How good are Bilt's first-ever welcome offers? Earn up to 100,000 points with TPG's exclusive offer
Editor's Note
We've been waiting years for two things: the ability to earn points on mortgage payments and the chance to earn a big welcome bonus on a Bilt credit card.
Now, both are finally here.
Bilt has launched three new credit cards: the Bilt Blue Card (see rates and fees), the Bilt Obsidian Card (see rates and fees) and — my favorite — the new top-tier Bilt Palladium Card (see rates and fees). With this refresh comes the first truly significant welcome bonus we have ever seen from Bilt, along with new ways to earn Bilt Rewards Points faster than ever before.
In fact, you could earn up to 100,000 bonus Bilt points with $10,000 in quick spending by stacking the new welcome offer with a TPG exclusive. To be eligible for this limited-time offer, you must apply through TPG's exclusive link.
This matters because Bilt Rewards points are the most valuable transferable rewards currency available, thanks to an excellent roster of airline and hotel partners and consistently high-value redemption opportunities.
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Below, we break down the current welcome offers on all three Bilt credit cards and explain which one might make the most sense for you.
Bilt Palladium Card: First big bonus ever for a Bilt credit card
The Bilt Palladium Card is Bilt's new premium offering and the most compelling card in the lineup for anyone looking to earn a large number of valuable transferable points in a hurry.
Apply here to earn up to 100,000 bonus points: Bilt Palladium Card
To be eligible for this limited-time offer, you must apply through TPG's exclusive link.
Thanks to the newly launched offer, new Bilt Palladium Card holders can earn 50,000 bonus points and Bilt Gold status (through the rest of the calendar year in which it was earned and the following calendar year) after spending $4,000 on purchases in the first three months from account opening.
Additionally, cardholders receive $300 in Bilt Cash upon approval. And as a TPG exclusive, you can also earn 5 points per dollar spent on purchases (excluding rent and mortgage payments) for the first five days (up to 50,000 bonus points). So, if you happened to have $10,000 in spending to do in those first five days, you could not only earn the 50,000-point bonus, but you could earn another 50,000 points in the process.
This is, by far, the biggest welcome bonus we have ever seen from Bilt.
To be eligible for this limited-time offer, you must apply through TPG's exclusive link.
According to TPG's January 2026 valuations, 50,000 Bilt Rewards points are worth up to $1,100 on their own. When you add in the $300 in Bilt Cash, which can be used within the Bilt ecosystem for things like rent and mortgage fee waivers, the total value of this offer comes in at up to $1,400.
That does not even factor in the added value of Bilt Gold status or the ability to earn an outsized number of points in the first five days of card membership.
At more than $1,400 in total value, this welcome bonus easily lands among the most valuable card offers currently available.
Related: Best welcome offers of the month
In addition to the welcome bonus, the card also offers the following key benefits:
- $495 annual fee
- $400 annual Bilt Travel hotel credit (issued as $200 biannually)
- $200 in annual Bilt Cash
- Priority Pass lounge membership
And the card earns:
- 2 points per dollar spent on everyday spending
- Up to 1 point per dollar spent on rent and mortgage payments
- 4% Bilt Cash earned on everyday spending (can be used to waive rent and mortgage transaction fees, among other redemptions)
Why you should apply for the Bilt Palladium
Two words explain the appeal of this card better than anything else: transfer partners.
The ability to earn up to 1 point per dollar spent on rent and mortgage payments is exciting, especially since Bilt Cash can be used to offset transaction fees. But even without the tie-in to rent and mortgage payments, the Bilt Palladium would still be a standout premium card.
That is because Bilt Rewards points transfer 1:1 to programs like Alaska Airlines Atmos Rewards, United MileagePlus and World of Hyatt. These partners consistently offer high-value redemptions, which is why Bilt points are currently valued at 2.2 cents each (per our January 2026 valuations).
Related: Don't make a mistake: You could pay 7,500 miles or 50,000 points for the same flight
The closest everyday earning comparison among premium cards is the Capital One Venture X Rewards Credit Card, which earns at least 2 points per dollar spent on all purchases. However, Capital One miles are currently valued at 1.85 cents each (per our January 2026 valuations), giving the Bilt Palladium a clear edge on everyday spending.
To put that difference into real-world terms, transferring Bilt points to World of Hyatt can unlock substantial value. On some dates, as few as 63,000 points are enough for a three-night stay at the beachfront Hyatt Regency Maui Resort and Spa. Most of those points could come directly from the welcome bonus alone.
Whether you are focused on maximizing everyday spending, earning points on rent or mortgage payments, or building a stash of transferable points for premium travel, the Bilt Palladium Card has the potential to become a long-term staple in many wallets.
