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Old Oct 7, 2023, 1:25 pm
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Last edit by: Dr Jabadski
Bilt Rewards Mastercard WikiPost

(10/7/23 Original author (Dr Jabadski) note: As I posted here on 9/9/23 Considering Ive been salivating about simple no-cost points-etizing (like monetizing) my condo payments for about 25 years, I see Bilt as a game changer. I should have added almost a Holy Grail (a thing that is eagerly pursued or sought after). I successfully applied for a Bilt Mastercard 1 month ago thus Im far from an expert. Both before and after approval I posted multiple questions many times on this thread and several other FTers were highly gracious and informative. Thought a WikiPost might save some others a good deal of time, effort and aggravation, at least in not repeating my questions and searching for the answers. I certainly hope the experts will edit and update this WikiPost as necessary. Im also exercising Writer's Prerogative to officially coin the term pointsetize, like monetize convert into or express in the form of currency, to earn points from payments which otherwise would not earn points.)

Bilt Rewards Mastercard (Bilt MC) was first launched in mid-2021, in good part as a no fee way to charge and pointsetize rent payments. (Perhaps the only no fee way to pointsetize rent payments.) There are multiple reports of earning Bilt points for paying condominium monthly maintenance/common charges, sometimes even when the word condo or condominium is in the transaction description.

Bilt MC is a personal credit card, WF reports credit card information to the various credit bureaus and Bilt MC will count toward Chase 5/24.

This post and this post (both from 9/7/23) describe shutdown reports perhaps related to micro transactions, fluctuating rent payment amounts or multiple rent payments. This 10/11/23 post includes several references to Reddit user quotes about shutdowns and several Reddit Bilt quotes in response.

Links to Bilt Rewards Terms of Use and Evolve Bank & Trust (Bilt Technologies) Customer Account Agreement. The Terms state Bilt may make available to you a Bilt Rent Account (Account), which is a transaction bank account that can be used by you solely to make rent payments. The Agreement states: For the avoidance of doubt, the Account is a transaction bank account that can be used by you solely to make rent payments. For the avoidance of doubt, this is not an account that you may use to deposit or withdraw funds for any other purposes outside of rent payments.

Bilt MC is a metal card weighing ~16 grams (comparisons: AmEx biz plat 18.5 gm, AmEx Gold 15 gm, Chase Sapphire Reserve 13 gm, traditional plastic card 5 gm).

Bilt Mastercard is issued and managed by Wells Fargo. Bilt Rewards is a separate website and app (which contains some credit card information but not as much as WF website).

Most reports are of instant approvals, Wells Fargo reconsideration phone number and experiences are not well documented. Reported initial Credit Limits vary $4,000 - $30,000 with higher limits more commonly reported. This post (9/1/23) describes one instance of a Something went wrong message upon application and the steps toward approval several days later.

In March/April 2025 Bilt initiated a new and different process for paying rent and HOA fees which requires preauthorization and/or "auto-pre-authorization" within 5 days of payment. Rent payments can be made in multiple different ways. Bilt will provide a (bank) routing number and account number. ACH rent payments can be sent (deposited) by Bilt or withdrawn by a managing company.

Bilt MC is shipped via trackable no-signature-required First Class mail in a small (4.5 x 6.5) white box with unique packaging inside as pictured at the bottom of this post. As of Feb 2024 no reports of expedited shipping.

Reports on this thread starting in late November 2023 indicate this "quasi-SUB" may be offered randomly and/or only to some people, selection criteria unknown. This post may be the only report of being offered the quasi-SUB prior to Bilt Mastercard application, based on existing Bilt Rewards account. Bilt's quasi-SUB" is offered via an email and a text message notification the same day as card receipt informing of 5x/5 days/max 50K (email quoted verbatim in this post). (Quasi* due to very short duration in contrast to many traditional SUBs of 3 month duration.) Please note this quasi-SUB maxs out at $12,500 (not $10,000) and tax payments will count. No reports yet of returns and their effect on quasi-SUB. (* quasi- a combining form meaning resembling, having some, but not all of the features of, used in the formation of compound words: quasi-definition; quasi-monopoly; quasi-official; quasi-scientific.)

Newly earned Bilt points will display as pending until 5 transactions per statement cycle. After 5 transactions, points will post and become available shortly after a transaction, before statement date. The Bilt Rewards website has a transaction counter which disappears upon reaching 5.

Bilt points for linking partner programs (100 points each) and for adding a credit card to Bilt Wallet (100 points each for first 3) post immediately. Original author received 500 point bonus for first rent payment.

Bilt Rewards points are transferable at 1:1 usually within a few minutes to multiple different airline and hotel programs.

