First Electronic Bank

Bilt Obsidian Card

$95/year, earning Bilt Points, on the Mastercard network.

Card terms last verified against issuer pages on 2026-09-20.

At a glance

The Bilt Obsidian Card is a $95/year card from First Electronic Bank earning Bilt Points. It earns 3x on dining, 3x on grocery, 2x on travel and 1x on everything else. It carries 2 recurring statement credits worth $300 a year, listed in full below with the cap and reset date for each.

Annual fee$95

Credits a year$300

Base rate1x

Foreign feeNone

Welcome bonus

$200 Bilt Cash credited upon card approval — Apply and get approved.
Welcome offers change frequently and are often targeted. Confirm the current offer on the issuer's own application page before applying.

What it earns

Rates are the multipliers First Electronic Bank advertises. We do not convert them into a percentage return, because that requires putting a price on Bilt Points and that price is a judgement, not a fact — see how we source this.

Category	Rate	Notes
Dining	3x
Grocery	3x
Travel	2x
Rent	1x	Everything else
Other	1x	Everything else

Statement credits

$300 a year across 2 credits against a $95 annual fee. The columns that matter are the cap and the reset date: a credit paid monthly cannot be saved up, and one that resets on the calendar year expires on 31 December no matter when you opened the card.

Resets on the calendar year, expiring 31 December

Resets on your cardmember year

Credit

Windows in a year

Each

A year

$200 Annual Bilt Cash Benefit $200 in Bilt Cash is automatically credited to your Bilt account upon card approval. In subsequent years, the $200 Bilt Cash benefit is credited on January 1st of each calendar year. Bilt Cash balances over $100 expire at year-end. Bilt Cash can be redeemed for dollar-for-dollar value toward fitness classes, hotel bookings, Home Delivery orders, Lyft rides, and more through the Bilt app.

Once a year, resets on the calendar year

$200

$100 Bilt Travel Hotel Credit $100 annual Bilt Travel Hotel credit distributed as two $50 semi-annual credits. Apply toward eligible hotel bookings made through the Bilt Travel Portal. Bookings must be for a minimum 2-night stay to qualify for the credit.

Twice a year, resets on the cardmember year

$50

$100

Protections and insurance

Coverage terms below are summaries. Insurance benefits are governed by a separate guide to benefits document from the issuer, and the exclusions in that document are what actually decide a claim.

Cell Phone Protection — Cellular Wireless Telephone Protection covers damage or theft of your cell phone up to $600 per claim with a $25 deductible, up to 2 claims per 12-month period. You must pay your monthly wireless bill with the Bilt Obsidian Card to be eligible. Covers the primary cardholder and any family members on the same wireless plan.
Purchase Assurance — Purchase Assurance covers items purchased with your Bilt Obsidian Card that are damaged or stolen within 90 days of purchase, up to $1,000 per claim and $50,000 per cardholder account in a 12-month period. File claims at mycardbenefits.com or by calling 1-800-Mastercard within 60 days of the loss.
Trip Cancellation/Interruption Insurance — Trip Cancellation/Interruption Insurance reimburses you for non-refundable trip expenses if your trip is canceled or interrupted due to a covered reason (illness, severe weather, etc.). Coverage up to $2,000 per covered trip and $5,000 per account in a 12-month period. The entire trip must be paid with the Bilt Obsidian Card.
Lost/Damaged Luggage Insurance — Lost or Damaged Luggage Insurance covers up to $1,500 per incident to repair or replace damaged or lost checked or carry-on luggage when traveling on a common carrier (airline, train, etc.) and the ticket was purchased with the Bilt Obsidian Card. Up to 2 claims allowed in a 12-month period.
Trip Delay Reimbursement — Trip Delay Reimbursement provides up to $300 per trip for essential expenses (meals, lodging, toiletries) if your trip is delayed more than 6 hours while traveling to your destination or returning home. One claim per 12-month period. The trip must be purchased with the Bilt Obsidian Card.
Price Drop Protection — Price Drop Protection monitors prices for eligible items purchased with your Bilt Obsidian Card and provides a refund of the price difference if the price drops within a specified period after purchase.
Extended Warranty — Extended Warranty doubles the original manufacturer's warranty for eligible items purchased with the Bilt Obsidian Card, for warranties of 24 months or less. Coverage up to $10,000 per claim. Does not apply to commercial or professional use items.
MasterRental Coverage — MasterRental Coverage provides secondary auto rental collision/loss damage coverage when you rent a vehicle for 31 consecutive days or less and pay with your Bilt Obsidian Card. You must decline the rental company's optional collision damage waiver. Coverage is secondary to your personal auto insurance.

Questions people ask about the Bilt Obsidian Card

What is the annual fee on the Bilt Obsidian Card?

The Bilt Obsidian Card has a $95 annual fee.

What statement credits does the Bilt Obsidian Card include?

It carries 2 recurring statement credits worth $300 a year in total: $200 Annual Bilt Cash Benefit ($200, resets on the calendar year); $100 Bilt Travel Hotel Credit ($50 twice a year, resets on the cardmember year). Verified 2026-09-20.

What does the Bilt Obsidian Card earn?

3x on dining, 3x on grocery, 2x on travel, 1x on rent, and 1x on everything else, in Bilt Points.

Is the Bilt Obsidian Card worth the annual fee?

Its recurring statement credits total $300 a year against a $95 fee, so the card pays for itself on credits alone if you use 32% of them. Whether that holds depends on whether the specific merchants suit you — the credit table on this page lists each one.

Does the Bilt Obsidian Card charge foreign transaction fees?

No — the Bilt Obsidian Card has no foreign transaction fee.

Other First Electronic Bank cards

Bilt Blue Card

First Electronic Bank, no annual fee, Bilt Points

1x everything else

3 listed benefits

Bilt Palladium Card

First Electronic Bank, $495/year, Bilt Points

2x everything else

$720

a year across 3 credits

All First Electronic Bank cards

Verify before you apply. Card terms change without much notice, and issuers vary offers by applicant. Everything on this page was last checked on 2026-09-20 against our card database. The issuer's own terms page is the authority.