SAN FRANCISCO, Jan. 9, 2017 /PRNewswire/ -- NerdWallet, the go-to personal finance resource, today announced the winners of its 2017 Best-of Awards Program for credit cards. In its second year, the NerdWallet Best-of Awards Program recognizes industry-leading options for consumers across a variety of financial products, including the best plastic options in such categories as cash back, travel and fair credit. As part of providing consumers with clear and objective recommendations for all their financial decisions, the Nerds evaluated dozens of credit cards to identify the best options of the year.
"The winners of NerdWallet's 2017 Best-of Awards Program are examples of great products designed specifically with today's consumer in mind," said Kevin Yuann, vice president and general manager of credit cards at NerdWallet. "With a constantly growing selection of available credit cards, consumers have more options than ever before, and it can be difficult to choose the best card for your needs. We provide unbiased information that focuses on the top credit cards in various categories, helping to make the selection process easier and maximize each consumer's potential returns."
The award-winning cards span a range of categories that represent the various spending habits of American consumers.
NerdWallet's Top 10 Credit Card Award Winners for 2017 are:
- Best Flat-Rate Travel Rewards - Capital One® Venture® Rewards Credit Card
- Best Bonus Travel Rewards - Chase Sapphire Preferred® Card
- Best for Flat-Rate Cash Back - Citi®Double Cash Card
- Best Bonus Category Cash Back - Chase Freedom®
- Best for Everyday Spending - Blue Cash Preferred® Card from American Express
- Best for Balance Transfers - Chase Slate®
- Longest 0% APR Period - Citi Simplicity® Card
- Best for Fair Credit - Capital One® QuicksilverOne® Cash Rewards Credit Card
- Best for Small Business - Capital One® Spark® Cash for Business
- Best for College Students - Discover it® for Students
While the cards selected represent the best offerings in their respective categories, NerdWallet knows that each consumer has a unique financial situation. Consumers can easily identify the best credit card option for their specific needs by using NerdWallet's free credit card comparison tool. Detailed NerdWallet reviews of each card can be found online.
NerdWallet's credit cards team selects cards in each category based on overall consumer value. Factors in our evaluation include fees, promotional and ongoing APRs, and sign-up bonuses; for rewards cards, we consider earning and redemption rates, redemption options and redemption difficulty. A card is eligible to win in multiple categories. Credit card issuers cannot purchase consideration or placement in the awards process.
NerdWallet offers consumers clarity for all of life's financial decisions. Whether it's regarding credit cards, insurance, loans or investing, people lack the clear, unbiased information they need to make the best choice. With NerdWallet, consumers have free access to user-friendly tools and advice that save time and money, and give them the freedom to do more. NerdWallet is based in San Francisco and employs more than 400 Nerds. NerdWallet was ranked 76 on the 2016 Technology Fast 500 Award List. For more information, visit nerdwallet.com.
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