Bilt Rewards founder and CEO Ankur Jain unpacks personalized reward offers on ‘The Claman Countdown.’
Bilt, a loyalty program designed to help members utilize their largest expenses for rewards points and build a path toward homeownership, is now tackling student debt.
On Wednesday, Bilt launched two new initiatives that would assist with two of the most significant financial burdens facing students: loans and college housing.
Bilt members will now be able to redeem the points they have earned on student loans serviced by Nelnet, MOHELA, Sallie Mae, Aidvantage and Navient, though additional servicers will become available in the coming months. Every 1,000 Bilt points can be redeemed for $10 toward student loan payments.