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Side-by-side

Bilt Obsidian vs Bank of America Premium Rewards

Both are travel travel cards. The Bilt Obsidian comes from Bilt / Cardless at $95/yr; the Bank of America Premium Rewards from Bank of America at $95/yr. Below: side-by-side specs, an opinionated verdict, and the FAQs people actually ask before applying.

Bottom line

These cards are close on the fundamentals (similar bonus value, similar fee). The right pick depends on which category you spend the most in and which transfer partners best fit your travel goals.

FeatureBilt ObsidianBank of America Premium Rewards
Annual fee$95$95
Sign-up bonus$200 Bilt CashNot advertised
Bonus value (est.)$200-
Min spend to unlock bonus$0 in 0 mo-
IssuerBilt / CardlessBank of America
Card categorytraveltravel
Best earning category (Dining_or_groceries)3x1x
Transfer partnersbiltNone
Headline benefits
  • $100 Bilt Travel hotel credit
  • Pick 3x dining OR groceries
  • $300 Bilt Dining partner credit
  • $120 Lyft credit (via Bilt Cash)
  • 2x travel + dining
  • $100 airline credit
  • Preferred Rewards boost
  • No foreign tx fees
Read the full review
Bilt Obsidian
$95/yr · $200 Bilt Cash
Read the full review
Bank of America Premium Rewards
$95/yr ·

Editorial take: Bilt Obsidian

The headline tier of Bilt 2.0, launched February 7, 2026 by Cardless after the Wells Fargo era ended. Strongest for renters who eat out (or buy groceries) and use Lyft. The $100 hotel credit pays back most of the AF if you stay 2+ nights anywhere on the Bilt Travel portal. Pair with the no-fee Blue if you want a no-AF anchor too.

Editorial take: Bank of America Premium Rewards

Only a standout if you're a BoA Preferred Rewards member, that boost can push earnings to 2.625x on everything, 3.5x on travel and dining. Without it, Venture and Sapphire both beat it.

Common questions

Which card has the bigger sign-up bonus, Bilt Obsidian or Bank of America Premium Rewards?
The Bilt Obsidian has a public bonus ($200 Bilt Cash, worth roughly $200), while the Bank of America Premium Rewards doesn't advertise one right now.
Is the Bilt Obsidian's $95 annual fee worth it compared to the Bank of America Premium Rewards?
At $95/yr, the Bilt Obsidian is in the mid-fee tier. Compare its specific perks (lounge access, travel credits, primary rental insurance) to the Bank of America Premium Rewards's, pick the one whose perks you'll actually use.
Can I have both the Bilt Obsidian and Bank of America Premium Rewards?
Yes, since they're from different issuers (Bilt / Cardless and Bank of America) the application rules don't conflict. Many points enthusiasts hold both, they pair well when one earns flexible bank points and the other earns a different currency.
Should I get the Bilt Obsidian or the Bank of America Premium Rewards first?
Get the one whose sign-up bonus you can hit comfortably without overspending. Bilt Obsidian: $0 spend in 0 months. Bank of America Premium Rewards: no published min spend. Pick the easier minimum spend if you're new to points; pick the larger bonus if you have planned big purchases coming up.

Card details on this page reflect the most recent data we've verified against the issuer's own site. Sign-up bonuses and fees can change at any time, confirm the current offer on the issuer's page before applying.