Compare Credit Card Companies.

Compare Credit Card Companies.

There are many good credit card companies out there you rarely see someone get to the heart of the matter and break it down to the best credit cards and worst credit cards. Take a moment to read this overview. We hope it will help you make a decision when selecting your new credit card.

Best Credit Card Companies

American Express

Dating back 150 years ago, the American Express company originally forwarded freight and valuables across the country. Over time their business changed into a company that creates and sells financial products like money orders and travelers cheques. Following a time of international expansion, American Express has become best known for its charge cards. Today, American Express is a world wide payments and credit card company.

We believe American Express is the best credit card company in the world. American Express allows their card holders to obtain unlimited cash rewards and earn up to 5% cash back with the American Express Blue Card. American Express cards offer free rewards program and excellent rates. Cards include Blue, Gold, Green, Black, Reward cards, Delta SkyMiles, Hilton Platinum, Starwood Preferred, Business Credit Cards and many many more.

Chase

Chase, now JP Chase serves customers under the Chase brand. The consumer businesses include: personal banking, small business, home finance, auto finance, education finance, insurance, and credit cards.

We believe Chase is one best credit card companies, offering some of the most aggressive industry wide rates and excellent client services. Chase offers consumers a variety of credit cards. These offers include 0% intro rates and cash back. Also Chase’s reward credit card offer: gas rebates, air miles and much more. Cards include Chase Freedom, Chase Platinum, Chase Free Cash Rewards, Chase Flexible Rewards Card, Chase Value Miles Platinum, Disney Credit Card, Subaru Credit Card, Chase Travel Rewards Credit Cards, Chase Universal Entertainment Card, Chase Gas Rebate Card, Continental Airlines Credit Card by Chase and many, many more.

Worst Credit Card Companies

Aspire

Aspire Visa Credit Cards is owned and funded by Columbus Bank & Trust. Aspire credit cards are specifically for people with less than perfect or bad credit. If you have good credit, don’t apply for this credit card! There are several disadvantages that come with this credit card. These include:

- Monthly Fees. Aspire charges a monthly fee of $6.50
- Application Fee. Aspire charges a $29 application fee.
- Annual Fees. Aspire charges a high $150 annual fee.
- Low Card Limits. Often the card limit is started at only $300.
- High Interest Charges. Aspire almost always charges in excess of 19% and often in the 20%+ range.

MBNA America

MBNA Corporation was a bank and a wholly owned subsidiary MBNA America Bank, N.A., headquartered in Wilmington Delaware. In 2005 MBNA was acquired by Bank of America. MBNA has had a history of aggressive lending practices and a higher level of consumer complaints. Many complains have stemmed from MBNA’s risk based rate re-pricing. Meaning if they detect a clients credit score is declining they start aggressively raising the credit card rate. Also if a client is late on a payment in most cases MBNA would skyrocket that clients rate. MBNA also has been known to raise clients payments if they detect clients credit score is slipping even if their payment history with MBNA is perfect. Chances are good that as time goes on many of these practices will be cut down or cut out by Bank of America.