Credit Card Review Methodology

Written by CreditCompare.ai
Last Updated: February 12, 2024

Our Review Process

At CreditCompare.ai, we believe in a comprehensive, data-driven approach to credit card reviews. Our methodology combines quantitative analysis with qualitative assessment to provide accurate, unbiased evaluations of credit cards.

Key Evaluation Criteria

Rewards Program (35%)

  • Earn rates and categories
  • Point/mile valuations
  • Redemption options and flexibility
  • Transfer partners and ratios

Fees and APR (25%)

  • Annual fee value proposition
  • Foreign transaction fees
  • Balance transfer fees
  • APR ranges and competitiveness

Welcome Bonus (15%)

  • Bonus value
  • Spending requirements
  • Time frame to earn
  • Historical bonus trends

Benefits and Features (15%)

  • Travel perks and protections
  • Purchase protection
  • Insurance coverage
  • Unique card features

User Experience (10%)

  • Customer service quality
  • Mobile app functionality
  • Online account management
  • User reviews and feedback

Data Sources

Our reviews incorporate data from multiple sources:

  • Official card issuer documentation
  • User reviews and experiences
  • Industry reports and analyses
  • Competitor comparisons
  • Historical card performance data

Rating System

We use a 5-star rating system with quarter-point increments. Our ratings are determined by:

  • Weighted scores across all evaluation criteria
  • Comparative analysis within card categories
  • Value proposition for target users
  • Overall market competitiveness

Review Updates

We maintain the accuracy of our reviews through:

  • Monthly review of card terms and benefits
  • Quarterly reassessment of ratings
  • Immediate updates for significant changes
  • Annual comprehensive review of methodology