Theres discussion of the long term viability of Bilt with some of those posts linked at the bottom of this post after BREAK.

Bilt Status Tiers: Blue - anyone enrolled in Bilt Rewards with under 25,000 points, Silver - 25,000 points earned, Gold - 50,000 points earned, Platinum - 100,000 points earned. Tier status earned at any point in a year remains active through the end of the following year. Earn Interest on Points (Silver, Gold, Platinum Tiers) is minimal, discussed on this post and this post.

Bilt Points Quest Trivia was discontinued as of July 2024. Bilt Points Quest Trivia on the first of each month offers up to 250 points for correctly answering, within 10 seconds, 6 (out of 15-20) questions. Must get first 5 questions (10, 20, 30, 40, 50 points) correct to see the 6th bonus 100 point question. Theres often a Reddit thread with the Q & A. (Point Quest - October 2023 Answers) The lower half of this post has comments from a highly experienced test taker regarding memory, recall and studying for Points Quest Trivia.

Bilt Rent Free may also have been discontinued in 2024 or 2025. Bilt also has various RentFree games, available a few days prior to and/or on the 1st of the month, different people get different games. Could be a Family Feud style question with enough time to Google answers or a Where's Wally? (Bilt Brick) type of game or something else. Successful completion enters to be one of 3 people for whom Bilt pays their monthly rent (up to $2500).

List of Bilts Rent Day promotions going back to October 2022 at the bottom of the page here: DEALSPOINTS.

June 2024: Bottom of this post describes one persons experience paying a significant assessment (and earning points) with Bilt MC, at this time (only 3 weeks later) no report of clawback or shutdown (based on using Bilt to pay rent more than once a month and/or for something other than rent/condo fees).

June 2024: Bottom of this post contains Bilt quotes regarding Bilt BiltProtect.

June 2024: Important post (and link) stating that WF is losing money every month on Bilt.
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Old Feb 13, 2024 | 4:57 pm
  #631  
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Originally Posted by mia
Not all issuers allow cardholders to "cycle" a credit limit in the way that you expected. Part of this is an anti-fraud safeguard. The first payment(s) from new customers may not immediately increase available credit, because they have not yet verified that the cardholder is authorized to use the bank account that made the payment.
Do we have previous reports of folks unable to cycle credit with the Bilt card in this fashion? I'm aware that some banks do this, but given the 5-day SUB I suppose I would have expected it to be well-documented if that were the WF policy on this card.

Last edited by LowValueCustomer; Feb 13, 2024 at 9:33 pm
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Old Feb 14, 2024 | 9:35 pm
  #632  
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Originally Posted by LowValueCustomer
Do we have previous reports of folks unable to cycle credit with the Bilt card in this fashion? I'm aware that some banks do this, but given the 5-day SUB I suppose I would have expected it to be well-documented if that were the WF policy on this card.
I haven't seen a report.

This would take a combo of someone who got the offer, got a low credit limit, has the ability to spend beyond their credit limit, and has the cash available for Wells Fargo to pull ASAP. That combo might not be too common.
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Old Feb 16, 2024 | 7:16 pm
  #633  
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I finally gave in and got a Bilt Rewards account and signed up for their credit card.
- Kids paying rent alone was 50k a yr
Nice package in the mail 2-3 days later. Activated it
Info - your Bilt account is not the same as the Wells Fargo account; Bilt uses your email; Wells Fargo uses a userid

My landlord is currently paid by ACH SENT from my bank account, i.e., my bank sends an ACH payment to his bank account
Bilt sends a check by mail or gives you the ACH info so the landlord can PULL the money from your "rent" account
Bilt gives you an ACH routing number and a "bank" account number you can use to give your landlord to pay rent

I have not found a way to pay someone by ACH from Bilt "bank" account
Anyone with more experience please let me know.

Mods, I hope this is correct forum - feel free to move

Second issue
When I logged in to the Bilt App, it found 20 of my credit card accounts
- must have read my credit report when I applied, as all my accounts were there-
and invited me to LINK THOSE accounts to get rewards for paying rent!

