Bilt Rewards introduces ‘Bilt Cash’ currency replacing milestone rewards in 2026

Bilt also stated that the new currency is "designed to grow alongside our expanding ecosystem of neighborhood merchants." The company expects more opportunities for earning and redeeming Bilt Cash after its launch.

The change does not affect the existing Bilt Points program or their value with transfer partners. Members will continue to earn points as before and can redeem them as usual. As noted by the company: "Bilt points — and the value you can get when redeeming them with the Bilt transfer partners — are here to stay. After all, Bilt Cash is a rewards currency you'll earn in addition to Bilt points."

For those who have unclaimed milestone rewards at the end of 2025, any claimed reward will remain active until expiration or until maximum points are earned for that reward. Unused milestone rewards will expire at year’s end.

In its statement about the upcoming change, Bilt said: "We're thrilled to launch Bilt Cash: it represents the next evolution of your membership, replacing Milestone Rewards with a more flexible reward currency that adapts to how you want to experience our ecosystem."

Although some have noted that the earning rate for Bilt Cash is relatively low (0.2 cents per point) and requires meeting certain thresholds before redemption is possible, this new option provides an additional way for users to save money while shopping with merchants affiliated with the platform.