Bilt Palladium
At a glance
- Bonus
- 50,000 points + $300 Bilt Cash + Bilt Gold Elite StatusBilt RewardsEst. $620+ value
- To earn it
- Spend $4,000 in 90 days
- Annual fee
- $495 annual fee
- Apply by
- No public end date stated
Terms and eligibility can change. Confirm the details with the issuer before you apply.
Credits and perks
Most used first. Tick what you don't need and the math leaves it out. Full terms are on the issuer's site.
What the bonus is worth
Est. $620+ value
50,000 points × 1.25¢
Bilt Rewards points have no fixed cash rate, so the floor is the low end of what points sites say they're worth: $620 at 1.25¢ per point. Good redemptions reach 2¢ per point.
What points sites say: 1.25¢ to 2¢ per point
Third-party valuations: what points sites estimate points are worth on average, not a cash value or an issuer promise. Your value depends on how you redeem.
Estimate as of Oct 17, 2026.
Biggest catches
- Gift cards, Venmo and other cash-like spend don't count. Prepaid cards, gift cards, money orders, wire transfers and person-to-person payments (Venmo, PayPal, Cash App, Zelle) aren't eligible purchases, so they earn no points or Bilt Cash and don't count toward the $4,000. Annual and late fees don't count either. bilt.com
- Spend must post inside the 90 days. Bilt counts a purchase on the date the merchant processes it, not when you swipe. A purchase made on day 89 that posts on day 91 doesn't count. bilt.com
- Rent no longer earns free points. Under Bilt 2.0, rent and mortgage earn points only through Bilt Cash or by hitting everyday-spend thresholds each billing cycle. The old free 1X on rent is gone. doctorofcredit.com (third-party)
- Bilt Cash expires every December 31. Unused Bilt Cash expires at year end and only $100 rolls over. Spend the annual $200 and the 4% you earn before December. bilt.com
- Clawbacks if you close or downgrade early. Bilt may offset the welcome points and Bilt Cash if you close within 30 days, and reverse hotel credits if you close within 90 days of receiving one. Downgrading can reverse rewards and leave your points balance negative. bilt.com
- It takes a Chase 5/24 slot. The Bilt card shows up as a new personal account, so it counts toward Chase's 5/24. Old Bilt cardholders who moved to Bilt 2.0 likely used a slot too. doctorofcredit.com (third-party)
- One welcome bonus per Bilt Card 2.0. Welcome bonuses are only for people who don't hold, haven't held, and haven't received a bonus on a Bilt Card 2.0. If you switched from the old Bilt card into Blue or Obsidian, you can't later earn the Palladium bonus. bilt.com
Third-party report; not confirmed in the official offer terms we could retrieve. Details may be outdated or channel-specific. Verify the offer shown by the issuer before applying.
YMMV: approval and bonus eligibility are the issuer's decision.
Sensei's move
Turn Bilt Cash into rent points
Every $30 of Bilt Cash redeemed unlocks 1,000 points on housing payments, up to 1X. Since Palladium earns 4% Bilt Cash on everyday purchases plus the $200 annual Bilt Cash, a renter can recycle it into points on rent each month. What was cut: Bilt 2.0 (cards live February 7, 2026) ended free points on rent.
Still works as of Oct 17, 2026 · bilt.com
Point accelerator for 3X
Bilt Cash can also unlock a point accelerator that adds 1X to category spend, up to $5,000 on Palladium and Obsidian. TPG's writer took Palladium to 3 points per dollar this way and was on the fourth of five allowed boosts by July 2026.
Still works as of Oct 17, 2026 · bilt.com
1:1 transfers, including Hyatt
Bilt Points transfer 1:1 to 28 airline and hotel partners. Hyatt at 1:1 is the standout hotel option, and Atmos (Alaska/Hawaiian) is among the airline options TPG's writer uses.
Still works as of Oct 17, 2026 · bilt.com
Stack the hotel credit with Bilt Cash
In the Bilt Travel Portal you can apply the $200 hotel credit and also pay part of the stay with Bilt Cash. TPG's writer stacked one credit with $100 of Bilt Cash on a resort stay.
Still works as of Oct 17, 2026 · thepointsguy.com (third-party)
Third-party report; not confirmed in the official offer terms we could retrieve. Details may be outdated or channel-specific. Verify the offer shown by the issuer before applying.
Sensei's take
As a churn it's fair: 50,000 points plus $300 Bilt Cash for $4,000 is decent, but it's once per Bilt Card 2.0 and it takes a 5/24 slot. The $200 annual Bilt Cash and $400 in hotel credits cover the $495 fee only if you book two 2-night stays a year in the Bilt portal. If you pay rent or a mortgage and route everyday spend here, it's worth keeping for several years to turn Bilt Cash into housing points and transfer 1:1 to Hyatt. If you don't, the credits are too narrow and it's only a maybe.
Our opinion, from the facts on this page as of Oct 17, 2026.
Weighing this card? Put it before the Money Court jury
How today's offer compares
- Today
- 50,000 points
- Highest we've seen
- 50,000 points
- Oct 2026 · $4,000 spend in 90 days
- Aug 2026: 50,000 points, reported by InsideFlyer, highest before today
- Today: 50,000 points
Today's offer matches the highest public offer we've seen for this card.
From the sources we checked going back to Aug 2026, so an older or unreported offer may have been higher. Targeted, in-branch and two-tier offers aren't compared.
Sources
Terms can change. Spotted something out of date? Tell us and we'll recheck it against the provider's page.
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