WalletHub
{{short description|Personal finance company}}
{{use American English|date=August 2022}}
{{Use mdy dates|date=November 2023}}
{{Infobox company
| logo = WalletHub logo.png
| type = Private
| industry = Personal finance, Fintech
| founded = {{Start date and age|2013|8|5}}
| location_city = Miami
| location_country = U.S.
| num_employees = 110
| homepage = {{URL|www.wallethub.com}}
}}
WalletHub (formerly CardHub.com) is a personal finance company that launched in August 2013.{{cite web| last1=Jones| first1=Michelle|title=Personal Finance Social Network WalletHub Launches Today| url=http://www.valuewalk.com/2013/08/personal-finance-social-network-wallethub-launches-today/| publisher=ValueWalk| access-date=5 December 2015}}{{cite web| title=New Website Lists Consumer Reviews of Financial Advisors| url=http://www.thinkadvisor.com/2013/08/07/new-website-lists-consumer-reviews-of-financial-ad| website=ThinkAdvisor| access-date=5 December 2015}} It is based in Miami{{cite web |title=WalletHub |url=https://www.linkedin.com/company/wallethub/ |website=Linkedin |access-date=13 December 2022}} and owned by Evolution Finance, Inc.{{cite news| last1=Andriotis| first1=Annamaria| title=Credit-Card Comparison Sites Come Under Fire| url=https://www.wsj.com/articles/credit-card-comparison-sites-under-fire-1408732727| access-date=5 December 2015| newspaper=The Wall Street Journal| date=22 August 2014}}{{cite journal| last1=Jergler| first1=Don| title=Another Auto Insurance Report for California| url=http://www.insurancejournal.com/news/west/2014/04/08/325813.htm| journal=Insurance Journal| date=8 April 2014| access-date=28 February 2018}}
WalletHub offers free consumer tools,{{cite news| last1=Givan| first1=Alexandra| title=Online Calculator Lets You Estimate Savings by Teleworking| url=http://www.nbcwashington.com/news/local/Online-Teleworking-Calculator-Estimate-Savings--294077991.html| access-date=5 December 2015| journal=WRC-TV News| date=25 February 2015}}{{cite journal| last1=Gerstner| first1=Lisa| title=Save Big by Getting Rid of Your Cable TV| url=http://www.kiplinger.com/article/spending/T057-C000-S002-save-big-by-getting-rid-of-your-cable-tv.html| journal=Kiplinger's Personal Finance| access-date=28 February 2018}}{{cite news| last1=Fottrel| first1=Quinten| title=Why you should upgrade your iPhone every 3 years| url=http://www.marketwatch.com/story/why-you-should-upgrade-your-iphone-every-3-years-2015-09-23|access-date=5 December 2015| journal=MarketWatch| date=25 September 2015}} such as its WalletLiteracy Quiz{{cite news| last1=Bigda| first1=Carolyn| title=WalletHub quiz puts your money know-how to the test| url=http://www.chicagotribune.com/business/yourmoney/sc-cons-0430-started-20150427-column.html| access-date=5 December 2015| newspaper=Chicago Tribune| date=27 April 2015}}{{cite news| last1=Kennecke| first1=Angela| title=Finding Your Financial Literacy| url=http://www.keloland.com/newsdetail.cfm/finding-your-financial-literacy/?id=179037| access-date=5 December 2015| journal=KELO-TV News| date=23 April 2015}} and its Financial Fitness Tool, which provides users with credit reports, scores and monitoring.{{cite news| last1=Stark| first1=Michelle| title=Feeling uneasy about finances? WalletHub as a new tool that may help| url=http://whnt.com/2015/12/07/feeling-uneasy-about-finances-wallethub-as-a-new-tool-that-may-help/| access-date=8 December 2015| journal=WHNT-TV News| date=7 December 2015}}{{cite news| last1=Highfield| first1=David| title=New Financial Tool Could Help Manage Holiday Budgeting| url=http://pittsburgh.cbslocal.com/2015/12/03/new-financial-tool-could-help-manage-holiday-budgeting/|access-date=8 December 2015| journal=KDKA-TV News| date=3 December 2015}} WalletHub has tools for comparing credit cards, personal loans, car insurance and bank accounts.{{Cite web |title=The Best Personal Finance Software for 2023 |url=https://www.pcmag.com/picks/the-best-personal-finance-services |access-date=2023-06-09 |website=PCMAG |language=en}}{{Cite web |title=Fed's quarter-point rate hike may be its last for a while. How it affects you and stocks. |url=https://www.usatoday.com/story/money/personalfinance/2023/05/03/fed-rate-hike-stock-market/70170592007/ |access-date=2023-06-09 |website=USA TODAY |language=en-US}}
History
