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General Information

Websitenerdwallet.com
Blognerdwallet.com/blog
Twitter@nerdwallet
CategoryConsumer Web
Phone650-216-2323
Email
Employees5
DescriptionCredit card search site

Offices

HQ
West Coast HQ

People

CEO and Founder
COO
VP of Marketing

Former People

Intern

Competitors

Tags

NerdWallet

NerdWallet aims to solve one problem, and do it right: there is simply no good, objective way to research credit cards online.

This problem has become more acute with new regulations sweeping the credit card industry. Many cardholders are left looking for new cards, but the online credit card search world is littered with affiliate sites, whose selection is limited to cards that pay the sites kickbacks, so a user is only ever offered incomplete or misleading information.

But with hundreds of banks and thousands of credit unions issuing cards in the US alone, how can a consumer expect to find the perfect card when given only 50 or so choices?

This is why NerdWallet.com offers more than 1,600 cards and a dead-simple interface, so that consumers have an easy way to find the right card for their needs. NerdWallet provides unbiased analyses of rewards programs and objectively ranks a user’s best credit card options, regardless of whether the cards pay referral fees.

In a user’s search results, cards are ranked based on financial merit to the user, rather than financial merit to the website owner. Out of the 1,600+ cards in the company’s database, less than 10% are sponsored, explaining why NerdWallet has so many more search results.

As a demonstration of the content’s depth, here are hypothetical search results for a user with excellent credit (current as of 3/2010):

  • Rewards

    • 38 card listings beat a 1% no-fee rewards card
    • 7 card listings offer a flat 2% rewards rate for all purchases
    • 8 card listings average above 2% due to generous bonus categories
  • Low Interest Rates

    • 50 card listings offer a minimum APR of less than 10%

With this depth, and with more content being added every day, NerdWallet seeks to become the number one online source for unbiased credit card information.

Milestones

  • Check
    NerdWallet added Anisha Sekar as VP of Marketing. (2/1/11)
    Posted 8/22/11 at 5:06pm
  • Check
    NerdWallet added Jacob Gibson as COO. (3/1/10)
    Posted 3/31/11 at 12:14pm
  • Check
    NerdWallet added Tim Chen as CEO and Founder. (8/1/09)
    Posted 3/24/10 at 5:29am
  • Check
    NerdWallet — With gas prices skyrocketing, every penny saved makes a difference. Just in time for summer travel, we’re launching our comprehensive gas price comparison tool to find the biggest savings in any area. (6/1/11)
    Posted 8/22/11 at 5:11pm via nerdwallet.com
  • Check
    NerdWallet — We are proud to officially launch our credit union credit card search tool today. This launch adds more than 1,200 credit cards to the 500+ bank-issued credit cards we already list, and allows users to find the most consumer-friendly card for their needs. (5/1/11)
    Posted 8/22/11 at 5:09pm via nerdwallet.com

Videos

Screenshots

NerdWallet screenshot
Above: Main Search Results
Uploaded: 3/24/10
NerdWallet screenshot
Above: Landing Page and Instructions
Uploaded: 3/24/10
NerdWallet screenshot
Above: Home page
Uploaded: 4/4/11

Sources

    NerdWallet launches search tool for credit union credit cards (nerdwallet.com) [edit]
    NerdWallet Launches New Gas Price Comparison Tool (nerdwallet.com) [edit]
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Last Edited 8/27/11

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