Bilt has sent out a letter to members for 2024 and discusses a road map for 2025. The main message seems to be downplaying the importance of the cobranded card with Wells Fargo:
But more importantly, I’ve been reading and passing along your feedback and requests for the current Wells Fargo issued-and-operated Bilt card program. We know you want more premium offerings – and also ways to earn points on your mortgage payments. We also hear the challenges many of you have had with approval rates, credit line sizes, and the need for core tech features like authorized users, pay over time, and auto-pay integrations. Some of you have mentioned that your credit limits are too low to cover more than a month or two of rent, leaving little room to take full advantage of the card’s benefits – especially considering the average FICO for these members is above 750. We hear you loud and clear. These are all things that require support from our issuing bank partner, and we’re actively working on solutions
Hinting at earning points on mortgage payments (points on home purchases was already announced).
We’ll announce the first phase of plans in the mortgage space, creating a whole new category of value for homeowners. Whether you’re making monthly payments or refinancing, you’ll soon be able to earn points on your mortgage payments.
It also seems like they might offer a tiered card structure at some point:
With guidance from industry legends Ken Chenault (former American Express CEO and Bilt Chairman) and Phillip Riese (former President of American Express Consumer Card), we are building towards Bilt Card 2.0. This next evolution of our card program would focus on tiered offerings that better serve different member needs while delivering enhanced value through new benefits on housing spend and our neighborhood network.