Citigroup’s credit-card charge-off rate was 2.18% in September 2026, according to an October 15 report citing a Citigroup filing with the U.S. Securities and Exchange Commission. The same report put the credit-card delinquency rate at 1.35% at the end of September. The figures describe different stages of credit performance: charge-offs are loans recognized as losses, while delinquencies are balances overdue but not yet written off.
What the 2.18% figure means
A charge-off is the point at which a bank removes a loan balance from its books as a recognized credit loss under its accounting policy. For Citi credit-card loans, interest generally continues to accrue until charge-off, which typically occurs after 180 days of contractual delinquency. The 2.18% figure is therefore a loss-flow measure for September, not the percentage of every card account that was late during the month.
As an Amazon Associate I earn from qualifying purchases.
The reported 1.35% delinquency rate is a separate month-end measure. It captures card balances that were past due but had not yet reached the bank’s charge-off threshold. Because an account can become delinquent before it is charged off, the two rates should not be added together or treated as competing estimates of the same event.
Outdated Drivers Are Slowing You Down
One free scan finds every outdated or missing driver and matches the right update for your exact hardware.Free scan · exact hardware matchWindows Errors? Fix Them Before They Spread
Repair common Windows errors and clear accumulated junk for a smoother, more stable PC - no reinstall needed.Free scan · no reinstallSeptember’s two credit-card indicators
| Indicator | Reported value | Period and interpretation |
|---|---|---|
| Credit-card charge-offs | 2.18% | September 2026; balances recognized as credit losses during the month, as reported from a Citi SEC filing |
| Credit-card delinquencies | 1.35% | At September 30, 2026; balances past due but not yet charged off |
The contemporaneous report is the cited source for both percentages. The exact September filing page containing the rates was not directly retrievable, so the figures should be read as reported values attributed to an SEC filing rather than as independently recalculated rates.
#1 Best Overall
- Gift Cards are shipped active and ready for use.
- This card is non-reloadable. No cash or ATM access. Funds do not expire. If available funds remain on your card after the valid thru date has passed, please call customer service for a replacement card. A one-time purchase fee applies at the time of checkout. No fees after purchase.
- To access your card information safely, type the complete website address shown on your Gift Card (MyGift.GiftCardMall.com) directly into your browser's address bar. Don't use search engines or shortened versions of the website address, as these may lead you to fake or fraudulent sites. Do not provide any Gift Card details (example: Card Number) to someone you do not know or trust. If you believe you've reached an illegitimate website, contact cardholder service at 1-888-524-1283. Be cautious of phishing sites, there are a variety of scams in which fraudsters try to trick others into paying with gift cards.
- To report your Lost or Stolen Physical Visa Card, call Customer Service 24/7 at 1 (888) 524-1283 to cancel your Gift Card as soon as you can. You will be asked to provide the Gift Card number and other identifying information.
- Use your Visa Gift Card in the U.S. everywhere Visa debit cards are accepted, including online.
How the result fits Citi’s third quarter
Citi’s third-quarter earnings release, dated October 13, 2026, provides the broader financial setting:
- Total revenue: $23.845 billion.
- Net income attributable to Citigroup: $5.245 billion.
- Net credit losses: $2.217 billion.
- Total provision for credit losses: $2.586 billion.
- U.S. Consumer Cards net credit losses: $1.7 billion, down 4% from a year earlier.
U.S. Consumer Cards generated $4.7 billion in revenue, unchanged year over year. Net interest income increased 6%. Non-interest revenue declined 62%, reflecting higher partner-payment accruals and rewards costs, partly offset by higher interchange and annual-fee revenue.
Rank #2
- Gift Cards are shipped active and ready for use.
- This card is non-reloadable. No cash or ATM access. Funds do not expire. If available funds remain on your card after the valid thru date has passed, please call customer service for a replacement card. A one-time purchase fee applies at the time of checkout. No fees after purchase.
- To access your card information safely, type the complete website address shown on your Gift Card (MyGift.GiftCardMall.com) directly into your browser's address bar. Don't use search engines or shortened versions of the website address, as these may lead you to fake or fraudulent sites. Do not provide any Gift Card details (example: Card Number) to someone you do not know or trust. If you believe you've reached an illegitimate website, contact cardholder service at 1-888-524-1283. Be cautious of phishing sites, there are a variety of scams in which fraudsters try to trick others into paying with gift cards.
- To report your Lost or Stolen Physical Visa Card, call Customer Service 24/7 at 1 (888) 524-1283 to cancel your Gift Card as soon as you can. You will be asked to provide the Gift Card number and other identifying information.
- Use your Visa Gift Card in the U.S. everywhere Visa debit cards are accepted, including online.
Chair and CEO Jane Fraser said: “Our performance in the quarter, which included the best third-quarter revenue in a decade, positive operating leverage and meaningful improvement in our returns, reflects the continued disciplined and consistent execution of our strategy.”
