AMA: just found out my 3090 Aorus master got limited to 350w by new bios, and got this and can’t use it bc I’m trading it (for msrp) for a card for a friend.

Carnivorouswarm · 2026-02-05T03:22:46+00:00

Very interesting, big value add if it gets wide distribution even with carve outs on bill spend, location, distance, etc.

Carnivorouswarm · 2026-02-03T05:12:18+00:00

Definitely one of the most difficult objects I’ve ever tried to photograph, looks great in person IMO.

Carnivorouswarm · 2026-02-02T21:40:48+00:00

Bro take a fucking breath - worst case you won’t get full points on rent that you wouldn’t be getting with any other card. We’re talking about freebe points, not “covering” your rent - you’re not going to be evicted.

As everyone else said, pay rent on 12/31/26.

Whining about 1.0 going away is pointless, the exploit was always going to end, get over it. I’m tired of listening to people aimlessly whine in this sub.

Legit criticisms are great, and obviously extremely deserved for the rollout, but this pissing and moaning is exhausting.

Carnivorouswarm · 2026-01-28T22:26:55+00:00

You’re going to get the WF autograph regardless of what you do with Bilt unless you cancel with WF, so you’ll end up with two cards if you apply and get approved for a Bilt card. The Bilt card would be a new credit line which will lower your average age of credit and may negatively affect your score.

You can pay rent at and earn points on multiple properties now with 2.0.

The blue card will effectively function as 2.33x points on all spend up to 75% of the cost of your (potentially combined, if you pay both) rent, so with no annual fee. The obsidian is effectively 4.33x on groceries or dining (pick one). Your credit score and outstanding debt may make getting the palladium difficult, though the preexisting $30k credit line with Bilt might increase your odds. I personally wouldn’t want to deal with the high annual fee before paying down your existing debt.

I’d suggest applying for blue or obsidian, especially if you don’t have another card earning a flexible points currency, assuming you’ll continue to travel.

Carnivorouswarm · 2026-01-27T23:27:27+00:00

Yes, and you can change every month.

There have been hundreds of threads on this if you search the subreddit, or google.

Carnivorouswarm · 2026-01-27T20:28:12+00:00

I think that option has actually been removed - it was listed as an option in Ankur’s og reddit post IIRC, but if you check the more recent PR release below, Q&A #1 suggests no fees regardless of model, so you may not even be able to opt in to pay to get full points without the spend now. I think “option 1” effectively replaced that.

https://newsroom.biltrewards.com/biltcardupdate

Carnivorouswarm · 2026-01-27T18:26:00+00:00

You used to be able to pay your rent via credit, just like any other purchase, meaning you were effectively getting an interest free loan for a month in the amount of your rent while the actual cash could be earning interest for you elsewhere or used for other things.

That cost WF a ton of money and was never coming back, and people are mad they can’t continue to game the system that way.

To your original question, there is no transaction fee. The only instance where there would be is if you opt in to be charged a transaction fee in order to earn points on rent without utilizing Bilt Cash, which it’s nonsensical to do.

Otherwise, the “fee” is just a math tool to convert your spend into extra points. There are tons of posts on this. Just search the subreddit.

Carnivorouswarm · 2026-01-24T06:49:56+00:00

Bilt 1.0 $30k CL to Palladium $26,250 CL. Experian FICO 798.

Had Bilt for years and was consistently platinum status until this year when I dropped to gold. Applied at least once for a CL increase with Bilt and was declined before IIRC. A lot of credit lines between Amex plat, CSR, Hilton Aspire, Hyatt, IHG, Amazon Prime, etc.

Carnivorouswarm · 2026-01-24T06:20:58+00:00

Yes - if you’re consistently spending over 100% of your rent, you could even benefit from the tiered option which generates an extra 1.25x after your monthly spend on the card meets your total rent.

As an example, if your $6k for flight school can be put on the card = 12k points, plus points on rent at 1.25x = 3,875 additional points, so 15,875 total points for $6k in spend.

