I wonder what the total charges (for all cardholders combined) by day of month curve looks like for Bilt, ignoring rent.

I'm curious too. It might be more evenly distributed for things like dining since 3x is a great earn rate on a no annual fee card.

Made it a date night a couple months ago at one of the Bilt rewards participants (that happened to be one of my regular spots)...11x was pretty sweet!

My first Bilt rent (condominium monthly common charge) payment and POINTS just processed. Thank you :tu::tu::tu: to all those who so graciously assisted (with replies to my questions above) my quest to (easily and no cost) pointsetize (like monetize) my monthly condo payments which has been a dream for 25 years since I bought a condominium after becoming (almost) obsessed with points and miles.

The Bilt website answered a remaining question as to how Bilt indicates the 5 required transactions each month (to earn points). With a statement date of 10/1/23, today on the Bilt website I see “STOP SHOP 0123 10/03/23 8 pts Earn after 5 transactions.” Of course I missed (until just now) the Bilt page “How can I tell how many transactions I've made in a statement period? A transaction counter will appear in the Wallet > Bilt Card tab of the Bilt Rewards app and our website if you have not met the 5 transaction requirements within your current statement period. Once you've made 5 or more transactions, the counter will disappear. The transaction counter will re-appear when a new statement period begins.”

FWIW, my condo payment appears on the Wells Fargo website as “BPS*BILT REWARDS B NEW YORK NY #12345678L6Y0WGNB3” and on the Bilt Rewards website as “BPS*BILT REWARDS B 10/03/23 2,000 pts $1,500.00” and “ Activity details +2,000 points BPS*BILT REWARDS B 1x Points on Rent +1,500 points First Rent Bonus Points +500 points Transaction amount $1,500.00 Transaction date Oct 4, 2023.” The word “rent” only appears in regards to the Bilt points, not regarding the description of the transaction on the CC activity. I’ve come to believe that condo payments (in many cases) generate Bilt points based on Bilt’s (? Mistaken) understanding of those payments as rent. Is it possible (or probable) that Bilt knows it’s a condo payment but chooses to treat it as a rent payment? (The “First Rent Bonus +500 points” was a pleasant surprise for me :tu:, those points are NOT "pending" 5 transactions.)

I also see today for the first time additional ways to earn Bilt points:

“Earn up to 300 Bilt Points with your Bilt Wallet. Add any card to your Bilt Wallet, and we’ll give you 100 points (up to 3 times). Link your credit and debit cards to automatically earn bonus Bilt points on eligible spend.” What’s the rationale and implications of adding a CC to Bilt Wallet? Any potential problems with charges being billed to the wrong credit card (add AmEx MR card to Bilt wallet, swipe that MR card, earn Bilt points but no MR points)?

“Earn up to 5X on Lyft rideshare. Going somewhere? Make it rewarding by riding with Lyft and earn up to 5X Bilt Points. Terms apply”. Chase has a time limited (IIRC March 2024 extended to March 2025) promotion for 5X on Lyft on some UR cards. As of today, is Bilt 5X on Lyft though to be time limited? If one has a Chase 5X card as default Lyft payment and adds that card to Bilt wallet, would earnings then be 10X (“double dipped” 5X Chase UR + 5x Bilt)?

“Earn bonus points with Bilt Dining. Use any eligible card from your Bilt Wallet, and earn bonus points at Bilt Dining restaurants.” I haven’t followed dining programs carefully since before COVID (when I used to dine out more often). Last time I reviewed, the dining programs for UA, AA and DL were all administered by the same company (Rewards Network) and I could only register a credit card to one of the programs, upon registering that same credit card in a different program the CC would automatically be removed from the first program. Is Bilt Dining administered by the same company? Can points for dining be “double dipped” (similar to possible Lyft double dipping above)?

Thanks very much once again.

For Lyft, it's 2x if you use a different credit card. I use my Chase Sapphire Reserve for its bonus with Lyft, and get the 2x from Bilt also. Note that if you had another partner in there (I think Delta is one) it gets removed when you add Bilt.

That's exactly what I do, too. :) 5x Chase + 2x BILT per USD!

Thank you. It would seem that I shouldn’t make any changes if I’m happy with Lyft rides earning 5X UR (for using an applicable Chase card) plus 2-3X Hilton (as my Lyft registered active loyalty rewards partner and depending on airport or non-airport ride)?

What is the typical CL being given with these cards? I'd like to make one (or two) estimated tax payments if I get the 5x sign-up bonus and can probably cover the entire $12,500 that way.

I only got like 4k. It's a free card, I suppose.
Most of my other cards are ~15k limits, so I'd consider the Bilt more stingy.

Very wide range - I've heard of $3K and I have a friend who got $50K.

I personally value 2x Bilt much more than even 3x Hilton, but to each his own!

Thanks! Guess I'll find out when I apply later this month.

Mine is $20,000. I don't have any other Wells Fargo issued cards and only have a minimal amount in a Wells Fargo checking account. I'm not a churner, but this is far from my only card.

I agree with the position that I won't complain for a no annual fee card, especially with this earn rate.

A month ago I got $30K (first ever WF CC, ~200 other CC accounts past 20 years, credit scores ~820-830) and during the month prior to that the only mention (here or elsewhere can’t recall) I saw of an initial CL was also $30K. ​​​​​I kinda thought that was standard.

I did meet the quasi-SUB with tax payments and then sent WF a payment 2-3 days before statement date, didn’t want them reporting 42% credit utilization. Not sure if a Bilt CL is lower than $12.5K one could send a payment immediately upon receipt of the card to allow for higher charges within the first 5 days.

Thank you, me too. I don’t use Lyft that often so it’s not a lot of points and I switched my hotel loyalty to Hyatt a few years ago so my Hilton Lyft points in good part are to keep my (healthy) Hilton balance alive. I may very well change it in the near future.

And of course, if it isn’t broke, don’t fix it. My Hilton Lyft points invariably post within minutes of completing a Lyft ride, in contrast to my Delta Lyft miles (when that was a thing) which never posted despite linking the accounts several times and a fair amount of time troubleshooting with both Delta and Lyft.

And I remain skeptical of Bilt’s long term (overly generous) survival.

BREAK

It was discussed above in several different posts (5 links #312, 314, 342, 343, 344), I’m still concerned that Bilt may go “belly up”* or have a severe devaluation in the not too distant future, I plan to maintain a minimal balance in my Bilt rewards account.

(* “Belly up" is an idiomatic expression in American English used to describe a business, organization, or institution that has ceased to exist or gone bankrupt. Of course in the all-male sea-duty Navy of 35 years ago we used a different first word instead of “belly” :eek:.)

Wondering what's considered appropriate (to BILT and to the cardholder) usage of this card for those who only have the card to points-etize rent or condo payments?

I've only had the card for 1 month, first statement included significant number and amounts of charges due to meeting the quasi-SUB, my plan going forward has been 4-5 charges per month, probably gasoline or grocery store, for $4 - $10. Thinking about more frequent higher charges to avoid charges* (no pun intended) of "micro transactions". Thank you.

(* "charges": 1. demand (an amount) as a price from someone for a service rendered or goods supplied "he charged me 2 euros for the postcard". 2. accuse (someone) of something, especially an offense under law "they were charged with assault".)