Bilt Rewards

Bilt Rewards

Rent payment loyalty rewards platform

Overview

Bilt Rewards is a fintech that lets renters earn points on rent payments. Renters in the Bilt Rewards Alliance earn points automatically by paying rent through the Bilt app; others can use the Bilt World Elite Mastercard to pay rent and have Bilt remit payment to landlords. Points can be redeemed for travel, future rent, a home down payment, or goods from the Bilt Collection, with elite tiers and Milestone Rewards for extra perks. Revenue comes from interchange fees on the co-branded card and referral fees from landlords, partners, and travel partners, and the goal is to scale a rent-powered loyalty network that makes rent a core spend and help users meet housing-related financial goals.

About Bilt Rewards

Simplify's Rating
Why Bilt Rewards is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Consumer Software

Fintech

Financial Services

Real Estate

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$813.3M

Headquarters

New York City, New York

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • Valuation hits $10.75 billion after $250 million round in July 2025.
  • Adds Wyndham as 25th transfer partner on March 25, 2026.
  • Acquires Sion for $30 million to integrate travel advisors.

What critics are saying

  • Bilt 2.0 launch confuses members on Bilt Cash, driving 40-60% churn in 3-6 months.
  • Wells Fargo terminates Mastercard partnership, halting fee-free rent in 12-24 months.
  • Amazon Alexa+ eclipses Neighborhood Concierge, starving revenue in 12-18 months.

What makes Bilt Rewards unique

  • Bilt Rewards enables fee-free points on rent via 4.5 million unit Alliance.
  • Bilt Mastercard partners with Wells Fargo for rent payments without fees.
  • Points redeem for down payments, travel, or Bilt Collection merchandise.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$813.3M

Above

Industry Average

Funded Over

7 Rounds

Notable Investors:
Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Medical, dental, & vision

401K match

Equity

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-3%

2 year growth

-4%
AwardFares
Apr 21st, 2026
Air France's new Paris to Las Vegas route: How to find award seats.

