Table Data - Large Bank Consumer Credit Card Balances: Net Charge-Off Rate
| Title | Large Bank Consumer Credit Card Balances: Net Charge-Off Rate |
|---|---|
| Series ID | RCCCBNCOPCT |
| Source | Federal Reserve Bank of Philadelphia |
| Release | FR Y-14M Large Bank Credit Card and Mortgage Data |
| Seasonal Adjustment | Not Seasonally Adjusted |
| Frequency | Quarterly, End of Quarter |
| Units | Percent |
| Date Range | 2012-07-01 to 2025-10-01 |
| Last Updated | 2026-04-08 8:33 AM CDT |
| Notes | The annualized net charge-off rate for all credit card accounts. Net charge-offs refer to the three-month sum of gross charge-offs less recoveries. The annualized net charge-off rate is calculated as four times the total quarterly net charge-offs divided by the three-month average for total outstanding credit card balances. For more detail see the methodology. |
| DATE | VALUE |
|---|---|
| 2012-07-01 | 4.55 |
| 2012-10-01 | 4.26 |
| 2013-01-01 | 4.40 |
| 2013-04-01 | 4.14 |
| 2013-07-01 | 3.66 |
| 2013-10-01 | 3.64 |
| 2014-01-01 | 3.86 |
| 2014-04-01 | 3.66 |
| 2014-07-01 | 3.30 |
| 2014-10-01 | 3.37 |
| 2015-01-01 | 3.48 |
| 2015-04-01 | 3.39 |
| 2015-07-01 | 3.05 |
| 2015-10-01 | 3.41 |
| 2016-01-01 | 3.72 |
| 2016-04-01 | 3.65 |
| 2016-07-01 | 3.38 |
| 2016-10-01 | 3.79 |
| 2017-01-01 | 4.37 |
| 2017-04-01 | 4.37 |
| 2017-07-01 | 4.10 |
| 2017-10-01 | 4.37 |
| 2018-01-01 | 4.73 |
| 2018-04-01 | 4.59 |
| 2018-07-01 | 4.26 |
| 2018-10-01 | 4.39 |
| 2019-01-01 | 4.85 |
| 2019-04-01 | 4.78 |
| 2019-07-01 | 4.34 |
| 2019-10-01 | 4.55 |
| 2020-01-01 | 4.99 |
| 2020-04-01 | 5.03 |
| 2020-07-01 | 4.16 |
| 2020-10-01 | 3.12 |
| 2021-01-01 | 3.70 |
| 2021-04-01 | 3.14 |
| 2021-07-01 | 2.09 |
| 2021-10-01 | 1.93 |
| 2022-01-01 | 2.27 |
| 2022-04-01 | 2.39 |
| 2022-07-01 | 2.38 |
| 2022-10-01 | 2.92 |
| 2023-01-01 | 3.71 |
| 2023-04-01 | 4.15 |
| 2023-07-01 | 4.33 |
| 2023-10-01 | 5.06 |
| 2024-01-01 | 5.85 |
| 2024-04-01 | 5.97 |
| 2024-07-01 | 5.57 |
| 2024-10-01 | 5.71 |
| 2025-01-01 | 6.02 |
| 2025-04-01 | 5.33 |
| 2025-07-01 | 4.99 |
| 2025-10-01 | 5.13 |