Replace for Hire Day 5/1. For Hire Day on 5/1, Bilt Rewards is providing the next further perks. If you’re a renter, this program presents regular stream of free month-to-month factors and a wide range of promotional perks. Additionally they not too long ago introduced a change to their lease cost system that provides a pre-approval step within the app (most likely to counter fraud, however they tease that factors for mortgage funds are coming…).

On Could 1st solely, Bilt is providing a switch bonus to Southwest Fast Rewards, which can be a brand new switch accomplice for them. Blue will get a 25% bonus (1,000 Bilt factors = 1,250 Avios). Silver will get a 50% bonus (1,000 Bilt factors = 1,500 Avios). Gold will get a 75% bonus (1,000 Bilt factors = 1,750 Avios). Platinum will get a 100% bonus (1,000 Bilt factors = 2,000 Avios).

Hire Day all the time means their 2X double factors promo the place you may get 6X on eating, 4X on journey, and 2X on different purchases (besides lease). There’s a cap of 1,000 bonus factors.

You’ll be able to nonetheless earn plenty of Bilt factors only for paying month-to-month lease to any landlord with no transaction charges, which is their most vital characteristic. I don’t know the standing of all the opposite smaller bonuses listed beneath for brand spanking new clients.

Simply joined not too long ago? Search for these free Bilt Factors alternatives (any day). Bilt allows you to earn bonus factors for a wide range of completely different small actions, which may add as much as 1,000+ straightforward factors. I don’t know if these are formally listed anyplace, however I received them.

• After I first received accredited for the Bilt card, they supplied me 5X Bilt factors on all purchases (besides lease) for a restricted time period (reader Eileen experiences 5 days). This can be a good alternative to earn 5X factors for on a regular basis bigger purchases like insurance coverage, tax cost, charitable giving, or utility payments. Max 50,000 factors.
• 100 factors for linking every switch accomplice. Hyperlink Hyatt? 100 factors. Hyperlink Air Canada Aeroplan? 100 factors. Hyperlink all of them! 10+ companions = 1,000+ factors.
• 500 factors for Amazon Store with Factors. Hyperlink your Amazon account and you should purchase stuff with Bilt factors on the ordinary mediocre 0.7 cents per factors worth. Linking will get you 250 factors, and utilizing this system (spend at the least 1 Bilt level) and get one other 250 Bilt factors.
• 100 factors for every bank card linked to Bilt Eating (as much as 300 factors). Bilt Eating allows you to earn 5X factors per greenback once you pay at an eligible restaurant utilizing a linked bank card. Hyperlink three completely different bank cards, get 300 Bilt factors.

Necessary reminder: You will need to use your card to make 5 purchases (of any quantity) every assertion interval to earn factors.

Full overview:

The up to date Bilt Mastercard is a novel bank card that earns rewards on lease funds to any landlord. Bilt is a lease cost platform and they’re going to ship your landlord a examine or ACH financial institution switch in order that your landlord is not going to must do something. The bank card itself is issued by Wells Fargo. Bilt has bonus classes and a wide range of factors redemption choices like many different rewards bank cards. Listed here are the highlights:

• As much as 1X factors spent on lease funds with out the transaction price, as much as 100,000 factors every calendar yr.
• 3X factors on eating.
• 2X factors on journey together with inns, rental automobiles, and cruises when booked instantly with airways, inns, and automotive rental businesses.
• 1X factors on different purchases.
• Earn factors once you make 5 transactions that put up every assertion interval.
• When renting at a Bilt Alliance property, you may select to have your lease funds mechanically reported by Bilt to the three main credit score bureaus every month; Experian(TM), TransUnion(TM), and Equifax(TM).
• No annual price.
• World Elite Mastercard perks like mobile phone insurance coverage and buy safety.

Meaning your lease will be as much as $100,000 per yr ($8,333 per thirty days) and you’ll nonetheless be capable to take full benefit of the 1X factors per greenback spent on lease funds. They do require you to make at the least 5 transactions per thirty days (lease will be one), in any other case too many individuals would possibly simply put their lease on the cardboard and never use the cardboard in any other case.

Bilt has partnered with the homeowners of over 2,000,000 house items to create the Bilt Rewards Alliance. The best means is use out if you happen to reside in a qualifying property is to easily kind in your handle into the Bilt app.

Bilt additionally presents Double Factors on “Rent Day”, aka the first of each month. Which means that on the first day of each month, you may get 6X on eating, 4X on journey, and 2X on different purchases(besides lease). Additionally they provide different promos on at the present time.

