diff --git a/licensing-service/src/api/buy_page.rs b/licensing-service/src/api/buy_page.rs
index 45fdb6b..40423bc 100644
--- a/licensing-service/src/api/buy_page.rs
+++ b/licensing-service/src/api/buy_page.rs
@@ -1094,8 +1094,15 @@ fn render_tier_picker(
             // name + description (as a tooltip). Falls back to the
             // Marketing bullets — operator-controlled copy from
             // metadata.marketing_bullets. Rendered as ✓ checkmarks
-            // above the entitlement bullets. Skipped silently if
-            // absent / wrong shape.
+            // above (default) or below the entitlement bullets based
+            // on metadata.marketing_bullets_position. Skipped silently
+            // if absent / wrong shape.
+            let bullets_below = p
+                .metadata
+                .get("marketing_bullets_position")
+                .and_then(|v| v.as_str())
+                .map(|s| s == "below")
+                .unwrap_or(false);
             let marketing_html = p
                 .metadata
                 .get("marketing_bullets")
@@ -1216,8 +1223,14 @@ fn render_tier_picker(
             } else {
                 classes.clone()
             };
+            // Operator-controlled order: above (default) or below.
+            let (first_block, second_block) = if bullets_below {
+                (&entitlements_html, &marketing_html)
+            } else {
+                (&marketing_html, &entitlements_html)
+            };
             format!(
-                r#"<div class="{classes}" data-policy-slug="{slug}">{popular_pill}{featured_ribbon}<div class="tier-name">{name}</div>{original_price_html}<div class="tier-price">{price_fmt}<span class="tier-price-unit">{price_unit}{cadence_suffix}</span></div>{dur_html}{recurring_meta}{trial_banner}{trial_meta}{description_html}{marketing_html}{entitlements_html}<button type="button" class="tier-select-btn">Select</button></div>"#,
+                r#"<div class="{classes}" data-policy-slug="{slug}">{popular_pill}{featured_ribbon}<div class="tier-name">{name}</div>{original_price_html}<div class="tier-price">{price_fmt}<span class="tier-price-unit">{price_unit}{cadence_suffix}</span></div>{dur_html}{recurring_meta}{trial_banner}{trial_meta}{description_html}{first_block}{second_block}<button type="button" class="tier-select-btn">Select</button></div>"#,
                 classes = classes,
                 slug = slug_attr,
                 popular_pill = popular_pill,
@@ -1232,8 +1245,8 @@ fn render_tier_picker(
                 trial_banner = trial_banner,
                 trial_meta = trial_meta,
                 description_html = description_html,
-                marketing_html = marketing_html,
-                entitlements_html = entitlements_html,
+                first_block = first_block,
+                second_block = second_block,
             )
         })
         .collect();
diff --git a/licensing-service/src/api/policies.rs b/licensing-service/src/api/policies.rs
index 9710d83..b907620 100644
--- a/licensing-service/src/api/policies.rs
+++ b/licensing-service/src/api/policies.rs
@@ -814,14 +814,26 @@ pub async fn list_public_policies(
                 .and_then(|v| v.as_bool())
                 .unwrap_or(false);
             // Marketing bullets: operator-controlled copy that renders
-            // as ✓ checkmarks ABOVE the entitlement bullets on the buy
-            // page. Stored as an array of strings in metadata; passes
-            // through to JSON unchanged.
+            // as ✓ checkmarks above (default) or below the entitlement
+            // bullets on the buy page based on
+            // `marketing_bullets_position`. Stored as an array of
+            // strings in metadata; passes through to JSON unchanged.
             let marketing_bullets = p
                 .metadata
                 .get("marketing_bullets")
                 .cloned()
                 .unwrap_or_else(|| json!([]));
+            // "above" (default — matches prior behavior) or "below".
+            // Normalize anything else to "above" so SDK consumers don't
+            // have to defensively coerce.
