Bilt 2.0 Military – Annual Fee Waived for Active Duty, Spouses

The Bilt 2.0 cards, including the card_name, should waive the annual fee for active duty military and military spouses.

We don't have any data points yet for how the MLA annual fee waiver will work, so please leave a comment if your fees are waived and what your MLA status is.

Thanks to the Military Lending Act and Servicemembers Civil Relief Act, Cardless, the issuer of the Bilt Rewards cards, might reduce the annual fee of the Bilt Palladium Card and Bilt Obsidian Card to $0 for covered borrowers of the MLA and SCRA.

This is based on reports from Reddit and the Military Money Manual Instagram.

With Bilt Rewards cards, you can make housing payments including rent and mortgage payments and pay no transaction fees.

Combined with military annual fee protections, the Bilt Rewards cards are powerful rewards cards for US military families.

Bilt Palladium Card Military

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Learn how to apply on our partner's secure site

• $495 annual fee, reduced to $0 for active duty servicemembers and military spouses
• A welcome bonus of 50,000 bonus points and Bilt Gold status after spending $4,000 within three first three months (on non-housing purchases), plus $300 Bilt Cash upon approval
• 2x points + 4% back in Bilt Cash on everyday purchases, with no foreign transaction fees
• A $400 Bilt travel portal hotel credit every calendar year ($200 semi-annually, two-night minimum stay)
• $200 in Bilt Cash annually, deposited at the beginning of each year, including with account opening
• Unlimited 1x points on rent and mortgage payments (funded with Bilt Cash)
• A Priority Pass membership, with up to two guests allowed (authorized users can be added for $95 each, and also receive a membership); this membership doesn’t offer credits at Priority Pass restaurants, unsurprisingly
• World Legend Mastercard benefits

Bilt Obsidian Card Military

Bilt Obsidian Card
Learn how to apply on our partner's secure site

• $95 annual fee, reduced to $0 for US military servicemembers and military spouses
• A welcome bonus of $200 in Bilt Cash upon approval
• 3x points on your choice of dining or groceries (dining is uncapped, groceries is capped at $25K of spending per year), 1x points on all other purchases, and 4% back in Bilt Cash on all purchases, with no foreign transaction fees
• A $100 Bilt travel portal hotel credit every calendar year ($50 semi-annually, two-night minimum stay)
• Unlimited 1x points on rent and mortgage payments (funded with Bilt Cash)
• World Elite Mastercard benefits

Bilt Rewards Points Transfer Partners

You can transfer your Bilt Rewards Points to airline and hotel partners including:

• Spirit Airlines
• British Airways
• Aer Lingus
• Iberia
• Etihad Guest
• Virgin Red
• Avianca Lifemiles
• Qatar Airways
• Japan Airlines
• Southwest Airlines
• TAP Air Portugal
• Alaska Airlines & Hawaiian Airlines (ATMOS Rewards)
• United Airlines
• Turkish Airlines
• Emirates Skywards
• Cathay Pacific
• Air France-KLM (Flying Blue)
• Air Canada

And 5 major hotel transfer partners include:

• Hilton Hotels & Resorts
• Accor (ALL)
• World of Hyatt
• Marriott Bonvoy
• IHG Hotels & Resorts

Bilt Military Lending Act

The Bilt 2.0 card is issued by Cardless through Column N.A., a US bank. Their terms and conditions on the Bilt card include this Military Lending Act notice:

MILITARY LENDING ACT NOTICE: Federal law provides important protections to members of the Armed Forces and
their dependents relating to extensions of consumer credit. In general, the cost of consumer credit to a member of the
Armed Forces and his or her dependent may not exceed an annual percentage rate of 36 percent. This rate must
include, as applicable to the credit transaction or account: the costs associated with credit insurance premiums; fees for
ancillary products sold in connection with the credit transaction; any application fee charged (other than certain
application fees for specified credit transactions or accounts); and any participation fee charged (other than certain
participation fees for a credit card account). To receive this information and a description of your payment obligation
verbally, please call (888) 533-5576.