Bilt Card 2.0 Coming in February with Points for Mortgages

Bilt Rewards plans to launch its new suite of credit card products on February 7, 2026.

The launch, which the company refers to as Bilt Card 2.0, will add two credit cards with an annual fee to the Bilt lineup, which historically has offered a single no-annual-fee card. All three cards are expected to allow users to earn Bilt Points on both rent and mortgage payments.

As of November 5, 2025, Bilt is no longer accepting applications for its no-annual-fee card, the Bilt World Elite Mastercard® Credit Card.

Here’s everything you need to know about the upcoming changes.

Bilt Card 2.0 timeline

Not much is known about the upcoming suite of Bilt cards, beyond the fact that there will be three cards with a $0, $95 or $495 annual fee.

Earning rates and benefits have not yet been shared, but it is known that Bilt will be ending its relationship with Wells Fargo and partnering with the Cardless platform instead.

» Learn more: Bilt announces new three-card portfolio

Bilt says it plans to release more details about the cards in early January. At that point, existing Bilt cardholders will be able to select which of the three options they want to move forward with. Bilt will conduct a soft credit pull, which doesn’t impact your credit score the way a hard inquiry would.

If approved, cardholders are expected to receive their new cards in time for the February 7, 2026, switchover. They’ll also be able to transfer the balance to the new account, subject to approval.

Bilt is billing this move as a “seamless transition.” Card numbers are expected to stay the same, meaning you won’t need to update your saved payment methods for merchants or subscriptions. If you use a digital wallet like Apple Pay or Google Pay, your Bilt card should auto-update without any additional work on your part.

Bilt unlocks points for mortgage payments

Bilt has long been known for its ability to let customers earn points on rent payments. Now, they’re extending that capability for Bilt cardholders to mortgage payments, regardless of the mortgage lender.

That’s a big deal for the platform, which has primarily been attractive to renters. By expanding to homeowners, Bilt will have the opportunity to reach a larger audience than it has in the past.

However, much remains to be seen about the new opportunity to earn points for mortgage payments.

Bilt says you will be able to earn on “eligible mortgage payments,” so it’s possible there may be some exclusions. It’s also unknown how many points cardholders will earn on these payments.

Previously, the company announced that Bilt members would be able to earn points for on-time mortgage payments with United Wholesale Mortgage, the country’s largest mortgage lender.

What if I don’t want a Bilt Card 2.0?

Existing Bilt cardholders can continue to use their current card through February 6, 2026.

If they decide not to move forward with a Bilt Card 2.0 product, they can choose to close their Wells Fargo account or change their Bilt card to a Wells Fargo Autograph® Card, which will come with a new card number.