New Bilt 2.0 playing cards: earn factors on hire, mortgages and extra

Welcome to the world of Bilt 2.0, the place it seems a lot of the rumors concerning the new card portfolio had been true — and there is a lot to have a good time for many who are greater than prepared to start out incomes factors on their mortgage funds.

Beginning with the actually excellent news: You’ll now have the ability to earn 2 Bilt Factors (TPG’s most valued foreign money, per our January 2026 valuations) per greenback spent on on a regular basis spending in the event you maintain the premium-tier Bilt Palladium Card.

That is large information to me due to the top-tier switch companions within the Bilt Rewards program, akin to Alaska Airways Atmos Rewards, World of Hyatt and United MileagePlus, which make these factors so extremely wanted. I am not saying I now consider this as incomes “2 Hyatt or Atmos Rewards factors per greenback spent on all purchases,” however I am not saying I do not suppose that means.

Moreover, for the very first time, there is a legitimately massive Bilt welcome bonus.

The Bilt Palladium Card (see charges and charges) is providing 50,000 bonus Bilt Rewards factors and Gold elite standing after spending $4,000 on non-housing purchases throughout the first three months from account opening. Plus, cardholders will earn $300 in Bilt Money upon software approval.

However that is not all.

You’ll be able to earn further Bilt factors with TPG’s unique supply: Earn 5 factors per greenback spent on all purchases for the primary 5 days of card membership (as much as 50,000 bonus factors). To be eligible for this limited-time supply, it’s essential to apply by TPG’s unique hyperlink. Word: Supply particulars might not seem throughout the software course of, however shall be mirrored in your Bilt account after card activation on February 7.

Though there are numerous positives to the Bilt 2.0 playing cards, some present Bilt lovers might have not-so-positive reactions to some modifications.

As an example, as rumored, the times of accessing fee-free hire funds with as few as 5 small month-to-month transactions on a Bilt card are coming to an finish.

In line with Bilt, you may nonetheless use all three playing cards to pay your hire — and now your mortgage — with no transaction payment. Nevertheless, so as to unlock the power to earn factors on these funds, you may have to make the most of Bilt Money (one other new program characteristic).

It is a lot, and it might sound sophisticated at first, however that is precisely why we’re right here, so let’s leap to it.

Particulars concerning the new Bilt bank cards

The now-confirmed particulars concerning the three new Bilt bank cards are:

Bilt Blue Card

• $0 annual payment.
• Welcome bonus: Earn $100 Bilt Money once you apply and are accredited.
• TPG unique: Earn 5 Bilt Rewards factors per greenback spent on all purchases for the primary 5 days of card membership (as much as 50,000 factors). To be eligible for this limited-time supply, it’s essential to apply by TPG’s unique hyperlink. Word: Supply particulars might not seem throughout the software course of, however shall be mirrored in your Bilt account after card activation on February 7.
• On a regular basis incomes construction: Earn 1 level per greenback spent on on a regular basis spending.
• Housing incomes construction: Earn as much as 1 level per greenback spent on mortgage and hire funds.
• Obtain 4% Bilt Money on on a regular basis spending purchases; you should use Bilt Money to unlock fee-free factors incomes (as much as 1 level per greenback) in your housing funds.
• No overseas transaction charges.

Apply right here: Bilt Blue Card (see charges and charges)

That is the cardboard to think about if you wish to discover Bilt’s ecosystem (with out paying an annual payment) and need to earn some Bilt factors for housing funds and/or on a regular basis purchases.

Since Bilt factors are value 2.2 cents apiece primarily based on TPG’s January 2026 valuations, you’re nonetheless getting a superb return in your on a regular basis spending on this card. Nevertheless, I would argue that in the event you’re planning to spend considerably on the cardboard, you need to think about a higher-tier Bilt card.

Bilt Obsidian Card

• $95 annual payment.
• Welcome bonus: Earn $200 Bilt Money once you apply and are accredited.
• TPG unique: Earn 5 Bilt Rewards factors per greenback spent on all purchases for the primary 5 days of card membership (as much as 50,000 factors). To be eligible for this limited-time supply, it’s essential to apply by TPG’s unique hyperlink. Word: Supply particulars might not seem throughout the software course of, however shall be mirrored in your Bilt account after card activation on February 7.
• On a regular basis incomes construction: Earn 3 factors per greenback spent on eating or grocery purchases (as much as $25,000 per 12 months), 2 factors per greenback spent on journey and 1 level per greenback spent on on a regular basis spending.
• Housing incomes construction: Earn as much as 1 level per greenback spent on mortgage and hire funds.
• Obtain 4% Bilt Money on on a regular basis spending purchases; you should use Bilt Money to unlock fee-free factors incomes (as much as 1 level per greenback) in your housing funds.
• Obtain a $100 annual Bilt Journey portal lodge credit score ($50 obtainable biannually per calendar 12 months).

