The Bilt Mastercard® Rewards stands out in the credit card market by offering something unique: the ability to earn points simply by paying rent. Developed through a partnership between Bilt and Wells Fargo, this card is designed to turn one of the biggest monthly expenses for most consumers into an opportunity to generate travel rewards, cashback, or everyday benefits.
Unlike many traditional credit cards, the Bilt Mastercard has few fees, allowing cardholders to use it for a variety of payments. This feature alone makes the product appealing, especially to young professionals and those looking to maximize fixed expenses. Learn more about the benefits!
How the Rewards Program Works
The Bilt Rewards Program is the core of this card. For every dollar spent, cardholders earn points that can be redeemed across multiple categories. The big difference is that rent payments made with the Bilt Mastercard earn points with no extra fee, something rare in the industry.
Points can be transferred to more than a dozen travel partners, including airline and hotel loyalty programs such as American Airlines AAdvantage, United MileagePlus, Hyatt, and IHG One Rewards. In addition, cardholders can choose to redeem points for exclusive experiences offered by Bilt, future rent credits, or even as cashback.
Another important detail is that points never expire as long as the account remains active, giving users more flexibility to plan their redemptions.
Exclusive Benefits
The Bilt Mastercard® goes beyond just earning points. It offers a range of benefits that increase the overall value of the product.
One highlight is access to BiltProtect. This is a feature that allows cardholders to link a bank account to the card to ensure rent payments don’t create a revolving balance. This way, the rent amount is pulled directly from the customer’s bank account. Meanwhile, points are still credited to the rewards program, combining convenience with security.
On top of that, the card includes standard Mastercard World Elite perks such as fraud protection, rental car insurance, global emergency assistance, and access to exclusive offers on dining, travel, and cultural events.
Another key feature is Bilt Rewards Status, which comes in tiers (Blue, Silver, Gold, and Platinum). This offers additional perks as cardholders increase their spending volume. These perks include bonus points, early access to exclusive experiences, and even enhanced travel partner benefits.
Rates and Terms
One of the main draws of the Bilt Mastercard® Rewards is that it charges no annual fee, making it accessible even to those who only want to earn points on rent payments. There are also no extra fees for paying rent with the card, a unique feature that sets it apart in the market.
The annual percentage rate (APR) is variable and depends on the customer’s credit profile, typically ranging from 21% to 29%. As with other credit cards, the best practice is to pay balances in full each month to avoid interest charges. It’s always important to check the latest rates and terms before applying!
Who Is It For?
The Bilt Mastercard® is especially well-suited for renters, meaning anyone who pays rent monthly. Since rent is one of the largest expenses in most budgets, turning this cost into points is a smart way to stretch your money further.
Beyond tenants, the card also appeals to those looking to diversify their strategy for earning miles and points in loyalty programs. This is because it offers direct transfers to multiple airlines and hotels. Young adults living in big cities, students, and early-career professionals make up a significant portion of its target audience.
How to Apply for the Bilt Mastercard Rewards
Applying for the Bilt Mastercard® Rewards is simple and entirely digital. Interested applicants can visit the official Bilt or Wells Fargo website. After that, complete the online application with personal and financial information, and wait for credit approval. Once approved, the card is mailed, and customers can immediately start earning points, including on their very next rent payment.
A major advantage is that landlords don’t need to accept credit cards. Bilt handles the process by either depositing the rent directly into the landlord’s account or mailing a check. There is no additional cost to the tenant. This makes the process flexible and convenient, ensuring anyone can turn rent into rewards.
Is the Bilt Mastercard® Rewards Worth It?
The Bilt Mastercard® Rewards is one of the most innovative options in the credit card market. It’s because it allows rent, traditionally a fixed expense with no return, to become a source of benefits. With no annual fee, it brings a broad network of loyalty partners, and added perks like BiltProtect and Mastercard World Elite benefits. For that, the card offers value both to those looking to save and to those seeking premium experiences.
The lack of extra fees on rent payments and the flexibility in point redemptions make the card competitive even compared to traditional rewards cards.
Overall, for renters who want to maximize their biggest monthly expense, the Bilt Mastercard® Rewards is a smart, practical choice that can turn everyday spending into travel, experiences, or valuable benefits.
All information in this and other US PIXIN articles is subject to change over time. Please check for updates directly with the institutions and companies mentioned. Approval is subject to the institution’s review.
REFERENCES:
Read more about credit cards in https://us.pixin.com.br/category/credit-cards/
