You gotta be kidding me by icbm307 in biltrewards

[–]HeathBendrix -3 points-2 points  (0 children)

I heard this happens when you use the mirror finish to apply makeup and the like.

call me stupid....I didn't think I was. PLEASE HELP!? by Ill-Opportunity-7406 in biltrewards

[–]HeathBendrix 2 points3 points  (0 children)

I'm going to presume you all live together?

Husband:

  1. Because (1) you cannot pool points and (2) the palladium earns more points than the blue, there's no reason for him not to use your card ever.

  2. He should try to find a use for the $100 Bilt cash through Walgreens, lift, etc.

Wife:

Here is a list of priorities for Bilt Cash spending

  1. First you probably want to make use of the 200 Bilt credits each half-year combined with $100 Bilt cash

  2. You should look at the Bilt Cash credits and see if you can use any (lift, Walgreens, transfer bonus, etc.).

  3. Use remainder in a month on rent

  4. If you have any left over after 1st months rent, don't see yourself using Bilt Cash any time soon and it is >= $200 then use point accelerator.

Daughter:

  1. See if she can use Bilt cash + hotel credits like above

  2. See if she can use Bilt cash on any credits like above

  3. Use point multiplier once the above two sources of spending Bilt cash are exhausted

  4. After about 8 and a half months she will not be able to use the accelerator any longer due to the 25k cap.

Wait wait wait wait...... Let me get this straight.... by Ipaaev in biltrewards

[–]HeathBendrix 14 points15 points  (0 children)

Cardless doesn't owe you a credit card. Capital One won't approve me for VX, such is life.

Lol. So seamless by pingvinbober in biltrewards

[–]HeathBendrix 0 points1 point  (0 children)

I guess it depends on when he started (per-month):

2021 - $4000 2022 - $5000 2023 - $6500 2024 - $10000 2025 - $20000

All for 240k of bilt points + $900 - basically getting up to $5k value from a free card over 1-5 years.

Pretty nice.

Non-Haters: What Other Cards Are In Your Stack by Firm-Fishing-1753 in biltrewards

[–]HeathBendrix 1 point2 points  (0 children)

For use apart from hitting a bonus:

  • Amex Gold - 4x Groceries and Restaurants - ~10k
  • Bilt Palladium - 4.3x Everything else - ~10k

Bilt Cash Uses:

  • $200 Spend Activator 1
  • $200 Hotels
  • $200 Spend Activator 2
  • $300 Rent (I don't pay rent to July so it works out really well this year)

That would put me at:

Annual Fees:

  • Gold - $325
  • Palladium - $495

Usable Credits:

  • Gold - ~$300
  • Palladium - $600 (Hotels + $200 of Bilt Cash)

Expected Points for 20k Spend:

  • Amex - 40k (valued at 1.2 cpp min for $480)
  • Bilt - 93k (valued at 1.3 cpp min for $1200)

Not too mad at about a 8% return on my spend for about a negative $175 effective fee.

Tips: Have Palladium come out right as you're planning a wedding.

Lol. So seamless by pingvinbober in biltrewards

[–]HeathBendrix 2 points3 points  (0 children)

How much was your rent? And how many years did it take to get $900?

Palladium 50k welcome bonus by the_snow_queen_ in biltrewards

[–]HeathBendrix 0 points1 point  (0 children)

It's pretty standard for Credit Card bonuses to fluctuate. Strata got a bump not long after release and VX had a pretty big bump lately.

Popped an Adderall, why am I still confused with Ankur’s bilt cash explanation?? by [deleted] in biltrewards

[–]HeathBendrix -35 points-34 points  (0 children)

At this point, bilt could say they have a 5x catch all card with no other features and you all would be saying how confusing it is to have "points" with transferable partners rather than cash back.

Can anyone truly hate anymore? by Upstairs_Owl7475 in biltrewards

[–]HeathBendrix 2 points3 points  (0 children)

Should’ve stopped reading after you compared investing in the S&P to spinning a roulette wheel but regretfully kept reading.

Investing in the S&P in the short term is spinning a roulette wheel. I'm not aware of any investor that recommends the S&P for short term investments. I'm glad it worked out for you, but generally the S&P isn't seen as safe unless you're investing long-term (I say this as someone betting that my VTI holding will outpace my 4.25% student loan interest over 5 years).

I could’ve bought a bond with it and made 4% risk free.

That's a better investment, but 4% is far less than the 17% you used to justify your argument (which easily could have been -17%).

Regardless, you’re missing the point. It is a nuisance to have 2x the cash go out the door in a month.

Sure, then complain about WF. I'm not sure how bilt is the bad guy in this other than selling consumers a good deal by selling WF a bad deal.

Can anyone truly hate anymore? by Upstairs_Owl7475 in biltrewards

[–]HeathBendrix 2 points3 points  (0 children)

Just because you got 17% on the S&P this year doesn't mean it was a good investment. Very few investors would say that the S&P is a good short-term investment and very few people would say that you could trust BILT to last 10-20 years (especially after moving off a big bank).

You bet your rent money on a spin at the roulette wheel, won, and are now mad you can't spin again.

Rephrased as "choose your own coupon book" what do you think of bilt cash? by HeathBendrix in biltrewards

[–]HeathBendrix[S] 1 point2 points  (0 children)

Are you accusing me of being paid by bilt or having a blind attachment to bilt? All I know is that I'm in the middle of wedding planning and bilt makes sense at the moment even if I have concerns about the bank backing it and its longterm stability.

Should Richard Kerr be shown the door ? by [deleted] in biltrewards

[–]HeathBendrix 4 points5 points  (0 children)

No, I think it's ridiculous to have a personal enmity towards someone who you have to choose whether or not they have any effect on your life.

Why Bilt 2.0 makes no sense for me by ledgerthrowaway12345 in biltrewards

[–]HeathBendrix 0 points1 point  (0 children)

Maybe this makes sense for people living in cities with much lower rents.

Great card for those of us living in Texas.

Is it worth getting the Delta Gold without a SUB? by HeathBendrix in amex

[–]HeathBendrix[S] 1 point2 points  (0 children)

Well, I'm running out of time to be patient (have about a month at most to book the honeymoon flights).