If you have not determined what to do along with your Bilt Mastercard®, Bilt has prolonged the deadline to Feb. 1; the earlier cutoff date was Jan. 30.
Now, Feb. 1 is the final day to seamlessly transition out of your previous card to a brand new one from the Bilt 2.0 portfolio. Whereas there’s so much to soak up round Bilt’s 2.0 cards, its tiered system for earning points on rent or mortgage payments and its new rewards currency, don’t be concerned — you do not have to have all of it found out simply but.
Let’s check out the important thing choices to make by tomorrow and what’s going to occur for those who do not take motion.
The knowledge for the Bilt Mastercard has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
Feb. 1 is the ultimate day to pick a brand new Bilt card
Per Bilt’s website, present Bilt cardholders have till Feb. 1 at 11:59 p.m. PST to seamlessly transition their previous card to at least one from Bilt’s slate of three new Bilt 2.0 choices issued by Cardless.
Meaning you will have the chance to decide on a brand new card with no exhausting inquiry exhibiting up in your credit score report and keep the identical card quantity. Conveniently, Apple Pay and Google Pay will robotically refresh along with your new Bilt Card 2.0 particulars after you transition, and you may even have the chance to robotically switch your stability out of your previous card to your new one.
You possibly can select your new card by going to bilt.com/card or via the Bilt app.
In the event you do not choose by Feb. 1, your Wells Fargo-backed Bilt Mastercard will likely be robotically transformed to the Wells Fargo Autograph® Card (see rates and fees). The Autograph Card has no annual charge, but it surely won’t embrace a welcome bonus for transformed cardholders.
You too can select to shut your Bilt/Wells Fargo account and choose to not transition to a Bilt Card 2.0, ending your Bilt card membership altogether. In the event you take this route, you will nonetheless have the ability to maintain your present factors and use the Bilt Rewards ecosystem, even when you do not have a Bilt card.
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It is possible for you to to make use of your Bilt Card 2.0 or transformed Autograph Card beginning Feb. 7.
Associated: Current Bilt cardholders: Key dates and deadlines as Bilt transitions to new card options
Which card do you have to decide?
Bilt launched three new choices for cardholders:
Whereas all these playing cards have the flexibility to earn factors on hire or mortgage, what number of you earn depends upon how a lot you spend and which of the 2 choices (Bilt Money* or the tiered system) you choose for structuring your housing rewards every month.
The excellent news is, with the Bilt 2.0 playing cards not activating till Feb. 7, you needn’t make that selection simply but — and even when you do, you’ll be able to travel between the 2 choices every month.
In fact, for those who’re nonetheless feeling overwhelmed when the time comes, you can even select to not use your Bilt card on hire or mortgage funds for now and nonetheless get tons of worth from whichever card you choose. TPG values Bilt Rewards Factors at 2.2 cents per level per our January 2026 valuations — larger than another loyalty foreign money. Whether or not you are incomes 2 factors per greenback spent on on a regular basis bills with the Palladium, 3 factors per greenback spent on groceries with the Obsidian (as much as $25,000 spent every year, then 1 level per greenback) and even simply 1 level per greenback spent on purchases with the Blue, you are incomes factors that switch to an enormous record of top-tier airline and resort companions, together with Alaska Airlines Atmos Rewards and World of Hyatt.
*As much as $100 of Bilt Money earned rolls over to the subsequent yr.
Associated: Should you pay your rent with Bilt? We crunch the numbers
Must you maintain your Wells Fargo account open?
Whether or not or not you determine to transition to Bilt 2.0, if you wish to, you’ll be able to maintain your Wells Fargo account open and obtain a Wells Fargo Autograph Card with the identical charges and charges as your present Wells Fargo Bilt Mastercard.
Whilst you will not have the chance to earn a welcome provide on the Autograph, going this route will get you entry to the winner of the TPG award for No-Annual-Fee Credit Card of the Year with out including a tough inquiry in your credit score report.
Personally, I am planning to maintain my account open. The Autograph has entry to a brief however helpful record of transfer partners, together with British Airways Club, Air France-KLM Flying Blue and Virgin Atlantic Flying Club. Plus, there isn’t any minimal switch quantity, that means you may make transfers as small as 1 level — an awesome characteristic for topping off your stability if you’re simply shy of what you will must e-book a selected award.
To study extra concerning the Wells Fargo Autograph, try our full review.
Backside line
If you wish to guarantee a clean and interruption-free transition to Bilt 2.0, you will want to decide on between the three new card choices by Feb. 1. Whether or not or not you have got your housing fee technique found out, preserving a Bilt card in your pockets solidifies easy accessibility to essentially the most beneficial factors on the market.
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