ROYAL OAK–The personal finance website investor.com announced the launch of its next-generation credit card calculator for calculating cashback rewards. The cashback calculator is the first of its kind, taking into account annual fees, bonus rates, rewards caps — and, most importantly, users’ actual monthly spending — to provide Americans with a true apples-to-apples comparison of their cashback credit card options.
Blain Reinkensmeyer, head of product at Reink Media Group, the company behind investor.com, said, “When Americans search Google for a credit card today, they’re flooded with pay-to-play offers that don’t tell the real story. The reality is that when their actual spending across popular rewards categories—like groceries, dining, gas—is taken into account, the best card for them is frequently not the card recommended as the top pick.”
Development began by identifying the best, most user-friendly credit card features and perks. Data was gathered on each card, then brought to life as a high-functioning online calculator. The investor.com team has gathered cashback rewards data for dozens of the most popular cards in America for both personal and small-business use.
The new calculator can be found on investor.com’s Credit Card Rewards Calculator page and the Business Credit Card Rewards Calculator page, as well as on the site’s two main credit card guides, Best Cashback Credit Cards and Best Business Cashback Credit Cards. The calculator can also be found on all credit card review pages.
Reink Media Group LLC is a privately held Michigan-based company founded in February 2009, with a mission to provide financial education and advice that puts people first before profits. RMG properties include: investor.com, StockBrokers.com, UK.StockBrokers.com, ForexBrokers.com, StockTrader.com, and BrokerNotes.co.