Advertiser Disclosure

Many of the credit card offers that appear on this site are from credit card companies from which we may receive financial compensation when a customer clicks on a link, when an application is approved, or when an account is opened. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written and evaluated by experts who know these products inside out. We only recommend products we either use ourselves or endorse. This site does not include all credit card companies or all available credit card offers that are on the market. See our advertising policy here where we list advertisers that we work with, and how we make money. You can also review our credit card rating methodology.

‘Bilt Cash’ Is Coming, and It Will Replace Milestone Rewards in 2026

Daniel Ross's image
Daniel Ross
Edited by: Ryan Smith
Jump to Section

We may be compensated when you click on a link, when an application is approved, or when an account is opened from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.

Bilt Rewards will kick off 2026 with a new feature for its members.

It comes as an additional reward currency called Bilt Cash. While the points you’re used to aren’t changing or going away, the new Bilt Cash will replace Bilt’s Milestone Rewards.

“Bilt Cash will be the richest way our most valuable members receive value through our network of merchants,” Bilt said in a statement.

Let us explain this new currency and how it works.

Advertisement

What Is Bilt Rewards’ New ‘Bilt Cash’?

Bilt Cash is a new reward currency that will be used exclusively for spending within the Bilt network.

Bilt Rewards members earn an instant $50 in Bilt Cash for every 25,000 Bilt Points earned. Members then have several options when it comes to spending their Bilt Cash at face value, meaning $1 of Bilt Cash is worth $1 at local merchants in the Bilt network.

Members can use their Bilt Cash to save money when dining out (when using mobile checkout), discounts on hotels in Bilt’s Travel Portal, Bilt Home Delivery orders, fitness classes, and more.

Since over 40,000 merchants partner with Bilt, there will be no shortage of ways to spend Bilt Cash.

Alternatively, members can opt to use Bilt Cash to upgrade their Bilt Rewards status on specific occasions.

For example, a Silver member could use Bilt Cash to get one-time access to the potential transfer bonuses that Gold status members can access on Bilt’s monthly Rent Day. Alternatively, members could buy up to a Platinum tier to get early access to tickets that are likely to sell out during Rent Day.

Bilt Rewards JAL transfer page
Japan Airlines is one of the latest top-tier airlines to become a transfer partner of Bilt Rewards: Image Credit: Bilt

Bilt has yet to provide details on exactly how much Bilt Cash will be required for a status upgrade. In a closed briefing for media outlets this week, Bilt executives said those details will announced later and that the amount of Bilt Cash needed will likely vary based on the offer and demand.

When Bilt Cash goes live on January 1, 2026, it will replace Bilt Milestone Rewards.

“Don’t worry, any Milestone Rewards claimed before the end of the year will stay active until they expire, or you’ve earned the maximum amount of points for that Milestone Reward,” said Bilt.

We can expect to hear from Bilt again before the end of the year with more details on how members can earn, and, more importantly, spend Bilt Cash.

Hot Tip:

Despite Bilt being a relatively new entrant to the world of points and miles, it already has a solid network of transfer partners that can provide great value when redeeming your Bilt points.

Final Thoughts

Since launching in March 2022, Bilt Rewards has provided its members with quality perks and benefits in an ever-expanding range of partnerships. Bilt Cash is an example of how the brand continues to look for new ways to reward its 5 million members.

Starting in 2026, Milestone Rewards will go away. Bilt Cash will become a second currency in the program, worth face value toward redemptions within Bilt’s ecosystem.

Daniel Ross's image

About Daniel Ross

Daniel has loved aviation and travel his entire life. He earned a Master of Science in Air Transport Management and has written about travel and aviation in publications like Simple Flying, The Points Guy, and more.

INSIDERS ONLY: UP PULSE

Deluxe Travel Provided by UP Pulse

Get the latest travel tips, crucial news, flight & hotel deal alerts...

Plus — expert strategies to maximize your points & miles by joining our (free) newsletter.

We respect your privacy. This site is protected by reCAPTCHA. Google's privacy policy  and terms of service  apply.

Deluxe Travel Provided by UP Pulse

We Recommend

Platinum Card® from American Express

  • You may be eligible for as high as 175,000 Membership Rewards® points after you spend $8,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
  • Get more for your travels with 5X Membership Rewards® points on all flights and prepaid hotel bookings through American Express Travel®, including Fine Hotels + Resorts® and The Hotel Collection bookings. You earn 5X points on flights purchased directly from airlines or through American Express Travel® on up to $500,000 on these purchases per calendar year.
Show more
  • More Value! With over 1,550 airport lounges - more than any other credit card company on the market* - enjoy the benefits of the Global Lounge Collection®, over $850 of annual value, with access to Centurion Lounges, 10 complimentary Delta Sky Club® visits when flying on an eligible Delta flight (subject to visit limitations), Priority Pass Select membership (enrollment required), and other select partner lounges. * As of 07/2025.
  • More Value! $200 Uber Cash + $120 Uber One Credit: With the Platinum Card® you can receive $15 in Uber Cash each month plus a bonus $20 in December when you add your Platinum Card® to your Uber account to use on rides and orders in the U.S when you select an Amex Card for your transaction. Plus, when you use the Platinum Card® to pay for an auto-renewing Uber One membership, you can get up to $120 in statement credits each calendar year. Terms apply.
  • More Value! $300 Digital Entertainment Credit: Get up to $25 in statement credits each month after you pay for eligible purchases with the Platinum Card® at participating partners. Enrollment required.
  • More Value! $600 Hotel Credit: Get up to $300 in statement credits semi-annually on prepaid Fine Hotels + Resorts® or The Hotel Collection* bookings through American Express Travel® using the Platinum Card®. *The Hotel Collection requires a minimum two-night stay.
  • New! $400 Resy Credit + Platinum Nights by Resy: When you use the Platinum Card® to pay at U.S. Resy restaurants and to make other eligible purchases through Resy, you can get up to $100 in statement credits each quarter with the $400 Resy Credit benefit. Plus, with Platinum Nights by Resy, you can get special access to reservations on select nights at participating in demand Resy restaurants with the Platinum Card®. Simply add your eligible Card to your Resy profile to book and discover Platinum Nights reservations near you, enrollment required.
  • More Value! $209 CLEAR® Plus Credit: CLEAR® Plus helps get you to your gate faster by using unique facial attributes to verify you are you at 50+ airports nationwide. You can cover the cost of a CLEAR Plus Membership* with up to $209 in statement credits per calendar year after you pay for CLEAR Plus with the Platinum Card®. *Excluding any applicable taxes and fees. Subject to auto-renewal.
  • $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to the Platinum Card® Account*. American Express relies on airlines to submit the correct information on airline transactions to identify incidental fee purchases. If you do not see a credit for a qualifying incidental purchase on your eligible Card after 8 weeks, simply call the number on the back of your Card. Qualifying airlines are subject to change. See terms & conditions for more details.
  • Start your vacation sooner, and keep it going longer. When you book Fine Hotels + Resorts® through American Express Travel®, enjoy noon check-in upon arrival, when available, and guaranteed 4PM check-out.
  • New! $300 lululemon Credit: Enjoy up to $75 in statement credits each quarter when you use the Platinum Card® for eligible purchases at U.S. lululemon retail stores (excluding outlets) and lululemon.com. That’s up to $300 in statement credits each calendar year. Enrollment required.
  • $155 Walmart+ Credit: Receive a statement credit* for one monthly Walmart+ membership (subject to auto-renewal) after you pay for Walmart+ each month with the Platinum Card®.*Up to $12.95 plus applicable local sales tax. Plus Ups not eligible.
  • $100 Saks Credit: Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue or saks.com on the Platinum Card®. That’s up to $50 in statement credits from January through June and up to $50 in statement credits from July through December. No minimum purchase required. Enrollment required.
  • Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
  • $895 annual fee.
  • Terms Apply.
DMCA.com Protection Status