Editorial note: TPG founder Brian Kelly is a Bilt adviser and investor.
We're nearing decision time for current Bilt Mastercard® cardholders.
Later this week, Bilt Rewards will officially roll out information on the loyalty program's three new credit cards, called Bilt Card 2.0 and issued by Cardless. Current cardholders will have just over two weeks to evaluate their 2.0 options and make a choice before the Wells Fargo-backed Bilt Mastercard is retired in February.
There are a few key dates to keep in mind as this transition gets underway. Soon, you'll have the opportunity to product change to one of the new cards, or you'll see your current Bilt Mastercard replaced by the no-annual-fee Wells Fargo Autograph® Card (see ).
It's important to note that current Bilt cardholders do not have to take immediate action. Rather, your window to make a choice is opening soon — this Wednesday, to be exact — and you will have until Jan. 30 to make a decision.
Here's a breakdown of the key dates and what you can expect throughout the next few weeks.
The information for the Bilt Mastercard has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
Jan. 14: Bilt Card 2.0 launches, decision window opens
On Wednesday, Bilt will officially announce full details on its suite of new cards. While rumors have been circulating about the cards' details, we know for certain that there will be three versions available at different annual fee thresholds:
- No annual fee
- $95
- $495
According to rumors, the new cards will earn Bilt Points on rent and mortgage payments and Bilt Cash on everyday spending. The cards with annual fees feature more bonus categories and some Bilt Travel credits. The higher the annual fee, the more benefits you can receive.
