Bilt’s next-generation credit card lineup launches in February. Here’s what’s changing, how the transition will work, and what cardholders need to know.

Bilt has confirmed plans to launch a new version of its credit card program, known as Bilt Card 2.0, in early 2026. The update marks a significant shift for the company, introducing a new lineup of cards, a new issuing structure, and an expanded earning model that goes beyond rent payments.

While Bilt has announced a clear transition timeline, many key details—such as reward rates and benefits—have not yet been disclosed. For current cardholders, the coming weeks will be less about deciding whether to upgrade and more about understanding how the transition works and what unanswered questions remain.

 

Key Dates for the Bilt Card 2.0 Rollout

Bilt says preorders for its new card lineup will open on January 14, 2026, at which point cardholders will be able to choose from three new Bilt credit cards. Cardholders who want uninterrupted access to their account must select a card by January 30.

New cards are expected to ship by February 6, with the official launch of Bilt Card 2.0 scheduled for February 7, 2026. Existing Bilt Mastercard® accounts will remain active until February 6.

Cardholders who do not select a new card by the deadline will see their current Bilt card deactivated as part of the transition.

 

What’s Changing With Bilt Credit Cards

Until now, Bilt has operated with a single flagship credit card. Bilt Card 2.0 replaces that structure with an all-new three-card lineup, expanding the program into a tiered portfolio rather than a single product.

Bilt has confirmed that the new lineup will include cards with annual fees of $0, $95, and $495, signaling a range that spans from a no-annual-fee option to a premium card. However, the company has not yet disclosed which benefits, earning rates, or features will correspond to each tier, making it difficult to assess the relative value of each option ahead of the January reveal.

The company has described the lineup broadly as offering its “richest rewards ever,” but key details—including bonus categories, points-earning rates, and potential welcome offers—remain unannounced. Those specifics are expected to be released when preorders open in January.

The transition also marks the end of Bilt’s card-issuing partnership with Wells Fargo. Going forward, Bilt cards will be issued through a new banking partner using the Cardless platform, a shift that gives Bilt greater control over card features and product design.

 

How the Transition Works for Existing Cardholders

Existing cardholders can transition to Bilt Card 2.0 without a hard credit inquiry. Credit lines will carry over, and current card numbers will remain the same. Digital wallets such as Apple Pay and Google Pay are expected to update automatically once the new cards are activated.

Recurring payments and autopay settings should also continue without interruption, according to the company. Cardholders will receive instructions through email and the Bilt app when it’s time to select a new card.

For cardholders who preorder by January 30, Bilt says the new cards should arrive before the February 7 launch date.

 

What Happens If You Don’t Upgrade

Cardholders who choose not to move to Bilt Card 2.0—or who miss the selection window—will not be able to keep their existing Bilt Mastercard beyond February 6.

Instead, those accounts will convert to a Wells Fargo Autograph® Card, earning Wells Fargo Rewards rather than Bilt Rewards points. While the credit line remains intact, the rewards ecosystem changes entirely, which may matter for cardholders who have accumulated Bilt points or rely on Bilt’s transfer partners.

 

Expansion Beyond Rent: Mortgage Payments

One of the most notable—and exciting—changes tied to Bilt Card 2.0 is the planned ability to earn points on eligible mortgage payments, regardless of lender. This expands Bilt’s original target customer base beyond renters to homeowners.

However, key details are still missing. Bilt has not confirmed how mortgage payments will be processed, what earning rate will apply, or whether limits or fees will be involved. As with the new card lineup itself, the real value of this feature will depend on the final terms.

 

 

What We Still Don’t Know

Despite the firm timeline, several significant questions remain unanswered:

• How the $0, $95, and $495 annual fees will differ across the three cards
• Points-earning rates and bonus categories
• Whether welcome bonuses will be offered
• Redemption changes or new transfer partners
• Any caps or restrictions on rent or mortgage earnings

Until those details are released, it’s difficult for cardholders to evaluate how Bilt Card 2.0 compares with other rewards cards or whether switching makes sense for their spending habits.

 

What To Watch Next

Bilt’s January 14 announcement will be the most critical milestone in the rollout. At that point, cardholders should have enough information to compare the new cards against existing rewards options and decide which—if any—fits their needs.

For now, current cardholders can continue using their existing Bilt card as usual and should watch for official communications about pre-orders and transition steps.

 

Bottom Line

Bilt Card 2.0 represents a significant structural change for the company, introducing a new card lineup, a new issuer, and a broader earning model. While the transition timeline is clear, many of the most important details remain unconfirmed.

Cardholders will need to weigh those unknowns carefully once full terms are released in January, particularly as the February launch date approaches.

 

 

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