BILT

BILT Rewards

BILT lets you earn points on rent and everyday purchases, with travel partners like Alaska Airlines and TAP Portugal. Points can be redeemed for travel, rent, or even a home down payment. Plus, on "BILT Rent Day," you can earn double points on categories like dining and travel for extra rewards.

BILT Rewards
📸: BILT Rewards (Powered by WellsFargo) allows you to post your Rent on (a No-Annual-Fee) Credit Card and reap some of the most valuable transfer points in the industry
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Always Turn Left: BILT Rewards (Oct-11-2024)
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In the ever-evolving landscape of credit card rewards programs, BILT Rewards is making waves as a unique and highly rewarding program, particularly for renters.

With an impressive valuation of $0.0205 per point (UpNonStop valuation, as of October 2024), BILT stands out for its flexibility, ease of use, and valuable transfer partners.

This guide explores everything you need to know about BILT Rewards, including how to maximize your points, key redemption options, and the history behind its development—highlighting Wells Fargo’s role as the issuing bank.

History of BILT Rewards: The Program’s Evolution

BILT Rewards debuted in 2021 as the first loyalty program designed to reward renters for paying rent. The program was the brainchild of Kairos HQ, which sought to address a gap in the rewards landscape: renters were making monthly payments on one of their biggest expenses without earning any rewards for doing so. BILT Rewards filled that gap by offering points for rent payments—something previously unattainable without significant processing fees.

From the start, BILT’s model was unique. By partnering directly with landlords and property management companies, they enabled fee-free rent payments through the BILT Mastercard, issued by Wells Fargo.

Over the years, BILT has grown into a well-rounded rewards program with robust earning opportunities across other spending categories like dining, travel, and everyday purchases.

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Industry Insights: BILT's Impact on Renters and the Market BILT Rewards has disrupted the rental market in a way that few other rewards programs have. Historically, using a credit card to pay rent was expensive due to high processing fees. BILT eliminated this barrier by working directly with landlords and property managers, allowing renters to earn points on rent payments without additional fees. As of October 2024, BILT has partnered with millions of rental units across the United States, making it easier for renters to earn rewards. Even if your landlord doesn’t accept credit card payments, BILT allows you to pay through its app, facilitating rent payments and ensuring you earn points.

How BILT Rewards Work

BILT Rewards operates primarily through the BILT Mastercard, which allows cardholders to earn points on rent payments and other spending categories. The card's standout feature is its ability to let you pay your rent with no additional fees—whether or not your landlord accepts credit card payments directly. Here’s how the earning structure breaks down: 👇🏻

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