Buckle up, as a result of Bilt continues to launch particulars about its 2.0 program — which, as chances are you’ll know, consists of three new bank cards, two incomes choices and now a completely new second rewards foreign money: Bilt Money.
Bilt Money doesn’t change Bilt Rewards Factors, that are typically thought to be probably the most precious sort of loyalty program foreign money (per TPG’s January 2026 valuations), largely as a consequence of their high-quality switch companions. As an alternative, Bilt Money may be earned alongside factors and can unlock numerous credit, short-term standing upgrades, the flexibility to earn extra factors on spending and different particular goodies throughout the Bilt ecosystem.
This extra foreign money can be a part of the trio of bank card welcome bonuses and may be earned at a 4% fee on nonhousing spend if you choose that incomes possibility.
However one of many lingering larger questions from the Bilt 2.0 launch: What precisely does Bilt Money do?
Now we all know what it is going to do starting Feb. 1.
Bilt unveils new Bilt Money particulars
So, the short-ish reply: Bilt Money may be cashed in for Blade helicopter rides, unlock higher Hire Day switch bonus tiers and be spent as credit with Bilt’s companions akin to Lyft and GrubHub, amongst others. There are month-to-month and annual caps for a lot of the companions and choices.
There is a fairly thrilling possibility that may enhance the incomes charges of each the Bilt Obsidian Card (see charges and costs) and the Bilt Palladium Card (see charges and costs) by a full level per greenback spent, which implies that the Palladium can just about earn you 3 factors per greenback spent on purchases made utilizing the cardboard.
As a refresher, listed here are the welcome bonuses for the Bilt playing cards.
Bilt Blue Card (see charges and costs): Earn $100 in Bilt Money whenever you apply and are permitted.Bilt Obsidian Card: Earn $200 in Bilt Money whenever you apply and are permitted.Bilt Palladium Card: Earn 50,000 bonus factors and Bilt Gold standing (via the remainder of the calendar yr by which it was earned and the next calendar yr) after spending $4,000 on purchases within the first three months from account opening. Moreover, cardholders obtain $300 in Bilt Money upon approval and $200 in extra annual Bilt Money.
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And a fast reminder that with the Bilt 2.0 playing cards, outdoors of the welcome bonus Bilt Money, you could have to select (which you can change month-to-month) on whether or not you’ll earn 4% in Bilt Money on all on a regular basis purchases (together with Bilt factors), or to forgo incomes Bilt Money in your on a regular basis purchases and as an alternative rely your on a regular basis card spending towards spending tiers that unlock incomes a set proportion of factors in your hire or mortgage funds (as much as 1.25 factors).
How one can spend Bilt Money
Earlier than we dive into the Bilt Money choices we’re most enthusiastic about primarily based on the just-released checklist, this is the total checklist of ways in which Bilt has introduced that it is possible for you to to spend your Bilt Money. This checklist could be very more likely to evolve as time goes on, however it ought to provide you with a taste for what is offered at launch.
Eating and groceries
GrubHub: As much as $10 credit score every month towards restaurant and grocery supply. Out there beginning March 1, 2026.Bilt’s 15-minute residence supply powered by Gopuff: As much as $5 credit score every month.GoPuff Fam (free supply and discounted groceries): As much as $100 yearly, redeemable for a month-to-month or annual membership. Out there beginning March 1, 2026.Bilt Eating companions through cellular eating checkout: One go to monthly as much as $25 (Bilt says that is increasing to 1000’s of eating places nationwide this yr).Bilt eating experiences: As much as $50 monthly. Out there March 1, 2026.
Cardholder unique bonus factors
Cardholder unique bonuses can be found when card incomes is ready to 4% again in Bilt Money on on a regular basis spend.
