American Express April delinquency rate ticks down

|About: American Express Company (AXP)|By:, SA News Editor

American Express (NYSE:AXP) April U.S. consumer card delinquency rate at 1.4% ticks down from 1.5% from March.

Similarly, its net write-off rate of 2.4% edges down from 2.5% in March.

U.S. small business card member delinquency rate of 1.3% in April is unchanged from March with the net write-off rate of 1.8% compares with 1.9% in March.

Previously: JPMorgan Chase April card delinquency rate falls from March (May 15)

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