I was able to utilize their November rent day transfer bonus to British Airways and I was able to book a flight that was operated by Qatar Airways for half of the points so instead of using 37k points, I only booked from Doha to the US for 18500 points. Crazy!
I think it's too late to recommend this. We know Bilt will get dumped by WF by 2029 at latest. More likely, the recent letter mentioning a "Bilt 2.0" card makes it sound like WF is looking for early termination and will dump the card SOON. If so, we are due for nerfs very soon and that would cripple a card with no SUB that you get intending to reap long term gains from. Maybe two years ago this card would've been king, but I'm guessing we'll only have a year, maybe months at best, before this card takes a crippling blow.
This card has already started crippling. Major changes made last few months and many airlines are not transferrable now. I recommend people to research on internet before applying. This card is not worth recommending and I know this guy gets big commission for referrals and hence made this youtube video
Hey i am a new person to credit cards ive been using my discover card for 4 months with very good practices but i dont have my fico score available as itll take 6 months to get one. But my credit karma score is like 720 do i apply for bilt i don't have any hard pulls? Or will i surely get rejected? When should i apply and is there a way to improve approval chances?
@MukhilPeak Discover was also my first card. I got chase freedom flex 2 months later, but my checking and savings account was with Chase. as you don't have any financial relationship with Wells Fargo, I would wait 2 more months before applying for Bilt.
@@MukhilPeakI was new to credit cards too, I had like a 730 when I got approved this July. You may likely be approved, esp with few/no hard credit pulls (I had 6).
Been in the market and was deciding on a card to apply for next month. This video sold me on it (+ I pay rent every month anyways + travel so why not?). Just got accepted. Will update if notice anything noteworthy.
I am 4 months into credit cards, i dont have a fico score because it take 6 months to generate one. My credit karma score is 720 tho and I am hoping to get bilt card but im sure they will deny me. Could u maybe share me ur credit score and when u were approved. If some one in a similar situation as me got it before getting their fico (before first 6months) that will be so cool
Please help! I have Amex points as well as chase points. I found great flights on American airways for 40k miles from Doha to Japan (different airports) in July. I tried booking through British and Qatar and they want significantly more points for the same flights. How do I get around that. Also we need 6 seats p
My strategy is to use the Bilt for rent and food and transferring it to Alaska Airlines and I also got the Alaska Airlines card to get 50k miles. (I don't fly Alaska but they can redeem for American Airlines flights)
Hi John, great video about the Bilt card. Question; do the points expire at the end of each year? Also, if you transfer your points to a transfer partner do the points expire or can save them until you your ready to use them if it’s two years later?
Hey Ken - Great questions, the Bilt points kept as Bilt points do not expire ever. However if you transfer the points to a partner then their expiration policy changes to whatever the policy is of that particualr partner. Some partners have points that have an expiration dates, some don't. My advice is to confirm the expiration policy of a partner before you move points. But always safe to save them as Bilt points!
My daughter is renting a room from a friend of mine and I am paying her rent monthly. My question is if bilt cuts a check for me to pay my friend rent, will bilt send my friend any forms by the end of the year that my friend is mandated to report it as income tax? Thanks
lets be real here, having to keep track of using this card 5 times a month to activate all these useful benefits is off-putting. no sign up bonus is damaging as well since $200 (can find some for $300 on free credit cards) sign up bonus on other cards is much more important than 1% on rent. I currently pay $1600 in rent, 1% on that is $16/or 16 points. I would have to use this card 5 times a month AND pay rent with it for ~13 months to break even from a sign on bonus card. Thats not accounting for ditching other trifecta's or cards that pool points from different category-spend to get free flights/hotels. 100% point match on rent day is kinda sweet ngl. Thanks for the video nonetheless.
Hi yall, i got the card 2 months ago and I am earning a ton pf points. I am planning to accumulate them rather than spend it. The points will not be gone in any point of time right?
Hi John, I’m interested in getting this card, but I’d like to avoid another hard inquiry on my Experian report. Could you let me know which credit bureau it pulls from?
The Bilt card is still so wild to me, i don't get how they make money, it seems almost entirely in the consumer's favor lol. Which is great, i just feel like there's a catch somewhere.
