Each month on Rent Day, Bilt delivers a new set of bonus opportunities for Bilt cardholders and members. The offers range from earning bonus points to enjoying special experiences just for members.

In celebration of July Rent Day, Bilt Rewards members can take advantage of a lucrative transfer bonus and status match with Alaska Airlines. You can also enjoy exclusive brunch experiences in select cities.

Other July Rent Day perks include SoulCycle rides, the RentFree game show and the final edition of Point Quest trivia.

Keep in mind: These offers are part of Bilt’s Rent Day series, an ongoing program that offers a daylong promotion on the first of each month. On this day, Bilt cardholders can earn double the points on non-rent purchases, plus other perks.

One quick reminder of some recent not-so-good news: Bilt has ended its relationship with American Airlines as a transfer partner, so it could be time to reevaluate whether you still have the right rewards credit card for your needs given that change.

Details about Bilt’s July Rent Day offers

July’s featured Rent Day benefit offers a huge transfer bonus and status match with Alaska Airlines. Plus, you can take advantage of exclusive brunch experiences with Bilt’s Neighborhood Dining program.

Boosted transfer bonus with Alaska Airlines

Bilt’s main offering for July’s Rent Day is the return of an excellent transfer bonus and status match opportunity with Alaska Airlines.

Bilt members will get a transfer bonus (based on their Bilt elite status) on the first 50,000 points transferred:

  • 25% bonus for Blue members
  • 50% bonus for Silver members
  • 75% bonus for Gold members
  • 100% bonus for Platinum members

Note that any amount transferred over 50,000 will not receive a bonus. The transfer bonus window opens on July 1, 2024, at midnight Eastern time and ends at 11:59 pm Pacific time. Point transfers are usually instant, and you’ll receive an email when your transfer is complete.

Status match with Alaska Mileage Plan

In addition to the transfer bonus with Alaska Airlines, when Bilt Gold and Platinum members transfer 10,000 Bilt points to the Alaska Mileage Plan between June 25 and July 1, 2024, they can receive the following status match with Alaska Mileage Plan:

  • Bilt Gold: Alaska MVP Status
  • Bilt Platinum:  Alaska MVP Gold Status

Status earned through this promotion is valid until Dec. 31, 2024. Also, miles transferred for the purpose of status matching aren’t eligible for the transfer bonus and don’t count toward the 50,000-point limit. Your Alaska Mileage Plan status will update within 14 business days.

Exclusive dining experiences

On July 1, Bilt members can enjoy exclusive dining experiences at some of their favorite neighborhood spots in these select cities:

  • Austin
  • Boston
  • Chicago
  • Dallas
  • Los Angeles
  • Miami
  • Houston
  • New York
  • San Francisco
  • Washington, DC

Reservations open June 27 by status level and are available on a first-come, first-served basis using Bilt points or an eligible card linked to the member’s Bilt account:

  • Noon Eastern time for Bilt Platinum members
  • 12:10 p.m. Eastern time for Bilt Gold members
  • 12:20 p.m. Eastern time for Bilt Silver members
  • 12:30 p.m. Eastern time for Bilt Blue members

Redemptions range from 6,000 to 10,000 points or a price of $75-125. These reservations tend to book quickly, so be ready at your time if interested.

Lost a transfer partner

Effective June 24, 2024, Bilt members can no longer transfer points to American Airlines. This was the only travel rewards card currency to have American Airlines as a transfer partner, which means this is a significant loss for people looking for ways to pad their American Airlines AAdvantage miles bank.

While the addition of Alaska Airlines as a Bilt transfer partner allows for partner bookings with American, it doesn’t quite match all needs.

Additional Rent Day benefits

RentFree game show

Play Bilt’s RentFree game show within the Bilt app for a chance at winning free rent. To enter the drawing, participants must correctly guess three of the most common responses to the game’s questions. Here’s what you can win:

  • The top 10 players win a free rent payment (up to $2,500)
  • The next 100 highest ranking players receive 1,000 Bilt points
  • The next 500 highest ranking players receive 100 Bilt points

This month’s host is Brooklyn Peltz Beckham, a popular chef, author and influencer. You can submit your guesses starting June 25 at noon Eastern through July 1 at 3 p.m. Eastern time. The episode airs at 4 p.m. on July 1.

Point Quest trivia promotion

Play Bilt’s Point Quest trivia on July 1 within the Bilt app for the chance to win up to 250 Bilt points. Earn up to 150 points by answering five trivia questions. Answer those five correctly and earn a shot at a bonus question worth an additional 100 points.

However, the promo video for July’s game indicates this will be the final month of the Point Quest trivia promotion.

SoulCycle Rent Day Rides

Bilt Members can book a complimentary bike at participating SoulCycle locations for Rent Day. These seats are first-come, first-served and bookings open by status level beginning June 28 at noon Eastern. One lucky rider will also win a month of rent (up to $2,500).

Please note that you will now be charged a $30 fee if you don’t attend and fail to cancel before 5 p.m. local time. You will also be prohibited from booking future SoulCycle rides on Rent Day.

Double credit card rewards

Renters can get more rewards with Bilt’s rewards credit card on the first of the month. Bilt Mastercard cardholders earn double the points on non-rent purchases made with the card for up to 10,000 bonus points, including:

  • 6X points on dining (normally 3X points)
  • 4X points on travel (normally 2X points)
  • 2X points on other purchases, excluding rent (normally 1X points)

This offer starts at midnight Eastern on June 30, and runs through 11:59 p.m. Pacific. As a reminder, to earn points you need to use your Bilt Mastercard at least five times per month.

Remember, though, Bilt points are only worth about .55 cents each when redeemed for rent; therefore, 1,000 points equals $5.50 toward rent. Other Bilt redemption options, in particular using Bilt’s transfer partners, will provide better value. According to Bankrate’s valuations, Bilt points are worth about 2.1 cents each when transferred to a high-value travel partner.

You can read more about the July Rent Day terms and conditions for more information.

Read the full article here

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