The Bilt Palladium Card (see rates and fees) is the brand new premium providing from Bilt Rewards — and it might be an industry disruptor for frequent vacationers hoping to maximise their on a regular basis spending and earn on housing bills.
This top-tier Bilt Rewards card earns Bilt Factors, TPG’s alternative for essentially the most worthwhile forex in the marketplace, on the highest charge in its three-card household. It is providing a stellar welcome bonus at launch that new cardholders will not wish to miss out on — particularly since you will solely be eligible for one bonus per lifetime throughout the Bilt card portfolio.
New Bilt Palladium cardholders can earn 50,000 bonus factors and Bilt Gold standing (by means of the remainder of the calendar yr during which it was earned and the next calendar yr) after spending $4,000 on purchases within the first three months from account opening. Cardholders additionally obtain $300 in Bilt Money upon approval. Plus, in case you apply earlier than midday EST at present, Jan. 15, by means of TPG and are accredited, it’s also possible to earn 5 factors per greenback spent on purchases for the primary 5 days (excluding hire and mortgage funds; as much as 50,000 bonus factors).
In case you’re in a position to spend $10,000 to maximise this, the mixture ends in as much as 100,000 Bilt factors, that are price as much as a whopping $2,200 based on TPG’s January 2026 valuations. In case you mix these factors with the $300 in Bilt Money, you will obtain as much as $2,500 in welcome bonus worth.
Bilt Palladium cardholders acquire Bilt factors at an elevated charge on each buy. On the identical time, the cardboard racks up Bilt Cash, a forex redeemable in a number of methods throughout the Bilt platform, together with for hire and mortgage transaction charges.
With a $495 annual payment, the Bilt Palladium Card expenses lower than lots of its premium counterparts whereas offering stable advantages resembling airport lounge entry, easy-to-understand assertion credit and travel-focused perks.
In case you’re all-in on Bilt, in search of simplicity and to gather high-value rewards on housing bills and on a regular basis purchases, there are many causes to take an extended take a look at the Bilt Palladium Card. Card score*: ⭐⭐⭐⭐
*Card rating is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
Bilt Palladium: The fundamentals
The Bilt Palladium Card earns transferable points and offers top-tier advantages inside the Bilt Rewards program.
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The principle enchantment of the Bilt Palladium Card is its rewards charge on everyday purchases. To maximise the advantages of this card, you will wish to use it steadily. This card earns 2 worthwhile Bilt factors per greenback spent and 4% in Bilt Money on on a regular basis purchases, so you will not have to fret about memorizing bonus classes.
Once you think about TPG’s valuation of Bilt factors at 2.2 cents every, you will obtain as much as 4.4% again in Bilt factors and 4% again in Bilt Money in your on a regular basis purchases — a unbelievable charge, particularly when you think about the cardboard’s $495 annual payment (modest compared to its competitors).
This stands out if you examine the Bilt Palladium Card to different flat-rate rewards playing cards, such because the Capital One Venture X Rewards Credit Card. The Enterprise X earns 2 miles per greenback spent on most purchases — if you think about TPG’s valuation of Capital One miles at 1.85 cents every, your return on spending comes out to three.7% — lower than the return you will obtain from spending on the Bilt Palladium.
Bilt got here to fame because the platform to earn factors on hire (and now mortgage) bills, and you may earn a vast as much as 1 Bilt level per greenback spent on hire and mortgage funds with the Bilt Palladium Card. Nonetheless, it is price mentioning that you will now be charged a 3% transaction payment on these purchases. The 4% Bilt Money you earn from on a regular basis spending on the Bilt Palladium Card will assist offset this.
Amongst different redemption choices contained in the Bilt Rewards ecosystem, Bilt Money will be redeemed at a dollar-for-dollar worth for transaction charges on hire and mortgage funds. To interrupt it down, when you have a $2,000 housing cost, you will be charged $60 in transaction charges. Since you will earn 4% Bilt Money on on a regular basis spending, you will have to spend a minimum of $1,500 on the cardboard every month to earn that $60 again in Bilt Money to cowl this payment.
When you acquire Bilt factors, you will wish to use them with Bilt’s star-studded lineup of 23 transfer partners.
In contrast to a number of the different premium rewards playing cards at present out there, the Bilt Palladium does not have an extended record of sophisticated assertion credit to maximise.
As an alternative, cardholders obtain $400 in Bilt Travel portal credit for resort bookings (cut up biannually every calendar yr) and $200 in Bilt Money every calendar yr. Cardholders additionally obtain complimentary airport lounge entry by means of a Precedence Go membership.
Associated: United cardholders can earn 2X miles on rent payments through Bilt — here’s how
Bilt Palladium execs and cons
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Bilt Palladium advantages
The Bilt Palladium Card presents a number of key perks to assist offset its $495 annual payment.
Annual advantages
The Bilt Palladium Card offers two stable annual advantages that, when mixed, offset the cardboard’s $495 annual fee.