Bilt Rewards Factors redemption choices

Journey companions. Bilt Rewards factors switch on a 1:1 foundation to the next resort and airline companions. It’s also possible to get 100 bonus factors for each loyalty program you hyperlink to Bilt.

• Alaska Airways Mileage Plan (NEW)
• Air Canada Aeroplan
• United Airways
• Hawaiian Airways
• FlyingBlue (Air France/KLM)
• Miles & Smiles (Turkish Airways)
• Emirates Skywards
• Cathay Pacific Asia Miles
• British Airways Government Membership
• Virgin Atlantic Flying Membership
• Aer Lingus Aer Membership
• Turkish Miles & Smiles
• Iberia Plus
• TAP Air Portugal
• World of Hyatt
• IHG One
• Accor ALL

Hyatt resort factors, Alaska, United, and Hawaiian miles are possible probably the most helpful factors for the common US traveler. I’m conservative when valuing factors and miles on account of their redemption hassles and regular risk of devaluation, so I’d place the worth right here a 1 cent some extent despite the fact that I undoubtedly plan to exceed that. It’s possible you’ll want to use a distinct worth.

House Downpayment? Bilt says that your factors will be redeemed at 1.5 cents per level when used in the direction of a house downpayment. This looks like it could be quite difficult to truly redeem, so I’d hold it thoughts however wouldn’t depend on it. If you happen to racked up 100,000 factors over time, it will be good to have $1,500 by way of this technique.

Store with Factors at Amazon. You’ll be able to hyperlink your Bilt Rewards factors to Amazon and pay to your purchases at price of 0.70 cents per level.

Hire. Bilt will allow you to convert factors in the direction of your subsequent lease cost at 0.55 cents per level. This isn’t a superb redemption price when in comparison with the miles/Hyatt possibility. It’s too unhealthy there isn’t a straightforward, first rate cash-out possibility.

Assertion credit score. Bilt can even allow you to convert factors in the direction of an announcement credit score in your bank card assertion at 0.55 cents per level.

Different choices embrace health lessons or bodily gadgets like “limited-edition” house decor or artwork within the “Bilt Collection” catalog. Personally, I like with the ability to add to my Hyatt and Canada Aeroplan stash.

Presumably assist your credit score rating? When renting at a Bilt Alliance property, your on-time cost exercise will be mechanically reported to the three main credit score bureaus. As well as, with the non-compulsory “BiltProtect” characteristic, your lease funds shall be instantly withdrawn from a linked checking account so your credit score restrict isn’t decreased (and ideally your lease gained’t contribute to your bank card debt).

How do I pay my landlord or property supervisor? They don’t take bank cards as a result of transaction charges. Bilt will give you a financial institution ACH routing quantity and account quantity that you need to use to carry out an ACH switch, or they may merely ship a paper examine in your behalf. In March 2025, Bilt added a pre-authorization step that it’s a must to do first within the Bilt app. After that they may present you new routing and account numbers. You don’t really pay with the bank card, nor do you or your landlord must pay any bank card transaction charges.

1. Pre-authorize your cost within the Bilt app (earlier than you pay lease)
Every month, pre-authorize your lease cost from the Bilt app, as much as 5 (5) days earlier than paying lease.
Choose your lease quantity and cost technique.
Use your Bilt Mastercard® to your ordinary rewards and waived charges, or
Use another credit score/debit card to earn each Bilt Factors AND your card’s rewards.
First time solely: You’ll obtain your BillPay by Bilt routing and account numbers. Add these to your property’s cost portal, changing your outdated Hire Rewards account particulars.
Elective: After establishing BillPay, you may allow auto-authorization below ‘Rent Payment Options’ by deciding on the day of the month and cost quantity you need mechanically approved every month.

Free mobile phone safety. Pay your month-to-month mobile phone invoice together with your Bilt Mastercard and stand up to $800 of safety (topic to $25 deductible) in opposition to coated injury or theft. For full protection particulars, go to wellsfargo.com/biltbenefits. To file a declare, name 1-800-316-8051 or go to mycardbenefits.assurant.com.

Backside line. The Bilt Mastercard presents a novel rewards construction focused particularly at all renters with any landlord. At $2,000 a month in lease, the 1X rewards would add as much as 24,000 factors per yr in rewards = 24,000 Alaska/United/Hawaiian miles or 24,000 Hyatt factors with no further transaction charges and no bank card annual price. It’s possible you’ll even do higher if you happen to look ahead to a “Rent Day” promo on the primary of the month. One thing to contemplate if you have already got to pay lease anyway.