What is Bilt Rent Day? Everything You Need to Know

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What is Bilt Rent Day? Everything You Need to Know


Nomadic Matt's Bilt Mastercard lying on a wooden table
Posted: 10/16/2023 | October sixteenth, 2023

The Bilt Mastercard® is my favourite journey bank card. It’s been making waves within the journey world as the one bank card that means that you can earn factors just by paying your hire (as much as 100,000 factors on hire per yr), making it essential for any renter.

And when you can’t earn Bilt Points should you pay a mortgage, in all honesty, it’s an excellent card to have in your pockets even should you personal your home, because it comes with a number of different standout options.

One of these options, which is exclusive to Bilt, is Rent Day.

Rent Day is Bilt’s different to a welcome provide. A welcome off is often a one-time provide of a lot of factors given to you in change for spending a sure amount of cash in your card inside a set time-frame (normally the primary 3-6 months).

Welcome gives normally equate to a free flight or free lodge keep(s) so they’re used to encourage folks to get a card and spend cash on it. As such, they’re an enormous a part of incomes factors and miles free of charge journey — one of the crucial vital components.

But Bilt doesn’t have a welcome provide. It has Rent Day as an alternative, which, for my part, is simply pretty much as good (if not higher).

I normally advise in opposition to getting a brand new card except it has a stellar welcome provide. But Rent Day occurs 12 occasions a yr, that means that you’ve that many extra possibilities to maximise your factors earnings. It’s actually probably the greatest options of the cardboard.

To assist you to maximize your factors, right here’s the whole lot that you must learn about Bilt’s Rent Day.

 

What is Bilt’s Rent Day?

For most renters, hire is due on the primary of each month, making it one thing of a dreaded day. But Bilt goals to show at the present time into one you’ll be able to look ahead to, with methods to earn extra factors (as much as 10,000 bonus factors) every time.

I’ll go over every of those in additional element within the sections beneath, however the primary options of Rent Day are these:

  • Double incomes capabilities on all classes (besides hire funds)
  • Point Quest
  • Free hire giveaways
  • Unique perks that change every month (i.e. other ways to earn or spend extra factors)
  • SoulCycle Rent Day rides (complimentary SoulCycle rides)

There are solely two issues you need to do to just be sure you’re making probably the most out of Rent Day.

The first is likely one of the most vital issues to know concerning the Bilt card, which is that you have to use the cardboard a minimum of 5 occasions every assertion interval to earn any factors, together with any earned on Rent Day. Once you’ve used your card 5 occasions in a press release interval, you’re good to go and can earn all of your factors.

The second factor to recollect is to obtain the Bilt app, as some Rent Day advantages are solely out there on the app (like Point Quest; extra on that beneath).

While it truly is that easy, right here’s how one can begin benefiting from all that Rent Day has to supply.
 

How to Earn More Points on Rent Day

Since Bilt first launched Rent Day in October 2022, double factors on all classes have been a foremost characteristic, and it’s a simple one to get. All you need to do is use your Bilt Rewards Mastercard to make purchases on the primary of the month, and also you’ll immediately get double the factors on that buy.

That means you’ll earn:

  • 4x factors on journey (flights, accommodations, and automobile leases)
  • 6x factors on eating
  • 11x factors on Bilt Dining (eating at choose eating places)
  • 2x factors on all different purchases (excluding hire)

It’s a no brainer to make a behavior of utilizing your Bilt card for something you purchase on the primary of the month. That manner, you’ll get extra factors and be that a lot nearer to hitting your required 5 transactions for the month.

Pro tip: For any reoccurring funds (like subscriptions) that hit your account on the primary of the month, change the cost card on file to Bilt (assuming you’ll be able to’t earn extra factors on these purchases with a special card). That manner you’ll mechanically get a minimum of 2x factors for these (extra in the event that they’re in journey or eating classes), whereas ticking off a few of these 5 required transactions.

If you could have subscriptions processing on different days of the month, name the corporate and see should you can transfer your billing to the first so you will get these additional factors.
 

Point Quest

Screenshot from the Bilt app showing points earned from Point Quest

While it’s straightforward to earn double factors in your purchases on the primary of the month, this Rent Day profit makes you’re employed on your factors.

Point Quest is a recreation performed on the Bilt app in which you’ll earn factors for proper solutions to trivia questions. There are all the time 5 inquiries to reply, and also you’ll get 150 factors should you get all of them proper, plus a sixth query, value 100 factors all by itself. That means you possibly can earn as much as 250 Bilt factors enjoying Point Quest every month.

