BILT has a history of announcing truly epic transfer bonus opportunities for the fortunate owners of BILT Rewards points on Rent Day (aka the 1st of the month). In 2023 alone, BILT offered between a 75% – 150% transfer bonus to Air France / KLM FlyingBlue, Virgin Atlantic FlyingClub, Emirates Skywards, and IHG OneRewards. On February 1st, 2024, Air Canada Aeroplan joins the list.

Credit. BILT Rewards.

Up To 150% Transfer Bonus To Air Canada Aeroplan

Between the hours of 00:01 on February 1st, 2024 to 02:59 on February 2nd, 2024 (all times Eastern Standard Time), BILT Rewards members can receive a 75% – 150% transfer bonus to Air Canada Aeroplan. The magnitude of the transfer bonus opportunity depends on the BILT Membership Level:

• BILT Blue Members: 75% Bonus (2,000 BILT Points = 3,500 Aeroplan Points)
• BILT Silve Members: 100% Bonus (1,000 Bilt Points = 2,000 Aeroplan points
• BILT Gold Members: 125% Bonus (1,000 Bilt Points = 2,250 Aeroplan points)
• BILT Platinum Members: 150% Bonus (1,000 Bilt Points = 2,500 Aeroplan points)

Without question, this transfer bonus is unparalleled in the history of transfer bonuses; for reference, other banks offer between a 10% – 20% transfer bonus to Air Canada Aeroplan.

Here are some examples, which demonstrate the magnitude of this transfer bonus:

• EWR To SIN In Singapore Airlines Business Class: 35,000 – 50,000 Points (Normally 87,500 Points)
• LAX / SFO T0 SYD In United Business Class: 30,000 – 45,000 Points (Normally 75,000 Points)
• JFK To ZRH In Swiss Business Class: 24,000 – 35,000 Points (Normally 60,000 Points)

This also demonstrates the importance of the BILT Membership Level.

Double Points On Rent Day

In addition to the incredible transfer bonus, BILT Rewards members may continue to earn double points on any non-rent Rent Day purchase. The accelerated earning rates are as follows*:

• 6X on Dining (Normally 3x)
• 4X on Travel (Normally 2x)
• 2X on Other Spend (Normally 1X)
• 1X on rent

* The elevated earnings are capped at 10,000 points per month. 

Credit. BILT Rewards.

Do Not Forget Point Quest And The “Rent Free” Game Show

Rounding off the February 1st, 2024 Rent Day are Point Quest and the “Rent Free” Game Show. BILT Rewards members can earn up to 250 bonus points through correctly answering a series of in-app trivia questions. Even though it is a recent addition to the BILT Rent Day program, the “Rent Free” Game Show quickly became a fan favorite. Here BILT Rewards members have the chance to earn free rent for a month based on the skill of the celebrity guest. This month, Canadian professional tennis player Eugenie “Genie” Bouchard joins the show.

Final Thoughts

BILT shocked the points and miles world last week, with the announcement of plans to offer point earning opportunities on mortgage payments. This week, BILT doubles up with a 75% – 150% transfer bonus opportunity to Air Canada Aeroplan. While speculative transfers are generally regarded as a “poor decision,” given the value of the Air Canada Aeroplan program, this may be one of those rare times where it makes sense.