Bilt Mastercard overview
*Card score relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
The Bilt Mastercard is exclusive as a result of it permits cardholders to earn rewards on hire funds (as much as 100,000 Bilt Factors in a calendar 12 months) — with out being charged a transaction price (see charges and charges).
And whereas this distinctive function is value being attentive to, it is from the one purpose you may wish to get the cardboard. It sports activities bonus-earning charges that mirror the $95 annual price fan-favorite Chase Sapphire Most well-liked® Card (see charges and charges): 3 factors per greenback on eating and a couple of factors per greenback on journey purchases, all for no annual price (see charges and charges). Observe the Bilt Mastercard should be used 5 instances every assertion interval to earn factors (see rewards and advantages). The two factors per greenback incomes price for the Sapphire Most well-liked is for non-Chase Journey℠ bookings.
Nonetheless, it has some peculiarities that maintain it from being a slam dunk for a lot of. One in every of them is that although it is geared towards renters, it is not essentially constructed for these nonetheless establishing credit score. For the perfect probability of approval, you will need a good to glorious credit score rating (670-850).
Nonetheless, adjustments are coming in February 2026. Bilt will finish its partnership with Wells Fargo and roll out three card choices with Cardless at completely different annual price thresholds — one with no annual price, one with $95 and one with $495. Extra particulars shall be introduced this fall.
Let us take a look at the continuing advantages supplied by the Bilt Mastercard and its distinctive incomes construction to see whether or not it deserves a spot in your pockets.
Bilt Mastercard professionals and cons
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Bilt Mastercard welcome bonus
There is no such thing as a welcome bonus for brand spanking new candidates to the Bilt Mastercard. This implies you’ll not obtain a bit of factors after finishing an introductory spending requirement.
Nonetheless, you possibly can earn rewards for referring family and friends to join the Bilt Mastercard. You’ll earn 2,500 Bilt Factors for every one who applies for and is accepted for the Bilt card utilizing your hyperlink. You will additionally earn 10,000 bonus factors for each fifth profitable referral — as much as 50 complete referrals.
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Associated: Bilt is contemplating new bank card merchandise to pair with factors for mortgage funds
Bilt Mastercard advantages
You possibly can take pleasure in a number of advantages with the Bilt Mastercard, a lot of which come from the actual fact this can be a World Elite Mastercard. The advantages on the Bilt Mastercard will be divided into 4 classes: rent-related advantages, credit-building, journey protections, and buy credit. You possibly can learn the complete particulars on the Bilt Rewards and Advantages web page.
Hire-related advantages for the Bilt Mastercard embrace paying hire with a bank card — thus incomes factors — with out paying any transaction charges (see charges and charges).
In case your landlord is not a part of the Bilt community, you can also make an ACH (financial institution switch) cost by means of your landlord’s on-line cost system (if accessible) or have Bilt ship a test in your behalf. There are not any transaction charges for making hire funds to your landlord on this approach, and these are qualifying purchases in your card to earn Bilt Factors (as much as 100,000 factors in a calendar 12 months for hire funds; should use the cardboard 5 instances every assertion interval to earn factors).
One other key advantage of the cardboard is credit score constructing. You possibly can elect to have your hire funds reported to all three main credit score bureaus within the U.S. This helps set up a historical past of on-time funds and will assist your credit score rating.
Your Bilt Mastercard additionally has some spectacular journey protections for a card with out an annual price (see charges and charges). Cardholders obtain as much as $5,000 in reimbursement for nonrefundable tickets if a visit is canceled or interrupted for a lined purpose, due to the cardboard’s Journey Cancellation and Interruption Safety*.
Additionally included is an Auto Rental Collision Harm Waiver* and a Mobile Phone Safety profit* that gives as much as $800 of cellphone safety (topic to $25 deductible) in opposition to injury or theft. Utilization of all these advantages is in impact while you pay utilizing the Bilt Mastercard. *A most profit quantity and sure restrictions and limitations apply.
As a World Elite Mastercard, you even have entry to $5 in Lyft Credit every month after paying for 3 rides that month together with your Bilt Mastercard. Lastly, you need to use your card confidently overseas as a result of it has No International Transaction Charge (see charges and charges). Extra data and phrases.
Associated: 5 methods to pay your hire with a bank card
Incomes factors with the Bilt Mastercard
You’ll solely earn factors while you make at the very least 5 transactions in your card in a press release interval. Thus, if the one buy you make in your card every month is your hire cost, you will not earn factors at these charges.
As a substitute, you’d earn a flat price of 250 factors for paying hire together with your card.
You will additionally obtain 250 Bilt Factors on your hire cost in case your cost is lower than $250 that month. You possibly can earn a most of 100,000 factors from hire funds in a calendar 12 months, requiring a median month-to-month hire of $8,333 to attain this most factors return.
TPG’s July 2025 valuations place Bilt Rewards factors at 2.2 cents per level, that means you will earn an efficient 6.6% return on eating purchases, 4.4% on journey and a couple of.2% on different purchases.
One other priceless perk is the chance to earn double factors on the primary day of every month (excluding hire, as much as 1,000 bonus factors), which Bilt calls “Hire Day.” For every buy made on the primary day of the month, you possibly can earn double factors on eating (boosted to six factors per greenback), journey (4 factors per greenback) and on a regular basis spending (2 factors per greenback).
Nonetheless, factors earned on hire funds aren’t doubled.
