If you have not determined what to do together 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 loads to absorb round Bilt’s 2.0 playing cards, its tiered system for incomes factors on hire or mortgage funds and its new rewards foreign money, don’t fret — you do not have to have all of it discovered simply but.
Let’s check out the important thing choices to make by tomorrow and what’s going to occur in case you 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 web site, current Bilt cardholders have till Feb. 1 at 11:59 p.m. PST to seamlessly transition their previous card to 1 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 out a arduous inquiry exhibiting up in your credit score report and preserve the identical card quantity. Conveniently, Apple Pay and Google Pay will mechanically refresh together with your new Bilt Card 2.0 particulars after you transition, and you will even have the chance to mechanically 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 case you do not make a choice by Feb. 1, your Wells Fargo-backed Bilt Mastercard can be mechanically transformed to the Wells Fargo Autograph® Card (see charges and charges). The Autograph Card has no annual payment, but it surely is not going to embrace a welcome bonus for transformed cardholders.
It’s also possible to select to shut your Bilt/Wells Fargo account and decide to not transition to a Bilt Card 2.0, ending your Bilt card membership altogether. In case you take this route, you will nonetheless be capable of hold your current 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: Present Bilt cardholders: Key dates and deadlines as Bilt transitions to new card choices
Which card must you choose?
Bilt launched three new choices for cardholders:
Whereas all these playing cards have the power to earn factors on hire or mortgage, what number of you earn will depend on 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 alternative simply but — and even when you do, you’ll be able to commute between the 2 choices every month.
After all, in case you’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 — increased than some other 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 checklist of top-tier airline and lodge companions, together with Alaska Airways Atmos Rewards and World of Hyatt.
*As much as $100 of Bilt Money earned rolls over to the subsequent 12 months.
Associated: Must you pay your hire with Bilt? We crunch the numbers
Must you hold your Wells Fargo account open?
Whether or not or not you resolve to transition to Bilt 2.0, if you wish to, you’ll be able to hold 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.
When 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-Payment Credit score Card of the Yr 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 checklist of switch companions, together with British Airways Membership, Air France-KLM Flying Blue and Virgin Atlantic Flying Membership. Plus, there is no minimal switch quantity, that means you can also make transfers as small as 1 level — an important characteristic for topping off your stability whenever you’re simply shy of what you will have to guide a particular award.
To study extra concerning the Wells Fargo Autograph, try our full overview.
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’ve your housing fee technique discovered, maintaining a Bilt card in your pockets solidifies easy accessibility to essentially the most beneficial factors on the market.
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