When reviewing a credit card application, underwriters like to see consistency. Candidates who have paid their bills month after month are likely to be rewarded with another card.
It seems that the PYMNTS provider ranking of credit card applications also likes consistency. In this month’s edition, eight of the top 10 ranked apps hold the same position as last time.
Only two apps have moved since last month, with one slipping two places in the rankings and the other joining the top 10 this month, jumping to eighth place.
Now, let’s dig into the numbers.
The Top 5
At the top of the list is Capital One Mobile. This app was here last month and comes back with a score of 100.
Holding second place in the leaderboard is another household name: Mobile Hunting held this position last time and is here again with a score of 93.
Following what looks like a trend is Bank of America Mobile Banking. This app is ranked third again – this time with a score of 91, two points higher than last month.
At #4 we have another returning appearance. Mobile Wells Fargo wins this place again with a score of 88.
The next step with a score of 81 is Discover Mobile. This place ensures the fifth position of the classification as the last time.
Yes, there is definitely a trend here. Making a return appearance at No. 6 is One Bank Mobile credit.
Reaching seventh place in the leaderboard, like last month, is American Express.
At #8, we have our first roster change from previous rankings. Credit card consolidation app Score joins the top 10 with a score of 55, having added six points since last time out.
Back in form, we have a comeback appearance in ninth position. Cards — Mobile Wallet wins this place again with a score of 54.
In the second and final movement of this month’s ranking, MySynchrony slipped two places and landed at No. 10.