The CEO released a pretty cool email and some infographics on how they make money. Partly like a traditional credit card and partly through the partners that pay to be on the platform etc
John, this video is a treasure trove of tips for maximizing the Amex Gold card! For anyone debating the card, your breakdown of the transfer bonuses and purchase protection really highlights its value.
![What Credit Cards You Should Have by AGE [Full Guide]](http://i.ytimg.com/vi/53s0vcO1NVs/mqdefault.jpg)
I am waiting for him to mention about mortgage payments for 2025 but he never did.😂
it's been teased from Bilt that something is coming to mortgages in 2025, but I don't want to get ahead of myself yet!
@@johnsfinancetipsI thought it was confirmed in the email they sent out about next year?
Hopefully one day you'll be able to pay your mortgage with the card. That would be legendary.
You'll here it here first when that happens! Just as a heads up it's a feature we're expecting in 2025!
Gotta say I agree, it's a solid overall card. I don't even pay rent and have gotten a lot of value from it.
I pay my rent and I buy 5 items at the 99cent store separately I m done !
It's one of my favorite cards - it has given me so much value
Thank you so much. I’ve been waiting for this video
love my Bilt card and still shocked how it doesn't have an annual fee. Kind of sounds like they are teasing for 2025 maybe some tiers of other cards
My Apartment uses Bilt with out using the Bilt card the processing fee is 9.99 with any other card 4:07
I was able to utilize their November rent day transfer bonus to British Airways and I was able to book a flight that was operated by Qatar Airways for half of the points so instead of using 37k points, I only booked from Doha to the US for 18500 points. Crazy!
I think it's too late to recommend this. We know Bilt will get dumped by WF by 2029 at latest. More likely, the recent letter mentioning a "Bilt 2.0" card makes it sound like WF is looking for early termination and will dump the card SOON. If so, we are due for nerfs very soon and that would cripple a card with no SUB that you get intending to reap long term gains from. Maybe two years ago this card would've been king, but I'm guessing we'll only have a year, maybe months at best, before this card takes a crippling blow.
This card has already started crippling. Major changes made last few months and many airlines are not transferrable now. I recommend people to research on internet before applying. This card is not worth recommending and I know this guy gets big commission for referrals and hence made this youtube video
@@pinakmiku4999 im sorry im new to credit cards what transfer partners are not working which used to work on bilt. I didn't know
@@pinakmiku4999Ok but today is December 10th and I can’t use another card to pay for rent. So what’s your point?
Got denied due to me opening the chase amazon card the day before. Tips on asking for reconsideration?
I should have got this card earlier. Got it only 3 months ago. I already have 4k points that I can redeem for a Hyatt stay anytime.
Hey i am a new person to credit cards ive been using my discover card for 4 months with very good practices but i dont have my fico score available as itll take 6 months to get one. But my credit karma score is like 720 do i apply for bilt i don't have any hard pulls? Or will i surely get rejected? When should i apply and is there a way to improve approval chances?
@MukhilPeak Discover was also my first card. I got chase freedom flex 2 months later, but my checking and savings account was with Chase. as you don't have any financial relationship with Wells Fargo, I would wait 2 more months before applying for Bilt.
@@MukhilPeakI was new to credit cards too, I had like a 730 when I got approved this July. You may likely be approved, esp with few/no hard credit pulls (I had 6).
@@jamesglenn8926 if you got approved within 6 months of using credit cards that would be great. Im in the same position
Points max has been maxed to 1000k in Oct 2024
Been in the market and was deciding on a card to apply for next month. This video sold me on it (+ I pay rent every month anyways + travel so why not?). Just got accepted. Will update if notice anything noteworthy.
Is it possible to product change a Wells fargo credit card to a bilt credit card? Great job on TH-cam ♥️
I am 4 months into credit cards, i dont have a fico score because it take 6 months to generate one. My credit karma score is 720 tho and I am hoping to get bilt card but im sure they will deny me. Could u maybe share me ur credit score and when u were approved. If some one in a similar situation as me got it before getting their fico (before first 6months) that will be so cool
Please help!
