Bank of America’s consumer card spending increased 8% in the third quarter
Start here
AI-assisted source synthesis · not an independent investigation.
On October 14, 2026, PYMNTS reported that Bank of America’s combined consumer credit and debit card spending increased 8% year over year in the third quarter, reaching $265.7 billion. During the same period, the bank’s digital-channel sales share rose to 71%, while active digital users increased to 50 million. The number of active users of the consumer digital assistant Erica rose from 20.4 million to 24.2 million; consumer checking accounts increased by more than 200,000 net. The report did not disclose the specific start and end dates of the quarter corresponding to the spending growth mentioned above, nor did it provide further comparisons with prior-period data.
AI-written from reports · updated 4 days ago
Timeline
Follow the reporting to see the different sides of the story.
- PYMNTSBank of America consumer card spending rose 8% to $265.7 billion in the third quarter, with digital channels accounting for 71%
Bank of America consumer credit and debit card spending rose 8% year over year to $265.7 billion in the third quarter, while digital channel sales rose to 71%. Active digital users increased to 50 million, Erica active users rose from 20.4 million to 24.2 million, and consumer checking accounts increased by more than 200,000.
Heat over time
Current heat 3·Peak over the comparable range 10 (Oct 15 00:00)·Change over the comparable range in the last 24 hours -49%
Trends compare only the same entities that were fully and continuously observed, so the range can be narrower than the current heat statistics. Move the pointer or tap the chart to read hourly heat; arrow keys work on a keyboard.