Bilt Rewards Announces Rent Day Offers, Increased Earning Rates
Bilt Mastercard

Bilt Rewards Announces Rent Day Offers, Increased Earning Rates

Six months ago, the Bilt Mastercard became available to more consumers after Wells Fargo came aboard to issue the card. Since then, the unique rewards card has continued to expand its offerings, including debuting its own travel portal and adding travel transfer partners. Now, Bilt has unveiled its Rent Day promotion, that will bring new benefits and perks to cardholders.

The Bilt Mastercard is a rewards credit card that, most notably, rewards customers for one of their largest monthly expenses: rent. When cardholders pay rent using the card, they’ll earn 1 point per dollar spent, up to 50,000 points per year. Moreover, using Bilt’s platform, customers can avoid fees typically associated with paying rent via credit card. In addition to the rent rewards, the card also earns 3x points on dining, 2x on select travel, and 1x on all other purchases.

Continuing the rent theme of the card, Bilt has announced Bilt Rent Day, which will debut on October 1st. As part of this promotion, Bilt Mastercard customers will also be able to earn double rewards (except on rent payments and up to 10,000 bonus points). This means that they can earn 6x on dining, 4x on select travel purchases, and 2x points on all other purchases made on the 1st. What’s more, Bilt suggests that this particular benefit will be offered in subsequent months on Rent Day.

Elsewhere, Bilt Rewards has also partnered with SoulCycle to introduce Soul x Bilt: Rent Day — Bring a Friend on Us. On the first of each month, Bilt members will be able to book a SoulCycle class and bring a friend for free. This offer will be available at more than 50 locations nationwide and reservations will open Mondays at noon Eastern.

Commenting on the idea behind Bilt Rend Day, Bilt Rewards founder and CEO Ankur Jain said, “Rent day is not something that most people look forward to. But our goal at Bilt is to reinvent the experience of paying rent, making the process easier and even enjoyable for our members.”

Jain continued, “In addition to the points Bilt users are already earning by paying rent with Bilt Rewards, Bilt Rent Day will give people even more to look forward to on the first of every month, and we will continue to add new benefits to the program monthly to turn Rent Day into an occasion that can be celebrated.”

Overall, Bilt Rent Day sounds as though it will include some worthwhile perks for Bilt Mastercard customers. In particular, the double points offer could certainly be rewarding. That said, there are some questions about how these benefits will work since transactions might not post right away. This is particularly true for travel bookings. Still, while there may be some kinks to work out, it’s exciting to see that Bilt is continuing its trend of making positive updates to its credit card, making it one of the most interesting new cards on the market.

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: Amazon.com, 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...