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Bilt Rewards is a unique program that lets you earn points for paying rent with a credit card without oppressive service charges.
It’s a revolutionary thought: Rent is by far the largest monthly expense for many of us. And the rewards you earn can be used to offset rent costs or converted into valuable airline miles and hotel points to help you knock off bucket-list travel that might otherwise be unattainable. The Bilt app has even integrated with award booking service Point.me to help you book travel with as little brainpower as possible.
Bilt Rent Day is an ongoing promotion that occurs on the first day of each month. It’s a varying collection of fun offers that often give you the ability to earn bonus points, get exclusive transfer bonuses to valuable airline and hotel partners, receive big discounts on cruises, and more.
February’s Rent Day is Hawaii-themed, with a transfer bonus to Hawaiian Airlines and the chance to win a round-trip flight to Hawaii (or a free month of rent). You’ll also get the usual promotions, such as double points when you use the Bilt Mastercard® for non-rent purchases and SoulCycle discounts (though this month’s SoulCycle promo has an incredible addition potentially worth thousands of dollars).
Insider’s Featured Rewards Credit Cards
Earn unlimited 3x points on restaurants, travel, gas stations, transit, popular streaming services and phone plans. Earn 1x points on other purchases.
20,000 bonus points when you spend $1,000 in purchases in the first three months from account opening
Earn 3x ThankYou® points on restaurant, supermarket, gas station, air travel, and hotel purchases. Earn 1x ThankYou® points on all other purchases.
60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first three months of account opening
Earn 5x points on all travel purchased through Chase Ultimate Rewards. Earn 3x points on dining, including eligible delivery services, takeout, and dining out. Earn 3x points on select streaming services. Earn 3x points on online grocery purchases (excluding Target, Walmart, and wholesale clubs). Earn 2x points on other travel. Earn 1x point per dollar on everything else.
60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening
We’re focused here on the rewards and perks that come with each card. These cards won’t be worth it if you’re paying interest or late fees. When using a credit card, it’s important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.
Win a round-trip flight to Hawaii with Bilt Rent Day
Rewards
Earn 3X point on dining. Earn 2X point on travel (when booked directly with an airline, hotel, car rental or cruise company). Earn 1X points on rent payments (up to $50,000 each year). Earn points when you make 5 transactions that post each statement period.
Rewards
Earn 3X point on dining. Earn 2X point on travel (when booked directly with an airline, hotel, car rental or cruise company). Earn 1X points on rent payments (up to $50,000 each year). Earn points when you make 5 transactions that post each statement period.
Details
Rewards
Earn 3X point on dining. Earn 2X point on travel (when booked directly with an airline, hotel, car rental or cruise company). Earn 1X points on rent payments (up to $50,000 each year). Earn points when you make 5 transactions that post each statement period.
Recommended Credit
Good to Excellent
Regular Annual Percentage Rate (APR)
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Bilt is giving round-trip flights to five winners of its Rent Day Challenge — a riddle you’ll find inside the Bilt app on February 1. Winners will also receive a round-trip ticket for a travel buddy.
The Rent Day Challenge usually only awards three winners per month with free rent (which we’ll cover later). In other words, there will be eight winners this month instead of three.
This challenge is open to Bilt members and non-members. To enter the challenge, you’ll need to solve the riddle inside the Bilt app on February 1 and then submit your answer here. You can follow @BiltRewards on Instagram for clues.
100% transfer bonus to Hawaiian Airlines
Bilt offers perhaps the most useful mix of transfer partners in the travel world. You’ll get a 1:1 transfer ratio with 14 airlines and hotel programs:
On February 1, 2023, the transfer ratio will become 1:2 when transferring points to Hawaiian Airlines. Whether this is a good deal depends on how you value your points. Here are Insider’s valuations:
That means you’ll get an average of 2 cents per Bilt point when you use this 100% transfer bonus — a significantly better value than the estimated average.
Plus, you can get quite a bit more value from your points if you know the best ways to use Hawaiian Airlines miles. For example, you can fly in lie-flat business class seats from the West Coast to Hawaii for 40,000 miles one-way. This ticket routinely costs more than $1,300 in cash, giving you a value of more than 3 cents per mile.
Earn double points on non-rent purchases
On the first day of each month, the Bilt Mastercard® will earn twice its normal rate for non-rent purchases. Here’s what you’ll earn:
- 6 points per dollar on dining (regularly 3 points per dollar)
- 4 points per dollar on travel (regularly 2 points per dollar)
- 2 points per dollar on all other purchases (regularly 1 point per dollar)
Once you earn a total of 10,000 points across all spending categories during Rent Day, your card will revert back to the normal earning rates. To be clear, your rent payment will not be bonused. Rent will continue to earn 1 point per dollar with the Bilt Mastercard®.
One important note: You must use your Bilt Mastercard® at least five times each statement period to be eligible for this promotion.
While Bilt unveils unique offerings each month, there are a couple of promotions that always appear.
Rent giveaway
Bilt is giving away a free month of rent to three participants (both member and non-member) of their monthly Rent Day Riddle which exists within the Bilt app. You must participate on February 1, 2023. You can follow @BiltRewards on Instagram for more clues to the answer.
Winners will be announced on February 3.
Point Quest
Bilt conducts a virtual trivia game called Bilt Point Quest. This lives in the Bilt Rewards app, and will appear on February 1. You can answer five questions for a chance to win 50 points each. If you answer all five questions correctly, you get the chance to answer a sixth question worth 100 points.
SoulCycle promotion (and a free month of rent!)
On the first day of each month, Bilt Rewards members can book a “Rent Day, Ride Together” SoulCycle class — giving you the opportunity to book a free bike for a friend when you make a reservation for yourself. 56 SoulCycle locations participate in this promotion.
You can reserve your friend’s bike for free via the SoulCycle app, the Bilt Rewards app, or Soul-Cycle.com.
And new this month is that one rider and their guest attending a Rent Day Ride will both get a month of rent paid for by Bilt — so don’t take your roommate!
What to know about Bilt Rewards Rent Day
Bilt Rewards continues to stand out with its excellent travel partner lineup and fun promotions each month. February’s Rent Day comes with a massive transfer bonus to Hawaiian Airlines (though not one of the better Bilt Rewards travel partners), free round-trip travel to Hawaii, and more folks than ever receiving a month of free rent, Bilt’s monthly promotion continues to crescendo.
And remember, Bilt has a referral program. You’ll earn 2,500 Bilt points per friend you refer to the Bilt Mastercard® — and 10,000 bonus points after successfully referring five members. You can earn up to 2,025,000 points from referrals. You don’t even need to have the card.
