Bilt Extends Rent Day Promotion for Black Friday and Beyond 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.

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

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...
Summer app

Student Loan Benefit FinTech Summer Raises $6 Million

For years, student debt has been one of the most talked about financial topics. What's more, while the debt itself has become a major part of many Americans' lives, discussion of student loans has become political due to efforts to forgive certain loan repayments. However, while we wait for resolution on that front, a FinTech that brings student debt benefit solutions to employers and consumers has raised a new round...
H-E-B and Central Market  credit cards

Imprint Launches Credit Cards from H-E-B and Central Market 

The FinTech Imprint is partnering with the popular Texas-based grocery chain H-E-B for a pair of new rewards credit cards. This week saw the launch of the H-E-B Visa Signature Credit Card as well as the Central Market Visa Signature Credit Card. With these two (nearly identical) options, customers will be able to earn rewards on groceries and beyond. First, both versions of the card earn up to 5% back on select...
Melissa Urban holding a Ness card

Health and Wellness Rewards Card Ness Partners with Whole30

In recent years, several unique rewards cards have come to market. These include offerings from FinTech startups as well as brands looking to do something special for their loyal fans. On that note, a recently-announced rewards credit card offering is now working with a popular brand to introduce new benefits for customers. This week, the Ness Card (which is issued by The Bank of Missouri) unveiled a new partnership with...
Choice Privileges Select Card

Choice Hotels, Wells Fargo Debut Choice Privileges Select Card

With spring well underway and the summer travel season now just around the corner, Choice Hotels and Wells Fargo have unveiled their latest co-branded credit card offering. Today, the two companies announced the Choice Privileges Select Mastercard. Carrying an annual fee of $95, this card will serve as the premium option in the hotel brand's new lineup. Looking at the Choice Privileges Select, it offers a mix of rewards categories....