Customer Deposits

3 Months Ended

Mar. 31, 2024

Deposits [Abstract]

Customer Deposits

Customer Deposits

As of March 31, 2024 and December 31, 2023, customer deposits were categorized as interest-bearing or non-interest-bearing as follows:

(Millions)	2024		2023
U.S.:
Interest-bearing	$	133,483	$	128,146
Non-interest-bearing (includes Card Member credit balances of: 2024, $446; 2023, $495)	511		557
Non-U.S.:
Interest-bearing	12		12
Non-interest-bearing (includes Card Member credit balances of: 2024, $409; 2023, $426)	412		429
Total customer deposits	$	134,418	$	129,144

Customer deposits by deposit type as of March 31, 2024 and December 31, 2023 were as follows:

(Millions)	2024		2023
U.S. retail deposits:
Savings and transaction accounts	$	101,419	$	93,722
Certificates of deposit:
Direct	5,166		5,557
Third-party (brokered)	11,092		12,960
Sweep accounts – Third-party (brokered)	15,806		15,907
Total U.S. retail deposits	$	133,483	$	128,146
Other deposits	80		77
Card Member credit balances	855		921
Total customer deposits	$	134,418	$	129,144

The scheduled maturities of certificates of deposit as of March 31, 2024 were as follows:

(Millions)	2024		2025		2026		2027		2028		After 5 Years		Total
Certificates of deposit (a)	$	8,820	$	4,950	$	1,012	$	772	$	699	$	11	$	16,264

(a)Includes $6 million of non-U.S. direct certificates of deposit as of March 31, 2024.

As of March 31, 2024 and December 31, 2023, certificates of deposit in denominations that met or exceeded the insured limit were $1.7 billion and $1.8 billion, respectively.