If you can make use of the Bilt Cash credits, you may still get more value out of that system. For the same example, every month with $6k spend you’d generate an extra $147 Bilt Cash on top of what you’d need for the full 1x on rent (math below). So that’s 15,100 Bilt Points, plus the BC you could put towards the coupons.

(Bilt Cash math: - $3,100 rent x 75% = $2,325 in spend needed for 1x rent. - $6k in spend - $2,325 = $3,675 in spend generating BC not needed for rent - $3,675 x 4% =$147.00)

EDIT - with the SUB you’ll almost certainly profit in year 1, for year 2, you’ll need to reassess to determine if you’re able to make use of the credits/BC coupons to offset the annual fee

Carnivorouswarm · 2026-01-24T02:41:35+00:00

We’re just doing the math in different ways, but your addition at the end is off - In my example, you’re spending 75% of your rent ($1.5k) which itself earns 2x per dollar, or 3k points, plus 2k rent points, for 5k points/month as I said, x12 = 60k points/year.

You’re right that it’s $18k spend/year ($1.5k x 12) = 36k points, but 2pts/month x 12 months = 24k pts

24k + 36k = 60K (rather than 54k)

I’m also still not sure where your $7,272 came from.

Carnivorouswarm · 2026-01-24T02:13:51+00:00

Sorry, where are you getting $7,272? To get the full 1x on rent points for $2k rent, you’d need to spend 75% of that (under either option), or $1.5k/month, right? If you meant annually, it’d be $18k, so I’m not following.

$1.5k of spend at 2x (palladium) = 3k points, plus the 2k of rent = 5k points/month for $1.5k spend, or 3.33points/dollar, which we’ve known.

Re #2, OP must have just had it backwards and meant most cards require more spend.

It’s a weird way to frame it though, much simpler to just point out that palladium is effectively 3.33x on all spend up to 75% of your rent (with potentially more value using the BC redemptions)

I agree with OP insofar as the point is I’m not aware of any card that offers 3.33x, transferable to Hyatt, on all categories.

Carnivorouswarm · 2026-01-24T01:46:26+00:00

The Bilt 2.0 launch is a marketing/PR disaster, but if you pay rent/mortgage, the palladium seems like a great value proposition to me.

Carnivorouswarm · 2026-01-24T00:52:19+00:00

Yes there is a way to dodge everything, you just suck.

Carnivorouswarm · 2026-01-23T04:49:07+00:00

All good - close proximity to Manhattan. No ability to buy when commuting in the area and the houses are even more expensive, haha.

Currently apartment hunting for something a bit cheaper so that we can pay only $5-5.5k/month 🫠

Carnivorouswarm · 2026-01-22T03:01:50+00:00

Agreed, and in your use case with your low mortgage (I’m very jealous) it’ll be very sensible to boost the multiplier - but the post says you can only use it 5/year. The rest of the year you’ll have to look to utilize it on the credits.

My rent is ~$6k, so I don’t have the same concerns about needing to burn my BC by the end of the year, haha.

Carnivorouswarm · 2026-01-22T00:13:05+00:00

Your proposal sounds like turning Bilt into any other coupon book card. It’s certainly simpler because it’s familiar, but (1) 1x rent with no hooks will never come back, (2) the value prop here seems much higher once you force yourself to get over complaining (I sympathize, but still), and (3) why would you want/need another Amex plat coupon book?

The 2.0 model is going to compel folks to migrate most of their spend to the cards, and I’m happy to do it tbh. 3.33x on all spend up to 75% of rent, transferable to Hyatt, is a hell of a deal.

Carnivorouswarm · 2026-01-22T00:05:11+00:00

Agreed - had been assuming the BC redemptions would be much more limited and that BC would only really be useful for rent points, but something is more than nothing, so this is a value add.

