Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +No annual fee
• +Earn up to 1.25X points on rent and mortgage with no transaction fees
• +4% Bilt Cash on all non-housing spend (stackable with 1X points)
• +$100 Bilt Cash welcome bonus with no spending requirement
• +Transferable points to 23 airline and hotel partners (valued at 2.2 cents each by TPG)

• +$600+ in annual credits ($400 hotel + $200 Bilt Cash) partially offsets $495 fee
• +Earn 1x points on rent with no transaction fees
• +3x points on dining
• +2x points on travel
• +Double points on Bilt Rent Day (1st of each month)

Cons

• −Only 1X points on non-housing purchases (below average for flat-rate cards)
• −Unlocking housing points requires regular non-housing spend or Bilt Cash redemptions
• −Most Bilt Cash expires at year-end (only $100 rolls over)
• −No bonus categories like dining or travel (those are Obsidian features)
• −Fewer card-specific protections than Obsidian or Palladium

• −Requires high spending volume to qualify and maintain Palladium status
• −1x earn rate on non-bonus categories is below average
• −Must use 5x per statement period to earn rent points
• −Invitation or qualification required (not openly available)
• −Benefits still lag behind premium travel cards from Chase/Amex

Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +No annual fee
• +Earn up to 1.25X points on rent and mortgage with no transaction fees
• +4% Bilt Cash on all non-housing spend (stackable with 1X points)
• +$100 Bilt Cash welcome bonus with no spending requirement
• +Transferable points to 23 airline and hotel partners (valued at 2.2 cents each by TPG)

• +$600+ in annual credits ($400 hotel + $200 Bilt Cash) partially offsets $495 fee
• +Earn 1x points on rent with no transaction fees
• +3x points on dining
• +2x points on travel
• +Double points on Bilt Rent Day (1st of each month)

Cons

• −Only 1X points on non-housing purchases (below average for flat-rate cards)
• −Unlocking housing points requires regular non-housing spend or Bilt Cash redemptions
• −Most Bilt Cash expires at year-end (only $100 rolls over)
• −No bonus categories like dining or travel (those are Obsidian features)
• −Fewer card-specific protections than Obsidian or Palladium

• −Requires high spending volume to qualify and maintain Palladium status
• −1x earn rate on non-bonus categories is below average
• −Must use 5x per statement period to earn rent points
• −Invitation or qualification required (not openly available)
• −Benefits still lag behind premium travel cards from Chase/Amex

Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +No annual fee
• +Earn up to 1.25X points on rent and mortgage with no transaction fees
• +4% Bilt Cash on all non-housing spend (stackable with 1X points)
• +$100 Bilt Cash welcome bonus with no spending requirement
• +Transferable points to 23 airline and hotel partners (valued at 2.2 cents each by TPG)

• +$600+ in annual credits ($400 hotel + $200 Bilt Cash) partially offsets $495 fee
• +Earn 1x points on rent with no transaction fees
• +3x points on dining
• +2x points on travel
• +Double points on Bilt Rent Day (1st of each month)

Cons

• −Only 1X points on non-housing purchases (below average for flat-rate cards)
• −Unlocking housing points requires regular non-housing spend or Bilt Cash redemptions
• −Most Bilt Cash expires at year-end (only $100 rolls over)
• −No bonus categories like dining or travel (those are Obsidian features)
• −Fewer card-specific protections than Obsidian or Palladium

• −Requires high spending volume to qualify and maintain Palladium status
• −1x earn rate on non-bonus categories is below average
• −Must use 5x per statement period to earn rent points
• −Invitation or qualification required (not openly available)
• −Benefits still lag behind premium travel cards from Chase/Amex