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
Travelers with two Best Western Credit Cards

Best Western Debuts Two New Rewards Credit Cards

After pausing applications for their previous rewards card, the hotel chain Best Western has unveiled a new pair of rewards credit cards with a new issuer. About the Best Western cards: Best Western is partnering with First Bank & Trust and Mercury Financial to introduce two new co-branded credit cards. First up is the no-annual-fee Best Western Rewards Visa Signature Card. With this card, customers can 4x points on Best...
Marriott Bonvoy card and a woman on vacation

Marriott Bonvoy Bold Card Launches Travel Contest

Chase and Marriott Bonoy have unveiled a special contest while continuing to offer its best-ever welcome bonus. About the welcome bonus and Bold Chat Court Contest: Marriott Bonvoy and Chase have launched a special opportunity called the Bold Chat Court contest. As part of this contest, 10 lucky travelers will be awarded 500,000 Marriott Bonvoy points (for a total of 5 million) as well as $5,000. For this contest, the...
Bilt and All Reward logos

Bilt Adds 2 New Transfer Partners Including First 3:2 Transfer Rate

Bilt is once again expanding its travel transfer rewards program — and is even breaking the mold with one new partner. About the new additions to Bilt: This week, Bilt launched partnerships with two more travel brands: TAP Air Portugal and Accor. As a result, Bilt members will now be able to transfer their points to Miles&Go and ALL Reward, respectively. In total, Bilt now has 18 transfer partners including 13...
Fioney Top 10 Must-Read Personal Finance Articles Septemeber 2024

Top 10 Personal Finance Articles of the Month — September 2024

Welcome to Fioney's look at the top 10 personal finance articles of the month. On the first Friday of each new month, we look back at some of our favorite posts published in the weeks prior and highlight them right here. This includes a mix of sites that have become staples of our lists as well as many first-timers. To start things off this month, we'll look at some articles...
Amazon and Target logos

Discover Reveals 5% Bonus Categories for Final Quarter of 2024

As we head into the holiday season, Discover has unveiled its fourth-quarter bonus category picks. About the Q4 2024 Discover It 5% categories: Starting on October 1st, Discover It customers will be able to earn up to 5% back on purchases from two major retailers. First up is Amazon — which has been a fixture of Discover's fourth-quarter bonus categories since at least 2015. While this category will of course cover...