Incomes airline miles whereas paying lease is a win-win scenario — and Bilt Rewards has formally expanded this profit to Alaska Airways cardholders.
“We’re excited to launch this first-of-its-kind partnership with Alaska Airways, enabling Alaska Mileage Plan members to earn as much as 3x Alaska miles only for paying lease by Bilt at any house within the nation,” mentioned Bilt Rewards’ chief technique officer, Brandt Smallwood, in an unique assertion shared with T+L.
Vacationers with the Alaska Airways Visa Signature® Credit score Card can earn 3x MileagePlan miles per greenback on lease, as much as $50,000 per calendar 12 months. That’s a possible complete of 150,000 annual miles simply by paying one of the crucial frequent month-to-month bills, although any lease spend above this threshold will nonetheless earn 1 mile per greenback.
Nonetheless, cardholders ought to know that paying lease will incur a 3% payment. For example, a renter who spends $2,500 each month would earn 7,500 Alaska miles however pay $75 in transaction charges.
To get began, cardholders should hyperlink their account on the Bilt Rewards app. Then, they’ll rating the bonus factors by paying month-to-month lease with the Alaska Airways Visa card, which might be deposited inside 7-10 enterprise days, in line with Bilt.
Alaska miles are thought to be one of the crucial helpful airline currencies on the market. By taking a fast take a look at the airline’s award chart, vacationers can work out whether or not the additional expense is admittedly price it:
- Home flights with a distance underneath 700 miles with associate American Airways: 4,500 miles
- Alaska Airways flights to Hawaii: 15,000 miles
- Alaska Airways flights to Mexico, Caribbean, and Central America: 10,000 miles
- Enterprise class flights to Asia with companions like Cathay Pacific and JAL: 60,000 miles
These are only a few examples of flights redeemable with Alaska miles. It’s additionally price contemplating that spending on lease helps vacationers earn elite standing with the airline. For each $10,000 spent on the cardboard, you will earn 4,000 elite qualifying miles, as much as 20,000 per 12 months.
Bilt Rewards has its personal no-annual-fee journey bank card, the Bilt Mastercard®, to earn 1x level on lease (as much as $100,000 per calendar 12 months). However not like the Alaska card, the Bilt Mastercard waives that 3% lease transaction payment. The factors earned on the Bilt Mastercard will be transferred at a 1:1 ratio to companions like Alaska Airways, United Airways, Hilton Honors, and extra, giving vacationers extra flexibility with their rewards.