Federal Reserve Economic Data: Your trusted data source since 1991

Large Bank Consumer Credit Card Balances: Share of Accounts Making the Minimum Payment (RCCCBSHRMIN)

Observation:

Q4 2023: 10.65 (+ more)   Updated: Apr 15, 2024 2:19 PM CDT
Q4 2023:  10.65  
Q3 2023:  10.31  
Q2 2023:  9.98  
Q1 2023:  9.48  
Q4 2022:  9.89  
View All

Units:

Percent,
Not Seasonally Adjusted

Frequency:

Quarterly,
End of Quarter

NOTES

Source: Federal Reserve Bank of Philadelphia  

Release: FR Y-14M Large Bank Credit Card and Mortgage Data  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Quarterly, End of Quarter

Notes:

The share of credit card accounts paying the minimum account balance. Payment behavior (Active Accounts Only) variables indicate the payment behavior of active credit card accounts in the final month of the quarter. When an account has a zero-cycle ending balance, the prior month's payment behavior is used to properly classify the account. Payment behavior shares do not sum to 100 percent because active accounts with a zero or negative cycle ending balance or missing payment information are not shown nor are active accounts that made no payment or a payment that was less than the minimum. Active credit card accounts are defined as credit card accounts that are open and have had debit, credit, or balance activity in the last 12 months. For more detail see: methodology.

Suggested Citation:

Federal Reserve Bank of Philadelphia, Large Bank Consumer Credit Card Balances: Share of Accounts Making the Minimum Payment [RCCCBSHRMIN], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RCCCBSHRMIN, April 15, 2024.

RELEASE TABLES


Subscribe to the FRED newsletter


Follow us

Back to Top
Top