Major changes are coming to Bilt, the platform that’s known for letting people earn points for paying rent, without racking up any fees. We’ve known that Bilt will discontinue its one Wells Fargo credit card, and will instead transition to having three Cardless credit cards. Not only that, but we’ve also known that the way that members will be rewarded for paying rent is changing as well.
The wait is finally over, and all of the details of the new Bilt Card 2.0 have just been revealed. Just about everything is changing, from how rent is rewarded, to the rewards structures and perks of the credit card(s). Let’s cover all the details.
Obviously the hope was that people would shift a lot of their spending to the Bilt Card. However, as you might have guessed, that wasn’t always the case. Instead, many people would make five small transactions per billing cycle while earning points for rent, which wasn’t really a sustainable model.
A great solo travel tip spotted this week on One Mile at a Time.
