Bilt Palladium Card
Bilt Palladium Card by Bilt: 5x dining & restaurants at Bilt partner restaurants (up to 5X; the bonus varies by restaurant), 4x hotels via portal, 3x…
The Bilt Palladium Card is Bilt's premium credit card. The $495/yr annual fee includes a 50,000-point welcome bonus after spending $4,000 in the first 3 months. Beyond the welcome bonus, here's what the card actually delivers.
Rewards
- 5x (≈9.0% effective at 1.8¢/pt) on dining, at Bilt partner restaurants (up to 5X; the bonus varies by restaurant)
- 4x (≈7.2% effective at 1.8¢/pt) on hotels, via portal
- 3x (≈5.4% effective at 1.8¢/pt) on flights, via portal
- 2x (≈3.6% effective at 1.8¢/pt) on everything
- 1.25x (≈2.3% effective at 1.8¢/pt) on rent
- 4x (≈7.2% effective at 1.8¢/pt) on transit, on Lyft rides, after linking your Bilt and Lyft accounts
Statement credits ($600 total/yr)
| Credit | Value | What it covers |
|---|---|---|
| Bilt Cash | $200/yr | $200 in Bilt Cash awarded annually; up to $100 rolls over into the next calendar year |
| Bilt Travel hotel credit | $400/yr ($200 per half-year) | $200 in statement credits twice per year ($400/yr) for qualifying hotel bookings through the Bilt Travel Portal |
What the $495/yr fee is buying
Welcome bonus value (year one): ~$900. Annual statement credits: $600. Minus the $495 annual fee = ~$1005 in year-one net value before any spending earn. RewardsGuru rating: 4.8/5 — based on our net-value methodology.
Who it's for, who should skip
Best fit: frequent travelers who can use the lounge access, statement credits, and elevated earn rates on travel and dining. Skip if: you'd let the annual statement credits expire unused or you only travel 1-2x per year.
Frequently asked questions
What's the Bilt Palladium Card welcome bonus?
50,000 points after spending $4,000 in the first 3 months. At our ~1.8¢/pt valuation, that's roughly $900 in real value.
Is the Bilt Palladium Card worth the $495 annual fee?
Year-one math: welcome bonus value (~$900) + annual credits ($600) − $495 fee = ~$1005 net before spending earn. Year-two onward, the credits alone need to clear $495 — they do. Worth it if you'll use the credits, skip if you'd let them expire.
What statement credits does the Bilt Palladium Card include?
2 recurring statement credits: Bilt Cash ($200/yr), Bilt Travel hotel credit ($400/yr, $200 per half-year). Total: $600/yr.
Does the Bilt Palladium Card have foreign transaction fees?
Check the card's terms — most premium travel cards waive foreign transaction fees, while no-fee and entry-tier cards usually charge 2-3%. Bilt's product page has the current rate.