Kairos Teams with National Apartment Landlords on Points for Renters
Lower Manhattan-based Kairos has forged partnerships with leading real estate owners to launch Bilt Rewards, reportedly the first rewards program that allows renters to earn points on rent. The rollout also includes the Bilt Mastercard, described as the first-ever credit card that allows cardholders to pay rent and earn points with no fees.
Among Kairos’ partners in the program are AMLI Residential, AvalonBay Communities, Blackstone, Camden Property Trust, Cushman & Wakefield, Equity Residential, GID-Windsor Communities, Lennar Corporation, The Moinian Group, Morgan Properties, Related Companies, SL Green Realty Corp., Starwood Capital Group, Trammell Crow Residential and Veritas Investments.
“Rent has been the only major expense you couldn’t earn points on without fee,” said Bilt CEO and founder Ankur Jain. “With the launch of the new Bilt Rewards program, renters will now be able to travel, shop, or even start thinking about purchasing a future home just by paying their rent.”