Level accelerator on on a regular basis spend on the Obsidian and Palladium Playing cards to allow one further level per greenback on all on a regular basis spend for the subsequent $5,000 in spending following activation for a price of $200 in Bilt Money. Can be utilized for as much as 5 activations per yr and expires after $5,000 in spending or on the finish of the yr.Obsidian earnings when that supply is enabled: 4 factors per greenback spent on eating or grocery, 3 factors per greenback spent on journey, 2 factors per greenback on on a regular basis spendPalladium earnings when that supply is enabled: 3 factors per greenback on on a regular basis spendUnlock incomes factors on month-to-month hire or mortgage funds (with no transaction charges) at a fee of incomes one level per greenback on as much as $1,000 of your hire or mortgage fee per $30 in Bilt Money spent, as much as the quantity of your hire or mortgage fee.
Journey and transportation
Unlock increased switch bonuses: Use Bilt Money to unlock one tier increased on Hire Day switch bonuses. For instance, Gold members can unlock Platinum-level bonuses with this redemption. Platinum members can unlock a further increase as effectively. This one has an instance value of $75, however it is usually labeled topic to vary.Resort stays within the Bilt Journey portal: Redeem as much as $50 a month for Blue and Silver Bilt members and $100 monthly for Gold and Platinum members. There’s a two-night minimal keep for these redemptions.Lyft credit: As much as $10 credit score monthly towards Lyft ridesBlacklane rides: Redeem credit score for Blacklane rides, as much as $50/yr (Blue & Silver), $100/yr (Gold) or as much as $150/yr (Platinum).Blade credit: Redeem as much as $350 per seat, as much as two bookings per yr. Out there beginning March 1, 2026.Unlock Residence Away from Residence advantages: Bilt Blue and Silver members can redeem $95 in Bilt Money to unlock Residence Away from Residence lodge reserving advantages. Out there beginning March 1, 2026.Precedence Move further visitor credit: Palladium cardholders can redeem Bilt Money for as much as two Precedence Move visitor charges coated monthly at $32 per visitor (max $64 monthly). Out there beginning March 1, 2026.Bilt Neighborhood parking: Redeem as much as $5 monthly at Bilt Neighborhood Parking areas. Out there beginning March 1, 2026.
Well being and wellness
Health courses within the Bilt app: Redeem as much as $40 monthly for a health class (together with SoulCycle, Barry’s, and others)Walgreens: Redeem as much as $10 monthly towards a Walgreens creditBilt comedy experiences: Redeem as much as $50 monthly for Bilt comedy experiences. Out there beginning March 1, 2026.Bilt Design Assortment: Redeem as much as $10 monthly towards Bilt Design Assortment purchases.
Our potential favourite methods to make use of Bilt Money
That is all new and really more likely to evolve, however listed here are the Bilt Money choices that caught our eye proper off the bat.
Earn 3 factors per greenback spent on on a regular basis purchases with the Bilt Palladium card
That is The Factors Man in spite of everything, so the primary possibility that caught our eyes is the flexibility to money in $200 in Bilt Money to earn a further 1 level per greenback on your entire nonhousing spending (as much as $5,000) on each the Bilt Obsidian Card and the Bilt Palladium Card, as much as 5 instances yr yr.
Subsequently, with the Obsidian Card, you may earn:
4 factors per greenback spent on eating or grocery purchases (as much as $25,000 per yr for the eating or grocery bonus)3 factors per greenback spent on travel2 factors per greenback spent on on a regular basis spending
On the Bilt Palladium Card, you may earn 3 factors per greenback spent on on a regular basis purchases.
With the extra bonus on the Palladium card, that’s an unimaginable return of 6.6 cents per greenback on on a regular basis spending, per TPG’s January 2026 valuations. Assuming you usually maximize your Bilt Rewards with high-value switch companions akin to World of Hyatt and Atmos Rewards, or through Bilt’s periodic Hire Day switch bonuses, that is an possibility completely price contemplating for many who plan to place on a regular basis spending on this card.
What makes this particularly attention-grabbing is that you are able to do it as much as 5 instances per yr. When you attain the $5,000 spending cap, you may unlock the extra level bonus once more as much as that annual cap by cashing in one other $200 in Bilt Money, which you’d earn after spending $5,000 on the 4% Bilt Money incomes fee. Rinse and repeat a couple of instances, as they are saying.
