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Earn Bilt Rewards on Lyft rides now
You can now earn Bilt Rewards every time you take a Lyft ride and you don’t even need the Bilt Rewards credit card! You just simply link your Lyft account to Bilt Rewards and select as as the point program you’d like to earn points with; however, if you do have the Bilt Rewards credit card you’d earn an additional 3x for a total of 5x.
- 2x for Bilt Rewards Members ( just link your account )
- additional 3x for Bilt Rewards Masterdcard Holders for a total of 5x
Regardless of the credit card you use to pay, I think it makes sense for most people to select Bilt Rewards when riding Lyft is a no brainer compared to earning Delta, Hilton, or Alaskan miles ( although these are very valuable, but it’s a smaller program and less valuable to most people comparably).
Why?
Remember, Bilt Rewards is a partner of Hyatt, United, American and more so you’re effectively earning those points should you wish to convert Bilt Rewards into them. Let’s take a look at this new feature of the program.
How do I link my Lyft account to Bilt Rewards?
In the Lyft app, you’d go to settings and Rewards, and select Bilt Rewards. You’ll prompted to login to your Bilt Rewards account
Selecting a Lyft partner to earn Rewards with
You can only select one partner to earn points with + you’d earn credit card points as well – so there are two options to earn rewards…the partner and the credit card you use to pay. Here are the choices
- 1x Delta
- 2x Alaska
- 2x Bilt
- 3x Hilton
Delta and Hilton are worth the least…fewer than a penny a point mostly. Alaska miles are very valuable, but most people don’t have them or earn them, and the roundup from Lyft rides isn’t going to make a difference one way or another on future redemptions. Earning Bilt Rewards where you can tranfser them into programs like Hyatt, American, or United makes a difference if you need an extra 1000 points to hit a redemption.
Credit Cards that offer a bonus
Depending on which card you have, you can earn an additional bonus on your Lyft rides. For instance, if you have the Bilt Rewards Mastercard you could earn 5x total points on your Lyft rides, but if you have the Chase Sapphire Preferred, Ink Business Preferred, or Chase Sapphire Reserve, you could theoretically earn Bilt Rewards and Chase Ultimate Rewards…that is unreal.
- 3x Bilt Rewards Mastercard
- 5x
- 10x
The Bilt Rewards Mastercard is the only card that earn Points on rent without the transaction fee Terms and conditions . It’s the only 1:1 program where you can transfer points to both American and United!
A complete no brainer for renters in the USA
Welcome Offer
None
Annual Fee
$0
Points Earned
Bilt Rewards
Finally you can earn points on one of your biggest monthly expenses, RENT, without any processing fees Terms and Conditions. Just make sure you make 5 non-rent transactions every month, no minimum purchase, to earn points.
Bilt Rewards has a great list of transfer partners and will mail your landlord a check, process via ACH, Paypal, or Venmo.
Bilt “Rent Day”
- on the first of every month, all non-rent expenses earn double points.
- 0 Annual fee
- 1x on rent
- 2x on travel
- booked direct with airlines, hotels, cruises, or car rentals
- 3x on dining
- this includes delivery like Grubhub, Uber Eats, etc
- Transfer points 1:1 to over a dozen partners, including American, United, and Hyatt
- Redeem points for Rent, Mortgage Downpayment, Amazon
- Redeem at 1.25c in the Bilt Rewards Travel Center (powered by Expedia)
- Mastercard World Elite benefits
- Mobile Phone Insurance
- Primary Rental Car Coverage
Some people have received targeted 10k sign up bonuses, but those are few and far between
We keep an up to date spreadsheet that lists what the highest offers: You can find that spreadsheet here.
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.
What can I do with Bilt Rewards?
You can redeem them for 1.25c in the Bilt Rewards travel portal, redeem toward rent, a future downpayment on a mortgage, or at Amazon. Personally, I think transferring them to partners is the best use and how I’ve used Bilt Rewards in the past to stay at the Park Hyatt New York or the Thompson New York
What will I do?
I will 100% be crediting all of my Lyft Rides to Bilt Rewards, and when I’m taking Lyft for business I”ll pay with my Chase Ink Business Preferred, and then personally I’ll use my Bilt Rewards Mastercard since I no longer have a Chase Sapphire Preferred or Chase Sapphire Reserve ( dropped that several years ago).
If you have a Chase Sapphire Reserve, earning 10x is a no brainer and I’d say pay with that card. The difference between 5x and 3x ( CSP vs Bilt Rewards Mastercard ) comes down to which point currency you have less of and value more. The ability to transfer to American alongside Hyatt and United may make it more worthwhile to you to pay with the Bilt Rewardes Mastercard and earn 3x vs paying with the Chase Sapphire Preferred and earnining 5x.
Chase Sapphire Preferred® Card
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.
Welcome Offer
60k Points after $4k spend in 3 months
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
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.
- 3x on dining
- including eligible delivery services for takeout
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- 5x on all travel purchased through Chase Ultimate Rewards – Chase Travel Portal
- $50 Annual Credit on hotel stays purchased via Ultimate Rewards/Chase Travel
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 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 Portal and the slew of other benefits remain in tact including primary rental car insurance, purchase protections, etc.
- Points are transferrable to 13 Ultimate Rewards partners
- Redeem in the Chase Travel center for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Primary rental car coverage is my favorite
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.
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