Tag Archives for bilt.
Fifteen months ago Bilt raised $150 million at a $1.5 billion valuation. It became one of the fastest companies to ever become a ‘unicorn’.
Now they’ve raised an additional $200 million at a $3.1 billion valuation.
Bilt Rewards get ‘first to know’ advance reservations for New York City Restaurant Week, January 16 – 24. Plus, take advantage and earn up to (3) $10 statement credits on $45+ spend at participating restaurants.
Answering this question starts with looking at the transfer partners each program has (they’re all different), which partners provide the most value, and also how flexible each currency is when you want to use your points directly against a paid ticket or hotel night rather than redeeming for a free flight or free hotel award night.
Wow wow wow. On New Year’s Day “Rent Day” January 1st, Bilt Rewards is offering up to 150% bonuses on points transfers to Air France KLM, Virgin, and IHG One Rewards. They call this “2023’s Most Loved Benefits Return” a repeat of some of their best offers from the prior year, together on one day. These are bigger transfer bonus offers than we see from other programs.
Loyalty programs are really two components bundled in one: recognition and reward. Earn and burn of points matters, but so do elite benefits, which entail better treatment for your best customers.
Bilt Rewards has been mostly an earn and burn program to do, and a very lucrative one at that. But when they launched they clearly recognized the need for an elite level and built out the skeleton of one.
Avianca LifeMiles is a popular Star Alliance frequent flyer program for U.S. members because they sell miles inexpensively on a regular basis, and because you can transfer points into their program from several different credit card currencies.
They have generally reasonable redemption pricing with no fuel surcharges, though getting customer service when things go wrong can be challenging at times.
For Rent Day, the first of each month, Bilt Rewards offers regular promotions like double points and transfer bonuses to its travel partners. For the upcoming month Rent Day offers start early to coincide with Black Friday and Cyber Monday. And they have (7) offers overall.
Marriott may be offended by this. Bilt probably won’t like it either. But I’m laying down truth here, and it’s simple math. Marriott points transfers are simply a low value use of Bilt points. You can transfer to Air Canada Aeroplan, United or American, Turkish and more. Anyone paying a little bit of attention can do better than a transfer to Marriott.
Bilt will offer up to a 150% transfer bonus to Emirates Skywards on December 1 for ‘Rent Day’ as well as special dining offers on top of their usual monthly bonuses and free points available.
News about Bilt’s latest Rent Day promotion is out. As usual there’s double points on their co-brand card; free Soul Cycle classes; free points for answering trivia; and opportunities to earn free rent.
Special for October 1’s Rent Day they’re offering 5x points-earning on their credit card for sports ticket purchases (up to 10,000 bonus points), and launching Bilt Experiences with an opportunity to redeem points for NFL game tickets, including for hosted suites.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
