Bilt is the platform that potentially helps people earn rewards on their housing payments , whether paying rent or a mortgage. However, Bilt goes way beyond that, and nowadays has quite the robust transferable points currency. In this post, I’d like to take a closer look at the basics of redeeming Bilt points, and how to maximize value.

So that I don’t bury the lede, generally the best use of Bilt points is to move them to the program’s airline and hotel partners, as this can offer the most outsized value. Bilt has some valuable and unique partners, and that’s what makes the ecosystem so lucrative.

Link: Apply for a Bilt credit card ( Rates & Fees ), with three options to choose from

The easiest way to rack up Bilt points is with the three co-branded credit cards, issued by Cardless, including the no annual fee Bilt Blue Card ( learn more ), $95 annual fee Bilt Obsidian Card ( learn more ), and $495 Bilt Palladium Card ( learn more ) — read my Bilt credit card review and comparison ( Rates & Fees ). Not only do these cards earn points, but they also earn you Bilt Cash, which can be redeemed to earn even more points (up to $100 of Bilt Cash earned rolls over to the next year).

I think the Bilt Palladium Card is the most lucrative card in the portfolio , despite its high annual fee. The card earns 2x points on all spending, plus the option to earn 4% back in the form of Bilt Cash. Bilt Cash can be used to earn points on your housing payments (rent, mortgage, and/or HOA), and as a general rule of thumb, you need to spend about 75% as much as your housing payment on the card to earn 1x points per dollar spent on housing (there’s a bit more nuance to that).

Bilt Cash can also be redeemed for spending accelerators, so that you earn an additional 1x points per dollar spent on everyday purchases, up to a certain limit.

Long story short, the card nets me well over 3x points per dollar spent on everyday purchases, which is pretty unrivaled (assuming you have enough spending that doesn’t qualify for good bonus categories on other cards, and can make the annual fee work — admittedly those are two major caveats).

Earning lots of points is one thing, but how can you actually redeem points earned in the Bilt ecosystem? Bilt points are quite competitive with the other major transferable points currencies out there, so there are lots of great uses of them.