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Fee Income from Contracts with Customers
 3 Months Ended
Mar. 31, 2021
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, during the three months ended March 31, 2021 and 2020. See Note 22, "Fee Income from Contracts with Customers," in our 2020 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, 2020.
Three Months Ended March 31,20212020
 (in millions)
Credit card fees, net$10 $11 
Trust and investment management fees29 31 
Other fees and commissions:
Account services70 61 
Credit facilities83 73 
Other fees12 17 
Total other fees and commissions165 151 
Servicing and other fees from HSBC affiliates83 88 
Insurance(1)
1 2 
Total fee income from contracts with customers288 283 
Other non-fee revenues96 104 
Total other revenues(2)
$384 $387 
(1)Included within other income in the consolidated statement of income (loss).
(2)See Note 15, "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 $18 million and $22 million during the three months ended March 31, 2021 and 2020, respectively. Credit card rewards program costs totaled $11 million and $13 million during the three months ended March 31, 2021 and 2020, 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 18, "Guarantee Arrangements, Pledged Assets and Repurchase Agreements," and Note 19, "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 was $3 million at both March 31, 2021 and December 31, 2020. We expect to recognize this revenue over a remaining period of one year or less.
Other than trust and investment management fees as discussed in our 2020 Form 10-K, 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.