WalletHub initially positioned itself as a "personal finance social network" with a focus on reviews for financial advisors,{{cite news| last1=Skinner| first1=Liz| title=Yelp for advisers?| url=http://www.investmentnews.com/article/20130815/FREE/130819952/yelp-for-advisers| access-date=5 December 2015| newspaper= Investment News| date=15 August 2013}}{{cite journal| last1=Eisenberg| first1=Richard| title=Can Financial Planners Be Rated Like Yelp?| url=http://www.nextavenue.org/can-financial-planners-be-rated-yelp/| journal=Next Avenue| access-date=28 February 2018}} and later expanded to add financial management tools.{{Cite web |last=Rains |first=Taylor |title=A new report ranked US airlines worst to best using several metrics — see how they stacked up against one another |url=https://www.businessinsider.com/us-airlines-ranked-by-wallethub-2022-4 |access-date=2023-06-09 |website=Business Insider |language=en-US}}{{Cite web |date=2019-09-10 |title=Americans are piling on credit card debt, despite recession warnings |url=https://www.nbcnews.com/business/consumer/americans-are-piling-credit-card-debt-despite-recession-warnings-n1052041 |access-date=2023-06-09 |website=NBC News |language=en}}{{Cite web |title=People Are Missing Monthly Payments…Because They Forgot - Your Money Briefing - WSJ Podcasts |url=https://www.wsj.com/podcasts/your-money-matters/people-are-missing-monthly-paymentsbecause-they-forgot/87cf0237-19c7-4c7a-ba54-6ef4fe7eb504 |access-date=2023-06-09 |website=WSJ |language=en}}{{Cite web |date=2022-12-31 |title=The 6 Best Apps to Maximize Your Credit Card Rewards |url=https://www.makeuseof.com/best-apps-to-maximize-credit-card-rewards/ |access-date=2023-06-09 |website=MUO |language=en}}{{Cite web |last=Foy |first=Kayla |date=2022-11-18 |title=Best Black-Friday deals of 2022 |url=https://www.wmar2news.com/homepage-showcase/best-black-friday-deals-of-2022 |access-date=2023-06-09 |website=WMAR 2 News Baltimore |language=en}}
In February 2015, Major League Baseball filed a trademark dispute claiming that WalletHub's logo resembled the logos of the Washington Nationals and the Chicago Cubs too closely.{{Cite news |last=Overly |first=Steven |date=9 February 2015 |title=Meet the start-up in a trademark war with the Washington Nationals, Chicago Cubs |language=en-US |newspaper=Washington Post |url=https://www.washingtonpost.com/business/capitalbusiness/meet-the-start-up-in-a-trademark-war-with-the-washington-nationals-chicago-cubs/2015/02/08/67c2b100-ad77-11e4-ad71-7b9eba0f87d6_story.html |access-date=2023-06-09 |issn=0190-8286}} Major League Baseball ended the dispute in August 2015 after WalletHub amended its trademark registration to explicitly exclude baseball and softball from the trademark's scope.{{Cite web |last=Medici |first=Andy |date=24 August 2015 |title=This sentence caused MLB to drop trademark dispute with small D.C. firm |url=https://www.bizjournals.com/washington/blog/2015/08/wallethub-the-nationals-and-major-league-baseball.html |access-date=2023-06-09 |website=Washington Business Journal |url-access=subscription |url-status=live |archive-url=https://web.archive.org/web/20170529165729/https://www.bizjournals.com/washington/blog/2015/08/wallethub-the-nationals-and-major-league-baseball.html |archive-date= 2017-05-29 }}
Wallethub lists US cities with population of over 200,000, based on the recent US Census data instead of all US cities and Census-designated places.
Products and services
WalletHub provides financial product comparison tools{{cite web |last1=Yakal |first1=Kathy |title=The Best Personal Finance Software for 2024 |url=https://www.pcmag.com/picks/the-best-personal-finance-services |website=PCMAG |access-date=19 April 2024 |language=en}} for credit cards, car insurance, and bank accounts. The company has produced a wide range of research reports, including a quarterly credit card debt report and reports comparing cities and states in financially relevant categories.{{cite news |last1=Schiff |first1=Molly |title=The 7 places in the U.S. with the most credit card debt |url=https://www.cnbc.com/2022/08/05/us-places-with-most-credit-card-debt.html |access-date=13 December 2022 |publisher=NBC Universal |date=5 August 2022}}{{cite news |last1=Mejia |first1=Jessica |title=South Carolina ranked 9th least safe state, according to WalletHub |url=https://www.abccolumbia.com/2022/10/25/south-carolina-ranked-9th-least-safe-state-according-to-wallethub/ |access-date=13 December 2022 |publisher=ABC Columbia |date=25 October 2022}}{{cite news |last1=Carberry Mogan |first1=Luke |title=Map: These are the states with the most and least credit card debt |url=https://finance.yahoo.com/news/map-states-most-least-credit-card-debt-162126140.html |access-date=13 December 2022 |publisher=Yahoo Finance |date=20 August 2022}} WalletHub also offers free credit scores, reports, and monitoring through a partnership with TransUnion.{{cite web |last1=Yakal |first1=Kathy |title=WalletHub Review |url=https://www.pcmag.com/reviews/wallethub |website=PCMAG |access-date=19 April 2024 |language=en}}