Really! Get Travel Rewards for Rent Payments

With the BILT credit card, get travel rewards on rent payments. This is a new kind of card, but it's legit.

A happy young man in a modern apartment smiles, holding a credit card with his laptop open.
(Image credit: Getty Images)

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Rates and fees checked as of March 20, 2024.

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BILT Mastercard®

The BILT Mastercard from Wells Fargo rewards you with one point per dollar on rent payments (up to 100,000 points each year), and you bypass the transaction fees that usually apply when you pay rent with a credit card. 

If you enable BiltProtect, your rent payments are drawn directly from your linked bank account, and you earn points on the payments without using your available credit. Keeping your credit line clear of rent payments can help lower your credit-utilization ratio (the amount of available credit that you use), and that’s good for your credit score. Plus, this feature ensures that you won’t carry a balance resulting from your rent payments on the card from month to month, racking up interest. 

You also earn three points per dollar on dining, two points on travel and one point on other purchases. You must make five purchases with your card each month in order to earn rewards points. The BILT card is especially valuable for its flexible redemptions. You can transfer points that you earn with it on a one-to-one basis to 16 different transfer partner programs, including those of American Airlines, Marriott Bonvoy, United Airlines and World of Hyatt. 

If you’d prefer to redeem your rewards toward a down payment on a property, points are worth 1.5 cents each.

  • Top rewards rate: Three points per dollar on dining.
  • Other rewards: Get two points on travel, one point per dollar on rent payments (up to 100,000 points each year), and one point on other purchases.
  • Required spending: You must make at least five transactions using your card in one month to receive rewards.
  • Redemption: Transfer points that you earn with it on a one-to-one basis to 16 different transfer partner programs, including those of American Airlines, Marriot Bonvoy, United Airlines and World of Hyatt. Or you can redeem your rewards toward a down payment on a property, in which case points are worth 1.5 cents each.
  • Rent Day bonus: On the first of each month, or "Rent Day," the card will double your rewards, in addition to the one point you receive for paying rent. So, instead of getting three points on dining purchases, you get six points for every dollar you spend on that day, and so on. The card also offers a surprise benefit each Rent Day, such as transfer bonuses to airlines or extra points for purchasing sporting event tickets.
  • Bonus for linking loyalty programs: Link your BILT rewards account (via the app) to one of your travel partner loyalty plans and get 100 BILT points for each program.
  • Trip cancellation, interruption and delay insurance. Get up to a maximum of $1,800 for a trip delay. Get up to $5,000 for non-refundable fares booked with your card.
  • Cellphone protection: Get up to $800 to repair or replace a damaged or stolen phone. You may file up to two claims per year.
  • Sign-up bonus: None
  • Annual fee: None.
  • Foreign transaction fee: None.
  • Interest rates: 21.49%, 24.49%, or 29.49% variable APR.

As an independent publication dedicated to helping you make the most of your money, the article above is our view and is not the opinion of any entity mentioned such as a card issuer, hotel, airline, etc. Similarly, the content has not been reviewed or endorsed by any of those entities. 

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Ellen Kennedy
Personal Finance Editor,

Ellen writes and edits personal finance stories, especially on credit cards and related products. She also covers the nexus between sustainability and personal finance. She was a manager and sustainability analyst at Calvert Investments for 15 years, focusing on climate change and consumer staples. She served on the sustainability councils of several Fortune 500 companies and led corporate engagements. Before joining Calvert, Ellen was a program officer for Winrock International, managing loans to alternative energy projects in Latin America. She earned a master’s from the U.C. Berkeley in international relations and Latin America.