Bilt Rewards

Bilt Rewards is a New York-based fintech company founded in 2019 that has revolutionized how renters earn rewards on their largest monthly expense. The company enables members to earn points on rent payments without transaction fees, then redeem those points for travel, fitness classes, home purchases, and more across an extensive partner network.

The company has experienced explosive growth, reaching a $10.75 billion valuation in July 2025 following a $250 million funding round co-led by General Catalyst and GID. This represents a remarkable trajectory from $1.5 billion valuation in 2023 to $3.1 billion in January 2024 to over $10 billion in less than two years. Total funding has exceeded $813 million.

Bilt Rewards has built an unprecedented loyalty ecosystem, partnering with over 40,000 merchants across the US and 20 travel loyalty programs including major airlines like American, United, Alaska, and hotel brands like Hyatt, Marriott, and Hilton. The Bilt Mastercard, issued in partnership with Wells Fargo, allows members to earn 1x points per dollar on rent payments up to $100,000 annually.

The company is chaired by Kenneth Chenault, former CEO of American Express, with Roger Goodell (NFL Commissioner) among its board members. Bilt is targeting $1 billion in revenue by Q1 2026, demonstrating its transition from startup to major financial services player.