The Bilt Mastercard is a strong choice for renters looking to earn rewards on rent payments and those who value a no-annual-fee card with flexible point transfer options. The World of Hyatt Credit Card is better suited for frequent Hyatt guests who can take advantage of the hotel benefits, generous earning rates on Hyatt purchases, and the annual free night certificate, despite the annual fee.
| Attribute | Bilt Mastercard | World of Hyatt Credit Card |
|---|---|---|
| Annual Fee | $0 | $95 |
| Welcome Bonus | No traditional welcome bonus. Some users have reported receiving an email offering 5x rewards on all charges (excluding rent) for the first five days, up to a maximum of 50,000 points. | Earn 30,000 bonus points after spending $3,000 on purchases in the first 3 months from account opening. Plus, earn up to 30,000 more bonus points by earning 2 bonus points total per $1 spent in the first 6 months from account opening on purchases that normally earn 1 bonus point, on up to $15,000 spent. |
| Earning Rate on Travel Purchases | 2 points per $1 spent on travel booked directly with airlines, hotels, cruise lines, and car rental agencies. On Rent Day, earn 4 points per $1 spent. | 4 points per $1 spent on qualifying purchases at Hyatt hotels and resorts. Also, earn up to 5 base points from Hyatt per eligible $1 spent for being a World of Hyatt member. This means you can earn up to 9 points total per $1 spent at Hyatt hotels & resorts. 2 points per $1 spent on airline tickets purchased directly from the airline, local transit and commuting. |
| Earning Rate on Dining Purchases | 3 points per $1 spent. On Rent Day (the first of each month), earn 6 points per $1 spent. | 2 points per $1 spent at restaurants. |
| Earning Rate on Other Purchases | 1 point per $1 spent. On Rent Day, earn 2 points per $1 spent. | 2 points per $1 spent on fitness club and gym memberships. 1 point per $1 spent on all other purchases. |
| Point Transfer Partners | Aer Lingus AerClub, Air Canada Aeroplan, Air France/KLM Flying Blue, Alaska Airlines Mileage Plan, Avianca LifeMiles, British Airways Executive Club (Avios), Cathay Pacific Asia Miles, Emirates Skywards, Hawaiian Airlines HawaiianMiles, Hilton Honors, IHG One Rewards, United Airlines. Most transfers occur at a 1:1 ratio. The exception is Accor Live Limitless (ALL), which has a 3:2 ratio (1,000 Bilt Points become 666 Accor points). Minimum transfer amounts vary based on Bilt Rewards status. Blue tier members must transfer a minimum of 2,000 points, while Silver members and above can transfer a minimum of 1,000 points. Transfers are generally immediate but can take up to 48 hours. Southwest transfers may take up to 72 hours. Once transferred, points cannot be reversed. | Points can be transferred to airline partners. Generally, transfers have a ratio of 5:2. |
| Hotel Benefits | Bilt points can be transferred to hotel partners like World of Hyatt for luxury stays. Examples of potential redemptions with World of Hyatt include Alila Napa Valley and Alila Ventana Big Sur for 40,000 points per night. | Annual free night certificate at a Category 1-4 Hyatt hotel after each card anniversary. Complimentary Discoverist status. Benefits include 2 p.m. late checkout, preferred rooms, and premium internet access. Five elite-qualifying night credits each year. Two elite-qualifying nights for every $5,000 spent on the card. |
| Airline Benefits | Bilt points can be transferred to a variety of airline partners, allowing for booking flights with different alliances. For example, 87,000 Bilt Rewards points can be transferred to Emirates Skywards to book a one-way business class flight from New York (JFK) to Milan (MXP) or Newark (EWR) to Athens (ATH). | Reciprocal benefits with American Airlines for Discoverist members. Eligible World of Hyatt members can redeem points for AAdvantage benefits when accounts are linked. |
| Redemption Options | Travel through the Bilt Travel Portal, Transfer points to airline and hotel partners, Rent credit, Down payment on a home, Statement credits (at a lower value), Fitness classes, The Bilt Collection (art, home decor), Amazon purchases (at a lower value), Lyft rides (at a lower value). | Free nights at Hyatt hotels and resorts, Room upgrades, Hyatt experiences, Airline transfers. |
| Credit Score Required | A good to excellent credit score (670-850) is recommended. Some sources suggest aiming for a FICO score above 700 or even 740 for better approval odds. | A good credit score is recommended. FICO scores ranging from 670 to 739 are considered good. Some sources recommend a score of 700 or higher. |
| Foreign Transaction Fees | The Bilt Mastercard has no foreign transaction fees. | None. |
| Travel Insurance Coverage | Trip Cancellation and Interruption Protection: Up to $5,000 reimbursement for nonrefundable fares if a trip is canceled or interrupted for a covered reason. Trip Delay Reimbursement: Up to $200 per day per traveler, with a maximum of $1,800 for all covered travelers per trip, for expenses incurred due to trip delays of six hours or more. Auto Rental Collision Damage Waiver: Reimbursement up to $50,000 for damage or theft to a rental vehicle when you pay for the rental with the card. Primary coverage in most states, secondary in New York. | Trip cancellation and trip interruption insurance: Up to $5,000 per person and $10,000 per trip. Trip delay reimbursement: Up to $500 per ticket for expenses such as meals and lodging if your travel is delayed by more than 12 hours or requires an overnight stay. Lost luggage reimbursement: Up to $3,000 per passenger. Baggage delay insurance: Reimburses you up to $100 a day for up to 5 days for essential purchases like toiletries and clothing when baggage is delayed over 6 hours. Auto rental collision damage waiver (CDW): Provides reimbursement for theft and collision damage for rental vehicles. |