I have Amex points as well as chase points. I found great flights on American airways for 40k miles from Doha to Japan (different airports) in July. I tried booking through British and Qatar and they want significantly more points for the same flights. How do I get around that. Also we need 6 seats p
My strategy is to use the Bilt for rent and food and transferring it to Alaska Airlines and I also got the Alaska Airlines card to get 50k miles. (I don't fly Alaska but they can redeem for American Airlines flights)
Is it worth it to have saphire preferred and bilt since they share some transfer partners?
I’ve gotten thousands of dollars of value from this card, and I’ve only put maybe $1000 of spend on it this year besides rent.
Hi John, great video about the Bilt card. Question; do the points expire at the end of each year? Also, if you transfer your points to a transfer partner do the points expire or can save them until you your ready to use them if it’s two years later?
Hey Ken - Great questions, the Bilt points kept as Bilt points do not expire ever. However if you transfer the points to a partner then their expiration policy changes to whatever the policy is of that particualr partner. Some partners have points that have an expiration dates, some don't. My advice is to confirm the expiration policy of a partner before you move points. But always safe to save them as Bilt points!
@ just be clear before I apply is I can save my Bilt points for serval years until I decide to transfer them to a transfer partner?
@@kenjohnson1594Yes, you can save them.
My daughter is renting a room from a friend of mine and I am paying her rent monthly.
My question is if bilt cuts a check for me to pay my friend rent, will bilt send my friend any forms by the end of the year that my friend is mandated to report it as income tax? Thanks
does it make sense to get this card ahead of the flood of new applications when mortgage payments go live in 2025???
Personally, I would. It's no annual fee and you might as well have it ready to use once updated come in 2025
I might have missed it but can you get the bilt card with no credit?
lets be real here, having to keep track of using this card 5 times a month to activate all these useful benefits is off-putting. no sign up bonus is damaging as well since $200 (can find some for $300 on free credit cards) sign up bonus on other cards is much more important than 1% on rent. I currently pay $1600 in rent, 1% on that is $16/or 16 points. I would have to use this card 5 times a month AND pay rent with it for ~13 months to break even from a sign on bonus card. Thats not accounting for ditching other trifecta's or cards that pool points from different category-spend to get free flights/hotels. 100% point match on rent day is kinda sweet ngl. Thanks for the video nonetheless.
But gas
Sucks that us with mortgages get punishment and don’t get points
Supposedly in 2025 they are going to add mortgages.
they just added it as an option.
@@CuriousDuckk no way
Hi yall, i got the card 2 months ago and I am earning a ton pf points. I am planning to accumulate them rather than spend it. The points will not be gone in any point of time right?
i got this card like 2 months ago
Hi John, I’m interested in getting this card, but I’d like to avoid another hard inquiry on my Experian report. Could you let me know which credit bureau it pulls from?
It pulls from Experian
I just started using credit cards im in my 4th month of using a discover it card. I could never get approved for bilt i feel like
Can we pay our property tax with it minus fees?
saw a bunch of low limits with good credit profiles on reddit ... only worry
How does bilt work with landlords who use Venmo exclusively?
you put the ACH info that Bilt gives you and you put that into Venmo and you're good to go!
The Bilt card is still so wild to me, i don't get how they make money, it seems almost entirely in the consumer's favor lol. Which is great, i just feel like there's a catch somewhere.
The CEO released a pretty cool email and some infographics on how they make money. Partly like a traditional credit card and partly through the partners that pay to be on the platform etc
Wells Fargo loosing money left and right. They will ditch this soon !
Luv it
Can I pay my mortgage with it?
Not legitimately. People have done it though and haven't got caught yet.
Not yet. they advertise rent and HOA payments currently.
John, this video is a treasure trove of tips for maximizing the Amex Gold card! For anyone debating the card, your breakdown of the transfer bonuses and purchase protection really highlights its value.
I got the card a year ago and haven’t used it because I don’t have rent to pay but that’s about to change 😈😈😈
I some how got a $500 limit increase on the card though
No it's the USB Smartly. Please remove this video.
Worst card I ever used
Why?
1st
9:40 Maldives is so unsafe and a sh-ty place rather would go to Philippines cheaper way more stuff to do, way safer!
I think the Maldives has it's place, but also I LOVE the Philippines, El Nido is hands down the BEST vacation destination I've ever been to!
@ sure they might have been great but recently we had the worst experience! Hence the comment.