Bilt Extends Rent Day Promotion for Black Friday and Beyond
Bilt Mastercard

Bilt Extends Rent Day Promotion for Black Friday and Beyond

In October, the unique Bilt Mastercard unveiled its inaugural Rent Day promotion, which included the opportunity for cardholders to earn double rewards and nearly all of their purchases on the first of the month. That deal returned in November alongside the addition of a United Airlines status match offer and more. Now, just in time for Black Friday, Small Business Saturday, and Cyber Monday, Bilt is extended December’s Rent Day to start a week early.

From November 25th through December 1st, Bilt Mastercard customers can earn double points on all eligible purchases — except for rent. This means that cardholders will be able to earn 6x on dining purchases, 4x on select travel purchases, and 2x on all other purchases. These points can then be redeemed toward future rent payments, travel bookings via BIlt’s travel portal, transfers to travel partner brands, or even down payments on home purchases. However, the value of these points will vary depending on the redemption option picked, ranging from 0.55¢ per point for rent payments, 1.25¢ per point for travel portal purchases, and 1.5¢ per point toward down payments on houses.

This extended Rent Day promotion is the latest overture from the buzzworthy Bilt Mastercard. Officially launching to all in March of this year (following a beta rollout to waitlist members), the card’s main claim to fame is that it allows customers to earn credit card rewards when making rent payments. Furthermore, Bilt provides users with ACH account and routing numbers, enabling them to avoid fees that are typically charged for using credit cards on rent payment portals.

Behind the scenes, Bilt has also grown as additional investors have come aboard. Last month, the company closed a $150 million growth round led by Left Lane Capital with participation from Smash Capital, Wells Fargo (which issues the Bilt Mastercard), and more. That round valued Bilt at $1.5 billion.

Overall, this latest offering from Bilt continues to show the company and the card’s ability to innovate. While there are some downsides to the Bilt Mastercard — such as the lack of a proper sign-up bonus and the requirement to make at least five purchases per statement cycle in order to earn points — additions such as the travel portal, the new homebuying tool, and now an extended double points promotion for Rent Day have proven the card’s worth. In turn, Bilt has also shown itself to be a FinTech to watch.

Leave a Reply

The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox

A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...
Brim logo

Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
Chase Freedom Flex card

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories:, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...
Rent Day

Bilt Announces Home Collection Deal for May 2024 Rent Day

For May's Rent Day, Bilt is offering a deal that will allow members to decrease their rent bill while also adding to their home decor. About the Home Collection offer: Bilt has crafted a unique Rent Day offer for May 2024. Through the 1st, when Bilt members redeem their points toward rent payments, they'll receive the same number of points to be used toward Bilt Home Collection items. To take...