Bilt Rewards to Debut Mortgage Points Earning in 2025: Key Insights for Homeowners
In a groundbreaking move, Bilt Rewards has announced plans to allow homeowners to earn points on their monthly mortgage payments starting in 2025. This initiative marks a significant expansion from their current rent-payment rewards program, signaling Bilt’s commitment to providing value to both renters and homeowners.
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Current Bilt Mastercard Benefits
The Bilt Mastercard, known for its no-annual-fee structure, offers a robust rewards system:
- 1X points on rent payments without transaction fees (up to 50,000 points annually)
- 3X points on dining
- 2X points on travel
- 1X points on all other purchases
To qualify for these rewards, cardholders must make at least five transactions per statement period. Notably, Bilt points can be transferred to various travel partners at a 1:1 ratio, enhancing their value for those looking to maximize travel rewards.
What We Know About the New Program
While specific details about the mortgage rewards program are still under wraps, Bilt CEO Ankur Jain has indicated that more information will be shared as the 2025 launch approaches. This announcement follows Bilt’s recent partnership with eXp Realty, which rewards homebuyers with points on property purchases, further integrating Bilt into the homeownership journey.
The Bigger Picture: Bilt’s Expanding Ecosystem
Bilt is steadily building a comprehensive housing rewards ecosystem that encompasses:
- Points earning on mortgage payments (launching in 2025)
- Points on home purchases through partnerships with real estate firms
- Existing rewards on rent payments, dining, travel, and other expenditures
This holistic approach aims to provide continuous value to members, regardless of where they are in their housing journey.
Why This Matters
For current and prospective homeowners, the ability to earn rewards on mortgage payments presents an opportunity to accumulate points on what is often their largest monthly expense. These points can be redeemed for travel, fitness classes, dining, and more, offering added value and flexibility.What to Watch For
As the program’s 2025 launch nears, homeowners and those considering the Bilt Mastercard should stay tuned for:
- Detailed earning rates for mortgage payments
- Program requirements and eligibility criteria
- Potential partnerships with mortgage lenders
Staying informed will ensure that you can make the most of this innovative rewards opportunity once it becomes available.
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