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Fee Income from Contracts with Customers
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Fee Income from Contracts with Customers Fee Income from Contracts with Customers
The following table summarizes fee income from contracts with customers disaggregated by type of activity, as well as a reconciliation to total other revenues. See Note 19, "Fee Income from Contracts with Customers," in our 2025 Form 10-K for a description of the various types of fee-based activities and how revenue associated with these activities is recognized. There have been no significant changes in these activities since December 31, 2025.
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
(in millions)
Trust and investment management fees$46 $41 $94 $82 
Other fees and commissions:
Account services84 80 166 159 
Credit facilities127 71 216 148 
Credit card fees, net19 17 38 31 
Other fees(1)
11 11 24 20 
Total other fees and commissions(1)
241 179 444 358 
Servicing and other fees from HSBC affiliates119 98 221 200 
Insurance(1)
— — — 1 
Total fee income from contracts with customers406 318 759 641 
Other non-fee revenue206 200 397 393 
Total other revenues(2)
$612 $518 $1,156 $1,034 
(1)During the fourth quarter of 2025, we began reporting insurance fee income in other fees and commissions in the consolidated statement of income. As a result, we reported $1 million of insurance fee income in other fees and commissions during the six months ended June 30, 2026 that previously would have been reported in other income (loss).
(2)See Note 12, "Business Segments," for a reconciliation of total other revenues on a U.S. GAAP basis to other operating income for each business segment under the Group Reporting Basis.
Credit card fees, net We recognized interchange fees of $34 million and $65 million during the three and six months ended June 30, 2026, respectively, compared with $30 million and $58 million during the three and six months ended June 30, 2025, respectively. Credit card rewards program costs totaled $20 million and $39 million during the three and six months ended June 30, 2026, respectively, compared with $18 million and $37 million during the three and six months ended June 30, 2025, respectively.
Deferred Fee Income
Information related to deferred fee income on loan commitments, revolving credit facilities and standby letters of credit is included in Note 15, "Guarantee Arrangements, Pledged Assets and Repurchase Agreements," and Note 16, "Fair Value Measurements." Excluding these items, we had deferred fee income related to certain account service fees that are paid upfront and recognized over the service period and annual fees on credit cards which collectively were immaterial at June 30, 2026 and December 31, 2025.
We do not use significant judgments in the determination of the amount and timing of fee income from contracts with customers. Additionally, costs to obtain or fulfill contracts with customers were immaterial.