NEW YORK—Bilt, a fintech that offers a rewards program focused on renters, said it is officially ending its partnership with Wells Fargo with plans to launch two new credit cards early next year that will also offer rewards for mortgage payments.
The company, which currently offers the popular Bilt Mastercard, said the two new travel credit cards are set to launch in February 2026— one with a $95 annual fee, and another with a $495 annual fee.
These new cards will join the existing no-annual-fee Bilt Mastercard, which the company said will remain. Bilt is calling its upcoming three-card lineup Bilt Card 2.0.
‘Incredible Feedback’
“We received incredible feedback from tens of thousands of our members about what they wanted from their Bilt Card experience going forward,” the company said in a statement. “Based on that feedback, we have been developing new cards that deliver the depth and breadth of product experience you all have asked for.”
According to Bilt, the new cards will be issued through Cardless, a fintech platform known for launching the Coinbase and Qatar Airways credit cards, and is a sign Bilt is looking to take full control of its rewards ecosystem, according to Thrifty Traveler.
Hints at What’s Coming
While details of the new cards’ benefits have not been released, the company has indicated cardholders will be able to earn points on mortgage payments. It earlier announced an expansion into mortgages through direct partnerships with mortgage servicers, stating that United Wholesale Mortgage, which has invested $100 million into a new funding round as part of a strategic partnership, according to Thrifty Traveler.
Bilt says more details on this partnership and earning points on mortgages will be announced this fall.
