The Unusual Economics of the Bilt Credit Card

June 26, 2024

The Journal podcast (Wall Street Journal), June 25, 2024–AnnaMaria Andriotis
Rent has long been an expense people wanted to pay on credit cards. In 2022, Wells Fargo launched a credit card with Bilt Technologies that allowed users to pay for rent, avoid processing fees and earn points. But the partnership is costing Wells Fargo millions.
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