Deliquencies for bankcards were lower or stable in April for six major issuers, although charge-offs were higher for four lenders, Standard & Poor's analysts reported in their midday commentary.

This is a mixed result for credit card ABS product, analysts said. American Express had the lowest 30+ day delinquency rate at 1.30% while Bank of America had the highest at 3.45%, S&P analysts noted.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.