Bilt Rewards introduces a rewards initiative enabling renters to accumulate points on rent payments, paving the way toward homeownership. Through collaboration with the largest real estate owners in the U.S., Bilt Rewards extends its program to encompass over two million rental units nationwide, granting tenants the opportunity to accrue points simply by paying rent.
Launched in June 2021, Bilt Rewards stands out as one of the most lucrative rewards programs available, offering benefits such as one-to-one point transfers for travel with over 100 major airlines and hotel partners, access to fitness classes at premier boutique studios, exclusive collections of art and home decor via the Bilt Collection, and the option to utilize points for rent credits or future down payments.
Additionally, Bilt has joined forces with Mastercard and Wells Fargo to introduce the Bilt Mastercard— the inaugural credit card enabling fee-free rent payments. In October 2022, Bilt announced a valuation of $1.5 billion post a $150 million growth round aimed at enhancing its renter loyalty program and credit card offerings.
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