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 exchange Bilt Rewards Factors, that are usually considered probably the most useful kind of loyalty program forex (per TPG’s January 2026 valuations), largely because of their high-quality switch companions. As a substitute, Bilt Money could be earned alongside factors and can unlock numerous credit, non permanent standing upgrades, the flexibility to earn extra factors on spending and different particular goodies inside the Bilt ecosystem.

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

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 could be cashed in for Blade helicopter rides, unlock higher Lease Day switch bonus tiers and be spent as credit with Bilt’s companions resembling Lyft and GrubHub, amongst others. There are month-to-month and annual caps for many of the companions and choices.

There is a fairly thrilling choice that may improve the incomes charges of each the Bilt Obsidian Card (see charges and charges) and the Bilt Palladium Card (see charges and charges) by a full level per greenback spent, which signifies that the Palladium can just about 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 charges): Earn $100 in Bilt Money if you apply and are permitted.
• Bilt Obsidian Card: Earn $200 in Bilt Money if you apply and are permitted.
• Bilt Palladium Card: Earn 50,000 bonus factors and Bilt Gold standing (by way of the remainder of the calendar yr through which it was earned and the next calendar yr) 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 extra annual Bilt Money.

And a fast reminder that with the Bilt 2.0 playing cards, outdoors of the welcome bonus Bilt Money, you’ve gotten to select (that you would be able to 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 a substitute rely your on a regular basis card spending towards spending tiers that unlock incomes a set share of factors in your lease 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 listing, this is the complete listing of ways in which Bilt has introduced that it is possible for you to to spend your Bilt Money. This listing may be very more likely to evolve as time goes on, nevertheless 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. Out there 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. Out there beginning March 1, 2026.
• Bilt Eating companions by way of cellular eating checkout: One go to per thirty days as much as $25 (Bilt says that is increasing to 1000’s of eating places nationwide this yr).
• Bilt eating experiences: As much as $50 per thirty days. Out there 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 yr and expires after $5,000 in spending or on the finish of the yr.
• 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 lease or mortgage funds (with no transaction charges) at a fee of incomes one level per greenback on as much as $1,000 of your lease or mortgage fee per $30 in Bilt Money spent, as much as the quantity of your lease or mortgage fee.

Journey and transportation

• Unlock larger switch bonuses: Use Bilt Money to unlock one tier larger on Lease Day switch bonuses. For instance, Gold members can unlock Platinum-level bonuses with this redemption. Platinum members can unlock a further enhance as nicely. This one has an instance value of $75, however it is usually labeled topic to alter.
• Lodge stays within the Bilt Journey portal: Redeem as much as $50 a month for Blue and Silver Bilt members and $100 per thirty days for Gold and Platinum members. There’s a two-night minimal keep for these redemptions.
• Lyft credit: As much as $10 credit score per thirty days towards Lyft rides
• Blacklane rides: Redeem credit score for Blacklane rides, as much as $50/yr (Blue & Silver), $100/yr (Gold) or as much as $150/yr (Platinum).
• Blade credit: Redeem as much as $350 per seat, as much as two bookings per yr. Out there beginning March 1, 2026.
• Unlock Residence Away from Residence advantages: Bilt Blue and Silver members can redeem $95 in Bilt Money to unlock Residence Away from Residence resort reserving advantages. Out there beginning March 1, 2026.
• Precedence Cross additional visitor credit: Palladium cardholders can redeem Bilt Money for as much as two Precedence Cross visitor charges lined per thirty days at $32 per visitor (max $64 per thirty days). Out there beginning March 1, 2026.
• Bilt Neighborhood parking: Redeem as much as $5 per thirty days at Bilt Neighborhood Parking areas. Out there beginning March 1, 2026.

Well being and wellness

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

Our potential favourite methods to make use of Bilt Money

That is all new and really more likely 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 spite of everything, so the primary choice that caught our eyes is the flexibility to money in $200 in Bilt Money to earn a further 1 level per greenback on all your nonhousing spending (as much as $5,000) on each the Bilt Obsidian Card and the Bilt Palladium Card, as much as 5 instances yr yr.

Due to this fact, with the Obsidian Card, you possibly can earn:

• 4 factors per greenback spent on eating or grocery purchases (as much as $25,000 per yr 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 possibly can 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 resembling World of Hyatt and Atmos Rewards, or by way of Bilt’s periodic Lease Day switch bonuses, that is an choice completely price contemplating for many who plan to place on a regular basis spending on this card.

What makes this particularly attention-grabbing is that you are able to do it as much as 5 instances per yr. 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 fee. Rinse and repeat a couple of instances, as they are saying.

Blade helicopter rides

For many who are able to earn plenty of 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 at present begin at $270 per seat, in line with my searches (although Blade advertises a beginning worth of $195), so utilizing as much as $350 in Bilt Money a max of twice per yr ought to be sufficient to cowl most Blade flights to these NYC-area airports.

Unlock the following standing tier of switch bonuses on Lease Day

This Bilt Money choice has the potential to be very attention-grabbing — although precisely how attention-grabbing 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 for example you’ve gotten Bilt Gold standing by advantage of holding the Bilt Palladium Card. With this Bilt Money redemption choice, 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.

Considering of the December 2025 Lease Day switch bonus to Avios, that may have theoretically meant that as a substitute of getting a 75% bonus as a Bilt Gold member, you possibly can have used Bilt Money to purchase as much as the 100% switch bonus tier usually reserved for Bilt Platinum members.

Should you have 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 lease or mortgage funds

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

You’ll be able to earn 1 level per greenback spent on lease or mortgage funds for each $1,000 of funds made with $30 in Bilt Money. So, in case your month-to-month housing fee 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 decide to make use of much less Bilt Money to earn factors on a smaller share of your housing fee.

Mathematically, that is really an much more rewarding choice 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 fee of $30 in Bilt Money per 1 level per greenback spent on $1,000 in housing funds, you’d really be capable to earn 1 level per greenback on as much as $6,666 of housing funds with $200 in Bilt Money, quite 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 have a look at it that manner.

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

Backside line

Very like a huge multi-page Cheesecake Manufacturing unit menu, the Bilt 2.0 rollout has been rather a lot to absorb .

The upside is that you’ve got many decisions, together with the way you earn and use Bilt Money. However that breadth of selection may admittedly make it really feel slightly overwhelming at first, particularly proper now, as none of that is reside 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 instances per yr) is a really strong choice. And naturally, utilizing Bilt Money to unlock incomes fee-free factors in your lease or mortgage fee will not be solely core to the Bilt program, however a superb use of Bilt Money.

We’ll definitely replace extra as Bilt Money goes reside and sure evolves.