Bilt Rewards, a loyalty program that means that you can earn rewards on lease (a typical expense that usually doesn’t earn most individuals rewards), simply launched a brand new option to redeem the rewards you’ve racked up.
On Thursday, June 30, Bilt launched a journey portal that allows you to redeem your factors at a worth of 1.25 cents every for bookings made by way of the portal. The portal is powered by Expedia so, by and enormous, any reserving out there on Expedia can be out there for redemption together with your Bilt Rewards factors.
And there’s one set of people that that is significantly useful to: individuals reserving a Disney journey.
What to know concerning the new Bilt Journey portal
The Bilt Rewards Journey Portal launched on Thursday, permitting clients to redeem their Bilt factors for greater than 500 airways, 700,000 properties and 120 automotive rental corporations.
Beforehand, Bilt clients may solely use factors to e book journey by transferring their Bilt factors to journey associate packages. And whereas that’s nonetheless doable, this removes one additional step — and may make utilizing factors to pay for journey a considerably simpler course of.
Bilt factors are price 1.25 cents every when redeemed for journey prices within the new portal (so 10,000 Bilt factors would equal $125 towards journey). Prospects can use a mixture of factors and money to cowl the price of a visit, and there’s no minimal variety of factors you will need to redeem. The brand new portal could be accessed by way of the Bilt Rewards app or on Bilt’s journey portal desktop web site.
If you happen to do use money to cowl the remainder of journeys booked by way of the portal, you’ll earn 2 factors per greenback spent when you use the Bilt Mastercard.
Utilizing Bilt Rewards to pay to your Disney trip
Bilt Rewards members can use rewards to e book Disney stays, flights and theme park tickets.
Disney stays
Few different journey rewards bank cards allow you to redeem your factors for Disney journeys. You possibly can definitely use your factors to e book at close by, off-property lodges with practically any journey bank card.
You will get fairly shut with sure Chase and American Specific playing cards by reserving the Walt Disney World Swan and Dolphin lodges, that are positioned on Disney property however are operated by Marriott. It is usually doable to e book Disney-owned lodges by way of sure Capital One playing cards, together with the Capital One Enterprise X Rewards Credit score Card, which has a $395 annual charge and allows you to e book at a charge of 1 cent per mile.
However Bilt Rewards will do you one higher, letting you redeem your factors at a worth of 1.25 cents every. That’s the identical charge that Chase Sapphire Most popular® Card cardholders can redeem their factors for within the Chase Final Rewards® portal — however Disney lodges can’t be paid for in Chase’s portal.
Within the Bilt portal, you’ll discover the identical Disney lodges provided by way of Expedia, however with the choice to pay with factors as a substitute of money. So, you could possibly spend roughly $350 on a lodge keep for October 2022 at Disney’s Port Orleans Resort – Riverside at Walt Disney World in Florida, or you could possibly half with 27,900 factors.
Disney tickets
Bilt Rewards members can equally e book Disney tickets with factors within the Bilt Rewards Journey portal by looking the “Issues to do” tab.
Different Disney-related experiences you would possibly have the ability to e book embody tickets to Drawn to Life, the Disney-themed Cirque du Soleil present working at procuring district Disney Springs.
Disney flights
Bilt Rewards may also help you e book your flights to Disney without cost, too. Factors could be transferred at a 1:1 ratio to quite a few airways, together with:
How Bilt works
The crux of Bilt is incomes rewards in your lease fee. If you happen to reside in a property that already companions with Bilt, you possibly can earn factors merely paying your lease within the Bilt Rewards app. You’ll earn a flat charge of 250 factors per month-to-month fee achieved this manner.
If you happen to reside someplace that doesn’t associate with Bilt (maybe you’re renting from a person landlord not related to a giant rental company), you possibly can nonetheless earn rewards to your lease fee — even when your landlord isn’t occupied with taking part in Bilt — and sure, even when they refuse to simply accept bank cards as a type of fee.
If you happen to’re the latter, it’s barely extra difficult, however not truly troublesome. You’ll have to use for the Bilt Rewards Mastercard. As soon as permitted, Bilt generates a singular routing and account quantity so that you can pay your lease as if it had been coming from a checking account.
When lease is due, Bilt will cost your Bilt Rewards Mastercard for a similar quantity, however the cash shall be paid by way of the checking account, which your landlord is extra prone to settle for versus a bank card.
Rewards are earned based mostly on how a lot you spend on the cardboard. You’ll accumulate 1 level per greenback spent on lease, as much as 50,000 factors every calendar yr. Say you wanted 27,900 factors for that night time at Disney’s Port Orleans Resort – Riverside. Renters paying a minimum of $2,325 month-to-month would web sufficient factors after a yr.
Moreover, cardmembers earn 2 factors per greenback spent on journey and three factors per greenback spent on eating. And also you’ll need to use your card on nonrent funds anyway. You solely earn the complete quantity of factors once you make a minimum of 5 eligible transactions every assertion interval, so that you’ll want to make use of the cardboard at 4 different retailers apart from your landlord. In any other case, your lease fee will earn you simply 250 factors.
Different causes vacationers would possibly like Bilt
Bilt has been turning traveler’s heads since its latest launch as a consequence of perks like:
-
No annual charge. The Bilt Rewards card is a $0-annual-fee bank card that provides different advantages which are aggressive with even some premium journey bank cards.
-
Sizeable journey protections. It provides some journey insurance coverage advantages, together with as much as $5,000 reimbursement for nonrefundable passenger fares in case your journey was paid for on the cardboard and is canceled for a coated purpose, in addition to auto protection for coated damages as a consequence of collision or theft for many rental automobiles.
-
No overseas foreign money conversion charge, which makes it an inexpensive card for worldwide journey.
-
Constructed-in journey advisor. You need to use World Elite Mastercard Concierge that can assist you e book dinner reservations, get lodge suggestions and extra.
Outdoors of reserving journey by way of the brand new Bilt journey portal, there are myriad different present methods to redeem Bilt Rewards factors, together with transferring them to journey companions (which embody IHG Rewards, World of Hyatt and United MileagePlus).
And when you’re placing a pause on journey, there’s one other redemption choice that you simply’ll nearly definitely use: You need to use your Bilt factors towards subsequent month’s lease fee.
Picture courtesy of Disney.
Learn how to maximize your rewards
You need a journey bank card that prioritizes what’s vital to you. Listed here are our picks for the finest journey bank cards of 2022, together with these finest for: