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)

• +No annual fee for a card with 4% back on dining and entertainment
• +4% cash back at restaurants is among the highest flat rates available
• +4% on entertainment covers streaming, concerts, movies, and more
• +3% at grocery stores provides solid everyday value
• +8% back on Capital One Entertainment purchases is exceptional

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

• −Only 1% cash back on purchases outside bonus categories
• −Foreign transaction fees apply on international purchases
• −No travel-specific benefits like lounge access or trip insurance
• −Cash back only - no transfer partners for travel redemptions
• −Grocery bonus typically excludes warehouse clubs like Costco

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)

• +No annual fee for a card with 4% back on dining and entertainment
• +4% cash back at restaurants is among the highest flat rates available
• +4% on entertainment covers streaming, concerts, movies, and more
• +3% at grocery stores provides solid everyday value
• +8% back on Capital One Entertainment purchases is exceptional

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

• −Only 1% cash back on purchases outside bonus categories
• −Foreign transaction fees apply on international purchases
• −No travel-specific benefits like lounge access or trip insurance
• −Cash back only - no transfer partners for travel redemptions
• −Grocery bonus typically excludes warehouse clubs like Costco

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)

• +No annual fee for a card with 4% back on dining and entertainment
• +4% cash back at restaurants is among the highest flat rates available
• +4% on entertainment covers streaming, concerts, movies, and more
• +3% at grocery stores provides solid everyday value
• +8% back on Capital One Entertainment purchases is exceptional

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

• −Only 1% cash back on purchases outside bonus categories
• −Foreign transaction fees apply on international purchases
• −No travel-specific benefits like lounge access or trip insurance
• −Cash back only - no transfer partners for travel redemptions
• −Grocery bonus typically excludes warehouse clubs like Costco