3 new Bilt cards coming 2/7/26; midday today (11/5) is last opportunity to get Bilt card from Wells Fargo

Bilt announced today that its lineup of three new credit cards issued by Cardless will be launched on February 7, 2026.

While it’s great to get a heads up three months in advance about that upcoming change, they’ve sadly decided to leave it until the literal last minute hour to simultaneously share that if you don’t already have a Bilt credit card and would like one before February 7, you need to apply by midday today (November 5), because after that there won’t be any applications taken for their cards for another three months.

New Bilt credit cards

We still have limited information about the three new Bilt cards being launched in February. We know that one will have a zero annual fee, one will have a $95 annual fee and the other will have a $495 annual fee, but details are scant beyond that. A bigger announcement is scheduled for “early January”, so it’ll likely still be a couple of months until we get more details, unless something leaks early.

Current Bilt cardholders

If you currently have a Bilt Mastercard issued by Wells Fargo, there’s not any change to that right now. You can continue using it for everyday use, earning points as normal through February 6, 2026.

After the aforementioned announcement of the new card lineup in early January, Bilt will give existing cardholders the option of whether they wish to move their card to Cardless, offering the choice of the three different cards to convert to. There will be a soft credit pull for doing this and the new card will be delivered to your home by February 7 to ensure there’s no interruption in your ability to use the card.

Your subscriptions, autopay, and saved payment methods will remain on your account, plus you’ll be able to move over any existing balance (which is subject to approval from Cardless).

If you don’t wish to have your card move over to Cardless, you can keep your card open with Wells Fargo, but it’ll be converted to an Autograph Visa with a different card number.

We’ve reached out to Bilt for confirmation on the following questions, so I’ll update this post once we receive a reply:

• If existing cardholders don’t make a selection as to which card they want after February 6, what will the default option be? Will they automatically get converted to the zero annual fee card, or will it automatically stay with Wells Fargo and get converted to an Autograph card?
• Will existing credit limits remain the same with Cardless?

Mortgage payments

Bilt recently announced a partnership with United Wholesale Mortgage so that UWM’s customers could earn Bilt points for mortgage payments. That’s presumably regardless of whether you have a Bilt credit card or not.

They’ve also confirmed that those who get one of the new Bilt credit cards from Cardless will have the ability to pay their mortgage – regardless of who it’s issued by – and earn Bilt points on the payment. We already knew that was the plan, but it’s been confirmed again, so it’s good to see that it hasn’t fallen by the wayside in recent months.

There’s still no further information regarding earning rates, associated fees, etc. though, so the value proposition for paying your mortgage with one of the new Bilt credit cards is still to be confirmed.

Quick Thoughts

It’s nice to finally have a launch date for the new Bilt/Cardless cards, although it’s a shame that we have to wait another two months to get even further details about them.

What’s even more of a shame is that people who’d been interested in getting the existing Bilt Mastercard only have until midday today to apply. It would’ve been nice to have received the courtesy of an announcement more than a couple of hours ahead of the cutoff time as this was presumably decided on by Bilt since longer ago than their press release this morning.

It also looks like existing Bilt cardholders will have their Chase 5/24 status affected unless they cancel their card altogether. That’s because if you move your card to Bilt, it’ll show up as a new card on your credit report. If you remain with Wells Fargo and get converted to an Autograph Visa, it’ll get a new card number and thus will presumably also show up as a new card on your credit report in February.

Chase’s 5/24 Rule: With most Chase credit cards, Chase will not approve your application if you have opened 5 or more cards with any bank in the past 24 months.

To determine your 5/24 status, see: Easy Ways to Count Your 5/24 Status. The easiest option is to track all of your cards for free with Travel Freely.

For people who are well over 5/24, this might not be any cause for concern. For someone who anticipated dropping below 5/24 next spring though – or for someone who’s currently at 4/24 – this conversion could have a big impact on their ability to get new Chase cards.

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