The questions are normally centered on that month’s theme. For instance, when Bilt provided 5x factors on sports activities tickets and NFL bins as a Rent Day characteristic, the Point Quest questions had been sports activities associated. But don’t fear — the questions aren’t that arduous. Even should you don’t know a lot concerning the theme that month, chances are high you’ll nonetheless have the ability to reply a minimum of a number of questions.

Remember to obtain the app so that you could play. It takes simply a few minutes and is a simple option to get some additional factors on Rent Day.
 

Rent Giveaways

Screenshot from the Bilt app with a Q&A for Rent Free giveaway

Another widespread characteristic of Rent Day is the month-to-month free hire giveaways. This has taken completely different kinds over the months, however the central tenet is similar: you possibly can earn a month’s free hire simply by enjoying.

In the previous, Bilt created Rent Challenges through which you needed to resolve a puzzle of some form in an effort to safe your entry to the giveaway. Challenges included discovering Bilt’s emblem hidden inside a scene or fill-in-the-blank sentences to finish an idiom or widespread saying. Some months, finishing these challenges entered you to win not solely a free month’s hire however free flights to locations that Bilt was highlighting that month (e.g., in February 2023, Bilt partnered with Hawaiian Airlines and provided free flights to Hawaii).

Over the previous couple months, these challenges have been changed with the Rent Free Game Show, through which comedians, creators, and different personalities reply questions to assist Bilt members earn an opportunity to get their hire paid (as much as $2,500 USD).

It works like this: Each month, Bilt randomly asks a thousand Bilt Members hypothetical questions. (These questions set the baseline for solutions. Even should you aren’t randomly chosen to take part, you’ll be able to nonetheless win free hire.) These questions are in every single place, and prior to now, have included issues like: “Where is the worst place to get proposed to?” and “What foods do picky eaters hate?” and even “What’s the biggest red flag you see on dating apps?”

The Rent Free visitor (the comic or different character) then tries to guess the consensus of Bilt members who answered. The extra they get proper, the extra folks’s hire Bilt pays (as much as 10 winners every month).

Then, on Rent Day, Bilt members have the prospect to reply those self same questions within the Rent Day tab of the app. If you guess accurately, you’ll be entered to win free hire for that month. So far, it doesn’t look like there’s any restrict on what number of occasions you’ll be able to strive, so don’t fear should you guess incorrect initially. Just preserve making an attempt till you get a minimum of three appropriate solutions, and also you’ll be entered to win!

You can watch the sport present on the Bilt app too, although it’s not required for entry.
 

Previous Rent Day Prizes

Screenshot from the Bilt app showing a Lyft Pass earned

While Bilt doesn’t announce its Rent Day prizes too far upfront, to offer you a way of what they’re like, you’ll be able to take a look at perks from the previous. While it’s good that there are some Rent Day bonus mainstays, a part of the enjoyable of Rent Day is that you simply by no means know what they could provide up subsequent month!

To provide you with an concept of what to anticipate, previous hire day advantages have included:

  • United Airlines Elite Status Match
  • 7 days of double factors: Black Friday by December Rent Day
  • 100% switch bonuses (extra on these beneath)
  • 50% Bilt Point redemption bonus for Amazon
  • Up to $25 Lyft credit score
  • 5x factors on sports activities tickets and an opportunity to make use of factors to ebook NFL Box Seats

As you’ll be able to see, most of those perks are one-offs, however one has occurred a number of occasions (albeit with completely different companions): switch bonuses.
 

Perk Highlight: Transfer Bonuses

I need to speak somewhat extra about Rent Day switch bonuses, as a result of whereas this isn’t a perk each month, it’s occurred sufficient occasions that it’s secure to say we will most likely count on them in some type on future Rent Days.

Bilt factors are generally known as transferable factors as a result of you’ll be able to transfer them to a wide range of completely different applications. Bilt has a wide range of nice switch companions, and, most crucially, it’s the one card with American Airlines as one.

Here’s Bilt’s checklist of present journey companions:

  • American Airlines
  • AerMembership (Aer Lingus)
  • Aeroplan (Air Canada)
  • British Airways
  • Cathay Pacific
  • Emirates
  • Flying Blue (Air France/KLM)
  • Hawaiian Airlines
  • Iberia
  • IHG (Intercontinental Hotels Group)
  • Turkish Airlines
  • United
  • Virgin Atlantic
  • World of Hyatt

Normally, Bilt factors switch 1:1, that means that should you switch 25,000 Bilt factors to, say, United, you’ll then have 25,000 United factors.

