The best way to Earn Factors By Paying Your Hire

Posted: 11/7/22 | November seventh, 2022

As an avid journey hacker, I’m all the time searching for new methods to earn extra factors and miles by means of my on a regular basis spending. Because of this, I earn over a million factors yearly, permitting me to get pleasure from every kind of free flights and resort stays, upgrades, lounge entry, elite standing, and extra.

Journey hacking has saved me hundreds and hundreds of {dollars} through the years, and I wouldn’t be capable of journey as a lot with out it.

Nevertheless, there’s historically been one big expense that has all the time been onerous to earn factors for: hire.

For years, journey hackers have taken benefit of non permanent presents that waive bank card charges or gone by means of complicated procedures to pay their hire so they might get factors.

However these maneuvers have been all hit and miss and by no means lasted lengthy. Hundreds of potential factors continued to be left on the desk.

Till now.

Earlier this yr, a card known as Bilt got here out. And it has modified the sport.

What’s Bilt?

Bilt credit card

Bilt is a bank card that means that you can earn factors once you pay your hire (in addition to on on a regular basis purchases). You then use these factors such as you would every other rewards program: you should utilize them to e book journey straight, you may switch them to journey companions, or you should utilize among the different redemption choices.

There are two methods to earn factors with the cardboard: by renting a Bilt Alliance property, or by utilizing the Bilt World Elite Mastercard®.

Bilt Alliance properties kind a community of two million models throughout the US. However I’m not going to deal with that. I’m going to speak about its bank card.

How does the Bilt reward card work?

When you open a Bilt Mastercard® (which is issued by Wells Fargo and has no annual price), you go to the Bilt app or web site to arrange your recurring month-to-month rental funds.

Bilt then creates a novel checking account tied to your Bilt bank card in order that your hire is paid with an e-check relatively than by means of your bank card. This checking account is mainly a authorized “dummy” account created as a workaround for bank card processing charges. You don’t use it for anything, and you don’t withdraw or deposit cash from it.

Every time these distinctive routing and account numbers are used to pay hire, your Bilt Mastercard® is charged for a similar quantity. (You continue to have to attach your private checking account to repay the cardboard every month.)

And, in case your property is old-school and solely accepts checks, you may nonetheless pay together with your Bilt card by means of the Bilt Rewards app, and Bilt will ship a verify in your behalf.

All of it takes about 5 minutes to arrange. While you’re executed, you’ll be incomes factors in your hire. I take advantage of it, so I don’t go away any factors on the desk.


Bilt Reward Perks

As soon as your account is about up, you’ll begin incomes one level per greenback spent utilizing the Bilt bank card on hire funds, as much as 50,000 factors every calendar yr. Whereas the mileage wanted without cost flights varies drastically relying on many components, for those who play your playing cards proper, that many factors might get you a free round-trip flight from New York to London.

And, whereas incomes factors for hire funds is Bilt’s important draw, you’ll additionally earn two factors per greenback spent on journey (when booked straight or by means of the Bilt Journey portal) and three factors per greenback spent on eating. You’ll get one level per greenback on all different purchases.

Simply be aware that it’s a must to make 5 purchases per 30 days (with no minimal spending requirement) to earn these rewards.

You may switch factors 1:1 to journey companions, together with American Airways, United, Emirates, Hawaiian, Virgin Atlantic, Air Canada, Air France/KLM, Hyatt, and IHG.

The truth that they switch to American Airways and Hyatt actually units this card aside (moreover the hire factor). Nobody transfers to American, so this can be a big promoting level for this card, as a result of it’s the one strategy to get AA factors with out having an AA card. And incomes Hyatt factors means that you can have a method out of the Chase system.

You can even redeem factors for health lessons, like SoulCycle, Solidcore, Rumble, and Y7, and for gadgets within the Bilt Assortment, a curated collection of artisan residence décor gadgets. However redeeming for health lessons comes out to round one level per cent — you get a greater redemption on journey purchases.

Moreover, purchases additionally allow you to earn standing within the Bilt Rewards program, primarily based on the entire factors earned yearly.

