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

+191 Deal Score
971,892 Views
Update: This popular deal is still available.

Bilt Rewards is offering the first-ever loyalty program for renters that lets you earn points on rent with no transaction fees with the Bilt Mastercard®. There is no annual fee.

Thanks to staff member EfficientGame645 for sharing this deal.

Card Details:
  • $0 Annual Fee
  • Earn 1x points on rent payments without the transaction fee, up to 100,000 points each calendar year
  • Earns 3x points on dining, 2x on travel, and 1x on other purchases
  • Earn double points on the first of each month (excluding rent, up to 1,000 bonus points)
  • Use the card 5 times each statement period to earn points
  • Earn up to 5x Bilt points on Lyft rides when you link your Bilt account and pay with your Bilt card
  • Point redemptions include airlines, hotels, future rent payments, credit card statement credits, toward a down payment on a home, etc.
  • Other features and benefits include: Auto Rental Collision Damage Waiver, Purchase Security, Trip Cancellation and Interruption Protection, Cellular Telephone Protection, and Trip Delay Reimbursement
  • Select [CTA] to learn more about the product features, terms, and conditions


See Rates and Fees
Rewards and Benefits

Slickdeals may be compensated by Bilt Rewards

Original Post

Written by
Edited October 7, 2024 at 09:35 AM by
Bilt Rewards is offering the first-ever loyalty program for renters that lets you earn points on rent with no transaction fees with the Bilt Mastercard®. There is no annual fee.

Card Details:
  • $0 Annual Fee
  • Earn 1x points on rent payments without the transaction fee, up to 100,000 points each calendar year
  • Earns 3x points on dining, 2x on travel, and 1x on other purchases
  • Earn double points on the first of each month (excluding rent, up to 1,000 bonus points)
  • Use the card 5 times each statement period to earn points
  • Earn up to 5x Bilt points on Lyft rides when you link your Bilt account and pay with your Bilt card
  • Point redemptions include airlines, hotels, future rent payments, credit card statement credits, toward a down payment on a home, etc.
  • Other features and benefits include: Auto Rental Collision Damage Waiver, Purchase Security, Trip Cancellation and Interruption Protection, Cellular Telephone Protection, and Trip Delay Reimbursement
  • Select [CTA] to learn more about the product features, terms, and conditions



See Rates and Fees
Rewards and Benefits

Slickdeals may be compensated by Bilt Rewards
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Created 10-27-2022 at 02:52 PM by EfficientGame645
in Credit Cards (2) Bilt - Bank Advertiser
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These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

976 Comments

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Featured Comments

Please be careful about when it says Rent Payments. Only specific rental companies are covered in it.Triple Check with your rental company if they accept it.
https://biltrewards.zendesk.com/h...y=mortgage this is from their faqs. No points for mortgage payments
Used it and they sent my rent payment in late. Poor customer service

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Joined Mar 2018
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> bubble2 8 Posts
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MonkeyHou
12-30-2022 at 03:07 AM.
12-30-2022 at 03:07 AM.
Quote from kensteele :
i use this. building up a bunch of points that can be used on amazon so it's better than nothing. you have to make 5 small charges a month to keep it going....

I use Amazon gift card weekly refuel, plus 1 rent payment, 5 transactions in total
Reply
Joined Apr 2004
L3: Novice
> bubble2 202 Posts
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miserTen
12-30-2022 at 09:35 AM.
12-30-2022 at 09:35 AM.
Quote from MrGreenPL :
Yes you do get points for mortgage payments. This is an old FAQ and also they do not advertise this. Who knows, they might change their stance in the future, but for now it works.
What if mortgage is with wells fargo. This is interesting transaction.
2
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Joined Apr 2006
L3: Novice
> bubble2 109 Posts
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Jonnyboy88
12-30-2022 at 10:12 AM.
12-30-2022 at 10:12 AM.
Can you get points paying condo association fees? My payment processor is ClickPay.
Reply
Joined Dec 2006
L♾️ : God
> bubble2 450 Posts
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NoLightOn
12-30-2022 at 10:49 AM.
12-30-2022 at 10:49 AM.
Quote from Knightshade :
Which do not work with zillows system, as I mentioned.