But switch bonuses are if you get extra on your factors when transferring them to a different program. For instance, if United is working a 100% switch bonus in partnership with Bilt, you’d get double when transferring your Bilt factors to your UnitedPlus Mileage account. That implies that these 25,000 factors would turn into 50,000!

As you’ll be able to see, that is an extremely worthwhile Rent Day profit. While bank card corporations like American Express and Chase repeatedly provide switch bonuses that run for intervals longer than simply someday, these are usually within the vary of 10-40%, not the 100% that Bilt has provided on Rent Day a number of occasions now.

Past Rent Day switch bonuses have included:

  • 100% with IHG One Rewards
  • 100% with Flying Blue (KLM/Air France)
  • 100% with Hawaiian Airlines

Transfer bonuses are considered one of my favourite Rent Day shock advantages, as they’re a wonderful option to immediately flip your present factors into much more.

I’ll say that, ideally, you don’t need to make the most of these switch bonuses except you could have a flight that you simply plan on reserving instantly. As a normal journey hacking rule, you need to preserve your transferable factors as such as an alternative of preemptively transferring them to a particular airline or lodge, as a result of transferable factors are extra versatile.

For instance: say you took benefit of that hypothetical United bonus talked about above and transferred all of your Bilt factors to United in an effort to double your factors. But what should you later go to ebook a flight and the perfect deal on the time is with Virgin Atlantic? You gained’t have the ability to make the most of that flight since all of your factors are actually with United.

I like to recommend utilizing these switch bonuses in the event that they’re with manufacturers that you simply use repeatedly (as then you realize you’ll finally use these factors), however not transferring all your Bilt factors. And when doubtful, preserve your Bilt factors (or another transferable factors) as they’re till you’re prepared to make use of them.
 

Is Rent Day Worth Participating In?

Yes! Considering it’s completely free to participate within the Rent Day festivities, there’s no cause to not make the most of the assorted perks and advantages that Bilt gives on at the present time. While you could be extra excited concerning the distinctive choices some months than others, there are all the time double factors, Point Quest, and giveaways free of charge hire to look ahead to.

To sum up, right here’s tips on how to profit from Rent Day:

  • Use your Bilt card for any buy you make on the primary of the month
  • Download the Bilt App and preserve notifications on (they’ll let you realize a number of days beforehand what that month’s advantages can be)
  • Play Point Quest
  • Play Rent Free
  • Make a minimum of 5 transactions that assertion interval to be sure you get the factors you earn on Rent Day!

Do that, and also you’ll have the ability to maximize your Bilt factors and get one step nearer to free journey!
 

Bilt Rent Day Frequently Asked Questions

How many Bilt factors do you get on Rent Day?
You can earn as much as 10,000 Bilt Points on Rent Day. There is not any class cap, that means that you possibly can earn all these factors in a single class (akin to journey), or unfold out throughout many alternative ones.

What is the utmost Bilt factors you’ll be able to earn per yr?
You can earn as much as 100,000 Bilt Points yearly on hire, however there’s no cap on what number of Bilt Points you’ll be able to earn per yr on different purchases.

Is it arduous to qualify for Bilt?
The really useful credit score rating to use for Bilt is within the good-to-excellent vary (670–850), although this isn’t a hard-and-fast rule. Other components in your credit score historical past might come into play when your utility is evaluated.

Can I exploit Bilt to pay my mortgage?
No. You presently can’t use Bilt to pay your mortgage. However, even householders would possibly need to think about getting Bilt for its different advantages, together with Rent Day (which, once more, anybody can take part in). It’s undoubtedly the greatest no-fee journey bank card on the market, with a variety of journey companions, free level.me (search engine for locating award flights) and Awayz entry (search engine for locating award lodge stays), and strong journey insurance coverage.

Do Bilt Rent Day factors expire?
Nope! Bilt Points of any form — together with these earned on Rent Day — don’t expire so long as your account stays open and lively. (Bilt defines “active” as any account on which there was exercise within the final 18 months. That consists of utilizing the Bilt Mastercard for normal purchases, paying your hire by Bilt, redeeming Bilt Points, or taking part in any Bilt sweepstakes.)

***

Rent Day gives a number of ever-changing advantages and perks and is likely one of the causes that Bilt is my favourite card in my pockets proper now. While you’ll be able to solely earn a welcome provide as soon as, Rent Day comes 12 occasions a yr, yearly, that means that as a Bilt cardholder, you’ll have that many extra alternatives to earn extra factors — and possibly even a month’s free hire should you’re fortunate!

If you pay hire and reside within the USA, this card is a should. I actually can’t suggest it sufficient!
 

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