Bilt Rewards continues to show itself as a top-tier rewards foreign money. Over the previous month, the rewards program has added new methods to earn factors on hire funds, extra journey companions and extra redemption choices.
The constructive modifications have been rolling out quick. Right here’s a abstract of what’s new.
✈️ LIMITED TIME OFFER
Get the ‘cheat codes’ to utilizing journey factors and miles so you may spend much less money. 📥 Join our free publication earlier than April 30 and enter to win a 1:1 journey rewards teaching session.
Earn as much as 100,000 Bilt Factors by paying hire with any bank card
Bilt now permits customers to earn as much as 100,000 Bilt factors per calendar 12 months by utilizing any bank card to pay hire. To get began, you may want to hitch Bilt Rewards — it is free — and hyperlink a card to your account.
Beforehand, any hire fee that wasn’t made with the Bilt World Elite Mastercard® Credit score Card was capped at incomes 250 Bilt factors per fee, or 3,000 Bilt factors yearly. There’s a 3% price for utilizing any third-party playing cards for hire funds, however you’ll additionally obtain rewards out of your bank card along with Bilt Rewards.
When you’re utilizing the Bilt World Elite Mastercard® Credit score Card, take into account that the cardboard should be used 5 occasions per assertion interval to earn factors on hire and qualifying internet purchases (purchases minus returns and credit) for that assertion interval. When you do not make not less than 5 transactions in a press release interval, you’ll earn a flat 250 factors once you use the cardboard to pay hire by way of the Bilt app or web site.
When you use a unique card to pay hire, that 3% price could possibly be straightforward to beat with the precise bank card sign-up bonus. For instance, the Chase Sapphire Most well-liked® Card is at present providing the next welcome supply: Earn 100,000 bonus factors after you spend $5,000 on purchases within the first 3 months from account opening.
★ LIMITED TIME OFFER
Heads up! For a restricted time, the Chase Sapphire Most well-liked® Card is providing one among its most profitable sign-up bonuses ever — 100,000 factors that may be value effectively over $1,000 when redeemed for journey. The issuer spells it out like this: Earn 100,000 bonus factors after you spend $5,000 on purchases within the first 3 months from account opening. Be taught extra and apply right here.
When you paid a 3% price on all the minimal spend requirement of $5,000, you’d alternate $150 in charges for not less than 105,000 Chase Final Rewards® factors (together with the factors from the preliminary spend requirement). These 105,000 Chase Final Rewards® factors could be value a minimal of $1,050 if redeemed assertion credit score or — even higher — they’d be value $1,313 when redeemed by way of Chase’s journey portal and doubtlessly extra in the event you transferred these factors to Chase’s switch companions. Plus, you’d earn an extra 5,000 Bilt factors within the course of, because the card is a Visa.
Southwest Airways joins as a switch associate (with a Hire Day bonus)
Bilt can also be making Southwest its month-to-month Hire Day switch bonus for Could 1, 2025. Relying in your Bilt Rewards elite standing, you’ll obtain between a 25% and 100% bonus for factors transfers to Southwest — however like different Hire Day offers, it’s accessible for sooner or later solely.
Bilt factors can now be redeemed for pupil mortgage funds
Bilt Rewards can now be redeemed for funds to pupil loans serviced by Nelnet, MOHELA, Sallie Mae, Aidvantage and Navient. Factors are value 1 cent every when redeemed towards pupil mortgage funds. You should utilize the Bilt web site or app to use your factors to your pupil mortgage stability.
Whereas you may get higher worth to your rewards by transferring them to journey companions, this could possibly be an effective way to pay down your pupil mortgage stability sooner. In case your hire is $1,500 monthly and you utilize your Bilt Rewards bank card every month for the fee, that could possibly be an additional $1,800 per 12 months you may funnel towards paying down your pupil loans.
Factors could be redeemed at retailers, too — but it surely’s not an important deal
Bilt Mastercard holders can now redeem Bilt factors for as much as $10 in financial savings throughout checkout at Walmart, Walgreens, CITGO, CVS, BP and Greenback Normal. Factors are value 0.55 cent every at these retailers, apart from Walgreens Pharmacy the place factors are value 0.7 cent every. These redemptions don’t offer you a superb worth to your factors, but it surely’s good to have choices. To redeem factors at one among these shops, pay together with your Bilt World Elite Mastercard® Credit score Card at checkout and choose “Sure” to redeem factors when prompted on the terminal.