Air France's new Paris to Las Vegas route: How to find award seats. Air France's new Paris-Charles de Gaulle to Las Vegas nonstop took off on April 15, 2026, making it the first direct service between the French capital and Sin City. The route runs seasonally through October 24, 2026, with 3 weekly flights on Mondays, Wednesdays, and Saturdays, operated by the A350-900 with Business, Premium Economy, and Economy cabins. New routes like this one tend to launch with solid award availability, especially in the first few months before they hit mainstream booking radars. If you have Flying Blue miles, SkyTeam partner points (SAS EuroBonus, Delta SkyMiles, Virgin Atlantic Flying Club), or transferable credit card points sitting around, this is the kind of route worth watching. Key points. * Launch Date: Paris-CDG to Las Vegas (LAS), April 15, 2026. * Seasonal Schedule: 3 weekly flights (Mon, Wed, Sat) through October 24, 2026. * Aircraft: Airbus A350-900 with Business, Premium Economy, and Economy. * Bookable With: Flying Blue miles, SAS EuroBonus points, Delta SkyMiles, Virgin Atlantic Flying Club, and any program that partners with SkyTeam. * Transfer Partners: Flying Blue is a 1:1 transfer partner with Amex, Chase, Citi, Capital One, and Bilt. * Why It Matters: New routes often launch with strong award availability. Set alerts now, before award space tightens. Route details. | Item | Detail | | Route | Paris-Charles de Gaulle (CDG) | Las Vegas (LAS) | | Airline | Air France (SkyTeam) | | Aircraft | Airbus A350-900 | | Flight Numbers | AF56 (CDG | LAS), AF57 (LAS | CDG) | | Schedule | AF56 departs CDG 13:40, arrives LAS 15:35. AF57 departs LAS 17:50, arrives CDG 13:05 +1 | | Frequency | 3x weekly (Monday, Wednesday, Saturday) | | Season | April 15 through October 24, 2026 | | Flight Time | ~10h 55min westbound, ~10h 15min eastbound | | Cabins | Business, Premium Economy, Economy | This is a seasonal route, so it won't operate year-round. October 24 is the last scheduled departure, and whether Air France returns for summer 2027 depends on how this season performs. Early demand matters, which is another reason new routes often have better availability. How to book with miles. Because Air France is part of SkyTeam, multiple frequent flyer programs can book CDG-LAS award seats. Here's how they stack up: Flying Blue (Air France / klm's own program). The native option. Flying Blue uses fully dynamic pricing with no fixed chart, but historical patterns for transatlantic US routes on Air France metal: * Economy: typically 25,000-35,000 miles one-way * Premium Economy: typically 40,000-65,000 miles one-way * Business: typically 55,000-90,000 miles one-way, with Promo Rewards dropping it to around 36,000 on select dates Promo Rewards drop monthly and can slash Business Class pricing by 50%. Its Flying Blue Promo Rewards Finder tracks them in real time. Note: Starting May 4, 2026, Flying Blue miles expire 24 months after your last qualifying earning activity, with a single unified clock for all miles. SAS EuroBonus (SkyTeam partner). EuroBonus books Air France award flights through partner search. Partner pricing follows the EuroBonus chart, which for transatlantic Business on SkyTeam partners typically lands around 60,000 points one-way. SAS Amex 2-for-1 vouchers are eligible, effectively halving the points cost for two passengers. Virgin Atlantic Flying Club. Virgin Atlantic partners with Air France on many Flying Blue-bookable routes, often with lower fuel surcharges than Flying Blue itself. Virgin Points are transferable 1:1 from Amex, Chase, Citi, Capital One, and Bilt. Delta SkyMiles. Delta uses dynamic pricing on Air France partner awards, so SkyMiles pricing varies widely. Sometimes competitive on Business, often not. Credit card Transfer Partners. For Flying Blue: * Amex Membership Rewards: 1:1 * Chase Ultimate Rewards: 1:1 * Citi ThankYou: 1:1 * Capital One Miles: 1:1 * Bilt Rewards: 1:1 That covers most transferable currencies in North America, making Flying Blue one of the most accessible premium-cabin redemption programs. Typical Flying Blue pricing for CDG-LAS. Because this is a brand-new route, early booking patterns are unpredictable. But based on historical Flying Blue transatlantic pricing for long-haul US West Coast routes (SFO, LAX) on Air France A350 metal, here's what to expect: | Cabin | Likely Miles (One-Way) | Taxes/Fees | | Economy | 25,000-35,000 | $180-220 from CDG, $80-120 from LAS | | Premium Economy | 40,000-65,000 | same range | | Business | 55,000-90,000 standard, 36,000 on Promo | same range | Westbound CDG | LAS taxes are higher due to French and European departure fees. Eastbound LAS | CDG taxes are typically lower - a good reason to plan one-way redemptions strategically. Here's what pricing looks like across programs for a single CDG-LAS departure (Wed, Apr 29, AF56): Flying Blue wins on cheapest Economy and on premium-cabin availability here. But SAS EuroBonus is worth keeping in your back pocket: because it runs on a fixed award chart, its price doesn't spike when demand does. On dates where Flying Blue's dynamic pricing pushes Economy past 40K, EuroBonus at a flat 42K one-way (or 70K round-trip) becomes the better deal - especially stackable with the SAS Amex 2-for-1 voucher. Set alerts for when award seats open. New route availability moves fast. The best seats, especially Business Class on a 3x-weekly A350, sell out as miles experts discover them. Right now, the timeline view on AwardFares shows strong multi-cabin availability across the opening weeks, bookable through Flying Blue, SAS EuroBonus, and Delta SkyMiles: For AwardFares users: * Set Flex Alerts on CDG-LAS for your preferred cabin and date range. Flex Alerts notify you whenever a qualifying seat opens on any date in the window. * Set Live Alerts on specific dates you care about (a conference, a show, a family trip). Live Alerts monitor a single flight/date 24/7 and fire the instant a seat drops. * Filter searches by aircraft type to catch the A350-900 specifically. * Check both directions independently - CDG | LAS and LAS | CDG availability don't always correlate. For Flying Blue in particular, the Promo Rewards Finder adds a second signal: when this route appears in a monthly promo, that's the time to book. Why the A350-900 matters. Air France's A350-900 operates with the updated Business Class seat (fully flat with direct aisle access in a reverse-herringbone layout, not the older 2-4-2 configuration still seen on some 777s). Premium Economy includes a dedicated cabin with 38-inch pitch. Economy is 3-3-3 at 31-inch pitch. This is the hard product you want for a 10+ hour flight. If Air France were to operate the route with an older 777, award seats would be less attractive at the same points cost. For AwardFares users: Use the aircraft filter on search to confirm you're booking an A350 flight, especially if Air France adds additional frequencies later in the season. Bottom line. A new seasonal route on a modern aircraft, bookable with miles from at least five major programs and five transferable credit card currencies. If Las Vegas is on your list, set alerts now. The value proposition. One good Business Class redemption on this route using a Flying Blue Promo Reward (around 36,000 miles one-way) saves you the equivalent of $2,000+ in cash fares. A $10-20/month AwardFares subscription pays for itself with a single booking like this. That's the math that makes alerts the highest-leverage feature in the program. Frequently asked questions. When does the Paris to Las Vegas route start? How often does Air France fly CDG to Las Vegas? What aircraft operates the Paris to Las Vegas route? How many miles for Air France Business Class to Las Vegas? Can I book Paris to Las Vegas with SkyTeam partner miles? Is the Paris to Las Vegas route year-round? Related guides. Find & monitor award flight availability. Use AwardFares to instantly search multiple frequent flyer programs. Find available award seats, set up alerts to monitor availability, check flight schedules, view seat maps, and more - all in one place. Search multiple frequent flyer programs at once, filter by cabin, airlines, stops, mixed cabins, price, and more. Subscribe and get updates once a month with what's happening at AwardFares. This includes feature announcements, roadmap updates, its latest guides, and exclusive offers!