+            let marketing_bullets_position = match p
+                .metadata
+                .get("marketing_bullets_position")
+                .and_then(|v| v.as_str())
+            {
+                Some("below") => "below",
+                _ => "above",
+            };
             let price_sats = p.price_sats_override.unwrap_or(product.price_sats);
             // Featured discount (if any) — compute the post-discount
             // price the buyer would actually pay if they bought right
@@ -858,6 +870,7 @@ pub async fn list_public_policies(
                 "is_trial": p.is_trial,
                 "entitlements": p.entitlements,
                 "marketing_bullets": marketing_bullets,
+                "marketing_bullets_position": marketing_bullets_position,
                 "highlighted": highlighted,
                 // Recurring-subscription cadence — buy page renders
                 // "Renews every N days" / "$X/month" when is_recurring=true.
diff --git a/licensing-service/web/index.html b/licensing-service/web/index.html
index 9ab5e6d..64f5d0f 100644
--- a/licensing-service/web/index.html
+++ b/licensing-service/web/index.html
@@ -1999,8 +1999,16 @@ hr.div { border:none; border-top:1px solid var(--border-1); margin:18px 0; }
     const bulletsField = formInput('e_pol_bullets', 'Marketing bullets (optional)', {
       textarea: true,
       value: marketingBulletsInit,
-      hint: 'One per line. Renders as ✓ checkmarks above the entitlements on the buy page. Use for things like "Up to 5 products" or "BTCPay integration" that aren\'t real entitlements.',
+      hint: 'One per line. Renders as ✓ checkmarks on the tier card. Use for things like "Up to 5 products" or "BTCPay integration" that aren\'t real entitlements.',
     })
+    // Marketing bullets position — "above" (default, prior behavior) or
+    // "below" the entitlement chips on the tier card. Pre-populated
+    // from existing metadata.marketing_bullets_position.
+    const bulletsPositionInit = meta.marketing_bullets_position === 'below' ? 'below' : 'above'
+    const bulletsPositionField = formSelect('e_pol_bullets_position', 'Bullets position on tier card', [
+      { value: 'above', label: 'Above entitlements' },
+      { value: 'below', label: 'Below entitlements' },
+    ], { value: bulletsPositionInit })
     if (highlight) setTimeout(() => {
       const cb = card.querySelector('[name=e_pol_highlight]')
       if (cb) cb.checked = true
@@ -2085,6 +2093,7 @@ hr.div { border:none; border-top:1px solid var(--border-1); margin:18px 0; }
       el('div', { class: 'row-2' }, [graceField, machinesField]),
       entField,
       bulletsField,
+      bulletsPositionField,
       el('div', { class: 'row-2' }, [highlightField, trialField]),
       // Tier ladder rank — sits in its own row above the recurring section.
       tierRankField,
@@ -2133,6 +2142,15 @@ hr.div { border:none; border-top:1px solid var(--border-1); margin:18px 0; }
               .split('\n').map((s) => s.trim()).filter(Boolean)
             if (newBullets.length > 0) newMetadata.marketing_bullets = newBullets
             else delete newMetadata.marketing_bullets
+            // Position: only persist when bullets exist AND the operator
+            // picked something other than the default ("above"). Keeps
+            // metadata clean for tiers that use defaults or have no bullets.
+            const newBulletsPos = card.querySelector('[name=e_pol_bullets_position]').value
+            if (newBullets.length > 0 && newBulletsPos === 'below') {
+              newMetadata.marketing_bullets_position = 'below'
+            } else {
+              delete newMetadata.marketing_bullets_position
+            }
             const priceRaw = card.querySelector('[name=e_pol_price]').value.trim()
             const price_sats_override = priceRaw === '' ? null : Math.max(0, parseInt(priceRaw, 10) || 0)
             // Recurring subscription — send the fields whenever the operator
@@ -2278,16 +2296,20 @@ hr.div { border:none; border-top:1px solid var(--border-1); margin:18px 0; }
       : null
 
     // Marketing bullets — operator-controlled copy that renders as
-    // ✓ checkmarks ABOVE the entitlement bullets. Things like
-    // "Up to 5 products" or "BTCPay integration" that aren't real
-    // entitlement gates but are buyer-relevant.
+    // ✓ checkmarks above (default) or below the entitlement chips.
