BiltProtect was created to let you pay rent from your checking account and still earn 1X points on rent with your Bilt Mastercard (up to 100,000 points per calendar year).* Use the card 5 times each statement period to earn these points. Terms apply.
When you submit rent payments with BiltProtect turned on, a debit will be initiated from your linked bank account and money will be transferred to pay your rent through the Bilt Mastercard network, while also providing points on rent payments without using your available credit line. A BiltProtect ACH transaction is not a credit card transaction and will not affect your Bilt Mastercard account.**
If you choose not to use BiltProtect, you may charge your rent directly to your Bilt Mastercard and we’ll include this amount on your statement balance.
*When you make at least 5 transactions in a statement period using your Bilt Mastercard, you’ll earn points on rent and qualifying net purchases (purchases minus returns /credits) for that statement period. Rent: You'll earn 1 rewards point per $1 spent on rent paid through the Bilt App or website with your card account up to a maximum of One Hundred Thousand (100,000) points each calendar year. If your rent payment is less than $250, you will earn 250 points for that rent payment. Rent payments can only be made to one rental property per month. Travel: 2 rewards points (1 base point plus 1 bonus point) are earned per $1 spent on qualifying net purchases made directly at retailers whose Merchant Code for Mastercard is classified as airlines, hotels, motels, resorts, cruise lines, and car rental agencies. Dining: 3 rewards points (1 base point plus 2 bonus points) are earned per $1 spent on qualifying net purchases at retailers whose Merchant Code for Mastercard is classified as eating places and restaurants, drinking places, bakeries, or fast food restaurants. Purchases not processed using the Merchant Codes for Mastercard mentioned above will not qualify for bonus points. Wells Fargo does not have the ability to control how a retailer chooses to classify their business and therefore reserves the right to determine which purchases qualify for bonus points.The following purchases and transactions are excluded from earning bonus points: tax payments, third party payment accounts, at online marketplaces, with retailers who submit purchases using a mobile or wireless card reader or if you use a mobile or digital wallet. You may not earn bonus points for purchases made through third-party payment accounts, at online marketplaces, with retailers who submit purchases using a mobile/wireless card reader, or if you use a mobile or digital wallet. Other purchases: 1 rewards point will be earned per $1 spent on other qualifying net purchases. If you do not make at least 5 transactions in a statement period you’ll earn a flat 250 points when you use your Bilt Mastercard to pay rent through the Bilt App or Website. ATM charges, cash advances, traveler’s checks, money orders, pre-paid gift cards, Balance Transfers, wire transfers, fees or interest posted to your card account such as returned payment fees, late fees, monthly or annual fees, bets or wagers transmitted over the internet, and casino gaming do not earn points. Refer to the Bilt World Elite Mastercard® Credit Card Rewards Program Agreement (the "Card Rewards Program") Terms and Conditions ("Terms") for details.
**When Bilt Protect is enabled, you can initiate a BiltProtect Rent ACH transaction to use your Bilt Mastercard to pay your monthly rent by transferring funds from a linked qualifying deposit account. A BiltProtect Rent ACH is not a credit card purchase transaction. Remember to make 5 transactions that post to your account each statement period to earn points. For funds to transfer, you must link a qualifying deposit account on the Bilt app or the Bilt Rewards website. For more information, review the Bilt World Elite Mastercard® Credit Card Account Agreement.