Core Insights - The overall credit card performance is improving despite economic uncertainty, with consumers managing their credit card bills more effectively [3][8] - The total purchase volume on credit card balances in the U.S. reached $945.1 billion in Q3 2025, a significant increase from $889.1 billion in the same quarter of the previous year [4][8] Credit Card Performance - The percentage of credit card balances that are 30 days or more past due decreased to 3.29% in Q3 2025 from 3.54% in Q3 2024 [4] - The percentage of balances that are at least 90 days past due fell to 1.62% in Q3 2025, down from 1.75% a year earlier [4] - The net charge-off rate dropped to 4.99% in Q3 2025, compared to 5.57% in the same quarter of the previous year [5] Spending Trends - Total credit card spending has been on a steady rise since the onset of the COVID-19 pandemic, with Q2 2020 figures at $443.92 billion compared to $945.1 billion in Q3 2025 [6][8] - The increase in spending has outpaced inflation, with prices approximately 25% higher in December 2020 compared to March 2020 [7]