+    // Things like "Up to 5 products" or "BTCPay integration" that
+    // aren't real entitlement gates but are buyer-relevant.
     const marketingBullets = Array.isArray((pol.metadata || {}).marketing_bullets)
       ? pol.metadata.marketing_bullets
       : []
+    const bulletsBelow = (pol.metadata || {}).marketing_bullets_position === 'below'
+    // Tighten top-margin when marketing list follows entitlements
+    // (bulletsBelow=true) — entChips renders first with the normal
+    // 8px gap, marketingList trails directly under it.
     const marketingList = marketingBullets.length === 0
       ? null
       : el('ul', {
-          style: 'list-style:none; padding:0; margin:8px 0 0; font-size:12.5px; color:var(--ink-700)',
+          style: 'list-style:none; padding:0; margin:' + (bulletsBelow ? '2px' : '8px') + ' 0 0; font-size:12.5px; color:var(--ink-700)',
         }, marketingBullets.map((b) => el('li', {
           style: 'padding:2px 0 2px 16px; position:relative',
         }, [
@@ -2299,10 +2321,13 @@ hr.div { border:none; border-top:1px solid var(--border-1); margin:18px 0; }
 
     // Entitlements as small chips with display name + tooltip.
     const cat = product.entitlements_catalog || []
+    // Top-margin: tighten when this list follows another (marketing
+    // list rendered ABOVE), normal when it leads the section.
+    const entLeadsSection = !marketingList || bulletsBelow
     const entChips = (pol.entitlements || []).length === 0
       ? null
       : el('ul', {
-          style: 'list-style:none; padding:0; margin:' + (marketingList ? '2px' : '8px') + ' 0 0; font-size:12.5px; color:var(--ink-700)',
+          style: 'list-style:none; padding:0; margin:' + (entLeadsSection ? '8px' : '2px') + ' 0 0; font-size:12.5px; color:var(--ink-700)',
         }, (pol.entitlements || []).map((slug) => {
           const entry = cat.find((c) => c.slug === slug)
           const display = entry && entry.name ? entry.name : slug
@@ -2486,8 +2511,10 @@ hr.div { border:none; border-top:1px solid var(--border-1); margin:18px 0; }
       description ? el('p', {
         style: 'font-size:13px; line-height:1.45; color:var(--ink-700); margin:6px 0 0',
       }, description) : null,
-      marketingList,
-      entChips,
+      // Operator-controlled order: marketing bullets above (default)
+      // or below the entitlements (metadata.marketing_bullets_position).
+      bulletsBelow ? entChips : marketingList,
+      bulletsBelow ? marketingList : entChips,
       el('div', { class: 'muted', style: 'font-size:11px; margin-top:4px' },
         (pol._license_count || 0) + ' license' + ((pol._license_count || 0) === 1 ? '' : 's')),
       actions,
@@ -2647,6 +2674,19 @@ hr.div { border:none; border-top:1px solid var(--border-1); margin:18px 0; }
       placeholder: 'One bullet per line — e.g.\nUp to 5 products\nBTCPay integration\nWebhooks + audit log',
       style: 'font-family:var(--font-body); font-size:12px; line-height:1.45;',
     })
+    // Position: where the marketing bullets render relative to the
+    // entitlements list on the tier card. "above" matches the previous
+    // hardcoded behavior; "below" puts them after entitlements (useful
+    // when marketing bullets are general value-prop blurbs and the
+    // entitlements are the technical contract a buyer wants to see
+    // first).
+    const bulletsPositionSel = el('select', {
+      class: 'input',
+      style: 'font-size:12px; max-width:200px',
+    }, [
+      el('option', { value: 'above' }, 'Above entitlements'),
+      el('option', { value: 'below' }, 'Below entitlements'),
+    ])
 
     // Tip recipient (advanced — collapsed by default to keep the
     // card narrow).
@@ -2685,11 +2725,15 @@ hr.div { border:none; border-top:1px solid var(--border-1); margin:18px 0; }
         ]),
       ]),
       // Free-form marketing bullets — operator-controlled copy that
-      // renders as additional ✓ checkmarks above the entitlement
-      // bullets. Not enforced anywhere; pure marketing surface.
