Advanced bonus category optimization - Revision history

Editor: /* Paying Rent with Bilt */

2021-09-21T21:48:15Z

‎Paying Rent with Bilt

Editor: /* Paying Rent with Bilt */

2021-09-21T21:34:28Z

‎Paying Rent with Bilt

Editor: /* Paying Rent with Bilt */

2021-09-21T21:33:50Z

‎Paying Rent with Bilt

Editor: /* "Rotating category" tips */

2021-09-21T21:33:12Z

‎"Rotating category" tips

Editor: /* Paying Rent with Bilt */

2021-09-21T21:32:20Z

‎Paying Rent with Bilt

Editor at 20:58, 9 September 2021

2021-09-09T20:58:37Z

Editor: /* Paying Rent with Bilt */

2021-08-04T05:00:04Z

‎Paying Rent with Bilt

Editor: /* Paying Rent with Bilt */

2021-08-04T04:59:30Z

‎Paying Rent with Bilt

Editor: /* Paying Rent with Bilt */

2021-08-04T04:58:29Z

‎Paying Rent with Bilt

Editor: /* Paying Rent with Bilt */

2021-08-04T04:53:59Z

‎Paying Rent with Bilt

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 <center>{{Tile|quarterly categories}}</center>
 </ul>
 === The Cash Card ===

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 The Bilt card also offers one of the most valuable reward rates on restaurant spending—3x points, valued at {{Value|UR|3}}%.
-When they launched, they had a confusing system where you needed to meet certain thresholds of non-rent spending in order to unlock different reward rates for your rent purchases. Fortunately, this system has been scrapped, but you still need to make at least 5 purchases per month and you are limited to rewards on $50,000 of rent payments per year. [[Make 30 charges per month|Meeting the minimum charge threshold]].
+When they launched, they had a confusing system where you needed to meet certain thresholds of non-rent spending in order to unlock different reward rates for your rent purchases. Fortunately, this system has been scrapped, but you still need to make at least 5 purchases per month and you are limited to rewards on $50,000 of rent payments per year. [[Make 30 charges every month|Meeting the minimum charge threshold]].
 '''As an alternative, you could leverage a service like Plastiq to use your rent payments to meet minimum spending requirements and earn extra credit card signup bonuses'''. Rather than earning 1x rewards with Bilt, you could pay your rent with a bill paying service.  With Plastiq, you'll pay 2.85% on the rent amount (rather than earning {{Value|UR}}%), but doing so will enable you to earn some extra, very-valuable signup bonuses every year. {{Link|payment services}}.

@@ Line 137: / Line 137: @@
 The Bilt card also offers one of the most valuable reward rates on restaurant spending—3x points, valued at {{Value|UR|3}}%.
-When they launched, they had a confusing system where you needed to meet certain thresholds of non-rent spending in order to unlock different reward rates for your rent purchases. Fortunately, this system has been scrapped, but you still need to make at least 5 purchases per month and you are limited to rewards on $50,000 of rent payments per year. [Make 30 charges per month|Meeting the minimum charge threshold].
+When they launched, they had a confusing system where you needed to meet certain thresholds of non-rent spending in order to unlock different reward rates for your rent purchases. Fortunately, this system has been scrapped, but you still need to make at least 5 purchases per month and you are limited to rewards on $50,000 of rent payments per year. [[Make 30 charges per month|Meeting the minimum charge threshold]].
 '''As an alternative, you could leverage a service like Plastiq to use your rent payments to meet minimum spending requirements and earn extra credit card signup bonuses'''. Rather than earning 1x rewards with Bilt, you could pay your rent with a bill paying service.  With Plastiq, you'll pay 2.85% on the rent amount (rather than earning {{Value|UR}}%), but doing so will enable you to earn some extra, very-valuable signup bonuses every year. {{Link|payment services}}.

