NerdWallet Announces Winners of its 2024 Best-Of Awards

January 08, 2024 at 07:30 AM EST

Annual awards help consumers make the smartest financial decisions in the year ahead

NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial guidance to consumers and small and mid-sized businesses (SMBs), today announced the winners of its 2024 Best-Of Awards.

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Photo: NerdWallet

Each year, NerdWallet conducts a rigorous and in-depth evaluation process to recognize the best financial products on the market to help consumers make the smartest financial decisions. This year’s awards feature top picks across Credit Cards, Personal Loans, Banking, Investing, Mortgages, Insurance, and Travel Rewards.

“When consumers see the NerdWallet Best-Of Awards badge on a financial product, they can feel confident that they’re picking one of the best offerings on the market to meet their needs,” said Kevin Yuann, Chief Business Officer at NerdWallet. “Our list of winners has everything consumers need to help them make this one of their smartest financial years yet.”

A team of trusted Nerds—composed of seasoned journalists and subject-matter experts—used a comprehensive scoring formula to objectively evaluate over 1,000 financial products and choose winners that deliver the most value to consumers. They spent hundreds of hours digging into the terms and fine print, assessing rates, and scouring rewards to determine this year’s winners.

“Our rigorous and objective evaluation process for picking these financial products truly makes this list one-of-a-kind,” said Hanah Cho, Vice President of Content at NerdWallet. “Only products that meet our editorial team’s data-based methodologies are featured, because we always have consumers’ best interests in mind.”

To see all of NerdWallet’s 2024 Best-Of Awards winners and to meet some of the Nerds behind the list, click here.

NerdWallet’s Best Credit Cards Winners for 2024:

Best Credit Card for Simple Cash Back: Wells Fargo Active Cash® Card
Best Credit Card for Bonus Cash Back: Chase Freedom Flex℠
Best All-Purpose Travel Rewards Credit Card: Chase Sapphire Preferred® Card
Best Premium Travel Credit Card: Chase Sapphire Reserve®
Best Travel Credit Card with No Annual Fee: Bilt World Elite Mastercard® Credit Card
Best Airline Credit Card: United℠ Explorer Card
Best Hotel Credit Card: World of Hyatt Credit Card
Best Credit Card for College Students: Discover it® Student Chrome
Best Credit Card for Building Credit: Discover it® Secured Credit Card
Best Small-Business Credit Card: The American Express Blue Business Cash™ Card.
Best Credit Card for Dining: U.S. Bank Altitude® Go Visa Signature® Card
Best Credit Card for Groceries: Blue Cash Preferred® Card from American Express
Best Credit Card for Entertainment: Capital One SavorOne Cash Rewards Credit Card
Best Credit Card for Gas: Citi Custom Cash® Card
Best Balance Transfer Credit Card: Citi Simplicity® Card
Best 0% APR Credit Card for Purchases: U.S. Bank Cash+® Visa Signature® Card

NerdWallet’s Best Personal Loans Winners for 2024:

Best Personal Loan Overall: SoFi
Best Personal Loan for Excellent Credit: Discover
Best Personal Loan for Good Credit: Best Egg
Best Personal Loan for Fair Credit: Upstart
Best Personal Loan for Bad Credit: Upgrade
Best Personal Loan for Debt Consolidation: Upgrade
Best Personal Loan for Home Improvement: LightStream

NerdWallet’s Best Banking Winners for 2024:

Best Bank: Ally Bank
Best Credit Union: Alliant Credit Union
Best Checking Account Overall: SoFi Checking and Savings
Best Checking Account for Overdraft Fee Avoidance: SoFi Checking and Savings
Best Account for a Sign-Up Bonus: Chase Total Checking®
Best Savings Account: UFB Direct
Best Money Market Account: Vio Bank Cornerstone Money Market Savings Account
Best Bank or Credit Union for CDs: Ally Bank CDs
Best Online Banking Experience: Discover Bank
Best Bank or Credit Union for ATM Access: Charles Schwab Bank
Best Bank or Credit Union for Branch Access: Chase

NerdWallet’s Best Investing Winners for 2024:

Best Online Broker for Advanced Traders: Interactive Brokers
Best Online Broker for Beginning Investors: Fidelity
Best Online Broker for IRA Investors: Fidelity
Best Robo-Advisor for IRA Investors: Schwab Intelligent Portfolios®
Best Robo-Advisor for Low-Cost Investing: Vanguard Digital Advisor
Best Robo-Advisor for Portfolio Options: Wealthfront
Best Online Financial Advisor: Zoe Financial
Best App for Investing: Fidelity
Best Online Broker for Bond Investors: Fidelity

NerdWallet’s Best Mortgages Winners for 2024:

Best Mortgage Lender Overall: Flagstar Bank
Best Mortgage Lender for First-Time Home Buyers: PNC Bank
Best Mortgage Lender for Refinancing: Rocket Mortgage
Best Mortgage Lender for Cash-Out Refinancing: PNC Bank
Best Mortgage Lender for FHA Loans: PNC Bank
Best Mortgage Lender for VA Loans: NBKC Bank
Best Mortgage Lender for Jumbo Loans: PNC Bank
Best Mortgage Lender for Home Equity Lines of Credit: PNC Bank
Best Mortgage Lender for Home Equity Loans: Network Capital

NerdWallet’s Best Insurance Winners for 2024:

Best Budget-Friendly Auto Insurance: Auto-Owners
Best Budget-Friendly Homeowners Insurance: Travelers
Best Same-Day Term Life Insurance: Lemonade

NerdWallet’s Best Travel Rewards Winners for 2024:

Best Airline: Alaska Airlines
Best Airline Rewards Program: Alaska Airlines Mileage Plan
Best Hotel Brand: Choice Hotels
Best Hotel Rewards Program: World of Hyatt

About NerdWallet

NerdWallet (Nasdaq: NRDS) is on a mission to provide clarity for all of life’s financial decisions. As a personal finance website and app, NerdWallet provides consumers with trustworthy and knowledgeable financial information so they can make smart money moves. From finding the best credit card to buying a house, NerdWallet is there to help consumers make financial decisions with confidence. Consumers have free access to our expert content and comparison shopping marketplaces, plus a data-driven app, which helps them stay on top of their finances and save time and money, giving them the freedom to do more. NerdWallet is available for consumers in the U.S., United Kingdom, Canada and Australia.

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Contacts

Sarah Borland

press@nerdwallet.com