How Much Are Bilt Rewards Points Worth? [13 FAQs]

The Bilt World Elite Mastercard^® Credit Card launched in June 2021. Its hook is that renters can pay their landlords using a credit card without any pesky fees and earn rewards along the way. Since then, the card has become widely popular among millennials and Generation Z as they look to maximize the benefits of paying their monthly rent.

Since the card launched, Bilt has added several options to redeem rewards with transfer partners. Now, the card has 16 transfer partners, among other ways to redeem rewards.

Here are a few frequently asked questions about Bilt Rewards, including how you can redeem them, what partners you can transfer to, and how to maximize them.

12 FAQs About Bilt Rewards

1. What Are Bilt Rewards?

Bilt Rewards is the loyalty program associated with the Bilt Card. Cardholders can earn Bilt Rewards points on their purchases.

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Bilt World Elite Mastercard^® Credit Card

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

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Bilt World Elite Mastercard^® Credit Card

Welcome Offer

No offer available

No offer available

Annual Fee

$0

APR

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Why We Like This Card

Never before has there been a credit card built specifically with renters in mind. Enter the Bilt World Elite Mastercard^® Credit Card, designed specifically to help renters earn rewards on their rent payments with no transaction fees.

Of course, aside from rewards on rent, there are many other solid features that the card offers that add extra value to cardholders. In this guide, we provide a complete breakdown of everything the Bilt Card has to offer to help you decide whether the card makes sense for you.

Pros & Cons

Pros

• 3x points per $1 at restaurants
• 2x points per $1 on travel booked directly with airlines, hotels, and car rental agencies
• 1x point per $1 on rent payments, without a transaction fee, up to 100,000 points each calendar year

Cons

• Does not offer a welcome bonus
• Must use the card 5 times each statement period to earn points

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Card Highlights

• $0 Annual Fee
• Earn 1x points on rent payments without the transaction fee, up to 100,000 points each calendar year
• Earns 3x points on dining
• Earn 2x points on travel
• Earn 1x points on other purchases
• Earn double points on the first of each month (excluding rent, up to 1,000 bonus points)
• Use the card 5 times each statement period to earn points
• Earn up to 5x Bilt points on Lyft rides when you link your Bilt account and pay with your Bilt card
• Point redemptions include airlines, hotels, future rent payments, statement credits, toward a down payment on a home, etc.
• Select “Learn More” to learn more about the product features, terms, and conditions

Financial Snapshot

• APR: See Rate & Fees
• Foreign Transaction Fees: $0

Bilt Card users can earn points for the following bonus categories:

• 3x points at restaurants
• 2x points on travel booked directly with airlines, hotels, and car rental agencies
• 1x points on rent payments with no transaction fee (up to 100,000 points each calendar year)
• 1x points on other eligible purchases

Additionally, on the first of each month (known as Bilt Rent Day), you can earn double points on all purchases (minus rent). However, to qualify for these earnings, you must make at least 5 qualifying transactions per month (See Rewards & Benefits).

Each redemption offers a different value, but transferring rewards to one of Bilt’s transfer partners, such as Hilton Honors and Alaska Airlines Mileage Plan, is likely to offer the most value.

2. Is Bilt Rewards Worth It?

The Bilt Card is awesome as it lets you earn rewards on your rent without any rent payment transaction fees, which is a rare opportunity. The combination of charging rent as a big purchase and then adding on smaller purchases like travel and dining makes it a valuable card. Plus, the Bilt Card gives you great consumer protections, including travel and purchase protections, no foreign transaction fees (rates & fees), and access to special events. If you’re a renter, it could be a great card for your wallet.

As a homeowner, it could be a bit of a harder sell. HOA payments can be charged to the Bilt Card, but the ability for homeowners to maximize the value of the card remains limited for now.

3. How Do I Check My Bilt Rewards Points?

You can check your Bilt Rewards balance in your account.

When you log in to the website, you will see your points balance in the upper right-hand corner.

When using the Bilt app, the points balance will be in a similar upper right-hand corner position.

