Bilt is back with another Rent Day promotion that's sure to excite travelers. On Feb. 1, Bilt Rewards is offering a one-day-only transfer bonus to Air Canada Aeroplan – with massive bonuses if you've climbed the ranks of Bilt status.
Even everyday Bilt members get at least a 75% bonus when transferring Bilt points to Air Canada Aeroplan … or double that bonus at the top Platinum tier of Bilt status. Think of these transfer bonuses as a way to get free points and miles: You won't have to transfer as many points as you normally would to book an award flight through Air Canada.
Here's how the transfer bonuses shake out, depending on your Bilt status level:
- Blue (basic members): Get a 75% bonus on transfers to Air Canada Aeroplan
- Silver: Get a 100% bonus on transfers to Air Canada Aeroplan
- Gold: Get a 125% bonus on transfers to Air Canada Aeroplan
- Platinum: Get a 150% bonus on transfers to Air Canada Aeroplan
If you have Blue status, you'll need to transfer a minimum of 2,000 points to be eligible for the 75% bonus. But just like previous Rent Day promotions, you'll need to act fast: These bonuses are only available on Feb. 1!
Here's everything else you need to know about this month's Rent Day promo.
Related reading: Save Points When Booking Flights: Transfer Them to an Airline Partner
How Good are These Bonuses?
If you've got a stash of Bilt points, even the 75% transfer bonus being offered to Blue status members is a fantastic way to increase the value of your points overnight.
Aeroplan is the loyalty program of Canada's flag carrier Air Canada … but it's also one of the best airline loyalty programs, period, allowing you to book flights on dozens of Star Alliance partners as well as a growing array of other partner airlines.
It's one of the few airline mileage programs that seems to get better over time – not worse, even with a massive overhaul back in late 2020. Whether you're booking a flight from the mainland U.S. to Hawaii or an ultra-long-haul business class suite to the Middle East, Aeroplan is often your best bet.
A transcontinental flight from New York City (EWR) to Los Angeles (LAX) on partner airline United costs just 12,500 Aeroplan miles each way. But with a 75% (or more) transfer bonus, you'd only need to transfer 8,000 Bilt points to Air Canada to book this flight from coast to coast. And if you have a higher level of Bilt status, it's even cheaper.
If you want to try out transcontinental business class, you'll need to transfer just 15,000 Bilt points to fly at the front of the plane after factoring in this limited-time transfer bonus.
If you're looking for a beachside getaway, Hawaii is the answer. You can fly to the Hawaiian Islands for as low as 12,500 miles one-way in economy by booking through Air Canada. The key to scoring these rock-bottom awards is originating your flights on the West Coast from an airport like Los Angeles (LAX) or San Francisco (SFO) flying United.
Read more: 5 Ways to Book Flights to Hawaii With Points & Miles
One of our favorite ways to use Air Canada Aeroplan points is to book United Polaris business class flights to Europe. Aeroplan charges just 70,000 points one-way from several cities in the Midwest, like this flight from Chicago-O'Hare (ORD) to Munich (MUC). For comparison, United now charges at least 80,000 miles for the same exact flight.
With Bilt's Rent Day promo, you'll just need 40,000 Bilt points to fly in luxury … or as few as 28,000 points if you've got top-tier Bilt status!
Related reading: When Does it Make Sense to Speculatively Transfer Your Points?
Earn Double Points on Rent Day
There's another thing to keep in mind on Rent Day: You'll earn double the points (up to 10,000 bonus points) for every non-rent dollar spent on your *bilt rewards card* on the first of the month.
So long as you make at least five purchases each statement cycle, you'll earn points at the following rates on Rent Day:
- 6x Bilt points on dining (usually 3x); 16x at Bilt Dining restaurants
- 4x Bilt points on travel (usually 2x)
- 2x Bilt points on other spend (usually 1x)
This is all in addition to the 1x Bilt points you earn on rent payments with the Bilt Mastercard.
Read more: Paying Rent? You Need to Have This Card in Your Wallet
Learn more about the *bilt rewards card*.
Other Rent Day Staples
There's more in store for Bilt members on Feb. 1.
You can (and should) participate in Bilt's “Point Quest” Trivia for a chance to win additional Bilt points. It works like this: Boot up your Bilt Rewards app on Feb. 1, answer five questions, and win up to 150 Bilt Points. Answer all five questions correctly and you’ll get a bonus bonus question worth another 100 Bilt Points – for a total of 250 Bilt Points.
Point Quest is free to play, no matter if you've got a Bilt Rewards Card or not … and most importantly, it's fun!
