Bilt Rewards just made a surprise move: as of June 23, 2026, you can now transfer Bilt points to I Prefer Hotel Rewards at a 1:2 ratio, unlocking nearly 700 boutique and luxury hotels around the globe. Transfers reportedly complete in about 5 minutes, making this a fast and flexible new option for Bilt cardholders seeking unique stays.
Our Take
Mixed. This is a creative expansion for Bilt, giving members access to a new set of boutique hotels that aren’t part of the usual big chains. However, I Prefer’s redemption rates are often unpredictable and can be poor value compared to Hyatt or even Marriott, so this isn’t a game-changer for most. Still, for travelers seeking unique or independent hotels in major cities, it’s a welcome new tool.
What Changed
- New transfer partner: Bilt Rewards now transfers to I Prefer Hotel Rewards (Preferred Hotels)
- Transfer ratio: 1 Bilt Point → 2 I Prefer Points
- Transfer time: About 5 minutes
- Coverage: Nearly 700 Preferred Hotels worldwide
- Effective date: June 23, 2026
Who Benefits Most
- Bilt cardholders seeking boutique or independent hotels: For example, a traveler with 20,000 Bilt Points can now get 40,000 I Prefer Points, which may cover a night at select Preferred Hotels (redemption rates vary, but some properties price at 25,000–55,000 points per night).
- Frequent travelers to cities with limited chain hotel options: If you visit destinations where Hyatt, Marriott, or Hilton have little presence, Preferred’s global footprint can fill the gap.
- Bilt Rewards maximizers: Those who already hold the bilt-palladium or bilt-obsidian and want more flexibility for their points.
- Travelers looking for last-minute redemptions: With 5-minute transfers, you can book on short notice when cash rates spike.
Who Should Be Cautious
- Value-focused points enthusiasts: By our 2.2¢/point valuation, Bilt points are often worth more when transferred to Hyatt or major airline partners. I Prefer redemptions can yield less than 1¢ per Bilt point in many cases.
- Luxury chain loyalists: If you prefer elite benefits and guaranteed upgrades at Hyatt, Marriott, or Hilton, Preferred’s program may feel underwhelming.
- Travelers expecting consistent value: I Prefer’s award chart is opaque, and redemption values can fluctuate widely between properties and dates.
What To Do Right Now
- Check the I Prefer Hotel Rewards site for properties and award pricing in your target destinations before transferring any Bilt points.
- Compare redemption value: Calculate the cents-per-point you’d get versus transferring to Hyatt or airlines—aim for at least 1.5¢ per Bilt point for a good deal.
- Transfer only as needed: Since transfers are fast, wait until you’re ready to book before moving points.
- Monitor for transfer bonuses: Bilt occasionally offers transfer bonuses—wait for one if you’re not in a rush.
