I have written posts ranking each financial institution, but I thought it would be fun to write a post listing the top credit card of each financial institution. I have listed the credit cards based on the most recent financial institution rankings….
A few changes to the credit card industry, as well as a new addition warrants an update to this list. Below is the explanation of each grouping:
You may have already been reading my top credit card company rankings that I post every few months. The next one is coming out tomorrow. However, I did want to isolate 5 specific companies that I strongly believe that they have the potential to take their business model to the next level. I say this, because they have an opportunity to take over a larger market share because of what they have already established.
A reader asked me last time, what the purpose was of this ranking. Basically, you do what you want with the list, take it for what it is. As a consumer, this list can give you an idea on where to shift your business. For example, if you want to see some of the smaller companies survive and thrive, you will know where to move your business.
It has been a few months since I last updated this list. The reason is because there was no significant shift in the industry until now.
I decided to change up my classifications a little bit. I’ve split up the credit card companies into 4 groupings:
I will be looking to update this list every time I see some significant movement in the industry. This is the third time that this is being updated (February and March).
I did not think that I was going to be updating this post so quickly, but enough has changed from last month that it warrants an update. Every time there are some significant movements in the credit card industry, I plan on updating the rankings of this post. You will notice that under every credit card companies’ explanation for its ranking, I will be listing some of its top credit cards to choose from.
This is not going to be an easy post to write, but I did want to try to pin each financial institution against each other to see how they fair. This is going to be a very subjective post where I am going to rank each each company based on their overall credit card portfolio. I am also going to list out some of the top credit cards offered by each institution.
HSBC is offering a targeted double the rewards promotion between August 1, 2015 to September 30, 2015. Targeted means that you would need to have received mail with a promotional code. You need to register your HSBC Premier MasterCard and provide promotional code provided in your letter.
The HSBC Advance MasterCard is offering a welcome bonus offer of 15,000 points if you apply before August 31, 2015. HSBC has an Advance Rewards Program where you can select whether you want to use those points as points or use them…