Before applying for the Bilt World Elite Mastercard® (See terms and conditions) it’s fair to ask, “How does Bilt pay rent?” After all, most payment portals charge credit card fees or may only accept check payments, and Bilt doesn’t charge a fee for rent payments, which is incredible. Here’s how Bilt rent payments work.
Learn more about the no-annual-fee rewards card on Bilts website: Bilt World Elite Mastercard®
How to Pay Rent with Bilt
If your rental home is part of the Bilt Rewards Alliance, you can pay directly from your Bilt account and earn up to 100,000 Bilt Points on rent payments per year.
You can also easily earn rent rewards when your landlord isn’t part of the alliance network, even when credit card payments are not accepted. After getting the Bilt Credit Card (if your credit qualifies), you will set up a Bilt Rent Account in the Bilt App. Approval will be based on your credit score and Bilt does require a credit check, but don’t worry it’s not hard to get approval.
In the app, you can select credit card or check payment. Either option earns points, but choose check payments if you encounter fees when paying directly with a credit card.
If your landlord or rental agency charges credit card processing fees, your Rent Account includes a unique routing number and account number. When scheduling payments, you can provide these banking details, and Bilt sends a paper check or e-check but charges the amount to your rewards credit card (fee-free, of course!).
Just be sure to coordinate all payments through the Bilt App to avoid transaction fees and accurately track your payments.
Related: 5 Of The Best Reasons Why The Bilt Card Is Worth It
How Does Bilt Pay Rent?
Renters can schedule one-time or recurring rent payments through the Bilt App.
Supported payment accounts include:
- Bilt World Elite Mastercard®
- ACH/e-check
- Physical check (can require 5-7 business days for delivery)
- Paypal
- Venmo
Unfortunately, Bilt currently doesn’t support Zelle transfers or transferring your rent payment directly to your landlord’s bank account (i.e., they provide their routing and account number).
Related: Does Bilt Require a Credit Check?
Final Thoughts on Bilt Payments
Bilt offers several ways to pay rent with a credit card through the Bilt App. Paying directly with your Bilt Mastercard is easiest, but you also get banking details that you can provide for ACH, check, PayPal, or Venmo payments when you need to avoid processing fees.
Learn More: Bilt World Elite Mastercard®
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