Almost half of credit card users carry monthly balances and it costs more than ever

Published on 24 April 2026

Even high earners still skip paying in full

Bankrate data shows the share of credit card users carrying a balance has jumped to 46% from 39% a year ago. “Almost half of cardholders are carrying debt from month to month,” warns Ted Rossman, noting these carry costs are still very high. While lower-income users are likelier to carry debt, 37% of those earning $100,000+ also don’t pay in full monthly.

Credit card carry balances rose to 46% from 39%
Nearly half of cardholders are carrying debt monthly
Debt remains expensive despite higher incomes
37% of $100,000+ earners still don’t pay fully

#credit cards #consumer finance #interest rates #debt #bankrate

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Almost half of credit card users carry monthly balances and it costs more than ever

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