is atmos summit new king of bilt 2.0 for HCOL?

reposted from r/biltrewards as well. wanted the non bilt ppl to give input here as well.

with all the fuss about the bilt cash and needing to generate spend on the card; i'm surprised more ppl ESPECIALLY west coast HCOL folks are not all in on the atmos summit card.

3.3x atmos points on up to 50k. lets assume 4k monthly rent and $500 in food and $500 monthly non category spend.

Summit:
you would net 162k base 3x points for rent/dining

6k points on the 1k spending

~7200 from BofA 10% boost (edited for the 3.1 correction)

125k from hitting the 60k spend bonus.

you will also hit gold status status with alaskan equal to sapphire oneworld.

that is 309,000 points on 60k spend; or over 5x per point earned on just rent and $1k monthly spend.

OMG THE FEEEEEEEEEE. yes you will pay 3% in 48k, yes this is $1440 in cost. if this makes you wince this post isn't directed at you.

Bilt 2.0 :

if you have the $495 bilt 2.0 card; even if i spend 3k monthly; i'm:

netting 10k points between 1x on rent and 2x on the 3k spend.

so for $2k less per month spending; i'm getting ~200k more in points for $1440 in fees that i can make up spending that 2k for SUB's and other cards. not even factoring in the $495 fee here.

we all know how much 200k in points can get is flying biz internationally.

the point of this post is to show HCOL individuals who don't spend 75% of their rent there is better options even with the fee.

edit: i have 3 mortgages totaling $7200 a month and utility/insurance bills over $1200 before daily spend. however my daily spend is between 1500-3000 a month for food/groceries and daily stuff. i would be nowhere close to the 5500-6000 a month bilt would require.