New Bilt Money particulars: Earn 3x factors on the Palladium Card and extra

Buckle up, as a result of Bilt continues to launch particulars about its 2.0 program — which, as you might know, contains three new bank cards, two incomes choices and now a wholly new second rewards forex: Bilt Money.

Bilt Money does not substitute Bilt Rewards Factors, that are usually thought to be probably the most helpful sort of loyalty program forex (per TPG’s January 2026 valuations), largely on account of their high-quality switch companions. As an alternative, Bilt Money will be earned alongside factors and can unlock numerous credit, momentary standing upgrades, the flexibility to earn extra factors on spending and different particular goodies throughout the Bilt ecosystem.

This extra forex can also be a part of the trio of bank card welcome bonuses and will be earned at a 4% charge on nonhousing spend if you choose that incomes possibility.

However one of many lingering greater questions from the Bilt 2.0 launch: What precisely does Bilt Money do?

Now we all know what it would do starting Feb. 1.

Bilt unveils new Bilt Money particulars

So, the short-ish reply: Bilt Money will be cashed in for Blade helicopter rides, unlock higher Hire Day switch bonus tiers and be spent as credit with Bilt’s companions corresponding to Lyft and GrubHub, amongst others. There are month-to-month and annual caps for a lot of the companions and choices.

There is a fairly thrilling possibility that may enhance the incomes charges of each the Bilt Obsidian Card (see charges and costs) and the Bilt Palladium Card (see charges and costs) by a full level per greenback spent, which signifies that the Palladium can nearly earn you 3 factors per greenback spent on purchases made utilizing the cardboard.

As a refresher, listed below are the welcome bonuses for the Bilt playing cards.

• Bilt Blue Card (see charges and costs): Earn $100 in Bilt Money while you apply and are accredited.
• Bilt Obsidian Card: Earn $200 in Bilt Money while you apply and are accredited.
• Bilt Palladium Card: Earn 50,000 bonus factors and Bilt Gold standing (by the remainder of the calendar 12 months through which it was earned and the next calendar 12 months) after spending $4,000 on purchases within the first three months from account opening. Moreover, cardholders obtain $300 in Bilt Money upon approval and $200 in further annual Bilt Money.

And a fast reminder that with the Bilt 2.0 playing cards, outdoors of the welcome bonus Bilt Money, you might have to select (you can change month-to-month) on whether or not you’ll earn 4% in Bilt Money on all on a regular basis purchases (together with Bilt factors), or to forgo incomes Bilt Money in your on a regular basis purchases and as an alternative depend your on a regular basis card spending towards spending tiers that unlock incomes a set share of factors in your hire or mortgage funds (as much as 1.25 factors).

How one can spend Bilt Money

Earlier than we dive into the Bilt Money choices we’re most enthusiastic about based mostly on the just-released record, this is the total record of ways in which Bilt has introduced that it is possible for you to to spend your Bilt Money. This record could be very prone to evolve as time goes on, however it ought to offer you a taste for what is on the market at launch.

Eating and groceries

• GrubHub: As much as $10 credit score every month towards restaurant and grocery supply. Accessible beginning March 1, 2026.
• Bilt’s 15-minute residence supply powered by Gopuff: As much as $5 credit score every month.
• GoPuff Fam (free supply and discounted groceries): As much as $100 yearly, redeemable for a month-to-month or annual membership. Accessible beginning March 1, 2026.
• Bilt Eating companions by way of cellular eating checkout: One go to monthly as much as $25 (Bilt says that is increasing to 1000’s of eating places nationwide this 12 months).
• Bilt eating experiences: As much as $50 monthly. Accessible March 1, 2026.

Cardholder unique bonus factors

Cardholder unique bonuses can be found when card incomes is ready to 4% again in Bilt Money on on a regular basis spend.

