New Bilt card transition timeline: What you should know

We’re nearing resolution time for present Bilt Mastercard® cardholders.

Later this week, Bilt Rewards will formally roll out info on the loyalty program’s three new bank cards, known as Bilt Card 2.0 and issued by Cardless. Present cardholders can have simply over two weeks to guage their 2.0 choices and make a alternative earlier than the Wells Fargo-backed Bilt Mastercard is retired in February.

There are just a few key dates to remember as this transition will get underway. Quickly, you may have the chance to product change to one of many new playing cards, otherwise you’ll see your present Bilt Mastercard changed by the no-annual-fee Wells Fargo Autograph® Card (see charges and charges).

It is essential to notice that present Bilt cardholders shouldn’t have to take fast motion. Slightly, your window to select is opening quickly — this Wednesday, to be precise — and you should have till Jan. 30 to decide.

This is a breakdown of the important thing dates and what you’ll be able to anticipate all through the following few weeks.

The knowledge for the Bilt Mastercard has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.

Jan. 14: Bilt Card 2.0 launches, resolution window opens

On Wednesday, Bilt will formally announce full particulars on its suite of latest playing cards. Whereas rumors have been circulating in regards to the playing cards’ particulars, we all know for sure that there will likely be three variations accessible at completely different annual price thresholds:

In response to rumors, the brand new playing cards will earn Bilt Factors on hire and mortgage funds and Bilt Money on on a regular basis spending. The playing cards with annual charges characteristic extra bonus classes and a few Bilt Journey credit. The upper the annual price, the extra advantages you’ll be able to obtain.

Beginning Jan. 14, Bilt cardholders could make their choice at bilt.com/card or by the Bilt app.

You do not have to make your resolution on the primary day that particulars are launched, since you may have till Jan. 30 to pick a brand new Bilt card.

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Jan. 30: Closing day to pick a brand new Bilt card

Jan. 30 is the final day present cardholders can choose in for a seamless transition from their outdated card to a brand new one.

In the event you do not make a choice by this date, your Wells Fargo-backed Bilt Mastercard will likely be robotically transformed to the Wells Fargo Autograph Card. The Autograph card has no annual price, nevertheless it is not going to embody a welcome bonus for transformed cardholders.

To be taught extra in regards to the Wells Fargo Autograph, learn our full evaluation.

You could possibly additionally select to shut your Bilt/Wells Fargo account and choose to not transition to a brand new Bilt Card 2.0, which might finish your Bilt card membership altogether. You will nonetheless be capable to use the Bilt Rewards ecosystem, nevertheless, even when you do not have a Bilt card.

Even after the choice deadline, you will not be capable to use your new Bilt Card 2.0 instantly.

Key issues

Bilt launched some essential particulars to assist present cardholders make their alternative:

• You’ll have the choice to robotically switch your stability out of your outdated Bilt Mastercard to your new Bilt Card 2.0. If you don’t robotically switch your stability to a Bilt Card 2.0 choice, you’ll be able to entry statements and make funds in your stability by visiting wellsfargo.com or calling 833-404-2272.
• You’ll have the choice to shut your outdated Wells Fargo account for those who select to open a brand new Bilt Card 2.0.
• You’ll keep the identical card quantity for those who select to open a brand new Bilt Card 2.0.
• Apple Pay and Google Pay will robotically refresh with new Bilt Card 2.0 particulars after you improve.
• It is possible for you to to decide on a brand new card with no arduous inquiry displaying up in your credit score report.

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Feb. 6: Your final day to make use of your outdated Bilt Mastercard

Feb. 6 is the final day you should utilize the outdated Bilt Mastercard.

Present cardholders will quickly be capable to use both their new Bilt Card 2.0 or transformed Wells Fargo Autograph Card as an alternative.

Feb. 6 can be the date cardholders can anticipate to have their new Bilt Card 2.0 or Autograph card in hand, in order that they’re prepared for use on the following day: activation day.

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Feb. 7: Your new Bilt Card 2.0 or transformed Autograph card prompts, and your outdated Bilt Mastercard is retired

The brand new age for Bilt card membership begins Feb. 7. Your new Bilt Card 2.0 or Wells Fargo Autograph Card will likely be prepared to make use of Feb. 7.

That is additionally the day digital wallets will replace with new card particulars.

On Feb. 7, the outdated Bilt Mastercard issued by Wells Fargo will not work.

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Backside line

Present Bilt Mastercard holders can have simply over two weeks to determine whether or not they’ll select so as to add one in every of three new Bilt playing cards issued by Cardless, or see their outdated Bilt Mastercard transition right into a Wells Fargo Autograph Card.

You do not have to select as quickly because the window opens Jan. 14, however you should do not forget that Jan. 30 is the final day you’ll be able to determine and have your card particulars seamlessly transitioned by Bilt.

It is possible for you to to make use of your Bilt Card 2.0 or transformed Autograph card by Feb. 7.

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