Using Bilt’s transfer partners is the best way to get maximum value for your Bilt points. That’s always where we recommend starting, so be sure to check out our sweet spots for Bilt partners. Bilt also has a travel portal that can offer decent redemptions, but not nearly the same value as transferring to partners.

Bilt also introduced Bilt Cash as part of Bilt 2.0. We feel the best use of Bilt Cash is to use it for redeeming points on housing, but we'll outline all other options as well.

Bilt Travel Portal

You can book travel through the Bilt Travel Portal at a value of 1.25 cents per point. It’s not the best redemption, but it’s not bad either. This wouldn’t be our first choice because Bilt’s transfer partners offer better value, but booking travel that isn’t possible with transferable miles, like rental cars or cruises, can be a good use of points when you’d rather not pay cash.

Bilt Cash

Bilt Cash is new with Bilt 2.0. It’s a fixed-value currency that replaces Milestone Rewards and is separate from Bilt Points. Unlike points, Bilt Cash is not transferable to airline or hotel partners and can only be used within the Bilt ecosystem.

You can earn Bilt Cash in a variety of ways. You'll receive a set number when you sign up for each credit card as part of its welcome offer (no spending required). You'll then earn 4% in Bilt cash on all non-housing payment purchases and $50 in Bilt Cash for every 25,000 points earned.

Use it to earn points on housing

Its most important use is unlocking points on housing payments. Every $30 in Bilt Cash lets you earn 1,000 Bilt Points on rent or mortgage, up to your full monthly payment if you choose Option 2 for how you will be rewarded for housing payments.

How it works

If your housing payment is $2,000 per month, using $60 in Bilt Cash earns 2,000 points on that payment
You can use as much or as little Bilt Cash as you want
- For example, you could use $30 in Bilt Cash and earn 1,000 points on a $2,000 housing payment
- The max redemption is 1x points on housing, though, so if you have more than $60 in Bilt cash, you can save it for the next month's housing or redeem it in other ways

Bilt Cash Redemption Options

Bilt marketed Bilt Cash as a way to deliver dollar-for-dollar value, but once redemption options expanded beyond earning points on housing payments, that promise started to ring hollow. While the “dollar for dollar” claim is technically true, the redemption limits Bilt has put in place make many options annoying at best and worthless at worst. Using Bilt Cash in these ways feels similar to the coupon-book style of “benefits” that has become common with credit cards, except those benefits are typically unlocked just by holding the card. With Bilt, you must first earn the Bilt Cash through spend before you can use the coupons at all.

Our favorite ways to use Bilt Cash

If you have extra Bilt Cash from signing up for the card or from choosing Option 2 for your housing payment rewards, here are our favorite ways to redeem it. Note that some options may require holding an annual fee card or having Bilt status. Where that applies, we’ll call it out.

Unlock higher transfer bonuses: Use Bilt Cash to temporarily upgrade your Rent Day transfer bonuses to the next status tier.
- Example: A Gold Member can redeem $75 in Bilt Cash to upgrade from a 75% transfer bonus to a 100% transfer bonus
- Why we like this: Why we like this: Unlike coupon-style redemptions, this use of Bilt Cash directly improves airline or hotel transfer value, which is where points are most valuable
Monthly hotel credit: Use Bilt Cash in the Travel Portal for a two-night minimum stay.
- Example: Use up to $50 per month for Blue and Silver members, and up to $100/month for Gold and Platinum members
- Why we like this: Palladium cardmembers benefit the most, as this can stack with the bi-annual $200 hotel credit to create true out-of-pocket savings rather than a coupon-style benefit (Palladium cardholders also get complimentary Gold status as part of the welcome offer for the rest of the year they earn it through the end of the following year)

Other ways to use Bilt Cash

Here are other ways to use Bilt Cash. Most of these are low value, coupon book style of uses that will take time and effort. You may find value in some, but most won't move the needle enough to justify the annual fee on the Obsidian or Palladium on their own. Factor in all other benefits to determine if holding either card long-term is best.

Points & Rewards Boosts

Points Accelerator on Everyday Spend: Redeem $200 in Bilt Cash to earn +1X bonus points on up to $5,000 of spend; available to Obsidian and Palladium members only, up to five activations per year.

Travel & Transportation

BLADE flight credits: Redeem up to $350 per seat, for up to two seats per year, toward BLADE helicopter or jet flights.
Blacklane ride credits: Redeem up to $50 per year (Blue/Silver), $100 per year (Gold), or $150 per year (Platinum) for chauffeur rides.
Lyft rideshare credits: Receive $10 per month, up to $120 per year, toward Lyft rides.
Neighborhood parking credits: Redeem $5 per month, up to $60 per year, at participating Bilt Neighborhood Parking locations.

Dining & Food Delivery

Restaurant partner credits: Redeem up to $25 per month, or $300 per year, at participating Bilt Dining partner restaurants.
Dining experience credits: Use up to $50 per month, or $600 per year, toward curated dining experiences.
Grocery & restaurant delivery credits: Redeem up to $10 per month, or $120 per year, for grocery and restaurant delivery (via GrubHub)
15-minute home delivery credits: Redeem up to $5 per month, or $60 per year, for ultra-fast delivery of groceries, alcohol, and essentials.
Gopuff Fam membership: Use up to $100 per year in Bilt Cash to cover a Gopuff Fam subscription.

Entertainment & Lifestyle

Comedy experience credits: Redeem up to $50 per month, or $600 per year, for comedy and live entertainment experiences.
Group fitness class credits: Redeem up to $40 per month, or $480 per year, for group fitness classes booked through the Bilt app.
Bilt Design Collection credits: Use up to $10 per month, or $120 per year, toward items in the Bilt Design Collection.
Walgreens credits: Redeem $10 per month, up to $120 per year, for Walgreens purchases.

Airport & Lounge Benefits (Palladium only)

Priority Pass guest credits: Redeem up to $64 per month, or $768 per year, to cover Priority Pass guest fees.

Down Payment

You can use Bilt points toward a down payment on a home purchase at a 1.5 cent per point rate. This can only be done in the United States and only once per home purchase. It wouldn’t be our first choice, but it’s a unique option worth mentioning.

What you shouldn’t do

These redemptions offer poor value compared to transferring to partners, so we don’t recommend using Bilt points this way.

Student loan repayments: Redeem at 1 cent per point.
Gift cards: Redeem at 0.7 cents per point at best.
Cash back/statement credit: Redeem at 0.55 cents per point.
Lyft rides: Apply points at checkout for 0.7 cents per point.
Amazon: Redeem for 0.7 cents per point.