Rental days are back: Earn double the Bilt Rewards points from November 25 to December 1; get 100% bonus when transferring IHG on December 1st
Editor’s note: Brian Kelly, founder of TPG, is an advisor and investor of Bilt.
Bilt is back with a Monthly Lease Day deal; this time around, it will double the number of points earned to include Black Friday.
Bilt Rewards will double points for all purchases (excluding rent) made with a Bilt Mastercard between 12:01 a.m. PT on November 25 to 11:59 p.m. PT Ocean on December 1. This means that members will earn the following for purchases during the promotion period:
- Eating: 6 points per dollar.
- Traveling: 4 points per dollar.
- Other: 2 points per dollar.
This is a great way to maximize your Black Friday and Cyber Monday purchases. Plus, since cardholders earn 6 points for every dollar on dining out, it might be a good time to stock up on gift cards for your favorite restaurants. You can earn up to 50,000 bonus points during this promotion period.
In addition, Bilt will give 100% bonus to transfer arrive IHG One Rewards on December 1st. Points are usually transferred 1:1, so this promotion doubles the transfer rate to 1:2. In other words, 10,000 Bilt Rewards points transferred to IHG One Rewards is equivalent to 20,000 IHG One Rewards points.
That said, this may not be a big deal. TPG value Bilt Rewards points at 1.8 coins per point and IHG One Rewards points at 0.5 coins per point. So you are still losing value based on our valuation. Regardless, it might be worth it if you have a specific high value buyback in mind or need to fund your account for an upcoming purchase. convert IHG. Run the numbers and see if the transfer bonus makes sense for your upcoming travel.
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Finally, Bilt will be offering monthly Ride Together SoulCycle rides on December 1. Book a SoulCycle at one of the 56 participating locations through the Bilt app and you can bring a companion for free. on December 1st.
Related: Should you use a Bilt Mastercard? Why it can be a game changer for renters
bottom line
This month’s Rental Days promotion is extremely lucrative, as double earned points will last for seven days.
Consider using your Bilt Mastercard for Black Friday and Cyber Monday purchases to get more out of your holiday shopping. Again, TPG rates Bilt Rewards points at 1.8 cents each, so you’ll get 3.6% return on daily purchases and 10.8% cashback on dining.
Information about the Bilt Mastercard has been independently collected by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
