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Our site may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened with our partners, and this may impact how or where these products appear. While we don't cover all available credit cards, our editorial team creates and maintains all of the analysis of these cards, and our content is not influenced nor subject to review by any credit card company, bank or partner prior to (or after) publication. Please view our advertising policy and product review methodology for more information.
Guides
What is Bilt Cash? How to earn and redeem this reward currency
Katie Genter is a digital nomad who has traveled full time since June 2017. She writes and edits stories about points and miles, and loyalty programs, often letting her personal experiences color these stories.
September 28, 2026 • 10 min read
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don't cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.
Editorial note: This is a recurring post, regularly updated with new information and offers. TPG founder Brian Kelly is a Bilt adviser and investor.
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Quick summary
Bilt Cash is a secondary rewards currency within the Bilt ecosystem, earned through milestones and select cardholder activities.
Members can redeem Bilt Cash for credits, travel, experiences and other benefits, though redemption caps apply to most options.
Bilt Cash cannot be exchanged for actual cash or transferred to others, and it expires at the end of each calendar year with a limited rollover allowance.
The optimal value is often found by redeeming Bilt Cash for dollar-for-dollar credits, but using it to unlock bonus points or special benefits may also be worthwhile in certain cases.
What to consider
Bilt Cash expires annually, but up to $100 of unused balance can roll over to the next year.
Redemption opportunities are subject to monthly, semi-annual or annual limits, and some require linking with partner programs.
Redeeming Bilt Cash to earn more points is only optimal if you achieve higher redemption rates.
What you'll miss from the article
A detailed breakdown of Bilt Cash earning methods, redemption strategies and how to maximize value within the Bilt ecosystem.
Generated by AI with support from our editorial team.
Comments
By commenting, you agree to our Community Guidelines to help create a positive space for conversation. The responses below are not provided or commissioned by the bank advertiser, our partners, or The Points Guy (“TPG”). They have not been reviewed, approved, or otherwise endorsed by any of these parties. All responses are submitted by individual contributors, and neither the bank advertiser, our partners, nor TPG are responsible for ensuring that all posts and/or questions are answered.
Bilt Cash joined Bilt Points in early 2026 as a second rewards currency within the Bilt ecosystem.
Bilt members can earn Bilt Cash by reaching qualifying points milestones, and Bilt cardholders have additional ways to earn it. Meanwhile, members can redeem Bilt Cash for credits, travel and other benefits.
Here's how Bilt Cash works and how to get the most value from it.
Not a member? Join Bilt now to start earning and redeeming Bilt Points.
What is Bilt Cash?
Bilt Cash is a rewards currency that you can earn as a Bilt member in addition to Bilt points.
You earn Bilt Cash by engaging with the Bilt program, and you can redeem it across the Bilt ecosystem for dollar-for-dollar value, special access and more. Despite its name, Bilt Cash can't be redeemed for actual cash or transferred to another member.
Checking your Bilt Cash balance is easy. Just open the Bilt website or app and navigate to your wallet.
BILT
If you have a Bilt card, you may see it first when you click your wallet. But your Bilt Cash balance should also appear lower on the page. Click on ‘Redeem’ to see your redemption options.
How to earn Bilt Cash
There are two primary ways to earn Bilt Cash: through the Bilt loyalty program and with a Bilt credit card.
You'll receive $50 in Bilt Cash each time you earn 25,000 qualifying Bilt points toward elite status in a calendar year. You can see your progress toward points milestones on the Credits tab of the Rewards page on the Bilt website or app.
BILT
Plus, Bilt cardholders can choose between two reward options:
Flexible Bilt Cash: Earn 4% in Bilt Cash on everyday spending in addition to the Bilt points you'd normally earn.
Housing-only rewards: Your everyday card spending determines how many points you'll earn on rent or mortgage payments, up to 1.25 points per dollar.
Bilt cards also include Bilt Cash as part of their welcome offers:
Bilt Blue Card (no annual fee; see ): $100 of Bilt Cash when you apply and are approved
Bilt Obsidian Card ($95 annual fee; see ): $200 of Bilt Cash when you apply and are approved
Bilt Palladium Card ($495 annual fee; see ): Earn 50,000 bonus points and Gold elite status after $4,000 of nonhousing spend in the first 90 days from account opening, plus $300 of Bilt Cash when you apply and are approved
In addition to the Bilt Cash in its welcome offer, Bilt Palladium cardmembers also get $200 in Bilt Cash each calendar year. This $200 is provided when you open your account and then on Jan. 1 of each subsequent year.
Bilt Cash expires at the end of each calendar year, but up to $100 of unused Bilt Cash rolls over to the next calendar year.
You can redeem Bilt Cash for dollar-for-dollar monthly credits, premium experiences and enhanced benefits across the Bilt ecosystem.
However, Bilt caps how much Bilt Cash you can redeem toward most options on a monthly, bi-annual or annual basis. And, you'll often need to have your Bilt account linked with the partner program before you can redeem Bilt Cash with partners.
Here are some of the ways you can redeem Bilt Cash.
