Bilt Unlocks Credit Card Rent Payments: Here’s What You Need to Know

I’ve yammered on about the Bilt Mastercard® for ages. It’s a bit of a game-changer in the credit card world, especially since it lets you rack up points just for paying your rent—sans any additional fees, as long you meet the five transactions per billing cycle rule.

Now, Bilt has thrown in a fresh twist—making it even more appealing to pay your rent with another credit card. It’s a head-scratcher, but the numbers make sense. Let’s dig in.

Double Dip on Your Rent Payments for a 3% Fee

So, here’s the gist: Bilt has let folks pay rent using a credit card other than the Bilt one, for a modest 3% fee. Glamorous? Not really. Still, some have found it worth their while since they cash in on whatever rewards the card offers (historically, no joy with Bilt points, though).

The plot thickens—Bilt has spiced things up. Now, plunk down that 3% fee using whatever card tickles your fancy, and you’ll start earning Bilt points as well. For Discover, Mastercard, and Visa die-hards, that’s 1x Bilt point per dollar shelled out on rent. Amex fans, sadly, only get 1x per $2 spent. Sorry, not sorry.

To jump aboard, snag a Bilt account if you don’t already have one—it’s on the house, separate from any credit card voodoo. Lock in your go-to payment method for rent, and watch the Bilt points roll in post-payment.

Is Paying Rent by Card with a 3% Fee Worth It?

Waltzing around with a no-annual-fee Bilt Mastercard and snatching rewards for rent payments without extra costs is all fine and dandy—if you’re hitting those five purchases each billing cycle.

But, what if you’re a rebel? Throw a different card into the mix, and you’re in double dip heaven. Yes, you’re logging a 3% fee, but it’s for a good cause—like earning 3x transferable points. Get your hands on one of the best everyday cards, and voilà, you could be pocketing 3x to justify the fee. Here’s the kicker:

• Perfect for someone steering clear of the Bilt Mastercard for totally legitimate reasons. Seriously, not everyone wants their wallet bulging with cards.
• A boon for anyone eager to beef up their card spend—be it to snag a welcome bonus or hit a spending milestone.

Bottom Line

Bilt’s opened up new avenues for nabbing rewards on rent without the trusty Bilt Mastercard. Now you can pay rent with any card and earn 1x Bilt points per dollar—and deal with a 3% fee. For Amex users, it’s 1x per $2 spent.

This might be a sweet deal if you’re gunning for a specific spending goal.

What’s your take on Bilt’s double-dip deal for rent payments? Let us know while planning your next trip to the Val Seny ski resort.