All articles tagged with #rent payments
Bilt Card 2.0 introduces two fee-free housing-reward options: a new tiered points plan up to 1.25x based on how much of your rent you charge, and the original 4% Bilt Cash on everyday spending; no fees to earn on rent/mortgage, unlimited housing points (no cap), switchable monthly options, no hard pull for transition, with FAQs to answer questions.
Bilt is launching three new credit cards and a rewards currency, allowing both renters and mortgage holders to earn points on payments. Mortgage payments will start earning points on Feb. 7, expanding an already popular rent-rewards model into a more complex, broader rewards system.
Bilt 2.0 launches three cards—Blue (no annual fee), Obsidian (mid-tier), and Palladium (premium)—with fee-free rent/mortgage payments via a new Bilt Cash system. Palladium adds 2x points on everyday purchases and 1x on housing, plus a $400 hotel credit, Gold status, and big welcome bonuses (50k points and $300 Bilt Cash). All three offer 4% Bilt Cash on non-housing purchases and a first-five-days promo (5x up to 50k points). The goal is to maximize housing-related rewards while offering varying everyday perks; whether it’s worth it depends on your spending mix.
The article discusses the partnership between Bilt Rewards and Alaska Airlines' Atmos Rewards, highlighting the new Atmos Rewards premium credit card that offers 3x points for rent payments with a 3% fee, and the potential benefits of using this card to earn more points and elite status, especially for high spenders on rent. The author reevaluates the value of paying fees for higher rewards and considers switching strategies based on earning potential and rewards optimization.
Claire's Stores Inc., a popular jewelry and accessories retailer for young women, is nearing bankruptcy after skipping rent payments at several locations and facing ongoing financial difficulties since its 2018 bankruptcy reorganization, with a potential Chapter 11 filing imminent.
Bilt Rewards and Alaska Airlines have partnered, allowing Bilt Rewards points to be transferred 1:1 to Alaska Mileage Plan, marking the first transfer partner for Alaska. Additionally, those with an Alaska Visa Card can soon earn 3x Mileage Plan miles for paying rent through Bilt, albeit with a 3% fee. This collaboration offers an intriguing opportunity for earning miles and could signal a shift in how airlines engage with transferable points currencies.