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Bilt has announced several changes coming to its rewards program in 2027, including a new Daily Rewards feature, extended Bilt Cash expiration dates, additional hotel redemption opportunities, and rental car elite status matches. Beginning January 15, 2027, members will earn a Daily Reward for every on-time monthly rent or mortgage payment, plus one qualifying daily activity with a participating neighborhood partner. Each Daily Reward reveals two potential prizes, allowing members to choose one. Rewards range from Bilt Points and Bilt Cash to collectibles that offer chances to win larger prizes, including:
- $1 million toward a home purchase
- 10 million Bilt Points
- Free rent or mortgage payments for a year
- Free Lyft rides for a year
- A dream vacation
Importantly, Bilt credit card holders will continue earning points on rent and mortgage payments as they do today, with Daily Rewards offered as an additional benefit. Bilt says more information about prizes and program rules will be released in the new year.
Welcome bonus (subject to approval): 50,000 Bilt Points
+ Gold Status after spending $4,000 on everyday purchases in the first 90 days + $300 of Bilt Cash. At the end of each calendar, any Bilt Cash balance over $100 will expire.
Annual Fee: $495
Welcome offer: $200
Bilt Cash
when you apply and are approved. At the end of each calendar, any Bilt Cash balance over $100 will expire.
Annual Fee: $95
Bilt Cash and Elite Status Changes
Bilt is also extending the expiration period for Bilt Cash. Instead of expiring at the end of the calendar year, Bilt Cash will now expire at the end of the month, 12 months after it was earned. For example, Bilt Cash earned in August 2027 wouldn’t expire until August 31, 2028. This gives that Bilt Cash extra months of meaningful shelf life compared to when it would have expired under the old rules. Beginning January 1, 2027, members can also redeem Bilt Cash toward hotel bookings twice annually, with the following limits per redemption:
- Blue and Silver: $50
- Gold and Platinum: $100
- Eligible Palladium cardholders: $200
Gold and Platinum members will also be able to redeem Bilt Points for Home Away from Home hotel bookings in 2027, including access to eligible luxury hotel benefits. It remains to be seen how valuable of a redemption this will be for what is arguably the best transferable currency in points. Additionally, Bilt is introducing new rental car status match opportunities:
- Silver and Gold: Hertz Five Star and SIXT ONE Gold
- Platinum: Hertz President’s Circle and SIXT ONE Platinum
Changes to Bilt Credit Cards
Bilt is simplifying its credit card rewards structure beginning on each cardholder’s account anniversary. Under the updated benefits, cardholders can earn up to 1.25X points on rent or mortgage payments, while Flexible Bilt Cash mode, which earns 4% back in Bilt Cash on everyday spending, will be retired.
Members who prefer to keep Flexible Bilt Cash mode can opt out of the changes before their card anniversary, although they will no longer be able to switch between earning modes.
Bilt is also updating annual credits for its premium cards:
- Bilt Palladium Card: The existing $200 Bilt Cash credit and $400 hotel credit will become a single $600 annual Bilt Cash credit.
- Bilt Obsidian Card: The existing $100 hotel credit will become a $100 annual Bilt Cash credit.
Both credits will be issued on card account anniversaries rather than January 1, and cardholders transitioning to the new benefits will gain access to Point Accelerator redemptions using Bilt Cash. Existing everyday purchase points multipliers will remain unchanged.
There is also now the ability to see product upgrades live in the Bilt app. This was a much requested and needed change and we’re happy to see Bilt implement this. Visit card settings in the Bilt app to see if you’re eligible.
Our Take
Bilt’s 2027 updates introduce some worthwhile improvements, particularly for members who want to maximize rewards on expenses they’re already paying. Daily Rewards is an interesting addition, especially for members without a Bilt credit card, although the actual value will depend on how frequently members receive meaningful prizes rather than chances to win larger rewards. For travelers, we think the extended Bilt Cash expiration window, expanded hotel redemption options, and rental car status matches are more immediately useful. The ability to access Hertz President’s Circle or SIXT ONE Platinum status could provide tangible benefits for frequent renters, while additional hotel redemption opportunities give members more ways to use their rewards.
The credit card changes deserve closer attention, particularly for members currently using Flexible Bilt Cash mode. We recommend reviewing your earning strategy before your next card anniversary to determine whether the updated housing points structure makes more sense than retaining 4% back in Bilt Cash on everyday purchases. We also see the move toward more flexible annual Bilt Cash credits as a positive change for Palladium and Obsidian cardholders, especially those who don’t regularly use hotel-specific credits. Overall, these updates offer some potentially valuable benefits, but members should evaluate how the changes affect their individual earning and redemption strategies before making any decisions.
New to the world of points and miles? The Capital One Venture Rewards Credit Card is the best card to start with.
Current offer: Limited Time Offer: Enjoy a $300 stays credit, plus earn 75K bonus miles once you spend $4,000 on purchases within 3 months from account opening.
Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel; 2X miles on all purchases.
Editors Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
10xTravel is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This site may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more. All values of Membership Rewards are assigned based on the assumption, experience and opinions of the 10xTravel team and represent an estimate and not an actual value of points. Estimated value is not a fixed value and may not be the typical value enjoyed by card members.
Editors Note: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
bonus cash back
after you spend $6,000 on purchases in the first 3 months from account opening.
earn 75K bonus miles
once you spend $4,000 on purchases within 3 months from account opening.
bonus points
after you spend $5,000 on purchases in the first 3 months from account opening.
Membership Rewards® Points
after you spend $8,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
