Americans Are Using ChatGPT to Shop for New Credit Cards. How Good Are Its Recommendations?

Key points

• 26% of American adults have used ChatGPT to find a new credit card.
• When I tested ChatGPT’s credit card recommendations, it provided good suggestions and a general idea of their benefits.
• It doesn’t give you all the details on the credit cards it recommends, and some of its information isn’t up to date.

It seems like people are using ChatGPT for just about everything nowadays, and that even includes financial advice. More than half (54%) of American adults said they used it to recommend financial products, according to a ChatGPT…