The Built MasterCard offers unique benefits for homeowners and renters, allowing them to earn points on rent and mortgage payments. Starting in 2025, homeowners can earn points for mortgage payments, while renters can enjoy enhanced rewards on Rent Day. This blog post explores the card's features, upcoming benefits, and how to maximize point earnings.
Launched in 2021, the Built MasterCard was the first credit card that allowed users to earn points for paying rent. As the only card of its kind, it has garnered attention for its unique offerings. But what about homeowners with mortgages? Exciting developments are on the horizon for 2025 that will benefit both renters and homeowners alike. In this blog post, we will explore the features of the Built MasterCard, the upcoming benefits for homeowners, and the special Rent Day events planned for 2025.
The Built MasterCard is designed to help users earn points while managing their expenses. Here’s a high-level overview of its key features:
One of the most exciting announcements for homeowners is the ability to earn points for mortgage payments, set to launch in 2025. This feature will allow homeowners to earn points similar to how renters currently earn points on their rent payments. While details are still emerging, the expectation is that this will create a new category of value for homeowners.
For prospective homeowners, the Built MasterCard has already introduced a feature that allows users to earn points when purchasing a home. Specifically, users can earn 1 Built point for every $2 spent on the home’s purchase price. For example, purchasing a $1.3 million home could yield over 670,000 points at closing. To qualify, buyers must work with a Built partnered real estate agent, which can be found through the Built app.
Finding a partnered agent is straightforward:
This process allows buyers to earn points on their home purchase, making it a lucrative opportunity for real estate investors and first-time buyers alike.
On January 1, 2025, a special Rent Day will take place, featuring several exciting benefits for Built MasterCard users:
The Built MasterCard is revolutionizing how homeowners and renters can earn rewards on their housing expenses. With the upcoming ability to earn points on mortgage payments and the exciting Rent Day benefits, this card is poised to become an essential tool for anyone looking to maximize their financial rewards. If you are considering applying for the Built MasterCard, now is the time to act in anticipation of these new features. Don't miss out on the opportunity to earn points while managing your housing costs!
