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Bilt cardholders: Earn double points on non-rent spending one day each month

Sept. 26, 2022
4 min read
rent calendar
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Editor’s note: TPG founder Brian Kelly is a Bilt advisor and investor.

This story has been updated to reflect a 10,000-point cap on bonus points earnings.


If you carry the Bilt Mastercard, there’s a good chance you use it at the start of each month when you pay rent. There’s more reason now to keep it handy when the first day of the month rolls around.

Beginning in October, Bilt rewards is launching a new promotion it's calling “Bilt Rent Day,” which will take place on — you guessed it — the first of each month. As part of Bilt Rent Day, cardholders of the Bilt Mastercard will earn double points on all their non-rent spending that day.

While we often talk here at TPG about making sure you use the best credit card for the purchase you’re making, it’s not too often the date of the month figures into the decision equation.

Put a reminder on your phone or otherwise mark your calendar, though, because this could be a great way to earn extra points at the start of each month.

Bilt rewards refresher

Most Bilt Mastercard members probably closely associate the card with paying rent. After all, a primary benefit of the program is that you can use the Bilt card to pay and earn points on rent payments, as long as your rental property is part of the Bilt Rewards Alliance. Bilt cardmembers can earn one point per dollar spent on rent (capped at 50,000 points annually).

It’s a great option for renters, considering those monthly payments are likely the biggest monthly payments made; someone with a $1,700 monthly rent would pay $20,400 annually — thus earning 20,400 points — which can be transferred to a variety of loyalty programs at a rate of 1 point per dollar, including the American Airlines AAdvantage program.

There’s reason to use your Bilt Mastercard on other purchases too, though: cardholders also earn 3 points per dollar on dining purchases, 2 points per dollar on travel and 1 point per dollar on other non-rent spending.

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BILT

Bilt Rent Day bonus categories

Those non-rent spending categories are where Bilt Rent Day comes into play.

On the first of each month, cardholders will earn double their normal accrual rates on non-rent spending. That means cardholders will accrue 6 points per dollar on dining, 4 points per dollar on travel and 2 points per dollar on other non-rent spending categories. This certainly makes for some accelerated earning potential.

Sure, you can capitalize on a $100 meal out by earning 600 points instead of the usual 300 points. But when it comes to travel, if you can wait until the first of the month to make your purchase, you could really accelerate your earnings.

For instance, if you waited until the first of the month, on Bilt Rent Day, to book, say, a $350 flight for yourself and a traveling companion and $600 for a hotel, you’d earn 5,200 Bilt rewards points. That would get you a good portion of the way to a low-level redemption on American Airlines if you were to transfer your points to the AAdvantage program.

The cap is 10,000 bonus points.

Bottom line

Bilt is already a great way to earn points on rent, which is one of the biggest payments most people have each month. As part of the company’s new "rent day" promotion, though, cardholders of the Bilt Mastercard could earn big on non-rent purchases, too, making the first of the month a great time to book travel or go out to eat if you carry the card.

Featured image by HEMERA TECHNOLOGIES/ABLESTOCK.COM/GETTY IMAGES
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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TPG featured card

Best card for premium perks while traveling
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4 / 5
Go to review

Rewards

2 - 10X points
10XEarn unlimited 10X miles on hotels and rental cars booked through Capital One Travel
5X5X miles on flights booked through Capital One Travel.
2X2 Miles per dollar on every purchase, every day

Intro offer

75,000 bonus miles
Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel

Annual Fee

$395

Recommended Credit

740-850
Excellent
Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Why We Chose It

The Capital One Venture X card is one of the best all-round travel credit cards ever launched. Not only is it offering a tremendous welcome bonus, but cardholders can earn tons of miles on everyday spending and receive a 10,000-mile anniversary bonus to boot. Its annual fee is $395, but cardholders can count on up to $300 in statement credits toward travel booked through Capital One Travel each year and other valuable benefits like access to Priority Pass lounges and Capital One’s own growing family of airport lounges.

Pros

  • Excellent welcome offer worth 75,000 miles after you spend $4,000 on purchases in the first three months.
  • Up to $300 in annual travel statement credits toward bookings make through Capital One Travel.
  • 10,000 bonus miles (worth $100 toward travel) each account anniversary.

Cons

  • The $395 annual fee might be expensive for some, but this card’s benefits provide much more value than that.
  • If you don’t travel frequently, this might not be the best card for you.
  • Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
  • Receive up to $300 back annually as statement credits for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of options
  • Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
  • Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel
  • Earn unlimited 2X miles on all other purchases
  • Unlimited complimentary access for you and two guests to 1,400+ lounges, including Capital One Lounges and our Partner Lounge Network
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
  • Named editors' choice for "Best New Credit Card of 2021" by The Points Guy
  • Earn 10 miles per dollar when you book on Turo, the world's largest car sharing marketplace, through May 16, 2023
Best card for premium perks while traveling
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4 / 5
Go to review

Rewards Rate

10XEarn unlimited 10X miles on hotels and rental cars booked through Capital One Travel
5X5X miles on flights booked through Capital One Travel.
2X2 Miles per dollar on every purchase, every day
  • Intro Offer
    Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel

    75,000 bonus miles
  • Annual Fee

    $395
  • Recommended Credit
    Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    740-850
    Excellent

Why We Chose It

The Capital One Venture X card is one of the best all-round travel credit cards ever launched. Not only is it offering a tremendous welcome bonus, but cardholders can earn tons of miles on everyday spending and receive a 10,000-mile anniversary bonus to boot. Its annual fee is $395, but cardholders can count on up to $300 in statement credits toward travel booked through Capital One Travel each year and other valuable benefits like access to Priority Pass lounges and Capital One’s own growing family of airport lounges.

Pros

  • Excellent welcome offer worth 75,000 miles after you spend $4,000 on purchases in the first three months.
  • Up to $300 in annual travel statement credits toward bookings make through Capital One Travel.
  • 10,000 bonus miles (worth $100 toward travel) each account anniversary.

Cons

  • The $395 annual fee might be expensive for some, but this card’s benefits provide much more value than that.
  • If you don’t travel frequently, this might not be the best card for you.
  • Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
  • Receive up to $300 back annually as statement credits for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of options
  • Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
  • Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel
  • Earn unlimited 2X miles on all other purchases
  • Unlimited complimentary access for you and two guests to 1,400+ lounges, including Capital One Lounges and our Partner Lounge Network
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
  • Named editors' choice for "Best New Credit Card of 2021" by The Points Guy
  • Earn 10 miles per dollar when you book on Turo, the world's largest car sharing marketplace, through May 16, 2023