The Bilt Palladium Card (see charges and costs) is the brand new premium providing from Bilt Rewards — and it might be an trade 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 selection for probably the most beneficial 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 way of the remainder of the calendar 12 months by which it was earned and the next calendar 12 months) after spending $4,000 on purchases within the first three months from account opening. Cardholders additionally obtain $300 in Bilt Money upon approval. Plus, when you apply earlier than midday EST at this time, Jan. 15, by way of TPG and are accredited, you may as well 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).
For those who’re in a position to spend $10,000 to maximise this, the mix leads to as much as 100,000 Bilt factors, that are price as much as a whopping $2,200 based on TPG’s January 2026 valuations. For those who mix these factors with the $300 in Bilt Money, you will obtain as much as $2,500 in welcome bonus worth.
Bilt Palladium cardholders gather Bilt factors at an elevated charge on each buy. On the similar time, the cardboard racks up Bilt Money, a forex redeemable in a number of methods throughout the Bilt platform, together with for hire and mortgage transaction charges.
With a $495 annual charge, the Bilt Palladium Card prices lower than lots of its premium counterparts whereas offering strong advantages similar to airport lounge entry, easy-to-understand assertion credit and travel-focused perks.
For those who’re all-in on Bilt, on the lookout for simplicity and to gather high-value rewards on housing bills and on a regular basis purchases, there are many causes to take a protracted take a look at the Bilt Palladium Card. Card score*: ⭐⭐⭐⭐
*Card score 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 factors and gives top-tier advantages throughout the Bilt Rewards program.
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The principle enchantment of the Bilt Palladium Card is its rewards charge on on a regular basis purchases. To maximise the advantages of this card, you will wish to use it incessantly. This card earns 2 beneficial 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 improbable charge, particularly when you think about the cardboard’s $495 annual charge (modest in comparison with its opponents).
This stands out once you examine the Bilt Palladium Card to different flat-rate rewards playing cards, such because the Capital One Enterprise X Rewards Credit score Card. The Enterprise X earns 2 miles per greenback spent on most purchases — once 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 will earn a limiteless as much as 1 Bilt level per greenback spent on hire and mortgage funds with the Bilt Palladium Card. Nonetheless, it is price declaring that you’re going to now be charged a 3% transaction charge 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’ve got 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 at the least $1,500 on the cardboard every month to earn that $60 again in Bilt Money to cowl this charge.
When you gather Bilt factors, you will wish to use them with Bilt’s star-studded lineup of 23 switch companions.
In contrast to a few of the different premium rewards playing cards at the moment out there, the Bilt Palladium would not have a protracted checklist of difficult assertion credit to maximise.
As an alternative, cardholders obtain $400 in Bilt Journey portal credit for resort bookings (break up biannually every calendar 12 months) and $200 in Bilt Money every calendar 12 months. Cardholders additionally obtain complimentary airport lounge entry by way of a Precedence Go membership.
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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 charge.
Annual advantages
The Bilt Palladium Card gives two strong annual advantages that, when mixed, offset the cardboard’s $495 annual charge.
The primary is a $400 Bilt Journey portal credit score for resort bookings made by way of the portal. This perk is break up biannually every calendar 12 months, so you will obtain $200 to make use of within the first six months of the 12 months, and $200 to make use of within the final six months of the 12 months.
As well as, you will obtain $200 in Bilt Money every calendar 12 months. Bilt Money can be utilized at a dollar-for-dollar worth to cowl a number of forms of funds throughout 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 further Bilt factors for each greenback spent.
These retailers embrace eating places, choose pharmacies (similar to Walgreens), Lyft and a few health studios.
Lounge entry
Bilt Palladium cardholders obtain a complimentary Precedence Go membership, which gives entry to Precedence Go’s community of greater than 1,800 airport lounges internationally.
This perk alone is valued at $469 per 12 months.
World Legend Mastercard advantages
The Bilt Palladium is a World Legend Mastercard, which suggests it comes with a number of advantages offered by Mastercard, together with:
- Entry to Mastercard Concierge, Mastercard ID Theft Safety and Mastercard Zero Legal responsibility
- International emergency providers
- Accomplice advantages with retailers similar to Instacart, Lyft and Peacock
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The right way 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 leads to 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 way of the Bilt Journey portal, buy objects from the Bilt Assortment, e book health lessons, pay for amazon.com purchases instantly or use them to assist cowl the price of subsequent month’s hire.
Whereas there are a lot 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) once you switch Bilt factors to companions, which is our favourite strategy to redeem them.
Bilt Money will be redeemed inside Bilt Rewards for bills similar to transaction charges on hire and mortgage funds, health lessons, house supply orders, resort bookings, Lyft rides, and extra.
Bilt Money goes to play a serious position in offsetting transaction charges on hire and mortgage funds. That is why it is necessary for potential cardholders to ensure they will 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 12 months, as simply $100 in Bilt Money will roll over into the subsequent 12 months.
