In 2024, Bilt added milestone rewards for every 25,000 points members earned within a calendar year. But many Bilt Rewards members didn’t find these milestone rewards particularly compelling. So, Bilt Cash will launch Jan. 1, 2026, to replace the milestone rewards program.
Bilt Cash is a new rewards currency within the Bilt ecosystem. You’ll earn $50 in Bilt Cash every time you earn 25,000 Bilt Points, and you’ll be able to redeem Bilt Cash for a fixed value at local merchants in the Bilt network (specifically, $10 of Bilt Cash is worth $10 with merchants in the Bilt network).
According to a press release from Bilt, examples of ways members will be able to use Bilt Cash include:
- Cash off when you use mobile dining checkout
- Hotels in Bilt’s travel portal
- Fitness classes
- Home Delivery orders
- One-time access to elite status benefits for Blue and Silver members, such as upgraded status for a Rent Day transfer bonus, early access to an experience or Home Away from Home access
Bilt also wrote that Bilt Cash is “designed to grow alongside our expanding ecosystem of neighborhood merchants.” So, expect additional ways to earn and redeem Bilt Cash after it launches.
And don’t worry: Bilt points — and the value you can get when redeeming them with the Bilt transfer partners — are here to stay. After all, Bilt Cash is a rewards currency you’ll earn in addition to Bilt points.
Finally, Bilt has confirmed that any milestone rewards you claim before the end of 2025 will remain active until they expire or you’ve earned the maximum points for that milestone reward. However, unused milestone rewards will expire at the end of 2025, so be sure to claim any rewards you earned before the year’s end.
Bilt wrote in its press release that it’s “thrilled to launch Bilt Cash: it represents the next evolution of your membership, replacing Milestone Rewards with a more flexible reward currency that adapts to how you want to experience our ecosystem.”
Granted, the earning rate of Bilt Cash is relatively low at just 0.2 cents per point, and you must reach specified thresholds to earn Bilt Cash. But, considering you’ll earn Bilt Cash on top of points, it’s a nice bonus that will save you real cash with merchants in the Bilt ecosystem.
Related reading:
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
