A Transformational Year 2025 for Bilt Members: As we conclude 2024, it’s remarkable to reflect on the strides made and to look ahead at what’s coming in 2025. Bilt, known for its groundbreaking rewards on rent and housing-related expenses, is ready to deliver even greater value for its members.
This blog addresses common questions about how Bilt Members benefit from Bilt platform and unveils our ambitious plans to revolutionize housing rewards.
1. Rewarding Rent and Mortgage Payments
Rent Rewards have been at the heart of Bilt’s offerings. Members earn points on rent payments, boosting credit scores with on-time reporting at no extra cost. Here’s how it works:
- Pay rent via bank transfer, debit card, or credit card.
- Earn points on each payment.
- Access exclusive perks like airline elite status and rideshare credits.
Key Achievements in 2024
- Over $36 billion in rent payments processed annually (up from $11 billion in 2023).
- Partnerships with 70% of the top 100 property managers in the U.S.
What’s New in 2025
- Launching a mortgage rewards program: Earn points on monthly payments or refinancing.
- Expanding partnerships with banks and credit card providers for added rent rewards.
2. Neighborhood Benefits: Rewards Beyond Rent
Understanding that 80% of spending happens near home, Bilt’s Neighborhood Benefits connect members with exclusive deals at local merchants.
Key Highlights
- Over $5 billion spent through the platform at neighborhood businesses.
- Categories include dining, rideshare, and health-related purchases.
New Enhancements for 2025
- Expanded Categories: Grocery stores, gas stations, and parking facilities.
- Local Merchant Growth: Broader coverage of partner businesses.
- Integrated Experiences: Seamless one-tap restaurant payments and FSA/HSA reimbursements.
- Bilt Card: How People Use it to Maximize Rewards
- How to Earn Bilt Points: A Complete Guide for Maximizing Rewards
- Bilt Rent Day: Turn Your Rent Payment into Rewards and Fun!
- BiltProtect: A New Way to Pay Rent with the Bilt Mastercard
- Rent and Earn: Your Step-by-Step Guide to Applying for the Bilt Mastercard
3. Incentives for Leasing and Home Buying
In 2025, Bilt continues to bridge the gap between renting and homeownership:
- Lease Incentives: Earn rewards for signing new leases or renewing existing ones.
- Home Purchase Rewards: 1 point for every $2 spent on home purchases through partner brokers.
Success in Numbers
| Category | 2023 | 2024 | Projection for 2025 |
|---|---|---|---|
| Rent Payments Processed | $11 Billion | $36 Billion | $72 Billion |
| Neighborhood Spending | $2 Billion | $5 Billion | $8 Billion |
| Lease Renewal Success Rate | 85% | 95% | 98% |
4. The Evolution of the Bilt Mastercard
While only 15% of members currently use the Bilt Mastercard, its impact is undeniable. Moving forward, the card program will offer:
- Tiered benefits for varying member needs.
- Enhanced approval rates and credit line adjustments.
- Integration of mortgage payments into point-earning categories.
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Bottom Line
2025 is set to be a landmark year for Bilt Members. From rewarding rent and mortgage payments to elevating the Neighborhood Benefits program, Bilt remains committed to transforming your housing journey into a rewarding experience.
Stay tuned for exciting announcements as we continue to make housing more rewarding for everyone.
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