We are really looking to break down the credit card space and distill the information to a usable form for the consumer.
Seattle, WA (PRWEB) July 02, 2014
The Simple Dollar, a top 10 personal finance website, has released a full report on the best rewards credit cards as part of a multi-segment study on the credit cards marketplace. Starting with nearly 1,700 cards, The Simple Dollar team systematically created a ratings system for each card in their Credit Cards Directory. Through this process, top cards in each category, such as rewards, airline, travel, cash back and others, were revealed.
The Simple Dollar team embarked on a deep qualitative analysis of each rewards card, highlighting the best way to use each card and the type of person each card is good for. As Mike Jelinek, the Business Manager of The Simple Dollar and writer of the piece put it, “Recognizing that everyone’s situation is different, we really aimed to help the consumer have confidence that they found the type of card that best fits their unique lifestyle by calling out what really matters. This is in stark contrast to other online tools that simply list marketing bullets for each card and leave out the important analysis.”
The full analysis of rewards credit cards is available to view all of the top picks. As for future plans, Jelinek says more reports are being released in each card segment. “We are really looking to break down the credit card space and distill the information to a usable form for the consumer. Doing this for different types of credit cards helps consumers use credit responsibly and find the right card to get paid back for the purchases they make.”
The Simple Dollar is a personal finance website started by Trent Hamm as a blog about getting himself out of debt. Today, the website gets around one million visitors per month and is respected as one of the top personal finance sites on the Internet. It is ranked as a top-ten personal finance blog on Kiplinger, has a top-20 ranking on Technorati for all business/finance blogs, and is listed as a top website to help manage your finances by the Chicago Tribune. The Simple Dollar has been featured in some of the world’s largest publications, such as Inc., Forbes, The Guardian, Huffington Post, and MSN Money.