Meghan Coyle

So if you spend at least 25% of your monthly rent, you will earn half a point per dollar spent on that total rent or also mortgage payments.

So let's say you have a $4,000 rent or mortgage payment.

You would have to spend $1,000 on the card each month to earn the extra 2,000 built points per month.

But again, if your rent is $8,000, then you would have to spend $2,000 on the card each month.

So the higher rent or mortgage, the more you also got to spend on other things.

I will say, though, that is the lowest of the tiers.

So if you spend the least amount, which would be 25% that they allow, and you do need to spend at least 25% to get any sort of points, that is the lowest amount.

But then there are more tiers.

So the higher the percent that you spend on other stuff of your monthly rent or mortgage payments,

the more points you get.

So going back, I know it's a lot, 25% of your monthly spend means you get a half a point per dollar on your total housing payment.

However, if you spend at least 50% of your monthly payment on other stuff, like your groceries or whatever,

you will earn 0.75 points per dollar you spend on housing.

And then if you do even one better, if you spend 75% of your monthly rent payment, you will earn one point per dollar.

Back when built was nice and easy, built 1.0.

Again, you would have to spend now 75% of your monthly housing payment on non-rent purchases.

to get this one point per dollar.

Oh my goodness.

I actually do think there is a class of people who spend the same amount of money on their credit card as they do in rent.

And that is my wonderful friends out there who have somehow managed to score super cheap rent.