Is the Bilt Palladium Card worth the higher annual fee?

The Bilt Palladium Card costs $495/yr vs $99/yr for the One Key+ Card. Compare the year-one vs ongoing value table on this page — the $396 gap must be offset by higher earn rates, welcome offers, or credits you will use (the Bilt Palladium Card also lists lounge access).

Which card earns more rewards, the Bilt Palladium Card or One Key+ Card?

Both cards earn 2X on everyday purchases. The difference is in bonus categories — check the earn rate comparison above for a full breakdown.

What benefits does the Bilt Palladium Card have that the One Key+ Card doesn't?

The Bilt Palladium Card offers lounge access, cell phone protection. The One Key+ Card focuses more on earn rates than premium perks.

Should I get the Bilt Palladium Card or the One Key+ Card?

Use the spend scenarios on this page: the One Key+ Card has a lower $99/yr fee; the Bilt Palladium Card must earn enough extra (or offer a larger welcome bonus) to justify $495/yr.

Bilt Palladium Card vs One Key+ Card

Annual fees: Bilt Palladium Card $495/yr, One Key+ Card $99/yr. Strongest bonus categories: Bilt Palladium Card on rent and travel, One Key+ Card on gas stations.

Card data as of October 11, 2026.

Credit card comparison
Overview
	Bilt Palladium Card Cardless · $495/yr	One Key+ Card Wells Fargo · $99/yr
Annual fee	$495	$99 Lowest
Welcome offerCurrent public offer	50,000 points	$350 in rewards
Rewards	Bilt Points	OneKeyCash
Foreign transaction fee	None	None
Network	Mastercard	Mastercard World Elite
Earn ratesPer $1 spent · points and cash back aren’t ranked against each other
Dining	2x	3%
Gas Stations	2x	3%
Grocery Stores	2x	3%
Mortgage	1.25x	2%
Rent	1.25x	2%
Travel	2x	2%
Everything else	2x	2%
Statement creditsAs the issuer states them · — means none on record
Travel	$400 hotel credit	—
Shopping & wellness	$200 Bilt Cash	—
Perks & access— means none on record
Lounges	Priority Pass Airport Lounge Access	—
Other perks	—	Spend to Unlock Platinum Automatic Gold Tier
Protections & insuranceLimits where published · — means none on record
Trip insurance	Trip Delay	Trip Cancellation and Interruption Common Carrier Travel Accident Insurance
Rental car	MasterRental Coverage	Auto Rental Collision Damage Waiver
Purchase & returns	Purchase Assurance · up to $1,000 Price Drop Protection · up to $250	—
Cell phone	Cellular Wireless Telephone Protection · up to $800	—
Pros & cons
Pros	$600+ in annual credits ($400 hotel + $200 Bilt Cash) partially offsets $495 fee Earn up to 1.25X points on rent and mortgage with no transaction fees 2X points on all everyday purchases 50,000 points + $300 Bilt Cash welcome bonus (highest among Bilt cards) Transferable points to major airline and hotel partners	$100 annual OneKeyCash anniversary credit roughly offsets the $99 annual fee (usable only on Expedia, Hotels.com and Vrbo) Strong 3% earning on dining, groceries, gas, and Expedia Group bookings Solid 2% base earning on all other purchases No foreign transaction fees Automatic Gold status with One Key program
Cons	Requires high spending volume to qualify and maintain Palladium status No card-level bonus categories beyond the 2X flat rate (headline multipliers are membership-inclusive composites) Housing multiplier (up to 1.25X) depends on everyday-spend tiers or Bilt Cash redemption Benefits still lag behind premium travel cards from Chase/Amex	OneKeyCash is not redeemable for cash - only usable on Expedia, Hotels.com, and Vrbo No transfer partners - locked into Expedia Group ecosystem Booking through OTAs means missing out on hotel elite benefits and direct booking perks No lounge access or premium travel protections Relatively new program with less established value compared to Chase/Amex
	Card details	Card details

