BILT CALCULATOR

Updated 1/22/26

Hawaii Reward Travel

Bilt Rent & Mortgage Calculator

Bilt Blue

Model your rent/mortgage points under Bilt’s fee + Bilt Cash offset setup. Choose a card, choose an option, then set how much of your payment earns points.

HRT

Inputs

$
$
100%
Earning
$2,000
Not earning
$0
Assumptions used:
• Transaction fee: 3% on the portion earning points
• Bilt Cash earned: 4% of everyday spend
• Spend points by card: Blue 1x, Palladium 2x, Obsidian 3x/2x/1x (adjustable)
• Rent multiplier (Tiered option): based on Spend ÷ Payment

Results

Total Points (Monthly)
0
Annual: 0
3% Fee
$0.00
Bilt Cash (4%)
$0.00
—
$0.00
—

Your Rent Multiplier

1.00x points on rent
0.5x0.75x1x1.25x
$0 / $0 rent 0%

Monthly Points

Payment 1x
0
Spend 1x
0
Total
0

Annual Points

0
@ 1.8¢/pt
$0
Annual Spend $0
Annual Transaction Fee $0.00
Annual Bilt Cash $0.00
Welcome Bonus 0
Net Result $0

BILT 2.0 Update (Aiyah… It’s Still Complicated 😅)

Quick personal note before we jump in:
Sorry, this is complicated. You’re not crazy. BILT 2.0 is a little confusing, and that’s exactly why I built the calculator. The good news is Bilt listened to feedback and made some changes.

As of now, Bilt officially has two earning options, called Option 1 and Option 2, and you choose one every month inside the app.

Here’s the latest breakdown 👇

The Two BILT 2.0 Options

Option 1 – The “Simple” Way (Tiered Points)

No Bilt Cash involved.

You earn points on your rent or mortgage automatically based on how much non-housing spending you do that month.

Spending Tiers (based on your housing cost):

  • 0–24% spent: 250 points (flat)

  • 25% spent: 0.5x on housing

  • 50% spent: 0.75x on housing

  • 75% spent: 1x on housing

  • 100%+ spent: 1.25x on housing

Example:
Rent = $2,000
Everyday spend = $2,000
→ You earn 1.25x, or 2,500 points, on your rent.

This option exists because many people felt Bilt Cash was too confusing and just wanted something more straightforward.

Option 2 – The “Flexible” Way (Bilt Cash)

This is the original BILT 2.0 concept.

  • You earn 4% back in Bilt Cash on everyday spending (on top of normal points).

  • You then spend Bilt Cash to unlock points on rent or mortgage.

  • The exchange rate is $30 in Bilt Cash = 1,000 housing points.

  • You don’t have to use Bilt Cash on housing—you can use it on things like Lyft, Grubhub, Walgreens, SoulCycle, or the Bilt Collection instead.

What Is Bilt Cash (In Plain English)?

Think of Bilt Cash as a second currency that lets you decide how you want your rebate.

  • How you earn it:

    • 4% back on everyday spending (Option 2 only)

    • Milestone bonuses (every 25,000 points earned)

  • What it’s for:

    • “Buying” points on rent/mortgage

    • Or redeeming for partner credits

  • Important warning ⚠️:
    Bilt Cash expires at the end of each year (you can roll over up to $100).

(Scottie’s Take)

Bilt tried to fix confusion by adding Option 1, but the system is still… a lot. Whether Bilt makes sense depends entirely on your rent/mortgage amount, monthly spending, and opportunity cost versus earning big sign-up bonuses elsewhere.

That’s why the BILT 2.0 calculator exists—to cut through the math and show you if this actually works for you.