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It’s Rent Day! Bilt Rewards Rent Day centers on Home ( Use points on rent get 100% back to use on Home Collection )

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Bilt Rewards Rent Day: May 2024

A couple years ago, Bilt Rewards had the bright idea to make the first of the month a bit more fun. Soooo, they launched a “RENT DAY” promo to reward Bilt Rewards members on the first of every month  ( I am a senior advisor and investor in the company ).

I’ve been seriously impressed with how inventive the program has been with massive transfer bonuses, rent giveaways, and now Bilt Experiences. We started the year off HOT with back to back months featuring unreal transfer bonuses ( 75% to 150% )to Virgin. Flying Blue, IHG One Rewards, and Aeroplan. That was absolutely insane.

For the month of May, if you redeem your Bilt Rewards toward Rent, you’ll get a 100% of those points back to specifically use in the Bilt Home Collection.This isn’t a promo that I will be taking advantage of since I don’t rent, but it could be beneficial to people who want to add some furnishings to their home. Personally, I just love the travel based promotions and that’s where I would focus in the future.

Bilt Rewards Rent Day – starting today through May 1st 

When you redeem Bilt Rewards toward Rent you get about $0.0055 per point which is not a good use of points. However, you’re getting these points back to use in the Home Collection ( but you’d better make sure there is something you want ).

  1. Runs April 25th to May 1st
  2. Redeem points for rent credit.
  3. Receive equivalent points back in credit to spend on The Collection.
  4. Rent credits will be automatically applied to your next rent payment.
  5. Spend your collection points in The Collection.

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Sample Home Capsule Collection purchase

  • If you used 15000 Bilt Rewards to offset some rent
    • You’d get $82.50 off your ( this is using $0.0055 per point )
  • You’d then earn back 15000 Bilt Rewards to buy something in the Home Collection

For instance, you could use 15000 Bilt Rewards to buy this classic bundle which retails for $159. You’d be getting $159 ( plus tax ) + $82.50 = $241.50 give or take. That’s about 1.61 per point, but only if you really really wanted a specific item.

Again, I don’t rent, but if you do, you’re getting a bit of a bonus back on using points toward rent, and I suppose you could always but something in the home colleciton and resell it if you didn’t really want it.

a box with a candle and roses inside a box with a candle and roses inside

Bilt Rewards Game Show ‘RENT FREE’ 

It’s a fun game to play, super easy and straight forward, and Michael Rapaport is the guest host this month

Playing off the classic Family Feud format, we’ve asked 1,000 Bilt Members some fun hypothetical questions. Your challenge will be to see how well you know your fellow Bilt Members by submitting guesses to one of these questions. If you can correctly guess three of the most popular answers, you’ll automatically be entered for the chance to get your August rent paid.

What are some past Bilt Rent Day promos?

  • 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
  • March 2024
    • NCAA Sweet 16 tournament
      • Connect your Bilt Rewards to a partner and get 1k point up to 2 partners.
  • April 2024
    • Buy One Get One Fitness Classes
  • May 2024
    • Use Points on Rent, get 100% back to use in Home Collection

DOUBLE POINTS ON ALL NON-RENT PURCHASES

Don’t forget you need to use the card 5x in a month to get your points. Here’s how you can earn:

  • DINING: 6x points (regularly 3x points)
    • This applies to Restaurants in the Bilt Dining program as well – so you’d earn 11x
  • TRAVEL: 4x points (regularly 2x points)
  • ALL OTHER SPEND excluding rent: 2x points (regularly 1x points)

a close up of a credit cardPlay Point Quest to earn points

  • log in to the Bilt Rewards app on the first
  • Answer 5 questions and earn 50 points instantly for each correct answer
  • If you get all 5 correct, you will be given a 6th question for another 100 Bilt points

Soul Cycle

  • Bilt Members can book complimentary bikes at every SoulCycle x Bilt Rent Day Ride on the 1st of each month at studios across the country.
  • Book directly in the Bilt App to book one of 10 complimentary bikes that are available per class, on a first-come, first-served basis.

Rent Giveaway

I mentioned this up above, but if you solve a phrase and you submit the correct answer you’ll be entered in a contest to win up to $2500 in free rent!

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Tell me more about the Bilt Mastercard®?

You can earn on points rent without the transaction fee by using the Bilt Mastercard® as long as you make 5 non-rent transaction in a statement period ( up to 100k points per year ).

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You can pay rent via two different ways

  • 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.

But the 2nd way is a gamechanger.

  • You can use their no annual fee Bilt Mastercard® to pay your rent and earn points. The card even earns 2x on travel and 3x on dining with no annual fee. I’m not talking just within the alliance, but literally any landlord, anywhere in the United States.

My landlord doesn’t accept credit card.

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 Mastercard® to pay via ACH, Venmo, or PayPal

If you pay rent…it’s a complete no brainer.

Overall

Bilt Rewards Rent Day is an exceptional time to spend on your credit card if you have one, but also take advantage of all the promotions they offer.

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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Learn More

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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

75k Ultimate Rewards after $4k spend in 3 months

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

Annual Fee

$95

Points Earned

Transferrable Chase Ultimate Rewards

  • 75k Ultimate Rewards after $4k spend in 3 months
    • Worth $937.50 in Chase Travel℠ and way more if you maximize transfer partners
    • 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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