They talk to the banks and other financial institutions to get their side of the story. Nerdwallet analysts become subject matter experts through their experience rating banking accounts, credit cards, mortgages or online brokers. The explanations are clear so consumers can choose the offer that is most attractive to their spending patterns. Nerdwallet explains the cards’ incentive programs which can range from generous travel rewards to cash back to no-fee cards.
Here's a list of our partners."Īs you can see, the site covers a large number of competing providers, especially in credit cards.
This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. Making that very clear has brought a lot of share to those products.”Īs it explains on the site under Advertiser Disclosure “Our partners compensate us. I have noticed over time that no matter what financial products you look at - from term life insurance to cash-back credit cards - there often are two, three or four that are top of the market offerings out there. We are getting a lot more coverage to the two or three best players in every industry in term of product features, and that is ultimately a good thing. On the financial industry side, we are having an effect too. Things that seemed opaque are much easier now. “Our missions is to bring clarity to all of life’s financial decisions. For individuals, Chen said, Nerdwallet and other comparison sites have made financial products shoppable.
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