Bilt CEO Ankur Jain explains how members will be capable of use their FSA/HSA accounts towards their Walgreens purchases.
Bilt, a house and neighborhood loyalty program, is making an attempt to entice new customers by providing them an opportunity to win a rent-free month by means of its household feud-style sport.
Each month, celebrities will be part of Bilt Rewards members in a web based sport of household feud referred to as “Rent Free.” Every month a brand new superstar will probably be tapped to affix Bilt’s CEO Ankur Jain, who hosts the sport. Ten winners will earn as much as $2,500 to cowl their lease for the month.
This time, the corporate is teaming up with Paris Hilton. This month’s winners is not going to solely get a free month of lease in October however 500,000 Hilton Honors Factors for journey.
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This is how its month-to-month sport works:
It’s important to be a member to play, although it is free to enroll and you do not have to have the Bilt Mastercard.
On the finish of every month, the corporate asks Bilt Members questions on what’s taking place in tradition proper now.
A shot of Bilt’s founder Ankur Jain and chairman Ken Chenault (Bilt)
Members will group up with a star visitor to guess the three hottest responses to every query. They’ve till the primary day of the next month to plug of their reply on the Bilt app or web site.
The extra you each get proper, the higher your probabilities of successful, in response to Bilt.
The corporate was based by Jain on a mission to assist individuals maximize their largest bills. It has dubbed itself as the primary rewards program that permits renters to earn factors on lease and subsequently construct “a path towards homeownership.”
BILT REWARDS STOPS RENTERS FROM ‘LIGHTING YOUR MONEY ON FIRE,’ FOUNDER AND CEO ANKUR JAIN SAYS
At present, Bilt members can earn factors on lease funds at greater than 4.5 million properties throughout the nation. These factors might be transferred for issues like journey, eating or health lessons.
Bilt Rewards founder and CEO Ankur Jain. (Bilt Rewards)
Final yr, the corporate started trying into how they might broaden the loyalty program right into a consumer’s native neighborhood, which captures about 80% of an individual’s discretionary spending.
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The neighborhood program rewards members for issues corresponding to spending at native eating places, exercise lessons and for utilizing Lyft’s rideshare service.
Nevertheless, it additionally helps customers reap the benefits of their unused versatile spending accounts (FSA) and well being financial savings accounts (HSA) funds when procuring at Walgreens.
Bilt’s current partnerships embrace greater than 21,000 eating places and three,500 health studios along with Lyft.
