Turn Your Monthly Rent and Mortgage Payments Into Value With Bilt

Sponsored By Bilt

Bilt is the membership for where you live that lets you earn rewards on rent, mortgage, and spending in your neighborhood.

Created By Brownstoner

Housing is one of the highest monthly costs for most people, with the average rent in New York City just under $4,000.

Bilt is making those hefty rent or mortgage bills a little less painful. The idea: You pay through Bilt and unlock neighborhood benefits with your Bilt Points — which can be used at local businesses, and on bigger things like travel or your next housing payment.

Imagine a New York City apartment renter named Sarah. By paying her rent through Bilt, which can handle checks as well as ACH and credit card payments from any card, she earns points every month. She can opt into free rent reporting to the major credit bureaus, which helps her build credit by reporting the payments she was making anyway.

Sarah has member-exclusive benefits in her neighborhood: She can receive complimentary items at her favorite yoga studio and earn extra points at her local coffee shop. The more she spends, the more points she accumulates, which she can use to book flights.

Here are a few things you can do with Bilt:

• Earn points on both rent and mortgage payments.
• Earn additional Bilt Points at over 50,000 neighborhood partners, including restaurants, fitness studios, pharmacies, parking garages, and more.
• Transfer your points to 1:1 major airline and hotel partners (like United, Hyatt, Marriott, and Hilton), which is handy if you’re planning a trip. According to The Points Guy, Bilt’s rewards are some of the most valuable out there.

Back to Sarah. Down the line, when she’s thinking about buying a home, she can use her points toward a down payment. And if she works with one of Bilt’s partner agents, she can earn one point per $2 spent on the home’s closing price–for example, 250,000 points on a $500,000 home.

Bilt also has a Neighborhood Concierge, which serves as a free personal assistant for members. It can help you book a table at tens of thousands of restaurants across the country, sign up for fitness classes, arrange home deliveries via Gopuff, and more. The more you use it, the more helpful it gets.

The bottom line: If you’re making rent or mortgage payments every month, Bilt is free to join, so it’s worth checking out. The program’s been growing fast—over six million members so far—and it could help you get more from the money you’re already spending on housing.

Ready to turn your housing payments into more? Check out the benefits of Bilt today.