Transferring Bilt factors
One of the simplest ways to make use of your Bilt factors is to benefit from Bilt’s 23 airline and resort switch companions. Our favourite companions embrace Atmos Rewards, Southwest Airways Speedy Rewards, United Airways MileagePlus and World of Hyatt. These applications are amongst TPG’s most extremely valued, and leveraging these companions can lead to some critically improbable redemptions.
If in case you have Blue standing with Bilt Rewards, you will have to switch at the least 2,000 factors for every accomplice. If in case you have Silver, Gold or Platinum Bilt standing, you will must switch a minimal of 1,000 Bilt factors. Transfers have to 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.
Previously, I’ve liked transferring Bilt factors to Atmos Rewards to e book American Airways flights. Atmos Rewards’ distance-based award charts provide improbable worth 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 way of its award chart, together with stays on the Nice Scotland Yard Resort for 21,000 factors per evening or Miraval Austin for 57,500 factors per evening.
Associated: One of the best Hyatt all-inclusive resorts on this planet
The place the Bilt Palladium may fall quick
You may obtain probably the most worth from the Bilt Palladium Card when 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 way of Bilt.
For those who aren’t renting or paying a mortgage, discover the mix of Bilt factors and Bilt Money difficult, or reside outdoors of a metropolis the place you possibly can take pleasure in lots of Bilt’s native occasions and advantages, you could be higher off with a special rewards card or perhaps a cash-back card.
In case you are enthusiastic about making use of for a Bilt card, however the Bilt Palladium Card is not what you are on the lookout for, you may as well take into account the no-annual-fee Bilt Blue Card (see charges and costs) and mid-tier Bilt Obsidian Card (see charges and costs) for $95 a 12 months. Each of those choices present totally 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 enthusiastic about accumulating Bilt factors throughout a number of bonus classes. It is a greater possibility for cardholders who’re open to maximizing bonus classes, because it earns 3 factors per greenback spent and 4% Bilt Money in your selection of eating or grocery bills (on as much as $25,000 in spending per calendar 12 months) and a pair of factors per greenback spent on journey. You may earn 1 level per greenback spent on all different purchases.
For those who spend extra incessantly 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 apart from hire and mortgage funds.
Associated: The right way to choose the precise journey bank card for you
Is the Bilt Palladium price it?
The Bilt Palladium Card is a superb selection when 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 flexibility to offset transaction charges by way of Bilt Money earned by way of spending will make sense.
Plus, the cardboard makes premium perks easy, because it would not require memorizing quite a few bonus classes or a prolonged checklist of assertion credit.
Nonetheless, when you aren’t able to prioritize the Bilt Palladium Card, you could wish to take into account entering into one other course. It is exhausting to reap the total advantages of Bilt Rewards (and keep away from the downfalls of transaction charges on housing funds) when you aren’t spending sufficient on the Bilt Palladium to rack up sufficient Bilt Money to offset the transaction charge.
Moreover, when you incessantly spend in particular classes, similar to meals and journey, it could be worthwhile to think about one other card throughout 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, when you apply earlier than midday EST at this time, Jan. 15, by way of TPG and are accredited by way of TPG and getting accredited, you may as well earn 5 factors per greenback spent on purchases for the primary 5 days (as much as 50,000 bonus factors).
For those who’re in a position to maximize this provide by spending $10,000 within the first 5 days of card membership, you possibly can 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 may obtain as much as $2,500 from this welcome provide.
If you wish to amass a stash of beneficial journey rewards shortly, it is an amazing thought to leap on this provide. Keep in mind that you will solely be capable of earn one bonus in a lifetime throughout all Bilt playing cards.
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Different playing cards to think about as an alternative of the Bilt Palladium
The Bilt Palladium Card will not be the only option for everybody, so listed below are different choices to think about when you’re out there for a transferable rewards card with totally different advantages.
For extra choices, see our checklist of the very best journey bank cards.
Associated: Present Bilt cardholders: Key dates and deadlines as Bilt transitions to new card choices
Backside line
The Bilt Palladium Card caught our eye due to its capacity to earn one of the vital beneficial 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 selection 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 actually come out far forward with this card.
Nonetheless, when you do not see your self utilizing the Bilt Palladium Card as your major spending card, you danger popping out behind in transaction charges with housing funds. The Bilt Palladium Card works finest if it is the primary card in your technique, so make sure you weigh the professionals and cons in your scenario earlier than including it to your pockets. In any other case, you could be higher off with one other rewards card as an alternative.
Apply right here: Bilt Palladium Card
For charges and costs of the Bilt Palladium Card, please click on right here.
For charges and costs of the Bilt Blue Card, please click on right here.
For charges and costs of the Bilt Obsidian Card, please click on right here.
