Bilt Rewards offers a unique opportunity for renters and everyday spenders to earn points on one of their biggest monthly expenses, rent payments, without incurring typical transaction fees charged by other providers. Originally designed to help renters earn rewards on rent, Bilt has expanded into a full loyalty ecosystem. This program includes dining, travel, rideshare, and fitness rewards. It is built around the Bilt Mastercard, but also supports earning through linked credit cards using the Bilt Wallet.
How You Earn Points with Bilt
Members accumulate points primarily by paying rent with the Bilt Mastercard. Rent payments earn 1 point per dollar, capped at 100,000 points annually. Additional earning opportunities are substantial and include:
- 3 points per dollar on dining purchases
- 2 points per dollar on travel purchases, including those booked via the Bilt Travel Portal
- 1 point per dollar on other purchases
- Bonus points for booking Lyft rides or SoulCycle classes via linked accounts
To activate point earning on rent and other spending, members must complete five transactions each statement period using the Bilt Mastercard, including the rent payment. Rent paid with other major credit cards earns points but usually comes with a 3% fee and lower earning rates.
Bilt Elite Status Tiers and Perks
Bilt classifies members into four tiers based on points earned or qualifying spend, excluding rent, these are Blue, Silver, Gold, and Platinum. Progression unlocks valuable perks:
- Silver status requires 50,000 points or $10,000 spend and offers BLADE private flight discounts
- Gold status, requiring 125,000 points or $25,000 spend, adds lounge access and homeownership concierge benefits
- Platinum status, at 200,000 points or $50,000 spend, includes complimentary BLADE flights and enhanced transfer bonuses
Status is valid through the year earned and the following one, encouraging loyalty.
Redeeming Your Points: Maximizing Value and Flexibility
Bilt points are valued at approximately 2.2 cents each. They can be redeemed in various ways:
- Transfer points one to one to over a dozen airline and hotel loyalty programs for high-value travel redemptions
- Apply points toward rent or a home down payment, helping renters build equity
- Redeem for fitness classes or exclusive merchandise from the Bilt Collection
- Book travel directly through the Bilt Travel Portal to earn even more points
Typically, transferring points to travel partners yields the highest redemption value.
Costs and Usage Guidelines
There is no annual fee for the Bilt Mastercard. To qualify to earn points each statement cycle, cardholders must use the card at least five times including on rent. Using other credit cards for rent payments may result in a 3% transaction fee and lower points earned. Awareness of these conditions is crucial for maximizing rewards.
User Experience and Digital Tools
The Bilt app and website provide clear tracking of points, status, and rewards activity. Monthly Rent Day bonuses give cardholders the chance to earn double points on the first day of each month, excluding rent. The program incentivizes active usage and timely payments. The platform integrates smoothly with popular partners such as Lyft and SoulCycle, adding lifestyle rewards to the program. Customer feedback notes ease of use and transparent rewards tracking.
How Bilt Compares to Other Rewards and Rent Payment Options
| Feature | Bilt Rewards | Typical Rewards Credit Cards | Rent Payment Services |
|---|---|---|---|
| Points Earning on Rent | Yes, no transaction fee | Rarely earns points or fees apply | Fees usually apply |
| Annual Fee | None | Commonly $95+ | N/A |
| Bonus Categories | Dining, travel, rideshare, fitness | Category dependent | Limited |
| Partner Transfer Options | 12+ airlines and hotels | Varies, often broad | Usually none |
| Redemption Flexibility | Travel, rent, home payment, merchandise | Travel, cash back, merchandise | Rent credits only |
| Monthly Bonus Opportunities | Rent Day double points | Signup and category spending | None |
Who Should Consider Bilt Rewards?
Ideal candidates are renters eager to reward their rent payments, frequent diners and travelers wanting flexible points, and prospective homeowners planning for down payments. Those without regular rent payments or who cannot use dining and travel categories may find limited value.
Is Bilt Right for You?
Bilt Rewards transforms one of the most significant monthly expenses, rent, into a rewarding and flexible loyalty experience. The program’s combination of no-fee rewards on rent, competitive earnings on lifestyle spending, and multiple redemption avenues make it a top choice for renters and frequent spenders in 2025. Careful management of monthly spending requirements and strategic reward redemptions will help members unlock the program’s full value, especially for those looking to use points toward travel or homeownership goals.