Miles to Memories
Mar 28th, 2026
Bilt adds wyndham rewards as 25th transfer partner.

Bilt adds wyndham rewards as 25th transfer partner. All the ways I have been burning my Bilt Cash. Mar 28, 2026 This post may contain affiliate links - Advertiser Disclosure. As an Amazon Associate, Milestomemories earn from qualifying purchases. How to Use Bilt Cash. The Bilt 2.0 card launch has come and gone. It seems like there was a ton of uncertainty, confusion, and frustration left in the wake of the launch. No more so that the Bilt Cash ecosystem. This program is kind of a center piece of the Bilt card refresh, but people are not overly excited about it. Probably because most are left wondering how to actually use their Bilt Cash. I was excited to get in there and kick the tires a bit. Both myself and my wife signed up the Palladium card, which means Milestomemories has a metric butt ton of Bilt Cash. Let's see if I have been able to make any headway in paring these Bilt Cash balances down. Options for your Bilt Cash. Before Milestomemories get in how to use Bilt Cash Milestomemories should take a quick look at what you can actually use your Bilt Cash for. Here are your options as of writing: Shopping & dining discounts. Here are the monthly / yearly discounts you can get on your day to day shopping and dining expenses with Bilt Cash. * $120 GrubHub credits per year * $120 / year towards grocery or restaurant delivery (fulfilled via GrubHub) * Redeem toward restaurant and grocery delivery fulfilled by GrubHub; $10 credit each month * $120 Walgreens credit per year * Redeem $10 per month toward a Walgreens credit * $60 / year of credits for Bilt 15-minute home delivery * Redeem Bilt Cash toward Bilt's ultra-fast Home Delivery orders on groceries, alcohol, and essentials, powered by Gopuff; up to $5 credit each month * $100 / year toward Gopuff FAM (free delivery and discounted groceries) * Cover your Gopuff FAM membership for up to twelve months; up to $100 annually; redeemable for monthly or annual membership * $300 / year of restaurant credit at select Bilt Dining partners * Use Bilt Cash toward meals at select Bilt partner restaurants via Mobile Dining Checkout; one visit per month up to $25; rollout expanding to thousands of restaurants nationwide throughout this year * $600 / year toward dining experience bookings * Redeem Bilt Cash to book exclusive Bilt dining experiences; up to $50 per month Bonus points earning. If you want to use your Bilt Cash to rack up some bonus points, then look no further. * Point accelerator on everyday spend: * Enable +1X bonus points on all everyday spend for the next $5,000 following activation; exclusively available to Obsidian and Palladium cardholders; Cost: $200 Bilt Cash; up to 5 activations annually; expires after $5,000 spend or calendar year-end * Obsidian earnings when enabled: 4X dining or grocery3, 3X travel, 2X everyday spend * Palladium earnings when enabled: 3X everyday spend * Unlock points on housing payments, up to 1x * Unlock points on monthly rent or mortgage payments with no transaction fees; every $30 Bilt Cash redeemed earns 1,000 points, up to 1X of your monthly rent or mortgage payment Travel discounts & credits. These are travel cards, are they not? Here is how to use your Bilt Cash on travel discounts and credits. * Up to $1200 hotel credit / year * Use Bilt Cash in the Bilt Travel Portal; two-night minimum; up to $50/month for Blue & Silver members and $100/month for Gold & Platinum members * Unlock higher transfer bonuses * Use Bilt Cash to upgrade your Rent Day transfer bonus to the next status tier; Platinum members receive an additional boost; example: Gold member can upgrade from 75% to 100% for $75 Bilt Cash; pricing and availability subject to change * $120 Lyft rideshare credits / year * Redeem $10 per month toward Lyft rides * Up to $150 toward a Blacklane ride / year * Redeem for Blacklane rides; up to $50/year (Blue & Silver), up to $100/year (Gold), or up to $150/year (Platinum) * Up to $700 of BLADE credit / year * Redeem for BLADE airport flights; up to $350 per booking; up to 2 bookings per year; Available 3/1/26 * Unlock Home Away from Home benefits * Blue & Silver members can unlock luxury hotel booking benefits usually reserved only for Gold and Platinum members for $95 Bilt Cash; may include benefits such as room upgrades, ~$100 hotel credits, early check-in, late checkout, and more; Available 3/1/26 * Up to $768 of Priority Pass extra guest credits / year * Palladium-only; cover up to two guest fees per month; $32 per guest; up to $64 statement credit per month Lifestyle credits & discounts. I think of this section as kind of the catch all options for general lifestyle costs. * $480 fitness class credit per year * Redeem toward one group fitness class per month in the Bilt app (including SoulCycle, Barry's, and others); up to $40 per month * $600 