I thought Bilt worked only with Wells Fargo!
can I double dip??
Can I use my Capital One visa account to let Bilt pull cash for rent and get both Bilt Rewards and Capital One miles ???
Anyone with expertise / experience linking Bilt Rent to non WellsFargo, please post or pm me.
Thanks

Last edited by EmailKid; Feb 16, 2024 at 7:52 pm Reason: Back to back posts
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Old Feb 16, 2024 | 8:08 pm
  #634  
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Originally Posted by ffI
I finally gave in and got a Bilt Rewards account and signed up for their credit card.
- Kids paying rent alone was 50k a yr
Nice package in the mail 2-3 days later. Activated it
Info - your Bilt account is not the same as the Wells Fargo account; Bilt uses your email; Wells Fargo uses a userid

My landlord is currently paid by ACH SENT from my bank account, i.e., my bank sends an ACH payment to his bank account
Bilt sends a check by mail or gives you the ACH info so the landlord can PULL the money from your "rent" account
Bilt gives you an ACH routing number and a "bank" account number you can use to give your landlord to pay rent

I have not found a way to pay someone by ACH from Bilt "bank" account
Anyone with more experience please let me know.

Mods, I hope this is correct forum - feel free to move

Second issue
When I logged in to the Bilt App, it found 20 of my credit card accounts
- must have read my credit report when I applied, as all my accounts were there-
and invited me to LINK THOSE accounts to get rewards for paying rent!

I thought Bilt worked only with Wells Fargo!
can I double dip??
Can I use my Capital One visa account to let Bilt pull cash for rent and get both Bilt Rewards and Capital One miles ???
Anyone with expertise / experience linking Bilt Rent to non WellsFargo, please post or pm me.
Thanks
No, linking it will only lead to spend on your other cards counting towards Bilt "status" and if you eat at "Bilt Dining" venues and Pay with a linked card, you get those bonus points. You don't get to double dip.
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Old Feb 16, 2024 | 8:11 pm
  #635  
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Originally Posted by Smiley90
No, linking it will only lead to spend on your other cards counting towards Bilt "status" and if you eat at "Bilt Dining" venues and Pay with a linked card, you get those bonus points. You don't get to double dip.
so if I use my everyday card - Capital One Venture X and link it at Bilt
- will the spend on Cap 1 get me Bilt Status or do I have to go through the app ?

Originally Posted by LowValueCustomer
From the Wells Fargo Bilt dashboard.
Was it a rent payment ?
My landlord gave me his ACH routing number and account - can I pay that from Wells fargo Bilt dashboard?
From Bilt -
I cannot see an option other than to write a check to him and mail it (and if lost in mail - more issues)

Originally Posted by nexusCFX
But I've had issues with Plastiq sometimes, or more specifically with USPS. Feels like USPS has gone downhill in the past couple years, much higher incidence of not receiving personal mail (like health insurance reimbursement checks that I know were mailed), and I'd say 5-15% of Plastiq checks never arrive at my leasing office and then I had to have Plastiq void it and stress to the office to please not deposit any check that might arrive because it was voided.

It also looks like you need to make 5 purchases per period to be eligible for points earn. I am not sure if the rent payment is counted in that, and if so, if you can just make 5 partial rent payments. Online people have reported it as "five non-rent payments" so I'm going to assume I need to make five payments outside rent per statement period which is no big deal. The way the T&C is written would seem to allow just making five partial rent payments but I'll let someone else be the guinea pig for that.
Only ONE RENT payment per 30 day period will get points

Last edited by EmailKid; Feb 16, 2024 at 9:56 pm Reason: Back to back to back posts. Please use multiquote.
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Old Feb 16, 2024 | 8:44 pm
  #636  
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Originally Posted by ffI
so if I use my everyday card - Capital One Venture X and link it at Bilt
- will the spend on Cap 1 get me Bilt Status or do I have to go through the app ?
Only flight/hotel spend through the bilt portal, bilt dining spend and lyft spend on linked cards counts towards bilt status. If you download the app and look at the elite status section, it explains it pretty well.

FWIW I've never bothered linking any card.
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Old Feb 16, 2024 | 8:44 pm
  #637  
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Originally Posted by ffI
Only ONE RENT payment per 30 day period will get points
Not sure why you quoted my two year old post, but this is wrong. My building is in the Bilt Alliance and generally posts monthly rent to the ledger around the 29th and then water and other misc things come in on the 1st as that's when their third party vendor sends over the numbers. I often pay them separate and both transactions earn points, and both count toward the 5 transactions.

If you're not in the alliance and Bilt is sending a check, maybe there's different limits like one per 30 days as you say, I wouldn't know about that. It's not true in every scenario though. Also, regardless of what the case is, that wasn't really the question I was posing back then which is whether the rent payments counted toward the 5 transactions or not (it does).
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Old Feb 16, 2024 | 8:51 pm
  #638  
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I was quoting from the Bilt website that I was reading through at this time
Originally Posted by nexusCFX
Not sure why you quoted my two year old post, but this is wrong. My building is in the Bilt Alliance and generally posts monthly rent to the ledger around the 29th and then water and other misc things come in on the 1st as that's when their third party vendor sends over the numbers. I often pay them separate and both transactions earn points, and both count toward the 5 transactions.

