Bilt has been hard at work creating value for its Bilt Rewards program that launched in 2021. This includes creating lucrative transfer partnerships, releasing a no-fee credit card, and rewarding renters for making payments.
Now, Bilt Rewards has added a new partner to its list, and it’s awarding points to link your accounts.
Let’s take a look at the details and whether it’s a worthwhile way to redeem your points.
This newest partnership comes on the heels of Bilt’s newly launched Bilt Rewards Travel Portal, where you can redeem your points at a value of 1.25 cents each.
However, you won’t get the same rate for Amazon. Instead, you’ll receive a value of just 0.7 cents apiece — less than half of our own valuation which pegs Bilt Rewards points at a value of 1.8 cents per point.
Still, to celebrate the launch, Bilt is giving members free points when they link their accounts.
You’ll receive 250 Bilt Rewards points for linking Bilt to your Amazon accounts and a further 250 points when using Bilt Rewards to pay for all or part of an Amazon purchase. This means you can link your account, use a single Bilt Rewards point on a purchase, and end up with 499 Bilt Rewards points. This isn’t a huge amount, but it’s worth $8.99 according to our valuations, so it’s worth putting in the few seconds of effort.
Note that the offer isn’t available to all Bilt Rewards members. You’ll need to hold the Bilt World Elite Mastercard® Credit Card in order to link and take advantage of the promotion.
Is It Worth It?
The short answer is no.
It’s not worth it to use your points on Amazon purchases. As we noted above, you’ll receive just 0.7 cents per point in value when redeeming this way. Not only is this less than half the value we assign each Bilt Rewards point, but Bilt also has transfer partners that can net you far more value for your points.
Take American Airlines, for example. Bilt is 1 of just 2 major transfer partners for AA, making this one of the more difficult airline mile currencies to earn.
Bilt Rewards points transfer at a 1:1 ratio to American Airlines, and AAdvantage miles can be used for some truly lucrative redemptions, such as this nonstop Qatar Airways Qsuites flight from Los Angeles (LAX) to Doha (DOH):
Paying just 70,000 miles for a 15+ hour flight is a great deal on its own, but here’s a look at the cash price for this ticket:
At this rate, you’ll be redeeming your AAdvantage miles (and thus your Bilt Rewards points) at a rate of 13.8 cents per point. You’ll note this is drastically higher than the value you’d get when redeeming for Amazon purchases.
Hot Tip: Find out all the best ways to redeem your Bilt Rewards points for maximum value in our full guide!
It’s never a bad thing when new options for rewards are introduced, but you’re better off redeeming your Bilt Rewards points somewhere other than Amazon.
Still, if you’re a Bilt cardholder, take advantage of the free 500 points being offered to link your account and make a purchase.
The information regarding the Bilt World Elite Mastercard® Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
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