Credit card delinquencies are stabilizing in early buckets while consumers continue to spend

More consumers are carrying credit card balances despite high rates, and delinquency rates continue to rise

Higher prices keep customers in a pinch from making on-time payments

A price elasticity model enables the product team to set deposit rates with a sound understanding of the expected performance from the rate strategy

Bankcard delinquencies continue to rise as growth in the economy slows

We are seeing unemployment rates at historical lows, so what is causing US Bankcard delinquency rates to increase?

What should you expect to gain from deposit price elasticity models and what can you do with them to maximize benefit to the business?