Credit Cards

Bilt Rewards Full Review – earn up to 100k points per year on rent without the transaction fee

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Bilt Rewards Full Review

Bilt Rewards has made it possible to earn points paying your rent. Not just any points – these bad boys will transfer to both United and American Airlines as well as Hyatt, IHG, Turkish, and in September they folded in British Airways, Iberia, and Aer Lingus. The list of transfer partners is fantastic, and in 2022, I became a Bilt Rewards senior advisor and the program has continued to impress and impress.

But, you don’t have to have the credit card to earn points via Bilt Rewards, so let’s dig into the program from soup to nuts.

How do I earn points with Bilt Rewards?

You can earn Bilt Rewards via multiple avenues, one being paying rent via the Bilt Rewards Alliance, paying rent via the Bilt Rewards Mastercard, but also

Pay your rent via the Bilt Rewards App as an alliance partner

  • The first, using their app to pay rent within their Bilt Alliance network.  They have partnerships with over 2 million properties across the country. If your building is a part of it, it’s super easy and streamlined. You would simply onboard via the property owner’s rent portal, or via Bilt’s app. You could then have you rent processed and you’d earn points on your rent to the tune of 250 points per month.

How does paying rent with Bilt Rewards Mastercard work?

This is a gamechanger.

You can use their no annual fee Bilt Rewards Mastercard Elite to pay your rent and earn points without paying any transaction fees. I’m not talking just within the alliance, but literally any landlord, anywhere in the United States, and setting up your account is super easy. You submit your lease documents in the portal

Before you ask…I know what you’re going to say: My landlord doesn’t accept credit card.

Easy peasy! If they don’t accept credit card…

  • Bilt will mail your landlord a check.
  • They even set it up so that you can use the Bilt Rewards Mastercard to pay via ACH, Venmo, or PayPal

How does the Bilt Rewards Mastercard earn points?

The biggest caveat is you need to make 5 non-rent transactions every month. As long as you do that, you’ll earn your points on rent and at the following rates without any annual fee

  • 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 )

My Referral Link

I’m a Senior Advisor and Investor in the Company


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


Annual Fee


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. 

How many points can I earn every year on rent? 100k

Bilt quietly increased their their yearly max from 50k to 100k in April of 2023 – you can see it noted below

Bilt Rewards “Rent Day” earns double points on everything except rent

Each month, on the 1st, Bilt Rewards will double all of the points you earn that day. So the normal 3x dining, 2x travel, and 1x everywhere else, becomes 6x, 4x, and 2x respectively. This doesn’t include rent or the limited time 3x gas promo, but it’s a darn good deal. It does max out a 10k each rent day, but if you’re planning a fancy dinner or to book plane tickets/hotels, but those tickets, or check out of a hotel on the 1st lol.

2for1 Soul Cycle

Book a “Rent Day” class and get a 2nd bike free – you’ll also get 10x points.

Bilt Rewards Rent Day Soul Cycle 2for1
Bilt Rewards Rent Day Soul Cycle 2for1I did a sample trip in November in an XL Sea Terrace.  You can see the 50% off is taken from the original pricing, knocking the $5500 cruise down to $3k.

Bilt Dining earns an additional 5x on points

In April of 2023, Bilt introduced a Bilt Dining Program that earns an additional 5x points if you eat at restaurants participating in the program. This works in a similar way to any other dining portal, except you’re earning 5x Bilt Rewards instead of AA, United, Alaska, etc. You can pay with any card, but if you currently have the Bilt Rewards Mastercard, it’ll be automatically added. Everything works behind the scenes, so you don’t pay with the app, you just use your credit card as your normally would, and you’ll receive your 5x points in 7 or so days. This is incredible and if you have the Bilt Rewards Mastercard you’ll earn your 3x dining on top of the 3x, and on Rent Days, earn 6x bonus…that’s 11x on Rent Day at participating restaurants

It’s first rollout was in NYC, Boston, Dallas, Atlanta, and Chicago – when you select a city, as shown below, you’ll see a bunch of restaurants that are included. When you dine at them, you’ll get credited for not only the points on your credit card, but also the 5x Bilt Rewards via Bilt Dining.

