Bilt Mastercard overview: Flip lease into rewards with no transaction charges

The Bilt Mastercard® would not formally provide a welcome bonus. Nevertheless, many new cardholders have reported being focused for a promotional provide, through which they will earn 5X factors on all eligible purchases (excluding lease) for his or her first 5 days, as much as 50,000 bonus factors.

For a no-annual-fee card, the Bilt Mastercard comes with a stunning quantity of helpful buy and journey protections, together with:

You can too earn Lyft credit score every month along with your Bilt card. By Sept. 30, 2025, you may earn $5 in Lyft credit score per 30 days after you’re taking three eligible rides.

That will help you take advantage of your factors, Bilt Rewards members have complimentary entry to the Level.me and Awayz award search instruments by way of the Bilt app. Each of those companies are built-in with Bilt Journey. You’ll be able to seek for inns or flights and guide instantly with Bilt factors or money. Nevertheless, with the Level.me and Awayz integration, you even have the choice of viewing search outcomes with costs which might be based mostly on the price of reserving by way of a Bilt switch companion.

Bilt Elite Standing

Bilt Rewards affords an elite standing program, based mostly on what number of factors you earn in a yr (referral bonuses and sure promotional bonus factors don’t qualify). While you earn standing, you will have that standing by way of the tip of the yr you earned it and your entire following yr. Listed here are the standing tiers:

• Blue: Enroll in Bilt Rewards
• Silver: Earn 50,000 qualifying Bilt factors or $10,000 in eligible spending
• Gold: Earn 125,000 qualifying Bilt factors or $25,000 in eligible spending
• Platinum: Earn 200,000 qualifying Bilt factors or $50,000 in eligible spending

Elite advantages embrace perks resembling incomes curiosity in your factors balances (within the type of extra Bilt factors), decrease factors switch minimal and a bonus for brand spanking new leases or renewing your lease. Essentially the most precious profit to having Bilt standing may be the bonuses it will possibly unlock on Lease Day. Lease Day offers change every month, however up to now, Bilt supplied a switch bonus of as much as 150% for its top-tier elite members, which is an outstanding deal.

You may additionally get perks with companion manufacturers like reductions, complimentary flights and lounge entry with the airport helicopter switch service Blade. With Bilt Platinum standing, you will obtain Gold standing with Air France/KLM’s Flying Blue program (activation required), which will get you perks like precedence check-in and boarding and worldwide lounge entry when touring with a SkyTeam member airline, together with Delta.

As you’re employed in the direction of standing, you will additionally obtain Milestone Rewards for each 25,000 factors you earn. You’ll be able to select from the next Milestone Rewards:

• Double factors on Neighborhood Eating for seven days
• 2X Bilt factors at grocery shops for 30 days
• 2X Bilt factors at fuel stations for 30 days
• 2X Bilt factors on sports activities and live performance tickets for 30 days
• 1,000 factors to make use of towards a purchase order from the Bilt Assortment
• 5,000 qualifying factors towards the following standing degree (these factors can’t be redeemed; unlock as soon as you have earned 50,000 factors)
• 2X Bilt factors on digital pockets purchases for seven days (unlocks as soon as you have earned 75,000 factors)
• 10X Bilt factors in your subsequent three Lyft rides (unlocks as soon as you have earned 75,000 factors)
• $10 towards your subsequent health class booked by way of the Bilt app (unlocks as soon as you have earned 150,000 factors)
• 7,500 factors to make use of towards a purchase order from the Bilt Assortment (unlocks as soon as you have earned 225,000 factors)
• 4X Bilt factors at fuel stations for 30 days (unlocks as soon as you have earned 250,000 factors)

Incomes

To earn factors along with your Bilt Mastercard, that you must use the cardboard not less than 5 instances every assertion interval. If you happen to qualify, you will earn:

• 3X factors on eating
• 2X factors on journey
• 1X factors on different purchases.
• As much as 1X factors on lease funds with no transaction price (as much as 100,000 factors every calendar yr)

Bilt additionally has a number of ongoing affords that let you earn much more factors. As a part of Bilt’s month-to-month Lease Day promotion, you may earn double factors on the primary of every month (excluding lease, as much as 1,000 bonus factors). While you hyperlink your Lyft and Bilt accounts you may earn 2X factors on Lyft rides on high of the factors you earn from the cardboard you pay with.

You can too earn Bilt factors even if you’re not utilizing your Bilt card by linking your different bank cards to your Bilt pockets. Linked playing cards earn extra rewards at native eating places, health studios and different retailers within the Bilt’s Neighborhood Rewards community.

