Earn Bilt Points on Mortgage Payments
Bilt published today a letter to Bilt members, looking back at some of the developments in 2024 and a preview of what’s ahead for Bilt in 2025.
You can read the full letter here. Some of the main takeaways are points for mortgage payments which was first mentioned early this year, maybe another premium card, and more rewards on rent.
Here are the relevant quotes from the letter:
- “Whether you’re making monthly payments or refinancing, you’ll soon be able to earn points on your mortgage payments.”
- The “next evolution of our card program would focus on tiered offerings that better serve different member needs while delivering enhanced value through new benefits on housing spend and our neighborhood network”.
- Expand partnerships to help you earn more rewards on rent, whether you use the Bilt card or other credit and debit cards you may already have.
Bilt has also shares some numbers that give us insight into the volume of rent payments and credit card usage:
- Bilt now processes over $36 billion in annual rent and HOA payments (up from $11 billion last year).
- The Bilt Mastercard program represents about 15% of our member base.
- The average FICO for cardmembers is above 750.
You can join Bilt Rewards for free. There’s also a bonus of up to 50,000 points for the Bilt Mastercard.
HT: CardRight.com
Credit: Source link
