May 2024 Bilt Rent Day Offer: You can use points to pay for your house rent

Bilt Master Credit CardIt is the most discussed card with no annual fee in recent years. Bilt Rent Day is one of the most anticipated benefits of the card! 🎉As a Bilt Master credit card holder, I have been deeply immersed in this interesting benefit for a year now. The unique thing about this card is that when we use a credit card to pay rent, we avoid cumbersome handling fees and at the same time get Bilt points back! Even if landlords usually resist using fee-free credit cards, we can easily do it with the Bilt APP. Although this benefit does not seem to be of much use to a home buyer like me, I can also pay the house management fees in this way🏠💳, and I can also earn Bilt points.

Bilt's innovation is really amazing, especially the Bilt Rent Day event at the beginning of every month makes me eager to try it! As May approaches, the new Bilt Rent Day promotion has finally been announced! But there is a small regret this time that may disappoint some people - although there is no bonus for travel points transfer this time (usually a super feast in the eyes of mileage fans 🌍✈️), there are still attractive benefits.

What we can expect from the Bilt Rent Day sale in May 2024

Bilt Rent Day monthly promotions generally include several aspects, such as earning extra multipliers of reward points on purchases (this is a fixed amount every month) plus an additional promotion.

Earn extra 2-6X Bilt points when shopping on Bilt Rent Day🎁

Typically, the Bilt Credit Card earns for every $1 spent1X-3XBilt points💰, you can earn money by spending on food and beverages3XPoints can be earned by spending on travel2XPoints can be earned on other shopping purchases1Xintegral. However, on the first day of each month, the points rewards will be doubled, meaning you can earn on dining6XPoints can be earned on travel4XPoints can be earned on other shopping purchases2XPoints (except for rentals, which can only earn 1X points at any time).

💳💰 So, if you plan to make a big purchase on Rent Day, you should take advantage of this opportunity! Depends on the user's consumption category. Earn up to 10,000 extra points each month with this rewards system! 😲Remember, you need to use your Bilt credit card five times per billing cycle to earn these extra points. I usually strategically do some shopping and pay some fixed expenses on the first day of each month, such as phone bills, water and electricity bills, insurance premiums, and recharge into the Starbucks APP, etc., to maximize as much as possible. this benefit.

Get discounts on Bilt Home Collection products 🔎

Unfortunately, this May, Bilt is not offering bonus points for transferring points with any travel partners. On the contrary, if users use Bilt points to pay rent, they will receive 100% points as reward, which can be used to exchange Bilt for Bilt Home Collection products. The points that Honghu can use for this offer range from a minimum of 1,000 points to a maximum of 50,000 points. If you want to take advantage of this offer, there are the following T&C requirements:

1. Between April 25 and May 1, 2024, open the "Pay Rent" tab in the Bilt APP
2. Select "Pay with Points"
3. Enter the number of Bilt points you want to use to pay for rent
4. Complete the rental redemption and automatically receive the same number of points back, which can be used in the Bilt Home Collection within the next six months.

So, is it cost-effective?

👀 Let’s do a simple calculation and know that if a user pays rent with Bilt points, you will offset the rent by $55 for every 10,000 points used, which means that the value of each Bilt point is only 0.55 C/P.

Personally, I find that the redemption value per point on most Bilt Home Collection items is well under 1 C/P. So even taking into account the 100% return points for the rental portion, most redemptions are still well below the value of 1.5 C/P per point. The deal doesn't look like a great deal, but it's not too bad either. 📉(If compared according to TPG’s valuation of Bilt points is 2.05 C/P)

It is worth noting that Bilt has not proposed point transfer rewards from travel partners on Rent Day for several months, but their diverse promotion strategies are indeed fresh and surprising. Although this may disappoint some friends who are pursuing airline miles and credit card points, you might as well try the new rebate method, maybe you can discover more fun inadvertently!

Conclusion🌟

On the first day of every month, pick up yourBilt Master Credit CardBy spending, you can not only earn double shopping points, but also have the opportunity to enjoy unique offers like this in May 2024. Although redeeming points for Bilt Home Collection products may seem tempting, the actual value of the points may be a bit underwhelming. However, who can resist the pleasure of paying rent entirely from points?

🤔 Are you ready to show off your skills at Bilt Rental Day in May? Let’s look forward to Bilt’s next surprise!