On high of that, because of a partnership with Walgreens, you may earn 2X Bilt factors on Walgreens branded merchandise, 1X Bilt factors on different Walgreens purchases and 100 Bilt factors on eligible prescription refills, and these bonuses are all on high of what you usually earn along with your bank card. Plus, you may routinely apply FSA or HSA advantages to eligible Walgreens purchases if you hyperlink these accounts to your Bilt Rewards account.

Redeeming

Bilt affords a variety of redemptions for its members, you may redeem Bilt factors for airways, inns, lease funds, assertion credit, towards a down fee on a house, health courses and merchandise. While you use Bilt factors to guide journey by way of Bilt, every level is price 1.25 cents, and factors are price 1.5 cents every if you redeem them towards a down fee on a home. The opposite redemption choices sometimes aren’t as precious, as you could obtain one cent per level or much less.

You’ll be able to maximize the worth of Bilt factors by transferring them to Bilt’s journey companions. You’ll be able to switch Bilt factors to those loyalty applications at a 1:1 ratio (except in any other case famous):

• Aer Lingus AerClub
• Accor Dwell Limitless (3:2)
• Air Canada Aeroplan
• Alaska Airways Mileage Plan
• Avianca Lifemiles
• British Airways Government Membership
• Cathay
• Emirates Skywards
• Flying Blue (Air France and KLM)
• Hilton Honors
• World of Hyatt
• Iberia Plus
• IHG One Rewards
• Marriott Bonvoy
• TAP Miles&Go
• Turkish Airways Miles&Smiles
• United MileagePlus
• Virgin Atlantic Flying Membership

With these switch companions, you may unlock unimaginable worth. For instance, you should use your factors with Flying Blue’s month-to-month promo rewards which supply rotating offers — resembling round-trip financial system award flights from the U.S. to Europe that sometimes price 25,000 miles or much less. Bilt can also be the one main versatile journey rewards program that transfers to Alaska Airways, making it an ideal possibility for topping off your Mileage Plan account.

The Bilt Mastercard has a $0 annual price and no international transaction charges. To your card’s APR, see the phrases. There’s a late price of as much as $40, a money advance price of $10 or 5% of the advance (whichever is larger) and a stability switch price of as much as 5% of the switch ($5 minimal).

The Citi Double Money® Card has a $0 annual price and earns a flat 2% again on all purchases (1% if you purchase and 1% if you pay). If you happen to will not earn factors on lease and do not spend closely on journey and eating, the Citi Double Money has the potential to be extra rewarding. If you wish to use Bilt factors for lease or merchandise, the rewards you earn with the Citi Double Money Card are extra precious.

Nevertheless, Bilt factors are higher in the event you’re on the lookout for journey rewards. The ThankYou factors you earn with the Citi Double Money solely switch to a restricted variety of journey companions at poor switch ratios except you pair it with a card just like the Citi Strata Premier℠ Card (see charges and costs).

Be taught extra: Citi Double Money® Card

Bilt Mastercard vs. Capital One Enterprise Rewards Credit score Card

The Capital One Enterprise Rewards Credit score Card might have a $95 annual price, however its welcome bonus is price $750 in journey, which is sufficient worth to offset that price almost eight instances over. The Capital One Enterprise Rewards card additionally earns not less than 2X miles on each buy. Capital One additionally has an extended listing of switch companions that rivals what you get with Bilt Rewards. The Enterprise card additionally comes with a International Entry or TSA PreCheck® utility price credit score price as much as $120.

Be taught extra: Capital One Enterprise Rewards Credit score Card

Examine financial savings accounts

For renters, the Bilt Mastercard has the potential to be an exceptionally rewarding bank card as a result of you may flip lease into rewards with out further charges. Bilt factors are additionally precious and Bilt’s month-to-month Lease Day promotion affords alternatives to dramatically increase that worth and earn extra factors.

Nevertheless, in the event you personal your property or in any other case do not pay lease, the worth of this card drops. If you happen to’re not incomes factors on lease, this card remains to be nearly as good as most of the greatest journey bank cards, nevertheless it would not stand out. Plus, it would not have a welcome bonus, which implies you are lacking out on the chance to earn tons of of {dollars} in worth that you simply’d have with many different playing cards on this class.

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For Capital One merchandise listed on this web page, a few of the advantages could also be supplied by Visa® or Mastercard® and should range by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.

Choose charges/charges to be taught extra in regards to the product options, phrases, and circumstances of the Bilt Mastercard.