Personal Card

Bilt Palladium Credit Card

Written by: Adam Seper

The Bilt Palladium is Bilt’s top-tier card, offering the most value and the best path to earning points for their excellent transfer partner network.

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Bilt Palladium Credit Card Review

Key Takeaways

While the $495 annual fee is steep, the first-year value more than offsets it and gives you the chance to earn serious points for high-value transfers to partners like Hyatt, Alaska, and Japan Airlines. Whether it’s worth keeping long-term depends on how much effort you're willing to put in to earn points on rent or mortgage.

Why This Card Could Be Right For You

You’ll earn $300 in Bilt Cash just for signing up, which can be used to earn points on your rent or mortgage. Every $30 in Bilt Cash covers the fee for earning 1 point per dollar on $1,000 in rent or mortgage payments. You’ll also earn 4% back in Bilt Cash on all non-housing purchases, helping you build a stash to offset future fees. The Palladium also offers a 50,000-point signup bonus and Bilt Gold Status after spending $4,000 on non-housing purchases in the first 90 days.

In addition to the welcome offer, you’ll receive the following benefits and spending multipliers:

$200 in Bilt Cash annually after your account anniversary (including your first year)
$400 in hotel credits through the Bilt portal, split into two, $200 biannual credits (two-night minimum required for each)
Priority Pass membership
2x points on everyday spend
4x points at Bilt Neighborhood Partner restaurants
4x points at Bilt Neighborhood Partner fitness studios
4x points on Lyft rides
3x points at Walgreens

Included protections:

Cellular Wireless Protection
Purchase Assurance
MasterRental Coverage
Trip Cancellation & Interruption Protection
Trip Delay Reimbursement
Extended Warranty
Baggage Delay Insurance
Lost or Damaged Luggage Insurance
Price Drop Protection

When The Usual Advice Doesn't Apply

The exceptions where this card might not be good for you:

You were a Bilt user before the Bilt 2.0 and primarily used their card to earn fee-free points on rent, which this no longer offers
You don't find the benefits worth the annual fee

What to Know About Bilt Rewards

Bilt Rewards are quickly becoming valuable in the points and miles world, but only if you’re a renter.

Earn up to 100,000 points in rewards from your monthly rent payments by putting it on the Bilt Mastercard
There is no annual fee or extra charge for doing this as Bilt acts as an intermediary and sends a check if your landlord doesn’t accept credit cards or charges a fee for using one
You can then cash those points in for high value redemptions
Bilt has an impressive array of transfer partners that rivals Chase and American Express, so you can turn that rent payment into free airfare and/or hotel stays pretty easily

How The Bilt Palladium Credit Card Fits In The Bilt Rewards Ecosystem

If you’re going to jump into the Bilt ecosystem, this is the card we recommend. It offers tremendous first-year value that easily offsets the annual fee, especially considering the strong transfer partner network available for your points. The other cards simply don’t come close. If you were a Bilt 1.0 user who primarily earned points on rent fee-free, that’s no longer possible, and you're going to have to adjust your strategy.

Bilt has complicated the process. While all three cards let you earn points on rent (and now mortgage), you’ll need to put meaningful non-housing spend on the card to do so without paying the 3% fee out of pocket.

Bilt Blue (no annual fee):

$100 in Bilt Cash as a welcome offer (no spend required)
4% back in Bilt Cash on all non-housing spend
A few decent bonus categories to earn additional points

Bilt Obsidian ($95 annual fee):

$200 in Bilt Cash as a welcome offer (no spend required)
$100 annual hotel credit, split into two $50 credits (two-night minimum for each)
Better bonus categories than Blue, but likely not enough to justify the fee

All three cards:

Earn 4% back in Bilt Cash on all non-housing spend
Allow you to earn points on rent and mortgage under the same terms:

A 3% fee applies
That fee can be offset with Bilt Cash—every $30 unlocks 1 point per dollar on up to $1,000 in housing payments

Card Information

Bonus Points	Minimum Spend	Point Value	Annual Value	Annual Fee	1st Year Value
50,000	$4,000	1.7 ¢	$495	$495	$838

Differentiating Perks	Rules
Points for paying rent and mortgage	5/24

Award System

Bank

Reconsideration Phone

Current Offer

50,000 Bonus Points for
$4,000 spend.

Spend Categories

All Other None »

1X points
1.7¢ Per Dollar Spent

Restaurants Company Specific »

1X points
1.7¢ Per Dollar Spent

Rideshare and Transit Company Specific »

1X points
1.7¢ Per Dollar Spent

Drugstores / Pharmacy Company Specific »

2X points
3.4¢ Per Dollar Spent

Fitness Memberships Company Specific »

1X points
1.7¢ Per Dollar Spent

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Card Benefits

Lounge Access »
Get unlimited access to Priority Pass lounges

Cell Phone Protection »
Use your card for your monthly bill and be reimbursed to replace or repair a stolen or

Car Rental Insurance »
Secondary insurance that pays the lowest of repair cost or the car’s adjusted value, which can limit payouts for major damage or total loss. Loss-of-use fees are covered separately but capped at $500 per incident.

Travel Insurance »
Reimburses delay expenses after 6+ hours, up to $300 per trip and 1 claim per 12 months. Also covers trip interruption for nonrefundable fares up to $2,000 per trip and $5,000 per year. Coverage is secondary.

No Foreign Transaction Fees »
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.

Purchase Protection »
Reimburses the price difference if you find a lower advertised price, up to $250 per claim. Claims must be at least $25, with a maximum of 4 claims per account per 12 months.

Extended Warranty »
Extends the original manufacturer or store warranty by up to 24 months. Coverage pays the lowest of the purchase price, repair cost, replacement cost, or $10,000 per claim.

Price Protection »
You're covered on items damaged or stolen within 90 days, up to $1,000 per loss and a total of $50,000 per cardholder account per 12 month period

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Point Transfer Options

Transfer To Spouse/Partner No

Transfer To Friends No

Travel Partner Transfers

Outside Point System Bilt Rewards

Transfers Out To

Accor Live Limitless

3:2 86% value retained

Aer Lingus AerClub

1:1 88% value retained

Air Canada Aeroplan

1:1 82% value retained

Atmos Rewards

1:1 94% value retained

Avianca Lifemiles

1:1 76% value retained

British Airways Avios

1:1 65% value retained

Cathay Pacific

1:1 65% value retained

Emirates Skywards

1:1 53% value retained

Etihad Guest

1:1 65% value retained

Flying Blue (Air France-KLM)

1:1 76% value retained

Hilton Honors

1:1 29% value retained

Iberia Plus

1:1 71% value retained

IHG One Rewards

1:1 35% value retained

Japan Airlines (JAL)

1:1 82% value retained

Marriott Bonvoy

1:1 41% value retained

Qatar Airways' Privilege Club

1:1 71% value retained

Southwest Rapid Rewards

1:1 76% value retained

TAP Air Portugal (Miles&Go)

1:1 59% value retained

Turkish Airways Miles&Smiles

1:1 65% value retained

United MileagePlus

1:1 76% value retained

Virgin Atlantic Flying Club

1:1 82% value retained

World of Hyatt

1:1 100% value retained

View All Point Transfer Options »

Bilt Palladium Application Rules

5/24

Your application will be declined if 5 new cards are reported on your personal credit report in the past 24 months

Ranking of Cards Offering Bilt Rewards

Bilt Blue »

Bilt Obsidian »

Bilt Palladium »