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Update 2/1/24: This massive transfer bonus from Bilt to Aeroplan is now live, as are the rest of the Rent Day promos.
Bilt continues to surprise and delight with its monthly Rent Day promos. Last Month, they offered a 75%-150% transfer bonus to both Virgin Atlantic and Flying Blue, as well as IHG.
How could February’s Rent Day top that? I’ll tell you how: a 75%-150% transfer bonus to Air Canada Aeroplan, one of our favorite airline programs.
The Deal
- Get a 75%-150% bonus when transferring Bilt points to Air Canada Aeroplan on February 1, 2024.
- Bonus rates depend on status in the Bilt Rewards program:
- Blue = 75% transfer bonus
- Silver = 100% transfer bonus
- Gold = 125% transfer bonus
- Platinum = 150% transfer bonus
- Blue members must transfer a minimum of 2,000 Bilt Points.
Other Rent Day Deals
- Bilt Spending Offer
- Earn double points on the Bilt Mastercard (up to 10,000 points) on 2/1/24:
- Dining – 6x points (normally 3x)
- Travel – 4x points (normally 2x)
- All other spend excluding rent – 2x points (normally 1x)
- Earn double points on the Bilt Mastercard (up to 10,000 points) on 2/1/24:
- Point Quest Trivia
- You can earn extra Bilt Points by answering trivia on “Point Quest” in the Bilt app on February 1st. Answer 5 questions, and you win up to 150 Bilt Points. Answer all 5 questions correctly and you’ll get access to a bonus question for another 100 Bilt Points to win a total of 250 Bilt Points.
- “Rent Free” Game Show
- When the Rent Day tab launches in the app, members can guess the top three answers to questions that were asked to 1,000 Bilt members
- Each member will get one entry into the free rent sweepstakes for each correct answer they get (up to three entries max, maximum of $2,500 per person)
- Monthly Rent Giveaway
- Enter for a chance to have next month’s rent paid for. For your chance to win, submit your name, home address and e-mail address to rentdayride.giveaway@biltrewards.com.
- Winner will be notified via Instagram
- SoulCycle and Rent Sweepstakes
- Bilt members can take a free class at SoulCycle locations nationwide on February 1st. Each class has up to ten free spots for Bilt members. Free classes are offered on a first-come, first-served basis and can booked in the app starting January 29th.
Quick Thoughts
With its impressive array of partners, competitive rates and flexible routing, Aeroplan is an excellent rewards program. Normally, we don’t advocate speculatively transferring flexible points to fixed airline or hotel programs, as it puts you at the mercy of future availability and/or devaluation. That said, a 75% bonus to Aeroplan is almost a no-brainer, regardless of whether or not you have an immediate use for the points. I’ll certainly be taking advantage of it, even though I only have ~10,000 Bilt points.
Aeroplan is also a 1-1 transfer partner of American Express, Capital One and Chase. This makes it fairly easy to supplement the points transferred from Bilt with some from another source to reach a useful award.
The rest of the promotions are the usual Rent Day fare. For cardholders, the Rent Day double spending offers make the 1st of the month the ideal time to hit your 5 transaction minimum in order to earn points on rent and card purchases. So, don’t forget to bust it out on February 1st.
Best Uses of Air Canada Aeroplan
- Add Stopovers for 5,000 miles: There's great value in the Aeroplan due to the ability to add a stopover on a one-way award for 5,000 additional miles, making it possible to combine two destinations on one award.
- Lap Infants: Lap infants are just $25 CAD or 2,500 miles per direction (far cheaper than what most programs charge).
- Travel within US and Canada: Aeroplan charges 6K to 22.5K miles each way in economy class or as low as 15K miles each way in business class within US and Canada
- Business Class to Asia and the South Pacific: Flights to Asia and South Pacific range from 55K-105K one-way in business class (plus 5K miles for a stopover), which can be a particularly good value for awards combining Asia and the South Pacific in one itinerary.
- Business Class to Africa (with a stopover in Europe): Flights to Africa can vary between from 60K to 100K in business class based on distance (add 5K miles for a stopover within Africa or Europe).
- Explore remote Canada for far less (Northwest territories for cheap!). In some cases, Air Canada only charges 12.5K miles one-way to remote stretches of Canada. See more here.
- See more best uses here: Best uses of Air Canada Aeroplan points
Things to Know
- How to find awards: Search for available space at Aeroplan.com (you’ll need to create a free Aeroplan frequent flyer account to search)
- Change and cancellation fees: Fees vary from $25 for a Flex fare change to $100 for a close-in saver change and from $75-$175 for cancellations.
- Key warnings: Cancellation fees can be high, particularly for close-in travel.
- Transfer from: Amex, Capital One, Chase, Marriott
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Can you transfer to another persons loyalty account? Thanks
Anyone know—does this transfer have to be done in 1,000 mile increments? (I.e., do I need to earn another 320 Bilt points by Feb 1st to be able to use all my points?)
If you have no status with Bilt, the minimum transfer for all partners is 2,000 Bilt points.
Oh and then yes, in 1K point increments.
Also in Bilt news, it put out a statement Wednesday saying (among other things) “Additionally, Bilt plans to venture into mortgage payment rewards.” No specifics.
I think they’ve always been aware that there is a market there but there was no need for them to rush — better to build something successful, then expand it rather than trying to do everything at once.
Yep – but unless you know something differently, this is the first time they’ve put out something public that’s this definitive on points for mortgage payments. It’s still not super concrete and there is no time frame, but I’ve always heard Richard Kerr answer the question more along the lines of “maybe someday, we know there is a lot of interest.” Not “stay tuned” or “not yet, but it’s a priority”. Maybe nothing will come of it before I get my mortgage paid off (good problem to have!), but this change – even if 0.5 Bilt points per dollar – would be a game changer for a lot of the FM audience if Bilt allows payment on any mortgage like they do with rent.
Wake up and smell the coffee, people.