Bilt Mastercard Allows Renters to Pay Via No-Fee Credit Card
Bilt Rewards and Mastercard recently announced a multi-faceted partnership to launch the Bilt Mastercard. The co-brand credit card offers renters across the United States a way to pay rent via credit card with no fees, earn points and boost credit history with every on-time rent payment.
“Housing is the single largest expense for most Americans, and rent is one of the only expenses that you couldn’t earn points on without fees,” says Ankur Jain, Bilt Rewards CEO and founder. “Together with Mastercard, we have created a product that turns renting into a path forward for this generation, enabling them to earn points, build their credit and even chart a path towards homeownership. Not to mention it’s 2021, and renters shouldn’t have to pay rent with a check.”
Veritas Investments is one of Bilt’s exclusive partners in the endeavor.
“This partnership will allow Veritas to provide yet another way to support our residents by giving them more payment flexibility, added convenience and the ability to build their credit histories all by simply paying their rent,” says Yat-Pang Au, Veritas Investments CEO. “While Veritas has already waived credit card transaction fees as an added way to support our residents during the COVID-19 pandemic, this new service from Bilt also gives our residents a permanent fee-free option for paying rent, all while taking advantage of Bilt’s other unique benefits.”
Lisa Brown has decades of experience in corporate communications and marketing management with organizations including Coldwell Banker Residential, Grubb & Ellis, Marcus & Millichap, NAIOP, SIOR and ALM.
In those positions, she worked in conjunction with chief executive officers and chief marketing officers to create corporate messaging, cohesive branding standards, strategic marketing plans and thought pieces. Brown is a frequent speaker at industry events and an editing adjunct professor for an online course. She has a master’s degree in mass communications from San Jose State University.