How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
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Advertising Disclosure
LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).

Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).
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American Express Disclosure
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

American Express Disclosure

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

Bilt World Elite Mastercard® Review: Why It's Worth It

LendingTree's Review

How LendingTree Rates Credit Cards?

Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.
3.9
Bilt World Elite Mastercard<sup>®</sup>
Rewards Rate
Earn 1X points on rent payments without the transaction fee, up to 100,000 points each calendar year; up to 5X Bilt points on Lyft rides when you link your Bilt account and pay with your Bilt card; 2X points on travel, 3X points on dining, 1X points on other purchases. Use the card 5 times each statement period to earn points.
Rates and Fees
No annual fee and no foreign transaction fees
Extra Benefits
Enjoy Cellular Telephone Protection and Purchase Security with the Bilt World Elite Mastercard®
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It was not reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Our take: With bonus rewards on travel and dining — plus rewards on rent — the Bilt World Elite Mastercard® is one of the best no-annual-fee travel cards on the market.

Pros and cons

  • No annual fee
  • Pay rent and earn points with no transaction fee
  • Earn bonus points on travel and dining
  • Get double points one day a month (up to 10,000 bonus points)
  • Transfer points 1:1 to a wide variety of partners, including United Airlines and Hyatt
  • No foreign transaction fees
  • No sign-up bonus
  • Must make at least five transactions per month to earn points
  • Light on travel protections and perks

Is the Bilt World Elite Mastercard® worth it?

First-year value: $863 versus $636 for the average rewards credit card*
Ongoing value: $863 versus $322 for the average rewards credit card*
*Based on LendingTree’s value methodology

The Bilt World Elite Mastercard® is worth it for cardholders who will take advantage of its unique features — especially renters who wish to get richly rewarded for paying their rent. But it’s also a good option for others seeking a no-annual-fee travel card.

Bilt World Elite Mastercard® benefits include bonus rewards for dining and travel and double rewards on the first day of each month (up to 10,000 bonus points). You’ll earn flexible points that you can transfer 1:1 to more than 10 travel partners, including United Airlines. You also get travel insurance and shopping protection, which is one reason the Bilt World Elite Mastercard® made our list of best Wells Fargo credit cards. And as one of the few no-annual-fee cards without foreign transaction fees, it’s great for international travel.

There are a few drawbacks to the Bilt World Elite Mastercard®, including a lack of sign-up bonus and the requirement to use the card at least five times to earn rewards in a given statement period. The card might not be worth it if those are deal breakers for you.

Not the right card for you? See more top no-annual-fee travel cards

Quick facts

  • Annual fee: $0
  • Foreign transaction fee: $0
  • Regular APR: See rates & fees
  • Sign-up bonus: None
  • Rewards: Earn 1X points on rent payments without the transaction fee, up to 100,000 points each calendar year; up to 5X Bilt points on Lyft rides when you link your Bilt account and pay with your Bilt card; 2X points on travel, 3X points on dining, 1X points on other purchases. Use the card 5 times each statement period to earn points.
  • Other benefits:
    • Trip delay reimbursement
    • Auto rental collision damage waiver
    • Lyft credits
    • Cellular telephone protection
    • Purchase security
  • Recommended credit: Good/Excellent

Using the Bilt World Elite Mastercard® to pay rent

One of the standout features on the Bilt World Elite Mastercard® is the ability to earn rewards on your rent. This makes the card a game changer for renters, especially those in high-cost-of-living areas.

  • Earn rewards on your rent: You earn 1 point per dollar for rent transactions, so a rent payment of $2,000 would get you 2,000 points each month.
  • Anyone can pay rent with the card: You can use the card to pay your rent via PayPal, Venmo or many other online services. If the property doesn’t offer online payments, you can use your card to pay your rent in the Bilt app, which will then pay your rent as an ACH transaction or an e-check.
  • No transaction fees for rent payments: Bilt doesn’t charge a transaction fee for rent payments. Most cards charge a 3% for paying rent with a credit card, which would normally cancel out any rewards on the transaction. In contrast, the Bilt card makes rent payments rewarding.

Keep in mind, you must use your card at least five times in a statement period to earn the full rewards rate on your rent. Otherwise, you earn just 250 points for paying your rent that month.

If your landlord allows you to pay your rent through an online portal that normally charges a transaction fee for paying with a card, the Bilt World Elite Mastercard® allows you to avoid that transaction fee. And here’s a unique twist: You can redeem your Bilt rewards points toward a down payment on a home if you’re aiming to move from renting to homeownership. The Bilt app allows you to calculate how much home you can afford and more.

On the fence about buying a new home? Check out our guide to renting vs. buying a house

Does the Bilt World Elite Mastercard® have a sign-up bonus?

The Bilt World Elite Mastercard® doesn’t offer a traditional sign-up bonus. However, if you’re a renter, the ability to earn points on your rent with no transaction fee more than makes up for this downside. The average rent is $1,300 according to the U.S. Census Bureau. This amounts to more than 15,000 points a year. Since Bilt points are worth about 2 cents per point by our estimates, that’s more than $300 in value, beating the value of a sign-up bonus for a typical no-annual-fee card. And you get this value each year. If you have a higher-than-average rent payment, this card may be even more lucrative for you.