Apply right here: Bilt Obsidian Card (see charges and charges)

This mid-tier card is an effective choice to think about in the event you do not need to pay a excessive annual payment however need to make the most of some bonus factors classes (i.e., journey, eating and groceries).

With the $200 Bilt Money welcome supply, this card can seemingly greater than pay for itself in its first 12 months for cardmembers trying to earn factors on their hire or mortgages, as Bilt Money can be utilized to cowl the transaction payment for these funds.

Bilt Palladium Card

• $495 annual payment.
• Welcome bonus: Earn 50,000 Bilt factors plus Gold elite standing after spending $4,000 on purchases within the first three months; plus, earn $300 in Bilt Money after software approval.
• TPG unique: Earn 5 Bilt Rewards factors per greenback spent on all purchases for the primary 5 days of card membership (as much as 50,000 factors). To be eligible for this limited-time supply, it’s essential to apply by TPG’s unique hyperlink. Word: Supply particulars might not seem throughout the software course of, however shall be mirrored in your Bilt account after card activation on February 7.
• On a regular basis incomes construction: Earn an infinite 2 factors per greenback spent on on a regular basis spending.
• Housing incomes construction: Earn as much as 1 level per greenback spent on mortgage and hire funds.
• Obtain 4% Bilt Money on on a regular basis spending purchases; you should use Bilt Money to unlock fee-free factors incomes (as much as 1 level per greenback) in your housing funds.
• Obtain a $400 annual Bilt Journey portal lodge credit score ($200 obtainable biannually).
• Obtain $200 in Bilt Money yearly.
• Take pleasure in a Precedence Move membership.

Apply right here: Bilt Palladium Card (see charges and charges)

I would argue that is the most effective of the three new playing cards for these critical about incomes Bilt factors, although paying a $495 annual payment is probably not proper for everybody.

In the event you do not need to mess with class bonuses — or just already produce other playing cards the place you need to direct your journey, eating and/or grocery spending — then incomes 2 factors per greenback spent on all purchases with this card is probably going the way in which to go.

Apparently, even when this card had nothing to do with incomes factors on housing funds, it could nonetheless be massive information, given the worth and flexibility of Bilt factors and the cardboard’s attractive incomes charge of two factors per greenback spent on all purchases (excluding hire and mortgages, that are as much as 1 level per greenback spent).

TPG values 2 Bilt Rewards factors at a 4.4% return on spending per our January 2026 valuations — and that is earlier than factoring within the 4% Bilt Money being earned concurrently.

Due to this fact, the welcome supply of fifty,000 Bilt factors is value $1,100, per our valuations. With TPG’s unique supply (should apply by TPG’s hyperlink) to earn as much as an extra 50,000 factors at 5 factors per greenback spent within the first 5 days (probably incomes 100,000 Bilt factors), you’ve the power to obtain as much as $2,200 in worth.

That is earlier than factoring in incomes $300 in Bilt Money and Gold elite standing.

Bilt Money: The pathway to fee-free hire and mortgage funds

All three new Bilt playing cards will award 4% Bilt Money on nonhousing purchases. So, for instance, in the event you spend $1,000 in your Bilt card monthly (excluding hire or mortgage funds), you’d earn $40 that month in Bilt Money on the 4% charge. You need to use that Bilt Money for quite a lot of issues within the Bilt ecosystem, together with for Bilt standing upgrades and Bilt journey bookings.

However maybe importantly for this instance, it’s also possible to use your Bilt Money to earn factors on hire and mortgage funds made utilizing your Bilt card with out transaction charges. The extra you spend on the cardboard, the extra Bilt Money you earn — and the extra you amplify your fee-free incomes potential on housing funds.

For each $30 in Bilt Money, you may earn 1 level per greenback on $1,000 in hire or mortgage funds with out paying a transaction payment.

This may be sophisticated at first, so let us take a look at two instance situations.

$750 in on a regular basis purchases, $2,000 in hire monthly

Let’s begin with a state of affairs the place you spend $750 monthly on on a regular basis purchases together with your new Bilt card. This spending earns you $30 in Bilt Money every month.

On the finish of the month, you’ve a $2,000 hire cost due. This complete cost might be made by Bilt with out charges in the event you like. Nevertheless, your $30 in Bilt Money means that you can earn factors on $1,000 of that cost — the opposite $1,000 earns you no factors in that state of affairs if you wish to keep away from transaction charges.

