FOSTER CITY, Calif., Nov.
19, 2019 /PRNewswire/ -- CardRatings.com, a leader in
credit card ratings, today released new research that offers a
novel perspective on credit card selection and the preferences of
consumers. CardRatings.com's annual best credit cards report
traditionally focused on expert picks, but this year 1,500 credit
card users were polled on their opinions of 65 different cards.
That stable of 65 cards was determined by CardRatings' website
analytics on popular cards, while including the previous expert
picks from past surveys. For this year's report, wholly new data
emerged to shine a spotlight on which cards consumers really
prefer.
There are 19 categories for the new Best Credit Card of
2020 survey. Some consumer top picks include:
- Travel Rewards: American Express® Gold Card
- Flat-Rate Cash Back: Citi® Double Cash Card
- Best Card for Families: Blue Cash Preferred® Card from
American Express
- Best Student Card: Discover it® Student Cash Back
- No-Annual-Fee Small Business: American Express® Blue
Business Cash Card
- Balance Transfers: Discover it® Balance Transfer
- Best Airline Rewards Credit Card: AAdvantage® Platinum
Select® World Elite™ Mastercard®
- Best secured Credit Card: Discover it® Secured
"CardRatings' experts personally hold many of the cards that
make our best of lists each year," says Brooklyn Lowery,
CardRatings.com senior manager and site editor. "But we don't have
them all, so this year we decided to mix things up and poll actual
cardholders to get their views. That way we can offer a more
nuanced and personal perspective on which cards are the best so
that consumers can choose for themselves the credit cards that
ideally fit their lifestyle."
The survey asked respondents to rate cards on a scale of 1-10 as
they considered various aspects of using their card or interacting
with the issuing bank. The questions fell into five broad
topics:
- Satisfaction with the card's rewards/primary feature
- Customer service
- Website/mobile app ease of use
- Likelihood the cardholder will renew their card
- Likelihood the cardholder would recommend the card to a friend
or family member.
Respondents' scores were averaged, with extra weight given for
one very important question: "How likely are you to recommend this
card to a friend, coworker or family member?"
An overview of the research and methodology, along with all 19
categories for Best Card can be found here:
https://www.cardratings.com/cardratings-experts-surveyed-cardholders-pick-best-credit-cards.html
About CardRatings.com
CardRatings.com is owned and
operated by QuinStreet, Inc. (Nasdaq: QNST), a pioneer in
delivering online marketplace solutions to match searchers with
brands in digital media. QuinStreet is committed to providing
consumers and businesses with the information and tools they need
to research, find and select the products and brands that meet
their needs. Cardratings.com is a member of the company's expert
research and publishing division.
CardRatings.com innovated online credit card ratings and has
been offering independent ratings and reviews of credit card offers
since 1998. The website collects and maintains data on more than
700 credit card offers and carefully compiles objective lists of
the top credit cards by card type, making it easy for consumers to
find the right card to fit their needs.
Website: https://www.cardratings.com
Twitter: @CardRatings
Facebook: https://www.facebook.com/CardRatings
Media Contact
For CardRatings.com
Liberty Communications for QuinStreet
Rick Judge, 415-429-5652
QuinStreet@libertycomms.com
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SOURCE CardRatings.com