Atmos Rewards Visa Business vs Bilt Obsidian
Side-by-side comparison
| Atmos Rewards Visa Business | Bilt Obsidian | |
|---|---|---|
| Annual fee | $70 | $95 |
| Welcome offer | 60,000 miles + Companion Fare | $200 in Bilt Cash on account opening |
| Advertising | 1% | 1% |
| Shipping | 2% | 1% |
| Office supplies | 1% | 1% |
| Phone & internet | 1% | 1% |
| Travel | 3% | 2% |
| Everything else | 1% | 1% |
| Est. yearly rewards* | $600 | $546 |
| Points type | Locked to Alaska Atmos Rewards | Transfers to airlines & hotels |
| Network | Visa | 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 business spending, the Atmos Rewards Visa Business earns about $600 a year in rewards and the Bilt Obsidian about $546, valuing every point at a flat 1 cent. The Atmos Rewards Visa Business charges $70, which you clear through its rewards and perks. The Bilt Obsidian charges $95, but carries about $300 in annual statement credits that offset it for anyone who uses them. Counting rewards, fees, and any credits, the Bilt Obsidian delivers more total value, about $71 a year more for a typical spender, mostly because it carries more in annual statement credits. The bigger difference is the ceiling: the Bilt Obsidian earns points you can move to travel partners for outsized value, while the Atmos Rewards Visa Business stays locked to a single airline or hotel program. Favor the Bilt Obsidian if you will use travel transfers, the Atmos Rewards Visa Business if you want simplicity. On the sign-up bonus, the Atmos Rewards Visa Business currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Atmos Rewards Visa Business if your spending leans toward shipping, travel.