Methodology for rating credit cards
With so many credit cards on the market, it can be overwhelming to search for a new one. Because of that, we’ve created a ranking system to help you compare credit cards and see which ones shine.
Our editors objectively compare cards and rank them on several benefits and features to give you an overall rating of how useful each card might be.
We rate credit cards using a system of one to five stars.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
How we rank credit cards
We compare each card to other cards of its type — travel, cash back, business and so on — and rank them on distinct factors that are most important to that card type.
Travel credit cards
We compare travel credit cards based on their rewards rates — or how much you can earn — along with the flexibility of where you can redeem your rewards. We also consider the signup bonus for each card, weighing the bonus amount against the spending required to get it. We factor in fees and APRs, heavily considering annual fees. Of course, we also look at the travel perks and features each card offers.
When ranking cashback cards, we look at each card’s rewards rate and how useful each bonus category might be to the average cardholder. We also compare fees and APRs. Finally, we rank the signup bonus of each card.
We look at each card’s rewards rate, as well as how useful bonus categories might be for the average cardholder. We consider signup bonuses, looking at both the bonus amount and the spending required to earn it. We also compare APRs and fees.
Balance transfer cards
The most important aspects of a quality balance transfer card are the length of the balance transfer intro period and the cost of any balance transfer fees. We compare these factors, as well as the APRs and fees of each card.
Credit-building cards and secured cards
To compare cards for building credit, we consider the required minimum deposit and APRs. We factor in fees, focusing on annual fees. And we look at credit-building features, like whether the card allows for credit limit increases or upgrades to unsecured cards with responsible spending.
We rank business card on characteristics that tend to be important to business owners. Specifically, we rank each card’s rewards rate and bonus categories. We look at fees, with a focus on annual fees, and we focus on intro APR offers for purchases and balance transfers. We also consider the perks of each card.
When considering cards designed for students, we rank each card’s rewards and APRs. We analyze and compare features, such as access to a higher credit line or stronger rewards for good grades. We also look at fees — most important, the annual fee.
More guides on Finder
Buy now and pay later with the new Affirm debit card
This new debit card will let you pay for purchases over time when it debuts later this year.
If you’re looking for a broker comparable to Vanguard, check out these five contenders.
Best business tax software for 2021
Compare the best small business tax software if you’re self-employed, a freelancer, a partner and more.
Petal® 1 "No Annual Fee" Visa® Credit Card vs. Petal® 2 "Cash Back, No Fees" Visa® Credit Card
Two great cards for building your credit score.
Investing in your 30s: 8 wealth-building tips
Prepare to revamp your asset allocation and explore new investment classes.
Best and worst states for women in the US
How states compare on employment, earnings, poverty, education, health and wellbeing.
Should you sell on Poshmark or Tradesy?
Compare pros and cons of selling on Poshmark vs. Tradesy to help you get the most for your secondhand clothing, shoes and accessories.
Sephora Credit Card review
Sephora regulars get to earn rewards on their purchases.
Capital One savings account interest rates for 2021
See how much interest you could earn with a savings account from Capital One.