Credit & debt · CORCCACBS
Credit card charge-off rate
As of Q2 2026, the credit card charge-off rate stood at 3.82%, a change of 0.00 pt from the quarter before.
Source: Board of Governors of the Federal Reserve System via FRED®. Quarterly data, seasonally adjusted. Latest observation Q2 2026; snapshot taken Oct 27, 2026, 2:15 AM EDT.
Latest (Q2 2026)
3.82%
Change from Q1 2026
0.00 pt
A year earlier
4.19%
12-month change
-8.8%
3.82% Q2 2026 · Percent
Percent. Data from Q1 1985 to Q2 2026 (166 observations).
What it measures
The charge-off rate is the share of credit card balances that banks wrote off as losses, at an annual rate. It peaked above 10% in late 2009 and early 2010, after the financial crisis.
- Official title
- Charge-Off Rate on Credit Card Loans, All Commercial Banks
- Units
- Percent
- Frequency and adjustment
- Quarterly, seasonally adjusted
- Original source
- Board of Governors of the Federal Reserve System
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| Date | Value | Change |
|---|---|---|
| Q2 2026 | 3.82% | 0.00 pt |
| Q1 2026 | 3.82% | -0.27 pt |
| Q4 2025 | 4.09% | -0.09 pt |
| Q3 2025 | 4.18% | -0.01 pt |
| Q2 2025 | 4.19% | -0.25 pt |
| Q1 2025 | 4.44% | -0.13 pt |
| Q4 2024 | 4.57% | -0.12 pt |
| Q3 2024 | 4.69% | +0.13 pt |
| Q2 2024 | 4.56% | +0.16 pt |
| Q1 2024 | 4.40% | +0.22 pt |
| Q4 2023 | 4.18% | +0.42 pt |
| Q3 2023 | 3.76% | +0.53 pt |
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This page shows public economic data for general information. It is not financial advice and does not predict future values.
Sources
- Board of Governors of the Federal Reserve System, Charge-Off Rate on Credit Card Loans, All Commercial Banks [CORCCACBS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CORCCACBS, Oct 27, 2026.
- View CORCCACBS on FRED® · Board of Governors of the Federal Reserve System
FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. Neither the Federal Reserve Bank of St. Louis nor Board of Governors of the Federal Reserve System endorses OpenEcon.