Discover Bilt Points Worth: Smart Rewards or Just Hype?

bilt credit card

Bilt Rewards is a loyalty program designed with renters in mind, letting you earn points on rent payments and everyday purchases. What makes it more special? You can redeem the earned points for travel, rent credits, or tons of other rewards.

The whole system works through the Bilt app, where you pay rent and use its Mastercard for spending. Either way, you are getting rewards for fulfilling your massive monthly expenses that used to give you absolutely nothing back.

But the thing that you really want to know is whether Bilt points are actually worth your time and effort. If you’re someone paying rent every month, the idea of earning rewards on it sounds almost too good to be true. Let’s find out whether Bilt Points Worth deliver real value or if it’s just another overhyped rewards program.

What Makes Bilt Points Worth Your Attention?

According to recent expert analysis, the Bilt Points Worth is currently valued at 2.05 cents per point. That’s actually pretty good compared to many programs where you’re lucky to get 1 cent per point value. But this also has the catch—the value depends on how smart you are with your redemptions. 

Want to know about the real game-changer? Bilt rewards allow you to earn points on rent payments. Think of it this way—if you are paying $2,000 monthly in rent, that’s $24,000 per year getting zero rewards. Until Now!

How Does Bilt Work? (It’s Simpler Than You Think)

The Bilt reward system is pretty clear-cut. You can easily understand it even if you are completely new to reward programs.

The basic setup required for accessing the reward of this program:

  • Sign up for a free Bilt membership.
  • Link your payment method (any card works).
  • Pay rent through the Bilt app.
  • Watch points accumulate automatically.

If you get the Bilt credit card, you will earn even more:

  • 1 point per dollar on rent (up to 100,000 points yearly)
  • 3 points per dollar on dining
  • 2 points per dollar on travel
  • 5 points per dollar with Bilt Dining partners and Lyft

The Bilt Mastercard has a zero annual fee, making it risk-free to try.

Bilt Points Value in Real Dollar Terms

Itching to know the real dollar value of your accumulated points? When it comes to Bilt points to dollars, the way you decide to redeem them can have a huge impact. Look at how much your points are worth depending on the redemption option you choose.

Premium Options (Best Bilt Point Value)

  • Travel partner transfers: Often 2.05+ cents per point
  • Down payment savings: Fixed at 1.5 cents per point
  • Travel portal bookings: 1.25 cents per point

Lower Value Options

  • Amazon purchases: Only 0.7 cents per point
  • Rent statement credits: Just 0.55 cents per point

For instance, 50,000 points could be worth $275 for Amazon purchases, $1,025 through travel partners, or $750 towards a house down payment. Pretty big difference, right?

Bilt Credit Card Benefits That Boost Overall Value

Having a Bilt credit card is not just about earning points. The following points are the main reasons why the Bilt Mastercard is worth considering.

No-Brainer Perks:

  • Completely free, that means no annual fee ever.
  • No foreign transaction fees for travel.
  • Auto rental collision coverage.
  • Trip cancellation protection.

Earning Structure:

  • Up to 5x points with dining partners.
  • 3x points on all dining purchases.
  • 2x points on travel and Walgreens.
  • 1x points on everything else, including rent.

It is important to note that you must use the card at least 5 times monthly to earn points on rent. This is crucial to remember. Otherwise, there’s no point at all.

Smart Ways to Earn Bilt Rewards Beyond Rent

While paying rent is the most attractive benefit of Bilt Rewards, there are many more earning opportunities beyond that.

  • Dining Programs: You can link any credit card to Bilt Dining and get the chance to earn up to 3 extra points per dollar at participating restaurants. If you use the Bilt credit card, you could earn up to 6 total points per dollar on dining. This is like getting 12% back on your purchase.
  • Travel Bookings: Book through its travel portal for bonus points, plus whatever your linked card earns typically.
  • Referral Bonuses: The Bilt referral program gives you 2,500 points per friend who gets approved, up to 50 referrals. Every five referrals net you an extra 10,000 bonus points. That’s insane!

Along with this, you get fun extras:

  • Monthly “Rent Free” game on the 1st of each month.
  • Fitness class booking through the app.
  • Even home purchases through partner realtors.
bilt mastercard

Bilt Rewards Review: Get the Complete Picture

After learning all the ins and outs, it’s time for the Bilts Reward review. This section covers what’s great and what’s not so great about this program.

What Makes This Program Awesome:

  • Unique rent rewards that literally no other program provides.
  • Strong transfer partners, including 20 airline and hotel programs.
  • No annual fee, meaning zero risk to try it out.
  • Multiple earning opportunities beyond just spending.
  • Regular transfer bonuses up to 150% during special promotions.

Things to Keep in Mind:

  • 5-transaction monthly minimum to earn rent points.
  • 100,000 annual limit on rent point earnings.
  • Some redemptions are terrible (looking at you, Amazon and rent credits).
  • Non-Bilt cards incur 3% fees for rent payments.

Your Action Plan to Maximize Bilt Points Value

Of course, after knowing the perks and drawbacks of the program, you’d want to know how to get the most from Bilt Points Worth. Check out these smart earning moves:

  1. Grab the Bilt sign up bonus first. It gives you free points to start your journey.
  2. Make sure to hit that 5-transaction minimum monthly requirement. Buy coffee, gas, groceries, etc., to easily meet the target.
  3. Use dining and travel categories strategically.
  4. Link cards to Bilt Dining for restaurant bonus points.
  5. Don’t forget the Bilt referral program for easy bonus points.

When you decide to redeem your points, use these strategies:

  • Save points for travel transfer when possible. This is where Bilt points value really shines.
  • Consider down payment savings if you are house hunting.
  • Avoid Amazon and rent credits unless you desperately need cash flow help.
  • Watch for transfer bonuses on the 1st of each month.

The Bottom Line on Bilt Points Worth

After discussing every bit of the Bilt Points Worth, here’s the final take. If you pay rent, this is probably the easiest money you’ll ever make in rewards. Even if you never use every single point, earning something back on your biggest expense just makes sense.

The Bilt point value of 2.05 cents is solid, the Bilt credit card benefits are actually useful, and the transfer partners give you real flexibility. The worst-case scenario? You earn some points on spending you’re already doing.

The safest recommendation is to start with the free Bilt Rewards membership. Test it out for a few months, then consider the Bilt credit card if you like how it works. Just remember the important things to make the most of your rewards.

Most Sought-After Answers:

Who is part of the Bilt Rewards Alliance?

The Bilt Rewards Alliance includes 20 major travel partners like Alaska Airlines, Air Canada, British Airways, Hyatt, Marriott, and Hilton. These partnerships make your points really valuable.

How does Bilt work?

Sign up for free, link a payment method to the app, pay your rent through Bilt, and watch points pile up.

How much are 5000 Bilt points worth?

The 5000 Bilt points are worth about $102 based on the current 2.05 cents per point valuation. But if you transfer them to the right airline partner, you could potentially get $125+ in value.

Is it necessary for my landlord to have a Bilt membership?

No, it is not required for your landlord to have a Bilt membership. You can still use the program to pay your rent.

What’s the Bilt sign up bonus for new members?

The Bilt sign up bonus varies but typically offers bonus points for meeting spending requirements in your first few months.

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