Bilt Palladium Card
Cardless · $495/yr
One Key+ Card
Wells Fargo · $99/yr

Overview

Annual fee: Bilt Palladium Card
$495
One Key+ Card
$99
Lowest
Welcome offerCurrent public offer: Bilt Palladium Card
50,000 points
One Key+ Card
$350 in rewards
Rewards: Bilt Palladium Card
Bilt Points
One Key+ Card
OneKeyCash
Foreign transaction fee: Bilt Palladium Card
None
One Key+ Card
None
Network: Bilt Palladium Card
Mastercard
One Key+ Card
Mastercard World Elite

Earn ratesPer $1 spent · points and cash back aren’t ranked against each other

Dining: Bilt Palladium Card
2x
One Key+ Card
3%
Gas Stations: Bilt Palladium Card
2x
One Key+ Card
3%
Grocery Stores: Bilt Palladium Card
2x
One Key+ Card
3%
Mortgage: Bilt Palladium Card
1.25x
One Key+ Card
2%
Rent: Bilt Palladium Card
1.25x
One Key+ Card
2%
Travel: Bilt Palladium Card
2x
One Key+ Card
2%
Everything else: Bilt Palladium Card
2x
One Key+ Card
2%

Statement creditsAs the issuer states them · — means none on record

Travel: Bilt Palladium Card
$400 hotel credit
One Key+ Card
—
Shopping & wellness: Bilt Palladium Card
$200 Bilt Cash
One Key+ Card
—

Perks & access— means none on record

Lounges: Bilt Palladium Card
Priority Pass Airport Lounge Access
One Key+ Card
—
Other perks: Bilt Palladium Card
—
One Key+ Card
Spend to Unlock Platinum
Automatic Gold Tier

Protections & insuranceLimits where published · — means none on record

Trip insurance: Bilt Palladium Card
Trip Delay
One Key+ Card
Trip Cancellation and Interruption
Common Carrier Travel Accident Insurance
Rental car: Bilt Palladium Card
MasterRental Coverage
One Key+ Card
Auto Rental Collision Damage Waiver
Purchase & returns: Bilt Palladium Card
Purchase Assurance · up to $1,000
Price Drop Protection · up to $250
One Key+ Card
—
Cell phone: Bilt Palladium Card
Cellular Wireless Telephone Protection · up to $800
One Key+ Card
—

Pros & cons

Pros: Bilt Palladium Card
$600+ in annual credits ($400 hotel + $200 Bilt Cash) partially offsets $495 fee
Earn up to 1.25X points on rent and mortgage with no transaction fees
2X points on all everyday purchases
50,000 points + $300 Bilt Cash welcome bonus (highest among Bilt cards)
Transferable points to major airline and hotel partners
One Key+ Card
$100 annual OneKeyCash anniversary credit roughly offsets the $99 annual fee (usable only on Expedia, Hotels.com and Vrbo)
Strong 3% earning on dining, groceries, gas, and Expedia Group bookings
Solid 2% base earning on all other purchases
No foreign transaction fees
Automatic Gold status with One Key program
Cons: Bilt Palladium Card
Requires high spending volume to qualify and maintain Palladium status
No card-level bonus categories beyond the 2X flat rate (headline multipliers are membership-inclusive composites)
Housing multiplier (up to 1.25X) depends on everyday-spend tiers or Bilt Cash redemption
Benefits still lag behind premium travel cards from Chase/Amex
One Key+ Card
OneKeyCash is not redeemable for cash - only usable on Expedia, Hotels.com, and Vrbo
No transfer partners - locked into Expedia Group ecosystem
Booking through OTAs means missing out on hotel elite benefits and direct booking perks
No lounge access or premium travel protections
Relatively new program with less established value compared to Chase/Amex

Card details

Add a 3rd or 4th card to this comparison →

Category-by-Category Winner

The One Key+ Card wins in 5 of 5 categories. The Bilt Palladium Card leads in 0.

