Bilt Mastercard® Review: Earn Points on Rent

For most people, rent is the single largest monthly expense, but traditionally it hasn't earned rewards. That's where the Bilt Mastercard (See Rates & Fees) changes the game.

This is the only credit card that lets you earn points on rent without a transaction fee, regardless of whether your landlord accepts credit cards or not. Bilt provides a Bilt-generated routing and account number for ACH payments, and will send a check to landlords who don't accept electronic payments.

Pair that with no annual fee, solid everyday earning rates, and a growing ecosystem of lifestyle and travel perks, and you've got one of the most well-rounded no-annual-fee cards on the market.

How Points Work

To earn points on the Bilt Mastercard, you must make at least 5 transactions per statement period. Once that's met, here's how the earning breaks down:

Bonus categories require merchant coding to match Mastercard’s definitions. See Rewards & Benefits Terms.

Rewards on Rent

Rent is often the single biggest expense for many households, and now it can finally earn rewards. With Bilt, you can earn on your monthly rent payments without the transaction fee (See Rates & Fees). Here’s how the main rent-earning cards compare:

Why Bilt Stands Out

• No transaction fee on rent (unique among credit cards)
• Free credit reporting: Rent payments can be automatically reported to Experian, Equifax, and TransUnion, helping you build credit history
• Rent Day® bonuses: Double points (excluding rent, capped at 1,000 bonus points), exclusive fitness classes, and surprise promos every month
   

Why Atmos™ Ascent May Appeal

The Atmos™ Ascent Visa Signature® Credit Card (formerly the Alaska Airlines Visa Signature® card) earns 3X miles on rent payments, but charges a 3% transaction fee. It’s best for frequent Alaska Airlines or oneworld travelers who value airline miles more than flexible Bilt Points.
 

This way, renters can decide:

• Go with Bilt Mastercard® for flexibility, travel partners, and no transaction fee on rent.
• Or choose Atmos™ Ascent Visa Signature® Credit Card if your goal is building a stash of Alaska Airlines (Atmos) miles and you’re comfortable with the 3% fee.

Rent Day Bonuses

On the first of each month, Bilt Mastercard cardholders unlock Rent Day perks:

• Double points on non-rent purchases (up to 1,000 bonus points per month)
  • 6X dining
  • 4X travel
  • 2X other qualifying purchases (excluding rent)
• Complimentary fitness classes at SoulCycle, Barry's, and more (first-come, first-served via Bilt app)
• Game show-style giveaways where creators play to help users win rent payments

Other Ways to Earn Points

• Lyft rides:
  • 3X Bilt Points when paying with the Bilt Mastercard
  • 2X Bilt Points when linking your Bilt and Lyft accounts
• Dining out: Earn up to 3X extra Bilt Points at participating restaurants via Bilt Dining, stacked on top of your card's regular rewards
• Neighborhood Benefits™: Earn bonus Bilt Points at fitness studios, pharmacies, restaurants, and other local partners, even if you're not using the Bilt card

Redemption Options

Use your Bilt Points for:

• Travel bookings via the Bilt Travel Portal (over 500+ airlines and 700K+ hotels)
• 1:1 transfers to top travel partners like World of Hyatt, American Airlines, and more
• Fitness classes, Amazon purchases, gift cards, Lyft rides, student loans, rent payments, or even a down payment on a home

Neighborhood Benefits™

Beyond rent and travel, the Bilt Mastercard® unlocks Neighborhood Benefits™, giving you more ways to earn and redeem rewards where you already spend.
 

These benefits let you stack points at restaurants, gyms, pharmacies, and rideshares. Here’s how it works:

• Neighborhood Dining: Earn up to 3X Bilt Points at participating restaurants when you pay with a linked card. At select partners, members can also receive complimentary menu items, seamless checkout, or exclusive experiences.
• Neighborhood Fitness: Book classes at partner studios and earn up to 3X Bilt Points per dollar. Some partners also include complimentary add-ons like mat or glove rentals, bottled water, or recovery shakes when booked through the Bilt app.
• Neighborhood Pharmacy: At Walgreens, Bilt members can automatically apply FSA/HSA savings. For example, eligible prescriptions earn +2–3X Bilt Points, plus automatic healthcare savings when shopping with any card linked to your Bilt account.
• Neighborhood Rideshare: Link your Bilt and Lyft accounts to earn 2X Bilt Points on eligible rides. Pay with the Bilt Mastercard and stack an additional 3X Bilt Points (for a total of up to 5X). You can also use Bilt Points directly in the Lyft app to cover all or part of a ride.

Key Benefits

The Bilt Mastercard® includes the following benefits:

• No Foreign Transaction Fee ( See Terms )
• Trip Cancellation and Interruption Protection: Receive reimbursement for the nonrefundable cost of your common carrier fare if your trip is canceled or interrupted for a covered reason.
• Trip Delay Reimbursement: Get reimbursed for eligible expenses incurred if a trip is delayed over six hours -- benefit amount up to $200 per day, per traveler; maximum of $1,800 for all covered travelers.
• Auto Rental Collision Damage Waiver: Pay for rental transactions with an eligible card and receive reimbursement of up to $50,000 if covered damage to or theft of your eligible rental vehicle occurs.
• Purchase Security (theft and damage protection): Get reimbursed for the cost to repair or replace an item purchased with your Bilt Mastercard® in the event of covered damages or theft within 90 days of purchase.
• Cellular Telephone Protection: Get up to $800 of cell phone protection per claim against damage, theft, and unintended separation when you pay your monthly phone bill with an eligible card. Subject to a $25 deductible.
• Concierge Service
• Lyft Credits: $5 Lyft credit when you take 3 rides in a calendar month and pay with your Bilt Mastercard®
   

A maximum benefit amount applies, along with certain restrictions and limitations. Please review the Bilt Guide to Benefits for details.

BiltProtect™: Pay Rent Without Using Credit

With BiltProtect, you can pay rent using your bank account (ACH), and Bilt will process the payment via the Bilt Mastercard network, earning points on rent without using your credit line. This is helpful for those who want to avoid using up available credit or prefer to treat rent like a debit transaction.

Final Thoughts

The Bilt Mastercard is an excellent option for renters who want to earn rewards without the usual friction. You'll get value from it even without spending outside of rent, but it becomes more powerful when you take advantage of travel and dining multipliers, Rent Day bonuses, and unique redemption options like mortgage down payments.

Unlike typical rewards cards, it's focused on everyday lifestyle, not just travel, which makes it especially appealing for younger professionals and urban renters.