American Express said U.S. Consumer Card Member loans held for investment totaled $100.2 billion as of December 31, 2025, with 30 days past due loans at 1.3% of total and a net write-off rate on principal only of 2.1%.

1. 01

   American Express said U.S. Consumer Card Member loans held for investment totaled $100.2 billion as of December 31, 2025, with 30 days past due loans at 1.3% of total and a net write-off rate on principal only of 2.1%.

2. 02

   The company said U.S. Small Business Card Member loans held for investment totaled $30.8 billion as of December 31, 2025, with 30 days past due loans at 1.7% of total and a net write-off rate on principal only of 2.7%.

3. 03

   American Express said total Card Member loans held for investment in U.S. Consumer and U.S. Small Business combined were $126.4 billion as of October 31, 2025, $129.1 billion as of November 30, and $131.0 billion as of December 31.

4. 04

   The company said the American Express Credit Account Master Trust had an ending total principal balance of $26.4 billion for the period from December 1, 2025 through December 31, with an annualized default rate, net of recoveries, of 1.2%.

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