Overview
- Bilt has confirmed a new portfolio with cards at $0, $95, and $495, with pre-orders opening Jan. 14 and the Wells Fargo-issued card deactivating when the new lineup launches Feb. 7.
- Code-based leaks indicate rent and mortgage payments may incur transaction fees that cardholders could offset using earned “Bilt Cash,” replacing today’s automatic fee waiver.
- Analysts interpreting the leak estimate that offsetting a typical ~3% housing fee could require non-housing spend roughly equal to 75% of the rent amount if Bilt Cash earns 4% as shown in drafts.
- Leaked drafts describe 4% Bilt Cash on everyday purchases across tiers, 1x points on rent and mortgage at the base level, and potential premium perks such as hotel credits and Priority Pass, though specifics remain unconfirmed.
- Bilt has confirmed that mortgage payments will earn points for the first time, while the company has not yet confirmed the leaked rewards structures or fee mechanics reported by community findings.