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Bilt - Bank Advertiser Discounts, Deals and Coupon Codes

***Coming in 2025*** Bilt card - Rewards points on mortgage payments ***Coming in 2025***

799 1,731 December 3, 2024 at 02:47 PM in Finance (6) Bilt - Bank Advertiser
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+37
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Last Edited by rachaelm | Staff December 3, 2024 at 07:36 PM
+37 Deal Score
25,091 Views
This card has proven to be useful for Rent and HOA payments, and will soon support Mortgage payments.

Paraphrasing from the link:

1. Rewarding You on Rent (...and Mortgage) Payments

...
Looking ahead to 2025:

We'll announce the first phase of plans in the mortgage space, creating a whole new category of value for homeowners. Whether you're making monthly payments or refinancing, you'll soon be able to earn points on your mortgage payments.

We're also expanding partnerships to help you earn more rewards on rent, whether you use the Bilt card or other credit and debit cards you may already have.

By transforming housing payments into an opportunity to earn rewards, Bilt is creating value where it matters most.

https://newsroom.biltrewards.com/...mbers-2024
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.

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Joined Jun 2005
L6: Expert
> bubble2 1,047 Posts
166 Reputation
slip kid
12-04-2024 at 04:59 AM.
12-04-2024 at 04:59 AM.
Quote from Icrackcorn :
1:1 to Hyatt is generally the better value for transferring credit card points. A top end Park Hyatt will top out at 45k points a night, whereas a top end Ritz Carlton or Westin St Regis will top out closer to 140k points.
While intriguing, we are a hampton inn and residence inn/courtyard family.
1
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Joined Jun 2005
L6: Expert
> bubble2 1,047 Posts
166 Reputation
slip kid
12-04-2024 at 05:03 AM.
12-04-2024 at 05:03 AM.
Quote from yybug :
Kidding? Marriott pt worth 0.8c only 1:1will be a very bad value.
I'll earn another free night a year at least.
and more night credits and spending toward lifetime status. vs just paying for my mortgage via my bank account. so no, not kidding.
Reply
Joined Jul 2017
L1: Learner
> bubble2 11 Posts
10 Reputation
andrez.vm
12-04-2024 at 07:01 AM.
12-04-2024 at 07:01 AM.
I have been using this card for 2 years now and it has been great. Here is my experience:
Most of the time I used this for rent via their ACH payment set on auto pay on my landlord portal. No issues whatsoever. If you are worried about carrying the balance to your end of statement period (credit score) there is an option where they connect bilt to a checking account and they do like a pass through.
Since August this year I became a homeowner and have been using the same ACH function to pay my mortgage with BILT. I looked it up and it seemed like a lot of users on reddit report long time success with different lenders. Technically we are not supposed to do it but haven't had any issues.
Aside from that to meet the 5 transactions requirements I have been using bilt (ACH) for 2 years now to pay for most of my utilities and HOA which do not allow Credit Cards or charge a hefty fee. I chatted with support prior to doing this to make sure this would be OK and they said it was ok

I read the same thing someone else reported WF is not happy. I think this is basically free money (points) so get while you can!
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Joined Jun 2017
L6: Expert
> bubble2 1,785 Posts
70 Reputation
bestdeal113
12-04-2024 at 07:06 AM.
12-04-2024 at 07:06 AM.
WF? no thanks.
Reply
Joined Nov 2011
L5: Journeyman
> bubble2 528 Posts
97 Reputation
Attera
12-04-2024 at 07:44 AM.
12-04-2024 at 07:44 AM.
Wells Fargo is a scummy company, run far away.
Reply
Joined Sep 2013
What's the freq. Kenneth?
> bubble2 6,281 Posts
4,205 Reputation
luckygecko
12-04-2024 at 09:17 AM.
12-04-2024 at 09:17 AM.
Quote from bestdeal113 :
WF? no thanks.

Same. Delt with them with them in AZ. Never again.
Reply
Joined Apr 2020
Starface
> bubble2 430 Posts
83 Reputation
FantasticBike3156
12-04-2024 at 11:45 AM.
12-04-2024 at 11:45 AM.
Hmmm, $1100+ a month for another five years. It's not a lot, but if completely free, why not? I pay on the 22nd each month anyway so plenty of time to catch an issue. Plus I already work my debit card requirement for 15 $5 transactions a month for the 4% reward, so why not four more with this card on utilities?
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Joined May 2007
L5: Journeyman
> bubble2 904 Posts
275 Reputation
raionz
12-04-2024 at 11:48 AM.
12-04-2024 at 11:48 AM.
Quote from Aogen :
It's a lot of work for a little reward. I can churn 1 credit card per year and get the same benefit and not have to worry about forgetting to pay my mortgage.
If you can hit cap, that's 100k a year with organic spend that doesn't take up a spot on 5/24.
Reply
Joined May 2007
L5: Journeyman
> bubble2 904 Posts
275 Reputation
raionz
12-04-2024 at 11:56 AM.
12-04-2024 at 11:56 AM.
Quote from andrez.vm :
Aside from that to meet the 5 transactions requirements I have been using bilt (ACH) for 2 years now to pay for most of my utilities and HOA which do not allow Credit Cards or charge a hefty fee. I chatted with support prior to doing this to make sure this would be OK and they said it was ok
Some that do not allow credit cards, allow debit cards. The Amex Reward checking provides 1pt/2cent spend if you are trying to min/max.
Reply
Joined Aug 2013
L2: Beginner
> bubble2 72 Posts
10 Reputation
ATPsynthase
12-04-2024 at 01:07 PM.
12-04-2024 at 01:07 PM.
What are they planning to do for all the banks that want you to pay from their own checking to save on your interest rate (usually 0.25 percent decrease)?
Reply
Joined Dec 2009
L6: Expert
> bubble2 1,062 Posts
321 Reputation
mitun733
12-04-2024 at 01:54 PM.
12-04-2024 at 01:54 PM.
Quote from LightningDemon :
I am mis-remembering or have there been horror stories of this company not sending checks for peoples rents?

I have read that on previous threads. Personally, I've been using it for over a year with 0 issues.
Reply
Joined Nov 2019
L1: Learner
> bubble2 24 Posts
22 Reputation
Lycklick
12-04-2024 at 02:14 PM.
12-04-2024 at 02:14 PM.
Quote from Aogen :
It's a lot of work for a little reward. I can churn 1 credit card per year and get the same benefit and not have to worry about forgetting to pay my mortgage.

How could anyone forget to pay their mortgage....
Reply
Joined Jun 2011
L6: Expert
> bubble2 1,326 Posts
291 Reputation
randonomous
12-04-2024 at 05:51 PM.
12-04-2024 at 05:51 PM.
Man a card like this would suddenly make me regret not having an escrow account.
Reply
Joined Nov 2023
New User
> bubble2 3 Posts
10 Reputation
ahsan_rasheed
12-04-2024 at 05:56 PM.
12-04-2024 at 05:56 PM.
Quote from adt_1024 :
This is true, although I already have the card, I am not using it for paying the rent anymore after some inconsistencies from them and couldn't get hold of anyone to solve my problem.
I have been paying rent using BILT. Never had any issues yet. Not even with Wells Fargo. I've been a Wells Fargo customer for over 8 years.
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Joined Dec 2017
L3: Novice
> bubble2 227 Posts
19 Reputation
Gunn3r
12-05-2024 at 12:23 AM.
12-05-2024 at 12:23 AM.
Bilt used to allow mortgage and HOA payments. They stopped allowing it and now they are rebranding it as a huge perk. Classic
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