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Bilt, the company that rewards you for paying your rent, has announced a new partnership with Lyft.
Starting today, March 8, Bilt Rewards members and cardholders now earn up to 5x Bilt points when booking rides through the app.
Here’s everything you need to know.
How To Earn Up to 5x Bilt Points on Lyft Rides
To start earning bonus points on Lyft, you must first link your two accounts directly in the Bilt Rewards app.
Then, if you have the Bilt World Elite Mastercard® Credit Card, you can earn 5x points on all Lyft rides. Meanwhile, all other Bilt loyalty members (it’s free to join!) will still earn 2x Bilt points per dollar.
Remember that the following loyalty programs also partner with Lyft. Unfortunately, you can only choose one program to earn bonus points at a time:
- 1x Alaska MileagePlan miles per $1 spent
- 1x Delta SkyMiles per $1 spent
- 3x Hilton Honors points per $1 spent
- New: Up to 5x Bilt Rewards points per $1 spent
Compared to all of the options, opting to earn Bilt Rewards points makes the most sense as they’re worth an outstanding 1.8 cents apiece according to our estimations. That’s up to a 9% return on Lyft rides!
About Bilt Rewards
Bilt has come a long way since it came into the market in 2021, enabling its members and cardholders to earn rewards for paying their rent.
With the Bilt card, you can earn 3x Bilt Points on dining, 2x points on travel, and 1x points on rent (up to 50,000 points per calendar year) and on all other purchases. They’ve nicknamed the first of each month “Rent Day,” where members, and cardholders can earn double rewards on all purchases, excluding rent.
Bilt Points can be transferred to more than a dozen airline and hotel loyalty programs, including American Airlines AAdvantage and World of Hyatt. It’s easier than ever to search for live award availability, as the Point.me search tool integrated directly in the Bilt app.
Additional redemption options include select group fitness classes and even a down payment on a home.
With the addition of this partnership with Lyft, Bilt takes another step in making itself a valuable competitor to legacy points programs like American Express Membership Rewards and Chase Ultimate Rewards.
From rent, to dining, to travel, to rideshares, members and cardholders can earn bonus Bilt points on just about every 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.
Featured Image Credit: Bilt Rewards
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UP's Bonus Valuation
This bonus value is an estimated valuation calculated by UP after analyzing redemption options, transfer partners, award availability and how much UP would pay to buy these points.