Wells Fargo unveils credit card that rewards rent payments
CBSN
Wells Fargo says its new credit card is the first to let the nation's 109 million renters pay their landlords each month while earning points and miles.
Wells is partnering with Bilt Rewards on a Mastercard that can be used to make payments on any rental property in the U.S. without incurring transaction fees, the San Francisco-based lender said on Monday. Buildings that don't accept credit card or digital payments will be sent a check after the cardholder uses their Bilt app to pay their rent.
Bilt is a loyalty program for renters started last year by a group of large property managers and owners including Blackstone and Camden, Cushman & Wakefield, which oversee more than 2 million apartment units. Rent payments using the card would come from a linked bank account.
The launch of Boeing's star-crossed Starliner spacecraft on its first piloted test flight is slipping to at least June 1 to give engineers more time to assess a small-but-persistent helium leak in the capsule's propulsion system, and its potential impact across all phases of flight, NASA announced Wednesday.
Washington — As former President Donald Trump's "hush money" criminal trial in New York proceeds to closing arguments next week, the legal focus is moving south. His attorneys and longtime aide Walt Nauta appeared before Florida federal Judge Aileen Cannon, where they sparred with prosecutors during two contentious, day-long hearings on Wednesday.