Bilt Cards Now Exclude Tax Payments, eBay, Facebook Marketplace, More
The recent launch of Bilt Card 2.0 introduced significant changes that cardholders should be aware of. Notably, the new terms exclude rewards for tax payments and purchases made through certain online marketplaces, including eBay and Facebook Marketplace.
Bilt Card 2.0 Key Updates
The updated terms of the Bilt Rewards Card specify “eligible purchases,” which clarify the transactions that earn rewards versus those that do not. Understanding these distinctions is crucial before using the card extensively.
Purchases Excluded from Earning Rewards
- Tax payments
- Balance transfers
- Cash advances
- Money orders
- Online resale marketplaces (e.g., eBay, Facebook Marketplace)
- Cryptocurrency transactions
- Lottery tickets and betting transactions
These exclusions may come as a surprise, particularly the decision to not reward tax payments—often regarded as standard transactional behavior eligible for rewards across many credit cards. This change could impact users planning to leverage tax payments for earning rewards points.
The Ambiguity of Marketplace Transactions
Another point of concern is the lack of clarity regarding online marketplaces. If the card excludes transactions from common platforms like eBay and Facebook Marketplace, questions arise about others, such as Etsy and Amazon Marketplace. This ambiguity could lead to misunderstandings for cardholders who frequent these sites for purchases.
What This Means for Users
Many cardholders may find this exclusion disappointing, especially during tax season when they might have planned to utilize the card to maximize rewards on their taxable purchases. While other cards typically offer rewards for such payments, Bilt Card 2.0’s policies diverge from this norm.
As cardholders navigate these updated terms, it’s wise to remain conscious of how these restrictions could affect their earning potential. Although the Bilt Rewards Card has avenues to earn points, it is essential to understand the transactions that qualify and those that do not.
We will keep an eye on further developments regarding Bilt Card 2.0’s terms. For those interested in maximizing their rewards with miles and points, subscribing to updates or listening to our podcast may offer valuable insights.