I've never heard of a landlord not taking a check AND a situation where Plaid is the only option to verify a checking account.

Your situation seems like a one in a million. Bad business practices by the landlord.
3
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Joined Sep 2009
L10: Grand Master
> bubble2 15,318 Posts
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Knightshade
12-30-2022 at 02:40 PM.
12-30-2022 at 02:40 PM.
Quote from NoLightOn :
I've never heard of a landlord not taking a check AND a situation where Plaid is the only option to verify a checking account.

Your situation seems like a one in a million. Bad business practices by the landlord.

Zillow is a rent payment system for a lot more than 1-in-a-million rentals, so I think you might be underestimating the impact.... if you google around you'll find any number of threads on reddit and various financial boards of folks who ran into this same issue.


I've no idea what the stats on not taking a check are- but I sure wouldn't want to when there's easy electronic systems to manage collecting rent payments as a landlord, it's not 1973 anymore, and nothing in state law requires him to accept checks, and I can't see why it's bad business practice for him to use a system easier and simpler for him.

Lastly- plaid isn't the ONLY way to verify- they also offer than manual "two deposits then you report back to us" method... but of course since it's not a normal checking account that also does not work with Bilt (again this is discussed on the various threads of folks who've tried both methods).


I do at least give credit to Bilt for being willing to give customers the points anyway even on transactions they didn't end up involved in, so kudos there.
Reply
Joined Dec 2006
L♾️ : God
> bubble2 450 Posts
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NoLightOn
12-30-2022 at 07:21 PM.
12-30-2022 at 07:21 PM.
Quote from Knightshade :
Zillow is a rent payment system for a lot more than 1-in-a-million rentals, so I think you might be underestimating the impact.... if you google around you'll find any number of threads on reddit and various financial boards of folks who ran into this same issue.


I've no idea what the stats on not taking a check are- but I sure wouldn't want to when there's easy electronic systems to manage collecting rent payments as a landlord, it's not 1973 anymore, and nothing in state law requires him to accept checks, and I can't see why it's bad business practice for him to use a system easier and simpler for him.

Lastly- plaid isn't the ONLY way to verify- they also offer than manual "two deposits then you report back to us" method... but of course since it's not a normal checking account that also does not work with Bilt (again this is discussed on the various threads of folks who've tried both methods).


I do at least give credit to Bilt for being willing to give customers the points anyway even on transactions they didn't end up involved in, so kudos there.
This is not correct. They allow you to generate a routing/account number and will email you with trial deposit amounts for manual verification.
2
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Joined Sep 2009
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> bubble2 15,318 Posts
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Knightshade
12-30-2022 at 07:27 PM.
12-30-2022 at 07:27 PM.
Quote from NoLightOn :
This is not correct. They allow you to generate a routing/account number and will email you with trial deposit amounts for manual verification.

Except, again, it absolutely IS correct. Not sure why you keep denying a known issue Bilt themselves admits is an issue with no current working solutuon.


Hence why I quoted Bilt also telling you it does not work AND specifically cited the "two deposits and report back" method DOES NOT WORK.


You DO get an email about the amounts.

Then Zillow tells you they're the wrong amounts.

Again, LOTS of people have posted about this not working. Because it doesn't work. Bilt themselves tells you it won't work and eats the cost of giving you the points anyway because it does not work.


For example:

https://www.reddit.com/r/CreditCa...ow_record/


Quote :
did successfully save the card information online but get stuck on the penny test verification as the micro deposit amount doesn't match Zillow record at all, and I wasn't able to pay
Quote :
I emailed Zillow support when I tried enrolling. Evolve Bank and Trust, where your "checking account" is held, is not supported by Zillows payment processor.
Reply

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Joined Apr 2017
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> bubble2 950 Posts
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iSDeals
12-31-2022 at 10:43 AM.
12-31-2022 at 10:43 AM.
Anyone have exp with Zego or LevelCredit?

