Points · Mastercard · $495 annual fee
Last verified 2026-09-09. Review issuer source
First Electronic Bank Bilt Palladium Card is a $495-a-year points card from First Electronic Bank. It earns 2x on every purchase with no categories to track, plus 4x on Lyft. Rewards are Bilt Points points that only spend inside that program, so we value them at about 0.5¢ each.
On our reference budget of $24,600 a year its rewards come to $246, $249 short of the annual fee. That is normal at this price; the card only works if the perks replace spending you already do, or your bonus-category spending is far above a typical household's. The welcome bonus, 50,000 points after $4,000 in 3 months, is the strongest reason to open it in a given year.
Get it if you already fly or stay with Bilt Points often enough to use the lounge access. A general travel card earns points that go more places.
4X points on Lyft rides
3X+ points at Walgreens
50,000 Bilt Points as a sign-up bonus and Gold Status After you spend $4,000 on purchases (excluding rent or mortgage) in your first 3 months and $300 of Bilt Cash
Awarded annually. Up to $100 of Bilt Cash rolls over into the next calendar year.
Applied twice a year, as $200 statement credits, for qualifying Bilt Travel Portal hotel bookings.
Reimbursement for the actual cost to replace or repair a stolen or damaged eligible cellular wireless telephone.
When you rent a vehicle for 31 consecutive days or less with your covered card, you are eligible for benefits under this coverage.
Eligible cardholders will enjoy complimentary lounge membership for them and up to two guests.For additional guests above two, the Cardholder will be charged $35 per guest per lounge visit.
Most items you purchase entirely with your covered card are covered if damaged or stolen within 90 days from the date of purchase as indicated on your covered card’s receipt.
If you are delayed more than six (6) hours while traveling to your destination or return destination, we will reimburse you for travel expenses as a result of the delay.
These come from Mastercard, not from First Electronic Bank. Every card on the World Legend Mastercard tier carries them, so they should not decide between two cards.
Enjoy access to dining experiences and reservations at coveted restaurants.
Call 1-800-MASTERCARD (1-800-627-8372) for 24/7 assistance to report a lost or stolen card.
Enroll in HealthLock for Mastercard Medical Claim Monitor complimentary membership plus a 90-day upgrade to all HealthLock services at no monthly cost.
Groceries and more delivered in as fast as one hour. Get $10 off your second order each month, and new Instacart+ members can also get three free months of Instacart+. Offer expires 1/31/2027.
More rides means more adventure. Take three rides in a month with Lyft to earn a $5 credit.5* Plus, save 10% on all scheduled rides to or from U.S. airports. Offer expires 1/31/2027.
A complimentary 24/7 concierge service that acts as a relentless personal assistant. Reserve that perfect table, locate hard-to-find items and more.
Get exclusive PGA TOUR® experiences and access amazing golf benefits with our Golf Concierge Service.
Monitor your credit file for fraud, get alerts for suspicious activity and access a resolution specialist.
Unlock exclusive access to premium preferred seats and ticket presales at top venues and festivals across the U.S.
Save when you tap and go with your eligible Mastercard and receive a $2.50 statement credit when you spend $10 or more each month at participating transit locations.
Get $3 off Peacock Premium or Peacock Premium Plus each month when you use your World Elite or World Legend Mastercard to subscribe. Watch new movies from theaters, buzzworthy original series, hit TV shows, live sports and so much more. Eligibility restrictions, exclusions and terms apply. Offer expires 12/31/2027.
Enjoy experiences in culture, dining, sports, entertainment and more in over 45 exciting destinations around the globe.
With Mastercard Zero Liability protection you’re protected against unauthorized transactions in stores, online and in app.
Soho Friends is a travel and lifestyle program from Soho House. World Legend cardholders receive a complimentary year of Soho Friends. Join and enjoy special rates at Soho House bedrooms around the world.
Benefit descriptions are the issuer’s and network’s own wording, trimmed for length. Limits and exclusions are in the guide to benefits.
Priority Pass (worth $469/year)
| Card | Annual fee | Rewards earned | Net after fee | Rank |
|---|---|---|---|---|
| Bilt Palladium CardThis card · 2x on everything | $495 | $246 | −$249 | 1273rd of 1,291 |
| Bilt Obsidian CardFirst Electronic Bank's most-held other card · 3x on dining | $95 | $438 | +$343 | 518th of 1,291 |
| Savor RewardsThe strongest no-fee card on this budget · 3% on dining | None | $642 | +$642 | 4th of 1,291 |
| Robinhood Gold CardHighest net return on this budget · 3% on everything | $50 | $798 | +$748 | 1st of 1,291 |
Reference budget: groceries $6,000, dining and restaurants $3,600, gas and ev charging $2,400, travel and transit $3,000, online shopping $2,400, entertainment and streaming $1,200, everything else $6,000. Points are valued at 1¢ unless the program is worth less; statement credits, welcome bonuses, and perks are left out. Run it with your own spending.
