Apple Card vs Bilt Palladium
Side-by-side comparison
| Apple Card | Bilt Palladium | |
|---|---|---|
| Annual fee | No annual fee | $495 |
| Welcome offer | No current offer | 50,000 points + Gold Status + $300 Bilt Cash after $4,000 in 90 days |
| Dining | 2x | 2x |
| Groceries | 2x | 2x |
| Gas | 2x | 2x |
| Travel | 2x | 2x |
| Streaming | 2x | 2x |
| Everything else | 2x | 2x |
| Est. yearly rewards* | $583 | $583 |
| Points type | Cash back only | Transfers to airlines & hotels |
| Network | Mastercard | Mastercard |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of household spending, the Apple Card earns about $583 a year in rewards and the Bilt Palladium about $583, valuing every point at a flat 1 cent. The Apple Card has no annual fee, so its rewards are all profit. The Bilt Palladium charges $495, but carries about $600 in annual statement credits that offset it for anyone who uses them. Counting rewards, fees, and any credits, the Apple Card delivers more total value, about $195 a year more for a typical spender, mostly because it skips the annual fee the other charges. The bigger difference is the ceiling: the Bilt Palladium earns points you can move to travel partners for outsized value, while the Apple Card pays plain cash back. Favor the Bilt Palladium if you will use travel transfers, the Apple Card if you want simplicity. On the sign-up bonus, the Bilt Palladium currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.