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Now that the calendar has flipped to 2024, the Bilt Rewards elite status program looks a little different. Updates cover how Bilt status is earned, and it'll soon be even more valuable to collect Bilt points courtesy of Milestone Rewards (not to mention the ever-growing list of transfer partners).
Here's all you need to know about the changes to the Bilt Rewards program.
Bilt Rewards Elite Status Program
Since its inception, Bilt Rewards' elite status program has rewarded members for earning points on rent and non-rent transactions. The more points earned, the better your status. And the better your status, the more enjoyable the benefits are — like every other loyalty program.
The Bilt elite status program
Starting on January 1, 2024, the Bilt Rewards elite status tiers started to look slightly different. It takes more points to reach each level than it did in the past, but there's a way to fast-track your path to status. Here are the Bilt status tiers:
| Bilt Status | Earn this many points annually to qualify for status: | Or spend this much on non-rent purchases on The Bilt Mastercard® or another credit card linked to your Bilt wallet: |
|---|---|---|
| Silver | 50,000 | $10,000 |
| Gold | 125,000 | $25,000 |
| Platinum | 200,000 | $50,000 |
Here are the benefits made available to status holders at every level:
One of the unwritten perks of holding status is usually found on Bilt Rent Day — the first of every month. When Bilt runs bonuses, those with higher status levels routinely enjoy much greater bonuses, sometimes double what Blue-tier members receive.
One of the quirkiest aspects of Bilt's status program has long been the validity of your status, which functions like this:
- Status earned between January 1 and June 30 expires on January 31 of the following year.
- Status earned between July 1 and December 31 remains active for the rest of the year and the following year.
Thankfully, the quirks are no more in 2024. Alongside adjustments to the status-earning timeframes, we'll also see a few broader updates to the entire Bilt Rewards elite status program.
Related: How Does Bilt Stack Up for Earning Rewards by Paying Rent?
The easier path to status — through earning qualifying points or spending a requisite amount on non-rent purchases from January 1 to December 31 and each subsequent calendar year — is a function of your spending habits. From a point-earning angle, you can earn Bilt Rewards points in the following ways:
- Spending on The Bilt Mastercard® (Rates & Fees)
- On SoulCycle classes booked in the Bilt app
- At Bilt Dining restaurants with a card linked to your Bilt wallet
- On Lyft rides
- In the Bilt Travel portal
Spending on the Bilt Mastercard can be an easy way to boost your points-earning ability. As long as you meet the five-transaction minimum each statement period, you'll earn Bilt Rewards points at the following rates:
- 1x points on rent payments made through the Bilt App — up to an annual cap of 100,000 points
- 2x points on travel
- 3x points on dining
- 1x on all other purchases with no cap on earnings
But for others, using the Bilt Mastercard for non-rent and daily spending (or another card linked to your Bilt wallet) will make earning status a lot easier. That's because you can target one of the $10,000, $25,000, or $50,000 thresholds. Ultimately, your mileage will vary by your spending habits.
To round out the changes, Bilt is also introducing Milestone Rewards, which will become available at every 25,000-point increment. We don't yet know what these rewards look like; when those are known, trust that we'll provide updates.
Related: Bilt Mastercard full review
Final Thoughts
The Bilt Rewards elite status program looks a bit different as of this year. Updates to the status tiers were implemented, and it's only a matter of time until we see the launch of Milestone Rewards.
For the foreseeable future, the Bilt Rewards program will continue to be a force to be reckoned with. And earning elite status alongside racking up incredibly valuable transferable points is the icing on the cake.
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