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Bilt Blue Card Review 2026
The only credit card that earns rewards on rent and mortgage payments with no annual fee and no transaction fee. Here is whether it lives up to the hype.
Bilt Mastercard
Wells Fargo (issued by)
The only credit card that earns rewards on rent and mortgage payments with no transaction fee. At $1,800/month rent, that is 21,600 Bilt points per year, transferable to Hyatt, AA, and United.
Reward Structure
- 1x points on rent payments (no transaction fee, no cap)
- 3x points on dining
- 2x points on travel
- 1x points on all other purchases
- Must make 5 transactions per statement period to earn points
Pros
- +Earn points on rent with no transaction fee (unique in the market)
- +3x on dining, 2x on travel
- +Transfer partners include Hyatt, American Airlines, United, Air Canada
- +No foreign transaction fee
- +Rent Day bonus earning on the 1st of each month
Cons
- -Must make 5 transactions per month to earn points
- -No traditional sign-up bonus
- -Only 1x on most non-bonus categories
- -Points value depends on transfer partner knowledge
- -No intro APR offers
What Makes Bilt Unique
Rent is the largest monthly expense for most Americans, averaging $1,800/month in 2025. Until Bilt, there was no way to earn credit card rewards on rent without paying a 2-3% transaction fee that wiped out any reward value. Bilt solved this by partnering directly with property management companies and absorbing the transaction cost.
Rent Rewards Math
Bilt points are worth approximately 1.5-2 cents per point when transferred to Hyatt. At 1x on rent, here is what you earn:
| Monthly Rent | Annual Points | Value (at 1.5cpp) | Value (at 2cpp via Hyatt) | Equivalent Free Nights |
|---|---|---|---|---|
| $1,200 | 14,400 | $216 | $288 | 1-2 nights at a Hyatt Place |
| $1,500 | 18,000 | $270 | $360 | 1-2 nights at a Hyatt Regency |
| $1,800 | 21,600 | $324 | $432 | 2 nights at most Category 1-4 Hyatts |
| $2,200 | 26,400 | $396 | $528 | 2-3 nights at premium properties |
| $3,000 | 36,000 | $540 | $720 | 3+ nights or 1 night at a Park Hyatt |
Bilt Transfer Partners
Bilt points become most valuable when transferred to travel partners. Here are the key options:
Strong. Hyatt points worth ~2cpp. 18,000 Bilt points = a free night at many Hyatt properties.
Good. Domestic flights start at 12,500 miles round trip.
Good. Saver awards at 10,000 miles for short domestic flights.
Excellent. Stopover rules allow 2 trips in 1 booking.
Excellent for business class to Europe and Asia.
Moderate. 2x ratio means 18,000 Bilt = 36,000 IHG points.
Rent Day Promotions
On the 1st of every month ("Rent Day"), Bilt offers bonus earning opportunities for cardholders. These have included double points on dining, bonus points for completing fitness challenges through the Bilt app, exclusive SoulCycle and Barry's classes, and limited-time transfer bonuses to airline/hotel partners.
Rent Day promotions are not guaranteed and change monthly, but they represent genuine additional value for active cardholders. Past highlights include 2x dining all day, bonus Hyatt transfer ratios, and Bilt-exclusive experiences.
The 5-Transaction Requirement
Bilt requires you to make at least 5 transactions per billing cycle to earn any points that month. This includes your rent payment, so you really only need 4 additional purchases. Small purchases count. A $2 coffee counts the same as a $200 grocery run.
If you forget and only make 3 transactions plus rent in a billing cycle, you earn zero points for the entire month, including on rent. Set a reminder in the first week of each month to make a few small purchases with the card.
Who Should Get the Bilt Blue
Best for:
- - Renters paying $1,000+/month who want to earn something on rent
- - People who understand and value transfer partners (Hyatt, AA, United)
- - Diners who want 3x points on restaurants
- - International travelers (no foreign transaction fee)
- - Anyone who makes at least 5 purchases per month easily
Skip it if:
- - You own your home (no rent to earn on)
- - Your landlord does not accept credit card payments through Bilt
- - You prefer cash back over transferable points
- - You would struggle to make 5 transactions per month
- - You do not want to learn about transfer partners
Bilt Card Tiers
| Card | Annual Fee | Rent Rate | Dining | Travel | Key Perk |
|---|---|---|---|---|---|
| Bilt Blue (this card) | $0 | 1x | 3x | 2x | No annual fee |
| Bilt Gold | $95 | 2x | 5x | 3x | 2x on rent, 5x dining |
| Bilt Black | $495 | 3x | 6x | 4x | 3x rent, lounge access |
For most renters, the Bilt Blue at $0/year is the right starting point. Upgrading to Gold ($95/year) makes sense if you pay $2,000+/month in rent and dine out frequently. See our fee analysis for the break-even math.