Bilt's "Rent Day" for March Includes Increased Amazon Redemption
Bilt logo

Bilt’s “Rent Day” for March Includes Increased Amazon Redemption

Last fall, Bilt Rewards introduced a new monthly promotion called “Rent Day.” On the first of each month, customers can earn bonus points via a quiz, enter to win free rent, and — for Bilt Mastercard cardholders — earn double points on all non-rent purchases made with their card for the day. Plus, each month so far has brought additional offerings for users. For March 2023, those extra promotions will include an enhanced Amazon redemption option and more.

First, on March 1st, customers redeeming their Bilt Rewards points on Amazon will be able to get 50% more value. With the regular redemption rate for this option coming in at 0.7¢ per point, this promotion will increase that to 1.05¢ per point. To get started with this option, customers can log into their Bilt account, head to Rewards, select the Shopping tab, tap the Shop Now button under Amazon, and follow directions to link their Bilt and Amazon accounts.

In addition to this offer, the Bilt Collection will have a one-day sale. On March 1st, users can save 50% when redeeming points for items in the Bilt Collection — including some items that are returning to the store for this event. Meanwhile, the monthly “double point” promo will once again be in effect, allowing Bilt cardholders to earn 6x on dining, 4x on select travel purchases, and 2x on all other purchases (excluding rent) made on Rent Day. Customers can also participate in the Point Quest challenge for a chance to earn bonus points.

These latest Rent Day offerings follow a variety of past first-of-the-month promotions that have managed to span the various aspects of what Bilt offers. For example, in October of last year, Bilt customers were offered a United Airlines status challenge, earning them temporary MileagePlus Premier status with a chance to retain it for a full year if they met additional requirements. Most recently, the app also offered a promotion with Hawaiian Airlines that allowed customers to transfer points to the airlines at double the normal exchange rate (2 HawaiianMiles per Bilt Reward point instead of 1:1).

For Bilt Mastercard cardholders, March’s Rent Day promotion could provide a good opportunity. While the card doesn’t necessarily feature a strong “cash out” option, the 1.05¢ per point that they’ll be able to get on Amazon purchases this Rent Day is the next closest thing. Of course, despite this, most cardholders are likely better off using their points for redemptions with higher value such as the 1.25¢ per point customers can get when using points for travel bookings on the Bilt Travel portal or the varying rates that can be achieved by transfer points to one of Bilt’s several travel partners. Nevertheless, it’s been fascinating seeing what Bilt has brought each Rent Day so far — and, hopefully, that trend will only continue.

Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. (Note: advertising relationships do not have any influence on editorial content. Advertising compensation allows Fioney to provide quality content for free. All editorial opinions are those of the individual author and/or Fioney.)

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...