The Bilt Palladium is the only Bilt card with a 2x base rate on everyday spending, which, alongside up to 1.25x on rent and mortgage payments with no transaction fee, makes it the strongest option for renters who put everything on one card. The $495 annual fee is steep, but the card returns a $400 Bilt Travel hotel credit in two $200 halves, $200 in annual Bilt Cash, and Priority Pass lounge access. Portal bookings earn 4x on hotels and 3x on flights, and Lyft earns 4x once linked. The tradeoff is that much of that value lives inside Bilt's own ecosystem: the hotel credit requires portal bookings, and Bilt Cash is a separate currency used mainly for point accelerators rather than cash back. The welcome offer of 50,000 points plus $300 in Bilt Cash after $4,000 in spend over three months softens year one.
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 |