Credit card balances in the US declined by $15 billion to $0.84 trillion in the first quarter of 20222, in line with seasonal trends typically seen at the start of the year. Credit card balances are still $71 billion higher than Q1 2021 and represent a substantial year-over-year increase. source: https://www.newyorkfed.org/
Debt Balance Credit Cards in the United States averaged 0.76 Trillion USD from 2003 until 2022, reaching an all time high of 0.93 Trillion USD in the fourth quarter of 2019 and a record low of 0.66 Trillion USD in the first quarter of 2014. This page includes a chart with historical data for the United States Debt Balance Credit Cards. United States Debt Balance Credit Cards - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.