How do I load my card?

Under the dining section in the Bilt Rewards App…you’ll see the Bilt Wallet. If you have the Bilt Rewards Mastercard you’ll find your card already loaded. If you don’t, you can load any credit or debit card and then when you use it at a participating restaurants, you’ll earn your credit card points + 5x Bilt Rewards. It’s that simple.


Bilt Rewards Referral program – you don’t need the Bilt Rewards Mastercard to refer

As long as you have a Bilt Rewards account, you don’t need the credit card to refer people to the credit, you can refer bonuses. It’s pretty easy: just go to Invite in the top right corner of the homepage on the app, create a link, and you can refer. Just note that you will receive a 1099 on the points you earn.

  • 2500 per referral
  • 10k bonus after 5 referrals
  • Capped at 2,025,000 points ( 450 referrals )

Extra benefits of the Bilt Rewards Mastercard: free mobile phone insurance + Primary car rental insurance

Cell phone protection

  • $800 benefit with a $25 deductible
    • 2 claims in any 12 month rolling period
    • doesn’t cover phones that are lost, I.e. disappear without explanation
    • bill must be paid by the Bilt Rewards Mastercard

Auto Rental Collision Damage Waiver

  • Auto Rental Collision Damage Waiver reimburses You for damages caused by theft or collision — up to the Actual Cash Value of most rented cars. Auto Rental Collision Damage Waiver covers no other type of loss. For example, in the event of a collision involving Your rented vehicle, damage to any other driver’s car or the injury of anyone or anything is not covered. Rental periods of thirty-one (31) consecutive days are covered. (Longer rental periods, however, are not covered.)
  • Go here to see exclusions and more details



Earn more points with BILT Status via interest on points

BILT established 3 tiers of status that is based off of how many points you earn in a year. Additionally, you’ll earn interest in the form of points, based on your point balance. This is akin to the Chase Sapphire Preferred giving out a 10% bonus on points earned each year, but this is based on your total balance and will yield a rate akin to the national savings rate. A very nominal rate of return, but something is better than nothing.

  • Blue – anyone enrolled in Bilt Rewards with under 25,000 points
  • Silver – 25,000 points earned
  • Gold – 50,000 points earned
  • Platinum – 100,000 points earned


How can I use my Bilt Rewards?

There are multiple ways you can actually redeem your Bilt Rewards, but my favorite is transferring them to partners. Bilt has an incredible list of transfer partners and is the only program with both American and United as 1:1 transfer partners. Add in Hyatt and Bilt Rewards are arguably one of the most valuable point currencies out there.

Bilt Rewards Transfer Partners – Only program with 1:1 transfer with American and United

BILT has a great list of transfer partners, and the IHG addition is nice, but honestly I’d never transfer to IHG from BILT. The partners like American or Hyatt are FAR, FAR, more valuable especially with IHG points often being on sale for 1/2 a penny a point.

You can also redeem for 1.25c in the Bilt Rewards Travel Portal powered by Expedia

If you don’t want to transfer them to their transfer partners, you can redeem at 1.25c in the Bilt Rewards Travel Portal, powered by Expedia.

  • Airlines
  • Hotels
  • Cruises
  • Theme Parks

A quick example

Redeem on a mortgage with Bilt Homes:

See what you could afford mortgage wise + use points for a down payment

Bilt Homes takes a member’s monthly rent payment and instantly shows them homes they can own for an equal monthly mortgage payment. The feature automatically factors in real-time interest rates, taxes, income, credit profile, and other personal data to determine mortgage qualification. Members can then use their Bilt points to help cover any downpayment and closing costs required to switch from renting to home ownership. 


 Bilt’s Homeownership Concierge (Gold, Platinum)

This is a service that Gold and Platinum members can use when redeeming Bilt Rewards for a downpayment. A concierge will walk people through the process.

Bonus Points on New Leases or Renewals (Silver, Gold, Platinum)

Depending on your member status, you can get up to 50% bonus when you sign a new lease or renew

Complimentary Bilt Collection Gift (Platinum)

If you hit Platinum status Bilt will send you a piece of art, home decor, etc.

