Credit Card News
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » News » Other » Three Credit Card Issuers Make the List of Most-Hated American Companies

Three Credit Card Issuers Make the List of Most-Hated American Companies

By
Add to Favorites:
Three Credit Card Issuers Make the List of Most-Hated American Companies

You can probably conjure up in your head visions of some of the beloved American companies spread out across the nation. But, what about the most hated companies in the country? Yes, it’s true that even companies have popularity contests. Harris Interactive just released the results of its U.S. Reputation Quotient (RQ) Survey. You may or may not be surprised by the companies which hit the bottom of the list.

Not Feeling the Love

Each year, Harris Interactive releases the results of a study revealing the popularity of corporations in America. This year, three credit card issuers were on the bottom of the list, which also means that these are the most hated or the least loved of the batch. The credit card companies on the list are as little loved as the oil companies – which means they are pretty much not feeling the love at all.

The three credit card companies that are bringing up the rear include:

Not one financial corporation made it into the top 10 on the list this year. Citigroup was one of the companies voted as not “being trusted to do the right thing,” and not having “high ethical standards.”

Ratings Scale

In order to put it in perspective, it is first important to understand what the companies were rated on in the first place. Six factors were taken into consideration in ranking the companies. The six factors include financial performance, products and services, workplace environment, vision and leadership, social responsibility and emotional appeal.

This is the 12th consecutive year that Harris Interactive has conducted the study and released the results. The survey consists of 30,000 American consumers that Harris Interactive polls using an online survey format. The survey is divided into two parts. The first part asks the respondents to name the 60 most visible companies in the country. After the list is created, the respondents are then asked to rate the companies on the six factors.

It’s reasonable to surmise that the unpopularity of credit card companies can be attributed in large part to the “social responsibility” factor. Card companies routinely raised interest rates and penalty fees on its customers during the financial crisis and made it even more difficult for families where a breadwinner had lost his/her job. Perhaps over the next few years, ratings will rise as credit card companies have recently moved to offer better rewards programs and terms for credit card holders.

Add to Favorites:

Related News:

Citi Card Tracker Unveiled

By Dar Dowling, Posted: December 8, 2016

There is a new feature in town now that Citi credit cardholders in the U.S. can track where their replacement card is every step of the way as it travels to their mailbox. This new feature is available in the Citi Mobile App, whether the ... Continue reading
New Digital Wallet From SDCCU

By Dar Dowling, Posted: December 7, 2016

The San Diego County Credit Union (SDCCU) is rolling out their brand new digital wallet app for iPhone users. With the app people can use their phone to safely do their banking, whether that means using their phones to expedite cash ... Continue reading
Free Pizza on Papa John’s & VISA

By Dar Dowling, Posted: December 6, 2016

Eating pizza while watching a football game is a time-honored American tradition, so it’s not surprising that VISA, has teamed up with Papa John’s to give fans a little more this season. If fans use Visa Checkout they can take advantage of ... Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Get 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 12.24%-22.24% based upon your creditworthiness.
For Excellent/Good Credit
Earn 1% cash back on gas and grocery purchases. Terms apply.
For Fair Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit