I have to say, I don’t pay rent(yet) but I use this card mainly for food purchases because of the 3x points. When I first got my card, there was some sort of “welcome” offer to get 5x points on purchases for about 5 days or so and rent day always doubles the regular multipliers. A few days ago, I also got this email about another promotion for 5x points for 60 days on Amazon purchases, food delivery, and phone/internet bills.
This card is going to be an immediate add to my wallet once I move rentals. It's such a powerful card with no annual fee. And the ability to transfer out to Hyatt makes it a really solid travel card tbh. Great video John!
My apt complex isn't a part of the bilt alliance and it still works. Bilt pays my apartment either online or sends a check. I also asked customer service and this method can technically be used to pay a landlord if you live in a house/condo
The company I work for had an Employee Appreciation Day and they left it to the Managers to put down a personal credit card to use (so they'd petty cash it back to them). The Employee Appreciation Day was also on BILT's Rent Day and we were at a restaurant. I got PHATT points for FREE. It was great. The points I got from that dinner will pay for 3 nights at a nice hotel on my next trip.
NOTE: TO GET THE POINTS FOR THAT MONTH YOU HAVE TO USE THE CARD 5 TIMES DURING THAT TIME. This is where I messed up when I first got this card I just paid my rent and that's it and NEVER got the points! Its easy to buy 5 things but its only mention in the bilt documentation.
I think,in theory, if you buy 5 ($25) Amazon gift cards to offset the Bilt requirement to earn points, then you should be able to redeem the Amazon gift cards to use against each amount - negating itself. Thus, we have a cycle of +125 and -125 alike to satisfy the card's requirement and not paying for it besides charges after this
I asked this on a recent poll. But I’m curious, if you’re renting what are you currently paying per month?! I saw report of NYC rents averaging $4,000 a month!
I’m paying $2550 for a studio in a new build apartment building in Orange County Ca. They are a Bilt property so I got the Bilt cc and so far I’m loving it.
Or you can use it for a business lease property. I know a few small business owners using it for paying their leases. Technically, you could have a check mailed to your mortgage company if you have a mortgage.
I got a Bank of America World Mastercard that lets me choose the category I want to 3x points on. I set it to 3x points on on-line purchases. Thats the one I use for any online purchases.
Ricardo -- do you mean you use the BofA MC to pay RENT ONLINE and you are getting 3x points for RENT?? (Asking because Citi does NOT categorize rent online as a "purchase" online) Thanks!
For car insurance, it's worth noting that the car rental insurance with the Bilt card is CDW, or Collision Damage Waiver only, and does not cover personal liability. It's good to get the personal liability coverage from the car rental company (or get a non-owner liability insurance elsewhere) to cover all your bases! Only calling it out because I learned it recently, after thinking all my car rental bases were covered with cards that gave primary CDW!
@@theeverydailyshow No, no cards cover personal liability. If you drive, you likely have an auto insurance that covers personal liability with rentals (check your own terms and condition)
They gave me 5x on all my purchases for 5 days from the day I opened my credit card, with max 50000 points. I took full advantage of the promotion as I had already planned for a large purchase :)
Btw if you're restricted by paying rent only via bank account or zelle and have a bilt Mastercard, you could get Bilt points added manually for prior rent payments, by contacting support
@@Weejee456 If you got the Bilt card at some point in the past, you could contact support and explain the constraint, and per their discretion they may give you rent points for months following the Bilt account opening. This is what worked for me, just did it 3 weeks ago (got points from March-July 2023)
Just got approved for $14k. One thing I did notice that I don’t like is the app doesn’t have Face ID security when you open it unlike every other banking app
So I had a question about Bilt with using the card for rent related purchases. Is parking included with that? I asked because I have to pay for parking where I live.
I heard from another video that primary car rental insurance does not apply for residents of New York but does it apply if I move to another state like Florida after I already have my card for a couple months?
