HOW IS THE CREDIT CARD VALUE INDEX CALCULATED?
Coming up with a non-subjective, fully quantitative ranking of all cards is no easy task. The Index includes hundreds of data points, with values assigned to fees, acquisition offers, rewards, and benefits. The result is a comprehensive tool with unmatched insights into the credit card industry's competitive landscape.
Using average spending data for American households over a set period of time, values are calculated and weighted. Weight is determined by the value of rewards, the potential cost to cardholders, and the relative importance of benefits. Assumptions and exceptions are made when necessary, as no two cards are exactly alike.
HOW DOES IT DIFFER FROM OTHER CARD COMPARISONS?
The Credit Card Value Index is not only a comparison of over 250 credit cards, but a tool for evaluating the value of cards. The experts at Panoramic Research created an innovative methodology by leveraging more than two decades of experience in financial services research.
HOW DO ALL MAJOR CREDIT CARDS STACK UP?
The Credit Card Value Index is a quantitative database ranking more than 250 major credit cards currently available in the U.S. The Index is updated each month based on the latest data.