Rakuten cashback converts 1:1 to Bilt points through May 15, 2026

Rakuten members can link their accounts to Bilt Rewards to earn transferable points instead of cash at a 1:1 conversion rate through May 15, 2026. The setup allows users to effectively buy miles in programs like Alaska Airlines and World of Hyatt for about one cent each by stacking Rakuten's high cashback rates with Bilt's transfer partners.

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