In this month’s Wells Fargo/Bilt statements, a notice of a change to the program T&Cs:

Effective immediately:
The sentence in the section titled "General Terms" dealing with redemption values is deleted and replaced with: "At any time and for any reason without notice to you, Bilt may change the amount of points required for redemption."

To be honest I was a bit surprised this language wasn’t already in the T&Cs because I’m so used to airline and hotel loyalty programs having similar no notice language regarding program changes.

However, I have to wonder if they’re just tightening up the language for good practice, or if they are already contemplating changes to the program.