What different scores mean
9+
Excellent
These cards offer the best ongoing earn rates and sign up offers, coupled with attractive annual fees and perks.
7+
Great
Reasonable rewards cards but may offer slightly lower ongoing or signup offers.
5+
Standard
These cards may offer lower ongoing and sign up points, but could also offer fewer perks or higher annual fees.
0+
Basic
Entry level rewards cards, that offer consumers basic sign up offers and ongoing earn rates.
Rewards score tiers - what you need to know
- 9+ Excellent - These cards offer the best ongoing earn rates and sign up offers, coupled with attractive annual fees and perks.
- 7+ Great - Reasonable rewards cards but may offer slightly lower ongoing or signup offers.
- 5+ Satisfactory - These cards may offer lower ongoing and sign up points, and fewer perks, but probably have lower annual fees.
- Less than 5 – Basic - Entry level rewards cards, that offer consumers basic sign up offers and ongoing earn rates.
The lowdown on how we score
We analyse 100+ rewards credit cards and look at 6 key features to create our Finder Scores.
Points from rewards programs are converted to a dollar value, by determining the number of points required to purchase a grocery store gift card, or a direct dollar value conversion, within the rewards program store.
A card will get a different Finder Score in each category, depending on which features are being assessed.
To qualify for the rewards score, credit cards must:
- Offer signup or ongoing rewards points affiliated to a rewards program.
- Be available to general consumers.
Our aim is to help your with financial decision-making, but please consider your own financial circumstances. While we may make money from commercial partnerships, they have no weight in our methodology. The database is scored objectively and reviewed by our editorial team. Remember that Finder Score is just one factor to consider. Look at other aspects like fees, features, benefits and risks to make sure a product is suitable for you. Double-check details that matter to you before applying or buying.
Rewards score weightings
| Feature | Definition | Assessment | Weight |
|---|---|---|---|
| Earn Rate | Points earned for every dollar spent on eligible purchases | Points awarded per dollar. Points are converted to a dollar value | 30% |
| Sign-Up Points | Bonus points earned for signing up and meeting spending requirements | Total bonus points offered. Points are converted to a dollar value | 30% |
| Purchase Rate | Interest rate on new purchases | Lower rates receive higher scores (up to 23.99% max) | 10% |
| Earn Rate cap | Maximum points earned in a billing cycle before a lower earn rate applies | Higher caps or no caps receive higher scores | 10% |
| First-Year Fee | Fee charged for the first year of card ownership | Lower fees receive higher scores ($0 fee scores highest) | 10% |
| Ongoing Annual Fee | Fee charged from the second year onwards | Lower fees receive higher scores ($0 fee scores highest) | 10% |
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