Basically, by just paying my $2,500/m in rent on this card, I'm getting the point equivalent of maxing out Freedom Flex bonus categories every quarter, if you do the math. With none of the hassle or extra spend. Only thing to complain about is that I have to pay rent in the first place.
I have the bilt card as I'm still renting. I think its still a great card to get due to their 2x promotions first of each month. I now treat the first of each month as a "celebration" for the more fancier meals at 6x multiplyers. I found Hyatt as generally the best transfer case as I always find around 1:2.5 CPP so overall a great pickup from me :).
@@DZtoUSA Yea so far there seems to be no issues, just make sure you rack up 5 transcation per month (usually on dining for the 3x) but feel free to buy small things as well!
🏢 I honestly believe this card is gonna change the credit card game. Hopefully if anything it pushes the bigger lenders to add rent/mortgages to some of their cards. Although they've been having issues, I do believe in the product as a whole, so I'm excited to see what comes from it.
I'd love to get this card but i am very worried about the fraud reports that so many have talked about. So many people have reported having immediate fraud transactions before even receiving the card. They need to beef up their security before I'll consider it.
This happened to be just a month after getting the card, back around New Years, but I will say on Wells Fargo's behalf, they were the ones who notified ME about the fraud, almost right away, and replaced my card immediately too (expedited 2 day shipping). Customer service was extremely good/easy through this and I haven't had any issues after. They comped me a lot of bonus points too for the trouble. After 3 months of paying rent I'm already 11,000+ in points. They give you a lot of free bonus points for quiz challenges on the 1st of each month too, it's kind of a fun fresh experience for a credit card. I still recommend.
I just picked up the card and it's great. I plan to be renting for a while, so it made total sense to pick up this card to take advantage of the fact that I can now earn points on rent. What's nicer is that rent is split between me and my girlfriend, so she just venmo's me her half and I pay the whole thing from there.
sebby, i love the way you compare x vs xx in a clear way for people like me to understand whether a card would be a good fit for me or not. thanks much for sharing your knowledge
🏢 This is a no-brainer if you are renting and already have all the chase cards so you don't worry about 5/24. It's basically free points every month. Plus they have AA as transfer partner which is very rare.
I'm considering getting it in order to get points out of my rent that I couldn't get any other way. Plus I think the rent will be better recognized by the credit reporting agencies more this way. As far as the other 4 transaction needed monthly it's easy to do 4 of my subscriptions on the card.
🏢 Hopefully this card doesn't eventually get downgraded. Still way under 5/24, or this would be a pretty hi-pri pick up! I do wonder when they'll add mortgages though, given there's been some hinting.. Also, "spend cash for economy, and save points for business/first" - spot on!
this is the most niche card there is. the fact that they will write a check for rent is the draw. for everything else (excepting the minimum 4 other charges) i use other cards, which will give me more value. the points for rent i pay on this card with no additional fees, i get from no other card. it's a BONUS that i would not have otherwise.
🏢 I am currently 4/24 including getting the Freedom Unlimited and Bilt in the last month. My rent is about 2K but I also know I can just take a month off of bilt to pay for rent with my CSP to hit the SUB. Seems I’m just early enough to mostly benefit and perhaps only lose out on the Freedom Flex until next year. Not a big deal as I have Iriving Debit for gas ~10 cents back per gallon and working on the Amex gold sub right now that I got as a soft pull from previously getting the BCE. Great video!
Hi Sebby, thanks for the review of this card. I got it several months ago and I love it because I can use it to pay rent. I also love the double points on the 1st of the month and the fill in the blank games. I know...not really useful haha but fun. 🏢
🏢 I use the Bilt when i'm not working through other SUBs. The rent/dining purchases/cell phone payment will allow me to top off hyatt points - ultimately adding basically one free night per year.
I did know about this card before via reddit but I was waiting for Sebby to do a video about it before applying. According to Reddit some people have been having trouble with getting the points back or other issues. Then I checked this channel and there was no video about it. So I decided not to apply. I trust Sebby. Usually he puts the interests of his viewers over pushing for random products. So I thought if he hadn't done a video on it, BILT must be a bad product. 😅 Now that there is a video, this is going to be on my list. Thanks for the work you do Sebby! I always use your affiliate link to support your channel. Keep up the great work!
