Bilt 2.0 revisited: Here's who the new cards are for — and who should pass

It's been nearly two months since the launch of Bilt 2.0 . Now that the confetti has fallen, it's time to take another look at this version of Bilt. While it's as complicated as it originally seemed, Bilt is also manageable if you know what you want to get out of it. And with the rollout of three new Bilt Rewards credit cards, the best features of the program are more accessible. It may not be the right travel rewards program for everyone, but it's worth careful consideration; there's a lot to love about the new Bilt. Here's who I think should and shouldn't apply for a Bilt card and what my Bilt credit card application plans are. Reevaluating the Bilt credit cards 3 reasons a Bilt card should be in your wallet 2 reasons to hold off on applying for a Bilt card My Bilt card application plans 3 reasons a Bilt card should be in your wallet With a bit of effort, you can set up the Bilt cards to outperform comparable rewards credit cards . When you factor in Bilt's track record of stellar promos and transfer partners, you could be missing out on a lot of value by overlooking Bilt. You can turbocharge your Bilt card to outperform the competition With Bilt's point accelerator, you can earn 2X to 3X points everywhere or effectively 5X points within bonus categories (up to the annual cap). The point accelerator feature allows you to spend $200 in Bilt Cash to unlock an extra 1X points on up to $5,000 in spending (up to five times per year for 1X bonus points on up to $25,000 in purchases per year). You can earn 4% in Bilt Cash on all purchases (depending on the option you choose for earning housing rewards), which means every $5,000 you spend earns you another $200 in Bilt Cash for the next points accelerator. This strategy can propel the Bilt cards beyond the competition. If you maximize the points accelerator, the Bilt Obsidian Card (see rates and fees ) can earn up to 5X points on up to $25,000 in your choice of dining or grocery purchases every year. That's comparable to ...