This calculator compares an annualized budget under the standard card offer dated September 18, 2026 and Bilt Cash terms dated August 21, 2026; your actual offer, eligibility and redemption restrictions control.
Choose one earning option for the same spending
Housing-only and Flexible Bilt Cash are alternatives for an account, so their housing rewards must not be stacked. The calculator shows all three cards under both options while clearly identifying alternatives excluded by an explicit selection. Housing-only compares eligible Everyday Spend with a positive eligible housing payment. Exact thresholds at 25%, 50%, 75% and 100% select the stated multipliers, subject to the eligible 250-point monthly account floor. Housing must qualify through Bilt with the required linked bank account. Flexible earns 4% restricted Bilt Cash on eligible purchases and permits housing conversion at 0.03 Cash units per whole point, limited to 1x eligible housing. No positive eligible housing means no housing points. Purchases entered here must already exclude returns, applied credits, fees, interest and other ineligible transactions. The Obsidian category choice is restricted over time, and option changes generally apply in a later billing cycle. Compare your existing purchases under a consistent option rather than assuming immediate switching or increasing spending merely to cross a threshold.
Keep Cash, credits and dollars in separate ledgers
Bilt Cash is restricted promotional credit and has no automatic bank-cash value. Its modeled pool combines earned Cash with only the annual and conditionally eligible welcome budgets you explicitly include. Flexible housing conversion consumes actual whole-point costs; a requested allocation can leave a small unused remainder because fractional points are not converted. The same unit cannot fund housing points and also receive another redemption value. Enter the share of remaining units you expect to redeem elsewhere before expiry and your assumed usable dollar value per redeemed unit. Units not used for either purpose remain in the ledger, with up to 100 eligible to roll over and the remainder expiring at calendar year end. Hotel credits have separate January–June and July–December limits, require an eligible opted-in portal booking of at least two nights and default to zero usable value. Spending must be net of those credits. These budgets assume availability before the matching transactions; opening dates, posting delays, merchant caps and unused half-year windows can reduce actual use.
Separate ongoing value from conditional welcome benefits
The leading result ranks ongoing modeled net dollars after annual fees, including any paid additional authorized users. A separate column shows conditional year-one value, and the calculator identifies the alternative with the most recurring points independently. A larger point total can lose on net value when its annual fee is higher. No welcome benefit is included merely because a monthly spending estimate multiplied by three exceeds a threshold. Confirm standard new-account non-spend eligibility and enter the account opening and assessment dates, actual eligible posted Everyday Spend and confirmation that it falls within the issuer’s qualifying window. Housing payments and excluded purchases do not count toward the Palladium USD 4,000 condition. The usual stated window is 90 days, with the documented February 7, 2026 opening exception using 97 days; the issuer’s deadline controls. Welcome Cash eligibility is separate from the point threshold. Qualifying does not mean rewards have arrived. Historical or targeted offers require their original terms, and the displayed standard profile remains provisional for those accounts.
Read the annualized illustration and exports honestly
The comparison repeats twelve eligible monthly cycles and applies calendar-year caps and explicitly chosen benefit budgets. It is not an exact first account year and does not forecast the dates points, credits or Cash arrive. The projector allocates one twelfth of each annualized net value to each illustrated month, including fees and conditional benefits, so its lines cannot establish a real cash-flow crossover date. Annual category and housing point subtotals are each rounded down once before valuation; this is a consistent model convention rather than an assertion about issuer transaction rounding. Your point valuation is a personal assumption, and zero is allowed. Saved scenarios can compare current spending, reduced spending and a lower valuation without encouraging additional purchases. Reports retain all six card-option comparisons, Cash conservation, caps, assumptions and exact rule versions. Values remain on the page unless Remember or an explicit export or reviewed share is chosen. This independent educational model excludes interest, borrowing costs, taxes, status perks, partner promotions and accelerators; carrying debt can outweigh modeled rewards.