toward comedy experience bookings per year * Redeem up to $50 per month for exclusive Bilt comedy experiences * $120 Bilt Collection credit per year * Redeem up to $10 per month toward Bilt Design Collection purchases * $60 toward parking / year * Redeem $5 per month at participating Bilt Neighborhood Parking locations (supposed to come 3/1 but I haven't seen it in there) How I have been draining its balances. I said on the Miles to Memories podcast that I would not be redeeming my Bilt Cash to pay my mortgage. I don't want another cook in the kitchen for my most important daily cost you could say. Especially with them just pulling the money from my checking account. And it looks like I have been proven right on that choice so far. No, I would rather use my Bilt Cash to offset some everyday expenses, or earn extra points in other ways. Here is how I have been doing that so far: * $100 Bilt Cash for increased earning (x2) * Milestomemories both redeemed $100 from its welcome offer Bilt Cash to increase its earning from 2x to 3x on the Palladium card. This gave Milestomemories some bonus points while working on the minimum spend. I will likely continue to do this each time Milestomemories run through the $5,000 in spend that gets the extra 1x. * $100 Bilt Cash for hotel bookings (x2) * Milestomemories both already paired up the $200 bi-annual hotel credit with a $100 in Bilt Cash (which you can do monthly). I waited until Milestomemories earned Bilt Gold as a part of the welcome offer so Milestomemories could use $100. If I had booked right away Milestomemories would have only been able to use $50 in Bilt Cash with Bilt Silver. * $10 monthly Walgreens credit (x2) * This one comes as a $10 gift card so Milestomemories will stack up several of them and go buy some crap Milestomemories need at the store. Walgreens is overpriced, so I wouldn't value this as a true $10 every month. It is something that can offset some costs for Milestomemories though. * $10 Gurbhub credit monthly (x2) * Like the Walgreens credit, this turns your Bilt Cash into a Grubhub gift card each month. I was able to use both of ours this month on a pick up order. I even paid the remainder with my Citi AAdvantage Executive card to use that $10 monthly credit. That about does it, which doesn't really maximize my cash in any meaningful way. I still have around $400 in Bilt Cash sitting there. I can't really use the monthly hotel credit, because it requires a 2 night stay. My plan is to only use that when paired with the $200 bi-annual credit to get a decent discount on some travel. I do like that Walgreens and Grubhub comes as a gift card, which allows to roll those month to month. It would be nice if they would actually add some restaurants to my area for a monthly credit option. If they add all Bilt Dining options into the fold then that will be a nice win. Milestomemories could easily use up $600 a year between the two of Milestomemories at $25 per month. Maximizing its Bilt Cash. That is how Milestomemories has been using its cash stash. The rest of the options don't really interest Milestomemories either, outside of potentially the dining credit. Maybe Milestomemories will use a $10 Lyft credit here and there once its Amex monthly Uber credits are drained. I don't plan on it being a regular thing though. How have you been using your stash of funny money? Let me know down below or over in the MTM Facebook Group. Over 75k Miles Back and 4 Upgrades with 1 Simple Strategy Mark Ostermann is a father, husband and miles/points fanatic. He left the corporate world after starting a family in order to be a stay at home dad. Mark is constantly looking at ways to save money and stay within budget while also taking awesome vacations with his family. When he isn't caring for his family or taking a weekend trip, Mark is working towards his goal of visiting every Major League Baseball ballpark. Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. 1 comment. * Jack Mar 28, 2026 At 12:30 pm Mark, well presented. Rather than not use what's left over, consider using remaiining Bilt Cash/Credit for the 25% pop should you do a transfer bonus. With it, 2X becomes 2.5X and 3X becomes 3.75X. Just sayin'. I'm sure that's your intent but you didn't include it as it's probabilistic. I'm doing the same and adding three others. I can use the Lyft credit - it works much the same as Amex' Uber credit. And, once the Blacklane credit becomes available, I'll treat it like a Lyft/Uber substitute ride. Lastly, I'll use any left over for the 25% transfer bonus pop. This stuff really is easy pickings. For me, all in, I'm probably capturing close to $1500 net of the annual fee. That's above a baseline 2X card. (That's not including the value of the super-sized transfer bonuses themselves.) And, yet, the haters hate. Reply 7,703 Fans 9,903 Followers 16,397 Followers 57,600 Subscribers

