Bilt Guarantees Points On Rent And Mortgage Payments After Member Backlash

Bilt Guarantees Points On Rent And Mortgage Payments After Member Backlash

Live and Let's Fly business

Key Points:

  • Bilt has revised its Bilt Card 2.0 rewards program following member confusion, now offering two options for earning points on rent and mortgage payments: a simplified, fee-free points system tied to everyday spending, or the original Bilt Cash model.
  • The new simplified option allows cardholders to earn points automatically on housing payments without transaction fees, with multipliers up to 1.25x based on their everyday spending, and removes the previous 100,000-point annual cap on housing rewards.
  • The original Bilt Cash system remains available, where users earn 4% back in Bilt Cash on everyday purchases and can use this currency to unlock points on housing payments or redeem it within the Bilt ecosystem.
  • CEO Ankur