Apparently these can report rent payments to credit bureau without needing to open a cc. They basically assume your rent as a credit line and report.
Inputs appreciated
Reply
Joined Apr 2006
L3: Novice
> bubble2 109 Posts
108 Reputation
Jonnyboy88
12-31-2022 at 12:21 PM.
12-31-2022 at 12:21 PM.
Regarding HOA and mortgage payments:

Quote :
This is Claudio from Bilt Rewards support. Thanks for reaching out! When you are approved for the Bilt MasterCard and you rent outside of the Bilt Rewards Alliance, to pay for your HOA fee, you can pay directly through your property's online payment portal (ClickPay) without fees by using a Bilt Rent Account.

For this payment method, we'll generate a unique routing and account number for you to use in your resident portal. Whenever your unique routing and account numbers are used to pay the HOA fees, we'll charge your Bilt Mastercard for the same amount. That way, you earn points on rent without paying the processing fees normally associated with using a credit card on an online payment portal (ClickPay)!

It's also important to know the Bilt Rent Account is only for HOA fee payments (not mortgage payments or property taxes) in your online portal to earn points and avoid credit card fees. You should never deposit or transfer funds to your Bilt Rent Account.
Reply
Joined Dec 2015
L2: Beginner
> bubble2 64 Posts
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Griefo
01-01-2023 at 06:45 PM.
01-01-2023 at 06:45 PM.
Just got one. Thank you for giving us the head's up! Unfortunately, I already paid my rent for this month.
But it seems silly to not use this. That's a lot of points over time.
Reply
Joined Aug 2008
L5: Journeyman
> bubble2 1,360 Posts
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Krish009
01-01-2023 at 06:47 PM.
01-01-2023 at 06:47 PM.
What is the value of the points? Is it 0.6 cents per point?
Reply
Joined Nov 2019
VIP Member
> bubble2 14,544 Posts
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Lilyly
01-01-2023 at 07:00 PM.
01-01-2023 at 07:00 PM.
Quote from NoLightOn :
I've never heard of a landlord not taking a check AND a situation where Plaid is the only option to verify a checking account.

Your situation seems like a one in a million. Bad business practices by the landlord.
wait until you become a landlord. check isnt a sure payment. i can sign you a million in check now if thats what you want.
2
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Joined May 2004
L2: Beginner
> bubble2 34 Posts
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leeroy00
01-01-2023 at 08:25 PM.
01-01-2023 at 08:25 PM.
For those who pay themselves a rent check, I wonder if this will cause the IRS to pay more attention to you. I believe there's now a requirement to report transactions that exceed $600
Reply
Joined Sep 2009
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> bubble2 15,318 Posts
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Knightshade
01-01-2023 at 08:50 PM.
01-01-2023 at 08:50 PM.
Quote from Krish009 :
What is the value of the points? Is it 0.6 cents per point?

Quite a bit more than that since you can transfer them to airlines and hotels (though Hyatt is the only one worth doing that with).... including American which has very little in the way of point transfer opportunities otherwise but some excellent values for point usage. it should be pretty trivial to get 1.5-2 cents a point that way for some coach and hotel bookings... more in some cases. And if you book biz or first more like 4-6 cents a point.




Quote from leeroy00 :
For those who pay themselves a rent check, I wonder if this will cause the IRS to pay more attention to you. I believe there's now a requirement to report transactions that exceed $600

That requirement was pushed to next year...and only applies to income processed by third parties-- not writing yourself a check against an account that is also yours... (though I'd be kinda surprised if that worked and bilt themselves didn't flag the payee being the account owner)
Reply
Last edited by Knightshade January 1, 2023 at 08:54 PM.

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Joined Jul 2019
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EfficientSoda4863
01-02-2023 at 02:08 PM.
01-02-2023 at 02:08 PM.
Quote from erol :
Please be careful about when it says Rent Payments. Only specific rental companies are covered in it.Triple Check with your rental company if they accept it.

It can be accepted by any rental company, they generate a routing number and account number to use with your rental company
1
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