← Research

Card APR Margin Index by issuer size

Median purchase APRs reported in the CFPB Terms of Credit Card Plans survey for July 1-December 31, 2025. The comparison uses medians and separately reports missing submissions and values outside the accepted range.

Credit tierTop 25 medianSmaller issuer medianAPR gapAnnual gap on $5,000
poor27.74% (n=148)17.99% (n=114)9.75 pts$488
good28.49% (n=252)15.99% (n=141)12.50 pts$625
great23.99% (n=252)12.70% (n=142)11.29 pts$564

Methodology

Products are grouped by the CFPB’s “Issued by Top 25 Institution” flag. For each reported credit tier, SwitchWize calculates the median valid purchase APR. Missing submissions are counted separately from values outside the accepted 0%–60% range. This compares offered products, not balances or accounts weighted by issuer market share.

Official CFPB workbook · Download JSON