Use the Bilt Points Calculator to estimate the total annual value of points earned from your Bilt Mastercard spending, helping you optimize your monthly transactions and maximize rewards.
Bilt Points Calculator
Bilt Points Calculator Formula
Where:
Total Points Earned = Min(Annual Rent, $50,000) + (3x Spend × 3) + (2x Spend × 2)
Annual Fee = $0 (for Bilt Mastercard)
Variables Explained
- Annual Rent Paid ($): The total amount spent on rent over a year. Bilt caps points earned on rent at 100,000 points per year, which equates to $50,000 in rent spend (at 1x) if you only use the card for rent.
- Annual 3x Category Spend ($): Total yearly spending in Bilt’s 3x categories (e.g., dining, Lyft rideshares).
- Annual 2x Category Spend ($): Total yearly spending in Bilt’s 2x categories (e.g., travel).
- Point Value (CPP): Your estimated value for each Bilt Point, typically 1.5 cents for travel partners or 1.25 cents when paying rent. This allows you to value your points based on your redemption strategy.
What is Bilt Points Calculator?
The Bilt Points Calculator is a financial tool designed to help Bilt Mastercard holders quantify the total monetary value of the rewards they earn annually. Unlike traditional calculators that only sum up points, this tool incorporates an estimated Cents Per Point (CPP) value, giving you a tangible dollar amount for your rewards. This is essential for evaluating the card’s true benefit, especially when considering alternative rewards cards.
By breaking down points earned across different spending multipliers (1x for rent, 3x for dining, 2x for travel), the calculator provides clarity on which categories are the most lucrative. It uses the known limitations, such as the 100,000 annual point cap on rent spending, to ensure the final calculation is as accurate as possible for the typical user.
How to Calculate Bilt Points Value (Example)
- Input Variables: Assume Annual Rent is $30,000, 3x Spend is $5,000, 2x Spend is $2,000, and Point Value is 1.5 CPP.
- Calculate Rent Points: $30,000 in rent × 1x = 30,000 points. (This is below the 100,000 point cap).
- Calculate 3x Points: $5,000 × 3x = 15,000 points.
- Calculate 2x Points: $2,000 × 2x = 4,000 points.
- Sum Total Points: 30,000 + 15,000 + 4,000 = 49,000 Total Points.
- Calculate Net Annual Value: (49,000 points × 1.5 cents/point) / 100 = $735.00. Since the annual fee is $0, the net value is $735.00.
Frequently Asked Questions (FAQ)
What is the maximum number of points I can earn on rent?
The Bilt Mastercard caps points earned on rent payments at 100,000 points per calendar year. This calculator accounts for that cap by limiting the rent spend that generates points to $50,000/year at the 1x rate.
Do I have to use the card 5 times to earn points?
Yes. To earn points on any transaction (including rent), you must use your Bilt Mastercard at least five times per statement period. The calculator assumes you meet this minimum transaction requirement.
Why is the Annual Fee $0 in the formula?
The Bilt Mastercard is notable for having a $0 annual fee. This feature significantly boosts the card’s net annual value, as there is no cost to offset your earned rewards.
What is a good Cents Per Point (CPP) value to use?
A conservative value is 1.25 CPP (for travel booked through the Bilt portal). However, transfer partners often allow for 1.5 CPP or higher. Using 1.5 CPP is a common estimate for optimizing travel redemptions.