Blade helicopter rides
For individuals who are able to earn plenty of Bilt Money, Blade appears like a great way to place that money to make use of doing one thing chances are you’ll not at all times in any other case get to do.
For these not acquainted, Blade is the helicopter service that may take you to/from Manhattan to New York’s John F. Kennedy Worldwide Airport (JFK) and Newark Liberty Worldwide Airport (EWR) in a matter of minutes.
Most Blade flights at the moment begin at $270 per seat, in keeping with my searches (although Blade advertises a beginning worth of $195), so utilizing as much as $350 in Bilt Money a max of twice per yr needs to be sufficient to cowl most Blade flights to these NYC-area airports.
Unlock the subsequent standing tier of switch bonuses on Hire Day
This Bilt Money possibility has the potential to be very attention-grabbing — although precisely how attention-grabbing will rely on the main points of every switch bonus and the quantity of Bilt Money required to unlock the subsequent standing tier of ratios.
However to illustrate you could have Bilt Gold standing by advantage of holding the Bilt Palladium Card. With this Bilt Money redemption possibility, it is possible for you to to make use of a yet-to-be-announced quantity of Bilt Money to unlock the subsequent switch bonus ratio usually reserved for the Platinum tier of Bilt members.
Pondering of the December 2025 Hire Day switch bonus to Avios, that might have theoretically meant that as an alternative of getting a 75% bonus as a Bilt Gold member, you may have used Bilt Money to purchase as much as the 100% switch bonus tier usually reserved for Bilt Platinum members.
In case you had been transferring 100,000 Bilt factors (at a 100% bonus) by quickly unlocking the Platinum tier that was out there in that month, you’ll obtain 25,000 extra Avios than you’ll have on the Gold tier with its 75% bonus. Assuming the worth stays within the $75 Bilt Money vary that was introduced right now, that is a doubtlessly nice worth.
Associated: Finest methods to redeem British Airways Avios: From flights to Hawaii to island hopping within the Caribbean
Earn factors on hire or mortgage funds
Final however completely not least, the choice to make use of Bilt Money to unlock incomes factors on hire or mortgage funds is totally excessive on our curiosity checklist.
You’ll be able to earn 1 level per greenback spent on hire or mortgage funds for each $1,000 of funds made with $30 in Bilt Money. So, in case your month-to-month housing fee is $2,500 and also you wish to earn 1 level per greenback, it might take $75 in Bilt Money to make these 2,500 Bilt factors a actuality. In fact, you may choose to make use of much less Bilt Money to earn factors on a smaller proportion of your housing fee.
Mathematically, that is really an much more rewarding possibility than the flexibility to redeem $200 in Bilt Money to earn an additional level per greenback on $5,000 in spending on the Obsidian or Palladium Playing cards. At a fee of $30 in Bilt Money per 1 level per greenback spent on $1,000 in housing funds, you’d really be capable of earn 1 level per greenback on as much as $6,666 of housing funds with $200 in Bilt Money, fairly than the $5,000 of 1 bonus level per greenback on on a regular basis spending on the playing cards, if you happen to needed to have a look at it that approach.
In fact, this is not essentially an both / or scenario, so maybe the correct approach to have a look at all of it, assuming you earn sufficient Bilt Money, is “why not each?”
Backside line
Very like a big multi-page Cheesecake Manufacturing facility menu, the Bilt 2.0 rollout has been rather a lot to soak up all of sudden.
The upside is that you’ve many decisions, together with the way you earn and use Bilt Money. However that breadth of selection may admittedly make it really feel just a little overwhelming at first, particularly proper now, as none of that is stay to be used fairly but.
However doubtlessly incomes 3 factors per greenback spent on the Palladium Card (unlocked when redeeming $200 in Bilt Money, capped at $5,000, 5 instances per yr) is a really stable possibility. And naturally, utilizing Bilt Money to unlock incomes fee-free factors in your hire or mortgage fee will not be solely core to the Bilt program, however a superb use of Bilt Money.
We’ll actually replace extra as Bilt Money goes stay and sure evolves.
