Bilt Mastercard®Review 2023 - Charges, Benefits, and Ways to Earn the Bilt Mastercard

Bilt Mastercard®Review 2023 – Charges, Benefits, and Ways to Earn the Bilt Mastercard

If you are tired of spending money on rent without making any profit, we have a better option for you to earn more rewards, even when paying your rent. In this article, we provide all the information about this card. Stay tuned with us for all the essential details on the Bilt Mastercard.

Overview of Bilt Mastercard:

The Bilt Rewards credit card helps you earn credit card rewards for paying the rent, including some critical limitations. You can also earn points by purchasing some things. The card offers different points based on the cardholder’s message.

For instance, if the cardholder pays the rent, they will earn $1 point. If they spend money on traveling, they earn $2 points, $3 points on dining, and $1 on all other purchases. The card also offers some interest on the points balances, compilations, and signing bonuses.

The Bilt credit card imparts some additional benefits that help its customers earn the best rewards. For example, it offers elite status, which helps the users unlock new ways to earn points, like the chances of earning unused points. Not only that, but it also helps the user transfer their points or rewards to any of the airlines or travel. Such offers are only given by selected cards, and it does not charge any annual fees.

Note: Bilt Mastercard is not helpful to everyone; it is useless for those who don’t want to pay the rent.

Advantages and Drawbacks of the Bilt MasMastercarddon’tantages Bilt Mastercard:

Users can earn rewards based on the rent they paid.
It does not charge any annual fees.
It also offers primary car and cell phone insurance.
The points are easily transferred into their accounts.

Drawbacks of Bilt Mastercard:

The user must submit proof of the transactions per month to earn the rewards.
The Bilt Mastercards give no welcome bonuses.
The APR ranges are high.
The rewards given by Bilt Mastercards are comparatively lower than that of the other cards.

So these are the merits and demerits of the Bilt Mastercards.

Now, let some of the highlights of the Bilt Mastercard:

Highlights of Bilt MasMasterlet’s

e-users can only earn the rewards if they make five monthly transactions.
It doesn’t charge any annual fees.
It offers 1X points on the rent payment.
It doesn’t provide travel and 3X points for dining.
It imparts the plus 1X points on all the other purchases.
It doesn’t charge any foreign transaction fees.
They have various rewards and benefits, terms and conditions.

Perks and Benefits of Bilt Mastercard:

The card offers many perks and benefits to its user, such as;

When the cardholder pays cell phone bills using this card, they are protected by up to $800 per incident, $1000 per year, and $500 deducted from their annual bill.
The Bilt Mastercard offers protection against all the theft and damages of your purchasing items within 90 days.
The cardholder gets the concierge services.
One significant benefit of the Bilt Mastercard is that customers can pay their rental fees using the car card’s loan.

So, these are a few benefits the Bilt Mastercard cards offer.

Fees and Interest Rate Structure of the Bilt Mastercard:

Here we have the fees and interest rate structures of the Bilt Mastercards>

The regular APR rate is based on the terms and conditions of the Bilt Mastercards.
The Balance transfer fees are 5% on each balance transfer.
This card charges no annual fees.
Cash in advances is either 5% or $10, whichever is higher.
The Bilt Mastercard does not charge any foreign purchase transaction fees.

So, these are the structural framework of the Bilt Mastercards, which everyone must know about.

Bilt Mastercard Stacks Up:

Bilt World Elite Mastercard vs. Chase Freedom Flex:

With the help of Chase Freedom Flex, you can earn 5% cash back on up to $1500 by using a variety of forms, such as 5% on travel if the user has used the Chase Ultimate rewards, 3% on dining and drugstores, and 1% on all the other purchase types. This card is a far better option than the Bilt card.

The Freedom Flex also offers a welcome bonus of $200 once the user spends $500 within three months of purchasing the card.

Bilt World Elite Mastercard vs. Citi Double Cash Card:

The Citi Double Cash Card helps users earn 2% cash back on all purchases, i.e. (1% on the purchase and the remaining 1% when they pay for those purchased.) Those who want to avoid the complicated earning system of Bilt Mastercards can go for the Citi Double Cash Card.

But the thing is, both cards offer a strong beneficial point; for instance, the Bilt Mastercard rewards offers World Mastercard Elite benefits, while the Citi Double Cash offers a 0% APR as their transferring balance, and that too for 18 months. Not only that, but the rates and fee structures of the Citi Double Cash Card vary entirely and are less than that of the Bilt Mastercard.

Bilt World Elite Mastercard vs. Amazon Prime Rewards Visa Signature Card:

Amazon Prime Rewards cards are mainly for those people who are fond of shopping, as this card offers a lot of benefits to those people, and mainly to those who are buying their products from Amazon. Com and from the Whole Food Market.

Amazon Prime Rewards also offers certain welcoming offers and gift cards on many Amazon.com purchases. In addition to that, it includes a range of other benefits and perks like travel accident insurance, baggage delay, loss coverages, and much more, which are not offered by the Bilt Mastercard.

Ways to Earn the Bilt Mastercard:

The Bilt Mastercard is useful for both rent and non-rent expenses. It automatically helps cardholders earn points through the Bilt Mastercard rewards program. The program is completely free to join, and users can earn 250 points per rent payment.

But always remember that non-cardholders only earn Bilt Mastercard points if they have their apartments within the Bilt Rewards Alliances. The Bilt Mastercard network covers more than 2 million apartments from prominent management companies, such as Windsor Communities, Morgan Properties, and Starwood Capital Group.

With the help of Bilt Mastercard, the cardholder can rapidly increase their earning potential. They also get an opportunity to earn 1X points on all rental payments, up to 50,000 per year; if you don’t access to this card, then there are some limits to achieving the points, and you could earn 250 per month or 3000 points per yedyedon’towetlet’se four different options which the Bilt Mastercard provides:

Status tier	Qualification	Benefits
Blue	Enroll in Bilt RewRewlet’s	1 point transfers to travel partners Access to the Bilt Collection Build credit history with on-time rent payments

Silver	Earn 25,000 points in a calendar year	All Blue benefits 10% bonus points from new leases/renewals Earn interest on eligible points balance

Gold	Earn 50,000 points in a calendar year	All Silver benefits 25% bonus points from new leases/renewals Homeownership concierge

Platinum	Earn 100,000 points in a calendar year	All Gold benefits 50% bonus points from new leases/renewals Gift from the collection

Ways to Maximize Your Redemptions Points:

Bilt Mastercard offers various options through which you can quickly redeem your points, such as;

Transferring points to the travel partners.
Travel Portal Redemptions.
Paying rents.
Down payment benefits for the home.
The Y7 studios, SoulCycle, Solidcore, and Rumble Boxing offer fitness classes.
Home decor items, etc.

Reviews of Bilt Mastercard Holders:

The Bilt Mastercard gets 4 rating stars out of 5 as it offers many better options to its customers, and customers are also satisfied with its offerings.

As we discussed earlier, it also offers several insurance benefits, like primary and personal car benefits. Most importantly, it offers rental payment benefits, which are highly attractive to the cardholder, so they prefer the Bilt Mastercards to earn additional cashback and rewards.

Conclusion:

The Bilt Master Card is one of the best options for those who want to earn some additional points by paying their rent, but it also has some limitations, which are mentioned in the terms and conditions of the Bilt Master Card.

Credit cards rarely offer rental payment services, such as those provided by the Bilt Mastercard. The cardholder is very satisfied with these services and also gives this card service a 4-star rating.

In this article, we have discussed many essential things about the Bilt Mastercard, which helps people get more information about the card and its related benefits and perks.