Cardless/Bilt conversion Denied

[USMCOne]

Was denied myself. Great credit, no balances. Said I had to many inquiries as well. Got a email from BILT saying they are aware some are being denied but have high credit, no issue BILT cardmembers etc. States they are doing physical reviews of cases this impacts and they will be in touch. 

Pretty sure they didnt care about any of us that they somehow found not to be worthy when we are but the rejection rate metric wise was probably higher then they anticpated. Looking at that they probably have issues with it. 

Hopefully if one wants this card is a present user of it and has excellent credit gets it.

[brianjeffriesoc]

Same here. Had the Wells Fargo Bilt card for over a year, well established credit file with with over a dozen trade lines including a mix of revolving (all being bank cards from traditional big banks) and a couple of paid off installment loans, two paid off car loans, and a third almost paid off car loan, two or three new accounts in the past 3 years, absolutely no derogs (ever) on all three bureaus, 780 FICO 8, less than 3% credit utilization ratio and about a half a dozen recent inquiries on Experian from car shopping. Wrote to Bilt that it looks like Bilt 2.0 has a bright future... For Wells Fargo, if they're looking to purge customers like me.

[USMCOne]

Had to email them about this. Got my reinvite today but for the entry and middle card. Selected middle one. Interestingly gave me the choice of keeping my original line of credit and converted to Wells Fargo. Also hard credit check required to absolve. 

[Jeffster1]

---

@USMCOne wrote:

Had to email them about this. Got my reinvite today but for the entry and middle card. Selected middle one. Interestingly gave me the choice of keeping my original line of credit and converted to Wells Fargo. Also hard credit check required to absolve. 

---

I'm confused. I've had BILT since 2022, and had decided I would just let it convert to the WF Autograph. I thought maybe I would apply for BILT again down the road after the real world reviews came in after rollout. 

I read about all the BILT 2.0 denials for existing BILT cardholders, and curiosity got the best of me. I tried the prequal and was denied due to too many recent inquiries. No big deal. 

This afternoon I received an email  inviting me to accept my BILT 2.0 offer. It said no HP would be made as long as I accept by 1/30/26, and said I would keep my existing account number. 

There is no mention of whether acceptance of the BILT 2.0 cancels issuance of the  WF Autograph. I'd rather have the Autography, but, of course, I would take both if I could with no HP.

I am reluctant to click ACCEPT. 

[12njoy]

@USMCOne That's odd that a HP would be required.

[12njoy]

@Jeffster1 You can have both

[Jeffster1]

---

@12njoy wrote:

@USMCOne That's odd that a HP would be required.

---

I don't get that either. Mine said no HP if accepted by 1/30/26.

[imaximous]

---

@Jeffster1 wrote:

---

@USMCOne wrote:

Had to email them about this. Got my reinvite today but for the entry and middle card. Selected middle one. Interestingly gave me the choice of keeping my original line of credit and converted to Wells Fargo. Also hard credit check required to absolve. 

---

I'm confused. I've had BILT since 2022, and had decided I would just let it convert to the WF Autograph. I thought maybe I would apply for BILT again down the road after the real world reviews came in after rollout. 

I read about all the BILT 2.0 denials for existing BILT cardholders, and curiosity got the best of me. I tried the prequal and was denied due to too many recent inquiries. No big deal. 

This afternoon I received an email  inviting me to accept my BILT 2.0 offer. It said no HP would be made as long as I accept by 1/30/26, and said I would keep my existing account number. 

There is no mention of whether acceptance of the BILT 2.0 cancels issuance of the  WF Autograph. I'd rather have the Autography, but, of course, I would take both if I could with no HP.

I am reluctant to click ACCEPT. 

---

If I remember correctly, after clicking Accept, the next pages ask you about Additional Users and if you'd like to keep your current Bilt card or close it. They can't just close your Wells account without your consent.

[12njoy]

@imaximous That is my understanding that the applicant would be given the option to close the WF account.  The applicant could then decide to close WF or leave it alone and let it convert to Autograph.

[imaximous]

---

@12njoy wrote:

@imaximous That is my understanding that the applicant would be given the option to close the WF account.  The applicant could then decide to close WF or leave it alone and let it convert to Autograph.

---

You are, in fact, given the option. I just did this myself, but can't remember exactly the order in which the pages came after clicking ACCEPT.

I chose to keep my original Bilt 1.0 open and will let it convert to Autograph. Initially, I thought about closing it, but it's a $30k credit line and the account history remains. The one that reports as new is the 2.0 card. Who knows what's going to happen with this new Bilt card since not even the creators themselves seem to know and come up with new stuff as they go