The Bilt Obsidian Card (see rates and fees) is the mid-tier card in Bilt Rewards’ Card 2.0 rollout.
Cards with a $95 annual fee are eligible for Bilt Points at an elevated rate (in popular bonus categories) and 4% Bilit Cash on all nonhousing purchases. As well as rent or mortgage payments, this is also the case with these rewards.
New Bilt Obsidian cardholders receive $200 in Bilt Cash upon application and approval.
Bilt points here at TPG we love him. They’re rated at 2 by our valuations of January 2026. Their transferable to solid transfer partners — Alaska Airlines Atmos Rewards and World of Hyatt — is 2 cents per point, and they’re also transferible to a good deal partner (e.g.
The Bilt Obsidian Card is a good option for Bilit enthusiasts who are happy with two bonus categories and some travel perks. However, the slim benefits and low welcome bonus may make some cardholders want to see more of their own money – but for those who have not received an offer from this company they don’t feel like doing so. ****Card rating* ‘** () **CarD rating, ***** “…
*Card rating is based on the opinion of TPG’s editors and is not influenced by the card issuer.
Bilt Obsidian: The basics
Let’s get to know the Bilt Obsidian Card’s core features.
THE POINTS GUY
- Annual fee: $95.
- Bilt Cash earning structure: Earn 4% Bilt Cash on all nonhousing purchases, if you choose.
- Bilt points earning structure Earn 3 points per dollar on either dining or grocery purchases (up to $25,000 a year), 2 points/dollar spent on travel, and 1 point per cent of dollars used on other everyday items.
*** ****Housing earning structure** Earn up to 1 * *******HOUSE* The tiered-rewards option allows you to earn 25 points per dollar, or up to 1 point per dollars if you choose to make Bilt Cash. - Travel credit: Receive $100 in Bilt Travel portal hotel credits each calendar year.
- Welcome bonus When you apply for Bilt Cash, get $200 in Bilit Cash and are approved. It allows current cardholders of the old Wells Fargo-backed Bilt Mastercard®.
However, The Points Guy has independently collected data on the Bilt Mastercard for its information. card details on this page have not been reviewed or provided by the Card issuer, nor has he/she had any written comment about his card.
Related: How good are Bilt’s first-ever welcome offers? Earn up to 50,000 points
Bilt Obsidian pros and cons
| Pros | Cons |
| — | — |
| * Annual Bilt Travel hotel credit * Elevated earnings in popular bonus categories * No foreign transaction fees * Unlimited points earning on rent and mortgage payments | * Category caps on some bonus categories * Tax payments do not earn points * Fewer travel benefits * Has an annual fee |
Bilt Obsidian key benefits
Given that the Bilt Obsidian Card charges $95 a year, you shouldn’t expect to see long lists of perks. Nevertheless, there are some good examples a few of the best s.
- $100 in Bilt Travel hotel credits each calendar year (split into two $50 biannual credits; minimum two-night stay required)
- World Elite Mastercard benefits, including Trip Delay Insurance
A note on Bilt Cash
Several ways, such as ‘The Bilt Cash you can earn with the Bilted Obsidian Card is redeemable inside the Bill Rewards platform.
- Fitness classes
- Home delivery orders
- Hotel bookings
- Lyft rides
- lock points on mortgage and rent payments; redeem $30 in Bilt Cash to earn 1,000 Bilting points for mortgage or rent payment, up to the full price of your housing bills.
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It’s just one of the two ways to make sure you are earning points on housing payments, so if you choose this path and use Bilt Obsidian Card often enough to unlock its full points-earning capabilities.
Suppose you’re paying $2,000 in rent, for example If you have to redeem $60 in Bilt Cash so that the full 2,000 Bilties are paid for your rent payment. However, if you redeem just $30 in Bilt Cash, you’ll earn 1,000 Bilten points instead of the original. You won’t pay a transaction fee for .
Bilt Cash expires at the end of every year of calendar. Bilt Cash rolls over to the next year with just $100 in Bilting Cash.