If you're not in the alliance and Bilt is sending a check, maybe there's different limits like one per 30 days as you say, I wouldn't know about that. It's not true in every scenario though. Also, regardless of what the case is, that wasn't really the question I was posing back then which is whether the rent payments counted toward the 5 transactions or not (it does).
Good to know; my own rent comes in 2 parts - rent and utilities and I hope that both go through, as I am not sure what comes first
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Old Feb 21, 2024 | 6:45 pm
  #639  
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Originally Posted by ffI
I finally gave in and got a Bilt Rewards account and signed up for their credit card. - Kids paying rent alone was 50k a yr …
I have not found a way to pay someone by ACH from Bilt "bank" account …
Bilt’s T&C are very specific regading use of the “bank” account:
(from the Wiki) Links to Bilt Rewards Terms of Use and Evolve Bank & Trust (Bilt Technologies) Customer Account Agreement. The Terms state “Bilt may make available to you a Bilt Rent Account (“Account”), which is a transaction bank account that can be used by you solely to make rent payments.” The Agreement states: “For the avoidance of doubt, the Account is a transaction bank account that can be used by you solely to make rent payments. For the avoidance of doubt, this is not an account that you may use to deposit or withdraw funds for any other purposes outside of rent payments.”
“50k a year” in rent might refer to more than one rent payment per month. The middle of this post goes to that subject.
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Old Feb 26, 2024 | 2:22 pm
  #640  
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Any data points on how long the Bilt card takes to ship? Is there any way to ask for expedited shipping? (So that it arrives before March 1st). And is the 5x points on purchases in the first 5 days a standard offer to all new card holders? Thanks in advance, all!
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Old Feb 26, 2024 | 2:28 pm
  #641  
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Originally Posted by rbrad
....is the 5x points on purchases in the first 5 days a standard offer to all new card holders?!
It is apparently the only new account bonus, but it is not offered to all new cardholders. One way to know in advance if you will receive the bonus offer is to enroll in Bilt Rewards without their credit card. Earn some points, and wait for a credit card offer to appear in the smartphone app.
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Old Feb 26, 2024 | 2:42 pm
  #642  
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Originally Posted by rbrad
Any data points on how long the Bilt card takes to ship? Is there any way to ask for expedited shipping? (So that it arrives before March 1st). And is the 5x points on purchases in the first 5 days a standard offer to all new card holders? Thanks in advance, all!
The Wiki, which was just edited, might be of interest to you.
Bilt MC is shipped via trackable no-signature-required First Class mail in a small (4.5” x 6.5”) white box with unique packaging inside as pictured at the bottom of this post. As of Feb 2024 no reports of expedited shipping.

Reports on this thread starting in late November 2023 indicate this "quasi-SUB" may be offered randomly and/or only to some people, selection criteria unknown. This post may be the only report of being offered the quasi-SUB prior to Bilt Mastercard application, based on existing Bilt Rewards account. Bilt's “quasi-SUB" is offered via an email and a text message notification the same day as card receipt informing of 5x/5 days/max 50K (email quoted verbatim in this post). (Quasi* due to very short duration in contrast to many traditional SUBs of 3 month duration.) Please note this quasi-SUB maxs out at $12,500 (not $10,000) and tax payments will count. No reports yet of returns and their effect on quasi-SUB. (* “quasi-“ a combining form meaning “resembling,” “having some, but not all of the features of,” used in the formation of compound words: quasi-definition; quasi-monopoly; quasi-official; quasi-scientific.)…
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Old Feb 27, 2024 | 5:37 pm
  #643  
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They're currently doing a "playoff bracket" for what the March 1st rent day bonus should be, and it looks like it's down to 1000 points for linking a cc (!! free points!) or 5X points on Groceries (on rent day).

Hope the CC points win because it's EASY free points
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Old Feb 27, 2024 | 6:36 pm
  #644  
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March 2024 Rent Day Challenge (Family Feud, Win Free Rent) (scroll down, multiple different possible questions)
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Old Feb 29, 2024 | 1:06 am
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I am having the same issue as described in this thread: https://www.reddit.com/r/biltrewards...aying_it_isnt/ Anybody had the same issue?

I have confirmed it three times, and also received the email for 3 times, however the app seems to have some glitch and keep asking me to confirm, so I could not even view my renter award account number.

I have online chatted, but the agent did not help anything! Any suggestions?

Another problem is I heard new client should have 5X points promotion for the first 5 days, and people should receive notification when the card shipped. However I haven't received any txt message and email about it. The agent told me it's not for all clients, they were randomly targeted.. That's such a bummer.
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