Many UA-camrs only explain the benefits of the card. Don't mention in detail about how the setup process works. If it's just an explanation, we can understand it by looking at the terms and conditions of the website. I would like to see how to set it up and process the rent with the portal as step-by-step by UA-cam. If we can't visualize it, people will hesitate to apply for a card. The rent is several thousand dollars and cannot be delayed. So I think the setup process is very important. Please make it 🙏
John, Love your content! Q: Do you know a way that I can remove myself from the AMEX black list? In 2007, during bad times, AMEX closed my account. Recently, I applied twice with AMEX and got denied . The reason was that Amex closed my account back in 2007. My credit is excellent now in the higher tear 800. Any ideas? Thank you thank🙏
Hi John, thanks for the video! My daughter is going to college after summer. The private housing said they can take check or ACH as payment. Does that mean we can pay with BULT? Should we apply this card under our name or under my daughter's name? Thank you!
How many times can bilt cut me a check for rent a month? I am new to credit cards but I have the funds to pay. I don’t have enough credit line to pay my rent in full with one check. I live in Hawaii with rent being extremely high at 5500 a month. Can I get a check let’s say twice a month?
Additional to my rent payment, can I also get the reward points for my car loan payment without having the processing fees? I searched but didn't find an answer to that specific question. Thank you.
Yup, if you push all your bills (insurance, cell, cable, utility etc) to the first you get 2x back if you charge them to your card. For me that's an easy 4000-5000 in points a month if I don't do anything else, the fact I can transfer them to Hyatt and others, that is even more lucrative. YMMV, but I thought about getting the Venture X card for a catch all for the first of the month expenses, but BILT is fee free…
@@LK_EBM California. These expenses aren't even rent, they are normal bills. I happen to own 3 properties so it adds up. Rent is just 1x…. but anything on "rent day" doubles your points so it ends up being 2x.
@@MH_6160 my car insurance, cell and internet are like $350 a month so 700 points but I have 2-3x back from different cards for those and I can only pay utilities with my checking account and there is 3% fee for paying my taxes with credit card so still not sure
Hey John. I have a lot of marriott points and points on my chase sapphire card. How do you recommend I book a flight and hotel stay in ? Looking at all the transfer partners and possibilities can be kinda confusing when trying to think about what will give you the best value.
That's great to hear you've got the point stashed up, now the fun/hard part...using them haha. The best approach is figure out where you'd like to travel to. What class of flight, how many people. But destinations is a must. Once you have that just punch into google "best to travel to XX using XX points". There should be a ton of blogs that'll get you going. I personally really like Upgraded Points, best of luck!
Hey John, I'm hesitant on getting the Bilt card because I don't pay rent. I noticed you mentioned you don't pay rent either so how do you actually get value from it personally?
The big one is the points earn coupled with the ability to transfer to American Airlines for me. Stack on rent days this card is an easy one to keep in the rotation at no annual fee.
For the option "use points to PAY rent", what's the value of the points? Example rent $1,000 and used card 5x etc for a total of 1,500 points. Now what is that worth toward paying rent? Is that worth $1.50 off rent? Or maybe $5? Anyone know? Thanks!
Does anyone have any advice on how to turn Bilt denial into aproval ? Reason for denial states " To many inquiries or applications for credit(We look at how much new credit you may be taking out)".
I applied for this card on 1st march and they rejected my application. Will it get approve if I apply again? Nothing is changed much except my credit score is now slightly higher than previous.
I want to use Bilt, I usually pay my rent through Venmo. My Landlord has moved to Spain - how would I go about getting a ck to them without messing up my set payments according to my bi-monthly work deposits for bills , life , rent etc. - Hope you can understand that.....Not sure how to get a "check" to them without being late for rent? Thank you, John!
Great video! Could you in theory get bilt under a spouse and have them pay you “rent” via check to pay you for your mortgage and earn points? If you don’t rent can you get the points bonus on rent day?
No gas cashback on Bilt? Why not ? If WF instituted this one feature I would eliminate 1 Chase CC from my wallet in favor. Less competition -- better for WF.
Hi myself Bharath and i am from India and i do not have any credit card and credit score so am i eligible for this card and can i get this in India can anyone share anything that will be so much helpful thankyou
Bilt is trash. They have no live phone support. Wells fargo does but if anything goes wrong with your rent payment (which it will eventually) you can't reach anyone and it takes weeks to get it resolved. Canceled this card after 8 very frustrating months. Bilt has no respect for it's customers.
