Bilt Is Losing Money: Does It Have A Future?

The Bilt World Elite Mastercard undeniably took control of the news cycle in 2022 when it launched, touting its status as the first credit card to offer rewards for rent expenses. As one of the largest monthly costs made by most Americans, the ability to earn points that can be converted into airline miles is precious and almost seemed too good to be true. Most landlords typically do not accept credit card payments, due to the high fees associated with such transactions.