Bilt Revamps Loyalty Status Program for 2024
Bilt Rewards tiers

Bilt Revamps Loyalty Status Program for 2024

As the new year approaches, Bilt has announced incoming changes to its loyalty status program.

About the updated status tiers and more:

In 2024, Bilt members will have new ways to earn status as updated requirements go into effect. Here’s what the new tiers look like:

  • Silver: 50,000 points or $10,000 (previous: 25,000 points)
  • Gold: 125,000 points or $25,000 (previous: 50,000 points)
  • Platinum: 200,000 points or $50,000 (previous: 100,000 points)

Notably, while the point thresholds have significantly increased for each level, Bilt has added a Fast Track through spending. This figure will include any purchases made using the Bilt Mastercard — except for rent. It also states that spending “in the Bilt ecosystem on any linked debit or credit card” will qualify. This includes purchases made using Bilt Dining, the Bilt Travel portal, and via a linked Lyft account. Previously, the service has also teased additional Bilt Wallet-powered features were in the works.

Those who don’t qualify for any of these tiers will continue to be Blue status. However, Bilt says that it is also introducing Milestone Rewards. For every 25,000 Bilt Points earned, members will unlock special one-time offerings, such as accelerator earn opportunities, points that can be used toward Bilt Collection redemption, and more.

What Bilt status offers:

As for what status earns you, Bilt members with Silver or higher earn interest on their points. Additionally, those with Gold or Platinum status can take advantage of Bilt’s Homeownership Concierge. Members also receive a complimentary Bilt Collection gift upon qualifying for Platinum status.

Beyond that, Bilt has also made status a significant part of its Rent Day offers. For example, past deals have seen those with higher status earning larger transfer bonuses to travel partners. Similarly, with the debut of Bilt Experiences, elite members were able to make bookings before those with lower or no status.

Finally, Bilt states that it will continue expanding its elite status benefits “in the coming months.”

My thoughts:

It was only a couple of weeks ago that I learned I had achieved Bilt Silver status. To my slight surprise, I was also informed that this status lasts through 2024 (I expected it to expire on January 1st). I mention this because I didn’t expect to reach status in the first place, which impacts my thoughts on the changes.

With that context, I think that status may be more achievable for me under the new model. While the number of points earned needed for Silver has literally doubled, the “Fast Track” spending of $10,000 seems doable. Then again, the exclusion of rent (which is now moot for me) does change the economics significantly.

So it comes down to this: if you’re someone willing to use your Bilt Points via the Bilt Travel portal or, even more so, via transfer partners, then I think this overhaul could work to your benefit. That’s because you can put enough spend on your Bilt Mastercard to earn status and then take advantage of the transfer bonuses Bilt often offers on Rent Day. If that doesn’t describe you, then I also don’t think that these updates are any big loss and the benefits are fairly minimal anyway.


Kyle Burbank

Head Writer ~ Fioney
Kyle is the head writer for Fioney. He is a personal finance nerd, constantly looking for new apps and services to test and incorporate into his own financial game plan. In addition to his role at Fioney, he's written for other publications including Born2Invest, Lifehack, and Laughing Place, as well as his own site Money@30. He also creates personal finance and travel-related videos for Fioney's YouTube channel, which has garnered more than 2 million views. Currently, Kyle resides in Springfield, Missouri with his wife of 10 years. Together, they enjoy traveling (including visiting Disney Parks around the world), dining, and playing with their dog Rigby.

Other Articles by Kyle Burbank

American Express to Acquire Tock from Squarespace

American Express is expanding its dining platform with not one but two acquisitions. About the acquisitions: Today, Amex announced that it will be acquiring the restaurant reservation service Tock from Squarespace (who purchased the company in 2021). The purchase is expected to be for $400 million in cash but is subject to closing conditions, customary adjustments, and regulatory approval. Amex also notes that, as part of the deal with Squarespace,...
Gynger financing options

Technology Financing Company Gynger Raises $20 Million

A FinTech that helps tech-buying businesses finance their purchases has closed a new round of funding. About the round: This week, Gynger announced that it had raised $20 million. The Series A was led by PayPal Ventures, while Gradient Ventures, Velvet Sea Ventures, BAG Ventures, and Deciens Capital also participated. In addition to the equity round, the company secured a debt facility of $100 million from Community Investment Management. Previously,...
carry on travel bag and a Starbucks coffee

Starbucks and Marriott Bonvoy Announce Rewards Partnership

Two popular loyalty programs are joining forces to reward travelers (and keep them caffeinated). About the partnership: Starting this week, Starbucks Rewards and Marriott Bonvoy members will be able to link their accounts and earn bonus rewards. First, those with linked accounts will earn Double Stars during stays at participating Marriott Bonvoy properties. If a regular Starbucks Double Stars Day falls during one of these stays, members can earn Triple...
The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox

A Guide to Building Credit and Increasing Your Credit Scores

When it comes to credit, there’s some good news. The average credit score in the United States has been steadily rising in recent years, coming in at 715 in 2023. That may be because, today, consumers not only have more ways to access their credit reports and scores than ever before but also because there are an increasing number of options that Americans have for building credit in the first...

2024 SoFi Checking and Savings Review

Ever since I started taking an interest in the FinTech sector, one company whose name I’ve seen pop up over and over again is SoFi. Lately it seems as though that theme has been sent into overdrive as the company has not only become a household name thanks to its stadium naming rights deal but also because of the company’s continued product expansions. The most interesting development in my mind...
Brim logo

Brim Financial Raises $85 Million as It Eyes Global Expansion

Toronto-based FinTech infrastructure startup Brim Financial has announced a new funding round. About the round: Brim has revealed an $85 million round. The Series C was led by EDC Investments while new investor Vistara Growth and returning investors White Owl Group, Epic Ventures, and Zions Bank also participated. To date, the company has now raised $110 million including a Series B in 2021. According to Brim, the latest funding will...
Chase Freedom Flex card

Chase Reveals Q2 2024 Freedom 5%(+) Bonus Categories

Chase has announced its bonus category picks for the second quarter of 2024 — including some interesting twists. About the categories: As April approaches, Chase has revealed what categories Freedom and Freedom Flex cardholders can earn bonuses on. From April 1st through June 30th, customers can earn 5% (or more) in three categories:, Hotels, and Restaurants. Similar to how Chase embraced a "New Year, New Me" theme last quarter,...
Rent Day

Bilt Announces Home Collection Deal for May 2024 Rent Day

For May's Rent Day, Bilt is offering a deal that will allow members to decrease their rent bill while also adding to their home decor. About the Home Collection offer: Bilt has crafted a unique Rent Day offer for May 2024. Through the 1st, when Bilt members redeem their points toward rent payments, they'll receive the same number of points to be used toward Bilt Home Collection items. To take...