
Overview
Bilt Rewards is a revolutionary payments and rewards program designed specifically for renters in the United States. The platform transforms rent payments, typically the largest monthly expense, into valuable rewards points. Bilt serves renters across the country, whether they live in the company’s property network of 4+ million homes or pay rent independently.
The app combines rent payment functionality with a comprehensive rewards ecosystem that includes neighborhood benefits, credit-building features, and flexible redemption options. Members can earn Bilt Points on rent payments, access exclusive local merchant benefits, and build credit history through automatic reporting to all three major credit bureaus.
Key Features
Rent Payment Rewards
Earn 1X Bilt Points on every rent payment up to 100,000 points annually
Credit Building
Free credit history reporting to Experian, Equifax, and TransUnion
Neighborhood Benefits™
Access exclusive perks at 50,000+ local merchants including restaurants, fitness studios, and pharmacies
Flexible Point Redemption
Transfer points 1:1 to 16 airline and 6 hotel partners
Rent Day® Rewards
Monthly limited-time benefits and transfer bonuses on the 1st
BiltProtect
Pay rent from checking account while still earning credit card points
Pros & Cons
Advantages
- No transaction fees on rent payments
- Builds credit history automatically
- Industry-leading transfer partners
- 24/7 customer support via app
- Comprehensive neighborhood benefits network
Limitations
- Must use a credit card 5 times monthly to earn rent points
- Limited to US renters only
- Points expire after 24 months of inactivity
- Some accessibility issues reported by users
- Requires Wells Fargo credit card for full benefits
Security Features
Bank-level encryption for all transactions and data transmission.
Categorization of user data into identity-linked data and anonymous data for improved data management.
Strict privacy practices with separate policies for different services.
Requirement of iOS 15.1 or later to ensure modern security features are supported.
Pricing & Fees
Service | Fee | Details |
---|---|---|
Rent Payments | $0 | No transaction fees for rent payments through the Bilt network |
Credit Card Annual Fee | $0 | No annual fee for the Bilt World Elite Mastercard |
Credit Building Service | $0 | Free reporting to all three credit bureaus |
BiltProtect Service | $0 | Pay from checking account, earn points with 5 monthly card uses |
Point Transfers | $0 | Free 1:1 transfers to airline and hotel partners |
Account Maintenance | $0 | No monthly or maintenance fees |
Getting Started
Detailed Ratings
Final Verdict
Bilt Rewards revolutionizes rent payments by offering genuine value without fees, making it essential for US renters. The platform excels in flexibility and reward value, though geographic limitations and card usage requirements may deter some users.