I'm confused as to why you suggest people might want to use their spend on another card for rent when the BILT is the only card that you can use for rent?
Many apartments accept credit cards with a fee like 3%, and people take that option when they want to use rent to hit sign-up bonuses quicker than with their normal spending. They pay the 3% extra on purpose knowing that the sign-up bonus will return >10% of their spend and make it worth it.
This feels doable to set bills to- First of the month 2x points isn't bad for utilities, and if I happen to already eat out on the 1st I guess that is a bonus
for economy flights, is it generally better to pay cash prices? The redemption rates via points generally does not seem great but I am sitting over 1.5mil points
Generally it’s not as good as business and first but you can find pretty good value on international economy still e.g. (NYC->Tokyo is 70k round trip nonstop on United)
I am currently gardening now but once I am done I am thinking about getting this card. I am also hoping they will have added mortgage payments by then. If not and I get this card, couldn't I still use it to pay my mortgage with a 3rd party like Plastiq?
I am getting it for 2 main reasons. 1. Allows me to avoid paying a fee because my place they charge 3% fee for cards. 2. Cell phone insurance It is a no brainer unless you trying to pay that hefty 3% fee every month
I was extremely surprised at how limited the travel categories are, so beware. Trains, buses, travel agencies, and many other travel related expenses don't count for bonus points! But, I only got Bilt for an easy 30k points per year on my rent payments.
🏢 Like the redemption examples at the end! Kindof not related, but do you have any recommendations for economy flights to Europe with travel partners? I've used Flying Blue (KLM) in the past but wondering if there are any other good travel partners from either chase, capital one, or AMEX. Thanks!
Huh. My apartment offers the Bilt card but didn't think much of it; we can also use other credit cards for rent but they changed it from a fixed fee (which was a steel) to a 3% fee which makes less sense to use cards.
🏢 Thanks for the review, agree that's it's probably not worth a 5/24 spot for most people. On a side note though, how did you find availability for calala island? Tried looking at a bunch of upcoming dates and everything shows up as unavailable, even for off-peak times :/
🏢 As long as you're not looking at Chase cards or need to meet spend for SUB for another card, then this card is a no-brainer. Do points to transfer partners transfer immediately??
Could you make videos deep diving into using airline miles.. i.e. using Virgin or Flying Blue to book Business class delta. I can never seem to find the flights. Thanks. Also I live in SF and it would be cool if you did meet up’s to share knowledge
Hey Sebby, 🏢 🏢 🏢 If I redeem my chase rewards points via the portal, will I get the same perks as if I bought a ticket using my reserved card? Meaning do I get delay coverage?
Can I use the card to pay my daughter's rent? It's just under $900 a month but I don't get any rewards for paying it now. Would there be a better option out there?
I'm a recent player to this credit card game to earn points for traveling. Since I used to pay for my kids to travel with me, it's time for them to start earning their keep. I started them early as soon as they were able to get a credit card and added them as authorized users on my accounts, so they have great credit scores. Daughter in college pays rent for apartment, but can you pay private owner rent?. We want to take a family trip to Asia, so what would be the fastest way to earn miles? Chase trifecta?
🏢 right now as a college student i have the chase freedom unlimited, apple card and amex delta skymiles blue card. I am going abroad so I looking to apply for the capital one savor card, and when I get back from my abroad trip apply for citi custom cash card as my gas card and the bilt card. I think for my with the chase I will complete my chase trifecta later since I am not in a rush. What do you think of this Sebby?
I've been using it for over a year to pay rent with and have accrued over 30k points just from that. I have a roommate that pays me his portion in cash, then I pay the full amount and get all the points. Are they going to update this card so that is has tap to pay....what the heck man, even the worst cards have tap.
Bldg emoji (imagine, bcuz not showing up on YT app!) I’ve listened twice, but never heard so have to ask🤦🏻♀️ Which Credit Bureau does Bilt pull when applying?
(based off how annoying they are with velocity) High Priority: Venture X, Savor/SavorOne Mid Priority: Citi Premier, US Bank Altitude Reserve, BofA Alaska (good for aspirational)
Too many issues being reported with this card, for ex fraud is very high when opening this card or the money order not being sent out to the landlord. I was close to applying but I did my research.
