Chase Issuance Trust, a Delaware entity, filed an 8-K report on November 10, 2026, disclosing detailed performance metrics for its credit card portfolio as of September 30, 2026. The filing provides data on delinquency rates, loss experience, and revenue generation for the Trust Portfolio, which consists of credit card receivables.
As of September 30, 2026, the Trust Portfolio included 6,573,357 accounts with total receivables of $11.8 billion. The report indicates a delinquency rate of 0.81% for the period, with 13,113 accounts classified as delinquent. The delinquency rate has remained relatively stable, sitting at 0.84% as of December 31, 2025, and 1.00% as of December 31, 2023.
Regarding loss experience, the Trust reported net losses of $147.9 million for the nine months ended September 30, 2026. This figure represents a net loss rate of 1.65% of the average pool balance for that period. The report notes that the number of accounts experiencing a loss during this period was 31,572.
Revenue experience for the nine months ended September 30, 2026, totaled $2.18 billion. The yield from finance charges, fees, and interchange was 24.44% of the average pool balance for the period.
The filing also details the composition of the portfolio. As of September 30, 2026, the average credit limit for accounts was $16,411, and the aggregate total receivables balance represented 10.95% of the aggregate total credit limit. The average age of the accounts was approximately 299 months. Geographically, the largest concentration of accounts is in California, accounting for 11.86% of the total, followed by New York (8.41%) and Texas (7.93%).
