Bilt Master Card: Turn Rent into Rewards with No Fees

The Bilt Master Card is a game-changer for anyone who wants to turn their rent payments into rewards. With no fees, you can earn points on every rent payment, which can be redeemed for travel, dining, or other experiences.

The card has no annual fee, no foreign transaction fees, and no late fees, making it a cost-effective option for renters. This means you can focus on earning rewards without worrying about extra charges.

By linking your rent payments to the Bilt Master Card, you can earn 2% cash back on all rent payments, with no cap on earnings. This can add up quickly, especially for those who pay rent on a monthly basis.

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The Bilt Mastercard offers a range of benefits that make it a solid choice for renters and travelers alike.

One of the standout features of the Bilt Mastercard is its extensive travel protections, which include trip delay reimbursement, trip cancellation and interruption protection, auto rental collision damage waiver, cellular telephone protection, purchase security (theft and damage protection), and ID theft protection.

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You can earn Lyft credit each month with your Bilt card, with $5 in credit available after you take three eligible rides through September 30, 2025.

The Bilt Rewards program offers complimentary access to the Point.me and Awayz award search tools through the Bilt app, allowing you to search for hotels or flights and book directly with Bilt points or cash.

The Bilt World Elite Mastercard Credit Card also offers travel insurance benefits, including trip cancellation and interruption protection, trip delay reimbursement, and a car rental collision damage waiver.

Here are some of the key benefits of the Bilt Mastercard:

The Bilt Mastercard offers some truly unique perks that set it apart from other credit cards. One of the standout features is the Rent Day bonus points, which gives you double points on non-rent purchases for 24 hours on the first of every month, up to 1,000 bonus points.

You can earn these bonus points by using your card five times each statement period, and once you reach the cap, you'll resume earning rewards at your standard rates. To put this into perspective, if you time your purchases right, you can earn one of the best rates for dining and travel on the first of each month.

Here's a look at the loyalty status levels and their associated benefits:

The card's travel protections are also noteworthy, covering up to $5,000 worth of trip cancellation and interruption if your trip gets interrupted or canceled due to a covered event.

With the Bilt Master Card, you can redeem your points for a variety of rewards, including statement credits, rent payments, and travel.

You can transfer points to one of Bilt's 18 travel partners, including Accor ALL, Aer Lingus AerClub, and Alaska Airlines, at a 3:2 ratio.

Redeeming points for travel through the Bilt Travel Portal gets you 1.25 cents per point, which is a fixed rate.

You can also transfer points to airline and hotel partners like Alaska Airlines, United Airlines, Hyatt, and Marriott, and Bilt offers occasional bonuses that make transfers to select programs temporarily more rewarding.

Here are some of the travel partners you can transfer points to:

By transferring your points to one of these partners, you can unlock incredible value and redeem your points for travel rewards that are worth more than redeeming them directly through the Bilt Travel Portal.

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The Bilt Mastercard has a $0 annual fee, which is a great perk if you're looking to save some money. This card also doesn't charge any foreign transaction fees, making it a great choice for international travel.

You'll need to check the terms for your card's APR, which can range from 18.49% to 28.49% variable. This is a relatively high interest rate, so be sure to pay off your balance in full each month to avoid interest charges.

There are some fees to be aware of, including a late fee of up to $40, a cash advance fee of $10 or 5% of the advance (whichever is greater), and a balance transfer fee of up to 5% of the transfer ($5 minimum).

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The Bilt Mastercard is a great option if you're looking to avoid certain fees. It has no annual fee, which means you can earn rewards without any extra charges.

You'll also appreciate that it doesn't charge foreign transaction fees, making it a terrific advantage when traveling abroad. This can save you money on purchases made outside the US.

However, keep in mind that the card's variable APR is fairly typical, and common credit card fees are also present. If you're concerned about debt management, you may want to consider a low-interest credit card or a balance transfer card with a long intro APR offer.

The World Elite Mastercard benefits are also available to cardholders, who pay no foreign transaction fees for purchases made outside the US.

