Palladium is the only card in the Bilt lineup that pairs the rent earning with a genuinely strong base rate: 2x on all everyday spend, alongside 4x on Bilt Travel hotels, 3x on Bilt Travel flights, 4x on Lyft, and up to 1.25x on rent or mortgage with no transaction fee. The credits are what carry the $495 annual fee: $400 a year in hotel credits, issued as two $200 statement credits for Bilt Travel bookings, plus $200 in annual Bilt Cash with up to $100 rolling over, and Priority Pass lounge access. New cardholders get 50,000 points plus $300 in Bilt Cash after $4,000 in three months, with Gold Status on the same $4,000 of non-housing spend in the first 90 days, which is why it lands at #13 on our Best Travel Credit Cards list. The honest catch is that the hotel credits only pay out through Bilt's own travel portal, so if you book hotels elsewhere a large share of the fee simply does not come back. The rent rate is also a ceiling, set each cycle from your everyday spend relative to the housing payment, and the intro APR is a fixed 10% for 12 billing cycles rather than 0%.
Earn rates & credits
| Category | Rate |
|---|---|
Hotels (via Portal) Hotels booked through Bilt Travel | 4x |
Transit On Lyft rides (after linking your Lyft account) | 4x |
Flights (via Portal) Flights booked through Bilt Travel | 3x |
Everything Else Everyday spend earns the base 2x in points. The 4% Bilt Cash option on everyday spend is an alternative to the up to 1.25x rent points, not an addition, and is a separate currency rather than cash back; its main use is buying point accelerators that temporarily lift $5,000 of spend to 3x points (up to 5 per year). | 2x |
Rent Up to 1.25x on rent and mortgage payments with no transaction fee, when the housing-only rewards track is selected. The exact multiplier is set each billing cycle from your everyday spend relative to the housing payment; on the Bilt Cash track housing earns up to 1x instead. | 1.25x |
| Benefit | Value |
|---|---|
Bilt Travel Hotel Credit Annual hotel credit applied twice yearly as $200 statement credits for qualifying Bilt Travel Portal hotel bookings | $400 /yr |
Annual Bilt Cash Award Annual Bilt Cash awarded with up to $100 rolling over into the next calendar year | $200 /yr |
| Total annual credits | $600 |
Card details
Regular APR | 26.74%–34.74% variable |
Intro APR on purchases | 10% for 12 months |
Foreign transaction fee | None |