Moinian Group partners with Bilt Rewards to launch first program for residents to earn points on rent



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—Moinian Group joins an alliance of top homeowners across the country offering residents a no-fee way to pay and earn points on rent with Bilt Rewards and the Bilt Mastercard—

NEW YORK – (BUSINESS WIRE) –
The Moinian group today announced a partnership with Bilt Rewards to offer the first and only rewards program for residents to earn points on rent. From today, Bilt Rewards will be rolled out across the Moinian Group’s luxury residential portfolio.

“We value our residents and are fully committed to providing the best living experience possible through the use of new and evolving cutting-edge technologies,” said Mitchell Moinian, Director of the Moinian Group. “It is our continued commitment to align with the most strategic and creative technologies that solve real world problems while providing ease of use, clear efficiencies and high opportunities for improved life. We are delighted to partner with the company through our Currency M venture capital platform. ”

Residents of one of the Moinian Group’s residential buildings are invited to join the free program. Once enrolled, members can start earning points by paying rent through the Bilt app and collecting bonus points through property-specific and Bilt Rewards promotions. Additionally, residents of the Moinian Group will be among the first to receive an invitation for the Bilt Mastercard – an extension of Bilt Rewards and the first credit card that allows users to pay their rent free of charge. With the card, tenants can also earn points on non-rental purchases, allowing them to maximize rewards.

“Housing is the biggest expense for the vast majority of Americans,” says Ankur Jain, CEO and founder of Bilt. “And until today, that was the only major expense you couldn’t earn points with. Over the course of a tenant’s life, that’s thousands and thousands of dollars out of which they’ve never been able to get anything back. With the launch of the new Bilt Rewards program, tenants will now be able to travel, shop or even start thinking about buying their future home just by paying their rent.

Points earned through Bilt Rewards and Bilt Mastercard are redeemable for a variety of rewards, including: 1: 1 point transfers for travel across over 100 major airlines and hotel partners; fitness classes at the country’s top studio-shops, including SoulCycle, Rumble, and Y7; exclusive and limited edition collections of art and interior design thanks to the Bilt collection; and can even be used for rent credits or a future down payment. To learn more about Bilt Rewards and Bilt Mastercard, visit BiltRewards.com.

About the Moinian group:

Founded by Joseph Moinian, The Moinian Group today owns and operates a diverse portfolio of assets across the United States and is among the only domestic real estate entities to develop, own and operate properties across all asset classes, including offices, hotels, retail businesses, condos. and rental apartments. The Moinian group’s holdings include leading assets in major US cities, including New York, Dallas and Los Angeles. For the past three decades, The Moinian Group has pioneered the development of emerging New York City neighborhoods such as downtown and the West Side of Manhattan, developing commercial, residential and mixed-use projects. that combine luxury living, high quality retail spaces. The Moinian Group maintains a reputation for developing state-of-the-art and aesthetically distinguished properties as the company continues to strive for excellence. You can find more information about the Moinian group and its portfolio at www.moinian.com.

About Bilt Rewards

Bilt Rewards is the first-ever rewards program that allows tenants to earn points on rent and paves the way for homeownership. Through a launch partnership in June 2021 with the nation’s largest property owners including AvalonBay Communities, Inc., Blackstone, Camden Property Trust, Cushman & Wakefield, Equity Residential, GID, The Moinian Group, The Related Companies, Starwood Capital Group and more, Bilt Rewards will allow tenants of more than two million units across the country to earn points simply by paying rent. Bilt Rewards offers one of the most beneficial rewards programs on the market today, including individual point transfers for travel across over 100 major airlines and hotel partners; fitness classes at the country’s best studio-shops, including SoulCycle, Rumble and Y7; exclusive and limited edition collections of art and interior design thanks to the Bilt collection, and the possibility of using points for rent credits or for a future down payment. Bilt also partnered with Mastercard to create the Bilt Mastercard – the first and only credit card that can be used to pay rent free of charge. Bilt Rewards is a Kairos business. For more information visit BiltRewards.com.

Media:

Celestial Lim

[email protected]

Lauren Doyle

[email protected]

Source: The Moinian Group

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