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Bilt World Elite Mastercard® (rates & fees) cardholders get up to 100% extra value on gift‑card redemptions for 24 hours on July 1, meaning your points can stretch twice as far at Uber, Nordstrom, Instacart and 120+ other brands.
Bilt Rent Day: What’s New This Month
Bilt is making its July Rent Day feel more like a festival than a finance promo. The centerpiece? A limited-time gift card redemption bonus that lets top-tier members double the value of their points across more than 125 major brands.
Here’s how it breaks down:
- Platinum members get a 100% bonus (double value)
- Gold: 75% bonus
- Silver: 50% bonus
- Blue: 25% bonus
With summer costs rising, especially on essentials, doubling the value of points for a day is a welcome way to stretch my budget without changing routines. Note that this excludes rent and there’s a cap of up to 1,000 bonus points per month. Additionally, cardholders must use the card five times each statement period to earn points (rewards and benefits).
From my own experience using Bilt to pay rent, I’ve found the points add up faster than expected, especially since they’re earned on payments that don’t usually qualify for rewards with other cards. (You can earn up to 100,000 points in a calendar year on rent purchases.) With the option to redeem those points for groceries, takeout, or everyday essentials, Bilt has become one of the more practical cards in my wallet. The July 1 bonus just adds even more value to spending I’d be doing anyway.
How To Earn and Redeem Bilt Points
Fortunately, redeeming your Bilt points on July 1 is simple. There’s no complex process of fine print to navigate. As long as you have the Bilt World Elite Mastercard® and points available, you can redeem them directly for gift cards through the Bilt app or website. The bonus value automatically applies on July 1. Just log in and choose from over 125 brands and enjoy up to 2X the value on redemptions.
This bonus is available only on July 1, from 12:00 AM EST to 11:59 PM PST, and includes popular names like Ulta, Macy’s, Uber, Instacart, and Nordstrom Rack.
For members sitting on a stockpile of Bilt Points, this could be one of the most valuable redemption options Bilt has ever offered.
Alternatives to the Bilt Rewards Credit Card
Why It Matters: Inflation, Everyday Expenses, and Free Perks
For cardholders already grappling with high grocery and gas bills this summer, this bonus helps turn unused points into real-life savings. Whether you’re grabbing groceries on Instacart or picking up skincare at Ulta to moisturize in this heat, this is a rare chance to make points work harder without needing to travel or book a flight.
And the perks don’t stop at gift cards. July’s Rent Day also includes:
- Double points on non-rent spending with the Bilt World Elite Mastercard® (up to 1,000 bonus points per month)
- 6X on dining
- 4X on travel
- 2X on everything else
- Neighborhood dining and fitness events in 17+ cities (Chicago, NYC, Los Angeles, Seattle, Houston and more).
- Free Rent Giveaway with comedian Andrew Schulz (20 winners this month, up to $2,500 in free rent)
- Complimentary SoulCycle and Barry’s Bootcamp classes
- Comedy club access in top cities like Chicago, Seattle, and NYC
- Free pigs in a blanket at Bilt’s NYC café on July 1, in partnership with American Bar
Should You Redeem Your Bilt Points on July 1?
If you’ve been waiting for a chance to make your Bilt Points really pay off, this limited-time bonus could be it. The catch is simple: the bonus only applies for one day. Miss it, and you’ll lose out on doubling (or nearly doubling) your points’ value.
For frequent Bilt users, especially those who regularly spend on groceries, dining, or everyday services, July 1 is a prime day to maximize rewards without changing your spending habits.
Looking for other ways to stretch your rewards? Whether you’re using Bilt or another card, make sure you’re getting the most from your everyday purchases. Explore our expert-curated lists: Best Credit Cards for Rewards and Top High-Yield Savings Accounts.
Bottom Line
The Bilt World Elite Mastercard® July 1 points redemption bonus is a rare opportunity to boost everyday savings. Whether you’re stocking up on groceries, ordering takeout, or snagging a gift, it’s a day to get more from your rewards.