Update 5/22/24: The end date has been released and it’s now June 24, 2024
As first reported by VFTW, Bilt and American Airlines will end their partnership in June. Bilt provided the following statement:
Bilt and American have agreed to wind down our partnership beginning in June. We appreciate everything we’ve been able to accomplish together since Bilt’s launch in 2021.
It’s unclear when the last day to transfer points will be. Always sad to lose a transfer option.
Guess WF isn’t the only one losing money with Bilt…
Hope this clears a path for TYP–>AA
THis barely lasted a Scaramuchi. Why ending so quickly?
Im still thinking AA points will be nerfed this year like Alaska. burn n churn
I’ve booked a bunch of transatlantic biz awards at 57,500 miles. That’s a great value that I’m afraid will get devalued. I’ve even been willing to pay the BA surcharge, given how much harder it has been to find UA and Star awards at saver levels, even close-in.
The surcharge is usually close to $800. That comes out to 137k miles one way (not taking point values in consideration. How is that a good deal?
Great, bring on the AS instead!
You out of your mind with Alaska? Bring on the Boeing planes too if they don’t forget to plug a door
wander
More of a Boeing Problem than a Alaskan airlines problem
Alaska losing 20% of its fleet for several days and having ongoing significant operational exposure to a plane that people continue to lose confidence in is very much an AS problem.
This week I had two choices for a transcon flight. Flights departed/arrived within five minutes of each other. Same price. Same airports. One was an AS 737 MAX 9, and the other was a Delta A321neo.
My home airport is majority-AS, and I have their CC, and I still went with Delta.
Thanks KT for sharing. It does seem like it’s not just a domestic flight issue but international flights too. Did you fly out of SFO?
KT
PDX is my home airport.
Omg, I hope that your door was not open
KT
OOOh I struck a nerve lol
you out of your mind thinking people only fly AS with AS miles?
I use AS program to redeem partners flight.
I once have 200K AS miles and used it up for 2 JAL Biz class JFK-HND and 1 First class for HND-JFK.
And AS also added redeem option with StarLux last year..
Really don’t care about domestic flight which has very little redeem value
I’ve been getting Citi AA Platinum card offer almost every week. Today I just received their best offer yet: 80k AA miles after $4k spend (1st year fee waived as usual). I believe this is the best offer on that card ever.
hell yeah! make sure to close/product change the card later. i changed mine to citi costco through the chat.
How long do you think Bilt is gonna last? It seems like they have some performance issues and it’s very premature. How are they gonna compete with transferrable points like Amex and Chase?
Hopefully as long as possible. For Wells Fargo, it seems to be a loss-leader strategy: bring in new customers, even if it is not profitable. Meanwhile, us renters can make a few hundred bucks a year off rent. A win-win.. while it lasts.
What performance issues? I’ve never had an issue with my Bilt card. I’ve only been transferring points to Hyatt and it’s been great so far.
I have had multiple credit cards from multiple banks, including Amex, for many years.
The Bilt card has been the one only which had fraudulent charges, and I had to replace my card three times. The second time there were fraudulent charges before I even received the card in the mail…
Bilt is supposedly profitable, and the credit card isn’t their primary niche. They’re definitely making money on their rent portal.
AA wants you to use their credit card(s) for miles earning, so this isn’t too surprising with all their other changes. You can usually find better deals booking with British Airways anyways.
Assuming there is availability. Much better availability on AA with AAdvantage miles.
Oof this is a major blow to the BILT Mastercard. It was on my list of cards that I wanted to obtain, but AA was the major reason I liked this card besides getting 1x points on Rent.
Is the Bilt card still worth getting. I recently learned they give you an account number so you can use Venmo for rent payments and avoid the fee. Is this the only credit card that has something like this? Would def appreciate points for rent payments.
Yes that is correct.
I still personally think it’s worth it for earning points on rent. But the trade-off is that there’s no SUB so you might be better off getting a different card with a high SUB. I don’t spend enough to constantly chase SUBs so that wasn’t a huge inconvenience for me
I’m in the same boat, I don’t spend much so I’m usually doing bank bonuses over credit card subs. Do you usually transfer your bilt points to a partner or do you just redeem them for statement credits?
Yes, it’s still worth it since you are earning something on rent payments where you normally wouldn’t be (or would at least be incurring a credit card processing fee). There’s no reason to use Venmo with Bilt, they give you a routing and account number so that you can set up an ACH like transaction with your landlord (or just mail a check too).
Wait you can do a direct transfer? I might have misunderstood, but it sounded like you cannot send an ACH with Bilt (outside of the Venmo approach). I’d prefer the direct transfer (bank to bank) method (instead of involving Venmo or checks).
Yes BILT will give you a routing/account number to use for ACH payments *for rent only*. You can choose if you want the rent payment to pull directly from a bank account at time of (shortly after) transaction or if you want it to hit your credit card account and then you pay credit card normally at end of month or such.
That sounds great! Will there be any verification issues if it’s a private landlord and not a registered company being paid?