Bilt Mastercard Credit Card Review 2024
09.02.2024 - 10:19
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The Bilt Mastercard® is the first credit card to offer rewards for paying rent without paying additional transaction fees — and you can redeem your points for travel, merchandise, and more. While it now offers bonus points on dining and select travel, if you're not a renter, you should consider other no-annual-fee rewards credit cards as well.
If you are looking for the best credit card that allows you to earn rewards for your rent payments, without paying additional fees, the Bilt Mastercard® isn't just a great choice, it's your only choice.
The Bilt Mastercard® offers you 1 point per dollar for all rental payments, on up to $100,000 in payments every year. There's no traditional welcome bonus, but you can earn bonus rewards by referring friends (2,500 per successful referral), and now every fifth successful referral you make gets you an additional 10,000 points (up to 2,025,000 referral points each year) — even if you don't have the card.
Earn up to 1x points on rent payments without the transaction fee, up to 100,000 points each calendar year. Earn 2x points on travel. Earn 3x points on dining. Earn 1x points on other purchases. Earn points when you make 5 transactions that post each statement period.
Good to Excellent
The Bilt Mastercard® is the first credit card to offer rewards for paying rent without the transaction fee — and you can redeem your points for travel, merchandise, and more. While it now offers bonus points on dining and select travel, if you're not a renter, you should consider other no-annual-fee rewards credit cards as well.
What's unique about the Bilt Mastercard® is that you can use it to pay your rent to any landlord, anywhere, with no transaction fee. You'll earn points on rent payments (1 point per dollar on up to $100,000 per year), 2x points on travel, 3x points on dining, and 1 point per dollar on other purchases. However, you must make a minimum of five transactions per statement period to earn points.
The Bilt Rewards program offers a number of redemption options, including point transfers to airline and hotel partners, booking travel through its travel portal, rent discounts, fitness rewards, and merchandise.
If you rent from a company in the Bilt Rewards Alliance (a network of over two million apartments in the US) you don't need the Bilt Mastercard® to earn points for paying rent — you can earn points by paying rent through the Bilt Rewards app.
However, if you're not a renter, there are many