Credit-Card Rate (Balances)
22.1%
· May 2026
econ
scout
2001 Recession · Mar 2001 – Nov 2001
Global Financial Crisis · Dec 2007 – Jun 2009
COVID-19 Recession · Feb 2020 – Apr 2020
12%
14%
16%
18%
20%
22%
1995
2000
2005
2010
2015
2020
2025
22.1%
Credit-Card Rate (Balances) — one value per year; US recessions are shaded on the chart.
Year
Credit-Card Rate (Balances)
1994
15.8%
1995
15.7%
1996
15.5%
1997
15.7%
1998
15.7%
1999
14.8%
2000
15.3%
2001
13.9%
2002
12.8%
2003
12.9%
2004
13.9%
2005
14.5%
2006
15.1%
2007
14.4%
2008
13.4%
2009
14.4%
2010
13.7%
2011
12.8%
2012
12.8%
2013
12.9%
2014
13.7%
2015
13.7%
2016
13.6%
2017
15.0%
2018
16.9%
2019
16.9%
2020
16.3%
2021
16.4%
2022
20.4%
2023
22.8%
2024
22.8%
2025
22.3%
2026
22.1%
Source: FRED · TERMCBCCINTNS · econscout.com