Is it known if Bilt 2.0 card will require a new application? If not, will Bilt 2.0 have the same credit limit?

Terrific, two more relatively new, unproven, financial/loyalty businesses that have not withstood “the test of time“.

I believe 3% of 50k is 1,500.

Thank you. The operative word being “ should/shouldn’t“, hope you’re correct.

Excellent question, and excellent considerations which I truncated from the quote above (for ease of reading). Certainly it’s another of those decisions in this game that’s different for each individual.

For me, it’s a no-brainer. I’m not a fan of Wells Fargo, they’re even more sleazy than most banks and financial businesses, and particularly since their severe problems of several years ago, never had any other Wells Fargo product. I’m also a believer that while I definitely should not keep all my eggs in one basket, I also don’t want to spread myself too thinly (by doing business with too many different companies).

What’s getting lost in all this discussion, is the simple fact that when introduced, Bilt was the (FF) holy grail of paying rent or HOA fee charges WITH a CC and WITHOUT any transaction fees.

I for example, have gotten to the point where I no longer (very rarely) pay transaction fees in order to accumulate more points and/or miles. As examples, I used to be quite happy paying fees for Vanilla reloads and all tax payments (property, state, IRS) and a few other things, but now I’m much more likely to do that by direct debit from a checking account (earning 0 points or miles). But I’m probably in a minority situation; a little over Medicare age, churning credit cards for 40 years, FF game a hobby for 25-30 years (now do it mainly for entertainment and intellectual stimulation, with intellectual stimulation being one of the few things thought to perhaps prevent age related dementia), enough $$ and points & miles to last well beyond my lifetime. As I implied above, different strokes for different folks.