How do the benefits rate?

  • Earning points (4.7 out of 5)

    How do you earn points with the Bilt World Elite Mastercard® You can earn points with the Bilt World Elite Mastercard® by using it for at least five transactions per month. You can earn an impressive 3X points on dining and 2X points on travel, and you get double rewards in those categories and on everyday purchases (except rent) on the first day of each month (up to 10,000 bonus points).

    Those elevated earnings, combined with the card’s travel protections and no foreign transaction fees, make it a great addition to any traveler’s wallet — not just renters.

    The card offers excellent overall rewards value. Given the high value of Bilt points, the card has the highest potential earning rate of any no-annual-fee rewards card in our study.

    Rewards earned per $1 spent*

    Tip: Take advantage of rent day to get the most earnings out of your Bilt World Elite Mastercard®. On the first day of each month, you get double points on purchases, excluding rent (up to 10,000 bonus points), so 6X points on dining, 4X points on travel and 2X points on everything else. If you can plan bonus category spending, big purchases and regular shopping trips around rent day, you can really maximize your rewards.
  • Redeeming points (4 out of 5)

    How do you redeem Bilt World Elite Mastercard® points? Bilt points are some of the most flexible and valuable points around, with a variety of redemption options. Here are some of the ways you can redeem Bilt points:

    • Transfer to a Bilt airline or hotel partner at 1:1 ratio
    • Book a trip in the Bilt Mastercard portal (get a 25% redemption bonus)
    • Use toward your next rent payment
    • Redeem with fitness and lifestyle partners
    • Buy art, decor and apparel from the Bilt Collection
    • Use toward a down payment on a mortgage

    To get the best redemption value, you’ll want to redeem points for travel through the Bilt World Elite Mastercard® portal or transfer your Bilt points to one of Bilt’s airline or hotel transfer partners.

    You can transfer Bilt points in multiples of 1,000 points through the Bilt app. You must be a member of the airline or hotel loyalty program you wish to transfer to, and you must have linked that loyalty program account with your Bilt account.

    The transfer option allows you to maximize your Bilt points by searching for high-value redemptions in those partner programs. Generally, you can get the most value from your points by looking for a redemption that requires a low number of points or miles but would cost a high amount if you were to pay cash. By using this strategy, we estimate you may be able to get 2 cents or more in value out of every Bilt point.

    Bilt World Elite Mastercard® transfer partners

    • Alaska Airlines
    • Air France
    • Cathay Pacific
    • Air Canada
    • United Airlines
    • Virgin Atlantic
    • IHG
    • Avianca
    • Turkish Airlines
    • Iberia
    • British Airways
    • Aer Lingus
    • Hyatt
    • Marriott
    • Emirates
    • Hawaiian Airlines
  • Other benefits (2 out of 5)

    What other benefits does the Bilt World Elite Mastercard® offer? This card offers some notable travel perks for a no-annual-fee card, including travel insurance and no foreign transaction fees. However, it’s missing a few of the more substantial travel protections and perks that come with many annual fee travel cards, such as lost or delayed luggage coverage and a Global Entry/TSA PreCheck® credit.

    Here’s what it does include:

    • Trip cancellation and interruption protection: Up to $5,000 per covered traveler per trip, if your trip is interrupted or canceled for a qualifying reason.
    • Trip delay reimbursement: Up to $200 per day per covered traveler for up to three days and up to $1,800 per trip, for trip delays over six hours.
    • Auto rental collision damage waiver (secondary for New York residents): Up to $50,000 in coverage for theft or damage of a rental car when you decline the rental agency’s coverage and use your card to pay for the entire rental. The coverage is primary, which means you don’t have to first file a claim on your own auto or home insurance.
    • Purchase security: Covers you if an item you buy is damaged or stolen within the first 90 days, up to $10,000 per item and up to $50,000 per year.
    • Cellular telephone protection : If you use your card to pay your wireless carrier, the coverage will repair or replace a phone that is lost, damaged or stolen for up to $800 per claim, with a $25 deductible
    • Lyft credits: $5 monthly Lyft credit when you take three or more rides a month

Earn your way to Bilt elite status

You can use your spending on the Bilt World Elite Mastercard® to help fast-track your way to Bilt elite status. Benefits include special transfer bonuses, priority event access and the ability to unlock special offers as you work your way up to the next tier. These offers may include extra points on dining, points toward gifts from the Bilt Collection and more.

  • Silver (50,000 points or $10,000 spend)
  • Gold (125,000 points or $25,000 spend)
  • Platinum (200,000 points or $50,000 spend)

| Disclosures
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card
apply-now-icon Apply Now
on Chase's secure site
N/A
21.49%-28.49% Variable
$95
Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
  • Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
  • Member FDIC
720 850
Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


The Chase Sapphire Preferred® Card is one of the best travel cards on the market. It may work better than the Bilt World Elite Mastercard® for moderately frequent travelers seeking a sign-up bonus and strong travel protections in exchange for a modest annual fee.

