Credit card APR for great credit (720+)
Credit score 720 or higher · excellent / very good credit · CFPB TCCP survey, Jul-Dec 2025
With great credit (720+) (a score of 720 or higher), the CFPB survey median purchase APR was 22.99% at large issuers and 15.24% at small banks and credit unions. The card quotes an APR range and places you within it based on your score and the issuer's underwriting. These are surveyed medians, not an offer.
Source: CFPB Terms of Credit Card Plans (TCCP) Survey. Data as of CFPB TCCP survey, Jul-Dec 2025.
Median purchase APR for great credit (720+)
| Issuer size | Median purchase APR |
|---|---|
| Large issuers (top 25) | 22.99% |
| Small banks & credit unions | 15.24% |
Source: CFPB Terms of Credit Card Plans (TCCP) Survey. Data as of CFPB TCCP survey, Jul-Dec 2025.
Issuers reporting the lowest APR for this tier
Issuers that reported a great credit (720+)-specific median purchase APR, lowest first (of 127 that reported one):
| Issuer | Median APR (great) | Full surveyed range |
|---|---|---|
| North Country Federal Credit Union | 7.45% | 6.45% – 16.95% |
| First American Credit Union | 7.49% | 3.99% – 18.99% |
| River Valley Credit Union | 7.5% | 7.5% – 11.5% |
| Alcoa Community Federal Credit Union | 7.99% | 7.99% – 15.99% |
| Tru Federal Credit Union | 7.99% | 7.99% – 15.99% |
| Sandia Area Federal Credit Union | 8.49% | 8.49% – 17.99% |
| Magnolia Federal Credit Union | 8.75% | 8.75% – 18% |
| N A E Federal Credit Union | 8.99% | 8.99% – 16.99% |
| Landings Credit Union | 9.25% | 9.25% – 15.25% |
| Oklahoma Educators Credit Union | 9.49% | 9.49% – 18% |
| Destinations Credit Union | 9.5% | 9.5% – 19.5% |
| Dakotaland Federal Credit Union | 9.9% | 9.9% – 17.9% |
North Country Federal Credit Union · First American Credit Union · River Valley Credit Union · Alcoa Community Federal Credit Union · Tru Federal Credit Union · Sandia Area Federal Credit Union · Magnolia Federal Credit Union · N A E Federal Credit Union · Landings Credit Union · Oklahoma Educators Credit Union · Destinations Credit Union · Dakotaland Federal Credit Union
Frequently asked questions
What credit card APR can I get with a 720+ credit score?
For great credit (720+), the CFPB survey median purchase APR was 22.99% at large issuers and 15.24% at small banks and credit unions. The card quotes a range and places you within it based on your score; these are surveyed medians, not an offer.
Which issuers report the lowest APR for great credit (720+)?
Among issuers that reported a tier-specific rate, the lowest for great credit (720+) include North Country Federal Credit Union (7.45%), First American Credit Union (7.49%), River Valley Credit Union (7.5%), Alcoa Community Federal Credit Union (7.99%). Credit unions dominate the low end because federal credit unions are capped at an 18% APR.
How much can I save by improving my credit?
Moving from poor (28.49%) to great credit (22.99%) at a large issuer cut the median purchase APR by about 5.5 points. On a $5,000 balance that is roughly $275/yr in interest.
Other tiers
Sources & accuracy
CFPB Terms of Credit Card Plans (TCCP) Survey, U.S. public domain, CFPB TCCP survey, Jul-Dec 2025. Surveyed medians are not offers. See our methodology and disclaimer.
Last updated: 2026-06-29