There’s a new credit card in the works that will earn points on any mortgage payment you make each month.
The Bilt Card 2.0 is nearly at the finish line and is expected to be launched on February 7th, 2026.
That will be accompanied by a special event in early January where Bilt will reveal three new card options for new and existing Bilt users.
At the moment, Bilt allows its cardmembers to earn points for paying rent each month, but come 2026, Bilt users will be able to earn points for paying the mortgage too.
What’s cool is these points can be transferred to frequent flyer programs, so simply paying your mortgage could power your next trip to Europe or beyond.
Bilt Card 2.0 Will Come in Three Flavors
While the details are still somewhat a mystery, Bilt has announced the launch date (February 7th, 2026) and the fact that the card will come in three varieties.
Those include card options with annual fees ranging from $0 to $95 to $495.
Essentially, a no annual fee card, a $95 annual fee card that mirrors Chase Sapphire Preferred, and a premium card with a $495 annual fee.
As part of the launch, they’ve also laid out how existing Bilt cardholders can transition to the new card backed by Cardless.
They’ll be able to select a new product from among these three new cards with no hard inquiry on their credit report.
In other words, they won’t get the typical ding if they want to take advantage of the new benefits tied to Bilt 2.0.
However, they can also stay with the old issuer, Wells Fargo, though the card will be retired on February 6th, 2026.
If they choose that route, their card will become a Wells Fargo Autograph Visa Card, and they’ll earn Wells Fargo Rewards points instead of Bilt Points.
Not sure how many folks will choose that option as it won’t earn points for paying the mortgage. And I don’t even think Wells Fargo Rewards points can be transferred to loyalty programs.
How Much Will Bilt Earn on Mortgage Payments?
We also now know that the forthcoming Bilt Card 2.0 will “Earn points on any eligible residential mortgage payments.”
My understanding is that like its rival Mesa, Bilt Card 2.0 cardholders will earn one point for each dollar of their mortgage.
So if your monthly mortgage payment is $2,500, you’ll earn 2,500 Bilt points each month.
Over a 12-month period, that equates to 30,000 points, which is a decent haul for doing basically nothing other than paying your bills
And there will be additional point-earning categories (based on member feedback), especially on the higher-end version of the Bilt 2.0 card to earn even more.
Hopefully these are in useful categories like gas, groceries, insurance, etc. I assume they’ll be everyday home oriented.
So there’s going to be a lot of potential to earn a lot of Bilt points each year.
On top of that, there could also be a sign-up bonus, as there is with most other rewards cards.
For a brief period, the Mesa Homeowners Card offered 50,000 points if you spent $12,000 within three months.
That was steep so hopefully Bilt will offer a sign-up bonus that’s a little more approachable.
Will You Need to Make a Minimum Non-Mortgage Spend Each Month?
The other question we still don’t know is if there will be a minimum monthly spend to earn points on mortgage payments.
Mesa requires you to spend $1,000 each month in non-mortgage spend to earn the mortgage rewards.
So if you don’t use the card for other expenses, you don’t get the points on the mortgage.
I could certainly see Bilt do the same thing (they currently require five transactions a month to earn points on rent).
The other question is how Bilt will arrange the mortgage payment process.
Mesa doesn’t actually let you pay the mortgage with a credit card. Instead, you enter your mortgage amount in your account and they credit you the points.
You still have to use a bank account or other acceptable payment, as lenders and mortgage loan servicers don’t accept credit cards.
Chances are Bilt will operate the same way.
Before creating this site, I worked as an account executive for a wholesale mortgage lender in Los Angeles. My hands-on experience in the early 2000s inspired me to begin writing about mortgages 19 years ago to help prospective (and existing) home buyers better navigate the home loan process. Follow me on X for hot takes.
