How to apply to Wells Fargo Bilt Mastercard Credit Card

Charge your monthly rent, earn points, and offset your biggest expenses with this $0 annual fee card made for the modern cardholder.

The Bilt Mastercard is reshaping the credit card rewards landscape with an outside-the-box approach tailored to renters and travelers. Issued by banking giant Wells Fargo in partnership with loyalty platform Bilt Rewards, it marks the first credit card that enables cardholders to pay rent and earn rewards without incurring extra transaction fees.

Benefits of Bilt Mastercard

The Bilt Mastercard offers some excellent benefits for the users. Below mentioned are the key benefits that you can get.

• Earn points on monthly rent payments – a category not typically eligible for rewards;
• 3X points on dining purchases;
• 2X points on travel purchases;
• 5X points on Lyft rides;
• Bonus points on “Rent Day” (1st of each month);
• No foreign transaction fees;
• Primary rental car insurance included;
• Points transfer 1:1 to airline/hotel partners.

Prerequisites

To qualify for approval for the Bilt Rewards World Elite Mastercard, you’ll need a credit score in the good to excellent range – generally 650 and higher. The recommended credit score that offers the best approval odds tends to be around 700 based on applicant data.

Like most rewards credit cards, especially those affiliated directly with a major bank like Wells Fargo, the Bilt card wants to see responsible credit usage and on-time payment history reflected in your credit reports and scores. This gives assurance that you can handle ongoing credit responsibility.

Key aspects of your credit profile that the Bilt card issuer will review closely tie back to the Five C’s of credit – capacity, capital, conditions, collateral and character. Usage rates, average age of credit accounts, derogatory marks, and recent applications all play a role in the approval process.

About Wells Fargo

With over $1.9 trillion in assets, Wells Fargo ranks as one the largest banks in the United States and a pillar within the financial industry thanks to its diversified array of banking and lending products.

Originally founded as a small banking and express company in 1852 during the California Gold Rush era, Wells Fargo played an integral role helping pioneer the early banking system out west at a time when few other institutions had ventured beyond the Mississippi River.

Over the past 170+ years, Wells Fargo has leveraged that western spirit and enterprising beginnings to grow exponentially in size, scope, and capabilities – establishing itself as one of the most widely recognized and respected financial brands across America.

Today, Wells Fargo provides traditional banking, investment advisory, retirement planning, lending, credit, and more to tens of millions of retail and commercial customers. It operates over 5,000 branch bank locations plus robust digital banking services to serve communities coast-to-coast. Wells Fargo also prioritizes corporate citizenship through programs focused on housing affordability, financial health, and environmental sustainability.

By partnering with Bilt Rewards in launching the specialized Bilt Mastercard, Wells Fargo is continuing its legacy of innovation – this time modernizing rewards for the exploding class of renters and travelers.

Who is this Card for?

With benefits catered specifically to renters and travelers, the Bilt Mastercard is an excellent fit for:

• Renters: the core value comes from earning points on rent payments. This category is typically ineligible for credit card rewards programs;
• Potential Homebuyers: bilt points can be redeemed towards a future down payment on a home. This provides a structured way to save;
• Occasional Travelers: though optimized for rent, bonus categories on dining/travel and 1:1 airline/hotel transfers bring nice perks for travelers too;

The Bilt card does require good to excellent credit (650+ score) to qualify. So, it’s best suited for those with established credit history rather than those just starting to build credit.

How to Apply

Applying for the Bilt Mastercard is quick and easy:

1. Go to the official Bilt card application page at here;
2. Click “Apply Now” and fill out the secure application with your personal details. This includes info like your name, address, date of birth, Social Security Number, and income;
3. Enter your employment details and review your information to finalize submission;
4. In 1-2 weeks, you’ll receive a decision by mail from Wells Fargo on your application status. If approved, you can activate your new card as soon as it arrives;

You can also download the Bilt Rewards app (iOS/Android) to manage your account, track rewards, and access exclusive offers.

PRESS HERE TO ACCESS THE WELLS FARGO BILT WEBSITE

Positives and Negatives

The Bilt Mastercard comes stacked with valuable benefits that make it a standout for renters and travelers. You can earn points on monthly rent payments without processing fees — a one-of-a-kind feature that unlocks huge savings on your biggest expense. The card also brings nice perks for dining, travel, ride shares, and monthly “Rent Day” bonuses to accelerate rewards. Then, points transfer 1:1 to major airline and hotel programs to lower the cost of upcoming trips.

On top of that, the Bilt card packs cell phone protection, car rental coverage, and zero foreign transaction fees into a $0 annual fee package. For such a specialized offering, it brings a ton of flexibility.

However, there are some drawbacks to note. With no signup bonus and the requirement to use the card 5+ times per billing cycle, the Bilt card may underwhelm general consumers looking to maximize rewards. Renters get the most value since they can capitalize on 1% back on housing costs. Plus, the high 15.99%-29.99% variable APR makes carrying any balances rather costly.

How to Unlock the Bilt Card

Once you receive your new Bilt Mastercard in the mail, unlocking it quick and easy:

1. Call the number on the back of your card (1-800-869-3557) to activate it and set your pin. This automated system is available 24/7;
2. You may be asked some identity verification questions before being able to access your new account;
3. After activation, sign in to your Bilt Rewards account and set up any preferences like paperless statements, autopay, and more;
4. Make your first purchase or rent payment by dipping the Bilt card into payment terminals with the chip side first. Charges should process smoothly right away.

PRESS HERE TO DOWNLOAD THE WELLS FARGO BILT MASTERCARD MOBILE APP ON IOS

PRESS HERE TO DOWNLOAD THE WELLS FARGO BILT MASTERCARD MOBILE APP ON ANDROID

Fees & Rates

• Annual Fee: $0
• APR: 15.99% – 29.99% variable
• Foreign Transaction Fee: none
• Balance Transfer Fee: up to $10 or 5%, whichever is greater
• Late Payment Fee: up to $40
• Overlimit Fee: none

While there is no annual fee, the Bilt card APR can reach nearly 30% – making it critical to pay your balance off each month. Late payments also trigger fees around $40 typically. Read all rates/fees details on the Wells Fargo site.

Customer Service

Contact Bilt Customer Support and Account Services:

• By Phone: 1-800-869-3557;
• Online Chat: Chat live via the Bilt App;
• Email: help@biltrewards.com;
• Website: access by tapping here.

The Bilt Rewards app also includes messaging to instantly connect with support staff for inquiries.