Bilt has announced that it will introduce a new lineup of three credit cards, issued in partnership with Cardless, on February 7, 2026. This announcement comes with a caveat for potential applicants: those who do not currently possess a Bilt credit card must submit their applications by midday on November 5, as no applications will be accepted for three months thereafter.
While specifics about the new cards remain limited, Bilt has confirmed that the lineup will include options with varying annual fees: one with no yearly charge, another costing $95, and the third priced at $495. Further details are expected in an announcement planned for early January, promising more clarity regarding features and benefits.
Current Bilt cardholders who possess a Mastercard issued by Wells Fargo will not face any changes until February 6, 2026. They will have the option to convert their existing card to one of the three new Cardless offerings, with a soft credit pull during the transition. Existing features such as subscriptions, autopay arrangements, and saved payment methods will remain intact. Additionally, cardholders can transfer any existing balances, pending Cardless approval. Those who opt not to switch will retain their Wells Fargo card but will have it converted to an Autograph Visa, accompanied by a new card number.
Bilt’s latest partnership with United Wholesale Mortgage enables UWM customers to earn Bilt points on mortgage payments, regardless of having a Bilt credit card. This feature will also extend to users of the new Bilt cards, affirming Bilt’s commitment to incorporating mortgage payments into its rewards program, although specific earning rates and fees are yet to be disclosed.
Although the launch of the new cards is a step forward for Bilt, the last-minute nature of the announcement regarding the application cutoff resonates poorly with potential applicants. Moreover, this change may influence existing cardholders’ standing in relation to Chase’s 5/24 rule, which could affect their capacity to acquire new Chase cards based on how these changes are reported on their credit history.
The upcoming initiatives from Bilt signal a dedication to enhancing customer engagement and expanding their service offerings. As the February launch date approaches, customers remain hopeful for a more comprehensive understanding of the new cards’ features.