In this blog post, I rank over 20 credit cards I've accumulated over the years based on their benefits, welcome offers, and personal usage. The ranking system ranges from S tier to trash tier, reflecting the value and utility of each card in my financial journey.
Over the past six or seven years, I have accumulated a diverse collection of credit cards, each offering unique benefits that have allowed me to take vacations I never thought possible. However, I've learned that not all credit cards are created equal. This year, I decided to revisit my previous rankings and update them based on my experiences and the changes in the credit card landscape.
To rank my credit cards, I will use three main criteria:
This was my first credit card, which I received after a $49 deposit for a $200 credit line. While it doesn't offer any welcome bonuses or multipliers, it holds sentimental value as my entry into the credit world. Therefore, I rank it in C tier.
Although it has saved me money during sales, it lacks a welcome offer and is not a card I use frequently. Thus, it lands in D tier.
Despite its initial appeal, the Quicksilver card has a low earning rate of 1.5% on all purchases and has not increased my credit limit significantly over the years. Therefore, it falls into the trash tier.
This card was a mistake from the start. It had a poor reputation and ultimately got canceled due to inactivity. It ranks in the trash tier.
The AMEX Green Card offers decent multipliers on transit and dining, but I didn't utilize its benefits fully. It ranks in B tier due to its potential value.
This card has no earning potential and is essentially a downgrade option. It ranks in D tier.
Once my favorite, the AMEX Gold Card has lost some value due to increased annual fees and the need to utilize credits to offset costs. It now sits in B tier.
The AMEX Platinum Card remains a top choice for travel benefits, including lounge access and various credits. It ranks in S tier for its comprehensive travel perks.
This no-annual-fee card offers a solid welcome bonus and has sentimental value for helping me pay for my engagement ring. It ranks in C tier.
With a high welcome offer and valuable multipliers for dining and groceries, the Sapphire Preferred has become more useful for me, landing it in B tier.
This card offers automatic gold status and valuable credits, making it a strong contender for frequent travelers. It ranks in A tier.
With a free first year and valuable travel perks, this card is easy to justify for anyone flying Delta. It ranks in A tier.
Due to recent scandals and issues with customer funds, the Yotta card has lost all credibility and ranks in the trash tier.
Despite some nerfs, the Build card remains valuable for renters and offers unique opportunities to earn points. It ranks in S tier.
The Curve card has been discontinued in the U.S., rendering it useless and placing it in the trash tier.
Both cards offer solid welcome bonuses and multipliers, making them valuable for everyday spending. They rank in B tier.
Due to frustrating verification processes, I decided against pursuing this card, placing it in the trash tier.
While it offers a decent welcome bonus, the annual fee makes it less appealing, landing it in D tier.
As an authorized user, I enjoy the benefits of this card without the annual fee, making it a top choice for travel perks. It ranks in S tier.
In conclusion, my credit card rankings reflect my evolving experiences and the changing landscape of credit card offerings. Each card has its strengths and weaknesses, and my rankings will continue to adapt as I explore new options and benefits. If you're considering credit cards, I hope this ranking helps you make informed decisions about what might be worth getting in 2023.