For those interested - check out the card here bit.ly/biltjft
I have to say, I don’t pay rent(yet) but I use this card mainly for food purchases because of the 3x points. When I first got my card, there was some sort of “welcome” offer to get 5x points on purchases for about 5 days or so and rent day always doubles the regular multipliers. A few days ago, I also got this email about another promotion for 5x points for 60 days on Amazon purchases, food delivery, and phone/internet bills.
This card is going to be an immediate add to my wallet once I move rentals. It's such a powerful card with no annual fee. And the ability to transfer out to Hyatt makes it a really solid travel card tbh. Great video John!
My apt complex isn't a part of the bilt alliance and it still works. Bilt pays my apartment either online or sends a check. I also asked customer service and this method can technically be used to pay a landlord if you live in a house/condo
The company I work for had an Employee Appreciation Day and they left it to the Managers to put down a personal credit card to use (so they'd petty cash it back to them). The Employee Appreciation Day was also on BILT's Rent Day and we were at a restaurant. I got PHATT points for FREE. It was great. The points I got from that dinner will pay for 3 nights at a nice hotel on my next trip.
Hahaha now THAT is an amazing stack!!!
@@johnsfinancetipsyes this is awesome
This is awesome
I’m soooo excited!!! I FINALLY got my Bilt credit card!!! 🎉🎉🎉🎉🎉 been building my credit scores and your videos have helped tremendously! Thank you 🙏
NOTE: TO GET THE POINTS FOR THAT MONTH YOU HAVE TO USE THE CARD 5 TIMES DURING THAT TIME. This is where I messed up when I first got this card I just paid my rent and that's it and NEVER got the points! Its easy to buy 5 things but its only mention in the bilt documentation.
Can it be through auto-pay stuff or does the card have to swipe?
@@510akland90 I believe it can be auto-pay stuff, just as long its used in the billing cycle
I think,in theory, if you buy 5 ($25) Amazon gift cards to offset the Bilt requirement to earn points, then you should be able to redeem the Amazon gift cards to use against each amount - negating itself. Thus, we have a cycle of +125 and -125 alike to satisfy the card's requirement and not paying for it besides charges after this
Is there an amount minimum because if I go to grocery store and buy five individual food items. Is that acceptable? Dead serious.
@@georgiamitchell7670 I don't think there's a minimum
Love your vids! Always trying to get more knowledge on credit!
Thank you and I’m happy to help!!
I asked this on a recent poll. But I’m curious, if you’re renting what are you currently paying per month?! I saw report of NYC rents averaging $4,000 a month!
I’m paying $2550 for a studio in a new build apartment building in Orange County Ca. They are a Bilt property so I got the Bilt cc and so far I’m loving it.
Or you can use it for a business lease property. I know a few small business owners using it for paying their leases. Technically, you could have a check mailed to your mortgage company if you have a mortgage.
I pay 3K per month in the Las Vegas area.
Thanx for talking about the alliance. This clarifies it.
Where's the link to employee discounts for renting cars? 🤔
Whoops. It should be up now!
I still can’t see the corporate codes from the link which you provided
@@pranavrekhas5136 You need to sign-up with your email for him to provide you with the codes...
I got a Bank of America World Mastercard that lets me choose the category I want to 3x points on. I set it to 3x points on on-line purchases. Thats the one I use for any online purchases.
Nice, I'm also a big fan of the customized cash from BoA!
Ricardo -- do you mean you use the BofA MC to pay RENT ONLINE and you are getting 3x points for RENT?? (Asking because Citi does NOT categorize rent online as a "purchase" online) Thanks!
@emc6511 unfotunately no. I don't pay rent online since I don't rent.
I have this card .. been liking it so far and getting points in rent ..
For car insurance, it's worth noting that the car rental insurance with the Bilt card is CDW, or Collision Damage Waiver only, and does not cover personal liability. It's good to get the personal liability coverage from the car rental company (or get a non-owner liability insurance elsewhere) to cover all your bases!
Only calling it out because I learned it recently, after thinking all my car rental bases were covered with cards that gave primary CDW!
So the card is not as special as proclaimed? That's a big gap in coverage.
