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Revolving consumer credit hovered above the $800 billion milestone in February. However, Americans added $4.1 billion to revolving credit during the second month of the new year, compared to nearly $8 billion one-year ago. The change from last year validates the higher monthly payment rates reported by the nation's top issuers. This simply means that more consumers are paying credit card balances off in full each month or increasing their monthly payment. The monthly payment rate remains between 17.50% and 18.00%, according to CardData. According to the Federal Reserve, Americans owed $803.5 billion in revolving credit at the end of February, compared to $799.4 billion for January. One-year ago revolving credit stood at approximately $754.8 billion. The annual growth rate is now 6.1% compared to 8.9% in the previous month. Bank credit card debt (excluding store and gas credit cards) at the end of the fourth quarter was $684.9 billion, or roughly 85% of total revolving credit, according to CardData (www.carddata.com). At the end of February, Americans were $2122.5 billion in debt, excluding home mortgages.