Annoying: Bilt's Credit Cards Won't Award Points On Tax Payments
One Mile at a Time • • business
Key Points:
- Bilt has introduced three new credit cards with a revised points system, but the changes have been met with criticism due to increased complexity and exclusions on earning points.
- Notably, Bilt’s new cards explicitly exclude earning points on tax payments made by credit card—a unique restriction not found in other major credit cards.
- This exclusion frustrates self-employed users who rely on credit card tax payments to accumulate rewards, undermining Bilt’s promise of rewarding everyday spending.
- Despite Bilt’s high valuation and previous emphasis on rent rewards, the new cards include several carve-outs that limit point-earning potential, leading to skepticism about their overall value, especially given the high $495 annual fee on the Palladium Card.
- While
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