The tiers for these Bilt Rewards are as follows (subsequent tiers embody every thing within the aforementioned ones):

  • Blue: Earn factors on hire and the flexibility to switch them 1:1 to journey companions
  • Silver (25,000 factors per yr): 10% bonus factors once you signal a brand new lease or renew your lease, and curiosity in your factors stability (on the FDIC printed nationwide financial savings rate of interest)
  • Gold (50,000 factors per yr): 25% bonus factors for brand new leases/renewals and entry to a house possession concierge (who will stroll you thru the home-buying course of)
  • Platinum (100,000 factors per yr): 50% bonus factors for brand new leases/renewals and a free present from the Bilt Assortment of residence décor gadgets

Whereas the perks within the larger tiers aren’t terribly thrilling, they’re a pleasant strategy to earn much more factors in the event that they apply to you. However, even on the base stage, you may nonetheless benefit from Bilt’s important attraction: incomes factors on hire.

Along with incomes factors, the cardboard additionally provides you:

  • Journey cancellation safety and interruption protection
  • Journey delay reimbursement (for delays of six hours or extra)
  • Automobile rental collision protection
  • Cellular phone safety (as much as $800 USD)
  • No overseas transaction charges
  • A free three-month DashPass and $5 USD off your first DoorDash order every month
  • $5 USD Lyft credit score every month after taking three rides that month

Who is that this card for?

This card is fitted to anybody who desires to earn factors on their month-to-month hire. When you arrange the net funds (you can even arrange auto-pay) and use your card 5 instances a month, it’s largely a “set it and neglect it” form of card. With no annual price, you don’t have anything to lose and solely factors to achieve.

The cardboard is particularly geared towards vacationers and restaurant-goers, because it presents 2x factors spent on journey and 3x factors on eating out. It’s greatest paired with different journey bank cards which have higher perks, good welcome bonuses, and better incomes charges, although.

I’ll most likely begin utilizing the Bilt card as a substitute of my Chase Sapphire, as a result of I get quite a lot of Chase factors by means of enterprise spending, and I’m aiming to fly to Japan subsequent yr, so I would like these AA factors (AA is a companion with Japan Airways).


Who is that this card not for?

As with all journey bank card, you shouldn’t get the Bilt card for those who’re already carrying a stability or plan to hold a stability. Rates of interest for journey bank cards are notoriously excessive, and the Bilt card is not any totally different, with hefty APRs of 19–27%. The factors simply aren’t price it for those who’re paying curiosity every month.

This card can be not for anybody with poor credit score, as you want good or wonderful credit score to qualify.

Moreover, the Bilt card gained’t be for anybody searching for one with an enormous welcome bonus (as there may be none), and it does rely towards Chase’s 5/24 rule (you may’t open greater than 5 Chase playing cards inside 24 months). When you’ve already opened 5 Chase playing cards or wish to open extra, you may wish to skip this one for now.

In sum, in case you are a renter and wish to earn factors on this main month-to-month expenditure, then it’s price contemplating the Bilt card. It’s fully free, and straightforward to arrange, so there’s actually nothing to lose. Even when your hire isn’t significantly excessive, factors are factors, and the Bilt card might be a pleasant extra useful resource for incomes these coveted factors and miles (particularly for those who fly American Airways, as that is one in all their solely switch companions).


As the one rewards card that provides factors on hire fully without cost, Bilt is a welcome new participant within the journey area. In my view, it’s actually a no brainer for those who pay hire, so you can begin working towards some free flights and resort stays!

Click on Right here to Signal Up for Bilt!


E book Your Journey: Logistical Suggestions and Methods

E book Your Flight
Discover a low-cost flight by utilizing Skyscanner. It’s my favourite search engine as a result of it searches web sites and airways across the globe so that you all the time know no stone is being left unturned.

E book Your Lodging
You may e book your hostel with Hostelworld. If you wish to keep someplace aside from a hostel, use because it constantly returns the most affordable charges for guesthouses and resorts.

Don’t Neglect Journey Insurance coverage
Journey insurance coverage will defend you in opposition to sickness, damage, theft, and cancellations. It’s complete safety in case something goes improper. I by no means go on a visit with out it as I’ve had to make use of it many instances prior to now. My favourite corporations that provide one of the best service and worth are:

Able to E book Your Journey?
Try my useful resource web page for one of the best corporations to make use of once you journey. I record all those I take advantage of after I journey. They’re one of the best in school and you may’t go improper utilizing them in your journey.

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