Bilt Palladium Card rates and fees

On the record for Bilt Palladium Card rates and fees: a purchase APR of 26.74%–34.74%, a $495 annual fee and a 10% introductory rate, filed by Column. The purchase rate sits at roughly the 81st percentile of the 4,587 agreements indexed here.

On the face of the filing

What follows is drawn entirely from Column's CFPB filing for Bilt Palladium Card rates and fees. The filing runs three pages.

On the record here: a purchase rate, a cash advance rate, a balance transfer rate, an annual fee line and a late payment maximum. No figure appears for a penalty rate.

The promotional period

The introductory rate is 10%, held for 12 months. It is a discount rather than a holiday — interest still accrues, just more slowly than the go-to rate.

Among the 763 filings here that disclose an introductory rate, 10% sits at about the 93rd percentile.

Once the introductory period ends the rate becomes 34.74%, which turns a lingering $1,000 balance into approximately $415 of annual interest.

The purchase APR against the corpus

Purchases price between 26.74% and 34.74% under this filing. The 8-point gap between the two is material, and nothing in the agreement indicates where a given account would land.

Those two numbers occupy very different places in the corpus: roughly the 70th percentile at the bottom and the 81st at the top.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

This figure is the post-promotional rate. The introductory pricing is handled separately further down.

What a balance actually costs

Carry $1,000 on this card for a year without paying it down and the purchase rate alone generates roughly $415 in interest.

The median purchase rate across the corpus is 21.99%; the same balance there would cost about $246. The gap — roughly $169 a year on $1,000 — is the price of this particular filing over a typical one.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

What the card costs before you borrow

$495 a year is the disclosed annual fee, which ranks near the 99th percentile of the fees filed across this corpus.

Cash advances carry a cash advance fee of $5 or 5% of the advance, whichever is greater and a cash advance APR of 31.74%. Advances under roughly $100 are charged the flat $5; larger ones are charged 5%. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

The filing discloses a 26.74% balance transfer rate without an accompanying fee figure.

No foreign transaction fee is charged, which puts this filing in the roughly 22% of disclosing agreements here that do not take a cut of overseas spending.

Paying in full

Purchases carry a 21-day grace period: pay the statement in full inside it and the purchase rate never applies. With a corpus median of 25 days, this window is narrower than the norm.

The downside terms

On the fee side, a late payment can cost up to $41, which is around the 89th percentile here.

The issuer's other agreements

This is one of 10 Column agreements collected here. The issuer's own range is 33.49%–34.74%. At 34.74%, this agreement is dearer than 2 of its siblings.

The limits of this document

This page cannot tell you penalty pricing, because the filing's disclosure table as read does not contain it.

It is worth being explicit about scope: these filings record terms and pricing. They say nothing about rewards programmes, cardholder benefits, promotional offers or who the issuer will approve, and this review does not speculate about any of it.

Go to the source

This summary stands or falls on the linked PDF — three pages. Agreements are amended over time, and the filing reflects the terms as submitted rather than as they stand today.

In short

This is an expensive agreement by the standards of the corpus, driven by a 34.74% purchase rate that is inert for a transactor and punishing for a revolver. The $495 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.