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After an anemic February, Americans picked up the pace in March as revolving credit grew at the same 4.1% annualized rate as one-year ago. Consumers added $2.6 billion to revolving credit during March compared to a mere $200 million in February. According to revised figures released last week by the Federal Reserve, the growth in February was only 0.4% instead of the previously reported 2.5%. At the end of March 2004, Americans owed $755.8 billion in revolving credit, compared to $720.7 billion for March 2003. Bank credit card debt (excluding store and gas credit cards) at the end of the fourth quarter was $672.3 billion, or roughly 90% of total revolving credit, according to CardData (www.carddata.com). It is expected that first quarter bank credit card debt will come in around $659 billion, reflecting a 2% seasonal decline. At the end of March, Americans were $2022.5 billion in debt, excluding home mortgages.