• Level accelerator on on a regular basis spend on the Obsidian and Palladium Playing cards to allow one additional level per greenback on all on a regular basis spend for the following $5,000 in spending following activation for a value of $200 in Bilt Money. Can be utilized for as much as 5 activations per 12 months and expires after $5,000 in spending or on the finish of the 12 months.
• Obsidian earnings when that supply is enabled: 4 factors per greenback spent on eating or grocery, 3 factors per greenback spent on journey, 2 factors per greenback on on a regular basis spend
• Palladium earnings when that supply is enabled: 3 factors per greenback on on a regular basis spend
• Unlock incomes factors on month-to-month hire or mortgage funds (with no transaction charges) at a charge of incomes one level per greenback on as much as $1,000 of your hire or mortgage cost per $30 in Bilt Money spent, as much as the quantity of your hire or mortgage cost.

Journey and transportation

• Unlock increased switch bonuses: Use Bilt Money to unlock one tier increased on Hire Day switch bonuses. For instance, Gold members can unlock Platinum-level bonuses with this redemption. Platinum members can unlock an extra enhance as properly. This one has an instance price of $75, however it’s also labeled topic to vary.
• Resort stays within the Bilt Journey portal: Redeem as much as $50 a month for Blue and Silver Bilt members and $100 monthly for Gold and Platinum members. There’s a two-night minimal keep for these redemptions.
• Lyft credit: As much as $10 credit score monthly towards Lyft rides
• Blacklane rides: Redeem credit score for Blacklane rides, as much as $50/12 months (Blue & Silver), $100/12 months (Gold) or as much as $150/12 months (Platinum).
• Blade credit: Redeem as much as $350 per seat, as much as two bookings per 12 months. Accessible beginning March 1, 2026.
• Unlock House Away from House advantages: Bilt Blue and Silver members can redeem $95 in Bilt Money to unlock House Away from House resort reserving advantages. Accessible beginning March 1, 2026.
• Precedence Move additional visitor credit: Palladium cardholders can redeem Bilt Money for as much as two Precedence Move visitor charges lined monthly at $32 per visitor (max $64 monthly). Accessible beginning March 1, 2026.
• Bilt Neighborhood parking: Redeem as much as $5 monthly at Bilt Neighborhood Parking places. Accessible beginning March 1, 2026.

Well being and wellness

• Health courses within the Bilt app: Redeem as much as $40 monthly for a health class (together with SoulCycle, Barry’s, and others)
• Walgreens: Redeem as much as $10 monthly towards a Walgreens credit score
• Bilt comedy experiences: Redeem as much as $50 monthly for Bilt comedy experiences. Accessible beginning March 1, 2026.
• Bilt Design Assortment: Redeem as much as $10 monthly towards Bilt Design Assortment purchases.

Our potential favourite methods to make use of Bilt Money

That is all new and really prone to evolve, however listed below are the Bilt Money choices that caught our eye proper off the bat.

Earn 3 factors per greenback spent on on a regular basis purchases with the Bilt Palladium card

That is The Factors Man in any case, so the primary possibility that caught our eyes is the flexibility to money in $200 in Bilt Money to earn an extra 1 level per greenback on your entire nonhousing spending (as much as $5,000) on each the Bilt Obsidian Card and the Bilt Palladium Card, as much as 5 occasions 12 months 12 months.

Subsequently, with the Obsidian Card, you might earn:

• 4 factors per greenback spent on eating or grocery purchases (as much as $25,000 per 12 months for the eating or grocery bonus)
• 3 factors per greenback spent on journey
• 2 factors per greenback spent on on a regular basis spending

On the Bilt Palladium Card, you might earn 3 factors per greenback spent on on a regular basis purchases.

With the extra bonus on the Palladium card, that’s an unimaginable return of 6.6 cents per greenback on on a regular basis spending, per TPG’s January 2026 valuations. Assuming you typically maximize your Bilt Rewards with high-value switch companions corresponding to World of Hyatt and Atmos Rewards, or by way of Bilt’s periodic Hire Day switch bonuses, that is an possibility completely value contemplating for individuals who plan to place on a regular basis spending on this card.

What makes this particularly fascinating is that you are able to do it as much as 5 occasions per 12 months. When you attain the $5,000 spending cap, you may unlock the extra level bonus once more as much as that annual cap by cashing in one other $200 in Bilt Money, which you’d earn after spending $5,000 on the 4% Bilt Money incomes charge. Rinse and repeat a couple of occasions, as they are saying.

