American Express (AXP) US Consumer Card Member Loans (March): 30 days past due 1.4% (prev. 1.4%), Net write off rate 2.2% (prev. 2.0%)

The latest March data from American Express shows that consumer card member loans remain stable with a past-due rate of 1.4% unchanged from previous months, but the net write-off rate has increased to 2.2%.

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American Express (AXP) US Consumer Card Member Loans (March): 30 days past due 1.4% (prev. 1.4%), Net write off rate 2.2% (prev. 2.0%)

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US Small Business Card member loans: 

  • 30 days past due 1.7% (prev. 1.7%)
  • Net write off rate 2.9% (prev. 2.8%)
Context

This slight rise in write-offs may signal growing credit risks in consumer lending, which could impact financial sector sentiment and broader market stability.

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