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

American Specific Membership Rewards and Chase Final Rewards factors have been the creme de la creme of bank card factors for years. Because of their intensive lists of switch companions, their factors are price 2 and a couple of.05 cents apiece, respectively, per TPG’s October 2024 valuations.

Whereas there are various methods to get much more worth when reserving luxurious flights and lodge stays, the factors and miles panorama has lately change into more and more aggressive. Virtually each bank card issuer has launched a rewards program to incentivize spending inside its ecosystem.

Considered one of these newcomers is Bilt Rewards, and it is constructed (sure, pun meant) like no different. You may earn factors for paying hire, which is nice information since renting can quantity to tens of hundreds of {dollars} spent yearly. Regardless of being a brand new participant on this aggressive area, Bilt Rewards has a powerful lineup of switch companions, together with Alaska Airways Mileage Plan and World of Hyatt.

Plus, this month, Bilt Rewards added Accor and TAP Air Portugal as switch companions, with Bilt Factors transferring at a 3:2 ratio and a 1:1 ratio, respectively. This partnership permits Bilt members to switch their factors to 5 of the preferred lodge loyalty applications within the U.S., as Bilt factors additionally switch to Hilton Honors, World of Hyatt, IHG One Rewards and Marriott Bonvoy at a 1:1 ratio.

We worth Bilt factors at 2.05 cents every (per TPG’s October 2024 valuations), 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 learn 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 turning 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 factors by paying your hire.

Incomes may be made simpler and extra profitable once you maintain the Bilt Mastercard® (see charges and charges), however you needn’t have the cardboard to earn throughout the program.

There are various redemption alternatives throughout the Bilt Rewards program. You may switch factors to Bilt’s loyalty companions; ebook journey with airways and lodges via Bilt’s journey portal; store from Bilt’s curated artwork, house decor and way of life assortment; store with Amazon; pay for health courses; and extra.

Tips on how to earn Bilt Rewards factors

Here is the very first thing to know: You do not essentially must have the Bilt Mastercard or pay hire to earn Bilt factors. There are eight main methods to earn Bilt factors.

Earn Bilt factors by paying hire

You may earn 250 factors per on-time hire fee at Bilt Rewards Alliance properties when making an automatic clearinghouse fee or utilizing a non-Bilt card. Which means you’ll be able to earn as much as 3,000 factors per yr, which we worth at $61.50 per TPG’s October 2024 valuations.

Alternatively, you’ll be able to earn 1 level per greenback spent on hire at any house (as much as 100,000 factors per calendar yr) by paying your hire with the Bilt Mastercard. You may pay your hire along 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 straight mail your landlord a hire examine every month, permitting you to earn factors on hire with out incurring any further transaction charges.

Earn Bilt factors with the Bilt Mastercard

Talking of the Bilt Mastercard, it affords 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 calendar yr)
• 1 level per greenback spent on different purchases

You need to use your card no less than 5 occasions throughout every assertion interval to earn factors (see rewards and advantages).

There’s a complete suite of spectacular perks for this no-annual-fee card (see charges and charges), together with complimentary Mobile Phone Safety, Journey Cancellation and Interruption Safety, and No Overseas Foreign money Conversion Charges (see charges and charges). You don’t want to pay hire to use for the Bilt Mastercard.

Associated: Do you have to use the Bilt Mastercard? We crunch the numbers

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 Specific 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 come along with what you earn along with your bank card. For instance, in case you pay along with your Bilt Mastercard, you will earn 3 further factors per greenback spent, 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 isn’t 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, the place you’ll be able to earn factors on flights, lodge stays, automotive leases and issues to do. As a Bilt member, you earn 1 level per greenback spent on journey booked via the portal.

As a Bilt Mastercard holder, you earn 2 factors per greenback spent on journey booked via the portal and a couple of further 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 may earn 2,500 factors every time you refer a good friend to the Bilt Mastercard, on as much as 50 whole referrals. For each 5 referrals, you earn 10,000 bonus factors. You may refer buddies 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. Whenever you pay on your journey with the Bilt Mastercard, you will additionally obtain a further 3 Bilt factors per greenback spent. For many, Bilt Rewards is the greatest Lyft reward companion.

Earn Bilt factors with SoulCycle

You may earn as much as 10 factors per greenback spent on SoulCycle courses booked via the Bilt app. See rewards and advantages.

Earn Bilt factors by enjoying the Lease Free recreation

Bilt affords a recreation show-style alternative for members to earn additional factors on Bilt Lease Day (the primary of the month): Lease Free.

Lease Free is ready up like “Household Feud,” with a brand new creator or persona enjoying the sport every month. As a Bilt member, you’ll be able to earn factors with Lease Free once you decide a prime three reply, once you accurately rank that reply (double factors) and when the superstar visitor picks the identical reply as you (triple factors).