Blade helicopter rides

For individuals who are able to earn numerous Bilt Money, Blade appears like a great way to place that money to make use of doing one thing you might not at all times in any other case get to do.

For these not acquainted, Blade is the helicopter service that may take you to/from Manhattan to New York’s John F. Kennedy Worldwide Airport (JFK) and Newark Liberty Worldwide Airport (EWR) in a matter of minutes.

Most Blade flights presently begin at $270 per seat, in response to my searches (although Blade advertises a beginning worth of $195), so utilizing as much as $350 in Bilt Money a max of twice per 12 months ought to be sufficient to cowl most Blade flights to these NYC-area airports.

Unlock the following standing tier of switch bonuses on Hire Day

This Bilt Money possibility has the potential to be very fascinating — although precisely how fascinating will rely upon the main points of every switch bonus and the quantity of Bilt Money required to unlock the following standing tier of ratios.

However as an instance you might have Bilt Gold standing by advantage of holding the Bilt Palladium Card. With this Bilt Money redemption possibility, it is possible for you to to make use of a yet-to-be-announced quantity of Bilt Money to unlock the following switch bonus ratio usually reserved for the Platinum tier of Bilt members.

Pondering of the December 2025 Hire Day switch bonus to Avios, that may have theoretically meant that as an alternative of getting a 75% bonus as a Bilt Gold member, you might have used Bilt Money to purchase as much as the 100% switch bonus tier usually reserved for Bilt Platinum members.

If you happen to had been transferring 100,000 Bilt factors (at a 100% bonus) by briefly unlocking the Platinum tier that was out there in that month, you’d obtain 25,000 extra Avios than you’d have on the Gold tier with its 75% bonus. Assuming the worth stays within the $75 Bilt Money vary that was introduced right this moment, that is a doubtlessly nice worth.

Associated: Finest methods to redeem British Airways Avios: From flights to Hawaii to island hopping within the Caribbean

Earn factors on hire or mortgage funds

Final however completely not least, the choice to make use of Bilt Money to unlock incomes factors on hire or mortgage funds is totally excessive on our curiosity record.

You’ll be able to earn 1 level per greenback spent on hire or mortgage funds for each $1,000 of funds made with $30 in Bilt Money. So, in case your month-to-month housing cost is $2,500 and also you need to earn 1 level per greenback, it might take $75 in Bilt Money to make these 2,500 Bilt factors a actuality. In fact, you may choose to make use of much less Bilt Money to earn factors on a smaller share of your housing cost.

Mathematically, that is truly an much more rewarding possibility than the flexibility to redeem $200 in Bilt Money to earn an additional level per greenback on $5,000 in spending on the Obsidian or Palladium Playing cards. At a charge of $30 in Bilt Money per 1 level per greenback spent on $1,000 in housing funds, you’d truly be capable to earn 1 level per greenback on as much as $6,666 of housing funds with $200 in Bilt Money, slightly than the $5,000 of 1 bonus level per greenback on on a regular basis spending on the playing cards, in the event you needed to take a look at it that manner.

In fact, this is not essentially an both / or scenario, so maybe the precise manner to take a look at all of it, assuming you earn sufficient Bilt Money, is “why not each?”

Backside line

Very similar to a big multi-page Cheesecake Manufacturing facility menu, the Bilt 2.0 rollout has been rather a lot to soak up all of sudden.

The upside is that you’ve got many decisions, together with the way you earn and use Bilt Money. However that breadth of alternative can even admittedly make it really feel somewhat overwhelming at first, particularly proper now, as none of that is dwell to be used fairly but.

However doubtlessly incomes 3 factors per greenback spent on the Palladium Card (unlocked when redeeming $200 in Bilt Money, capped at $5,000, 5 occasions per 12 months) is a really stable possibility. And naturally, utilizing Bilt Money to unlock incomes fee-free factors in your hire or mortgage cost isn’t solely core to the Bilt program, however a superb use of Bilt Money.

We’ll actually replace extra as Bilt Money goes dwell and certain evolves.