@@theeverydailyshow No, no cards cover personal liability. If you drive, you likely have an auto insurance that covers personal liability with rentals (check your own terms and condition)
@@LK_EBM Exactly. JFT did not cover, hence big gap in coverage. Ha.
That’s a great call out! Thanks for keeping us updated on that!!
@@johnsfinancetips charmingly humble. There you go.
They gave me 5x on all my purchases for 5 days from the day I opened my credit card, with max 50000 points. I took full advantage of the promotion as I had already planned for a large purchase :)
That’s the way to do it! Was it recently??
@@johnsfinancetips yes, 2 weeks ago
Good video. Only remember that Amex platinum now have primary rental insurance with the option or benefit Primium car rental protection 😊
I have a couple of issues with BILT.
1. Can't get notifications when the card is used.
2. No virtual card number for online protection.
Bilt is one of my EDC cards for sure. Hopefully these benefits stay for the ling term. Thank John
Btw if you're restricted by paying rent only via bank account or zelle and have a bilt Mastercard, you could get Bilt points added manually for prior rent payments, by contacting support
Wait really? How do you go about that
@@Weejee456 If you got the Bilt card at some point in the past, you could contact support and explain the constraint, and per their discretion they may give you rent points for months following the Bilt account opening. This is what worked for me, just did it 3 weeks ago (got points from March-July 2023)
I wish Bilt would include mortgages as well. Hopefully one day soon🙏🏻
Yes please!
Exactly 💯 percent
I want car payments lol
Just got approved for $14k. One thing I did notice that I don’t like is the app doesn’t have Face ID security when you open it unlike every other banking app
Can I link my checking account to pay for my mortgage?
Is it possible to product change the wells fargo autograph or active cash to a bilt credit card? Great video❤
So I had a question about Bilt with using the card for rent related purchases. Is parking included with that? I asked because I have to pay for parking where I live.
I heard from another video that primary car rental insurance does not apply for residents of New York but does it apply if I move to another state like Florida after I already have my card for a couple months?
Can I use the card to pay for my daughter’s tuition, I mean will they cut a check to the school on my behalf( since they don’t take credit cards )?
Many UA-camrs only explain the benefits of the card. Don't mention in detail about how the setup process works. If it's just an explanation, we can understand it by looking at the terms and conditions of the website. I would like to see how to set it up and process the rent with the portal as step-by-step by UA-cam. If we can't visualize it, people will hesitate to apply for a card. The rent is several thousand dollars and cannot be delayed. So I think the setup process is very important. Please make it 🙏
Hey! Love the channel. Wondering if there’s any tips or tricks to use credit card towards homeowners or paying down the mortgage?
John, Love your content! Q: Do you know a way that I can remove myself from the AMEX black list? In 2007, during bad times, AMEX closed my account. Recently, I applied twice with AMEX and got denied . The reason was that Amex closed my account back in 2007. My credit is excellent now in the higher tear 800. Any ideas? Thank you thank🙏
I did search a lot but I didn’t got the discount code for hertz or other car rental company
For someone who does not have rent, or mortgage or any other payments besides CC debt, wondering how this card can help me.
Can I use this internationally? specially a country where the currency is euro?
Can i combine bilt points with chase points?
Hi John, thanks for the video! My daughter is going to college after summer. The private housing said they can take check or ACH as payment. Does that mean we can pay with BULT? Should we apply this card under our name or under my daughter's name? Thank you!
Could you use this for car payments, if not is there any cards that allow you to pay with a credit card
How can one pay mortgage with a credit card?
PS: Plastiq doesn't allow visa to be used for mortgage
Great video
Can I use bilt crdit card in canada
Does this card work for monthly HOA payments for a condominium building?
I have over 700 score credit and I have been declined twice for this CC, they argue that i don’t have long enough credit history
Can I use built protect to cover my rent (say $2,000) even if I am approved with a $1,000 limit?
How many times can bilt cut me a check for rent a month? I am new to credit cards but I have the funds to pay. I don’t have enough credit line to pay my rent in full with one check. I live in Hawaii with rent being extremely high at 5500 a month. Can I get a check let’s say twice a month?
What does this do for home owners?
