Factors On Mortgages

Bilt introduced that quickly their Bilt cardholders will be capable of earn factors on mortgage funds to any mortgage supplier. That is a part of the upcoming ‘Bilt Card 2.0’ launch and can launch on February 7, 2026.

This follows the announcement in July that Bilt is shifting issuers from Wells Fargo to Cardless and launching three card variations:

• No annual price
• $95 annual price
• $495 annual price

Card Transition Particulars

Key factors introduced as we speak:

• The brand new card launches on Feb 7, 2026.
• Current cardholders will be capable of choose one of many three card choices in early January 2026. There is no such thing as a onerous or gentle credit score pull while you swap over to one of many new card variations (and no must thaw your credit score reviews).
• You card quantity will stay the identical because it transitions to Cardless. Your autopay and subscriptions will stay seamlessly. Your digital wallets will stay saved seamlessly. Proceed utilizing your card as common. Your Bilt factors stay intact via the transition.
• After the brand new launch in February, factors shall be earned on mortgage funds too. Beforehand solely hire funds earned factors.
• Cardless is just not shopping for the backbook from Wells Fargo – you possibly can select to shut the Wells Fargo card in the course of the card transition or you possibly can preserve it and it’ll develop into a Wells Fargo Autograph Visa card with a brand new card quantity.
• Bilt card purposes won’t be obtainable after noon as we speak, 11/5/25, till the brand new launch on 2/7/26.

5/24 Have an effect on

Right here’s an vital level concerning the cardboard transition, as highlighted by astute Reddit customers. Because the new Cardless card is a model new account,  it’ll present up as a brand new bank card in your credit score report. There received’t be a credit score inquiry however there shall be a brand new account exhibiting. That’s an enormous hit for many who are delicate to their 5/24 depend. (It received’t matter for those who elect to shut out the outdated Wells Fargo card or retain it.)

Our Verdict

We’re seeing numerous Bilt information with the addition of Venmo funds, a new ‘Bilt Money’ rewards program, a GoPuff partnership, factors on choose mortgages, including Etihad factors transfers, doable upcoming Rakuten-Bilt factors incomes possibility.

And now we’ve got the joy over the flexibility to earn priceless Bilt factors on all mortgage funds. I might suggest tempering pleasure till the small print are introduced in January 2026 – we don’t know what the incomes fee shall be, what the cap shall be, or if the month-to-month spend requirement will change. 

I might guess that the premium $495 card will earn extra on mortgage funds than the bottom card. For instance, it could be that the bottom card will earn 1 level per $3 of mortgage funds, the $95 card will earn 1 level per $2, and the premium card will earn 1 level per $1. I don’t know, simply making an attempt to indicate the probabilities right here.