With Bilt Rewards, renters earn points for paying rent with their credit card, with no fee attached. Points can be redeemed for travel, to pay rent, or even to put toward a mortgage down payment. Bilt is funded by Kairos, which is also behind Rhino Insurance (which lets renters get around the cash security deposit requirement by paying a monthly fee). What is Bilt Rewards? Bilt Rewards is a startup that rewards renters for paying rent. It has a two-pronged approach. The first is a partnership with rental property management companies, known as the Bilt Alliance Network, allowing renters to pay rent using their app without a fee. (Any landlord or property manager who wants to sign up should email alliance@biltrewards.com.)