What Is the Average Credit Card Balance?

The average credit card balance for U.S. consumers was $7,200 as of 2014 with an expected growth of 5 percent in 2015, according to a survey by CardHub reported by CBS News. The survey organization considers an average credit card debt of $8,300 as unsustainable.

The $8,300 limit was the average credit card debt in 2008 when the United States began its recession, according to CBS News. While the credit load continues to grow, the average income has only increased by 2 percent; however, the charge-off debt credit card companies report is at 2.8 percent, indicating that Americans are doing better at handling their debt.