🏢 If they add mortgages this is a OP card. They keep saying stay tuned on their Reddit when asked about mortgages. Also for those who travel this card doesn't have contactless payments which is a pain to use in Europe and Asia.
@@MattClausen No, you can add it to NFC based payment apps and use it contactless. On the flipside, it is a metal card so feels very premium when used in the conventionally style.
I mean, I have a nice metal card that is nerfed for using it as a metal card; just because it’s fun and medal, doesn’t mean you use it for the sake of using it as a metal card.
I don’t understand why travel hackers count pennies in dollars. 😂🤣 do you count miles in feet? It’s not just you it’s like 95% of travel hackers and it’s weird. I think I might start counting flights of stairs in number of steps. 😂😂. Love you. Just messing.
@@kevinManhattan Haha, if I was using an AI, then it would take out the fun of racing to comment, and hopefully be first, haha :) So no AI, literally clicking asap when the notification squad get that's new Sebby video notification 😄😄
🏢This card would’ve been perfect for me until this year. I make $1M/year and was paying $100k/year in rent in a high-cost-of-living city, but now I’m moving in with my parents to get more help with the little ones (so my new rent will be $0).
💳 Learn more about Bilt: www.asksebby.com/go/bilt
Basically, by just paying my $2,500/m in rent on this card, I'm getting the point equivalent of maxing out Freedom Flex bonus categories every quarter, if you do the math. With none of the hassle or extra spend. Only thing to complain about is that I have to pay rent in the first place.
I have the bilt card as I'm still renting. I think its still a great card to get due to their 2x promotions first of each month. I now treat the first of each month as a "celebration" for the more fancier meals at 6x multiplyers. I found Hyatt as generally the best transfer case as I always find around 1:2.5 CPP so overall a great pickup from me :).
Hello, may i ask if you are paying several months without any issues? I’ve heard some terrifying stories
How do you pay the bilt card? Could you go to a Wells Fargo bank and pay? Or do you need a Wells Fargo account?
@@DZtoUSA Yea so far there seems to be no issues, just make sure you rack up 5 transcation per month (usually on dining for the 3x) but feel free to buy small things as well!
@@ThuyHoNYC Once you set up your account, you can link your card to any bank account, chase, wells fargo, etc. and make payments there.
I applied after watching this video, just received it.
The unboxing experiences absolutely amazing!!
🏢 I honestly believe this card is gonna change the credit card game. Hopefully if anything it pushes the bigger lenders to add rent/mortgages to some of their cards. Although they've been having issues, I do believe in the product as a whole, so I'm excited to see what comes from it.
🏢 I’m going to skip on this card for now… but might reconsider if they add mortgage payments as a rewards category.
I'd love to get this card but i am very worried about the fraud reports that so many have talked about. So many people have reported having immediate fraud transactions before even receiving the card. They need to beef up their security before I'll consider it.
I’ve seen these anecdotally as well
This happened to be just a month after getting the card, back around New Years, but I will say on Wells Fargo's behalf, they were the ones who notified ME about the fraud, almost right away, and replaced my card immediately too (expedited 2 day shipping). Customer service was extremely good/easy through this and I haven't had any issues after. They comped me a lot of bonus points too for the trouble. After 3 months of paying rent I'm already 11,000+ in points. They give you a lot of free bonus points for quiz challenges on the 1st of each month too, it's kind of a fun fresh experience for a credit card. I still recommend.
🏢 Too bad it doesn't work for mortgages.
They said they may add it in on their reddit page.
I think that's the next step in
Unofficially you can with the account and ACH details and have them push out the payment to your loan servicer
Amex checking is close. Needs more improvements
I tried paying my mortgage, but I got a warning email from bilt
I just picked up the card and it's great. I plan to be renting for a while, so it made total sense to pick up this card to take advantage of the fact that I can now earn points on rent. What's nicer is that rent is split between me and my girlfriend, so she just venmo's me her half and I pay the whole thing from there.
sebby, i love the way you compare x vs xx in a clear way for people like me to understand whether a card would be a good fit for me or not. thanks much for sharing your knowledge
I appreciate that!
🏢 This is a no-brainer if you are renting and already have all the chase cards so you don't worry about 5/24. It's basically free points every month. Plus they have AA as transfer partner which is very rare.
