The Bilt Rewards loyalty and credit card points program has added a new redemption option at 1 cent per point toward student loans. You can redeem points to pay off your student loans with these providers: Sallie Mae, MOHELA, Neinet, Navient, or Aidvantage.
Outside of transferring to travel partners, the best cash redemption is still 1.5 cents toward a home down payment. Then there’s the 1.25 cents redemption value on the Bilt Rewards Travel Portal powered by Expedia. This 1 cent redemption option toward student loans is a nice new addition.
Hat tip to FM