What you need to know about credit card rates and fees
The credit card industry is the second-largest in the U.S. behind the mortgage industry, and its market share is growing.
But in the past two years, the rate hike has been one of the most controversial in the industry.
Now, according to data compiled by TheStreet Ratings, that controversy could be changing.
TheStreet Ratings team rates Barclays Bank (NYSE:BARC), Barclays Capital (NYSE :BC), Discover, HSBC (NYSE MKT:HSBC), JPMorgan Chase (NYSE:, JPM), National Bank of Mexico (NYSENM:NM), PNC Bank (Nasdaq:PNC), and Standard Chartered as “buy.”
TheStreet has an “buy” rating with a price target of $80.50, and a “hold” rating which gives the company a “sell” rating.
TheStreet uses data from Thomson Reuters and is typically unbiased.
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TheScore’s rating is an estimate based on a blend of factors including price, ratings, and other factors.
The ratings can be updated at any time.
The rating can be reviewed here.
Barclays and its affiliates use this data to produce ratings and recommendations.
Barclays Bank provides this research to inform its business decisions and helps it better understand the markets and its customers.