Buckle up, as a result of Bilt continues to release details about its 2.0 program — which, as chances are you’ll know, consists of three new credit cards, two earning options and now a completely new second rewards foreign money: Bilt Money.
Bilt Money does not change Bilt Rewards Points, that are typically thought to be essentially the most beneficial kind of loyalty program foreign money (per TPG’s January 2026 valuations), largely resulting from their high-quality switch companions. As a substitute, Bilt Money will be earned alongside factors and can unlock numerous credit, momentary standing upgrades, the power to earn extra factors on spending and different particular goodies inside the Bilt ecosystem.
This extra foreign money can also be a part of the trio of bank card welcome bonuses and will be earned at a 4% price on nonhousing spend if you choose that incomes possibility.
However one of many lingering larger questions from the Bilt 2.0 launch: What exactly does Bilt Cash 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 will be cashed in for Blade helicopter rides, unlock higher Lease Day switch bonus tiers and be spent as credit with Bilt’s companions reminiscent of 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 improve the incomes charges of each the Bilt Obsidian Card (see rates and fees) and the Bilt Palladium Card (see rates and fees) 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 rates and fees): Earn $100 in Bilt Money if you apply and are accredited.
- Bilt Obsidian Card: Earn $200 in Bilt Money if you apply and are accredited.
- Bilt Palladium Card: Earn 50,000 bonus factors and Bilt Gold standing (by means of the remainder of the calendar yr wherein 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 further 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 have to make a choice (that you may 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 based mostly on the just-released record, here is the complete record of ways in which Bilt has introduced that it is possible for you to to spend your Bilt Money. This record could be very prone to evolve as time goes on, nevertheless it ought to offer you a taste for what is out there 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 dwelling 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 by way of cellular eating checkout: One go to per thirty days 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 per thirty days. Out there March 1, 2026.
Cardholder unique bonus factors
Cardholder unique bonuses can be found when card incomes is about 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 additional 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 spend
- Palladium earnings when that supply is enabled: 3 factors per greenback on on a regular basis spend
- Unlock incomes factors on month-to-month hire or mortgage funds (with no transaction charges) at a price of incomes one level per greenback on as much as $1,000 of your hire or mortgage cost per $30 in Bilt Money spent, as much as the quantity of your hire or mortgage cost.
Journey and transportation
- Unlock greater switch bonuses: Use Bilt Money to unlock one tier greater on Lease Day switch bonuses. For instance, Gold members can unlock Platinum-level bonuses with this redemption. Platinum members can unlock an extra increase as effectively. This one has an instance value of $75, however it is usually labeled topic to alter.
- Resort stays within the Bilt Journey portal: Redeem as much as $50 a month for Blue and Silver Bilt members and $100 per thirty days for Gold and Platinum members. There’s a two-night minimal keep for these redemptions.
- Lyft credit: As much as $10 credit score per thirty days towards Lyft rides
- Blacklane 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 House Away from House advantages: Bilt Blue and Silver members can redeem $95 in Bilt Money to unlock House Away from House lodge reserving advantages. Out there beginning March 1, 2026.
- Precedence Go additional visitor credit: Palladium cardholders can redeem Bilt Money for as much as two Precedence Go visitor charges coated per thirty days at $32 per visitor (max $64 per thirty days). Out there beginning March 1, 2026.
- Bilt Neighborhood parking: Redeem as much as $5 per thirty days at Bilt Neighborhood Parking places. Out there beginning March 1, 2026.
Well being and wellness
- Health courses within the Bilt app: Redeem as much as $40 per thirty days for a health class (together with SoulCycle, Barry’s, and others)
- Walgreens: Redeem as much as $10 per thirty days towards a Walgreens credit score
- Bilt comedy experiences: Redeem as much as $50 per thirty days for Bilt comedy experiences. Out there beginning March 1, 2026.
- Bilt Design Assortment: Redeem as much as $10 per thirty days towards Bilt Design Assortment purchases.
Our potential favourite methods to make use of Bilt Money
That is all new and really prone 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 power to money in $200 in Bilt Money to earn an extra 1 level per greenback on all your 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 would 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 journey
- 2 factors per greenback spent on on a regular basis spending
On the Bilt Palladium Card, you would 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 reminiscent of World of Hyatt and Atmos Rewards, or by way of Bilt’s periodic Lease 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’ll be able to 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 price. Rinse and repeat just a few instances, as they are saying.
Blade helicopter rides
For individuals who are ready to earn a number of Bilt Money, Blade seems like a great way to place that money to make use of doing one thing chances are you’ll not all the time 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 response to my searches (although Blade advertises a beginning value of $195), so utilizing as much as $350 in Bilt Money a max of twice per yr must be sufficient to cowl most Blade flights to these NYC-area airports.
Unlock the subsequent standing tier of switch bonuses on Lease Day
This Bilt Money possibility has the potential to be very attention-grabbing — although precisely how attention-grabbing will rely on the small print of every switch bonus and the quantity of Bilt Money required to unlock the subsequent standing tier of ratios.
However for example 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.
Considering of the December 2025 Lease Day switch bonus to Avios, that will have theoretically meant that as an alternative of getting a 75% bonus as a Bilt Gold member, you would have used Bilt Money to purchase as much as the 100% switch bonus tier usually reserved for Bilt Platinum members.
For those who had been transferring 100,000 Bilt factors (at a 100% bonus) by briefly unlocking the Platinum tier that was out there in that month, you’d obtain 25,000 extra Avios than you’d have on the Gold tier with its 75% bonus. Assuming the value stays within the $75 Bilt Money vary that was introduced as we speak, that is a doubtlessly nice worth.
Associated: Best ways to redeem British Airways Avios: From flights to Hawaii to island hopping in 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 completely excessive on our curiosity record.
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 cost is $2,500 and also you need to earn 1 level per greenback, it will take $75 in Bilt Money to make these 2,500 Bilt factors a actuality. After all, you’ll be able to decide to make use of much less Bilt Money to earn factors on a smaller proportion of your housing cost.
Mathematically, that is really an much more rewarding possibility than the power 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 price 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, quite than the $5,000 of 1 bonus level per greenback on on a regular basis spending on the playing cards, when you needed to have a look at it that manner.
After all, this is not essentially an both / or state of affairs, so maybe the proper manner to have a look at all of it, assuming you earn sufficient Bilt Money, is “why not each?”
Backside line
Very similar to a huge multi-page Cheesecake Manufacturing unit menu, the Bilt 2.0 rollout has been lots to absorb 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 alternative also can admittedly make it really feel somewhat 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 cost shouldn’t be solely core to the Bilt program, however a superb use of Bilt Money.
We’ll definitely replace extra as Bilt Money goes stay and certain evolves.
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