+      // renders as additional ✓ checkmarks alongside the entitlement
+      // bullets. Position (above vs below entitlements) is operator-
+      // controlled per tier. Not enforced anywhere; pure marketing.
       fieldRow('Marketing bullets',
-        'One per line. Buyer sees these as ✓ checkmarks above the entitlement bullets on the buy page. Use for things like "Up to 5 products" or "BTCPay integration" that aren\'t real entitlements.',
+        'One per line. Buyer sees these as ✓ checkmarks on the tier card. Use for things like "Up to 5 products" or "BTCPay integration" that aren\'t real entitlements.',
         bulletsTextarea),
+      fieldRow('Position on tier card',
+        'Where these bullets render relative to the entitlement chips.',
+        bulletsPositionSel),
       // Recurring section — minimal, expanded inline (no nested
       // disclosure; cards already imply compactness).
       el('div', { style: 'display:flex; align-items:center; gap:6px; margin-top:8px' }, [
@@ -2733,7 +2777,16 @@ hr.div { border:none; border-top:1px solid var(--border-1); margin:18px 0; }
                 .filter(Boolean)
               const metadata = {}
               if (highlightCb.checked) metadata.highlight = true
-              if (marketingBullets.length > 0) metadata.marketing_bullets = marketingBullets
+              if (marketingBullets.length > 0) {
+                metadata.marketing_bullets = marketingBullets
+                // Only persist position when bullets exist — keeps
+                // metadata clean for tiers that don't use bullets.
+                // Default ("above") matches the previous hardcoded
+                // behavior, so we only write the field when it differs.
+                if (bulletsPositionSel.value === 'below') {
+                  metadata.marketing_bullets_position = 'below'
+                }
+              }
               const body = {
                 product_slug: product.slug,
                 slug: slugInput.value.trim(),
diff --git a/startos/versions/v0.2.0.ts b/startos/versions/v0.2.0.ts
index 1a3ccb7..afcc085 100644
--- a/startos/versions/v0.2.0.ts
+++ b/startos/versions/v0.2.0.ts
@@ -58,6 +58,14 @@ const RELEASE_NOTES = [
 // in RELEASE_NOTES above (the milestone). Subsequent revisions
 // append here.
 const ROUTINE_NOTES = [
+  '0.2.0:19 — **Marketing-bullets position: above or below the entitlements.** Tiny operator-control add: pick where the free-form ✓ checkmark copy renders on each tier card.',
+  '',
+  '**The change.** Marketing bullets (`metadata.marketing_bullets`) have always rendered ABOVE the entitlement chips. That\'s usually right for "lifestyle" bullets like "Up to 5 products" / "BTCPay integration" — they sell the tier. But for tiers where the entitlements ARE the headline and the marketing bullets are caveats or fine-print, operators want them BELOW. New `metadata.marketing_bullets_position` field (`"above"` default, `"below"` opt-in) controls this per-policy. UI: small dropdown next to the bullets textarea on both create and edit forms. Renders consistently across the admin grid, the buy page, and the public `/v1/products/<slug>/policies` JSON (so SDK consumers stay in sync).',
+  '',
+  '**Test count: 87** (unchanged — metadata pass-through; no new branches to test).',
+  '',
+  '**Upgrade path.** v0.2.0:18 → v0.2.0:19 is a drop-in. No schema, no SDK breaking change. Existing policies keep rendering bullets above (the default). The new JSON field appears in policies-list responses but is optional and back-compat: old SDKs ignore it.',
+  '',
   '0.2.0:18 — **Discount Codes form polish: less typing, clearer intent.** Three small admin-UI changes that make the create + edit forms less footgun-prone.',
   '',
   '**Max-uses: checkbox + dependent number, not "0 = unlimited".** Previously the form had a single number input with a hint that read `"0 = unlimited"`. That meant the default value was `0`, which displayed as "no cap" but read like "0 uses allowed." Now it\'s a "Limit total uses" checkbox + a number input that only appears when the checkbox is checked (default 100). Unchecked = no cap is sent. Edit form matches.',
@@ -338,7 +346,7 @@ const ROUTINE_NOTES = [
 ].join('\n\n')
 
 export const v0_2_0 = VersionInfo.of({
-  version: '0.2.0:18',
+  version: '0.2.0:19',
   releaseNotes: { en_US: ROUTINE_NOTES },
   // No on-disk transformation needed — v0.2.0:0 is a label change.
   // SQLite-level migrations live separately under