What are some great ways to use Bilt Rewards?

Bilt Rewards has a fantastic list of transfer partners that you can access whether you have the credit card or not. Let’s take a look at a few of them.


I’ve used points to stay at the feature image the Alila Villas Uluwatu for 30k points per night. It’s base room is a large villa with a private pool overlooking the cliffs of Bali. I mean can we say aspirational?

British Airways Avios

As I mentioned, you can link your account to Qatar Airways Avios. By doing this, your BA Avios populate in both your BA account and your Qatar Airways account and you can take advantage of some better pricing. For instance, you can book most routes from the US through Doha to the Maldives for just 85k Avios. That’s an outrageously good deal – a little tip for finding award avail is to look 10 months into the future, or within a couple weeks of departure for a last minute trip


Fly business class from the US to Europe or South America for 60k miles. You could make that if you maxed out your rent and renewed your lease. Pretty awesome.


One of the blogger favorites, you could use this program to fly to Europe in business class for just 45k miles.

American Airlines

One of the suite spots of AA is flying to Japan. You can fly in business class for 60k and first class for 85k. Japan Airlines has a phenomenal first class that would be well worth a redemption. Just don’t do this…but you can read our review.

Does the Bilt Rewards Mastercard make sense for you?

If you’re a renter…I think BILT is a no brainer.

Most people don’t earn any points on one of their biggest expenses…rent.

If you’re not a renter…perhaps it won’t be as intriguing a proposition if you’re already in the Chase, Amex, Citi, Cap1 ecosystem.

However…I just moved from LA where rent is astronomical and let’s just use it as an example. I know, it’s a high end market so the points will be inflated, but I think it shows how many points are being left on the table for big city renters.

  1. Los Angeles with $2000 a month rent, $1000 a month on food, and $1000 a year on travel with 5 transactions a month
    • $2k x 12 = 24k points a year
    • $1k x 12 x 3 = 36k points a year
    • $1k x 2 = 2k points a year
    • In total you’d be earning 62k points per year and paying no annual fee

You’d end the year with Gold status, meaning if you renewed or signed a lease you’d get a 25% bonus, or another 15k points, ending the year with somewhere around 77k points. Now…if you had a Chase Sapphire Preferred, you’d earn 3x on the dining and let’s just say you booked all your travel via Chase Travel you’d earn 5x on that $1k. You’d earn 41k Chase Ultimate Rewards vs 77k Bilt Rewards. Could you keep both cards? Of course, but for a renter in a big city, this could end up being a really powerful card to keep in your wallet for the rental earn alone.

If you rent…this is a complete no brainer.


 Affiliate link via Card Ratings

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


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. 


  • Nicole May 3, 2023

    Incredible card benefits for renters. They make it so easy to set up autopay for monthly rent payments, and there are no fees to do it. Bilt also continues to improve every aspect of the card experience with “Rent Day” and additional partnerships for more opportunities to gain points. Card quality is also great, it’s a very solid black metal card.

    Feel free to use my referral link:

  • […] a dining program that earns 5x on all participating restaurants and you don’t even need the Bilt Rewards Mastercard to participate. It’s been rolled out in a handful of cities and here’s how it […]

  • […] Bilt Rewards Mastercard – our favorite card for rent […]

  • David April 13, 2023

    It really is a great card. And the increase to 100K/year will be very helpful for those paying rent above ~$4K / month rent in higher-priced cities. If you’re considering signing up I would very much appreciate it if you could use my referral link!!!

  • Sharon Fitz April 5, 2023

    I understand Bilt Mastercard can also be used to pay HOA fees and Condo association fees. Are these fees paid via the same method as rent…pay on the condo association website? Is it possible to pay two, three or four months rent in one month…thereby reducing the number of payments/year?
    Last week I applied for and was approved for a Chase personal credit card. How long should I wait to apply for the Bilt? Don’t want to risk a hard pull if Bilt has rules regarding number of credit applications allowed with a specified period of time.