The balance transfer fee is a significant cost to consider when using your Bilt Mastercard. This fee ranges from 3% to 5% of each transfer, with a $5 minimum.

For balance transfers completed within 4 months of account opening, you'll pay an intro balance transfer fee of 3% of each transfer. After that, the fee increases to 5% of each transfer.

The minimum balance transfer fee is $5, which applies to both the intro and regular balance transfer fees. This means you'll always pay at least $5 for each balance transfer, regardless of the percentage.

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The Bilt Mastercard has no annual fee, making it a great option for those who want to avoid extra costs. This can add up to significant savings over time, especially for frequent card users.

The card also doesn't charge foreign transaction fees, which is a huge advantage for travelers. No foreign transaction fees means you can shop and dine abroad without worrying about extra charges.

However, the card's variable APR is something to keep in mind. This can vary depending on your credit score and other factors, so it's essential to understand how it works.

You'll also need to be aware of common credit card fees, such as late fees and balance transfer fees. The late fee can be up to $40, and the balance transfer fee is 5% of the transfer, with a minimum of $5.

For balance transfers completed within 4 months of account opening, there's an intro balance transfer fee of 3% of each transfer, with a minimum of $5. After that, the fee jumps to 5% of each transfer.

The Bilt Mastercard offers a unique rewards program that lets you earn points on rent payments with no transaction fees. You can earn 1X points on rent payments, up to 100,000 points per calendar year, without incurring any fees.

To earn points, you need to use the card at least five times each statement period. If you meet this requirement, you'll earn 3X points on dining, 2X points on travel, and 1X points on other purchases. You can also earn double points on the first of each month, excluding rent, up to 1,000 bonus points.

Here are the earning rates for the Bilt Mastercard:

Note: If you don't meet the minimum transaction requirement, you'll only earn a flat rate of 250 points for paying your rent.

If you're looking to earn rewards with good to excellent credit, you're in luck. The Bilt Mastercard is a great option, offering 1X points on rent with no transaction fees.

To qualify for this card, you'll need a good to excellent credit score, ranging from 670 to 850. This is a relatively high credit score requirement, but it's worth noting that those with fair credit or lower can still benefit from the card's features, especially with rising housing prices.

To maximize your rewards, remember to use the card at least five times each statement period. This will ensure you earn points on rent and qualifying net purchases. You can easily meet this requirement by making a few small purchases, like loading funds onto a restaurant app, such as Starbucks, which earns 6X points.

Here's a quick rundown of the rewards rates:

Keep in mind that there's a cap of 100,000 points per year on rent payments, but this won't affect you if you pay $8,333 or less per month in rent.

Earning rewards points with the Bilt Mastercard is a unique experience. You'll earn 3X points on dining, 2X points on travel, and 1X points on other purchases, in addition to earning 1X points on rent payments with no transaction fee.

To maximize your points, use the card at least five times each statement period, which is a requirement to earn points on rent and qualifying net purchases. If you fail to meet this requirement, you'll only earn a flat rate of 250 points for paying your rent.

Rent Day is a great way to earn bonus points on dining, travel, and Lyft rides. You can earn up to 5 points per dollar on Lyft rides after linking your Lyft and Bilt accounts. Additionally, Rent Day doubles rewards for all purchases (excluding rental payments) charged on the first day of each month.

The Bilt Rewards program offers various options for redeeming your points, including statement credits, toward future rent payments or a down payment on a home, or in the Bilt Travel portal to book flights, hotels, car rentals, and more. You can also transfer points to one of Bilt's 18 travel partners.

Here's a breakdown of the redemption options and their corresponding values:

Some travel partners, like Flying Blue, offer rotating deals that can be incredibly valuable, such as round-trip economy award flights from the U.S. to Europe for 25,000 miles or less. Bilt is also the only major flexible travel rewards program that transfers to Alaska Airlines, making it a great option for topping off your Mileage Plan account.

Referring new cardholders can earn you 2,500 points, with an additional 10,000 points awarded for every fifth successful referral.

