Is the Bilt Obsidian Card subject to Chase 5/24 rules?

No, the Bilt Obsidian Card is issued by Cardless, not Chase. Therefore, it is not subject to Chase's 5/24 rule or other specific Chase application restrictions.

What credit score is needed for the Bilt Obsidian Card?

While a specific credit score floor is not provided, applicants for the Bilt Obsidian Card typically need good to excellent credit to be approved. This generally means a FICO score in the mid-700s or higher.

Can I get the Bilt Obsidian Card bonus twice?

There are no specific 'once-per-lifetime' or '24-month' rules currently noted for the Bilt Obsidian Card bonus. However, Cardless, like all issuers, reserves the right to deny applications or bonuses based on past card history or perceived abuse of offers.

Does the Bilt Obsidian Card have a foreign transaction fee?

No, the Bilt Obsidian Card does not charge foreign transaction fees, making it a suitable option for purchases made outside the United States.

Is there a minimum spend requirement for the Bilt Obsidian Card welcome bonus?

No, as of June 2026, the Bilt Obsidian Card offers its $200 welcome bonus simply upon approval, with no minimum spending requirement to earn it.

What are Bilt Points and what are they worth?

Bilt Points are the reward currency earned with the Bilt Obsidian Card. They are highly valued for their flexibility, particularly for transferring to various airline and hotel loyalty programs, often at a 1:1 ratio. Their exact value can vary depending on how you redeem them, but they are generally considered valuable for travel.

Bilt Obsidian Card: $200 Bonus, No Minimum Spend (June 2026)

The Bilt Obsidian Card, issued by Cardless, offers a straightforward $200 welcome bonus upon approval, with an estimated net value of $105 after its $95 annual fee. This card is ideal for churners seeking a quick, no-minimum-spend bonus and who value Bilt Points. Eligibility is generally open, as no specific issuer application rules like Chase 5/24 or once-per-lifetime restrictions are currently noted, though good to excellent credit is typically required. (As of June 2026)

This guide provides a comprehensive overview of the Bilt Obsidian Card's current offer, helping you determine if it's the right addition to your credit card strategy. We'll cover everything from the bonus details to application eligibility and potential alternatives, ensuring you have all the facts to make an informed decision.

Current Welcome Bonus & Value

As of June 2026, the Bilt Obsidian Card offers a $200 welcome bonus upon approval. This bonus is awarded directly, with no minimum spending requirement to unlock it.

Considering the card's $95 annual fee, the net estimated value of this welcome bonus is $105 in its first year. The bonus is awarded in dollars, making its value clear and immediate.

Minimum Spend to Earn It

One of the standout features of the Bilt Obsidian Card's current offer is that there is no minimum spend requirement to earn the welcome bonus. The $200 bonus is awarded simply upon approval of your application.

Who's Eligible

Eligibility for the Bilt Obsidian Card is generally based on your creditworthiness. While no specific credit score floor is provided, applicants typically need good to excellent credit to be approved for a premium Mastercard like the Obsidian Card.

Crucially for churners, there are no specific issuer application rules like Chase's 5/24 rule or once-per-lifetime bonus restrictions currently noted for Cardless or the Bilt Obsidian Card. This means that eligibility is not restricted by your recent credit card applications or past bonuses from this issuer. However, all applications are subject to Cardless's internal review processes.

Is It Worth It?

Deciding if the Bilt Obsidian Card is worth it depends on your churning goals and spending habits.

Pros:

Easy Welcome Bonus: A $200 bonus awarded simply upon approval, with no minimum spend requirement, makes this a very accessible bonus for quick value.
Net Positive Value: Even with the $95 annual fee, the bonus provides a net $105 in value in the first year.
No Foreign Transaction Fees: This card is a good option for international travel, as it does not charge foreign transaction fees.
Earns Bilt Points: While specific earning multipliers are not provided, the card earns valuable Bilt Points, known for their flexible travel transfer partners.

Cons:

Annual Fee: The $95 annual fee must be considered against the card's benefits and your ability to utilize them beyond the welcome bonus.
Limited Information on Earning: Without specific earning multipliers, it's hard to assess its long-term value for everyday spending compared to other rewards cards.

For those looking for a straightforward, no-hassle welcome bonus with a positive net value, the Bilt Obsidian Card presents a compelling offer.

How to Apply

To apply for the Bilt Obsidian Card, you will typically visit the official Cardless or Bilt website. Look for the specific offer page for the Bilt Obsidian Card and complete the online application form. Ensure all information is accurate to facilitate a smooth approval process.

Alternatives

If the Bilt Obsidian Card doesn't perfectly align with your strategy, or if you're looking to expand your Bilt ecosystem, consider these related cards:

Bilt Blue Card: Often considered the entry-level Bilt offering, it may have different features and benefits.
Bilt Palladium Card: Likely a more premium offering within the Bilt suite, potentially with higher fees and enhanced benefits.

These cards may offer different welcome bonuses, earning structures, or annual fees, so it's worth comparing them based on your specific needs.

Offers change frequently and may not be available to all applicants. Information is provided for research; verify terms on the issuer's site before applying. Chuuurning may not be compensated by issuers.

Bilt Obsidian Card — $200 bonus