BiltProtect lets you pay your rent without using your available credit.* When BiltProtect is enabled, Bilt will facilitate charging to your Bilt Mastercard while also pulling funds from your bank account. You’ll still earn 1x points on rent payments, up to 50,000 points per calendar year** – you'll just have your full credit line available for everything else. Remember to make 5 transactions that post to your account each statement period to earn points.
When BiltProtect is not on, you may charge your rent directly to your Bilt Mastercard and it will work like any other charge on your credit card. To avoid interest on charges on your card, make sure to pay your full statement balance before the due date each month.
*When Bilt Protect is enabled, you can initiate a BiltProtect Rent ACH transaction to use your Bilt Mastercard to pay your monthly rent by transferring funds from a linked qualifying deposit account. A BiltProtect Rent ACH is not a credit card purchase transaction. For funds to transfer, you must link a qualifying deposit account on the Bilt app. For more information, review the Bilt World Elite Mastercard® Credit Card Account Agreement.