A primary focus of Bilt Mastercard‘s launch last year was its novel ability to earn rewards by paying rent, a welcome addition to the points and miles universe. Today, Bilt announced that it’s greatly expanded on that capacity by enabling users to generate a routing and account number via the Bilt Rewards App. This allows the renter to use existing rent payment systems such as ClickPay or RentCafe or directly pay the landlord electronically.
Bilt shared some screenshots of the payment flow with us. On the Bilt Rewards app, a Bilt Rent Account can be activated. Under the “pay rent” tab, you’ll find the following screen:
Once you click through, Bilt will automatically generate a copyable routing and account number:
This number can then be entered into any online payment portal and used to pay rent. Renters earn 1 point on every dollar up to a total of 50,000 points/year
This is a clever additional feature that greatly increases the usability of this portion of the program. Previously, if the landlord wasn’t in the Bilt Rewards Alliance (which of course most weren’t) you had to have a physical check sent. While this worked, by all accounts it was a somewhat cumbersome process. Adding the ability to instantly generate a routing/account number makes it almost universally applicable and much more streamlined.
There are other ways to earn rewards for paying rent that may offer more rewards depending your individual situation, this makes Bilt undoubtedly the simplest, easiest way to do it. While 1x isn’t earth shattering, Bilt has a very good slate of transfer partners that makes it easy to get more than 1 cent per point value.
Note: you do need to make at least 5 transactions per month on your Bilt card in order to earn points on rent. See this post for more detail: Re-Bilt: rent rewards card makes big improvements
If you are interested in the Bilt card, you can skip the waitlist with code FM4BILT. Note that Frequent Miler doesn’t recieve any sort of compensation for this — Bilt simply passed on a way for readers to skip the waitlist.