Bilt 2.0 Transition Details Are Here

But the new card lineup is still a mystery

November 09, 2025

I flew to Japan with some Atmos points this week, so I’ll keep this quick so I can get back to my ramen… 🍜

Bilt just won’t stop with the big announcements lately. This week, they (a) provided an official launch date for Bilt 2.0, (b) gave details on how existing cardmembers will transition from Wells Fargo to new issuer Cardless, and (c) clarified that Bilt cardholders will be able to earn points on their mortgages regardless of their mortgage servicer. 

We already knew Bilt 2.0 would launch in February with three different card options, with annual fees of $0, $95, and $495. What we didn’t know was when. Now we do: Bilt 2.0 will launch on February 7th, 2026. Still a mystery: the benefits and earning rates on those cards, which will be revealed in “early January.”

Existing cardholders can expect a seamless transition, at least if Bilt executes on its promises. To make the transition smoother, Bilt says existing cardholders will keep the same card number. Digital wallets will automatically update with the new card, while a new physical card will arrive prior to the transition so you can use it right away. Existing cardholders will receive an invitation in early January with details on each card, allowing them to choose which version they want—no hard credit inquiry required. As for their Wells Fargo accounts, they can either close them or convert them into no-fee Autograph cards—an interesting option, since Wells Fargo points have been improving. 

As for the points on mortgages, surprise, surprise: Bilt was light on details. Bilt previously announced partnerships with UWM and Venmo, so it’s possible there could be specific perks for using those partners versus other mortgage servicers. Still, it’s welcome news for homeowners: Bilt says you’ll be able to earn points on your mortgage next year. 

Applications for the old Bilt card are now closed, so all we can do is wait to see whether Bilt can manage to thread the needle to keep delivering outstanding value to cardholders while offering a profitable partnership to Cardless after Wells Fargo lost so much money on Bilt’s consumer-friendly card 1.0.  

In other news…

This week on the blog 📝

We highlighted Alaska’s massive Global Getaways sale, with award tickets to Asia from 50-70k Atmos points round-trip. If you have Bilt or Alaska points, check it out before the sale ends on Tuesday. 

We also updated our best cards for military members page with updates based on the big premium card refreshes this summer.  

Quick Points of the Week ⚡

Major news 🚨 

Choice Privileges elite status is getting easier to earn. You can earn elite status in just five nights, which can generally include award nights. Choice has some definite sweet spots and is worth getting to know if you earn Citi or Wells Fargo points thanks to their generous 1:2 transfer ratios. 

Chase and Hyatt are deepening their partnership. Big spending ($75,000, presumably) on the Chase Sapphire Reserve will get you Hyatt Explorist (mid-level) status in 2026, and it looks like there’s a new Hyatt credit card in the works. (MilesTalk)

Special offers ✨

Huge sale on American Airlines award flights. Japan from 50k round-trip? Yes please. A great way to redeem a recent Citi Strata Elite bonus. Book by next Sunday. (TPG)

New products 🆕 

United launches its debit card. Some points are better than no points, but I’m not sure this is better than Discover’s debit card or worth opening a bank account for. (OMAAT)

More value 📈

Rove hotel bookings get even better. Not only can you still earn your hotel loyalty benefits with “loyalty eligible” bookings, because the stays are billed directly by the hotel, you can get the full value of a co-branded credit card (like the IHG Premier) if you have one. The Rove miles you earn are getting better all the time—you can now transfer them to Lufthansa Group. And if that’s all not enough, you can now fly to Europe for 88 Lufthansa miles (with hefty taxes and fees, but still…). (h/t Daily Drop, VFTW, TPG)

United offers special rates for cardholders, improves partner award rates. United has been devaluing its MileagePlus program for years, but redemptions rates on business-class partner tickets have improved slightly, while cardholders can benefit from occasional discount on award flights. (h/t Thrifty Traveler, VFTW)

Devaluations 📉

Aeroplan points will expire again. Air Canada’s pandemic-era pause on expirations is going away. Starting November 2026, points will expire after 18 months of inactivity. Aeroplan points are one of the best ways to fly business class with minimal fees, but you’ll still need a lot of them, so be cautious about when you transfer points. (TPG)

Sign-up bonus of the Week 🎯

I didn’t see any particularly special bonuses launched this week, but if you’re in the market for a new card, there are still plenty of great offers on the table.

Great current bonuses

100k points on the Citi Strata Elite (our take: 🔥🔥🔥)

125k points on the Chase Sapphire Reserve (our take: 🔥🔥🔥)

175k points on the Hilton Aspire (our take: 🔥🔥)

75k points on the Chase Sapphire Preferred (our take: 🔥)

100k Avios on Chase cards (our take) (no longer includes British Airways)

Up to 100/175k on the Amex Gold/Platinum (our take)

Enjoy the weekend! 🦥

Here’s hoping Bilt can keep turning the roof over your head into easy trips abroad!

Sometimes we include referral or affiliate links (we’ll mark them clearly). If you use them, we may earn a commission—never at extra cost to you. We do our best to share great offers, but always double-check for the best deal available. Thanks for supporting LazyPoints 🦥