Does paying rent count as one of your 4 required purchases for the month?
Hey John, thanks for the video. Does this mean, I could technically pay my mortgage with this card and earn points that way?
nope, not mortgages...at least not yet
Wait how do I use bilt point directly book air ticket without transferring?
Additional to my rent payment, can I also get the reward points for my car loan payment without having the processing fees? I searched but didn't find an answer to that specific question. Thank you.
I was going to apply for chase freedom student as my first card but it doesn't exist anymore??? What should I do now?
you can jump on the new Chase card the Freedom Rise I believe
@@johnsfinancetips Awesome, thanks for the response! I'll check it out 🤙
i know this card works for rent but does it work for mortgage?
I just get approved for 7k I guess is a good deal, hopefully those rewards works good
congrats and enjoy the card!!
John... does this card makes a sense if you don't pay a rent, have Gold Card for 4x groceries and 4x dining 3x for airlines and CPS 2x travel?
Yup, if you push all your bills (insurance, cell, cable, utility etc) to the first you get 2x back if you charge them to your card. For me that's an easy 4000-5000 in points a month if I don't do anything else, the fact I can transfer them to Hyatt and others, that is even more lucrative.
YMMV, but I thought about getting the Venture X card for a catch all for the first of the month expenses, but BILT is fee free…
@@MH_6160your bills costs $2-3k? Where do you live?! Also, I thought "rent" payments don't get 2x on the first.
@@LK_EBM California. These expenses aren't even rent, they are normal bills. I happen to own 3 properties so it adds up.
Rent is just 1x…. but anything on "rent day" doubles your points so it ends up being 2x.
@@MH_6160 my car insurance, cell and internet are like $350 a month so 700 points but I have 2-3x back from different cards for those and I can only pay utilities with my checking account and there is 3% fee for paying my taxes with credit card so still not sure
I heard in the credit card subreddit that Bilt works for HOA fees. I shall see.
If your not using this card for rent is it better to get the world of hyatt credit card?
Does Bilt earn with mortgage & rent or just rent?
This is helpful.
Im really thinking of getting this card, but concerned about the credit lines. Any ideas?
Can i pay utilities via check?
All of my transactions from the BILT card on my first week of using it had 5X points earned. I guess you call that a sign-up bonus.
First like and comment
Second comment and like
3rd comment and like 😊❤
@@ImStillStealingSteel 444
Let’s go!!
I been wanting the BILT CARD but always get denied 😭
My Apartment now uses Bilt which has been awful it just adds another entity to meet rent scrutiny...
Can I use this for Business Rent too?
Unfortunately no :(
Hey John. I have a lot of marriott points and points on my chase sapphire card. How do you recommend I book a flight and hotel stay in ? Looking at all the transfer partners and possibilities can be kinda confusing when trying to think about what will give you the best value.
Do your research. Figure out where you want to go, when, and where you want to stay. Then work backwards to accumulate the points to pay for it.
That's great to hear you've got the point stashed up, now the fun/hard part...using them haha. The best approach is figure out where you'd like to travel to. What class of flight, how many people. But destinations is a must. Once you have that just punch into google "best to travel to XX using XX points". There should be a ton of blogs that'll get you going. I personally really like Upgraded Points, best of luck!
I took a cruise on my Chase points last year. If you do that use points to cover your housekeeping and tips too!
Hey John, I'm hesitant on getting the Bilt card because I don't pay rent. I noticed you mentioned you don't pay rent either so how do you actually get value from it personally?
The big one is the points earn coupled with the ability to transfer to American Airlines for me. Stack on rent days this card is an easy one to keep in the rotation at no annual fee.
Would you recommend Bilt if you are not a renter?
If you plan to travel yes. This is still offering elevating earnings on dining and travel
No. You don't get the main selling feature (earn points for rent). Get a card with a sign up bonus instead
Does it work to pay your mortgage too
Unfortunately not…yet
For the option "use points to PAY rent", what's the value of the points? Example rent $1,000 and used card 5x etc for a total of 1,500 points. Now what is that worth toward paying rent? Is that worth $1.50 off rent? Or maybe $5? Anyone know? Thanks!
