Originally Posted by
edealinfo12345
SADLY, none of these explain why only 15% of BILT users have got the credit card because that's the only mechanism that gets you 1 point per $1 of rent. The avg rent in the USA is $2K, which means an easy 24,000 points each year. Why do 85% of BILT users choose to forego this?
Some credit cards offer more than 1% for rent.
(a) My landlord charges a flat 3% (was 2.95% + $3.50). So any credit card which pays >4% might be better than BILT (only looking at cashback).
(b) Rent can be used for SUBs (new account or upgrade bonuses) which may be 10-40+% (as cash), and higher as transferred points.
(c) Bonus days (e.g. all purchases on day X receive an extra Y%) or special offers
My current rent setup gives 2.76% (without SUBs, 5.76% - 3% fee = 2.76%), higher with SUBs.