The card offers a similar rewards structure and earning rate to the Bilt World Elite Mastercard®, with bonus categories in dining and travel, and the ability to transfer points to similar partners. But the Chase Sapphire Preferred® Card offers 5X points on travel purchased through Chase Travel plus a $50 annual Chase Travel hotel credit. And it boasts a solid sign-up bonus that can help pay for your next trip. Plus, you get more robust benefits and protections, including baggage delay coverage and extended warranty protection.

| Disclosures
Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card
apply-now-icon Apply Now
on Capital One's secure site
Rates & Fees
N/A
19.99% - 29.99% (Variable)
$95
2 Miles per dollar on every purchase, every day; 5 Miles per
  • Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Enrich every hotel stay from the Lifestyle Collection with a suite of cardholder benefits, like a $50 experience credit, room upgrades, and more
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • For Capital One products listed on this page, some of the benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply
660 720 850
Good/Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


The Capital One Venture Rewards Credit Card is another good choice for regular travelers who don’t mind paying a modest annual fee for a card with a sign-up bonus, elevated travel rewards and trusted traveler benefits.

The Capital One Venture Rewards Credit Card lets you earn an excellent sign-up bonus and offers a simple rewards structure with 2 Miles per dollar on every purchase, every day; 5 Miles per dollar on hotels and rental cars booked through Capital One Travel. The Capital One Venture includes a TSA PreCheck®/Global entry application fee credit, which can help to make even occasional travel a much more pleasant experience. It also offers basic travel insurance benefits, including trip cancellation/interruption coverage, lost or damaged luggage protection and no foreign transaction fees.

| Disclosures
The Amex EveryDay® Credit Card from American Express*
The Amex EveryDay® Credit Card from American Express
Learn More
on American Express's secure site
| Terms Apply
0% introductory APR for the first 15 months from the date of
18.24% to 29.24% variable
$0
2x points at U.S. supermarkets, on up to $6,000 per year in
  • Earn 10,000 Membership Rewards® points after you use your new Card to make $2,000 in purchases in your first 6 months.
  • Low intro APR: 0% for 15 months on purchases, then a variable rate, currently 18.24% to 29.24%
  • 2x points at U.S. supermarkets, on up to $6,000 per year in purchases (then 1x)
  • 1x points on other purchases.
  • Use your Card 20 or more times on purchases in a billing period and earn 20% more points on those purchases less returns and credits.
  • Over 1.5 million more places in the U.S. started accepting American Express® Cards in 2017.
  • No annual fee.
  • Terms Apply.
720 850
Excellent
*The information related to the The Amex EveryDay® Credit Card from American Express has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.


If you’re not a renter and you spend more at U.S. supermarkets than on dining and travel, you should check out The Amex EveryDay® Credit Card from American Express. It’s another no-annual-fee card that lets you transfer points mostly at a 1:1 ratio to a large set of airline and hotel loyalty programs.

The card offers 2x points at U.S. supermarkets, on up to $6,000 per year in purchases (then 1x), and 1x points on other purchases. It also gives you a 20% point boost if you use it more than 20 times per month, which means you could earn up to 2.2 points on U.S. supermarket purchases. Plus, the Amex membership rewards program includes a larger set of airline and hotel programs, including Delta Air Lines. Not to mention, the card is a good choice if you’re looking to finance a trip or other big purchase, since it includes an intro APR on purchases and balance transfers.

On the downside, it’s an Amex card with limited acceptance abroad, and it charges foreign transaction fees, so it’s not a good card for international travel.

Should you apply?

Renters looking to earn rewards on their rent payments and anyone else looking for a no-annual-fee travel credit card may want to apply for the Bilt World Elite Mastercard®. Also, if you already own an annual fee card and you’re looking for a backup card that doesn’t charge foreign transaction fees, the Bilt World Elite Mastercard® could be a great addition to your wallet.

But frequent travelers should consider an annual fee travel card, which will come with better benefits. If this describes you, you should check out our list of the best travel credit cards.

apply-now-icon Apply Now
on Bilt Rewards's secure site
Rates & Fees
For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

Frequently asked questions

Yes, the Bilt World Elite Mastercard® is made of metal. It’s one of many metal credit cards on the market today.

You can’t use the Bilt World Elite Mastercard® to pay a mortgage just yet. However, there is good news on the horizon for homeowners. In January 2024, the company announced in a press release that “Bilt plans to venture into mortgage payment rewards.” So, stay tuned.

The Bilt World Elite Mastercard® does not have foreign transaction fees. It’s one of the few cards on the market with no annual fee and no foreign transaction fees, making it a good choice for budget-conscious travelers who travel moderately. Because it has no annual fee, it also makes a good backup credit card for international travel for frequent travelers.

The Bilt World Elite Mastercard® comes from Wells Fargo, Mastercard and Bilt Rewards, a loyalty platform specializing in rent and neighborhood rewards. Wells Fargo is the official card issuer of the Bilt World Elite Mastercard® .

The Bilt World Elite Mastercard® requires Good/Excellent credit. That means that if you plan to apply for the Bilt World Elite Mastercard®, you’ll want to make sure you have a credit score of 660 or higher for the best chances of getting approved.