The Bilt Palladium Card (see charges and charges) is the brand new premium providing from Bilt Rewards — and it may very well be an business 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 probably the most helpful foreign money 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 (via the remainder of the calendar yr through 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 the event you apply earlier than midday EST as we speak, Jan. 15, via TPG and are accredited, it’s also possible to earn 5 factors per greenback spent on purchases for the primary 5 days (excluding lease 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 mix leads to as much as 100,000 Bilt factors, that are price as much as a whopping $2,200 in keeping with 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 gather Bilt factors at an elevated charge on each buy. On the similar time, the cardboard racks up Bilt Money, a foreign money redeemable in a number of methods throughout the Bilt platform, together with for lease and mortgage transaction charges.
With a $495 annual payment, the Bilt Palladium Card prices lower than a lot of its premium counterparts whereas offering strong advantages similar to airport lounge entry, easy-to-understand assertion credit and travel-focused perks.
In case you’re all-in on Bilt, searching 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 have 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 supplies 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 on a regular basis purchases. To maximise the advantages of this card, you will wish to use it steadily. This card earns 2 helpful 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.
If you consider 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 on your on a regular basis purchases — a incredible charge, particularly when you think about the cardboard’s $495 annual payment (modest in comparison with its opponents).
This stands out while you evaluate 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 — while you consider 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 lease (and now mortgage) bills, and you may earn a limiteless as much as 1 Bilt level per greenback spent on lease and mortgage funds with the Bilt Palladium Card. Nonetheless, it is price stating that you’re going to 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 may be redeemed at a dollar-for-dollar worth for transaction charges on lease 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 no less than $1,500 on the cardboard every month to earn that $60 again in Bilt Money to cowl this payment.
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 present out there, the Bilt Palladium does not have a protracted listing of difficult assertion credit to maximise.
As an alternative, cardholders obtain $400 in Bilt Journey portal credit for lodge bookings (break up biannually every calendar yr) and $200 in Bilt Money every calendar yr. Cardholders additionally obtain complimentary airport lounge entry via a Precedence Cross membership.
Associated: United cardholders can earn 2X miles on lease funds via Bilt — this is how
Bilt Palladium execs and cons
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Bilt Palladium advantages
The Bilt Palladium Card provides a number of key perks to assist offset its $495 annual payment.
Annual advantages
The Bilt Palladium Card supplies two strong annual advantages that, when mixed, offset the cardboard’s $495 annual payment.
The primary is a $400 Bilt Journey portal credit score for lodge bookings made via the portal. This perk is break 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 may be used at a dollar-for-dollar worth to cowl a number of varieties of funds inside the Bilt Rewards platform, together with transaction charges on lease and mortgage funds.
Bilt Neighborhood Advantages
If 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 embody eating places, choose pharmacies (similar to Walgreens), Lyft and a few health studios.
Lounge entry
Bilt Palladium cardholders obtain a complimentary Precedence Cross membership, which supplies entry to Precedence Cross’s community of greater than 1,800 airport lounges internationally.
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 number of advantages supplied by Mastercard, together with:
- Entry to Mastercard Concierge, Mastercard ID Theft Safety and Mastercard Zero Legal responsibility
- International emergency companies
- Accomplice advantages with retailers similar to Instacart, Lyft and Peacock
Associated: Finest lounge entry bank cards: 4 picks for frequent flyers
earn and use Bilt factors and Bilt Money on the Bilt Palladium
Incomes Bilt factors and Bilt Money
The Bilt Palladium Card is a straightforward but high-value transferable rewards card. You will earn:
- 2 factors per greenback spent on on a regular basis spending
- As much as 1 level per greenback spent on lease and mortgage funds
- 4% Bilt Money earned on on a regular basis spending (can be utilized to waive lease 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 lease and mortgage funds.
Redeeming Bilt factors and Bilt Money
Bilt factors may be redeemed to e-book journey via the Bilt Journey portal, buy gadgets 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 lease.
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 will discover that worth (or higher) while you switch Bilt factors to companions, which is our favourite technique to redeem them.
Bilt Money may be redeemed inside Bilt Rewards for bills similar to transaction charges on lease and mortgage funds, health lessons, residence supply orders, lodge bookings, Lyft rides, and extra.