Apply here: Bilt Palladium Card
There are two other Bilt cards also launching today, in case the Palladium isn't the right fit for you.
Bilt Obsidian Card
If you want a lower annual fee, the Bilt Obsidian Card sits squarely in the middle of the lineup, offering stronger bonus categories than the no-annual-fee option while keeping costs well below the Palladium Card.
Welcome offer: Earn $200 in Bilt Cash when you apply and are approved. As a TPG exclusive, you can also earn 5 points per dollar spent on purchases (excluding rent and mortgage payments) for the first five days (up to 50,000 bonus points).
Key benefits include:
- $95 annual fee
- $100 annual Bilt Travel hotel credit (issued as $50 biannually)
- Cellphone protection
As for the earning rates, the card earns you:
- 3 points per dollar spent on dining and groceries (up to $25,000 per year)
- 2 points per dollar spent on travel
- Up to 1 point per dollar spent on rent and mortgage payments, and everyday spending
- 4% Bilt Cash earned on everyday spending (can be used to waive rent and mortgage transaction fees)
The Obsidian Card is a solid choice for those who spend heavily on dining and groceries and want access to Bilt's transfer partners without a high annual fee. Its high earning rates in key categories add up quickly, and it works well for renters or homeowners who want to earn points on housing payments without paying for premium perks.
Apply here: Bilt Obsidian Card
Bilt Blue Card
The Bilt Blue Card is the entry-level option in the lineup and the only card with no annual fee.
Welcome offer: Earn $100 in Bilt Cash when you apply and are approved.
As a TPG exclusive, you can also earn 5 points per dollar spent on purchases (excluding rent and mortgage payments) for the first five days (up to 50,000 bonus points). To be eligible for this limited-time offer, you must apply through TPG's exclusive link.
Key benefits include:
- No annual fee
- No foreign transaction fees
And the card earns:
- Up to 1 point per dollar spent on rent and mortgage payments
- 1 point per dollar spent on everyday spending
- 4% Bilt Cash earned on everyday spending (can be used to waive rent and mortgage transaction fees)
The Blue Card is the easiest way to access Bilt Rewards with no annual fee, letting you earn transferable points on rent or mortgage payments and take part in Rent Day promotions. It can also work well as a long-term companion card for a primary travel rewards card. However, if you plan to use your Bilt card frequently and heavily for rent and everyday spending, you may come out further ahead with one of the higher-tier cards.
Apply here: Bilt Blue Card
Comparison of Bilt credit card welcome offers
| Card | Main welcome offer | TPG exclusive offer | Annual fee |
|---|---|---|---|
Earn 50,000 bonus points and Bilt Gold status after spending $4,000 on purchases in the first three months from account opening. Additionally, cardholders receive $300 in Bilt Cash upon approval. | Also earn 5 points per dollar spent on purchases (excluding rent and mortgage payments) for the first five days (up to 50,000 bonus points). | $495 | |
Earn $200 in Bilt Cash when you apply and are approved. | Also earn 5 points per dollar spent on purchases (excluding rent and mortgage payments) for the first five days (up to 50,000 bonus points). | $95 | |
Earn $100 in Bilt Cash when you apply and are approved. | Also earn 5 points per dollar spent on purchases (excluding rent and mortgage payments) for the first five days (up to 50,000 bonus points). | None |
To be eligible for TPG's limited-time offer, you must apply through TPG's exclusive link.
Bottom line
In a world of 100,000- and 200,000-point welcome bonuses, it would be easy to overlook just how meaningful a 50,000-point Bilt bonus really is (before factoring in the TPG exclusive portion of the offer).
But Bilt points are different. They are harder to earn at scale, they transfer to some of the most valuable loyalty programs available and they are consistently worth more than 2 cents each when used with transfer partners. When you combine that with the ability to earn points on rent and mortgage payments, this new lineup becomes genuinely compelling. (If you apply for one of the cards today, factor in the time it will take to receive it in the mail. According to the company, it will turn on all Bilt Card 2.0s on Feb. 7.)
I am absolutely applying for the Bilt Palladium Card. Between the welcome bonus, the everyday spending earning rate and the ability to put my mortgage on the card for even more points, adding the card to my wallet is a no-brainer. The welcome bonus, plus other points-earning opportunities from the card, will bring me much closer to my next Hyatt stay, business-class flight or whatever tempting Rent Day transfer bonus Bilt rolls out next.
Apply here: Bilt Palladium Card
Apply here: Bilt Obsidian Card
Apply here: Bilt Blue Card