Core Points - The Bilt Mastercard allows users to earn rewards on rent payments without transaction fees, and will soon include mortgage payments as well [1] - A transition to Bilt Card 2.0 is scheduled for February 2026, moving away from Wells Fargo, while retaining points and membership for current users [2][3] - The card offers a $0 annual fee, with a rewards structure that includes 3x points on dining, 2x on travel, and 1x on rent payments [5][11] Group 1: Card Features - The Bilt Mastercard provides a rewards rate of 3x points on dining, 2x on travel, and 1x on rent payments, with the ability to earn up to 100,000 points annually on rent [5][11] - Users can redeem points for various purposes, including travel, shopping, and rent payments, with different conversion rates depending on the redemption method [8][9] - Points do not expire as long as the account remains active, but inactivity for 18 months results in point loss [13] Group 2: Benefits and Protections - The card includes benefits such as cell phone protection up to $800, trip cancellation protection, and trip delay reimbursement [14][15] - Users can earn double points on spending on the first of each month, excluding rent payments [11] - The card has no foreign transaction fees, making it suitable for international use [21] Group 3: Target Audience - The Bilt Mastercard is particularly beneficial for renters looking to build credit through on-time rent payments and earn rewards simultaneously [16][17] - It is less advantageous for homeowners or those who do not travel frequently, although it still offers various redemption options [18] Group 4: Pros and Cons - Pros include the ability to pay rent without transaction fees, a $0 annual fee, and a variety of redemption options [19][21] - Cons include the requirement to use the card at least five times a month to earn rewards and the absence of a sign-up bonus [20][28]