Bilt Mastercard: My Actual 1 YEAR review. Best Credit Card?

Hello credit lovers!!

Ever imagined your rent payments could actually reward you? That’s where the Bilt Mastercard® comes into play. For a year, I’ve been swiping this card for rent and dining, and let me tell you—it’s a keeper. From stacking up points on the regular to snagging double points on Rent Day, this card’s turned my biggest bill into big rewards.

I’m here to spill the tea on how the Bilt card has jazzed up my spending game, from earning to redeeming points, and why it could be the secret sauce your wallet’s missing. So, if you’re all about making your rent work for you, stick around. This ride’s been too good not to share!

What Is Bilt Credit Card?

The Bilt Credit Card is ONLY ONE special type of credit card that lets you earn points for paying your rent, without any extra fees. You can also get points for buying things, eating out, and traveling. These points can be used for travel, shopping, or even to help pay your rent in the future. It’s great for people who rent their homes and want to get rewards for their biggest monthly expenses.

My One-Year Journey with Bilt Mastercard

I embarked on my Bilt Mastercard journey in February 2023, focusing my usage on rent and strategically timing my dining expenses on Rent Day to maximize the double points offer.

Over the year, my points tally reached an impressive 65,186 Points, catapulting me to Silver status in the Bilt Rewards program.

About Bilt States, check and read this post:

BILT Rewards Status Tiers: A Beginner’s Guide

A Memorable Redemption Story

February 1st, 2024, marked a special day with Air Canada’s Aeroplan offering a tempting promotion — a 100% boost for Silver status members like myself.

This meant my 65,000 points instantly doubled to 130,000 in the Aeroplan program, an incredible gain by any measure.

The World Awaits with Air Canada Aeroplan

Armed with 130,000 Aeroplan points, my sights are set on Tokyo, Japan. Air Canada’s partnerships with United Airlines and ANA (All Nippon Airways) mean I have flexible options to plan my journey to the Land of the Rising Sun.

For a round-trip flight from New York to Haneda, Tokyo, it takes 100,000 points, but thanks to a 100% boost from my Bilt points, the actual mileage required for this trip was only 50,000 Bilt points.

The original cost of the fare through United Airlines was $1,363.00. Breaking it down:

The mathematical formula for the calculation is:

($1,363 / 50,000 Bilt Points) × 100 = 2.726 cents per point

This formula shows that each Bilt point used towards this flight has a value of approximately 2.726 cents/ pts.

Diverse Redemption Opportunities

Bilt Rewards doesn’t just stop at travel. Here are the various avenues for using your points:

• Travel: Beyond flights, points can be redeemed for hotel stays, car rentals, and unique experiences. The partnership with airline and hotel transfer partners enriches this option further.
• Rent Payments: A practical choice for many, using points to offset rent payments can ease financial pressures.
• Shopping: Dive into a curated selection of goods, turning points into tangible rewards.
• Unique Experiences: Bilt occasionally offers exclusive access to events or opportunities, adding an exciting layer to the program.
• Fitness Classes: For the health-conscious, points can keep you active with classes at popular studios.

The Bilt Mastercard, with its no annual fee, not only makes earning on rent payments possible but also empowers a lifestyle of rewards and opportunities. Whether you’re eyeing a dream vacation, looking to make rent more manageable, or simply wanting to indulge in life’s pleasures, the Bilt card opens doors to a world of possibilities.

Conclusion

my year-long journey with the Bilt Mastercard® has been nothing short of impressive. As the only credit card that rewards rent payments without any extra fees, it stands out as a highly valuable tool for renters like myself, offering a unique opportunity to earn rewards on our largest monthly expense. The ability to also earn points on dining, travel, and other purchases only adds to its appeal, making it a versatile choice for earning and redeeming points.

Over the course of a year, I not only accumulated a significant amount of points by strategically using my card on rent payments and dining, especially on Rent Day to maximize earnings, but I also achieved Silver status, enhancing the value of my points even further. The special promotion with Air Canada Aeroplan was the cherry on top, allowing me to double my points and plan an exciting trip to Tokyo, showcasing the power of Bilt’s partnerships and the additional leverage provided by elite status.

For anyone renting their home and looking to get more out of their monthly rent payments, the Bilt Mastercard® offers a compelling proposition. It’s not just about paying rent; it’s about transforming your biggest expense into an opportunity for travel, shopping, and even more rent payments. With no annual fee, a variety of redemption options, and the ability to boost your credit score, the Bilt Mastercard® may indeed be the best credit card for renters seeking valuable rewards and financial flexibility.

Whether you’re eyeing a dream vacation, aiming to enhance your credit history, or simply want to get rewarded for your everyday spending, the Bilt Mastercard® delivers. My personal experience over the past year confirms it’s a game-changer in the world of credit cards, especially for those of us paying rent.