Bilt Mastercard®: Earn Points on Rent Payments Without the Transaction Fee (up to 100k points in a calendar year). Terms apply.

how do you do the venmo or paypal method? i only knew about the portal and physical check?

There is a catch. You have to make at least 5 transactions that post to your account each statement period to earn points. I applied and was approved, just to find out this later. I thought it was just for the first statement, but no. If your plan was to get this card just to pay rent monthly, that will not get you any reward points by itself.

Seems like it. I can't find anywhere that they go into what "rent" or "rental property" are. It does say you can't pay more than one rental property per month though.

I wouldn't think a company would open themselves up to such abuse, there has to be a catch. I wonder if they report the transactions - e.g. if you send yourself $20k/yr in "rent", are you liable to report that as income?

Not true at all.
You get a routing number and an account number and can either mail a check to your rental company, or provide the rounting/account number like a check to your online bill pay system.

I got a bilt card in April, so feel free to ask me any questions, def worth it for all the free points, and I got a bunch of referrals, so got a bonus 50k points too.

I just won't carry a balance on it.

PMed u

You have a net zero event. $20k in rent payments and $20k in rental income

i don't get whats so hard about putting a couple of transactions on the card? it can even be five $1 dollar amazon reloads.

ultimately i think there is little risk to your account but i prefer not to make any waves. i dont believe they will terminate your account or charge you a fee but you need to use the card for something other than rent in order to keep it alive. this deal is such a no-brainer for me that i don't want to rock the boat by gaming the system. anybody can take 5 minutes and click the amazon reload button 5 times for a penny each and call it a day. then one day if bilt says "sorry we don't need you...." you can't blame anyone.

because the truth is, it's also too easy to put bilt in apple pay or paypal or ebay and every time you run across those small charges (which i have 20 a month), use it. spending $2 at mcdonalds you're not giving up much by not using your 3% visa. if you spend $1 a month at hulu and don't have a forgiving credit card, use bilt.

what i enjoy is my rent is auto-billed to this card, on the 1st and then the bilt mastercard is auto-pay on the 24th so the whole process is fire-and-forget. ach is history. every time i buy something from amazon and i see the listing of payments, i see bilt with $$$ in rewards next to it reminding me of free cash that is building up. just like any other rewards card, if i want to use $20 in bilt rewards and charge $1.15 to the bilt card....kill two birds with one stone. not going to risk it by standing at a walmart self-checkout abusing the process. to be fair, fail the 5 and you just don't get point for any of your transactions but i think you still get points for the rent payment.

There is a catch. You have to make at least 5 transactions that post to your account each statement period to earn points. I applied and was approved, just to find out this later. I thought it was just for the first statement, but no. If your plan was to get this card just to pay rent monthly, that will not get you any reward points by itself.

Can this be used to pay for mortgages?

what do you mean "5 small charges".. like something random at Target?
is paying thousand(s) in rent not enough to keep it active?

I think they do checks too

I have Bilt. I love it as I get points that I can transfer to partners when I pay rent.