Bilt Rewards Mastercard Review: How to Get Free Trips From Paying Rent
Renting is the largest bill for many of us, but what if you could turn that monthly expense into a tool to help you travel and improve your credit score? That's exactly what the Bilt World Elite Mastercard offers.
Here are six reasons why getting the Bilt card should be your top priority as a renter:
Earning Points on Rent Payments
Normally, paying rent doesn't earn you any rewards, but with the Bilt card, you'll earn 1x Bilt points on your rent payments. This is especially valuable since rent is likely one of your largest expenses.
Impressive Reward Earnings
In addition to earning points on rent, the Bilt card also offers 3x points on dining purchases, 2x points on travel expenses, and 1x on all other purchases. These rewards are comparable to what you would earn with the popular Chase Sapphire Preferred card.
Building Credit History
Bilt is partnered with over 2 million apartment communities known as the Bilt Rewards Alliance. When you rent at a Bilt Alliance property, Bilt will automatically report your rent payments to the three major credit bureaus each month. This can help build a credit history, increase the types of credit on your report, and boost your credit score.
Referral Program
You can earn even more points with Bilt's generous referral program. For every person you refer who successfully signs up using your unique link, you'll earn 2,500 points. And every fifth successful referral earns you an additional 10,000 points, up to a maximum of 2 million bonus points.
Transferring Points
One of the best ways to maximize the points that you’ll earn is to transfer them. Bilt is partnered with 14 hotel and airline award programs that allow you to transfer your points at a 1:1 ratio. These include World of Hyatt, Air Canada Aeroplan, and American Airlines Aadvantage (which has no other credit card transfer partners).
You can then redeem these points for FREE hotel rooms and plane tickets!
No Fees
No other credit card on the market allows you to pay rent without fees. While the Bilt card doesn't offer a sign-up bonus like many other credit cards, that's more than offset by the impressive benefits it offers.
Our Take
Basically, if you're a renter, you can't afford to miss out on the Bilt card. With its $0 annual fee, ability to earn points on rent payments, and impressive reward earnings, it's a must-have for anyone who wants to turn their monthly rent payments into a tool for travel and improved credit. And with the Bilt card's referral program, you can easily accumulate thousands of points and start experiencing all the benefits the card has to offer.
Are you still here? Go apply right now and start earning something back for these WILD rent prices!