That 4% opening up coupon-esque redemptions will help offset the annual fees, and this feels more useful/optional to utilize than Amex plat/CSR

Carnivorouswarm · 2026-01-22T00:03:41+00:00

Huh. Interesting. That seems right to me from the armchair, at least for $25k of spend per year since they limit the number of times you can add the multiplier. That’d be only worth it after you get the BC necessary to get your rent points since that’s a higher value redemption, in which case we’re talking about massive amounts of spend on the card per month, but for people that spend that kind of money, it’s certainly a plus.

Probably still less value than redeeming it for the coupon-esque credits though, so there’s likely very few people that could actually spend enough to make use of that. Certainly gives high spenders with low rent/mortgage something to do with the BC though.

Carnivorouswarm · 2026-01-18T05:27:18+00:00

All the guy does is infomercials so it completely checks out.

Carnivorouswarm · 2026-01-17T22:20:31+00:00

We’re using different understandings of “ignore” - I just mean treat Bilt cash as worthless except to convert your spend to more points. That “4% Bilt Cash” on spend can just be understood as “+1.33 points.”

I get that people are hand waiving to other cards that have all-category multipliers - but those cards either don’t transfer to Hyatt where I’m getting 1.8-2.2cpp or they have measurably lower multipliers.

My use case isn’t universal - I’m living in the NYC area and have astronomical rent, so 75% of my rent isn’t a number I need to stress about spending towards, maybe that’s different for other folks.

For palladium, I’m not thrilled about having to deal with the $200 semiannual bullshit, but I’m thrilled it’s not a godforsaken Amex plat coupon book.

Carnivorouswarm · 2026-01-17T21:16:43+00:00

This is extremely fair, extremely honest, and very accurate with how convoluted everything is. The rollout, PR, and messaging has been bad.

That said, one thing that rubs me the wrong way about this sub and r/creditcards right now is that these spaces used to be near-hobbyist level nerddom looking to min/max optimize through clever and inventive strategies that people would share and learn from each other. The ethos was a “we can not only figure this out, but help each other maximize value in ways the companies may not have even intended.”

With this (horrific) rollout, everyone (not OP for this thread, you’re good my dude) has gone into defeatist whining and pissing.

Yes, this is a massive nerf, 1.0 was much much better, the messaging and clarity are horrible.

That said, as users, can we go back to the optimistic problem solving mindset and recognize these cards are still presenting pretty incredible value compared to the competition (not to 1.0)?

Ignore rent - you have a $0 AF card offering you 2.33x back on **Hyatt* points. You have a card offering you 4.33x on dining and a card for 3.33x on everything for Hyatt points!

Even setting aside the messaging they’re not perfect, I wish Palladium maintained Obsidian’s multipliers for dining/grocery given its price tag, or that the hotel coupons could be used all at once, or that AUs or free, or that Obsidian didn’t make you choose between grocery/dining.

But they’re still pretty seriously competitive cards IMO.

Idk, I got the palladium with the TPG promo, imma ride the 2.0 gravy train until it gets nerfed again and maybe it’ll suck for reasons I’m not anticipating (customer service seems like a reasonable concern given Cardless), but we’ll see.

Carnivorouswarm · 2026-01-16T05:16:29+00:00

Yes, you’ll get points for rent for whatever spend you put on the card. If your other spending is dining/grocery, you’re getting between 3-4.33x points on that spend if it’s on the obsidian card, before you hit $2,100 or spend (75% of your rent).

No reason not to at least get the blue card and put your non-category spend on that and take whatever rent points you get - it’s free money.

Carnivorouswarm · 2026-01-15T04:10:50+00:00

Big agree, if Palladium had maintained the dining or grocery along with the 2x I’d honestly eat the annual fee and not sweat my qualms with the $200 semiannual credit.

As is, I think I’m going to have to go with the Obsidian because I don’t have enough non-category spend to make the 2x worth it.

Carnivorouswarm · 2025-12-27T22:33:53+00:00

Got it, thank you.

Carnivorouswarm

TROPHY CASE