Debt
Credit Card Balances Rose to $1.26 Trillion in Q2 as Delinquency Rate Climbed to 12.8%
via Federal Reserve Bank of New York
Total credit card balances reached $1.26 trillion in Q2 2026, up $21 billion from the prior quarter, while the share of balances more than 90 days overdue climbed to 12.8%. The average rate on cards carrying a balance stood at 22.15%.
Why it matters
Carrying a balance at today's average rates means interest compounds quickly, and rising delinquency rates suggest many households are already struggling to keep up with monthly payments.


