Bilt’s 2027 Changes Add Daily Rewards and Reshape Bilt Cash

Bilt’s 2027 updates put more weight on everyday activity and change when members receive or can use certain benefits. The dates matter: Daily Rewards begin January 15, hotel redemptions with Bilt Cash shift to a twice-yearly schedule on January 1, and cardholders’ new earning structure takes effect on their card anniversary.

For cardholders, the main decision is whether to move to the updated benefit structure or keep Flexible Bilt Cash mode. That choice has a deadline tied to the anniversary date, so it’s worth checking the date and comparing the two setups before then.

Daily Rewards pair housing payments with local activity

Starting January 15, 2027, each on-time monthly rent or mortgage payment will earn one Daily Reward. Members can also earn one per day through qualifying activity with a participating neighborhood partner. Examples include a meal, fitness class or ride.

Each Daily Reward reveals two possible rewards, and the member chooses one to keep. Options can include Bilt Points, Bilt Cash or collectibles that build toward larger prizes. Listed prize possibilities include $1 million toward a home purchase, 10 million Bilt Points, a year of free rent or mortgage, a year of free Lyft rides, and a dream getaway. These are possibilities within the program; they aren’t a guaranteed return for making a payment or completing a partner activity.

People who hold a Bilt Card will continue earning Bilt Points on rent and mortgage under their current housing earnings arrangement, with Daily Rewards added on top. That means the new feature supplements those cardholders’ housing earnings rather than replacing them, based on the announced terms.

Bilt Cash gets a rolling expiration date

Beginning in 2027, Bilt Cash will expire at the end of the month 12 months after it was earned. This replaces the current year-end expiration structure. For example, $100 earned in February 2026 will expire on February 28, 2027. With this schedule, the relevant date depends on when each amount was earned, so tracking balances by month may help members plan eligible uses before expiration.

Hotel redemptions using Bilt Cash will also change. Starting January 1, 2027, members will be able to make these redemptions twice per year instead of monthly. The maximum value per redemption depends on status and, for the highest listed amount, card eligibility:

• Blue and Silver: Up to $50 per redemption, or $100 per year.
• Gold and Platinum: Up to $100 per redemption, or $200 per year.
• Eligible Palladium cardholders: Up to $200 per redemption, or $400 per year.

The change makes timing more important for members who use Bilt Cash toward hotel stays. A balance may have a rolling expiration date, while hotel redemptions are limited to two opportunities each year. Members will need to consider both the amount available and the redemption schedule when deciding when to use it.

Hotel and rental car perks vary by status

From 2027, Gold and Platinum members will be able to use Bilt Points at checkout for Home Away from Home hotel bookings. Eligible bookings can include access to luxury hotel benefits. The announcement doesn’t specify the details of those benefits, so members should check the booking terms when considering a stay.

Bilt is also adding rental car status matches. Platinum members will receive SIXT ONE Platinum and Hertz President’s Circle status. Gold and Silver members will receive SIXT ONE Gold and Hertz Five Star status. These tiers differ by membership level, so the applicable match depends on a member’s Bilt status.

Card benefits move on each anniversary

Product upgrades are already available through the Bilt app for eligible cardholders. The updated set of card benefits will take effect for each person on their card anniversary. Under the new structure, everyone will be able to earn up to 1.25X points on rent or mortgage. Bilt is also retiring Flexible Bilt Cash mode, which earns 4% back in Bilt Cash on everyday spending.

The regular points multipliers on everyday purchases are not changing. Cardholders who prefer to keep Flexible Bilt Cash mode can opt out of the new benefit structure before their anniversary date. If they opt out, they stay on Flexible Bilt Cash mode and can’t switch back and forth between the two structures. Members who want the new setup don’t need to take action; the card transitions on the anniversary date.

Palladium and Obsidian credits change form

Palladium and Obsidian cardholders will receive annual Bilt Cash credits on their card anniversary instead of January 1. Both groups will continue to be able to redeem Bilt Cash for Point Accelerator under the new benefit setup.

• Palladium: The current $200 Bilt Cash credit and $400 hotel credit will become one $600 annual Bilt Cash credit.
• Obsidian: The current $100 Bilt Travel Hotel credit will become $100 in annual Bilt Cash.

The credits can be used toward eligible hotel stays or other eligible Bilt Cash redemptions. For existing cardholders, checking the anniversary date is the practical first step: it sets when the earning structure changes and when the annual credit arrives. Anyone who wants to retain the 4% Bilt Cash setup should make the opt-out decision before that date, since the choice can’t later be reversed by switching between structures.