My mortgage got sold to United Wholesale Mortgage who uses Bilt
I have been searching a lot but I'm not finding the answers.
So my mortgage was literally written and immediately sold to United Wholesale Mortgage who partners with Bilt to pay the mortgage.
In the Bilt site, my payment options are:
- Credit - 3% fee, earn 1 point per $2
- Debit - $9.95 fee, earn 250 points
- ACH (Plaid or manual) - no fee, earn 100 points
.
Question 1: Does the 3 transaction limit per rolling 30 days apply for mortgages or is that only for rent?
Question 2a: If the answer to question 1 is "no", is there is minimum payment that is required to earn the 100 points? Could I make 40x$100 payments and earn 4,000 points on a $4,000 monthly payment or is it only 100 points on the full monthly contractual payment?
Question 2b: Also if question 1 is "no", are 100 points earned on ACH payments towards principal? Could I make a ton of $100 principal payments and earn 100 points each?
Question 3: Is there any value to getting the Bilt credit card in my situation? I'm not getting charged a fee for Plaid-connected ACH payments. Would the Bilt credit card come with a lower credit fee? Would I earn double points with the Bilt credit card since the mortgage is directly serviced with Bilt?