[Update] Bilt Rewards Card Is Now Live In Partnership With Wells Fargo + Referral Program

See updated review here

Update 4/3/22: Additional update I hadn’t been aware of: the Bilt card now offers primary rental car insurance coverage. (ht Nick from FM) And also $800 of cell phone insurance. And no foreign transaction fees.

Original Post:

The Bilt Rewards card is now out of beta and live for anyone to apply.

Direct application link for Bilt card

The highlight of the card is the ability to earn rewards on rent payments, up to 50,000 points per year, even if you landlord only accepts check or ACH payment. The card has no annual fee and comes with many top-notch travel partners where you can transfer points. It earns 3x on Dining, 2x on Travel, and 1x on all other purchases, including Rent payments. You can read more about the card in our reviews here and here.

Two interesting updates to Bilt:

  • Bilt has now partnered with Wells Fargo to be the issuing bank of the card (a switch from the previous issuer Evolve Bank)
  • Bilt is also offering a referral program whereby a member can refer 5 friends and get 25,000 bonus points if the friend uses the card within 30 days. You can get a maximum of 1M bonus points from referring.

NO REFERRAL LINKS IN THE COMMENTS BELOW. For now I’m not planning on creating a referral thread since there’s no bonus on this card and since it requires 5 referrals to get anything.

Subscribe
Notify of
guest

61 Comments
newest
oldest most voted

Rick
Rick (@guest_1420561)
August 5, 2022 13:55

Has anyone tried to use the Car insurance benefit yet? Someone on reddit believes it may not actually be primary coverage: https://www.reddit.com/r/CreditCards/comments/uwply1/fyi_bilt_mastercard_auto_rental_cdw_might_not_be/

CF Panda
CF Panda (@guest_1359674)
April 6, 2022 14:49

This seems like good/bad news? Wells Fargo Online portal is decent enough I suppose, but does this make the BILT card subject to Wells Fargo rules like the 1/15 and 1/6 rules? Does the card now show up through Wells Fargo online account/managed there for payments, etc. Also, didn’t this card used to be a soft pull approval and hard pull after accepting an offer?

AP
AP (@guest_1358294)
April 4, 2022 13:48

Can you confirm that the Wells Fargo version has Primary car insurance coverage?

My Bilt (Evolve) Works Elite MC is only showing secondary insurance coverage.

Rick
Rick (@guest_1420562)
August 5, 2022 13:56
  AP

Apparently Wells Fargo advertises primary but the Bilt iOS app shows secondary

Maddy
Maddy (@guest_1358197)
April 4, 2022 09:43

Wells Fargo already signed up for me haha likie my joke

Dheeraj
Dheeraj (@guest_1358192)
April 4, 2022 09:33

I sent BILT an email asking whether it is possible for me to transfer my card account to Wells Fargo – “If you would like the Bilt Mastercard with our new partner, Wells Fargo, you would need to apply for the card with them. This would also require a new email and Bilt Rewards account as well.”

Morris
Morris (@guest_1358256)
April 4, 2022 11:49

Is there a good reason to want this…?

Larry
Larry (@guest_1358111)
April 3, 2022 21:50

Was approved and in the email there’s a bonus offer of 10k Points for 1k Spend – 90 days

Tyrone
Tyrone (@guest_1358086)
April 3, 2022 19:51

These rewards definitely dont seem sustainable…but smoke it while you got it.

Joe
Joe (@guest_1358076)
April 3, 2022 19:31

Bilt will shut you down for MS and is actively hunting down people for it. They will retroactively claw back points as well from 3+ months ago. Has happened to many so far.

Andy S
Andy S (@guest_1358122)
April 3, 2022 23:18

^This. Don’t ever MS on this card! They’ll shut you down and close your account.

Debanjan
Debanjan (@guest_1366859)
April 16, 2022 18:28

Hi,
Could you clarify the definition of ‘MS’ for this card? Are you referring to the ‘5 transactions per statement’ rule? For example, if I have 4 minor amazon balance reloads per cycle, is that grounds for them to flag my account?

Or is there a different spend requirement you are referring to.

I know we can’t be definite, just curious as to what you already know. As apart from rent, I have cards offering higher rewards on all other categories and would not want to spend on Bilt unless absolutely necessary.

Vy
Vy (@guest_1358068)
April 3, 2022 19:12

Might as well mention trip delay/cancellation and theft protection while you’re at it. And while people are busy making the same hackneyed Wells Fargo jokes, no one seems outraged enough to point out that the widely popular Brian Kelly is a Bilt investor. Selective outrage at its best.

TB
TB (@guest_1358022)
April 3, 2022 17:07

The cell phone coverage is old news from a year ago. It’s also only worth anything if you actually trash your phone.