If you’re into maximizing points and miles, then you need to learn more about Bilt Rewards. Bilt has quickly become one of the most talked-about programs in the travel rewards world. It started as a company that allowed renters to earn points on rent payments, and it has evolved into something much bigger.

Now, there are three brand new Bilt credit cards, you can earn points with both rent and mortgages, you can link your Bilt and Rakuten accounts to boost your points even further, and they have one of the most robust lists of airline and hotel partners.

Here’s what you need to know about Bilt.

Credit Cards

One of the biggest and most exciting changes to Bilt Rewards this year is the launch of three new Bilt credit cards, aka Bilt Card 2.0. The original Wells Fargo Bilt Mastercard was phased out and replaced with a brand-new lineup of cards.

Instead of one single card, Bilt now has three different options, so you can choose what best fits your lifestyle:

• Bilt Blue Card
  • $0 annual fee
  • $100 Bilt Cash when you apply and are approved
  • 1 point per dollar on all purchases
  • Up to 1 point per dollar on rent and mortgage
  • 4% Bilt Cash on everyday spending, use Bilt Cash to earn fee-free points earning on rent/mortgage payments. For every $30 of Bilt Cash, unlock 1,000 points on rent or mortgage with no fees.
  • No foreign fees
• Bilt Obsidian Card
  • $95 annual fee
  • $200 Bilt Cash when you apply and are approved
  • 3 points per dollar on dining or grocery purchases, up to $25,000 per year
  • 2 points per dollar on travel
  • 1 point per dollar on everything else
  • Up to 1 point per dollar on rent and mortgage
  • 4% Bilt Cash on everyday spending, use Bilt Cash to earn fee-free points earning on rent/mortgage payments. For every $30 of Bilt Cash, unlock 1,000 points on rent or mortgage with no fees.
  • $100 annual Bilt Travel hotel credit: $50 bi-annually
• Bilt Palladium Card
  • 50,000 Bilt points plus Gold elite status after spending $4,000 in the first three months, plus earn $300 in Bilt Cash
  • Unlimited 2 points per dollar on all purchases
  • Up to 1 point per dollar on rent and mortgage
  • 4% Bilt Cash on everyday spending, use Bilt Cash to earn fee-free points earning on rent/mortgage payments. For every $30 of Bilt Cash, unlock 1,000 points on rent or mortgage with no fees.
  • $400 annual Bilt Travel portal hotel credit: $200 bi-annually
  • $200 Bilt Cash annually
  • Priority Pass membership (cardmember plus two guests)

These cards are currently available for pre-order for current Bilt cardholders and will be available for new applicants on February 7th, 2026.

Bilt Cash

Think of Bilt Cash as a second rewards currency that works alongside Bilt Points. As you earn points, you’ll also unlock Bilt Cash, which can be used like real money inside the Bilt ecosystem. It can be used to offset the fees that will now go along with earning points from rent or mortgage.

Here’s how it works:

• You earn Bilt Cash from your regular (non-housing) spending
• That Bilt Cash gets applied to your rent or mortgage payment
• The more Bilt Cash you have, the more of your housing payment earns points fee-free

If you have enough Bilt Cash, you’ll earn 1 point per dollar on your entire rent or mortgage payment without paying anything extra.

If you have less Bilt Cash, you’ll still earn points on part of your payment and avoid the normal 3% fee on that portion. Any additional rent/mortgage spending won’t earn points, or, if you want it to earn points, will have the 3% fee.

If you don’t want to use your Bilt Cash to help offset rent/mortgage points-earning fees, it can also be used toward:

• Select lifestyle experiences
• Dining
• Fitness classes
• Travel bookings

Transfer Partners

Bilt’s transfer partners are where they really shine. They partner with multiple airline and hotel programs that have few/no other partners, like Atmos Rewards and Hyatt.

Here are Bilt’s transfer partners:

• Accor Live Limitless – 3:2 transfer ratio
• Aer Lingus AerClub
• Air Canada Aeroplan®
• Air France/KLM Flying Blue®
• Atmos Rewards (Alaska Airlines + Hawaiian Airlines)
• Avianca Lifemiles
• British Airways Executive Club
• Cathay Pacific
• Emirates Skywards®
• Etihad Airways
• Hilton Honors
• Iberia Plus
• IHG® One Rewards
• Japan Airlines
• Marriott Bonvoy™
• Qatar Airways Privilege Club Avios
• Southwest Airlines
• Spirit
• TAP Miles&Go
• Turkish Airlines Miles&Smiles
• United MileagePlus®
• Virgin Red®
• Virgin Atlantic Flying Club
• World of Hyatt®

All points transfer at a 1:1 ratio unless otherwise noted. If you’re not familiar with transferring points and why it’s valuable, check out this article.

Other Bilt Programs

Bilt partners with local restaurants and shops to allow members to earn points in other ways, including:

• Dining and local restaurants
• Fitness studios
• Wellness brands
• Walgreens Pharmacy
• And more

Learn more about Bilt neighborhood here.

Wrapping Up

Bilt has been making big waves in the travel world, and I am here for it. If you haven’t yet, make sure you sign up for a free Bilt loyalty account. You don’t need any of their credit cards to start earning Bilt points that can be used for travel.

More ways to earn Hyatt points? Yes, please. New credit card options? I like it. The new Bilt Cash system is a bit complicated, but it’s worth exploring if your additional monthly spending allows you to earn enough to offset the fees and get Bilt points on your rent/mortgage.

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