![Man using tablet and holding credit card](https://www.bankrate.com/2022/06/21105152/BR_-Cards_Average_Credit_Card_Debt_in_the_U.S.jpg?auto=webp&&optimize=high&crop=16:9&width=300)
Average credit card debt in the U.S.
American credit card balances rose to $1.13 trillion in the last quarter of 2023
4 min read
Feb 14, 2024
Constance Sommer is a contributor to Bankrate covering personal finance, credit cards, rewards credit cards and travel credit cards. Based in Los Angeles, she has covered topics like finance, health, wellness and the environment, and her bylines include work for The New York Times and AARP.
American credit card balances rose to $1.13 trillion in the last quarter of 2023