I'm considering getting it in order to get points out of my rent that I couldn't get any other way. Plus I think the rent will be better recognized by the credit reporting agencies more this way. As far as the other 4 transaction needed monthly it's easy to do 4 of my subscriptions on the card.
The Wells Fargo association keeps me away from even looking up this card
My college student got this card. The rent piece is great for him. I have to make sure he knew about the travel points. Thanks for the video.
🏢 Hopefully this card doesn't eventually get downgraded. Still way under 5/24, or this would be a pretty hi-pri pick up! I do wonder when they'll add mortgages though, given there's been some hinting.. Also, "spend cash for economy, and save points for business/first" - spot on!
this is the most niche card there is. the fact that they will write a check for rent is the draw. for everything else (excepting the minimum 4 other charges) i use other cards, which will give me more value. the points for rent i pay on this card with no additional fees, i get from no other card. it's a BONUS that i would not have otherwise.
🏢 I am currently 4/24 including getting the Freedom Unlimited and Bilt in the last month. My rent is about 2K but I also know I can just take a month off of bilt to pay for rent with my CSP to hit the SUB. Seems I’m just early enough to mostly benefit and perhaps only lose out on the Freedom Flex until next year. Not a big deal as I have Iriving Debit for gas ~10 cents back per gallon and working on the Amex gold sub right now that I got as a soft pull from previously getting the BCE. Great video!
Hi Sebby, thanks for the review of this card. I got it several months ago and I love it because I can use it to pay rent. I also love the double points on the 1st of the month and the fill in the blank games. I know...not really useful haha but fun. 🏢
🏢 Bilt really has changed the game especially for renters. Excited to see if/when bigger issuers release a competitor card.
It would make the Amex Platinum less of a coupon book and a way stronger card…
Especially if they did uncapped rent or 2x points on Rent.
🏢 I use the Bilt when i'm not working through other SUBs. The rent/dining purchases/cell phone payment will allow me to top off hyatt points - ultimately adding basically one free night per year.
Hi Sebby What s your top 5 most luxury hotels in the world that you can book with points?
If this card worked for mortgages and rent then it would be a must-have card for sure. Mortgages seems to be the one thing it's missing
Rumor is that it's coming soon (per reddit) 👀
@@AskSebby if it does the mortgages and rent I'll definitely have to add it next to my venturex and gold
If mortgages required an AF, would you pay?
I did know about this card before via reddit but I was waiting for Sebby to do a video about it before applying. According to Reddit some people have been having trouble with getting the points back or other issues. Then I checked this channel and there was no video about it. So I decided not to apply.
I trust Sebby. Usually he puts the interests of his viewers over pushing for random products. So I thought if he hadn't done a video on it, BILT must be a bad product. 😅
Now that there is a video, this is going to be on my list. Thanks for the work you do Sebby! I always use your affiliate link to support your channel. Keep up the great work!
Thank you for the support! :) Held off on publishing for a few months since there were fraud issues which have been resolved now.
I'm confused as to why you suggest people might want to use their spend on another card for rent when the BILT is the only card that you can use for rent?
Many apartments accept credit cards with a fee like 3%, and people take that option when they want to use rent to hit sign-up bonuses quicker than with their normal spending. They pay the 3% extra on purpose knowing that the sign-up bonus will return >10% of their spend and make it worth it.
@@aaronshoe Ah I see! Wish I had that option! thanks for the info
This feels doable to set bills to- First of the month 2x points isn't bad for utilities, and if I happen to already eat out on the 1st I guess that is a bonus
for economy flights, is it generally better to pay cash prices? The redemption rates via points generally does not seem great but I am sitting over 1.5mil points
Generally it’s not as good as business and first but you can find pretty good value on international economy still e.g. (NYC->Tokyo is 70k round trip nonstop on United)
🏢 when I get the card for the first 7 days I got 10x on all purchases except rent. I guess that was my welcome bonus lol
I am currently gardening now but once I am done I am thinking about getting this card. I am also hoping they will have added mortgage payments by then. If not and I get this card, couldn't I still use it to pay my mortgage with a 3rd party like Plastiq?
I am getting it for 2 main reasons.
