American Express credit data: Sept. write-off rates fell, 30-day delinquencies edged up
American Express furnished preliminary delinquency and write-off statistics for its U.S. Consumer and U.S. Small Business Card balances held for investment through September 30, 2026. Consumer and small business net write-off rates were lower in September than in July and August, while 30-day delinquency rates rose slightly, so the monthly credit picture is mixed for shareholders.
Key points
- U.S. Consumer Card net write-off rate (principal only) was 1.5% in September, down from 1.7% in both August and July.
- U.S. Consumer 30-day past due rate was 1.2% in September, up from 1.1% in August and July.
- U.S. Small Business 30-day past due rate was 1.4% in September, up from 1.3% in August and July; its net write-off rate was 2.1%, down from 2.2% in August and 2.6% in July.
- Total Card balances held for investment were $160.9 billion at September 30, 2026, up from $160.3 billion at August 31, 2026.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.