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 </ul>
-'''Bold text'''=== Paying Rent with Bilt ===
+=== Paying Rent with Bilt ===
 '''If your landlord "doesn't take credit cards, it can be worthwile to pay your rent with [//www.biltrewards.com Bilt]'''. If you get the Bilt credit card, you can earn rewards when you pay your rent, even if your landlord doesn't normally accept credit card payments. Even better, you can convert your Bilt points into Hyatt points, or into AA, Air Canada, Emirates, Air France/KLM, Turkish, Virgin Atlantic or Hawaiian miles. You should be able to get values of over 1.5 cents per point and there is no annual fee.

@@ Line 125: / Line 125: @@
 </ul>
-=== Paying Rent with Bilt ===
+'''Bold text'''=== Paying Rent with Bilt ===
-'''If you can't normally pay your rent with a credit card, you may want to use a service called [//www.biltrewards.com Bilt]'''. If you get their credit card, you can earn rewards when you pay your rent, even if your landlord doesn't "take credit cards". Even better, you can convert your Bilt points into Hyatt points, or into AA, Air Canada, Emirates, Air France/KLM, Turkish, Virgin Atlantic or Hawaiian miles. You should be able to get values of over 1.5 cents per point from Bilt.
+'''If your landlord "doesn't take credit cards, it can be worthwile to pay your rent with [//www.biltrewards.com Bilt]'''. If you get the Bilt credit card, you can earn rewards when you pay your rent, even if your landlord doesn't normally accept credit card payments. Even better, you can convert your Bilt points into Hyatt points, or into AA, Air Canada, Emirates, Air France/KLM, Turkish, Virgin Atlantic or Hawaiian miles. You should be able to get values of over 1.5 cents per point and there is no annual fee.
 {{Image|Bilt.png}}
-Even though the charge will show up on your credit card, Bilt will actually pay your landlord either by check or via a special relationship with some of the nation's largest corporate landlords.
+'''Even though the charge will show up on your credit card, Bilt will actually pay your landlord either by check or via a special relationship with some of the nation's largest corporate landlords'''.
-The following table shows you the reward rate for rent at Bilt's different spending threshold and when using Bilt may make sense.
+The Bilt card also offers one of the most valuable reward rates on restaurant spending—3x points, valued at {{Value|UR|3}}%.
-Of course, you'll need to make sure to hit the appropriate plateau, to try not to spend any more than the threshold amount (to avoid missing out on even more rewards on your non-rent spending), and to factor in the 4,000 point monthly maximum.
+When they launched, they had a confusing system where you needed to meet certain thresholds of non-rent spending in order to unlock different reward rates for your rent purchases. Fortunately, this system has been scrapped, but you still need to make at least 5 purchases per month and you are limited to rewards on $50,000 of rent payments per year. [Make 30 charges per month|Meeting the minimum charge threshold].
-'''As an alternative, you can use a service like Plastiq to pay your rent'''. You'll pay 2.85% on the rent amount (rather than Bilt's opportunity cost on non-rent spending), but you can use the spend to meet credit card minimum spend requirements and earn some extra signup bonuses every year. {{Link|payment services}}.
+'''As an alternative, you could leverage a service like Plastiq to use your rent payments to meet minimum spending requirements and earn extra credit card signup bonuses'''. Rather than earning 1x rewards with Bilt, you could pay your rent with a bill paying service.  With Plastiq, you'll pay 2.85% on the rent amount (rather than earning {{Value|UR}}%), but doing so will enable you to earn some extra, very-valuable signup bonuses every year. {{Link|payment services}}.
 === The Cash Card ===

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 {{CardItem|nusenda}}
 '''Nusenda Credit Union Platinum Rewards Card'''. Earns 5% on up to $1,500 per quarter just like the Discover It Card, but without the first-year bonus. No annual fee.
 {{/List|card}}