You will additionally earn additional factors at choose eating places with Bilt Eating, which supplies bonus rewards while you use any credit score or debit card linked to your Bilt account to pay at collaborating eating places. You will earn 5 factors per greenback on Lyft when you hyperlink your Bilt and Lyft accounts and pay with the cardboard, in addition to 2 factors per greenback on prescriptions crammed at Walgreens. Bear in mind, you have to use the cardboard 5 instances every assertion interval to earn factors.
There are completely different tiers of Bilt Elite Standing supplied by way of this card, which you’ll be able to earn by means of incomes qualifying factors or by means of qualifying spending. Observe that factors earned from hire will depend towards standing, however the precise spending you placed on the cardboard for hire funds won’t depend towards hire.
- Blue: Anybody enrolled in Bilt Rewards who has spent lower than $10,000 on eligible purchases in a 12 months or earned fewer than 50,000 Bilt Factors in a calendar 12 months; 1:1 factors transfers to journey companions (see beneath), entry to the Bilt Assortment (see beneath) and constructing credit score historical past by means of hire reporting.
- Silver: Earn 50,000 factors or spend $10,000 on eligible purchases in a 12 months; further advantages embrace incomes a ten% bonus on lease incentive factors from collaborating properties and incomes curiosity on factors.
- Gold: Earn 125,000 factors or spend $25,000 on eligible purchases in a 12 months; further advantages embrace incomes a 25% bonus on lease incentive factors and entry to a Homeownership Concierge.
- Platinum: Earn 200,000 factors or spend $50,000 on eligible purchases in a 12 months; further advantages embrace a 50% bonus on lease incentive factors and an unique reward from the Bilt Assortment.
Associated: Full information to the Bilt Rewards program
Redeeming factors with the Bilt Mastercard
You’ve got a number of choices while you’re able to redeem your Bilt rewards. You need to use them to e-book journey by means of the Bilt portal or buy objects from the Bilt Assortment, switch them to Bilt’s resort and airline companions, e-book health courses, pay for Amazon.com purchases immediately or use them to assist cowl the price of subsequent month’s hire.
Whereas the vary of redemption choices is sweet, they do not all yield a valuation that matches our July 2025 valuation of two.2 cents per level.
Redeeming your factors for hire funds supplies the worst worth of all choices: simply 0.55 cents per level. And whereas redeeming factors towards Amazon.com purchases could also be tempting, you will get a meager worth of 0.7 cents per level with this feature.
Alternatively, you possibly can obtain a worth of 1 cent per level when paying for health courses with SoulCycle, Y7 Studio, Pure Barre, Rumble Boxing, BFT, CycleBar, YogaSix, and CorePower Yoga or when purchasing the Bilt Assortment of artwork, dwelling decorations and attire.
Bilt has a journey portal, and you’ll redeem your factors at a hard and fast worth of 1.25 cents apiece when reserving flights or lodges right here. When redeeming your factors towards a down cost on a house, you possibly can internet a worth of 1.5 cents per level. You will get essentially the most worth out of your factors in case you switch them to any of Bilt’s resort and airline companions.
Associated: Bilt Rewards expands into well being care with Walgreens partnership
Transferring factors with the Bilt Mastercard
If you’d like most worth out of your Bilt Rewards, benefit from Bilt’s 21 airline and resort switch companions. Key choices embrace Air France-KLM Flying Blue, Alaska Airways Mileage Plan, United Airways MileagePlus and World of Hyatt.
You probably have Blue Standing with Bilt Rewards, you have to to switch at the very least 2,000 factors for every associate. You probably have Silver, Gold or Platinum Bilt Standing, you will must switch a minimal of 1,000 Bilt Factors. Transfers should be executed in 1,000-point increments.
An excellent redemption of Bilt Factors could be to switch them to Alaska Mileage Plan to benefit from their distance and zone-based chart to e-book a Qatar Qsuite flight from the U.S. to the Center East from 70,000 miles one-way.
Associated: How lengthy do Bilt Rewards factors take to switch?
Which playing cards compete with the Bilt Mastercard?
There are not any different bank cards precisely just like the Bilt Mastercard. It’s the sole bank card product in a comparatively new factors system — Bilt Rewards — and has distinctive options concerning hire funds. Nonetheless, in case you aren’t prioritizing incomes rewards on hire funds (as much as 100,000 factors every calendar 12 months), chances are you’ll discover a higher slot in one among these options:
For extra choices, try our full record of the greatest journey rewards and no-annual-fee bank cards.
Associated: Bilt Mastercard vs. Chase Sapphire Most well-liked
Is the Bilt Mastercard value it?
The Bilt Mastercard is right for individuals who pay hire every month and wish to earn bank card rewards however do not wish to pay transaction charges (see charges and charges). Those that do not pay hire could contemplate one other card with extra profitable incomes charges.
Associated: Must you use the Bilt Mastercard? Why it may very well be a sport changer for renters
Backside line
The Bilt Mastercard is exclusive. It has its personal rewards program and presents renters the power to earn factors each month with out incurring transaction charges — plus, there is no annual price on the cardboard (see charges and charges). There are journey protections and a number of methods to redeem factors, and the switch companions present high quality choices for journey.
Drawbacks embrace the necessity to make 5 purchases in your card each assertion interval earlier than qualifying for factors, and the Bilt Mastercard does not supply any welcome bonus. The Bilt Mastercard might not be the perfect bank card in your pockets for each buy class, but it surely may match effectively into a various factors and miles technique, particularly in case you’re a renter.
Apply right here: Bilt Mastercard
For charges and charges of the Bilt Mastercard, click on right here.
For rewards and advantages of the Bilt Mastercard, click on right here.