Why comparisons can be misleading
Charge-offs versus delinquencies
A charge-off records a realized accounting loss after an account reaches the bank’s write-off policy. Delinquency is an earlier warning condition. A month with elevated delinquencies can precede higher charge-offs, but timing differs because accounts must pass through the contractual delinquency process first.
Rank #3
- Gift Cards are shipped active and ready for use.
- This card is non-reloadable. No cash or ATM access. Funds do not expire. If available funds remain on your card after the valid thru date has passed, please call customer service for a replacement card. A one-time purchase fee applies at the time of checkout. No fees after purchase.
- To access your card information safely, type the complete website address shown on your Gift Card (MyGift.GiftCardMall.com) directly into your browser's address bar. Don't use search engines or shortened versions of the website address, as these may lead you to fake or fraudulent sites. Do not provide any Gift Card details (example: Card Number) to someone you do not know or trust. If you believe you've reached an illegitimate website, contact cardholder service at 1-888-524-1283. Be cautious of phishing sites, there are a variety of scams in which fraudsters try to trick others into paying with gift cards.
- To report your Lost or Stolen Physical Visa Card, call Customer Service 24/7 at 1 (888) 524-1283 to cancel your Gift Card as soon as you can. You will be asked to provide the Gift Card number and other identifying information.
- Use your Visa Gift Card in the U.S. everywhere Visa debit cards are accepted, including online.
September versus the third quarter
The 2.18% rate refers to one month. Citi’s revenue, net income, provision and net-credit-loss figures are quarterly totals for the three months ended September 30. A monthly annualized rate, a quarterly rate and a quarter-to-date dollar loss are not interchangeable without the underlying balance denominator and methodology.
Consolidated Citi versus U.S. Consumer Cards
The charge-off and delinquency percentages were reported as credit-card metrics, while the $1.7 billion net-credit-loss figure is specifically for U.S. Consumer Cards. Consolidated Citigroup results include other businesses and portfolios, so the card rate should not be presented as Citi’s overall companywide loss rate.
Rank #4
- Visa Virtual eGift Cards are designed for online use only. Gift Cards are subject to Terms and Conditions: a.co/5bw3qXJ
- When you access your Visa Virtual eGift Card for the first time, you’ll need to register your name, address, phone number, and email address via activationspot.com. These details should also be used as your billing address for online purchases, as many merchants require address verification for purchase authorization.
- This Visa Virtual eGift Card is non-reloadable. No cash or ATM access. Visa Virtual eGift Cards are emailed active.
- Funds do not expire but your Visa Virtual eGift Card has a ‘valid thru’ date (9 years from date of purchase). If funds remain after this date has passed, please call the Toll Free number found on your Visa Virtual eGift Card for a replacement card. A one-time purchase fee applies at the time of checkout.
- This item is not eligible for refund, resale, or return. Available for sale within the United States only. Not available to residents of Puerto Rico, Hawaii, New Mexico, South Dakota, West Virginia and the US Virgin Islands.
Bank portfolios versus securitized trusts
SEC trust reports may use different portfolio definitions, servicing arrangements or balance denominators. Loss and delinquency numbers from a securitized credit-card trust should not be assumed to match Citi’s consolidated figures.
What’s actually slowing this PC down?
Pick the symptom - the matching free tool is one click away.
Filing timeline
- Citi’s investor-relations filing index lists an October 13, 2026 Form 8-K and identifies the page used for its 10-K, 10-Q, 8-K and proxy filings.
- The SEC-hosted third-quarter earnings release is dated October 13, 2026.
- An October 15, 2026 report subsequently cited a Citi SEC filing for the September charge-off and month-end delinquency percentages.
What readers can conclude
The clearest takeaway is that Citi reported a 2.18% September credit-card charge-off rate alongside a 1.35% month-end delinquency rate. Those numbers indicate different points in the credit cycle and need portfolio scope, balance denominator and accounting basis before they can be compared with another bank or another reporting period. Citi’s third-quarter release simultaneously showed $1.7 billion in U.S. Consumer Cards net credit losses, down 4% year over year, within a quarter that produced $23.845 billion in companywide revenue.
Quick Recap
Best Value
- Cards are shipped active and ready for use.
- This card is non-reloadable. No cash or ATM access. Funds do not expire. If available funds remain on your card after the valid thru date has passed, please call customer service for a replacement card. A one-time purchase fee applies at the time of checkout. No fees after purchase.
- Double check if the URL/website is genuine before entering card details online. Do not provide any gift card details (example: claim code) to someone you do not know or trust. There are a variety of scams in which fraudsters try to trick others into paying with gift cards.
- If you believe that your Card has been lost or stolen, notify Mastercard immediately by calling 1-833-791-7288. You will be asked to provide the Gift Card number and other identifying information.
- Use your Mastercard Gift Card in the U.S. everywhere Mastercard debit cards are accepted, including online. Your Amazon.com Balance cannot be used to purchase Mastercard gift cards.
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.
