{"id":308,"date":"2022-11-07T06:11:06","date_gmt":"2022-11-07T06:11:06","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2022\/11\/07\/the-bilt-rewards-card-how-to-earn-points-by-paying-your-rent\/"},"modified":"2022-11-07T06:11:06","modified_gmt":"2022-11-07T06:11:06","slug":"the-bilt-rewards-card-how-to-earn-points-by-paying-your-rent","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2022\/11\/07\/the-bilt-rewards-card-how-to-earn-points-by-paying-your-rent\/","title":{"rendered":"The Bilt Rewards Card: How to Earn Points By Paying Your Rent"},"content":{"rendered":"


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Posted<\/strong>: 11\/7\/22 | November 7th, 2022<\/p>\n

As an avid travel hacker, I\u2019m always looking for new ways to earn more points and miles through my everyday spending. As a result, I earn over one million points every year<\/a>, allowing me to enjoy all kinds of free flights and hotel stays, upgrades, lounge access, elite status, and more.<\/p>\n

Travel hacking<\/a> has saved me thousands and thousands of dollars over the years, and I wouldn\u2019t be able to travel as much without it.<\/p>\n

However, there\u2019s traditionally been one huge expense that has always been hard to earn points for: rent. <\/p>\n

For years, travel hackers have taken advantage of temporary offers that waive credit card fees or gone through complex procedures to pay their rent so they could get points. <\/p>\n

But these maneuvers were all hit or miss and never lasted long. Thousands of potential points continued to be left on the table.<\/p>\n

Until now.<\/p>\n

Earlier this year, a card called Bilt<\/a> came out. And it has changed the game.
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What is Bilt?<\/h3>\n

\"Bilt<\/p>\n

There are two ways to earn points with the card: by renting a Bilt Alliance property, or by using the Bilt World Elite Mastercard\u00ae. <\/p>\n

Bilt Alliance properties form a network of two million units across the US. But I\u2019m not going to focus on that. I\u2019m going to talk about its credit card.
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How does the Bilt reward card work?<\/h3>\n

Once you open a Bilt Mastercard\u00ae (which is issued by Wells Fargo and has no annual fee), you go to the Bilt app or website to set up your recurring monthly rental payments. <\/p>\n

Bilt then creates a unique bank account tied to your Bilt credit card so that your rent is paid with an e-check rather than through your credit card. This bank account is basically a legal \u201cdummy\u201d account created as a workaround for credit card processing fees. You do not use it for anything else, and you do not withdraw or deposit money from it.<\/p>\n

Whenever these unique routing and account numbers are used to pay rent, your Bilt Mastercard\u00ae is charged for the same amount. (You still have to connect your personal bank account to pay off the card each month.) <\/p>\n

And, if your property is old-school and only accepts checks, you can still pay with your Bilt card through the Bilt Rewards app, and Bilt will send a check on your behalf.<\/p>\n

It all takes about five minutes to set up. When you\u2019re done, you\u2019ll be earning points on your rent. I use it, so I don\u2019t leave any points on the table.<\/p>\n

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Bilt Reward Perks<\/h3>\n

Once your account is set up, you\u2019ll start earning one point per dollar spent using the Bilt credit card on rent payments, up to 50,000 points each calendar year. While the mileage needed for free flights varies drastically depending on many factors, if you play your cards right, that many points could get you a free round-trip flight from New York<\/a> to London<\/a>. <\/p>\n

And, while earning points for rent payments is Bilt\u2019s main draw, you\u2019ll also earn two points per dollar spent on travel (when booked directly or through the Bilt Travel portal) and three points per dollar spent on dining. You\u2019ll get one point per dollar on all other purchases. <\/p>\n

Just note that you have to make five purchases per month (with no minimum spending requirement) to earn these rewards. <\/p>\n

You can transfer points 1:1 to travel partners, including American Airlines, United, Emirates, Hawaiian, Virgin Atlantic, Air Canada, Air France\/KLM, Hyatt, and IHG. <\/p>\n

The fact that they transfer to American Airlines and Hyatt really sets this card apart (besides the rent thing). No one transfers to American, so this is a huge selling point for this card, because it\u2019s the only way to get AA points without having an AA card. And earning Hyatt points allows you to have a way out of the Chase system. <\/p>\n

You can also redeem points for fitness classes, like SoulCycle, Solidcore, Rumble, and Y7, and for items in the Bilt Collection, a curated selection of artisan home d\u00e9cor items. But redeeming for fitness classes comes out to around one point per cent \u2014 you get a better redemption on travel purchases.<\/p>\n

Additionally, purchases also help you earn status in the Bilt Rewards program, based on the total points earned annually. <\/p>\n

The tiers for those Bilt Rewards are as follows (subsequent tiers include everything in the aforementioned ones): <\/p>\n