Credit Cards News

Bilt and American end relationship 6/24/24

an airplane at an airport

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Update to the post below: The official date will be 6/24/24 – so if you’re looking to move American Miles, do it before then!

According to View From the Wing ( I’m an advisor to Bilt but this was news to me ) American Airlines will no longer be a Bilt Rewards transfer partner come June of this year. It’s been roughly 3 years since Bilt and American first partnered and Bilt is the only program to have American Airlines as a transfer partner so this is definitely a loss, but AA has never participated in the massive Bilt transfer bonuses that Bilt has become so famous for…so I’m not sure it’s a massive loss outside of great marketing that they’re the only loyalty brand with AA as a partner.

It should be noted that Citi Thank You briefly ( in 2021 I believe ) allowed transfers to AA which makes sense seeing as though Citi has cobranded American products. It’s widely speculated that Citi is debuting a “Strata” card later this year so maybe, and this is complete speculation, that card will have AA partners and they wanted the exclusive. Who knows…all we know if Bilt will no longer have it come June.

Here is the quote given to Gary Leff when he caught wind of this news from Bilt:

Bilt and American have agreed to wind down our partnership beginning in June. We appreciate everything we’ve been able to accomplish together since Bilt’s launch in 2021.

What are the current Bilt Rewards partners?

  • British Airways, Iberia, and Cathaya group of logos on a white background

What’s the history of Bilt Rent Day bonuses?

This has been one of the greatest perks of Bilt Rewards – these incredible Rent Day promotions ( which AA hasn’t really participated ).

  • November 2022
    • United status trial and challenge
  • December 2022:
    • 100% transfer bonuses to IHG
  • January 2023
    • Bonus points with Trivia
  • February 2023
    • 100% transfer bonus to Hawaiian
  • March 2023
    • Points worth 50% more with Amazon
  • April 2023
    • Hyatt Trial Status and Challenge,
      • Explorist and pathway to Globalist in 20 nights
  • May 2023
    • 100% transfer bonus to Flying Blue
  • June 2023
    • 100k Bilt Rewards prize, R/T Virgin Upper Class and Emirate Biz tix
  • July 2023
    • $10 to $20 Lyft Credits ( $10 for all Bilt Rewards members and $20 for Bilt Rewards credit cardholders )
  • August 2023
    • 75% to 150% transfer bonus to Virgin Atlantic/Virgin Red
      • 75% standard
      • 100% silver
      • 125% gold
      • 150% platinum
  • September 2023
    • One rider in each SoulCycle class will get a month’s rent – up to $2500
      • All Rent Day Riders are eligible
    • You can book your bike, starting today!
      • 10 bikes are available per class
  • October 2023
    • 5x on Sports Tickets
    • Use points to book NFL Suites and Tickets
  • November 2023
    • 75% to 150% transfer bonus to Emirates SkyWards
      • 75% standard
      • 100% silver
      • 125% gold
      • 150% platinum
  • December 2023
    • 2x shopping
    • 10x Bilt Dining
  • January 2024
    • 75% to 150% transfer bonus to Virgin, Air France/KLM Flying Blue, and IHG One Rewards
      • 75% standard
      • 100% silver
      • 125% gold
      • 150% platinum
  • February 2024
    • 75% to 150% transfer bonus to Air Canada, Aeroplan
      • 75% standard
      • 100% silver
      • 125% gold
      • 150% platinum
    • 50% more value with Amazon
    • $5 Lyft Credit

Overall

Yes, this is a loss to the program, but with the massive transfer bonuses to a litany of other programs, I don’t know how many people were actually taking advantage of the partnership vs it was really cool to have the option. Sunny side, we have until June ( date is currently unknown ) to transfer Bilt points over to AA should you want to.

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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Chase Sapphire Preferred® Card


4.8
4.8/5
The Chase Sapphire Preferred® is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based including Hyatt, Southwest, United, IHG, and Marriott.

Welcome Offer

Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. 

*you may find an elevated offer walking into a branch – see below

Annual Fee

$95

Points Earned

Transferrable Chase Ultimate Rewards

  • Earn 75,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
    • That’s $750 when you redeem through Chase Travel℠
    • Some people have seen Chase branches offering the following:
      • 75k Ultimate Rewards After $4k spend in 3 months + 10k Ultimate Rewards after $6k in 6 months 
  • 5x on all travel purchased through Chase Travel℠
  • 3x on dining, including eligible delivery services for takeout & dining out
  • 3x on select streaming services
  • 3x on online grocery purchases
    • (excluding Target, Walmart and wholesale clubs)
  • $50 Annual Chase Travel Hotel Credit via Chase Travel℠
    • The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
  • 2x on all other travel
  • 10% Anniversary Bonus
    • Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
  • Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
  • Points are transferrable to 14 Ultimate Rewards partners
  • Redeem in Chase Travel℠ for 1.25 cents per point
  • No foreign transaction fees
  • Suite of Travel and Purchase Coverage
    • Auto Rental Collision Damage Waiver is my favorite
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024
  • $95 Annual Fee

We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.

Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.

Main Cast: 

Cards that earn flexible points and should be used on the bulk of your purchases.

Supporting Cast:

Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on. 

The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.

If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex℠and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners

Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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