Source: The Points Guy
Summary
Bilt Rewards offers a fee-free way to pay most rent and mortgage payments and earn Bilt Points on payments. Members can earn points on rent and mortgage payments even without a Bilt card, but using a Bilt card can provide more points and avoid fees. The Bilt Cash pathway allows users to earn 4% back in Bilt Cash on nonhousing purchases, which can be redeemed for points on housing payments. The housing-only rewards pathway earns points on Bilt housing payments with no transaction fee, based on everyday spending as a percentage of monthly rent or mortgage.
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Bilt Rewards offers a way to earn points on rent and mortgage payments, but the best option depends on individual circumstances. Using a Bilt card can provide more points and avoid fees. The Bilt Cash pathway and housing-only rewards pathway have different earning structures, and users should consider their monthly nonhousing spending and housing payments to determine the best option.
The Bilt Cash pathway can provide more value for those who spend more on nonhousing purchases, while the housing-only rewards pathway may be better for those who spend less. Ultimately, users should calculate their individual situation to determine the best way to earn Bilt points on housing payments.
And the true cost of “free” rewards is just a spreadsheet away.
Author: Evan Null
