Credit Card Balances Hit Record $1.28 Trillion at End of 2025

Multiple authoritative primary sources from the Federal Reserve and New York Fed clearly report that U.S. credit card balances reached $1.28 trillion in Q4 2025, which is stated to be a record high. The G.19 Consumer Credit release and New York Fed household debt report provide direct, official figures confirming both the total amount and its record status. Secondary sources such as CNBC and Trading Economics corroborate the data and explicitly state it is the highest on record. These accounts are consistent and stem from official statistical releases, which removes significant doubt about accuracy. There is no evidence in the provided materials contradicting the statement, and the data is sourced from highly credible institutions. Given this consistency and authoritative origin, the probability the statement is true is very high.