Oct. 27, 2026 • 5 min read Jump to section Facebook Twitter LinkedIn Copy URL Email The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information. Big changes are coming for Bilt in 2027 — including a move away from earning 4% Bilt Cash on purchases using your Bilt credit card. Starting in January, all new cardholders will only be able to select the "housing-only" rewards option, giving them up to 1.25 points per dollar spent on rent or mortgage payments but not earning Bilt Cash.
Thankfully, Bilt is allowing existing cardholders to keep this earning option — but you have to opt into it before your cardmember anniversary.
This functionality is already live in the Bilt app, so if you currently hold the Bilt Palladium Card (see rates and fees ) or Bilt Obsidian Card (see rates and fees ) and want to keep earning 4% Bilt Cash into 2027, here's what you need to do.
Bilt's new reward structure will start on Jan. 1, 2027, but you don't need to wait until then to take action if you want to maintain your ability to earn Bilt Cash.
Here are step-by-step instructions for doing so:
You should then see a confirmation screen noting that your selection has been saved, and the blue tile at the top should indicate that you're keeping Bilt Cash.
Here are screenshots that show this process in action:
Previous slide Next slide 1 of 6 BILT 0 1 2 3 4 5 Note that I technically have until Feb. 15, 2027 — my cardmember anniversary date — to make this selection. In addition, I can't change my mind after that date and switch back. Once you select Bilt Cash and your card anniversary arrives, you're locked in.
However, I already know I want to keep this option, so I made sure to complete the process now.
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So, why am I keeping this? Well, Bilt Cash can be used for a variety of rewards — but as a Bilt Palladium cardholder, there's one that stands out. I want to make sure I can take full advantage of Bilt's point accelerator .
If you're not familiar, this allows Obsidian and Palladium cardholders to use $200 in Bilt cash to unlock an extra point per dollar spent on all purchases (up to $5,000). You can activate this five times per year.
This means I can earn 3 points per dollar spent on up to $25,000 in annual spending with my Bilt Palladium card, earning a total of 75,000 points each year. That's unparalleled on other travel cards.
The only catch is that I must have enough Bilt Cash ($1,000) to activate this five times. And that's where the power of earning 4% Bilt Cash comes into play.
Here's what the process looks like:
In the new rewards structure (without the 4%), I'd only get $600 in Bilt Cash on my cardmember anniversary and then another $50 for every 25,…