What is Bilt Rent Day? Everything You Need to Know

The Bilt Mastercard® made waves in the travel world as the only credit card that allows you to earn points simply by paying your rent and your mortgage.

One thing I like about Bilt is their monthly Rent Day, which gives you special transfer bonuses, free workouts, rent giveaway, and partner perks on the first of every month. It’s really cool and a great way to get some extra usage out of your points.

Here’s everything you need to know about it:

What is Bilt’s Rent Day?

For most renters, rent is due on the first of every month, making it something of a dreaded day. But Bilt aims to turn this day into one you can look forward to each time. I’ll go over each of these in more detail in the sections below, but the main features of Rent Day are these:

• Double earning capabilities on all categories (except rent payments) up to 1,000 points
• Point Quest
• Free rent giveaways
• Unique perks that change each month (i.e. different ways to earn or spend more points)
• SoulCycle Rent Day rides (complimentary SoulCycle rides)

Be sure to download the Bilt app as some Rent Day benefits are only available on the app (like Point Quest; more on that below).

While it really is that simple, here’s how you can start taking advantage of all that Rent Day has to offer.
 

How to Earn More Points on Rent Day

Since Bilt first launched Rent Day, double points on all categories have been a main feature, and it’s an easy one to get. All you have to do is use your Bilt Rewards Mastercard to make purchases on the first of the month, and you’ll instantly get double the points on that purchase.

That means you’ll earn:

• Bilt Blue Card: 2x on everyday purchases
• Bilt Obsidian Card: 6x on dining or grocery, 4x on travel, and 2x on everyday purchases
• Bilt Palladium Card: 4x on everyday purchases

It’s a no-brainer to make a habit of using your Bilt card for anything you buy on the first of the month. That way, you’ll get more points and be that much closer to hitting your required five transactions for the month.

Pro tip: For any reoccurring payments (like subscriptions) that hit your account on the first of the month, change the payment card on file to Bilt (assuming you can’t earn more points on these purchases with a different card). That way you’ll automatically get at least 2x points for these (more if they’re in travel or dining categories), while ticking off some of those five required transactions.

If you have subscriptions processing on other days of the month, call the company and see if you can move your billing to the 1st so you can get those extra points.

The only downside is that the maximum you can get is 1,000 extra points. It’s a bit stingy but it’s better than nothing!
 

Point Quest

While it’s easy to earn double points on your purchases on the first of the month, this Rent Day benefit makes you work for your points.

Point Quest is a game played on the Bilt app in which you can earn points for correct answers to trivia questions. There are always five questions to answer, and you’ll get 150 points if you get them all right, plus a sixth question, worth 100 points all on its own. That means you could earn up to 250 Bilt points playing Point Quest each month.

The questions are usually centered on that month’s theme. For example, when Bilt offered 5x points on sports tickets and NFL boxes as a Rent Day feature, the Point Quest questions were sports related. But don’t worry — the questions aren’t that hard. Even if you don’t know much about the theme that month, chances are you’ll still be able to answer at least a few questions.

Remember to download the app so that you can play. It takes just a couple of minutes and is an easy way to get some extra points on Rent Day.
 

Rent Giveaways

Another popular feature of Rent Day is the monthly free rent giveaways. This has taken different forms over the months, but the central tenet is the same: you could earn a month’s free rent just by playing.

In the past, Bilt created Rent Challenges in which you had to solve a puzzle of some kind in order to secure your entry to the giveaway. Challenges included finding Bilt’s logo hidden within a scene or fill-in-the-blank sentences to complete an idiom or popular saying. Some months, completing these challenges entered you to win not only a free month’s rent but free flights to destinations that Bilt was highlighting that month.

Over the past couple months, these challenges have been replaced with the Rent Free Game Show, in which comedians, creators, and other personalities answer questions to help Bilt members earn a chance to get their rent paid (up to $2,500 USD).

It works like this: Each month, Bilt randomly asks a thousand Bilt Members hypothetical questions. (These questions set the baseline for answers. Even if you aren’t randomly selected to participate, you can still win free rent.) These questions are all over the place, and in the past, have included things like: “Where is the worst place to get proposed to?” and “What foods do picky eaters hate?” and even “What’s the biggest red flag you see on dating apps?”