Dining, fitness and experiences
Grubhub or Seamless credit: $10 of Bilt Cash per month
Restaurant credit at select Bilt Dining partners: Up to $25 of Bilt Cash per month
Bilt dining experiences: Up to $50 of Bilt Cash per month
Group fitness class credit: Up to $40 of Bilt Cash per month for up to one group fitness class per month
Bilt comedy experiences: Up to $50 of Bilt Cash per month
Equinox credit toward spa services, personal training and pilates sessions: Up to $75 of Bilt Cash twice per year for Blue members, up to $100 of Bilt Cash twice per year for Silver members and up to $150 of Bilt Cash twice per year for Gold and Platinum members; members can redeem and use Bilt Cash once during January to June and once during July to December each year; the minimum redemption is $50
Travel benefits and credits
Lyft credit: $10 of Bilt Cash per month
Unlock Home Away from Home hotel benefits: Blue and Silver members can use $95 of Bilt Cash to unlock one booking per month at a Bilt Home Away from Home property (Gold and Platinum members get access to book these properties as a status perk)
Bilt travel portal hotel credit: Up to $50 of Bilt Cash per month for Blue and Silver members and up to $100 of Bilt Cash per month for Gold and Platinum members toward hotel bookings of at least two nights
Blacklane rides: Up to $50 of Bilt Cash per year for Blue and Silver members, up to $100 of Bilt Cash per year for Gold members and up to $150 of Bilt Cash per year for Platinum members
Blade airport flight credit: $350 of Bilt Cash per seat booking (up to two seat bookings per year, for a total of up to $700 per year); if a seat costs less than $350, you’ll forfeit the remaining credit
Priority Pass extra guest credits: Bilt Palladium cardholders can redeem up to $70 of Bilt Cash per month to cover up to two guest fees per month
Other ways to redeem Bilt Cash
Bilt home delivery: Up to $5 of Bilt Cash per month
Walgreens credit: $10 of Bilt Cash per month
Bilt Design Collection: Up to $20 of Bilt Cash per month
Unlock the next tier of a Bilt Rent Day transfer bonus: Pricing varies
Bilt cardmembers who select the flexible Bilt Cash option can also redeem Bilt Cash to unlock Bilt points on monthly rent and mortgage payments. The redemption rate is 3 cents of Bilt Cash per point unlocked. So, if your monthly rent is $1,000, you could redeem $30 in Bilt Cash to earn 1,000 Bilt points on a month of rent. Importantly, the minimum redemption is 3 cents of Bilt Cash, which would unlock 1 point.
Finally, Bilt cardmembers with the Obsidian Card or the Palladium Card who have selected the flexible Bilt Cash option can redeem Bilt Cash to earn more points. Specifically, these cardmembers can redeem $200 of Bilt Cash to unlock an extra point per dollar spent on eligible everyday purchases for the next $5,000 in spending following activation.
Cardmembers can redeem Bilt Cash to unlock elevated earnings up to five times a year, and each activation expires after $5,000 in spending or at the end of the year. If you redeem Bilt Cash to unlock higher earnings on your Bilt card, the base earning rates with the accelerator active are as follows:
Obsidian: 4 points per dollar in your selected dining or grocery category (grocery is capped at $25,000 in purchases each calendar year), 3 points per dollar on other travel and 2 points per dollar on other everyday purchases
Palladium: 3 points per dollar spent on everyday purchases
The best way to redeem Bilt Cash depends on many factors. Here's how the main options compare:
Redemption
Value or cost
When it can make sense
Dollar-for-dollar credits
$1 in value per $1 of Bilt Cash
When you'd use the credit anyway
Points on rent or mortgage payments
Costs 3 cents of Bilt Cash per point
When you can redeem the resulting Bilt points for more than 3 cents each
Points Accelerator
Costs 4 cents of Bilt Cash per additional point (assuming you use the full $5,000 of accelerated spending)
When you can redeem the resulting Bilt points for more than 4 cents each
Transfer-bonus or other benefit upgrades
Varies
When the additional benefit exceeds the Bilt Cash you're spending
TPG's September 2026 valuations note that Bilt points are worth 2.2 cents each. Based on that valuation, dollar-for-dollar credits will often be the more straightforward use of Bilt Cash than effectively paying 3 or 4 cents per point to earn additional Bilt points.
That doesn't mean earning more points is always a poor redemption. Bilt points can sometimes provide more than 3 or 4 cents apiece in value through transfer partners. If you already have a high-value redemption in mind, using Bilt Cash to unlock housing points or the Points Accelerator could make sense.
Other redemptions can also outperform their face value. For example, using Bilt Cash to unlock a higher Rent Day transfer bonus could provide significant value if you're transferring a large number of points, while unlocking Home Away from Home benefits could be worthwhile for a specific stay.
For most members, I'd start with dollar-for-dollar credits they'll use naturally, such as Grubhub, Bilt Dining, Lyft or eligible hotel bookings through the Bilt travel portal. Since many of these credits have monthly or annual caps, you can then consider using any remaining Bilt Cash for additional points, transfer-bonus upgrades or other benefits.
The Bilt Cash in your account expires at the end of each calendar year, regardless of when you earned it. However, you can roll over up to $100 in Bilt Cash each year.
Bottom line
Bilt Cash isn't as flexible as Bilt points, but it can still provide straightforward value across the Bilt ecosystem.
I'd generally prioritize dollar-for-dollar credits you can use naturally before effectively paying 3 or 4 cents per point to earn more Bilt points.
However, housing points, point accelerators and transfer-bonus upgrades can still make sense when you know you'll get enough value from the additional points. Just be mindful of your balance toward the end of the year, since only up to $100 of unused Bilt Cash rolls over.