4. How Much Are Bilt Rewards Points Worth?

We value Bilt Rewards at 1.8 cents per point. That means if you save up 100,000 Bilt Rewards points for your next trip, you’ll have roughly $1,800 worth of points. However, the actual value you achieve is determined by how you redeem the points.

Valuing any loyalty program is subject to subjectivity. Additionally, valuations can change rapidly as brands and companies devalue rewards based on business needs.

For example, Bilt recently ended its partnership with American Airlines AAdvantage, negatively affecting the overall value of the rewards.

As you’re earning rewards, be mindful of not only earning heaps of points but also redeeming them simultaneously. Letting points sit stale can be a net negative, as the value of the points can fall without warning as brands change their respective programs.

5. How Much Are 2,500 Bilt Rewards Points Worth?

According to our valuations, 2,500 Bilt Rewards points are worth $45.

6. How Much Are 5,000 Bilt Rewards Points Worth?

We value 5,000 Bilt Rewards points to be worth $90.

With 5,000 Bilt Rewards points, you can get a $25 credit towards rent, though this is far below our value of $90.

You could also book a fitness class in Chicago with 3,750 Bilt Rewards points worth an estimated $67.50 (though you could purchase this outright for $32, so it’s not a great redemption).

7. How Much Are 10,000 Bilt Rewards Points Worth?

With 10,000 Bilt Rewards points — worth an estimated $180 — you could have enough points for a free night at a Hyatt hotel when you transfer your points to World of Hyatt.

8. How Much Are 20,000 Bilt Rewards Points Worth?

We value 20,000 Bilt Rewards points to be worth $360 when redeemed for travel.

You could also make a purchase through the Bilt Collection and score a Beast Blender. These retail for $99, so, again, you’ll maximize your points by redeeming them for travel instead.

9. What Can You Use Bilt Rewards Points For?

Bilt Rewards points can be used for several different redemptions, including:

• Travel with various airline and hotel partners
• Booking travel on the Bilt Rewards Travel Portal (1.25 cents each)
• The Bilt Collection purchases, which includes a variety of art, home decor, and lifestyle goods
• Fitness classes
• Payment for part or all of your Amazon purchases (Bilt Card holders only, 0.7 cents each)
• Payment for part of your rent
• Saving for a home down payment
• Statement credit (Bilt Card holders only, 0.55 cents each)

10. How Much Are Bilt Rewards Points Worth in Cash?

Bilt Rewards aren’t redeemable for cash. The most cash-like redemption is redeeming your points towards your rent. Bilt Card holders can redeem their points as statement credits.

11. What Partners Can I Transfer Bilt Rewards Points To?

Bilt Rewards can be transferred to 12 airline partners and 4 hotel partners. Bilt occasionally runs transfer bonus promotions.

12. What Is the Best Way To Redeem Bilt Rewards Points?

Transferring Bilt Rewards points to a travel partner is one of the best ways to redeem points. Here are some of our favorites:

• Transfer points to Air France-KLM Flying Blue for Air France or KLM business class flights
• Transfer points to British Airways Executive Club for Qatar Airways Qsuite
• Transfer points to Cathay Pacific Cathay for British Airways first class
• Transfer points to Emirates Skywards for Emirates first class and business class flights and JetBlue Mint in the Americas
• Transfer points to Virgin Atlantic Flying Club for ANA business class and first class flights
• Transfer points to World of Hyatt for luxury hotel stays at properties like Grand Hyatt Kauai, Park Hyatt Maldives Hadahaa, Park Hyatt New York, and Alila Ventana Big Sur

13. Do Bilt Rewards Points Expire?

No, Bilt Rewards don’t expire. However, your account must stay open and active to retain your points. If your account is inactive or closed, your points are forfeited.

Final Thoughts

Bilt Rewards are unique as you can earn credit card points on rent, which is typically an expense you can’t put on a credit card. However, this card shouldn’t be the only card you use for your expenses, as other cards may reward you at a higher rate.