Bilt Palladium Launch: Earn Over 400,000 Points in First Year
El-Balad has highlighted the exciting launch of the Bilt Palladium Card, a new credit card offering exceptional earning potential. With the opportunity to earn substantial rewards, consumers are eager to learn more about its benefits and features.
Bilt Palladium Card Overview
The Bilt Palladium Card comes with a $495 annual fee. This card allows users to earn:
- 3 points per dollar on all spending, up to $25,000.
- 1 point per dollar on rent and mortgage payments.
- 2 points plus 4% back in Bilt Cash on everyday purchases.
Initial Bonus Offer
New card members can earn an initial bonus of:
- 50,000 Bilt Points after spending $4,000 on everyday purchases within the first three months.
- $300 in Bilt Cash.
These rewards provide significant value during the first year.
Additional Benefits
Cardholders gain access to a variety of exclusive benefits, including:
- $400 hotel travel credit ($200 statement credits, applied twice a year for qualifying Bilt Travel Portal hotel bookings of two nights or more).
- Annual $200 Bilt Cash bonus.
- Priority Pass that covers the cardholder and up to two guests.
Maximizing Earnings with the Bilt Palladium Card
Cardholders can boost their point accumulation significantly. For instance:
- Housing spending of $2,771 monthly could yield around 33,252 points.
- Using the Points Accelerator can provide an additional 25,000 points.
- The base earning of 2x points could result in 100,008 points through $4,167 in monthly spending.
In total, one might earn approximately 208,260 points in the first year, enhancing the total to potentially over 400,000 points with strategic spending.
Valuable Point Transfers
Bilt points are highly desirable due to their flexibility. Cardholders can transfer points to several airline and hotel partners, enhancing their travel options. Key partners include:
- Hyatt
- Aeroplan
- Alaska Airlines
- Marriott Bonvoy
- Hilton Honors
Key Considerations
While the Bilt Palladium Card offers impressive benefits, there are a few drawbacks to consider:
- There is an exclusion of points-earning on tax payments.
- Bilt Cash expires at the end of the calendar year, with only $100 eligible for rollover.
- An initial credit line reduction was reported by some existing members.
Feedback indicates areas for improvement in card communication and feature customization.
The Bilt Palladium Card represents a robust option for consumers looking to maximize rewards. With the potential to earn over 400,000 points in the first year, it is an appealing choice for those who spend significantly on housing and daily expenses.
