The Tool Desk
Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Outbyte Driver Updater FREEScan for outdated or missing drivers - takes under a minuteDriver Scan →Bank of America Corp.’s credit-card delinquency rate was 1.37% at the end of September 2026, according to an October 15, 2026 market-news report citing an SEC filing. The same filing data showed a 2.07% credit-card charge-off rate during September.
What Bank of America reported for September 2026
The 1.37% figure is a period-end delinquency rate: it describes the share of the credit-card portfolio that was delinquent on September 30, 2026. It is not an annual average and does not represent the percentage of accounts that became delinquent at some point during the year.
As an Amazon Associate I earn from qualifying purchases.
The related 2.07% figure is a September charge-off rate. Charge-offs are balances the bank removes from its assets after determining that they are unlikely to be collected under its accounting and credit policies. Because the two percentages measure different events and use different time frames, they should not be treated as interchangeable indicators.
Do these 3 things before closing this tab:
1Fix the driver behind crashes, sound loss and screen glitches2Clear out junk files and repair common Windows errors3Scan for outdated or missing drivers - takes under a minuteSeptember 2026 versus September 2025
The comparable September 2025 figures came from a Reuters brief dated October 15, 2025, which also cited an SEC filing. Delinquency edged higher year over year, while charge-offs declined.
#1 Best Overall
| Metric | September 2026 | September 2025 | Year-over-year change |
|---|---|---|---|
| Credit-card delinquency rate at September-end | 1.37% | 1.34% | Up 0.03 percentage points |
| Credit-card charge-off rate during September | 2.07% | 2.44% | Down 0.37 percentage points |
A change of 0.03 percentage points means the delinquency rate moved from 1.34% to 1.37%; it is not a 3% increase in the rate. Likewise, the 0.37-percentage-point reduction in charge-offs compares September monthly rates for the two years.
How to interpret delinquency and charge-offs
Delinquency is a snapshot
Delinquency generally identifies accounts with payments sufficiently past due to meet the bank’s reporting definition. The September-end number is therefore a snapshot of portfolio condition on one date. It can move because borrowers cure past-due balances, new accounts become delinquent, balances change, or the portfolio mix shifts.
Rank #2
- Ideal for Gifting
- Ideal for a bookworm
- Compact for travelling
Charge-offs reflect recognized credit losses
A charge-off rate captures balances recognized as losses during the month, after applicable recovery and accounting procedures. It can remain elevated even when the period-end delinquency rate is stable because charge-offs may reflect loans that became delinquent in earlier periods.
Free tools Windows power users keep installed
One-click scans. No signup required.
Why the metrics should be read together
The combination of a slightly higher period-end delinquency rate and a lower September charge-off rate does not by itself establish a broad improvement or deterioration in credit quality. The measures cover different populations, timing windows and stages of the credit cycle. Investors typically examine both alongside loan growth, reserve levels, payment trends and management commentary.
SEC filing context
The October 15, 2026 report attributes both September figures to a Bank of America SEC filing. Company filings provide the regulatory definitions and portfolio disclosures needed to put the percentages in context.
Bank of America’s Form 10-Q for the quarter ended September 30, 2024 reported that 97% of the credit-card portfolio was managed in Consumer Banking. That disclosure describes the organizational management of the portfolio at that earlier date; it should not be assumed to be an unchanged percentage for September 2026 unless a current filing says so.
Rank #4
What the numbers do—and do not—tell you
- They do show: the reported condition of the credit-card portfolio at September 2026 month-end and the charge-offs recognized during that month.
- They do not show: an annual delinquency rate, the share of individual borrowers who missed a payment at any time, or the future direction of losses.
- They do not provide: a complete explanation of why the rates changed. Portfolio balances, account mix, payment behavior, recoveries and underwriting changes could all affect the measures.
Why the prior-year comparison matters
The September 2025 delinquency rate was 1.34%, so the 2026 reading is only marginally higher on a period-end basis. The September charge-off rate, however, fell from 2.44% to 2.07%, a larger movement in percentage-point terms. Since the delinquency comparison is a point-in-time measure and the charge-off comparison is monthly, the two changes should be reported separately rather than combined into one credit-quality score.
For a fuller assessment, the next relevant disclosures would include subsequent monthly filings, reserve changes, loan balances and any explanation Bank of America gives for movements in delinquency and charge-offs. Those details can determine whether a one-month change reflects a persistent trend or normal portfolio volatility.
Quick Recap
Best Value
- It can be a gift option
- Comes with secure packaging
- Helpful in various ways
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
