to your Bilt Rewards account and transacting with Bilt companions. Maybe most notably, you’ll be able to earn Bilt Rewards by paying your hire.

Incomes may be made simpler and extra profitable once you maintain the Bilt Mastercard® (see charges and charges), however you do not have to have the cardboard to earn inside the program.

There are numerous redemption alternatives inside the Bilt Rewards program. You may switch factors to Bilt’s loyalty companions; e book journey with airways and resorts via Bilt’s journey portal; store from Bilt’s curated artwork, dwelling decor and way of life assortment; store with Amazon; pay for health lessons; and extra.

earn Bilt Rewards factors

This is the very first thing to know: You do not essentially have to have the Bilt Mastercard or to pay hire to earn Bilt factors. There are seven major methods to earn Bilt factors.

Earn Bilt factors by paying hire

You may earn 250 factors per on-time hire cost at Bilt Rewards Alliance properties via Automated Clearing Home or non-Bilt playing cards. Meaning you’ll be able to earn as much as 3,000 factors per 12 months, which we worth at $61.50.

Alternatively, you’ll be able to earn 1 level per greenback spent on hire at any dwelling (as much as 100,000 factors per 12 months) by paying your hire with the Bilt Mastercard. You may pay your hire on-line together with your Bilt Mastercard via the Bilt app. In case your landlord solely accepts bodily checks, do not fret. You may nonetheless pay your hire with the Bilt Mastercard on the app, after which Bilt will immediately mail your landlord a hire verify every month, permitting you to earn factors on hire with out incurring any further charges.

Earn Bilt factors with the Bilt Mastercard

Talking of the Bilt Mastercard, it provides a easy incomes construction:

• 3 factors per greenback spent on eating
• 2 factors per greenback spent on journey
• 1 level per greenback spent on hire funds (as much as 100,000 factors per 12 months)
• 1 level per greenback spent on all different purchases

You will need to use your card a minimum of 5 occasions throughout every assertion interval to earn factors.

There’s a complete suite of spectacular perks for this no-annual-fee card, together with complimentary cellphone safety, journey cancellation and interruption safety and no overseas transaction charges (see charges and charges). You don’t want to pay hire to use for the Bilt Mastercard.

Associated: Must you use the Bilt Mastercard? Why it may very well be a recreation changer for renters

Earn Bilt factors via Bilt Eating

Bilt additionally has its personal eating rewards program, Bilt Eating. Presently, this system operates in additional than 20 markets, together with cities like Atlanta, Boston, Chicago, Dallas and New York Metropolis, and there are plans so as to add much more.

You may hyperlink any Visa, Mastercard or American Categorical bank card to the Bilt Eating program to earn 5 factors per greenback spent at Bilt Eating eating places once you pay with any eligible card in your Bilt Pockets.

These earnings are along with what you earn together with your bank card. For instance, in the event you pay together with your Bilt Mastercard, you may earn 3 further factors per greenback spent, making for a complete of 8 Bilt factors per greenback spent. Put in another way, that is a 16.4% return in your eating purchases.

Bilt states you’ll be able to earn as much as 10 factors per greenback spent on consuming at a Bilt Eating restaurant and paying with any eligible card on file in your Bilt Pockets. Plus, there is no such thing as a cap on what number of factors you’ll be able to earn via Bilt Eating.

Earn Bilt factors on the Bilt journey portal

Expedia powers Bilt’s journey portal, so you’ll be able to earn factors on flights, stays, automobile leases and issues to do. As a Bilt member, you earn 1 level per greenback spent on journey booked via the portal.

For instance, by reserving this one-way United Airways ticket from San Francisco Worldwide Airport (SFO) to Newark Liberty Worldwide Airport (EWR), you’d earn 318 Bilt factors.

As a Bilt Mastercard holder, you earn 2 factors per greenback spent on journey booked via the portal and a couple of factors per greenback by charging your buy to the cardboard. That may be a whole of 4 Bilt factors per greenback spent.

Earn Bilt factors with referrals

You will earn 2,500 factors every time you refer a buddy to the Bilt Mastercard. For each 5 referrals, you earn 10,000 bonus factors, as much as 2 million factors. You may refer associates to the cardboard via the web site or app.

Earn Bilt factors with Lyft

You may earn 2 Bilt factors per greenback spent on Lyft rides once you hyperlink your accounts. Once you pay on your experience with the Bilt Mastercard, you may additionally obtain an extra 3 Bilt factors per greenback spent. For many, Bilt Rewards is the very best Lyft reward associate.

Earn Bilt factors with SoulCycle

You may earn as much as 10 factors per greenback spent on SoulCycle lessons booked via the Bilt app.

Elite standing via Bilt Rewards

Bilt provides 4 standing tiers. You may attain Bilt Elite standing in two methods: incomes Bilt factors and receiving fast-track standing with spending on the Bilt Mastercard and inside the Bilt ecosystem.

