Credit Card News
Bilt Announces February 2024 Rent Day Offers, Aeroplan Bonus
Bilt has revealed details for February 2024’s Rent Day, which includes another transfer bonus along with special events for members in select cities.
About the Aeropress bonus:
On February 1st, 2024, Bilt members will be able to take advantage of a special bonus when transferring Bilt Points to Air Canada’s Aeroplan. While points normally transfer at a rate of 1:1, members will be able to increase that to as high as 1:2.5. However, the applicable bonus will vary depending on Bilt status.
For Bilt Blue members (the base tier), a 75% bonus will be available on Rent Day. Meanwhile, those with Silver, Gold, and Platinum status can earn bonuses of 100%, 125%, and 150% respectively. Note that Blue members must transfer a minimum of 2,000 Bilt Points, while those with higher status can transfer a minimum of 1,000.
With Aeroplan points, customers can not only book award flights on Air Canada but also on other Star Alliance Network airlines. As a result, Bilt notes that members can book flights from the United States to South America with as few as 10,000 Bilt Points in economy or 20,000 points for business class — although redemptions can vary based on several factors.
Previously:
This latest status-based transfer bonus comes on the heels of Bilt revamping its status program. Now, customers can either unlock status by reaching a certain number of points in a calendar year or by spending a certain dollar amount on their Bilt Mastercard or via “the Bilt ecosystem” (Bilt Dining, Bilt Travel, etc.). However, rent payments are excluded from the latter option. For context, qualifying for Silver status in 2024 will require 50,000 points or $10,000 in spending, whereas it was previously 25,000 points.
Valentine’s Day features:
In addition to the Aeroplan bonus, Bilt is also set to celebrate Valentine’s Day on Rent Day. The company will be hosting exclusive dining experiences for two at romantic restaurant locations in New York, Los Angeles, San Fransisco, Miami, Boston, and Washington D.C. Bookings for these experiences will open at noon Eastern on February 1st and will be available on a first-come, first-served basis. The price for these events will vary by restaurant but range from 12,500 Bilt Points or $150 per couple up to 15,000 Bilt Points or $200 for two.
On top of that, Bilt has released a Valentine’s Day capsule collection featuring many unique items. These items include everything from candles and vases to a record player and a lint roller. The capsule collection is now available, with prices ranging from 2,500 to 15,000 points per item.
Other Rent Day offerings:
Of course, Bilt will also be bringing back several of its monthly Rent Day staples for February. These include the chance to win free rent with the game show Rent Free, the opportunity to earn bonus points with Point Quest, and more.
Plus, Bilt Mastercard customers can earn double points on all non-rent purchases on February 1st. This means 6x on dining, 4x on select travel, and 2x on all other purchases except rent.
My thoughts:
At this point, it’s clear that Bilt has struck upon a formula: travel transfer partner bonuses + monthly special events. What’s more, these bonuses have taken on a predictable form each month, with bonuses ranging from 75% to 150%. In my opinion, this is a smart move as it not only gets members thinking about what their next redemption will be but also incentivizes them to reach for higher status in order to earn larger bonuses.
Personally, while I’ll always make the most of Rent Day’s double points as much as possible, I don’t anticipate making a transfer to Aeroplan at this time — nor do I forsee myself traveling to one of the cities hosting Valentine’s dinners. But, for those planning a trip or looking for something unique and romantic to do, February 2024’s Rent Day is a winner.
Note: Click here for the current Bilt Rent Day Bonuses.
Author
Other Articles by Kyle Burbank
Personal Finance News
Credit Card News
Apple Card Debuts AirPods Pro Bonus Offer for New Cardholders
Apple is looking to entice potential Apple Card applicants with a special offer worth a pair of AirPods Pro. About Apple Card's Bonus Offer: The Apple Card is currently offering a new bonus worth up to $250 — which is the cost of the AirPods Pro 3 (excluding tax). To take advantage of this deal, new Apple Card customers must be approved for the card and buy a pair of...
Credit Card News