Found the answer. 1 point = half of 1 cent. So example $1,000 rent get 1,000 points equal $5 if redeemed toward paying rent.
Does anyone have any advice on how to turn Bilt denial into aproval ? Reason for denial states " To many inquiries or applications for credit(We look at how much new credit you may be taking out)".
Hey John,
How does it work if I am paying rent with venmo?
Great question, you can just use your Bilt account info through Venmo and it should still count! Hope that helps
Can we pay mortgage, insurance, and taxes with this card?
as of now, not yet sadly : (
It looks like my landlord needs to be part of a membership group, is that correct?
Definitely an amazing card when used right!
Hey John,
Can I pay rent to Zillow with bilt card and earned points?
Does bilt covers zillow transaction charges?
Thanks in advance
If Zillow accepts bank account then yes you can pay with bilt
I applied for this card on 1st march and they rejected my application.
Will it get approve if I apply again? Nothing is changed much except my credit score is now slightly higher than previous.
Love ya as a fellow Asian, muah
Does the Bilt card grow your credit
yes it does and also reports your rent to further help grow your credit
what if you're just paying rent as zelle to your relative? Would that work?
I want to use Bilt, I usually pay my rent through Venmo. My Landlord has moved to Spain - how would I go about getting a ck to them without messing up my set payments according to my bi-monthly work deposits for bills , life , rent etc. - Hope you can understand that.....Not sure how to get a "check" to them without being late for rent? Thank you, John!
Hey, you could set up your check payments one week in advance. That way, the check arrives on time when your rent is due.
Great question Melissa. Bilt also works via Venmo, so if you're still sending money that way then it should work out!
@@johnsfinancetips Thank You so much !!
Great video! Could you in theory get bilt under a spouse and have them pay you “rent” via check to pay you for your mortgage and earn points? If you don’t rent can you get the points bonus on rent day?
Haha I like where your heads at! But if you did that you would be on the hook to pay taxes on on the “rent” collected from your spouse
@@johnsfinancetips thank you for coming back. Do the multipliers work on the 1st of the month if you do not use bilt for rent? Please
I wonder the same..
@@pateldeepen1985 yes, just make sure to use card 5 times a month and you'll still get the multiplers
No gas cashback on Bilt?
Why not ?
If WF instituted this one feature I would eliminate 1 Chase CC from my wallet in favor.
Less competition -- better for WF.
Can I pay my brother’s rent with this card ? I’m a home owner…..
That’s not primarily coverage!!!!
Exactly…It does not make sense!
Hi myself Bharath and i am from India and i do not have any credit card and credit score so am i eligible for this card and can i get this in India can anyone share anything that will be so much helpful thankyou
How many owners of the BILT card are dealing with miscellaneous fraudulent charges across their accounts? I have read alot of reddit posts about this
The biggest downside of this card: it's issued by Wells Fargo. 🤢
This card sucks. They couldn’t very my ID despite me getting approve for venture X that same day.
This is just irresponsible financial advice.
What’s your favorite first class flight?
Why? Please explain.
Bilt is trash. They have no live phone support. Wells fargo does but if anything goes wrong with your rent payment (which it will eventually) you can't reach anyone and it takes weeks to get it resolved. Canceled this card after 8 very frustrating months. Bilt has no respect for it's customers.
Eh another one😂
Hey
Hi
@@johnsfinancetips hey john love you videos in high school
@@johnsfinancetips My dad has first tech and zolve card and got the gold card from amex after watching your videos what card should he get next?
Why do you credit guys all use the finger over the mouth thumbnail it drives me crazy!!!
cmon this bilt content is getting stale!
Next up... Great side gigs that you can start today!
Or maybe he'll finally share with us the Amex Gold's super powers...
Firstn't
I genuinely can't trust this because it's paid advertising >:(
I actually stayed at Secrets Moxche with my CSP and it was so amazing I really can't wait to go back.
Isn’t it such an amazing property. Especially for the value from points!
@@johnsfinancetips yeah I got lucky and booked it when it was 21k points per night, ended up doing 4 nights and it was a dream
Lol depends on the company. Some car rental companies will screw you if you deny their insurance
🥱🥱🥱😴😴😴