Editorial disclosure: CardRewards.ai is an independent comparison service. Card data comes from issuers' published terms; data as of September 27, 2026. Card issuers do not influence our rankings or content.
Annual fees: Bilt Obsidian Card $95/yr, Hawaiian Airlines® World Elite Business Mastercard® $99/yr. Strongest bonus categories: Bilt Obsidian Card on rent and dining, Hawaiian Airlines® World Elite Business Mastercard® on dining.
Card data as of September 27, 2026.
Annual Fee
Welcome Bonus
| Category | Bilt Obsidian Card | Hawaiian Airlines® World Elite Business Mastercard® |
|---|---|---|
| Dining | 3X | 2X |
| Grocery Stores | 3X |
The Bilt Obsidian Card wins in 4 of 6 categories. The Hawaiian Airlines® World Elite Business Mastercard® leads in 2. 1 more category depend on booking channel or caps.
Rent
Bilt Obsidian Card earns 1.25X vs 1X
1.25X via tiered option or up to 1X via Bilt Cash option; no transaction fee; no annual cap on housing payments
Mortgage
Bilt Obsidian Card earns 1.25X vs 1X
1.25X via tiered option or up to 1X via Bilt Cash option; no transaction fee
Dining
Bilt Obsidian Card earns 3X vs 2X
Travel
Bilt Obsidian Card earns 2X vs 1X
Grocery Stores
Depends: up to $25,000/yr
Bilt Obsidian Card earns 3X when conditions are met; Hawaiian Airlines® World Elite Business Mastercard® earns 1X (1X without restrictions)
Gas Stations
Hawaiian Airlines® World Elite Business Mastercard® earns 2X vs 1X
Office Supplies
Hawaiian Airlines® World Elite Business Mastercard® earns 2X vs 1X
The better card depends on how much you spend.
Published annual fees: Bilt Obsidian Card $95/yr, Hawaiian Airlines® World Elite Business Mastercard® $99/yr — a $4 difference before welcome offers and credits.
| 1X |
| Gas Stations | 1X | 2X |
| Office Supplies | 1X | 2X |
| Travel | 2X | 1X |
| Mortgage | 1.25X | 1X |
| Rent | 1.25X | 1X |
| Everything Else | 1X | 1X |
Network
Key Benefits
Pros
Cons
Modeled net value (bonus categories at unconditional rates, caps applied). Spend mix: dining 15%, groceries 15%, gas 10%, travel 10%, everything else 50%. Statement credits use the same recurring usable estimates as each card's detail page; first-year-only credits count in year one only. Welcome offers valued at each card's program rate shown on this page.
The better card depends on how much you spend.
| Scenario | Bilt Obsidian Card | Hawaiian Airlines® World Elite Business Mastercard® | Ongoing winner | Year-one winner |
|---|---|---|---|---|
| Light spender: $1,000/month | Rewards: $370 Credits (our usable estimate): $85 − Annual fee ($95) Ongoing: $360 Year one: $560 | Rewards: $225 Credits (our usable estimate): $65 − Annual fee ($99) Ongoing: $191 Year one: $941 | Bilt Obsidian Card | Hawaiian Airlines® World Elite Business Mastercard® |
| Heavy spender: $4,000/month | Rewards: $1,478 Credits (our usable estimate): $85 − Annual fee ($95) Ongoing: $1,468 Year one: $1,668 | Rewards: $900 Credits (our usable estimate): $65 − Annual fee ($99) Ongoing: $866 Year one: $1,616 | Bilt Obsidian Card | Bilt Obsidian Card |
The Hawaiian Airlines® World Elite Business Mastercard® costs $99/yr — that's $4 more than the Bilt Obsidian Card ($95/yr). To justify that gap, you need to extract at least $4 in annual value from the card's higher earn rates and benefits.
Bottom line: Use the year-one vs ongoing table for modeled earn value at your spend level. The $4 fee gap means the Hawaiian Airlines® World Elite Business Mastercard® needs roughly $4 more in annual rewards (or credits you will use) to break even on dining and gas stations and everyday spend.
Get the Bilt Obsidian Card if you:
Editorial disclosure: CardRewards.ai is an independent comparison service. Card data comes from issuers' published terms; data as of September 27, 2026. Card issuers do not influence our rankings or content.
