Bilt Technologies, Inc.

Bilt Rewards is a financial technology company that operates a loyalty and payments platform, primarily focused on rent and mortgage payments. Founded by Ankur Jain in 2019 and officially launched in 2021, its mission is to transform housing payments into valuable rewards, connect members with exclusive neighborhood benefits, and provide a pathway to homeownership. The company is headquartered in New York City, with its main office located in the Meatpacking District at 837 Washington Street.

Bilt's core offerings include the Bilt Rewards loyalty program and co-branded credit cards, such as the Bilt Mastercard, Bilt Blue, Bilt Obsidian, and Bilt Palladium, issued by Column N.A. (formerly Wells Fargo). These products enable users to earn points on rent and mortgage payments without transaction fees, a unique proposition in the market. The company also operates the Bilt Rewards Alliance, a network of rental properties, and offers "Neighborhood Benefits" allowing members to earn points at local merchants. Additionally, Bilt provides free rent reporting to credit bureaus to help members build credit history. Points can be redeemed for a wide array of options, including transfers to major airline and hotel loyalty programs (e.g., American Airlines, Hyatt, Marriott), future rent or mortgage payments, down payments on homes, fitness classes, and everyday expenses like Lyft rides.

Led by Founder and CEO Ankur Jain, Bilt Rewards has rapidly grown, achieving a valuation of $10.75 billion as of July 2025 following a $250 million funding round. The company is recognized as a significant innovator in the fintech sector, disrupting traditional loyalty programs by integrating housing payments. In January 2026, Bilt introduced "Bilt 2.0," restructuring its credit card program and transitioning its banking partnership from Wells Fargo to Column N.A. and Cardless, which included new tiered cards and mortgage rewards. This transition, however, led to user complaints and regulatory scrutiny, with the CFPB directing Bilt to reimburse affected customers in June 2026.