Design Highlights
- Bilt Housing-Reward Cards offer tiered points starting at 0.5x for 25% of rent, increasing to 1.25x for full rent payments.
- The Obsidian Card has a $95 annual fee and earns 3x points on dining and groceries, while Palladium costs $495 and offers premium perks.
- Earn 4% back on non-housing spending, with Bilt Cash convertible to points for housing rewards, but it expires annually unless conditions are met.
- A minimum of 250 points is guaranteed each month, ensuring rewards even if spending tiers are not achieved.
- Understanding the complex terms and tracking spending is essential to maximize the benefits of Bilt’s rewards system.
Bilt’s Housing-Reward Cards are here to shake up the way people think about renting and mortgage payments. Launched on January 14, 2026, these cards come in three flavors: Blue, Obsidian, and Palladium. They’re backed by some serious financial muscle—Cardless, Fidem Financial, and Column N.A.
What’s the big deal? Well, for starters, they allow rent and mortgage payments without any pesky transaction fees. That’s right, folks, no fees. And forget preset spending limits. This is a new era.
Now, let’s explore the rewards. Bilt offers a tiered points system that can get complicated—like, calculus-level complicated. You start earning 0.5x points on 25% of your rent, and it ramps up to 1.25x points once you hit 100%+. So if you’re paying $2,000 in rent, you’re racking up some serious points. There’s no cap on how many points you can earn on housing now. None of that nonsense from Card 1.0. The cards enable earning rewards on rent and mortgage payments with no transaction fees, providing a unique advantage for renters. Additionally, Bilt noted record applications for their cards despite initial confusion among members, indicating strong interest in the rewards system.
Bilt’s tiered points system may be complex, but it rewards your rent like never before—no limits, just serious earning potential!
And here’s where it gets even better. For every $30 in Bilt Cash you earn, you access 1,000 Bilt Points for housing. So, if you’re spending in other categories, you’re also building up your housing rewards. But don’t forget the fine print—because there’s always fine print. If you don’t hit those tiers, you’ll still get a minimum of 250 points per month. Lucky you!
Let’s talk Bilt Cash. You get a sweet 4% back on all non-housing spending across the cards. It’s your ticket to covering that annoying 3% housing transaction fee. But, like a bad relationship, some of that Bilt Cash will expire at the end of the calendar year—unless you roll over $100. So, don’t let it slip away!
The Obsidian Card costs $95 annually and offers perks like 3x points on dining and groceries. The Palladium Card, however, is where the fancy people hang out, with a $495 annual fee and some serious bonuses. It even throws in priority pass access.
But here’s the kicker: the housing rewards are tied to your non-housing spend relative to rent size. It’s a balancing act, folks. Monthly spend accesses those housing points, and you have to keep track. While you’re maximizing these rewards, don’t forget that renters insurance averages just $14 to $18 monthly—a small price for protecting your belongings.
