New Card Impact Calculator
Compare the true cost and benefits of new credit cards. Calculate annual fees, rewards, welcome bonuses, and net value to find the best card for your spending.
Step 1: Card Details
Understanding Card Value
A card’s true value considers annual fees, rewards rates, and welcome bonuses. Higher fees may be justified by superior rewards and benefits that match your spending habits.
Step 2: Spending Details
Maximizing Card Benefits
To maximize card value, ensure your monthly spending meets any bonus requirements and aligns with the card’s reward categories. Consider both short-term bonuses and long-term rewards.
Card Impact Analysis Results
Net Annual Value After Fees
Credit Card Comparison
| Card Type | Annual Fee | Reward Rate | Welcome Bonus | Net Annual Value |
|---|
Value Over Time
Card Value Calculation Formula
Net Value = (Annual Spending × Reward Rate) + Welcome Bonus – Annual Fee
The net value calculation considers your annual rewards earned, any welcome bonuses, and subtracts the annual fee. This shows the true financial benefit of holding the card.
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