I applied for the Bilt Palladium and got denied. My SO then applied and was approved. I wrote about this in my last blog post. The internet was filled with discourse about how Bilt 1.0 cardholders like myself were getting rejected for Bilt 2.0 cards. This makes sense since Bilt 1.0 cards were issued by Wells Fargo and 2.0 cards are issued by Cardless, two different companies with their own risk assessment criteria.
I tried calling for reconsideration but was told to reapply in 24 days. Eventually, Ankur Jain, the CEO of Bilt, sent out a mass email titled “A personal note about your Card 2.0 application,” which essentially said that they’ll reevaluate the application of impacted members:
It was flagged to me that some of our longtime Bilt Members, including a handful with 700+ credit scores, were either declined access to, or received a lower credit line than on 1.0 when applying for the new Bilt Card, and I understand you’ve been impacted.
I want to let you know that I’m personally digging into this and have been in touch with our financing partner about it. I have asked for a manual review of impacted Bilt Members applications to see if we can help get you the card you were expecting. As before, this will have no hard inquiry on your credit history.
While I can’t make any promises, I’ll do everything in my power to get this resolved for you.
I recently received an email titled “accept your Bilt card offer”, which said, “You’ve got an offer for the Bilt Palladium Card! It’s valid until Jan 30, 2026.” Going through the link provided in the email got me approved for the Bilt Paladium card.
Closing Thoughts
I had no intention of getting two Bilt Pladium card (each with a $495 annual fee), but at the very minimum, it should be worth it for the first year.
