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Old Oct 2, 2023 | 8:07 am
  #373  
josephstern
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Originally Posted by Dr Jabadski
Granted, but could conceivably max out Ink approvals/SUBs while still having capability for additional (Hyatt CC) approvals/SUBs.

Kind of a lengthy answer. The Cliffs Notes* version is upon receipt of a new Bilt MC an email is often received stating (paraphrasing): “Your Bilt Mastercard has been delivered! … offer you 5X points on all of your eligible purchases (excluding rent) for the next 5 days … Terms: … only valid for 5 days from the date this email … earn a total of 5 rewards points, (1 base point plus 4 bonus points), per $1 spent on net purchases … maximum … 50,000 points… must make at least 5 transactions each statement period using your Bilt Mastercard to earn points.” I refer to it as "quasi" due to the 5 day timeframe.

I documented my recent experience with Bilt application, receipt, quasi-SUB in a series of posts on the Bilt thread starting on 9/1/23. This post discusses the quasi-SUB, this post clarifies the quasi-SUB max.

(* Cliffs Notes: a series of pamphlets with summaries and basic analyses of works of literature intended as study aids, is a company that makes books that tell you the gist of a certain topic; in other words “the short version” – of which my posts rarely are .)
Just to further clarify, to max out, you'll need $12,500 of purchases since the base point does not count from the 50K max. Only the 4x bonus points count toward the 50K max. This assumes 1x spending - not sure what happens if you spend in bonus categories in this period. I know they get to 5x also, but I'm not sure if the 5x bonus pool of 50K gets used after 1x or after the normal amount (2x or 3x).
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