Bilt Obsidian Card by Bilt: 6x dining & restaurants, 4x hotels via portal, 3x cardholder-chosen / top spend category, 3x flights / airfare via portal, 3x…
The Bilt Obsidian Card is Bilt's mid-tier credit card. The $95/yr annual fee includes a $200 cash welcome bonus. Beyond the welcome bonus, here's what the card actually delivers.
| Credit | Value | What it covers |
|---|---|---|
| Bilt Travel hotel credit | $100/semiannual | $100/yr in Bilt Travel hotel credits, applied as two $50 statement credits per year on qualifying Bilt Travel Portal hotel bookings |
Welcome bonus value (year one): ~$200. Annual statement credits: $100. Minus the $95 annual fee = ~$205 in year-one net value before any spending earn. RewardsGuru rating: 4.6/5 — based on our net-value methodology.
Best fit: someone whose category spending matches the card's earn multipliers. Skip if: your spending pattern is flat across categories — a 2% flat-rate card would beat this.
$200 cash back after spending $0 in the first 3 months.
Year-one math: welcome bonus value (~$200) + annual credits ($100) − $95 fee = ~$205 net before spending earn. Year-two onward, the credits alone need to clear $95 — they do. Worth it if you'll use the credits, skip if you'd let them expire.
1 recurring statement credit: Bilt Travel hotel credit ($100). Total: $100/yr.
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.