Rent

One Key+ Card earns 2X vs 1.25X

Mortgage

One Key+ Card earns 2X vs 1.25X

Gas Stations

One Key+ Card earns 3X vs 2X

Grocery Stores

One Key+ Card earns 3X vs 2X

Dining

One Key+ Card earns 3X vs 2X

Year One vs Ongoing Value

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.

Modeled value is close across spend levels — especially once statement credits are counted.

Scenario	Bilt Palladium Card	One Key+ Card	Ongoing winner	Year-one winner
Light spender: $1,000/month	Rewards: $528 Credits (our usable estimate): $300 − Annual fee ($495) Ongoing: $333 Year one: $1,433	Rewards: $288 Credits (our usable estimate): $0 − Annual fee ($99) Ongoing: $189 Year one: $539	Close — depends on how much of the credits you use	Bilt Palladium Card
Heavy spender: $4,000/month	Rewards: $2,112 Credits (our usable estimate): $300 − Annual fee ($495) Ongoing: $1,917 Year one: $3,017	Rewards: $1,152 Credits (our usable estimate): $0 − Annual fee ($99) Ongoing: $1,053 Year one: $1,403	Bilt Palladium Card	Bilt Palladium Card

Is the Fee Difference Worth It?

The Bilt Palladium Card costs $495/yr — that's $396 more than the One Key+ Card ($99/yr). To justify that gap, you need to extract at least $396 in annual value from the card's higher earn rates and benefits.

The Bilt Palladium Card includes lounge access. Those perks are not included in the earn-rate scenario table above — compare their dollar value to the $396 fee gap for your own usage.

Bottom line: Use the year-one vs ongoing table for modeled earn value at your spend level. The $396 fee gap means the Bilt Palladium Card needs roughly $396 more in annual rewards (or credits you will use) to break even on travel and rent and everyday spend.

What You Give Up

Choosing one card means missing out on these benefits from the other.

Choosing One Key+ Card means losing:

-Airport lounge access

Which Card Is Right for You?

Get the Bilt Palladium Card if you:

+Fly frequently and value airport lounge access

Get the One Key+ Card if you:

+Spend $300+/month on restaurants and dining out
+Do most of your spending at grocery stores

The Bottom Line

Modeled value is close across spend levels — especially once statement credits are counted.

Published annual fees: Bilt Palladium Card $495/yr, One Key+ Card $99/yr — a $396 difference before welcome offers and credits.

Frequently Asked Questions

Is the Bilt Palladium Card worth the higher annual fee?: The Bilt Palladium Card costs $495/yr vs $99/yr for the One Key+ Card. Compare the year-one vs ongoing value table on this page — the $396 gap must be offset by higher earn rates, welcome offers, or credits you will use (the Bilt Palladium Card also lists lounge access).
Which card earns more rewards, the Bilt Palladium Card or One Key+ Card?: Both cards earn 2X on everyday purchases. The difference is in bonus categories — check the earn rate comparison above for a full breakdown.
What benefits does the Bilt Palladium Card have that the One Key+ Card doesn't?: The Bilt Palladium Card offers lounge access, cell phone protection. The One Key+ Card focuses more on earn rates than premium perks.
Should I get the Bilt Palladium Card or the One Key+ Card?: Use the spend scenarios on this page: the One Key+ Card has a lower $99/yr fee; the Bilt Palladium Card must earn enough extra (or offer a larger welcome bonus) to justify $495/yr.

Explore More

Bilt Palladium Card — Full Review All Cardless Cards

One Key+ Card — Full Review All Wells Fargo Cards

Browse all comparisons →Browse all card categories →

Official issuer pages: Cardless cards · Wells Fargo cards

Editorial disclosure: CardRewards.ai is an independent comparison service. Card data comes from issuers' published terms; catalog last published October 11, 2026, and each card page shows when its terms were last checked. Card issuers do not influence our rankings or content.