The New Bilt 2.0 Cards
January 15, 2026
Bilt Card 2.0: Rewards for Rent, Mortgages, and Everyday Spend
Bilt has officially launched Bilt Card 2.0, expanding its ecosystem to include mortgage payments and introducing a tiered card lineup. Issued by Column N.A., the new suite consists of the Blue, Obsidian, and Palladium cards, shifting the program toward a dual-currency model using Bilt Points and Bilt Cash.
Card Tier Comparison
All cards offer a 10.00% introductory APR on purchases for the first 12 months (standard variable APR 26.74% – 34.74% thereafter) and 4% Bilt Cash on all everyday spend.
| Feature | Bilt Blue | Bilt Obsidian | Bilt Palladium |
|---|---|---|---|
| Annual Fee | $0 | $95 | $495 |
| Welcome Bonus | $100 Bilt Cash | $200 Bilt Cash | 50k Points + Gold Status¹ |
| Opening Bonus | — | — | $300 Bilt Cash |
| Points (Everyday) | 1x | 3x Dining/Grocery², 2x Travel | 2x |
| Bilt Cash Back | 4% | 4% | 4% |
| Annual Credits | — | $100 Hotel Credit | $400 Hotel + $200 Bilt Cash |
¹ Requires $4,000 spend in the first 3 months. Status valid through Jan 15, 2028.
² Grocery category capped at $25,000/year.
The Housing Rewards Mechanic
Rent and mortgage payments still have no transaction fees, but they do not earn points directly. Instead, you use Bilt Cash earned from everyday spending to "unlock" points on your housing.
Conversion: Every $30 in Bilt Cash earned unlocks 1,000 Bilt Points on your rent or mortgage payment.
Limit: You can unlock up to 1 point per $1 of your housing payment.
Alternative: A "Max Points" option allows you to earn 1 point per $1 for a 3% transaction fee (which Bilt Cash can offset).
The Bilt Cash Ecosystem
Beyond housing, Bilt Cash is a flexible currency earned at a 4% rate on everyday spend. While housing payments no longer earn points automatically, Bilt Cash serves as the primary engine for ecosystem benefits.
Direct Redemptions: Spend Bilt Cash dollar-for-dollar on monthly credits for restaurants, hotels, and rideshares.
Platform Utility: Use it to access exclusive transfer bonuses, unlock housing-specific rewards, or pay for transaction fees if you choose the "Max Points" housing payment option.
Premium Benefits and Credits
The Obsidian and Palladium tiers include semi-annual hotel credits for bookings of 2+ nights made through the Bilt Travel Portal.
Obsidian: $50 credit available Jan–June; $50 available July–Dec.
Palladium: $200 credit available Jan–June; $200 available July–Dec.
Travel Protections: Premium cards include Trip Delay Insurance, purchase protection, and no foreign transaction fees.
Transition Guide for Current Members
Current Bilt cardholders have until January 30, 2026, to select their new card tier via the Bilt app or by visiting biltrewards.com.
Selection: Choose between Blue, Obsidian, or Palladium by the deadline.
Credit Impact: Upgrading does not require a hard credit inquiry for existing members.
Account Continuity: Card numbers, Apple/Google Pay, and autopay settings transition automatically.
Delivery: New physical cards will arrive by February 6, with all new rewards active on February 7, 2026.
Summary of Key Terms
Housing Payments: No preset spending limit and does not count against your credit line.
Statement Credits: Points can be redeemed for statement credits (1,000 point minimum).
Authorized Users: $50/year (Obsidian) or $95/year (Palladium).