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American Express consumer card charge-off rate edges up in October

Nov. 15, 2021 12:21 PM ETAmerican Express Company (AXP) StockBy: Liz Kiesche, SA News Editor

American Express EMV Chip Cards

WilshireImages/iStock Editorial via Getty Images

  • American Express (AXP +0.4%) U.S. consumer credit card net write-off rate of 0.6% creeps up in October from 0.4% in September, but is still far below the 2.2% rate in October 2020.
  • Delinquency rate

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