The primary is a $400 Bilt Journey portal credit score for resort bookings made by means of the portal. This perk is cut up biannually every calendar yr, so you will obtain $200 to make use of within the first six months of the yr, and $200 to make use of within the final six months of the yr.
As well as, you will obtain $200 in Bilt Money every calendar yr. Bilt Money will be used at a dollar-for-dollar value to cowl a number of forms of funds inside the Bilt Rewards platform, together with transaction charges on hire and mortgage funds.
Bilt Neighborhood Advantages
Once you use the Bilt Palladium Card with one of many 50,000-plus retailers included within the Bilt community, you will obtain extra Bilt factors for each greenback spent.
These retailers embrace restaurants, choose pharmacies (resembling Walgreens), Lyft and a few fitness studios.
Lounge entry
Bilt Palladium cardholders obtain a complimentary Priority Pass membership, which offers entry to Precedence Go’s community of greater than 1,800 airport lounges the world over.
This perk alone is valued at $469 per yr.
World Legend Mastercard advantages
The Bilt Palladium is a World Legend Mastercard, which suggests it comes with a bunch of advantages offered by Mastercard, together with:
- Entry to Mastercard Concierge, Mastercard ID Theft Safety and Mastercard Zero Legal responsibility
- World emergency companies
- Companion advantages with retailers resembling Instacart, Lyft and Peacock
Associated: Best lounge access credit cards: 4 picks for frequent flyers
Easy methods to earn and use Bilt factors and Bilt Money on the Bilt Palladium
Incomes Bilt factors and Bilt Money
The Bilt Palladium Card is an easy but high-value transferable rewards card. You may earn:
- 2 factors per greenback spent on on a regular basis spending
- As much as 1 level per greenback spent on hire and mortgage funds
- 4% Bilt Money earned on on a regular basis spending (can be utilized to waive hire and mortgage transaction charges, amongst different redemptions)
When factoring in TPG’s valuation of Bilt factors at 2.2 cents apiece and the dollar-for-dollar worth of Bilt Money, this ends in an 8.4% return on on a regular basis spending. Plus, you will obtain as much as a 2.2% return on hire and mortgage funds.
Redeeming Bilt factors and Bilt Money
Bilt factors will be redeemed to e book journey by means of the Bilt Journey portal, buy gadgets from the Bilt Assortment, e book health lessons, pay for amazon.com purchases immediately or use them to assist cowl the price of subsequent month’s hire.
Whereas there are lots of redemption choices, they do not yield a worth that matches our valuation of Bilt factors at 2.2 cents apiece. You may discover that worth (or higher) if you switch Bilt factors to companions, which is our favourite option to redeem them.
Bilt Money will be redeemed inside Bilt Rewards for bills resembling transaction charges on hire and mortgage funds, health lessons, house supply orders, resort bookings, Lyft rides, and extra.
Bilt Money goes to play a significant position in offsetting transaction charges on hire and mortgage funds. That is why it is necessary for potential cardholders to ensure they’ll use this card for a lot of of their on a regular basis purchases.
It is price noting that almost all Bilt Money expires on the finish of every calendar yr, as simply $100 in Bilt Money will roll over into the following yr.
Transferring Bilt factors
The easiest way to make use of your Bilt factors is to make the most of Bilt’s 23 airline and resort switch companions. Our favourite companions embrace Atmos Rewards, Southwest Airlines Rapid Rewards, United Airlines MileagePlus and World of Hyatt. These packages are amongst TPG’s most extremely valued, and leveraging these companions can lead to some severely fantastic redemptions.
If in case you have Blue standing with Bilt Rewards, you will have to switch a minimum of 2,000 factors for every companion. If in case you have Silver, Gold or Platinum Bilt standing, you will must switch a minimal of 1,000 Bilt factors. Transfers should be accomplished in 1,000-point increments.
Keep in mind that you will obtain Bilt Gold as a part of this card’s welcome provide.
Prior to now, I’ve beloved transferring Bilt factors to Atmos Rewards to book American Airlines flights. Atmos Rewards’ distance-based award charts provide fantastic value on many routes, together with premium-cabin flights to London for 55,000 factors and a one-way business-class flight to Japan for 60,000 factors.
World of Hyatt additionally presents high-value redemptions by means of its award chart, together with stays on the Nice Scotland Yard Lodge for 21,000 factors per evening or Miraval Austin for 57,500 factors per evening.
Associated: The best Hyatt all-inclusive resorts in the world
The place the Bilt Palladium may fall brief
You may obtain essentially the most worth from the Bilt Palladium Card in case you make it your on a regular basis spending card. Ideally, you will wish to earn sufficient Bilt Money every month to assist offset transaction charges incurred by making hire or mortgage funds by means of Bilt.