Bilt Money goes to play a serious function in offsetting transaction charges on lease and mortgage funds. That is why it is vital 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 the majority 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
One of the best ways to make use of your Bilt factors is to make the most of Bilt’s 23 airline and lodge switch companions. Our favourite companions embody Atmos Rewards, Southwest Airways Fast Rewards, United Airways MileagePlus and World of Hyatt. These packages are amongst TPG’s most extremely valued, and leveraging these companions can lead to some significantly incredible redemptions.
When you have Blue standing with Bilt Rewards, you have to to switch no less than 2,000 factors for every associate. When you have Silver, Gold or Platinum Bilt standing, you will need to switch a minimal of 1,000 Bilt factors. Transfers should be achieved in 1,000-point increments.
Keep in mind that you will obtain Bilt Gold as a part of this card’s welcome supply.
Prior to now, I’ve cherished transferring Bilt factors to Atmos Rewards to e-book American Airways flights. Atmos Rewards’ distance-based award charts supply incredible 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 provides high-value redemptions via 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: The perfect Hyatt all-inclusive resorts on this planet
The place the Bilt Palladium might fall brief
You will obtain probably the most worth from the Bilt Palladium Card in the event 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 lease or mortgage funds via Bilt.
In case you aren’t renting or paying a mortgage, discover the mix of Bilt factors and Bilt Money difficult, or stay outdoors of a metropolis the place you may get pleasure from a lot of Bilt’s native occasions and advantages, you might be higher off with a totally different rewards card or perhaps a cash-back card.
In case you are excited by making use of for a Bilt card, however the Bilt Palladium Card is not what you are searching for, it’s also possible to take into account the no-annual-fee Bilt Blue Card (see charges and charges) and mid-tier Bilt Obsidian Card (see charges and charges) for $95 a yr. Each of those choices present totally different incomes charges inside Bilt Rewards that may very well 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 by amassing 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 alternative of eating or grocery bills (on as much as $25,000 in spending per calendar yr) and a couple of factors per greenback spent on journey. You will 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 select up the Bilt Palladium Card, because it earns a flat 2 factors per greenback spent on purchases apart from lease and mortgage funds.
Associated: decide the appropriate journey bank card for you
Is the Bilt Palladium price it?
The Bilt Palladium Card is a superb alternative in the event you’re able to make Bilt the middle of your award technique. For a lot of, incomes factors on lease and mortgage funds with the power to offset transaction charges by way of Bilt Money earned via 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 listing of assertion credit.
Nonetheless, in the event you aren’t ready to prioritize the Bilt Palladium Card, you might wish to take into account getting into one other course. It is arduous to reap the complete advantages of Bilt Rewards (and keep away from the downfalls of transaction charges on housing funds) in the event you aren’t spending sufficient on the Bilt Palladium to rack up sufficient Bilt Money to offset the transaction payment.
Moreover, in the event you steadily spend in particular classes, similar to meals and journey, it might be worthwhile to think about 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 supply.
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 the event you apply earlier than midday EST as we speak, Jan. 15, via TPG and are accredited via 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 supply by spending $10,000 within the first 5 days of card membership, you may 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 supply.
If you wish to amass a stash of helpful journey rewards rapidly, it is an ideal thought to leap on this supply. Keep in mind that you will solely be capable of earn one bonus in a lifetime throughout all Bilt playing cards.
Associated: The perfect bank card welcome bonuses this month
Different playing cards to think about as an alternative of the Bilt Palladium
The Bilt Palladium Card is probably not the only option for everybody, so listed below are different choices to think about in the event you’re available in the market for a transferable rewards card with totally different advantages.
For added choices, see our listing of the greatest 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 skill to earn one of the helpful 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 lease or mortgage funds, you will actually come out far forward with this card.
Nonetheless, in the event you do not see your self utilizing the Bilt Palladium Card as your main spending card, you threat popping out behind in transaction charges with housing funds. The Bilt Palladium Card works greatest if it is the principle card in your technique, so you should definitely weigh the professionals and cons on your scenario earlier than including it to your pockets. In any other case, you might be higher off with one other rewards card as an alternative.
Apply right here: Bilt Palladium Card
For charges and charges of the Bilt Palladium Card, please click on right here.
For charges and charges of the Bilt Blue Card, please click on right here.
For charges and charges of the Bilt Obsidian Card, please click on right here.
