Bilt is changing how its credit card rewards work in 2027, and some existing cardholders may need to take action before their next card anniversary to preserve an important earning option.
Starting January 2027, new Bilt cardholders will only be able to choose the housing-focused rewards structure, which offers up to 1.25 points per dollar on eligible rent or mortgage payments but does not earn Bilt Cash. Existing eligible cardholders can preserve the option to earn 4% Bilt Cash on purchases—but they must select it before their cardmember anniversary.
How to Keep Earning Bilt Cash
If you hold an eligible Bilt Palladium or Obsidian card, the selection is available in the Bilt app.
Follow these steps:
- Open the Bilt app and go to your wallet.
- Select your Bilt card and scroll to Your card rewards.
- Tap the filter icon on the Bonus Rewards tile.
- Select the “Moving to” bar to open the updated rewards options.
- Swipe until you see Flexible Bilt Cash.
- Select it and tap Save.
Check for the confirmation screen to make sure your selection has been saved.
Pay attention to your anniversary date. According to the supplied source, you must make your selection before that date. Once the deadline passes, you cannot switch back to the Bilt Cash option.
Why Bilt Cash Could Be Valuable
For some cardholders, the biggest advantage is Bilt’s point accelerator.
Eligible Palladium and Obsidian cardholders can use $200 in Bilt Cash to unlock an additional point per dollar on up to $5,000 in purchases. The feature can be activated up to five times per year.
That means spending $25,000 across five activations could earn an additional 25,000 points, on top of the card’s usual rewards. The strategy depends on having enough Bilt Cash to activate each accelerator.
Under the source’s example, earning 4% Bilt Cash on spending helps replenish the $200 needed for the next activation. Without that earning option, some cardholders may struggle to fund all five.
Should You Keep Bilt Cash?
The answer depends on how you use your card. Flexible Bilt Cash may appeal to people who actively manage rewards and want to maximize point earning. The housing-focused option may be simpler for people who mainly want rewards from rent or mortgage payments.
If you prefer the new housing-only structure, no action is required.
The smarter take:
Check your Bilt rewards settings and card anniversary now. If you want to keep earning Bilt Cash, select Flexible Bilt Cash before your deadline and confirm the change. Review the current program terms before making your decision, since rewards rules can change.