Hyperlink: Apply for the no annual charge Bilt Mastercard®
I’ve written extensively in regards to the Bilt Mastercard® (assessment), which is an progressive and rewarding bank card. The best promoting level of the cardboard is which you could earn factors for paying your lease (and anecdotally your HOA as properly). Better of all, the factors are fairly helpful, which can be why it is a card that I utilized for.
Bilt has an elite standing program, which is a reasonably distinctive perk for a bank card. Some main modifications have been made to this system as of 2024, and we have been promised the introduction of Milestone Rewards perks, whereby you possibly can unlock particular rewards for each 25,000 factors you earn, as you’re employed your technique to elite standing. Bilt has now revealed the main points of what this can appear to be, and you must positively handle your expectations.
Particulars of Bilt Milestone Rewards advantages
To begin, listed below are the necessities to earn Bilt’s numerous elite tiers:
- You possibly can earn Bilt Silver standing with 50,000 qualifying factors or $10,000 of eligible spending
- You possibly can earn Bilt Gold standing with 125,000 qualifying factors or $25,000 of eligible spending
- You possibly can earn Bilt Platinum standing with 200,000 qualifying factors or $50,000 of eligible spending
With the brand new Milestone Rewards program, you possibly can choose perks on the following tiers (that is based mostly on the variety of qualifying factors you earn, and never based mostly in your spending):
- 25,000 factors
- 75,000 factors
- 100,000 factors
- 150,000 factors
- 175,000 factors
With that in thoughts, let’s go over the perks which you could choose at every of these thresholds. Observe that in every case, you’ll obtain an e-mail and push notification within the app if you attain a brand new Milestone Rewards tier. Moreover, you’ll must make your choice earlier than the tip of the calendar yr, and also you’ll must activate your rewards interval by that deadline.
Bilt Milestone Rewards for 25,000 factors
When incomes 25,000 factors in a calendar yr, Bilt members can choose one of many following:
- Double factors on Bilt Eating for seven days, as much as 1,000 factors
- 1,000 factors for the Bilt Assortment
- 2x factors at grocery shops for 30 days, as much as 1,000 factors
- 2x factors at gasoline stations for 30 days, as much as 1,000 factors
- 2x factors on sports activities and live performance tickets for 30 days, as much as 1,000 factors
Bilt Milestone Rewards for 75,000 factors
When incomes 75,000 factors in a calendar yr, Bilt members can choose one of many following:
- Double factors on Bilt Eating for seven days, as much as 1,000 factors
- 1,000 factors for the Bilt Assortment
- 2x factors at grocery shops for 30 days, as much as 1,000 factors
- 2x factors at gasoline stations for 30 days, as much as 1,000 factors
- 2x factors on sports activities and live performance tickets for 30 days, as much as 1,000 factors
- 10x factors in your subsequent three Lyft rides, on as much as $25 of spending
- 2x factors on digital pockets purchases for seven days, as much as 1,000 factors
Bilt Milestone Rewards for 125,000 factors
When incomes 125,000 factors in a calendar yr, Bilt members can choose one of many following:
- Double factors on Bilt Eating for seven days, as much as 1,000 factors
- 1,000 factors for the Bilt Assortment
- 2x factors at grocery shops for 30 days, as much as 1,000 factors
- 2x factors at gasoline stations for 30 days, as much as 1,000 factors
- 2x factors on sports activities and live performance tickets for 30 days, as much as 1,000 factors
- 10x factors in your subsequent three Lyft rides, on as much as $25 of spending
- 2x factors on digital pockets purchases for seven days, as much as 1,000 factors
- Get 5,000 factors nearer to the subsequent standing tier
Bilt Milestone Rewards for 150,000 factors
When incomes 150,000 factors in a calendar yr, Bilt members can choose one of many following:
- Double factors on Bilt Eating for seven days, as much as 1,000 factors
- 1,000 factors for the Bilt Assortment
- 2x factors at grocery shops for 30 days, as much as 1,000 factors
- 2x factors at gasoline stations for 30 days, as much as 1,000 factors
- 2x factors on sports activities and live performance tickets for 30 days, as much as 1,000 factors
- 10x factors in your subsequent three Lyft rides, on as much as $25 of spending
- 2x factors on digital pockets purchases for seven days, as much as 1,000 factors
- Get 5,000 factors nearer to the subsequent standing tier
- $10 towards your subsequent health class
Bilt Milestone Rewards for 175,000 factors
When incomes 175,000 factors in a calendar yr, Bilt members can choose one of many following:
- Double factors on Bilt Eating for seven days, as much as 1,000 factors
- 1,000 factors for the Bilt Assortment
- 4x factors at grocery shops for 30 days, as much as 3,000 factors
- 4x factors at gasoline stations for 30 days, as much as 3,000 factors
- 2x factors on sports activities and live performance tickets for 30 days, as much as 1,000 factors
- 10x factors in your subsequent three Lyft rides, on as much as $25 of spending
- 2x factors on digital pockets purchases for seven days, as much as 1,000 factors
- Get 5,000 factors nearer to the subsequent standing tier
- $10 towards your subsequent health class
My tackle these Bilt Milestone Rewards perks
Bilt’s new Milestone Rewards perks are higher than nothing, however… that’s about all I can say? The rewards aren’t terribly thrilling to start with, however I’d say that the low caps on what number of bonus factors you possibly can earn are virtually comically stingy.
Like, you possibly can earn 2x factors on digital pockets purchases for seven days, and that’s capped at 1,000 factors? Remember that different playing cards simply outright supply 2x factors on all purchases. Moreover, for those who rack up 175,000 factors in a yr (which is rather a lot), your particular reward that’s not accessible at different tiers is $10 off a health class?
Look, the best way I view it, Bilt is superior for 3 causes:
- You possibly can earn factors for paying your lease by bank card with out paying a charge; so for those who lease and also you’re not utilizing a Bilt Mastercard, then you definitely’re lacking out on free factors
- The Bilt Mastercard is the only most well-rounded no annual charge card for somebody seeking to earn journey rewards
- For individuals who aren’t renting, the Bilt Hire Day promotions are actually what make this card and product profitable, as we’ve persistently seen 75-150% switch bonuses as a part of these affords, which makes for an unbelievable return on spending
The largest query for me relating to the long run worth proposition of this system is that if we’ll proceed to see these superb Hire Day promotions with big switch bonuses. These Milestone Rewards are in fact nothing compared to that.
Backside line
Bilt has lastly unveiled its Milestone Rewards advantages, and so they’re not a lot to get enthusiastic about. You possibly can earn rewards for each 25,000 factors the place you don’t qualify for an elite tier, although the rewards are minimal. Anticipate that at most tiers, you’ll get a most worth of round 1,000 factors, whereas on the highest tier, you possibly can earn as much as 3,000 incremental factors.
What do you make of Bilt’s Milestone Rewards?