The Rent Free guest (the comedian or other personality) then tries to guess the consensus of Bilt members who answered. The more they get right, the more people’s rent Bilt will pay (up to 10 winners each month).

Then, on Rent Day, Bilt members have the chance to answer those same questions in the Rent Day tab of the app. If you guess correctly, you’ll be entered to win free rent for that month. So far, it doesn’t seem like there’s any limit on how many times you can try, so don’t worry if you guess wrong initially. Just keep trying until you get at least three correct answers, and you’ll be entered to win!

You can watch the game show on the Bilt app too, though it’s not required for entry.
 

Previous Rent Day Prizes

While Bilt doesn’t announce its Rent Day prizes too far in advance, to give you a sense of what they are like, you can look at perks from the past. While it’s nice that there are some Rent Day bonus mainstays, part of the fun of Rent Day is that you never know what they might offer up next month!

To give you an idea of what to expect, past rent day benefits have included:

• United Airlines Elite Status Match
• 7 days of double points: Black Friday through December Rent Day
• 100% transfer bonuses (more on these below)
• 50% Bilt Point redemption bonus for Amazon
• Up to $25 Lyft credit
• 5x points on sports tickets and a chance to use points to book NFL Box Seats

As you can see, most of these perks are one-offs, but one has happened a few times (albeit with different partners): transfer bonuses.
 

Perk Highlight: Transfer Bonuses

I want to talk a little more about Rent Day transfer bonuses, because while this isn’t a perk every month, it’s happened enough times that it’s safe to say we can probably expect them in some form on future Rent Days.

Bilt points are known as transferable points because you can move them to a variety of different programs.

Here’s Bilt’s list of current travel partners:

• Alaska Airlines
• AerClub (Aer Lingus)
• Aeroplan (Air Canada)
• Accor ALL
• British Airways
• Cathay Pacific
• Emirates
• Flying Blue (Air France/KLM)
• Hilton Honors
• Iberia
• IHG® One Rewards
• Marriott Bonvoy™
• TAP Air Portugal Miles&Go
• Turkish Airlines
• United
• Virgin Atlantic
• World of Hyatt®

For most partners, Bilt points transfer 1:1, meaning that if you transfer 25,000 Bilt points to, say, United, you’ll then have 25,000 United points.

But transfer bonuses are when you get more for your points when transferring them to another program. For example, if United is running a 100% transfer bonus in partnership with Bilt, you’d get double when moving your Bilt points to your UnitedPlus Mileage account. That means that those 25,000 points would become 50,000!

As you can see, this is an incredibly valuable Rent Day benefit. While credit card companies like American Express and Chase regularly offer transfer bonuses that run for periods longer than just one day, these are normally in the range of 10-40%, not the 100% that Bilt has offered on Rent Day several times now.

Transfer bonuses are one of my favorite Rent Day surprise benefits as they are an excellent way to instantly turn your existing points into even more points. I mean who wouldn’t want to transfer points and get double them?

I will say that, ideally, you don’t want to utilize these transfer bonuses unless you have a flight that you plan on booking immediately. As a general points and miles rule, you want to keep your transferable points as such instead of preemptively transferring them to a specific airline or hotel because transferable points are more flexible.

For example: say you took advantage of that hypothetical United bonus mentioned above and transferred all your Bilt points to United in order to double your points. But what if you later go to book a flight and the best deal at the time is with Virgin Atlantic? You won’t be able to take advantage of that flight since all your points are now with United.

I recommend using these transfer bonuses if they’re with brands that you use regularly (as then you know you’ll eventually use those points), but not transferring all your Bilt points. And when in doubt, keep your Bilt points (or any other transferable points) as they are until you’re ready to use them.
 

Rent Day offers a host of ever-changing benefits and perks and is one of the reasons that Bilt is my favorite card in my wallet right now. While you can only earn a welcome offer once, Rent Day comes 12 times a year, every year, meaning that as a Bilt cardholder, you’ll have that many more opportunities to earn more points — and maybe even a month’s free rent if you’re lucky!

If you pay rent and live in the USA, this card is a must. I really can’t recommend it enough!
 

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