Since no one has replied yet, I'll take an educated guess and say that it's fine. I used granular time-release fertilizer on all of my houseplants, including palms. The bamboo palm is a fairly easy to take care of, so I don't think you have anything to worry about. When it comes to palms, I like to make sure the fertilizer I use has magnesium in it, since some species are very hungry for it!

Hi
though i grow most of my plants in pots mainly because
my soil is so poor they are outdoors exposed to the elements and I seldom fertilize particularly palms but do use slow release on all flowering plants
how do you use it on aquarium plants?? in my ponds I use fruit tree fert., in tanks I use flourish excel though on the Lace plants I use boiled peat only . Afraid of algae .
gary