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.
