My Bilt Mastercard imploded rather than earned points about a month or so after I received it. As advertised, the goal is to accumulate enough points to help pay rent as well as receive other benefits. But the opposite occurred.My BILT Mastercard Imploded
When I first discovered it, I wondered if I might not fit into the targeted demographics. But the BILT website was so appealing. It offered all kinds of irresistible perks that I couldn’t resist.
Beware Temptations But the following inconsistencies were a concern. Seniors my age usually don’t pay rent. Owning a home or other property is more likely. In addition, an older person might not belong to a youth oriented fitness club. Also, a vacation might not be the priority for a senior needing to reduce their rent payment.
BILT Mastercard fitness features
So Why Did I Persist? Other details about the practicality of the BILT Mastercard should have stopped me in my tracks. For instance, within a week of receiving the card, the company’s phone system went on the blink. So communication was limited to electronic means only. As a result, the important questions I needed immediate answers to did not get answered.
Travel points are featured on BILTRewards.com
One Solution Leads to Another Problem Once live communication resumed, I found that my calls went to a very noisy call center. Specifically there were several operators yelling over each other to the customers all at once. As a result, I could not hear my operator. But I did hear all the other operators yelling at their customers instead.
Antique switch board from qz.com
When to Charge, Then How to Pay? The next problem occured when I did use the card to charge purchases. I thought that I was billed more than once for the same items. In other words almost $1500 extra. As a result, I had to leverage and pay a $30. stop payments on my credit card assigned to bill payment.
Penalty Rather Than Payment Therefore, because of the $1500 discrepancy, I had to put a stop payment of $30. against the account that only earned $22 the month before. Eventually that fee was waived. But until then, I had to pay for being a BILT card carrier rather than earning points towards any featured luxuries.
Points can be used for hotel stays
Misleading Glamour Actually the promotions on the website were quite glamorous which made the BILT Mastercard very tempting. But the shock was that the point earned to payment ratio pathetic. In fact I was crushed when I learned that 1000 point only equalled $11. It would take forever to realize my needs, dreams, as well as desires.
Ultimately I had to stop all payments to the payments credit card. Therefore I now have the additional challenge of paying my BILT Mastercard charges on time.
The BILT Collection offered as part of BILT Rewards.com
Confusion So far, I still get very confused whether to charge purchases with the BILT Mastercard or make payments for them with my checking account. As a result, I received the following notice on my account online.
Temporary restriction imposed by Bilt Mastercard
After my inquiry, I immediately forgot how to charge something rather than where to pay for it. I repeatedly found this to be a confusing low paying, time wasting program.
CONCLUSION
The BILT Rewards Mastercard is probably the worst credit card I ever signed up for. For example, it is misleading and very hard to follow. Specifically, I have had many problems with the bookkeeping aspect of it. In fact, I have spend so much time and gotten so little in return.
Therefore as soon as this card is paid off, I will close it. As a result, it will no longer be part of my credit card wallet. In addition, I do not recommend that anyone else sign up for it. This is because all that glitters is not gold. Thus this one will tarnish very quickly. So beware and be forewarned, consumer.
