In 2024, Bilt added milestone rewards for each 25,000 factors members earned inside a calendar 12 months. However many Bilt Rewards members did not discover these milestone rewards significantly compelling. So, Bilt Money will launch Jan. 1, 2026, to interchange the milestone rewards program.
Bilt Money is a brand new rewards foreign money throughout the Bilt ecosystem. You may earn $50 in Bilt Money each time you earn 25,000 Bilt Factors, and you can redeem Bilt Money for a set worth at native retailers within the Bilt community (particularly, $10 of Bilt Money is value $10 with retailers within the Bilt community).
In response to a press launch from Bilt, examples of the way members will have the ability to use Bilt Money embody:
- Money off while you use cell eating checkout
- Resorts in Bilt’s journey portal
- Health courses
- Residence Supply orders
- One-time entry to elite standing advantages for Blue and Silver members, akin to upgraded standing for a Hire Day switch bonus, early entry to an expertise or Residence Away from Residence entry
Bilt additionally wrote that Bilt Money is “designed to develop alongside our increasing ecosystem of neighborhood retailers.” So, count on extra methods to earn and redeem Bilt Money after it launches.
And don’t fret: Bilt factors — and the worth you will get when redeeming them with the Bilt switch companions — are right here to remain. In any case, Bilt Money is a rewards foreign money you will earn along with Bilt factors.
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Lastly, Bilt has confirmed that any milestone rewards you declare earlier than the top of 2025 will stay energetic till they expire otherwise you’ve earned the utmost factors for that milestone reward. Nevertheless, unused milestone rewards will expire on the finish of 2025, so make sure to declare any rewards you earned earlier than the 12 months’s finish.
Bilt wrote in its press launch that it is “thrilled to launch Bilt Money: it represents the subsequent evolution of your membership, changing Milestone Rewards with a extra versatile reward foreign money that adapts to the way you wish to expertise our ecosystem.”
Granted, the incomes fee of Bilt Money is comparatively low at simply 0.2 cents per level, and you need to attain specified thresholds to earn Bilt Money. However, contemplating you will earn Bilt Money on prime of factors, it is a good bonus that may prevent actual money with retailers within the Bilt ecosystem.
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