Bilt Rewards Credit Card Full Review – Earn Valuable Rewards With Rent Payments To Any Landlord & More

We’ve posted a smattering of information on the Bilt Rewards Mastercard (1, 2, 3, 4, 5, 6) as the card evolved over the past year. I thought it useful to consolidate everything into a single formal review which we’ll try to keep updated. Please let us know in the comments if there’s anything missing in this review and I’ll add it in.


Direct application link for Bilt card

Bilt is a platform for paying rent. They’ve launched a credit card, in partnership with Wells Fargo, which offers the ability to charge your monthly rent to the card and earn rewards, even if your landlord does not accept credit card payments. You can earn up to 100,000 points per year and set up the payment to be sent out either via check or ACH (they give you a routing/account number to draw the rent from).

The card comes with many top-notch travel partners where you can transfer points and has no annual fee or foreign transaction fees. The Bilt credit card earns 3x on Dining, 2x on Travel, and 1x on all other purchases, including Rent payments.


Card earns the following reward earnings:

  • 3x points per dollar on Dining
  • 2x points per dollar on Travel (see this comment)
  • 1x points per dollar on all other purchases
  • 1x points per dollar on rent payments, up to 50,000 now 100,000 points per year
  • Note: You must make a minimum of five purchases per statement period to earn rewards (a rent payment counts as one)

They also offer a special ‘Bilt Rent Day’ rate for the first 24-hours of each calendar month to earn double rewards:

  • Dining: 6x points (regularly 3x points)
  • Travel: 4x points (regularly 2x points)
  • All other purchases (excluding rent): 2x points (regularly 1x points)

Redeeming Rewards

  1. Points are worth 1.5 cents each when applying them toward a down payment on a home (you might need to have ‘Gold’ status in order to use this option (?) which is someone who accrues at least 50,000 points in a calendar year)
  2. Points can be redeemed at a rate of 1.25 cents per points on the Bilt Rewards Travel Portal powered by Expedia. Points can be redeemed at 500+ airlines, 700K+ properties, 120+ car rental companies.
  3. Points can be cashed out by applying them toward a future rent payment at a rate of 0.55¢.
  4. Bilt is also a partner in the Amazon Shop With Points program which gives a redemption rate of .7¢ per point ($.007). A little better than the cash redemption rate.

Points can also be transferred to travel partners at 1:1 ratio to the following travel partners:

  1. American Airlines AAdvantage
  2. World of Hyatt
  3. Air Canada Aeroplan
  4. Emirates Skywards
  5. Air France/KLM Flying Blue
  6. Turkish Miles & Smiles
  7. Virgin Atlantic Flying Club
  8. Hawaiian Miles
  9. Cathay Pacific Asia Miles
  10. IHG Hotels and Resorts
  11. United Miles

Points never expire. Points can be transferred in 2,000 point increments (or in lower 1,000 point increments for ‘Silver’ members who accrue at least 25,000 points in a calendar year).

Signup Bonus

There is no official signup bonus on the card. Anecdotally, for many nows now (written 4/20/23), Bilt has been sending out a nice bonus for the first five days after signup which goes as follows (find the terms here), hopefully you’ll get this offer too:

  •  For 5 days from the date this email was sent, you will earn a total of 5 rewards points, (1 base point plus 4 bonus points), per $1 spent on net purchases (excluding rent). Max 50,000 total points can be earned with this offer.

Card Details

Referral Program

Bilt offers a referral program: get 2,500 bonus Bilt points for each friend you refer to the Bilt Rewards Mastercard. For each five referrals, the referrer gets an additional bonus 10,000 points. I’m not aware of any limit to the 2,500 or 10,000 referral bonuses. Max 2,025,000 points can be earned from the Bilt referral program. (Terms)

No referral links in the comments below, please.

Our Verdict

The Bilt card is an easy opportunity for someone who rents to earn up to 100,000 valuable, transferable points per year by paying with the Bilt card at no cost for you or the landlord, even if your landlord does not accept credit card payment. Some people might be nervous trusting the system to have the rent in on time; I suppose you can set up the payment to go a week early and ensure it gets there on time.

Beyond the rent payment angle, there are some nice rewards and benefits which are unique to a no-fee card: 3x dining & 2x travel earnings are nice, primary car rental insurance is useful, along with other travel protections and no foreign transaction fee.

For those who don’t travel, the redemption options are more limited. The 1.5 cents value toward a future down payment is nice for someone who plans on buying a house in the near future, but otherwise you’re stuck with .55 cents value toward a rent payment or .7 cents value on Amazon.

In the end, I see this card as useful for someone who has a decently high monthly rent payment, who can make use of the valuable transfer partners, and who is willing to sacrifice a 5/24 spot for the card. The card can also make sense for someone starting out who doesn’t have many other chargeable expenses and wants to build a credit history with their rent payments. Or, more generally, it can be a practical no-fee starter card.

With the addition of the double Rent Day promo, the card gets more interesting for anyone who can manage to spend a lot in a single day, e.g. use the first day of each month to pay out the bills for the entire month.

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Mike C
Mike C

Doesn’t look like Wells Fargo treats this as an eligible card for their cash back offers. Anyone have different results in getting the cash back when adding cash back offers from the Wells Fargo app?

Matt J
Matt J

This card seems like a no brainer against the CSP (once you have gotten the sub) if you transfer to airline partners. What am I missing?


How easy is it to increase the credit limit with Bilt? How soon after account opening can you request it and is it a hard pull? They gave me a low-ish credit limit and as a result, my utilization is high when rent is charged which drops my credit score every month. I can use Bilt Protect and pay directly from my bank account, but given the higher interest rates, I feel having the money gain interest in my account for an extra 25 days every month is worth it.

Credit Card Offers

Is it easy to get approved for the bilt card do they ever ask for verification docs


Can you pay condo fees and water bill etc when you are not renting? 🙂 being in downtown condo fees are considerable when compared to mortgage.


wondering the same, we’re managed by a company that also manages apartments, so I would think it would work, but I’d love to see some data confirming.


Great question. My gas and electric utilities are currently set up as ACH draws. If Bilt provides routing & account numbers, then there should be no reason why my utilities payments can’t go through Bilt, right?


Underrated perk of this card is their transfer partners search via the mobile app. This essentially give you free access to which is a $200 value and allow you to easily search transfer partner reward flight costs from one interface. I use this to search for flights that my other credit card points can transfer to as well.


Don’t need the card to utilize it


This is good for younger kids, much larger addressable market for mortgage payments.


I’m a points and miles junkie for sure. I never found a way to get anything back when I paid my rent in the past. Since getting the card in January of this year, I have accrued over 30K points. NYC rent is crazy high and increasing every year. Looks like a pretty damn good sub to me! It just keeps giving every month! Love it!


anyone know the specifics to getting approved by WF? was denied for too many inquiries supposedly – 5 in the past year. does having a WF checking account help any??


i have been denied by wf the last 2 years as well. i was even denied another wf card right before i applied for the bilt card and was instantly approved. made no sense, the only thing i can think of is that wf is denying me any card with a signup bonus. bilt has none published bit they do given you 5x points the first 5 days your card is received up to 50,000 pts. they sent me the message as soon as my card showed delivered in the tracking, even before i activated it.


This article says the offer is for 5 days after the sign-up date, but you got the message after the card was delivered? I wonder which is more common or if it has changed.

Nate nate
Nate nate

Has the rent points limit been raised to 100,000 per calendar year for everyone? It was 50k, but my app now shows 100k.

William Charles