Also returning from previous months is Bilt's “Rent Free” game show which gives Bilt Rewards members the opportunity to earn a month's worth of free rent by guessing three of the most popular answers to several different questions. Each month Bilt brings on a well-known individual to play its Family Feud-esque game show and determine how much free rent will be paid.
This month's guest is Canadian professional tennis player, Eugenie “Genie” Bouchard. You can play Rent Free beginning Jan. 26 at 9 a.m. ET.
Finally, Rent Day Rides is returning for another month. Bilt members can reserve a complimentary bike at one of the more than 50 SoulCycle locations around the country. One lucky rider at all the studios participating in Rent Day Rides will even win a free month of rent, courtesy of Bilt.
How to Use Bilt Rewards Points
Just because the points can be fairly difficult to earn, doesn't mean they aren't useful – just the opposite. There are many ways to use Bilt points. Once you've got them, they're some of the most valuable points in the world of travel.
The easiest way to use them is to book through the Bilt Rewards travel portal, where each point will be worth 1.25 cents apiece. That means 10,000 Bilt points are worth $125 toward travel.
But you'll get the best value for your Bilt points by transferring points to one of its 14 travel partners, including World of Hyatt, American Airlines, Turkish Airlines Miles & Smiles, United Mileage Plus, and British Airways Avios, among many others.
Just keep in mind that unless you've earned Bilt status, you'll need to transfer a minimum of 2,000 points to get started.
Here's the full list:
| Program | Type | Transfer Ratio |
|---|---|---|
| Aer Lingus Avios | Airline | 1:1 |
| Air France/KLM Flying Blue | Airline | 1:1 |
| Air Canada Aeroplan | Airline | 1:1 |
| American Airlines AAdvantage | Airline | 1:1 |
| Avianca LifeMiles | Airline | 1:1 |
| British Airways Avios | Airline | 1:1 |
| Cathay Pacific Asia Miles | Airline | 1:1 |
| Emirates Skywards | Airline | 1:1 |
| Hawaiian Airlines HawaiianMiles | Airline | 1:1 |
| Iberia Avios | Airline | 1:1 |
| Turkish Miles & Smiles | Airline | 1:1 |
| United MileagePlus | Airline | 1:1 |
| Virgin Atlantic Flying Club | Airline | 1:1 |
| World of Hyatt | Hotel | 1:1 |
| IHG Hotels | Hotel | 1:1 |
| Marriott Bonvoy | Hotel | 1:1 |
If you prefer to use your points for something other than travel, Bilt recently introduced the ability to “cash out” Bilt Rewards points (at a rate of .55 cents per point) by applying them as a statement credit to the outstanding balance on your Bilt Rewards Card. At approximately a half-cent per point, redeeming them this way represents poor value and should really only be done as a last resort.
Prior Rent Day Promotions
Over the months, Bilt has done a good job leveraging its partners to come up with some really creative (and often incredibly lucrative) promotions. While not every month's promo is a home run for travelers, the majority of Bilt's Rent Day promos do a good job engaging members on a day that's otherwise un-celebrated.
Here's a look back at some of the other Rent Day promotions from the past year:
| January 2024 | Up to 150% transfer bonus to KLM/Air France Flying Blue, Virgin Atlantic Flying Club, or IHG One Rewards |
| December 2023 | 2x points on holiday shopping |
| November 2023 | Up to 150% transfer bonus to Emirates Skywards |
| October 2023 | Bilt Experiences: NFL Suite & Game Tickets from 2.5K Bilt Points |
| September 2023 | Free SoulCycle Rides |
| August 2023 | Up to 150% transfer bonus to Virgin Atlantic |
| July 2023 | Get up to $25 in Lyft credit |
| June 2023 | Bilt's birthday celebration: Solve the puzzle and receive a present from Bilt |
| May 2023 | 100% transfer bonus to Air France/KLM Flying Blue |
| April 2023 | Complimentary World of Hyatt Explorist elite status |
| March 2023 | 50% bonus on points redeemed with Amazon |
| February 2023 | 100% transfer bonus to Hawaiian Airlines |
| January 2023 | Rent Day Challenge: Free rent (up to $2,500) for three people who correctly complete the challenge |
Most of Bilt's Rent Day promotions are centered on travel and even the ones that aren't are still valuable for most Bilt Rewards members. Looking at prior Rent Day promos, you have to wonder how Bilt will continue to raise the bar in the new year.
Bottom Line
Bilt just announced its Rent Day promo for February and it's a good one for travelers. Depending on your Bilt status level, you can get between 75% and 150% more points when transferring to Air Canada Aeroplan on Feb. 1.
If you've got a *Bilt Mastercard* in your wallet, you'll earn even more when you spend on the first of the month.