Vanguard margin rates

Vanguard charges 10.75% a year on a $100,000 margin loan and 11.75% on $25,000, according to its published schedule, dated September 29, 2026 (schedule); base rate September 18, 2026. At $100,000 that is 12th lowest of the 14 brokers we compare.

On $25,000: 11.75%$2,938 a year · 12th lowest of 14
On $100,000: 10.75%$10,750 a year · 12th lowest of 14
On $500,000: –not published; the broker says to call
Vanguard base rate: 9.75%2026-09-18

The full schedule

Debit balance	Annual rate	How it is set
$0 to $19,999	12.250%	Base rate + 2.50%
$20,000 to $49,999	11.750%	Base rate + 2.00%
$50,000 to $99,999	11.250%	Base rate + 1.50%
$100,000 to $249,999	10.750%	Base rate + 1.00%
$250,000 to $499,999	10.250%	Base rate + 0.50%

The rate for the tier your balance falls in applies to the whole balance.

Worth knowing

This is Vanguard's standard schedule, for clients with under $1 million in qualifying assets; larger clients get lower schedules.

Maintenance requirement

Vanguard sets a house requirement of 35% for most marginable securities.

Check how far your account could fall at that requirement.

Source

Vanguard margin rates page: "Vanguard's base rate is 9.75%.". Schedule date: September 29, 2026 (schedule); base rate September 18, 2026. Checked 2026-10-24. Automated check October 24, 2026: every rate listed here still appears on the broker's page. Rates change without notice; the broker's own disclosure governs.