Bilt Alliance Perspective

As a resident of a Bilt Alliance Property, I have a few thoughts on everything.

1. I had the card to have fee-free rent payments. I had subscriptions on the card to use it enough to get points, but honestly never used the rewards program to the extent I should have. I really just liked using a cc to pay rent - points or not.

2. Bilt Alliance Properties pay rent through BILT regardless. I have a few options - ACH is free, but earns 250 points - I wonder if this is changing. Non-Bilt CC is a 3% fee. Debit card is $9.95, I think. Of course, the BILT Card is fee-free.

3. Regarding the transition, I'm thinking I'll just pay rent with ACH, get the autograph, and use it for dining and transit spend from now on. I never utilized the bilt rewards as much as I could - truth be told, the program is not designed for people like me, who live normal lives, who have a tight budget, who doesn't travel more than once a year, all that. BILT was always a rent rewards program - now it seems to be a lifestyle program. Not for me.

Overall, as a bilt alliance member, I'll still earn 250 points on ACH payments (unless that changes), so I'll still earn some points - and cash back is a better value for me than bilt points. This transition has been a wild ride to watch, but I don't think it's been handled very well, there's so many rumors, confusion, and people jumping the ship before it even hits the iceberg.