    • Miles April 5, 2023

      Hey Sharon – You can use the Bilt Rewards Mastercard to pay HOA and Condo fees, but if there are any surcharges they wouldn’t be waived. Only Rent Payments processed within the Bilt Rewards Portal are without any processing fees. In regards to processing more than a single month’s rent at a time, I’m not sure. I haven’t had that question asked before – I can reach out and see what they say. In terms of getting it within x amount of days/weeks of another issuer’s card, Wells Fargo doesn’t have a hard and fast rule – you can’t get two Wells cards within 15 months though. That has been the only feedback I’ve gotten from people is that they weren’t approved despite having solid income and credit score and a reason wasn’t given aside from denial.

  • John February 13, 2023

    This a no brainier for renters. If you use my link, thank you!:

  • Suyash January 29, 2023

    I love how this card can transfer to both American and Hyatt. Please feel free to use my referral link!:

  • Elissa January 2, 2023

    I was a bit skeptical about this card because it seemed too good to be true, but it’s really not! Getting points on my NYC rent, which is my highest monthly cost, is such a game-changer. Please feel free to use my referral link if you’re interested in the card!

  • JP August 25, 2022

    If they can cut a check for rent why can’t they cut a check to pay a mortgage payment?

  • NK August 17, 2022

    This card is awesome! I strongly recommend to renters.Please feel free to use my referral link:

  • Isam July 7, 2022

    this is a brilliant card. please use my referral link!

  • Ethan May 21, 2022

    Please consider using my referral link when you decide to apply for this amazing no-fee card. It’s a no-brainer for those who pay rent monthly. Thanks!

  • Jamie May 13, 2022

    This card has taken a lot of pain out of paying crazy NYC rent! Plus I’ve gotten free solidcore classes 🙂 Feel free to use my referral

    They also give you bonus points (I got 1,100!) for linking your airline accounts on the app. 🙂

  • […] Branson’s new private island, Moskito, for the launch of the Bilt Rewards program last October. Bilt is a fantastic program that is really beneficial to renters since it allows you to pay rent via a credit card, earn […]

  • Fabian April 3, 2022

    Does mortgage payments count?

    • Ethan May 21, 2022

      Unfortunately no, not right now.

  • Ingrid March 28, 2022

    Feel free to use my referral link:

    Have a great day!

  • […] March has seen the end of the Capital One Venture X opening offer, some new United 120k offers drop, and starting March 28th, Bilt Rewards, the first credit card to earn points and facilitate fee free rent payments went live to the public. I had the opportunity to meet with the executive team last year and they impressed me so much that, in full disclosure, I agreed to partner as a senior advisor and even invest in the company. If you’re currently renting, it’s a no brainer and I’d suggest reading more about it here. […]

  • Chris W March 28, 2022

    Apply for an American Express Card with this link. We can both get rewarded if you’re approved!

    Your friend can earn:
    Membership Rewards® points after they use their new Card to make $4,000 in purchases within their first 6 months of Card Membership. Plus, for a limited time if they apply for this Card by 06/08, they can receive 20% back as a statement credit on purchases made at restaurants worldwide up to $250 back during the first 12 months of Card Membership. Terms Apply. Your friend will be able to choose from all available American Express personal and business Cards, including the Rose Gold color option. You can receive your referral bonus no matter what card your friend is approved for.

  • Jerry March 28, 2022

    Permutation: does “assisted living homes” count as rent?? It’s structured like a rental…

  • […] The credit card still isn’t open to the public, but hopefully will be soon. Once it’s publicly available we will have links that will make applying easy as cake. You’ll earn points on your rent as long as you make 5 non rent transactions every month. You can read all about the card here […]

  • Aj November 12, 2021

    I just got this card about a month ago and made two rent payments on it. Already at 19k points. You also earn 2x points in first 30 days of card opening, not on rent but everything else. It’s a very nice metal card.

  • 3xMommo September 22, 2021

    How much are you paying for a fee to pay your rent with the card? Thanks.

    • Miles September 22, 2021

      no fee with this card

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