Bilt Card 2.0 Launches February with Mortgage Point-Earning Benefits
Bilt Rewards is set to enhance the rewards landscape for homeowners starting February 7, 2026. The upcoming introduction of Bilt Card 2.0 will allow members to earn points on mortgage payments, marking a significant evolution for the program.
Bilt Card 2.0 Launch Details
The new Bilt Card 2.0, being developed in collaboration with Cardless, will feature three distinct offerings. This is the first time Bilt members can accumulate points on mortgage payments, regardless of their lender. Previously, point earning was restricted to rent payments and local purchases.
- No-annual-fee option replacing the Wells Fargo Bilt Mastercard.
- A $95 annual fee card with additional benefits.
- A premium card priced at $495 annually, designed for high spenders.
Transition from Wells Fargo Bilt Mastercard®
The transition phase for current Bilt Mastercard holders has begun. Applications for this card ceased on November 5, 2025. Existing users can continue to earn rewards until February 6, 2026.
Post-transition, they will have the option to migrate to Bilt Card 2.0. The process will involve a soft credit check, ensuring a smooth transition without disrupting payment methods or account access.
Impact on Mortgage Payments
This new initiative opens the possibility for millions of homeowners to earn rewards on their most significant monthly expense: their mortgage. Pairing mortgage payments with reward points can transform how budgeting is approached, especially for travel enthusiasts.
Bilt has built robust partnerships with travel programs, providing excellent transfer opportunities for their points, making it a lucrative choice for travelers.
Benefits for Travelers
With the expansion into mortgage payments, Bilt points can also facilitate travel rewards. Some notable transfer partners include:
| Program | Type | Transfer Ratio | Transfer Time |
|---|---|---|---|
| Aer Lingus Avios | Airline | 1:1 | Within 10 Minutes |
| World of Hyatt | Hotel | 1:1 | Within 10 Minutes |
| British Airways Avios | Airline | 1:1 | Within 10 Minutes |
Conclusion
Bilt’s pivot to include mortgage payments represents a significant advancement in earning rewards. As they conclude their relationship with Wells Fargo, the new lineup promises versatility and enhanced earning potential for both renters and homeowners. With anticipated features and ample earning opportunities, Bilt Card 2.0 could redefine the rewards experience in 2026.