In case you aren’t renting or paying a mortgage, discover the mixture of Bilt factors and Bilt Money sophisticated, or dwell outdoors of a metropolis the place you’ll be able to take pleasure in lots of Bilt’s native occasions and advantages, it’s possible you’ll be higher off with a different rewards card or perhaps a cash-back card.
In case you are excited about making use of for a Bilt card, however the Bilt Palladium Card is not what you are in search of, it’s also possible to contemplate the no-annual-fee Bilt Blue Card (see rates and fees) and mid-tier Bilt Obsidian Card (see rates and fees) for $95 a yr. Each of those choices present completely different incomes charges inside Bilt Rewards that might be price contemplating.
Bilt Palladium Card vs. Bilt Obsidian Card
The Bilt Obsidian Card is the mid-tier Bilt Rewards card positioned for vacationers who’re excited about amassing Bilt factors throughout a number of bonus classes. It is a greater choice for cardholders who’re open to maximizing bonus classes, because it earns 3 factors per greenback spent and 4% Bilt Money in your alternative of eating or grocery bills (on as much as $25,000 in spending per calendar yr) and a pair of factors per greenback spent on journey. You may earn 1 level per greenback spent on all different purchases.
In case you spend extra steadily on all kinds of purchases, it makes extra sense to choose up the Bilt Palladium Card, because it earns a flat 2 factors per greenback spent on purchases aside from hire and mortgage funds.
Associated: How to pick the right travel credit card for you
Is the Bilt Palladium price it?
The Bilt Palladium Card is a superb alternative in case you’re able to make Bilt the middle of your award technique. For a lot of, incomes factors on hire and mortgage funds with the power to offset transaction charges by way of Bilt Money earned by means of spending will make sense.
Plus, the cardboard makes premium perks easy, because it does not require memorizing quite a few bonus classes or a prolonged record of assertion credit.
Nonetheless, in case you aren’t ready to prioritize the Bilt Palladium Card, it’s possible you’ll wish to contemplate stepping into one other course. It is laborious to reap the total advantages of Bilt Rewards (and keep away from the downfalls of transaction charges on housing funds) in case you aren’t spending sufficient on the Bilt Palladium to rack up sufficient Bilt Money to offset the transaction payment.
Moreover, in case you steadily spend in particular classes, resembling meals and journey, it could be worthwhile to contemplate one other card inside the Bilt household, just like the Bilt Obsidian Card.
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When to use for the Bilt Palladium
The Bilt Palladium Card‘s introductory bonus is a robust launch provide.
New cardholders can earn 50,000 bonus factors after spending $4,000 on purchases within the first three months from account opening. Cardholders additionally obtain $300 in Bilt Money upon approval. Plus, in case you apply earlier than midday EST at present, Jan. 15, by means of TPG and are accredited by means of TPG and getting accredited, it’s also possible to earn 5 factors per greenback spent on purchases for the primary 5 days (as much as 50,000 bonus factors).
In case you’re in a position to maximize this provide by spending $10,000 within the first 5 days of card membership, you’ll be able to earn as much as 100,000 Bilt factors. TPG’s valuations place the worth of those factors at as much as $2,200. Mix this worth with the $300 in Bilt Money, and you’ll obtain as much as $2,500 from this welcome provide.
If you wish to amass a stash of worthwhile journey rewards rapidly, it is an ideal concept to leap on this provide. Keep in mind that you will solely be capable to earn one bonus in a lifetime throughout all Bilt playing cards.
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Different playing cards to contemplate as a substitute of the Bilt Palladium
The Bilt Palladium Card will not be the only option for everybody, so listed below are different choices to contemplate in case you’re available in the market for a transferable rewards card with completely different advantages.
For extra choices, see our record of the best travel credit cards.
Associated: Current Bilt cardholders: Key dates and deadlines as Bilt transitions to new card options
Backside line
The Bilt Palladium Card caught our eye because of its capacity to earn probably the most worthwhile reward currencies in the marketplace at a excessive charge.
If you wish to heart your journey rewards technique on Bilt Rewards and use the cardboard for almost all of your on a regular basis bills, the Bilt Palladium Card is a superb alternative for you. The worth you will obtain from swiping this card is exceptionally excessive, so so long as you are in a position to work out the maths utilizing Bilt Money on transaction charges on hire or mortgage funds, you will definitely come out far forward with this card.
Nonetheless, in case you do not see your self utilizing the Bilt Palladium Card as your major spending card, you threat popping out behind in transaction charges with housing funds. The Bilt Palladium Card works greatest if it is the primary card in your technique, so remember to weigh the professionals and cons in your scenario earlier than including it to your pockets. In any other case, it’s possible you’ll be higher off with another rewards card as a substitute.
Apply right here: Bilt Palladium Card
For charges and costs of the Bilt Palladium Card, please click on here.
For charges and costs of the Bilt Blue Card, please click on here.
For charges and costs of the Bilt Obsidian Card, please click on here.
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