1. Allows me to avoid paying a fee because my place they charge 3% fee for cards.
2. Cell phone insurance
It is a no brainer unless you trying to pay that hefty 3% fee every month
🏢If I start renting, I'll definitely have to pick up this card!
Thank you Sebby for the details! 🏢
I was extremely surprised at how limited the travel categories are, so beware. Trains, buses, travel agencies, and many other travel related expenses don't count for bonus points! But, I only got Bilt for an easy 30k points per year on my rent payments.
🏢It's a skip for me. My rent probably wouldn't count and I'm still nervous after all that fraud that happened.
Are authorized user allowed on this card and then can both the primary user and authorized user use it for rent payment and ear the reward points?
🏢 Like the redemption examples at the end! Kindof not related, but do you have any recommendations for economy flights to Europe with travel partners? I've used Flying Blue (KLM) in the past but wondering if there are any other good travel partners from either chase, capital one, or AMEX. Thanks!
Huh. My apartment offers the Bilt card but didn't think much of it; we can also use other credit cards for rent but they changed it from a fixed fee (which was a steel) to a 3% fee which makes less sense to use cards.
It's one I want but I am still in the early game, maybe by the time I get it in a few years there will be a SUB
🏢 I have the BILT. Own a co-op and works on the monthly HOA. Also schedule auto pay for the phone and car insurance on the first for 2x points.
🏢 Thanks for the review, agree that's it's probably not worth a 5/24 spot for most people. On a side note though, how did you find availability for calala island? Tried looking at a bunch of upcoming dates and everything shows up as unavailable, even for off-peak times :/
I think it might be booked up for the year. Might have to keep an eye out ~4-5 months in advance if anyone cancels their trip.
🏢 As long as you're not looking at Chase cards or need to meet spend for SUB for another card, then this card is a no-brainer. Do points to transfer partners transfer immediately??
🏢 I'm so looking forward to Calala Island trip vlog Sebb!!!
cancelled the trip 😢
I wish I knew about this years ago!!
Waiting it out until a welcome bonus appears
On Monday's We Ask Sebby
:)
Love to see a video of you FAQ for travel redemption for flights and hotels 🏨✈️
Once they add the option to pay mortgages, then I'd go fot it. Until then, I have cards to cover all of the other bases.
Great video
Can you do an updated Video about Chase Biz vs Amex Biz options for smaller Biz folks?
Could you make videos deep diving into using airline miles.. i.e. using Virgin or Flying Blue to book Business class delta. I can never seem to find the flights. Thanks. Also I live in SF and it would be cool if you did meet up’s to share knowledge
If you've been had business platinum and they offer the bussiness blue. Should you accept? Or would you? And would there be a inquiry?
Hey Sebby, 🏢 🏢 🏢
If I redeem my chase rewards points via the portal, will I get the same perks as if I bought a ticket using my reserved card? Meaning do I get delay coverage?
I don't need another points brand. I own, so there is no rent. A skip for me
🏯🏠 would the Bank of America black card make sense for anybody that did not have preferred rewards?
Possibly getting it if they eventually include mortgages.
🏢 I have the card and just recently traveled United domestic with the Turkish points!
Do the bill points expire or can they rollover every year?
Is there a card that can be used for mortgage payments? 🏡 (I know you didnt ask for that emoji but I thought it add to the comment,
Can I use the card to pay my daughter's rent? It's just under $900 a month but I don't get any rewards for paying it now. Would there be a better option out there?
100% didn't realize the shift to no outro music until this video.
What does Virgin Atlantic joining SkyTeam mean for transferring to non-SkyTeam partners? Is this still allowed?
Woooow so this card is a better earner than the CSP but with the same protection for rental cars?!
Is it possible to get a personal credit review from "ask Sebby" ? Given the name, I dont see anywhere to actually ask Sebby anything directly.
I'm a recent player to this credit card game to earn points for traveling. Since I used to pay for my kids to travel with me, it's time for them to start earning their keep. I started them early as soon as they were able to get a credit card and added them as authorized users on my accounts, so they have great credit scores. Daughter in college pays rent for apartment, but can you pay private owner rent?. We want to take a family trip to Asia, so what would be the fastest way to earn miles? Chase trifecta?
