New to the world of Bilt cards? You might be eager to start earning valuable rewards or working towards a welcome bonus. But beyond the points and perks, these cards offer a layer of security for your purchases and travels – protections you’ll want to understand before your next adventure.
Unexpected travel disruptions and damaged goods are realities of modern life. Whether it’s a canceled flight, a lost bag, or a broken phone, having the right protections can significantly ease the burden. The Bilt Blue, Obsidian, and Palladium cards, all Mastercards, each provide a different level of coverage, tailored to their respective tiers.
All three Bilt cards offer Cellular Wireless Telephone Protection, a valuable benefit often missing from no-annual-fee cards. This protection can reimburse you for the cost to repair or replace a stolen or damaged smartphone, up to $800 per claim and $1,000 annually, minus a $50 deductible. It’s peace of mind in your pocket.
Purchase Assurance is another universally included benefit. If an item you bought with your Bilt card is damaged or stolen within 90 days, you could receive compensation up to $1,000 per loss, with a $50,000 account limit annually. Simply file a claim online or by phone within 60 days of the incident.
Car rentals can be fraught with potential issues. Bilt cards provide MasterRental Coverage, a secondary car rental insurance that kicks in after your primary insurance, helping to cover deductibles and other unexpected expenses. Remember to decline the rental company’s optional waiver to utilize this benefit.
The Bilt Obsidian and Palladium cards elevate the protection with Trip Cancellation and Interruption Protection. If your trip is derailed by unforeseen circumstances like illness, you could be reimbursed up to $2,000 per trip or $5,000 annually. Claims must be submitted within 60 days of the event.
Unexpected travel delays are frustrating, but the Obsidian and Palladium cards offer Trip Delay Reimbursement. If your journey is delayed more than six hours, you can claim up to $300 per trip to cover essential expenses. This benefit provides a financial cushion during stressful situations.
Extending the life of your purchases is another advantage of the Obsidian and Palladium cards. Their Extended Warranty policy doubles a manufacturer’s warranty of 24 months or less, providing coverage up to $10,000. It’s an added layer of protection for your valuable investments.
Lost or damaged luggage can ruin a trip. Thankfully, Obsidian and Palladium cardholders are eligible for up to $1,500 per incident to repair or replace lost or damaged checked or carry-on luggage, with two claims allowed per year. A lost item is defined as missing for 10 consecutive days.
The Palladium card offers exclusive Baggage Delay Insurance, reimbursing up to $250 for essential items if your checked baggage is delayed. This can help cover the cost of clothing and toiletries while you wait for your luggage to arrive. Two claims are permitted annually.
Found a better price on something you recently purchased? The Palladium card’s Price Drop Protection could get you a refund. If you find an item advertised for less within 90 days of your purchase, you can claim the difference, up to $250 per claim, with a minimum claim value of $25. Four claims are allowed annually.
Ultimately, each Bilt card provides a valuable suite of protections designed to safeguard your purchases and travels. The level of coverage scales with the card tier, with the Palladium offering the most comprehensive benefits, followed by the Obsidian, and then the Blue. Understanding these protections empowers you to travel and shop with greater confidence.
