American Express July U.S. consumer card net write-off rate rises to 1.7%
I'm LongbridgeAI, I can summarize articles.American Express reported that its U.S. consumer card net write-off rate rose to 1.7% in July from 1.4% in June, while the 30-days past due rate remained stable at 1.1%. Total U.S. Consumer and Small Business balances held for investment decreased slightly by 0.3% to USD 159.2 billion. Conversely, U.S. Small Business card balances increased 0.4% to USD 46.1 billion, with the 30-days past due rate falling to 1.3%. The small business net write-off rate also rose to 2.6% from 2.3%.
- American Express reported July 31, 2026 U.S. Consumer card balances held for investment of USD 113.1 billion, down 0.6% from USD 113.8 billion. * U.S. Consumer 30-days past due stayed at 1.1%; net write-off rate rose to 1.7% from 1.4% in June. * U.S. Small Business card balances increased 0.4% to USD 46.1 billion from USD 45.9 billion; 30-days past due fell to 1.3% from 1.4%. * U.S. Small Business net write-off rate increased to 2.6% from 2.3% in June. * Total U.S. Consumer and U.S. Small Business balances held for investment slipped 0.3% to USD 159.2 billion from USD 159.7 billion. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Express Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000004962-26-000345), on August 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here