Discover Financial Services has reported financial results for the fourth quarter 2012. "The company said card sales volume grew 6% from the prior year to $26.5 billion. Credit card loans ended the quarter at $49.6 billion, up 6%, from the prior year. The delinquency rate for credit card loans over 30 days past due was 1.86%, an improvement of 53 basis points from the prior year, and a seasonal increase of 5 basis points from the prior quarter. The credit card net charge-off rate improved to 2.29% for the fourth quarter of 2012, down 95 basis points from the prior year, and 14 basis points from the prior quarter."