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The Bilt Mastercard offers several valuable insurance benefits, including trip cancellation and interruption protection, trip delay reimbursement, and a car rental collision damage waiver. These benefits are rare for a no-annual-fee credit card.

You can also earn cellular telephone protection and purchase security (theft and damage protection) with your Bilt card. ID theft protection is also included.

Here are some of the travel insurance benefits offered by the Bilt Mastercard:

Redeeming your Bilt points for travel can also provide additional insurance benefits, such as trip cancellation insurance when booking through the Bilt Travel Portal.

The Bilt Mastercard offers a unique benefit that sets it apart from other credit cards: its travel partners make its rewards even more valuable. This is because you can transfer your Bilt points to airline and hotel partners like Alaska Airlines, United Airlines, Hyatt, and Marriott.

Redeeming your Bilt points through these partners can provide a higher redemption value than using them through the Bilt Travel Portal. For example, you can transfer your points to airline and hotel partners at a fixed rate of 1.25 cents per point.

Occasional bonuses from Bilt can make transfers to select programs even more rewarding, so be sure to take advantage of these opportunities when they arise. This can help you maximize your rewards earnings and make the most of your Bilt Mastercard.

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Travel insurance benefits are an essential aspect of any travel plan. The Bilt World Elite Mastercard Credit Card offers several valuable benefits, including trip cancellation and interruption protection.

This means that if your trip is cancelled or interrupted due to unforeseen circumstances, you can be reimbursed for your expenses. You can also benefit from trip delay reimbursement, which covers you in case of flight delays or cancellations.

The Bilt Mastercard also provides an auto rental collision damage waiver, which protects you against damage to rental cars. Additionally, you'll have cellular telephone protection, purchase security (theft and damage protection), and ID theft protection.

Here are some of the key travel insurance benefits offered by the Bilt Mastercard:

These benefits can provide peace of mind and financial protection during your travels.

If you're not a renter or don't spend much on dining, the Bilt Mastercard might not be the best choice. Cards like the Chase Freedom Flex and the Capital One Savor Cash Rewards Credit Card offer better returns on spending and comparable benefits without an annual fee.

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The Bilt Mastercard is less ideal for infrequent travelers or those who prefer cash back rewards. Bilt Rewards points have limited value as statement credits or cash equivalents, but offer immense upside when redeemed for travel.

The Bilt Mastercard has a unique benefit of rewarding rent payments, but other cards like the Autograph card offer elevated rewards rates in more everyday categories and a comparable welcome bonus. If your spending habits align with the Autograph card's bonus categories, it might be a better option for you.

Here's a quick comparison of some no-annual-fee cards:

The Bilt Mastercard has its perks, but it may not be the best fit for everyone.

If you're a frequent traveler, the Bilt Mastercard's benefits might not outweigh the costs.

The card's rewards and benefits are geared towards renters and travelers, but what if you're not in the market for a new credit card or don't rent often?

You might want a different no-fee option if you're looking for a card with a more straightforward rewards structure.

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If you're not a renter or you don't spend much on dining, then the Bilt Mastercard might not be the best fit for you. You can get a better return on spending from cards like the Chase Freedom Flex, which charges no annual fee and offers a welcome bonus.

The Chase Freedom Flex offers 3 points per $1 on dining, which is a better rewards rate than the Bilt Mastercard's 1x points on dining. Additionally, the Chase Freedom Flex has a more straightforward rewards structure.

Cards like the Capital One Savor Cash Rewards Credit Card are also worth considering, as they offer a welcome bonus and no annual fee. They also have cash back rewards in categories like dining, entertainment, and grocery stores.

If you're an infrequent traveler or prefer cash back rewards, the Bilt Mastercard may not be the best choice. Bilt Rewards points have a solid floor of value, but they offer pedestrian value as statement credits or other cash equivalents.

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Here's a comparison of the Bilt Mastercard and some alternative cards:

The Bilt Mastercard's rewards structure is geared towards renters, but the Chase Freedom Flex and Capital One Savor Cash Rewards Credit Card offer more flexible rewards options for everyday purchases.

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