Whilst you will not earn fast-track standing on hire spending, you’ll be able to earn it via SoulCycle lessons booked within the Bilt app, Bilt Eating restaurant purchases made with any card linked in your Bilt Pockets, Lyft rides when Bilt is ready as your rewards associate and bookings made through Bilt’s journey portal.

This is a fast overview:

Your member standing is predicated on the full factors earned in a calendar 12 months. You will obtain the upper of the 2 statuses via qualifying factors or through spend on the fast-track standing path.

Irrespective of once you earn standing every calendar 12 months, it is good for the remainder of the 12 months and the next 12 months.

Associated: Fast Factors: earn ‘curiosity’ in your factors steadiness with Bilt Rewards

Redeeming Bilt Rewards factors: Poor-value choices

The Bilt Rewards loyalty program provides you some ways to make use of your factors, although not all carry equal worth.

If you wish to extract the utmost worth out of your Bilt Rewards factors, you may possible need to keep away from a few of these much less helpful redemption choices.

Use factors for Amazon purchases

You may choose your Bilt Mastercard on Amazon as a cost methodology and redeem your factors to cowl all or a portion of your buy at checkout. Nevertheless, Bilt factors are price 0.7 cents every when used this fashion. For instance, you may want roughly 14,300 Bilt factors to cowl a $100 Amazon buy. Examine that to TPG’s potential estimated worth of two.05 cents apiece, and it isn’t essentially the very best deal.

Store the Bilt Assortment

The Bilt Assortment is a curated checklist of things, together with artwork, dwelling decor and attire. The worth per level will fluctuate however not often exceeds greater than 1 cent per level, so you must possible move on this selection.

Redeem your factors for health lessons

Health fanatics can redeem their Bilt factors to attend name-brand lessons like SoulCycle, Solidcore, Y7 Studio and Rumble Boxing. The worth will rely upon the category you choose however hovers round 1 cent per level.

Pay your hire with factors

A probably attractive choice together with your factors is to save lots of them to assist cowl your subsequent hire cost. Nevertheless, that is solely accessible in the event you stay in a Bilt Rewards Alliance property or go for verify funds. Even worse, the redemption worth is simply 0.55 cents per level.

Associated: 5 widespread purchases you must by no means redeem miles for

Redeeming your Bilt Rewards factors: Medium-value choices

The next redemption choices will get you an honest worth with a redemption fee of a minimum of 1 cent per level.

Use your factors to save lots of up for a down cost on a house

Bilt provides the distinctive means for customers to save lots of up their factors towards a down cost on a house. In case you go for this route, your Bilt factors are valued at 1.5 cents every towards a down cost.

Redeem for journey on the Bilt journey portal

You should use the Bilt journey portal to offset the price of flights, stays, rental automobiles or actions — at a fee of 1.25 cents per level.

Transferring to airline and resort companions: Finest worth

Nothing beats the outsize worth of transferring your factors to Bilt’s 16 airline and resort companions. Bilt Rewards is the one transferable factors program to supply American Airways AAdvantage as a switch associate, which is certainly one of our favourite choices for some fairly wonderful candy spots.

Moreover, Bilt introduced its thirteenth airline switch associate in 2023, permitting Bilt Rewards members to switch factors to Avianca LifeMiles at a 1:1 ratio. Per the Bilt Rewards app, transfers can take “as much as 72 hours,” however in earlier exams with Bilt switch companions, most reward transfers occurred immediately.

It is free to affix these loyalty applications, even in the event you’ve by no means flown the airline or stayed with the resort model. Plus, Bilt provides cardholders 100 bonus factors (as much as a complete of 500 factors) for every loyalty program you hyperlink to your account.

You may simply get 2.05 cents per level in worth — and maybe far more — and rating a lie-flat airplane seat or an expensive resort keep by transferring your Bilt factors to the best applications, all at a easy 1:1 switch ratio.

Bilt Rewards has traditionally supplied among the finest switch bonuses we have seen throughout Lease Day (the primary of each month). This has included 150% switch bonuses to some carriers, reminiscent of Emirates Skywards.

For instance, Bilt was lately providing 100% switch bonuses to Air France-KLM Flying Blue and HawaiianMiles.

Merely put, the choices are infinite. As a result of so lots of Bilt’s switch companions overlap with present transferable factors applications, you’ll be able to discuss with our guides as inspiration to maximise applications like Air Canada Aeroplan, KLM Flying Blue, Virgin Atlantic Flying Membership and so many extra.

Associated: 7 of the very best airline award chart candy spots

Backside line

Bilt Rewards presents an distinctive worth proposition for each renters and non-renters. Bilt has established partnerships with among the extra profitable airline and resort loyalty applications, enabling you to extract extraordinary worth out of your factors. Your factors switch seamlessly at an easy 1:1 ratio, and most applications course of the transfers immediately.

Even in the event you aren’t renting or do not need to apply for the Bilt Mastercard, you’ll be able to earn numerous factors by linking your Lyft account, enrolling in Bilt Eating and reserving journey via the Bilt portal.

See Bilt Mastercard® charges and charges right here.
See Bilt Mastercard® rewards and advantages right here.