🏢 right now as a college student i have the chase freedom unlimited, apple card and amex delta skymiles blue card. I am going abroad so I looking to apply for the capital one savor card, and when I get back from my abroad trip apply for citi custom cash card as my gas card and the bilt card. I think for my with the chase I will complete my chase trifecta later since I am not in a rush. What do you think of this Sebby?
I own my home, it’s a skip for now, May conceder it in the future at least for a good signup offer for a year
oooooo, i'd love to hear more about Calala Island. Yeah, home owner so this card doesn't work. But still good content as always.
I have a question… what is the best app to use to keep track of my credit card points and cash back as well as balances across my credit cards???
MaxRewards
Zero AF with NO FTFs.... Chase you hear that?
Just came back from visiting Park City, great city!
I've been using it for over a year to pay rent with and have accrued over 30k points just from that. I have a roommate that pays me his portion in cash, then I pay the full amount and get all the points. Are they going to update this card so that is has tap to pay....what the heck man, even the worst cards have tap.
The app doesn’t statement closing date and payment due date. Where does one get that info? I had to call them!
Primary CDW, EXCEPT in New York. (I read the fine print) ☹️
🏢 The points from rent is the key for Built card I believe
Bldg emoji (imagine, bcuz not showing up on YT app!) I’ve listened twice, but never heard so have to ask🤦🏻♀️ Which Credit Bureau does Bilt pull when applying?
What is the minimum credit score to apply? What credit agency do they pull from?
Will do a blog post on this :)
🏢 jeez seb when are you not on vacation,.. good stuff but I have to say I’m more interested in the next rendezvous as opposed to this card ..
@asksebby what other cards can I apply for with a decent SUB if I'm already at 5/24 and I already have the Bilt card?
(based off how annoying they are with velocity)
High Priority: Venture X, Savor/SavorOne
Mid Priority: Citi Premier, US Bank Altitude Reserve, BofA Alaska (good for aspirational)
Too many issues being reported with this card, for ex fraud is very high when opening this card or the money order not being sent out to the landlord. I was close to applying but I did my research.
Can you pay your mortgage with this card
I refuse to do business with Wells Fargo. I really wish Bilt had partnered with someone else.
I got rejected the first time I applied, can I use the same accounts apply or do I need a new account
Point cap for rent is now 100k
I miss the outro music!
This is a great card and an easy way to earn thousands of points per year! 🤑
💸
🏢 If they add mortgages this is a OP card. They keep saying stay tuned on their Reddit when asked about mortgages. Also for those who travel this card doesn't have contactless payments which is a pain to use in Europe and Asia.
Would that be true if you added to Apple/Google/Samsung Pay?
@@MattClausen No, you can add it to NFC based payment apps and use it contactless. On the flipside, it is a metal card so feels very premium when used in the conventionally style.
I mean, I have a nice metal card that is nerfed for using it as a metal card; just because it’s fun and medal, doesn’t mean you use it for the sake of using it as a metal card.
When i seen game credit card i thought he was about to mention the new PlayStation credit card. Smh lol
the fact that its Wells Fargos is meh
Wish this card would've been available when I was still a renter. 🏢
🏢 I'm mid game and I already own my home. Probably a skip.
Interesting
Wells Fargo is the issuer.
Lots of recent fraud charges for customers with this card
8:13 Most people don’t want 5, 10, or 15 credit cards? Weird, I guess I’m one of the crazy ones. I have 26 credit cards 😎
who cares if there's someone behind me? is stood in line too
I love my bilt
🏢I’ll pass until it takes mortgages
🏢 great info, but I gotta skip this one 🏡
First 5!!!
🙌
I don’t understand why travel hackers count pennies in dollars. 😂🤣 do you count miles in feet? It’s not just you it’s like 95% of travel hackers and it’s weird. I think I might start counting flights of stairs in number of steps. 😂😂.
Love you. Just messing.
First!!!!
🥇
How are you doing this? Using some AI huh? I mean I got here as soon as it popped up!!! 😂
@@kevinManhattan Haha, if I was using an AI, then it would take out the fun of racing to comment, and hopefully be first, haha :) So no AI, literally clicking asap when the notification squad get that's new Sebby video notification 😄😄
🏢This card would’ve been perfect for me until this year. I make $1M/year and was paying $100k/year in rent in a high-cost-of-living city, but now I’m moving in with my parents to get more help with the little ones (so my new rent will be $0).