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 Of course, you'll need to make sure to hit the appropriate plateau, to try not to spend any more than the threshold amount (to avoid missing out on even more rewards on your non-rent spending), and to factor in the 4,000 point monthly maximum.
-As an alternative, you can use a service like Plastiq to pay your rent. You'll pay 2.85% on the rent amount (rather than Bilt's opportunity cost on non-rent spending), but you can use the spend to meet credit card minimum spend requirements. {{Link|payment services}}.
+As an alternative, you can use a service like Plastiq to pay your rent. You'll pay 2.85% on the rent amount (rather than Bilt's opportunity cost on non-rent spending), but you can use the spend to meet credit card minimum spend requirements and earn some extra signup bonuses every year. {{Link|payment services}}.
 === The Cash Card ===

@@ Line 130: / Line 130: @@
 === Paying Rent with Bilt ===
-If you can't normally pay your rent with a credit card, you may want to use a service called Bilt. If you get their credit card, you can earn rewards when you pay your rent, even if your landlord doesn't "take credit cards". Even better, you can convert your Bilt points into Hyatt points, or into AA, Air Canada, Emirates, Air France/KLM, Turkish, Virgin Atlantic or Hawaiian miles. You should be able to get values of over 1.5 cents per point from Bilt.
+'''If you can't normally pay your rent with a credit card, you may want to use a service called [//www.biltrewards.com Bilt]'''. If you get their credit card, you can earn rewards when you pay your rent, even if your landlord doesn't "take credit cards". Even better, you can convert your Bilt points into Hyatt points, or into AA, Air Canada, Emirates, Air France/KLM, Turkish, Virgin Atlantic or Hawaiian miles. You should be able to get values of over 1.5 cents per point from Bilt.
 {{Image|Bilt.png}}
@@ Line 136: / Line 136: @@
 Even though the charge will show up on your credit card, Bilt will actually pay your landlord either by check or via a special relationship with some of the nation's largest corporate landlords.
-Somewhat confusingly, the standard reward rate on rent is based on the amount of non-rent purchases you place on the card each month. For example, if you spend $1,000 on non-rent purchases, you'll earn 1 point per dollar on your rent. The total number of points you can earn on rent payments is 4,000 per month. If you live in a building operated by one of Bilt's partners, you might get special offers above the base rate.
+'''Somewhat confusingly, the standard reward rate on rent is based on the amount of non-rent purchases you place on the card each month'''. For example, if you spend $1,000 on non-rent purchases, you'll earn 1 point per dollar on your rent. The total number of points you can earn on rent payments is 4,000 per month. If you live in a building operated by one of Bilt's partners, you might get special offers above the base rate.
 Since you only earn 1 point per dollar on your non-rent purchases, the more you use the card on non-rent purchases, the more you'll miss out on your rewards. In affect, your non-rent spend is what you need to pay in order to unlock rewards for your rent. For example, if you used the Chase Unlimited Combo, you'd could have earned 1.5 Ultimate Rewards points per dollar, rather than 1 Bilt point per dollar, on your non-rent spend (and transfer your points to a similar set of partners).

← Older revision		Revision as of 04:53, 4 August 2021
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	If you can't normally pay your rent with a credit card, you may want to use a service called Bilt. If you get their credit card, you can earn rewards when you pay your rent, even if your landlord doesn't "take credit cards". Even better, you can convert your Bilt points into Hyatt points, or into AA, Air Canada, Emirates, Air France/KLM, Turkish, Virgin Atlantic or Hawaiian miles. You should be able to get values of over 1.5 cents per point from Bilt.		If you can't normally pay your rent with a credit card, you may want to use a service called Bilt. If you get their credit card, you can earn rewards when you pay your rent, even if your landlord doesn't "take credit cards". Even better, you can convert your Bilt points into Hyatt points, or into AA, Air Canada, Emirates, Air France/KLM, Turkish, Virgin Atlantic or Hawaiian miles. You should be able to get values of over 1.5 cents per point from Bilt.
		+
		+	{{Image\|Bilt.png}}

	Even though the charge will show up on your credit card, Bilt will actually pay your landlord either by check or via a special relationship with some of the nation's largest corporate landlords.		Even though the charge will show up on your credit card, Bilt will actually pay your landlord either by check or via a special relationship with some of the nation's largest corporate landlords.