Would you rather make 75% of your housing payment costs if it is tiedred-rewards to earn full 1 point per dollar?
If you use the same $2,000 rent example, and spend $1,500 on everyday purchases in the month of that month to get the full 2,000 points for your rent payments. No transaction fee is also charged for this income, as does .
Related: Are you eligible for a new Bilt Rewards card welcome offer? Your biggest Bilt card questions answered
How Bilt points work
How to earn Bilt points
The Bilt Obsidian Card earns:
- 4% Bilt Cash on all nonhousing spending†
3 points per dollar on your choice of eating or grocery purchases (up to $25,000/year) * - 2 points per dollar spent on travel
- 1 point per dollar spent on all nonhousing purchases‡
- Up to 1.25 points per dollar spent on mortgage and rent payments
†Keep in mind that if you opt for the tier-rewards option, you won’t earn Bilt Cash.
‡Tax payments do not earn points.
How to redeem Bilt points
The best way to earn the most out of your points is to transfer them to one of Bilt’s 23 airline and hotel partners. This list has several high-value programs, including Air Canada Aeroplan, Southwest Airlines Rapid Rewards and United Airlines MileagePlus.
American Airlines aircraft at Charlotte Douglas International Airport (CLT). SEAN CUDAHY/THE POINTS GUY
Am I fond of transferring my points to Atmos Rewards for short-haul domestic flights on American Airlines? My favorite award-free airports are often available to fly American from Charlotte Douglas International Airport (CLT) to New York’s LaGuardia Airport(LGA) or Louisville Muhammad Ali International Flughafen (SDF) for friends, 4,500 to 6,000 points.
Also I love transferring points to World of Hyatt (one that is one of the most award-friendly shows). With Hyatt’s prestigious award-winning winning record, you can book award nights at luxury properties for good rates.
You could also redeem points toward:
- Amazon.com purchases directly
- Bilt Collection purchases
- Bilt Travel bookings
- Fitness classes
- Next month’s rent or mortgage
However, such redemptions don’t give us a value that matches our valuation of Bilt points at 2 (i.e. We don’t recommend these routes, because they are 2 cents apiece.
Drawbacks to consider
For some cardholders, it may be difficult to know how much they’ll have to spend on the Bilt Obsidian Card in order to earn enough Bilit Cash to unlock full points on their housing payment (should they choose this way).
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Another factor to consider is that bonus points from grocery spending are capped at $25,000 in spending per year.
Finally, if you want more benefits and protections from a credit card, the Bilt Obsidian Card may not provide enough.
Comparing the Obsidian to other Bilt cards
If you’re looking for a premium Bilt card with more benefits (including Priority Pass airport lounge access) and an elevated earning rate across all nonhousing purchases, the Bill Palladium Card (see rates and fees) fits the bill.
If you don’t want to pay an annual fee and won’T maximize the bonus categories on the Bilt Obsidian, it earns 1 point per dollar for all nonhousing purchases; so if you haven’re going with your entry-level Bilit Blue Card (see rates and fees) is best.
Related: Current Bilt cardholders: Key dates and deadlines as Bilt transitions to new card options
Bottom line
The Bilt Obsidian Card is a good option for Bilit Rewards enthusiasts who want to keep annual fees low and maximize bonus categories, earning points on mortgage or rent payments.
If you don’t intend to use the Bilt Obsidian Card on nonhousing purchases, then skip it if you haven’T. That’s the card you want to spend enough on so that you can unlock the full points-earning on your rent or mortgage bill.
And if you want lounge access or more (annual Bilt Cash) benefits, then go for the premium Biltodium Card or another high-end travel card.
A cardholder who’s ready to focus on Bilt Rewards, avoiding an annual fee and frequent use in the bonus categories of Bil T Obsidian Card is best placed for applying. If Bilt points are so expensive and flexible, you won’t want to miss them out on the mark.
Apply here: Bilt Obsidian Card
For rates and fees of the Bilt Obsidian Card, please click here.
For rates and fees of the Bilt Palladium Card, please click here.
For rates and fees of the Bilt Blue Card, please click here.
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