Going back decades..Card Losses track Unemployment ~1 for 1... 

$BAC has $7.58B of Credit Card Reserves now vs. $3.6B in 1Q19... 
That’s an 8.25% rate... so implicitly the Bank has already assumed an 8.25% Unemployment Rate for Cards...As an aside close to Zero CLO exposure. https://t.co/Ujz06tU61w