Q3 2019 Canadian Credit Card Performance Index

DBRS Limited (DBRS Morningstar) published the Canadian Credit Card Performance Index (the Index) for Q3 2019. The Index is now available in Excel format as well as in the regular PDF. All key performance metrics tracked by DBRS Morningstar remained stable over the last quarter.

The payment rate averaged 46.6% over Q3 2019, up from 45.9% in the previous quarter and up from 45.6% in Q3 2018.

Gross yield averaged 23.7% in Q3 2019, in line with the previous quarter and slightly above an average of 23.4% a year ago.