On prime of incomes factors, the ten top-scoring gamers will win free hire for a month (as much as $2,500); the following 600 top-scoring members will get Bilt factors. For those who tie, the tie will likely be damaged primarily based on who performed the sport first.

Elite standing via Bilt Rewards

Bilt affords 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 throughout the Bilt ecosystem.

Whilst you will not earn fast-track standing on hire spending, you’ll be able to earn it via SoulCycle courses 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 companion and bookings made through Bilt’s journey portal.

Here is a fast overview:

Your member standing relies on the overall factors earned in a calendar yr. You may obtain the upper of the 2 statuses via qualifying factors or through spending on the fast-track standing path.

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

Bilt Platinum members can apply for an Air France-KLM Flying Blue standing match

Bilt Platinum members can obtain 12 months of Flying Blue Gold standing. To activate this standing match, members should go to the Bilt app and choose “Elite Standing Match.” Then, members should switch 10,000 Bilt factors to Flying Blue to formally activate their Gold standing. Fortunately, the ten,000 factors can be utilized towards a future Air France-KLM award flight.

After requesting standing, it might take as much as three enterprise days on your Flying Blue Gold standing to change into formally lively.

Flying Blue Gold standing will give Bilt members further airline perks and qualify them for SkyTeam Elite Plus.

Study extra about particular Flying Blue Gold standing perks on Flying Blue’s tier advantages web page and the added advantages of getting SkyTeam Elite Plus standing on SkyTeam’s FAQ.

Associated: Tips on how to 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 will probably wish to keep away from a few of these much less worthwhile redemption choices.

Use factors for Amazon purchases

You may choose your Bilt Mastercard on Amazon as a fee technique 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 manner. For instance, you will want roughly 14,300 Bilt factors to cowl a $100 Amazon buy. Evaluate that to TPG’s October 2024 potential estimated worth of two.05 cents per Bilt level, and it isn’t essentially the most effective deal.

Store the Bilt Assortment

The Bilt Assortment is a curated record of things, together with artwork, house decor and attire. The worth per level will differ, however because it hardly ever exceeds greater than 1 cent per level, it is best to probably go on this selection.

Redeem your factors for health courses

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

Pay your hire with factors

A doubtlessly engaging possibility along with your factors is to avoid wasting them to assist cowl your subsequent hire fee. Nevertheless, that is solely obtainable in case you reside in a Bilt Rewards Alliance property or go for examine funds. Even worse, the redemption worth is simply 0.55 cents per level.

Associated: Methods faculty college students can meet bank card minimal spending necessities

Redeeming your Bilt Rewards factors: Medium-value choices

The next redemption choices will get you an honest worth with a redemption price of no less than 1 cent per level.

Use your factors to avoid wasting up for a down fee on a house

Bilt affords the distinctive skill for customers to avoid wasting up their factors towards a down fee on a house. For those who go for this route, your Bilt factors are valued at 1.5 cents every towards a down fee.

Redeem for journey on the Bilt journey portal

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

Transferring to airline and lodge companions: Greatest worth

Nothing beats the outsize worth of transferring your factors to Bilt’s 18 airline and lodge companions.

In October, Bilt Rewards expanded its portfolio of switch companions by including international lodge large Accor and TAP Air Portugal.

It is price noting that whereas Bilt Rewards was the one transferable factors program to supply American Airways AAdvantage as a switch companion, this partnership formally ended June 24.

Nonetheless, this system has a number of worthwhile switch companions to maximise your Bilt factors.

It is free to hitch these loyalty applications, even in case you’ve by no means flown the airline or stayed with the lodge 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 way more — and rating a lie-flat airplane seat or an expensive lodge keep by transferring your Bilt factors to the precise applications.

**TPG has not but examined transferring Bilt factors to Accor Reside Limitless, Alaska Airways, Hilton Honors and TAP Miles&Go.

Bilt Rewards has traditionally supplied a few of the greatest 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, in addition to as much as a 100% switch bonus to Alaska Mileage Plan for July 2024 Lease Day.

Moreover, Bilt has additionally supplied a 100% switch bonus to Flying Blue.

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

Associated: One of the best airline award chart candy spots

Backside line

Bilt Rewards presents an distinctive worth proposition for each renters and nonrenters. Bilt has established partnerships with a few of the extra profitable airline and lodge loyalty applications, enabling you to extract extraordinary worth out of your factors. Your factors switch seamlessly at a simple 1:1 ratio (besides when transferring to Accor), and most applications course of the transfers immediately.

Even in case you aren’t renting or do not wish to apply for the Bilt Mastercard, you’ll be able to earn a number of 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.