Everything You Need to Know About the Bilt Mastercard

The Bilt Mastercard is a unique credit card designed primarily for renters, offering an innovative way to earn rewards on rent payments without any transaction fees. Issued by Wells Fargo in partnership with Bilt Rewards, this card has gained attention for its renter-focused benefits, travel rewards, and no annual fee. Whether you're looking to maximize everyday spending or simply earn points on your biggest monthly expense—your rent—the Bilt Mastercard is worth considering.

Key Features of the Bilt Mastercard

1. No Annual Fee

One of the most appealing aspects of the Bilt Mastercard is that it comes with no annual fee. This makes it an excellent option for those who want to earn rewards without paying a yearly cost just to hold the card.

2. Earn Points on Rent Payments

With the Bilt Mastercard, you can earn 1 point per $1 spent on rent payments, up to 100,000 points per year. What sets this apart is that Bilt allows you to pay your rent directly through the Bilt app—even if your landlord doesn't accept credit cards. Bilt mails a check or processes ACH payments on your behalf, ensuring the landlord receives payment and you earn points without incurring transaction fees.

3. Bonus Categories

In addition to rent, you’ll earn rewards on other spending categories:

• 3x points on dining
• 2x points on travel
• 1x points on other purchases

This rewards structure is competitive and particularly useful for people who frequently dine out or travel.

4. Point Redemption Options

Bilt Rewards points are flexible and can be redeemed in several valuable ways:

• Transfer to Travel Partners: Bilt partners with major airline and hotel programs such as American Airlines AAdvantage, World of Hyatt, and United MileagePlus. This makes it a great option for travelers.
• Rent Payments: You can use points to cover all or part of your rent.
• Home Down Payments: One of the standout redemption options is the ability to use points toward a down payment on a home—a feature not offered by any other credit card.
• Fitness Classes and Bilt Collection: Points can also be used for fitness classes like SoulCycle or for items in the curated Bilt Collection of art, home goods, and experiences.

5. Cell Phone Protection

When you pay your monthly phone bill with the Bilt Mastercard, you're eligible for up to $800 in cell phone protection against theft or damage (subject to a $25 deductible).

6. No Foreign Transaction Fees

This card has no foreign transaction fees, making it suitable for international travelers who want to avoid extra charges while spending abroad.

7. Monthly "Rent Day" Bonuses

On the first of every month, known as "Rent Day", cardholders receive special bonuses and promotions, such as double points on dining and the chance to win free rent. This makes the first of each month even more rewarding.

8. Credit Building Tools

Bilt reports to all three major credit bureaus (Experian, Equifax, and TransUnion), so responsible use of the card can help build or improve your credit score over time.

Who Is the Bilt Mastercard Best For?

The Bilt Mastercard is ideal for:

• Renters who want to earn rewards without fees on their monthly rent payments.
• Travelers who want to transfer points to top airline and hotel loyalty programs.
• Young professionals looking to build credit and eventually buy a home, since the card allows you to use points for a down payment.
• Urban dwellers who spend frequently on dining, rideshare, and entertainment.

If you're a homeowner or someone who doesn’t pay rent, the card might not provide as much value—but the travel and dining rewards still make it competitive.

How to Apply for the Bilt Mastercard

Applying for the Bilt Mastercard is a straightforward process and can be done entirely online. Here’s how:

Step 1: Visit the Bilt Website

Go to the official Bilt Rewards website at www.biltrewards.com. You can find the Mastercard application under the “Card” section.

Step 2: Check Eligibility

To apply, you must:

• Be at least 18 years old
• Have a valid Social Security number
• Be a U.S. resident
• Have a good credit score (typically 670+ is recommended)

Step 3: Fill Out the Application

You’ll be asked to provide:

• Your full name
• Home address
• Date of birth
• Social Security number
• Employment and income information

Wells Fargo, the issuing bank, will run a credit check as part of the application process.

Step 4: Approval and Card Delivery

Once approved, you’ll receive your card by mail within 7–10 business days. You can then activate it and begin using it immediately for rent and other purchases.

Final Thoughts

The Bilt Mastercard stands out in the crowded field of credit cards due to its unique rent rewards feature and strong travel partnerships. It’s a game-changer for renters who are tired of losing out on rewards for their largest monthly expense. With no annual fee, competitive bonus categories, and exclusive perks like home down payment options, this card is not just for renters—it’s for anyone looking to turn everyday spending into valuable rewards.

Whether you're saving for a home, planning a trip, or just want to earn more from your daily purchases, the Bilt Mastercard deserves a place on your radar.