American Express said that as of April 30, 2025, total loans in its U.S. Consumer Card Member loans portfolio were $90.7 billion, and that they were $90.1 billion on March 31 and $87.8 billion on February 28. The figures reflect only held-for-investment loans.

1. 01

   American Express said that as of April 30, 2025, total loans in its U.S. Consumer Card Member loans portfolio were $90.7 billion, and that they were $90.1 billion on March 31 and $87.8 billion on February 28. The figures reflect only held-for-investment loans.

2. 02

   The company said the net write-off rate on principal only for U.S. Consumer Card Member loans was 2.0% for April, 2.4% for March and 2.5% for February, and that the share of loans 30 days past due was 1.4% in all three months.

3. 03

   American Express said that total loans in its U.S. Small Business Card Member loans portfolio were $31.6 billion as of April 30. It said the net write-off rate on principal only was 2.4% for April, 2.6% for March and 2.6% for February, and that the share of loans 30 days past due was 1.6% in all three months.

4. 04

   The company said the annualized default rate, net of recoveries, for the American Express Credit Account Master Trust was 1.3% for April, 1.5% for March and 1.8% for February. It said the ending total principal balance was $25.2 billion for April.

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Original filing

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