*The Bilt Mastercard® has been discontinued
Bilt Rewards members can now earn points on their next rideshare.
The rent rewards program announced a partnership with Lyft, where general Bilt loyalty members earn 2X points on all rides when linking their Bilt and Lyft accounts, and Bilt Mastercard® cardholders earn up to 5x Bilt Points on Lyft rides when you link your Bilt account and pay with your Bilt card.
To link your accounts, simply open the Lyft app, head to the "Rewards" page via the left-side menu and select Bilt as your preferred loyalty partner. Note that you can only earn rewards with one partner program at a time, so if you are currently enrolled to earn rewards through Delta SkyMiles, Hilton Honors or Alaska Mileage Plan, you'll no longer earn those points on Lyft rides.
This new Lyft partnership marks an additional category where Bilt Mastercard users can be rewarded for their spending. Cardholders also earn points on paying rent without a transaction fee, dining and travel.
The no-annual-fee credit card (see rates and fees) is also part of the World Elite Mastercard program, which essentially means more benefits for cardholders. These perks include the following:
- Cellular Telephone Protection up to $800 a year in coverage per claim as long as you use the Bilt Mastercard to pay your cell phone bill. Subject to $25 deductible (See rewards/benefits)
- Purchase security (theft and damage protection)*
- Exclusive merchant discounts with brands like Lyft
- Access to the Mastercard Luxury Hotels & Resorts portfolio for amenities like upgrades, free breakfast and property credits at over 3,000 hotels
- 24/7 complimentary World Elite Concierge Service for all your personal assistant needs
* Please review the Bilt Mastercard® Guide to Benefits for details.
If you frequently ride Lyft and are looking to maximize your spending, you can also earn bonus points with either the Chase Sapphire Reserve® (5X Chase Ultimate Rewards® points on Lyft rides plus a new $10 monthly in app Lyft credit through September 2027; see rates and fees) or the Chase Sapphire Preferred® Card (5X points on Lyft rides through September 2027; see rates and fees). However, both of these cards have annual fees.
The Chase Sapphire Reserve® is a standout premium credit card with luxury perks including, hotel credits, complimentary hotel elite status, travel credits, dining credits, rideshare and delivery benefits and much more.
- Access Priority Pass lounges, including unlimited access to Chase Sapphire Lounge® by The Club locations.
- Up to $300 in annual travel credit each account anniversary year
- You can transfer rewards to all of Chase's travel partners including World of Hyatt, Southwest Rapid Rewards and many more
- Top-tier travel and shopping protections
- High annual fee
- Requires a high credit score
- Complicated list of benefits
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 100,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.
- Get $3,000 in annual value with Sapphire Reserve.
- Earn 8x points on all purchases through Chase TravelSM, including The EditSM and 4x points on flights and hotels booked direct. Plus, earn 3x points on dining worldwide & 1x points on all other purchases
- $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
- Access over 1,300 airport lounges worldwide with a complimentary Priority PassTM Select membership, plus every Chase Sapphire Lounge® by The Club with two guests. Plus, up to $120 towards Global Entry, NEXUS, or TSA PreCheck® every 4 years
- Get up to $150 in statement credits every six months for a maximum of $300 annually for dining at restaurants that are part of Sapphire Reserve Exclusive Tables.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance, no foreign transaction fees, and more.
- Get complimentary subscriptions to Apple TV and Apple Music for a minimum of one year when activated by June 22, 2027, a value of $288 annually.
- Member FDIC
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
How to redeem Bilt Points
Bilt members have options when it comes time to cash in.
Bilt Points can be redeemed through the app on future rent payments or towards a future down payment on a home, fitness classes and, for those looking to get away, travel with over 100 airlines and hotels. Some of Bilt's travel partners include United, Hyatt and IHG. Alternatively, you can redeem points through the Bilt Travel Portal.
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Bottom line
Bilt Rewards members can now earn points on even more of their everyday expenses. If you live in a city where you pay monthly rent and rely on rideshare often, becoming Bilt Mastercard® where you earn bonus rewards in both categories can pay off.
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For rates and fees of the Bilt Mastercard®, click here.
Select rates/fees to learn more about the product features, terms, and conditions of the Bilt Mastercard.
