Credit Card Reviews Consumer Reports


The credit card market is a competitive one, and you need to do everything you can to stand out from the pack. One way to do this is by providing quality reviews of credit cards for consumers to read. Consumer Reports is one of the most well-known sources for these types of reviews, and they’ve recently added a new feature to their website that allows you to submit your own credit card reviews. This is a great opportunity to give your customers valuable information about which cards are the best for them and help them make informed decisions about their finances.

What is Consumer Reports’ methodology for rating credit cards?

Consumer Reports reviews credit cards using a methodology that takes into account both the card’s features and its rates. The magazine looks for cards with low interest rates, good coverage of fees and charges, and protections such as caps on charges. Cards with high interest rates or poor coverage of fees and charges may not be recommended.

Which credit cards are rated in the report?

Consumer Reports rates the following credit cards as “A”: Chase Sapphire Reserve, Citi Prestige, and AmEx Platinum.

Chase Sapphire Reserve: This card earns 2x points on all travel purchases and 1x point on all other purchases, which makes it a great choice for luxury travel. The $450 annual fee is reasonable compared to some of the other options on the market.

Citi Prestige: This card offers a range of benefits, such as a $250 Annual Air Travel Credit and complimentary access to airline lounges worldwide. The $450 annual fee is high compared to some other cards on the market, but it may be worth it for those that value premium features.

AmEx Platinum: This card has an annual fee of $550, but it offers some great benefits like 50% bonus points when you spend $4,000 in your first three months and a no-fee foreign transaction fee. Those that value travel perks may find the AmEx Platinum to be a good option.

How do Consumer Reports’ ratings relate to our own ratings?

When it comes to credit cards, Consumer Reports is a well-respected authority. The magazine rates different types of cards on a scale of Excellent, Good, Fair and Poor. This information can be helpful when deciding which card to get. For example, if you’re thinking about getting a low-interest card, it might be worth considering one that’s rated good or better by Consumer Reports. However, don’t just go by the ratings alone – always compare the rates and fees of different cards before making a decision.

What factors does Consumer Reports consider when rating a credit card?

Consumer Reports rates cards based on factors such as interest rates, fees, coverage of major credit card companies and features. The magazine also looks at the history of a card issuer and reviews customer service ratings.

Are there any hidden fees on the cards that were reviewed?

According to the Consumer Reports review of nine credit cards, there are no hidden fees on any of the cards. The only fees that may be incurred are annual membership fees for some of the cards and foreign transaction fees.

What are the best and worst credit cards for 2018?

Best Credit Cards for 2018

The following cards were evaluated and ranked as the best for 2018.

1. Chase Sapphire Reserve®: This card offers great benefits, such as a $450 annual travel credit and 60,000 bonus points after you spend $4,000 in the first three months. Plus, you can get an additional 5,000 points if you add an authorized user.

2. American Express® Gold Card: This card has excellent rewards potential, including 2X Membership Rewards points on all American Express purchases and 50% bonuspoints on dining at restaurants. It also comes with a $200 annual travel credit and no foreign transaction fees.

3. Citi® Platinum Select™ Visa® Card: This card has excellent rewards potential, including 3X Membership Rewards points on all Citi purchases and 25% bonuspoints on airfare purchased directly through Citi (excluding taxes and fees). It also comes with a $100 annual travel credit and no foreign transaction fees.

4. JCB International Platinum Credit Card: This card offers great benefits for travelers, including 50% bonus points on all travel expenses (including car rental) and 1 million bonus miles after spending $5,000 in total within the first year of account opening. You can also earn 10X miles for every dollar spent on hotels booked through jcb recharges (up to a maximum of 60,000 miles per year).

5. Capital One® Quicksilver® Cash Rewards Credit Card: This card offers great rewards potential, including 1.5X points on all purchases and a $200 cash bonus after spending $1,000 in the first three months. You can also earn unlimited 2X miles on all other spending.

6. Discover IT® Cashback – no annual fee: This card offers great rewards potential, including 2% cash back on all purchases and a 50% bonus on the first $1,500 spent in each year. You can also earn double miles on all dining and shopping purchases.


If you’re looking for a credit card that can help you manage your spending, Consumer Reports has some great reviews to consider. Their top picks are the Capital One Quicksilver and Chase Sapphire Reserve cards, both of which come with great rewards programs and low interest rates. If you’re not sure whether a card is right for you, read through their reviews and find the card that best meets your needs.