Chargeoffs at Capital One Financial Corp.'s U.S. card business fell to 4.61% in April from 4.69% in March, according to a Securities and Exchange Commission (SEC) filing.

At its international credit card business, the rate jumped to 4.98% from 4.86% a month earlier. Auto financing chargeoffs fell to 1% in April.

The 30-day delinquency rate for the U.S. card business fell to 3.14% in April from 3.37% in March. Internationally, the rate dropped to 3.8% from 4.04%. Auto-loan delinquencies were flat at 5.58%.

Capital One in April reported its first-quarter earnings fell 24%, a year after the company recorded a $594 million gain related to its acquisition of ING Direct USA.

Last month, the SEC revealed Capital One will pay $3.5 million to settle federal civil charges of underreporting as much as $123 million in losses on auto loans in the months preceding the financial crisis.

The bank understated its loan loss expenses in its auto-lending business and failed to maintain effective internal controls as losses mounted in 2007 and 2008. 

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