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 2026-04-01 |
| Last Updated | 2026-10-07 1:20 PM 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 | 4.51 |
| 2012-10-01 | 4.23 |
| 2013-01-01 | 4.35 |
| 2013-04-01 | 4.08 |
| 2013-07-01 | 3.62 |
| 2013-10-01 | 3.60 |
| 2014-01-01 | 3.81 |
| 2014-04-01 | 3.61 |
| 2014-07-01 | 3.24 |
| 2014-10-01 | 3.31 |
| 2015-01-01 | 3.42 |
| 2015-04-01 | 3.33 |
| 2015-07-01 | 2.99 |
| 2015-10-01 | 3.35 |
| 2016-01-01 | 3.67 |
| 2016-04-01 | 3.59 |
| 2016-07-01 | 3.33 |
| 2016-10-01 | 3.74 |
| 2017-01-01 | 4.32 |
| 2017-04-01 | 4.38 |
| 2017-07-01 | 4.11 |
| 2017-10-01 | 4.38 |
| 2018-01-01 | 4.75 |
| 2018-04-01 | 4.62 |
| 2018-07-01 | 4.27 |
| 2018-10-01 | 4.39 |
| 2019-01-01 | 4.85 |
| 2019-04-01 | 4.77 |
| 2019-07-01 | 4.35 |
| 2019-10-01 | 4.54 |
| 2020-01-01 | 4.99 |
| 2020-04-01 | 5.03 |
| 2020-07-01 | 4.16 |
| 2020-10-01 | 3.13 |
| 2021-01-01 | 3.75 |
| 2021-04-01 | 3.15 |
| 2021-07-01 | 2.10 |
| 2021-10-01 | 1.93 |
| 2022-01-01 | 2.28 |
| 2022-04-01 | 2.40 |
| 2022-07-01 | 2.37 |
| 2022-10-01 | 2.93 |
| 2023-01-01 | 3.74 |
| 2023-04-01 | 4.18 |
| 2023-07-01 | 4.35 |
| 2023-10-01 | 5.07 |
| 2024-01-01 | 5.86 |
| 2024-04-01 | 5.98 |
| 2024-07-01 | 5.56 |
| 2024-10-01 | 5.70 |
| 2025-01-01 | 6.01 |
| 2025-04-01 | 5.31 |
| 2025-07-01 | 4.98 |
| 2025-10-01 | 5.11 |
| 2026-01-01 | 5.19 |
| 2026-04-01 | 5.01 |