The Points Guy
Mar 25th, 2026
Bilt adds Wyndham Rewards as its 25th transfer partner.

Bilt adds Wyndham Rewards as its 25th transfer partner. March 25, 2026 The cards The Points Guy, Llc. feature here are from partners who compensate The Points Guy, Llc. when you are approved through its site, and this may impact how or where these products appear. The Points Guy, Llc. don't cover all available credit cards, but its analysis, reviews, and opinions are entirely from its editorial team. Terms apply to the offers listed on this page. Please view its advertising policy and product review methodology for more information. Editor's note. TPG founder Brian Kelly is a Bilt adviser and investor. Bilt has quickly expanded its transfer partner lineup since launching in June 2021. Even so, it's difficult to believe the Bilt program just added its 25th transfer partner and sixth hotel transfer partner in the form of 1:1 transfers to Wyndham Rewards. Now you can transfer Bilt Points to Wyndham Rewards in increments of 1,000 points, with 1,000 points also being the minimum amount you can transfer. Let The Points Guy, Llc. help find the best card for you Get personalized card matches to maximize your earning potential. Let's get started. Bilt adds Wyndham Rewards as partner: should you transfer your points? Like all the Bilt transfer partners, it's easy to transfer Bilt points to Wyndham Rewards. Open the Bilt app or visit the Bilt website, go to the "Rewards" section, click the "Transfers" tab and then select "Wyndham Rewards" under the "Hotels" tab. Then, you'll need to link your Wyndham Rewards account to your Bilt account before choosing how many points to transfer. Continue learning how to maximize your points and miles with its. Unlike other hotel programs that operate using dynamic pricing, Wyndham Rewards can be a valuable award program primarily because it uses a three-tier award chart where award nights cost 7,500, 15,000 or 30,000 points. This three-tier award chart can provide excellent value in some destinations and on peak travel dates. For example, I'm getting 2.1 cents per Wyndham point on a stay this April in Vancouver, British Columbia. Plus, if you have an eligible Wyndham Rewards credit card, you automatically get 10% off award nights that you book solely with points. You can also redeem Wyndham points for points and cash stays starting at just 750 points per night. Plus, you can redeem Wyndham points for experiences, including minor league baseball VIP experiences and concert tickets. Bottom line. TPG's March 2026 valuations peg Wyndham points at 1.1 cents each and Bilt points at 2.2 cents each. So, while you'll often still get more value from other Bilt transfer partners, Wyndham Rewards may occasionally provide enough value to make it a worthwhile use of your Bilt points.

Business Wire
Mar 12th, 2026
Bilt Acquires Sion for $30M to Bring World-Class Travel Advisors Into Its Housing Membership Ecosystem

Bilt, the membership for where you live, today announced it has acquired Sion, a commission management platform trusted by more than 8,000 travel advisors, f...

Yahoo Finance
Mar 11th, 2026
Bilt acquires Sion for $30M to connect members with travel advisors across 6M homes

Bilt, the housing-focused membership platform, has acquired Sion, a commission management platform for travel advisors, for $30 million. The deal marks Bilt's second acquisition in under a year and aims to enhance travel rewards for members across over 6 million homes. Sion manages over $7 billion in travel booking revenue and supports more than 8,000 travel advisors with commission reconciliation technology, achieving an 85% invoice follow-up success rate. The platform helps travel businesses receive payments faster and operate more efficiently. The acquisition allows Bilt to extend its hospitality platform to travel advisors, creating a network of specialists to serve members using travel rewards. Travel is amongst the most popular redemption categories for Bilt members, who can earn and redeem rewards through housing-related activities.

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