The company disclosed that U.S. Consumer Card Member loans had total loans of $82.3 billion as of March 31, 2024, and that 30 days past due loans were 1.4% of total loans. The statistics are marked as preliminary.

1. 01

   The company disclosed that U.S. Consumer Card Member loans had total loans of $82.3 billion as of March 31, 2024, and that 30 days past due loans were 1.4% of total loans. The statistics are marked as preliminary.

2. 02

   The company disclosed that the net write-off rate on principal only for U.S. Consumer Card Member loans was 2.3% for March 2024, 2.4% for February, and 2.1% for January, and 2.3% for the 3 months ended March 31, 2024.

3. 03

   The company said U.S. Small Business Card Member loans had total loans of $27.6 billion as of March 31, 2024, and that the principal only net write-off rate was 2.4% for March. It also said the 30 days past due loans ratio was 1.5%.

4. 04

   American Express disclosed that the Ending total principal balance of the American Express Credit Account Master Trust was $25.9 billion as of March 2024, and that the annualized default rate, net of recoveries, was 1.4%. The rate was 1.7% for February and 1.3% for January.

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Original filing

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