7: Bilt Different: The Credit Card Turning Rent into Billions

We dive into Bilt Mastercard, a groundbreaking product launched in 2021 in partnership with Wells Fargo, aimed at turning rent payments into rewards. We discuss key metrics for Bilt's growth, such as monthly spend, total rent payments processed, and churn rate. The conversation covers Bilt's unique strategies, including offering rewards on rent to differentiate itself in the market. We also explore future opportunities for Bilt, like security deposit loading, real estate investments, and roommate matching, highlighting its potential as a billion-dollar product.