In different phrases, you’d earn 0.5 factors per greenback spent in your $2,000 in hire in the event you had half the Bilt Money wanted to earn fee-free factors on the total quantity.

Professional tip: To determine the quantity of Bilt Money you’d want obtainable to earn 1 level per greenback spent on the total quantity with out charges, multiply your housing cost by 3%.

$1,500 in on a regular basis purchases, $2,000 in hire monthly

Now, to illustrate you make double the quantity of on a regular basis purchases on a Bilt card than within the first instance ($1,500). At a 4% Bilt Money incomes charge, you are incomes $60 in Bilt Money every month.

On this state of affairs, the $60 in Bilt Money means that you can earn factors with out charges in your whole hire cost of $2,000.

Consider this quantity because the “break-even” level on these playing cards. Extra particularly, in the event you spend not less than 75% of the quantity of your housing cost on on a regular basis purchases on a Bilt card in a given month, you may have sufficient Bilt Money to earn factors on the total quantity of your hire or mortgage with out paying a payment.

There shall be an computerized setting for this

Not a math particular person? To not fear — Bilt will do it for you. You’ll be able to choose the setting to robotically apply your obtainable Bilt Money to earn as many factors as attainable in your hire or mortgage cost (once more, at a charge of $30 in Bilt Money for $1,000 in housing spend).

When you’ve got sufficient Bilt Money obtainable, you may earn 1 level per greenback spent on the complete cost with no payment. When you’ve got much less, you may solely earn factors on a part of it if you wish to keep away from transaction charges (which in any other case could be 3% if you wish to earn factors on the hire or mortgage cost with out Bilt Money obtainable).

Word: In the event you apply for one of many playing cards as we speak, issue within the time it can take to obtain it within the mail. In line with the corporate, it can activate all Bilt 2.0 playing cards Feb. 7.

Are the brand new Bilt playing cards value it?

As a mortgage holder who by no means benefited from the Bilt 1.0 hire system, I’m personally fairly thrilled on the prospect of simply incomes Bilt Rewards factors.

With regards to whether or not the brand new Bilt playing cards are value it, let us take a look at a number of extra numbers relatively than providing a easy sure or no reply. This is the mathematics on how I can now earn 90,000 Bilt Rewards factors per 12 months with the brand new Bilt Palladium Card.

• Spend $2,250 in on a regular basis purchases every month, incomes me 4,500 Bilt factors plus $90 in Bilt Money.
• Pay my month-to-month $3,000 mortgage on my Bilt Palladium Card.
• Earn 3,000 factors on that transaction by utilizing my $90 in Bilt Money.

This interprets to a grand complete of 90,000 Bilt Rewards factors per 12 months with no transaction and cost charges.

Even when that is all I placed on the Bilt Palladium Card — and it most likely will not be — incomes 90,000 Bilt Rewards factors per 12 months from a mean of simply $2,250 in on a regular basis purchases on the cardboard every month, plus the month-to-month mortgage cost, is fairly implausible.

And that is earlier than I issue within the skill to earn 50,000 bonus Bilt Rewards factors with the welcome bonus after spending not less than $4,000 on nonhousing purchases throughout the first three months of card membership. I will additionally get to check out Gold standing after assembly the welcome supply spending necessities, which can seemingly get me entry to much more profitable month-to-month Lease Day bonuses, airline and lodge accomplice transfers and extra. (Word: Gold standing is legitimate by the remainder of the calendar 12 months wherein it was earned and the next calendar 12 months.)

My recommendation for deciding if the brand new Bilt playing cards are value it for you: Take a second to mourn the previous if you want to, then crunch the numbers for your self. Numbers ought to drive your rewards card selections, not feelings.

For me, the numbers are clearly in my favor, and the brand new Bilt playing cards — particularly the brand new Bilt Palladium Card — are undoubtedly value a slot in my pockets.

Plus, since Bilt Rewards is known as a complete ecosystem, this can be just the start. For now, although, I can simply earn 1000’s of {dollars} in rewards over the subsequent 12 months and eventually maximize my largest month-to-month expense.

Backside line

There’s rather a lot to wrap your head round with the launch of three all-new Bilt playing cards, together with the evolution of Bilt Money and their new welcome provides.

We aren’t going to try to cram each element and state of affairs into this one article.

As an alternative, you may maintain this text bookmarked for the knowledge you are after that will help you resolve if Bilt 2.0 is sensible for you and which card could also be the most effective match in your pockets. We are going to proceed so as to add hyperlinks to newly created content material because it publishes that will help you navigate this Bilt 2.0 world.

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Apply right here: Bilt Palladium Card

Apply right here: Bilt Obsidian Card

Apply right here: Bilt Blue Card

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