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Rates

Bank Prime Loan Rate

The rate banks charge their most creditworthy customers. Credit cards, HELOCs and many personal loans are priced as prime plus a margin.

6.75%+0.00%Reading dated 2026-09-09 · Federal Reserve data
Week change
0.00 pts
Month change
0.00 pts
Year change
−0.75 pts
12-month range
6.75–7.50%
Where it stands

The bank prime loan rate has barely moved over the past month, holding near 6.75%.

That is 0.75 percentage points below where it stood a year ago.

Today's reading sits at the bottom of its 12-month range of 6.75% to 7.50%.

What it means in money

Most credit cards price at prime plus a margin, so at 6.75% a card at prime plus 14 points charges about 20.75%.

Run your own numbersCredit card payoff calculatorHow long your balance takes to clear, and what the interest really costs.
Terms on this page
Prime rate
Common questions
What is the bank prime loan rate today?
The bank prime loan rate is 6.75%, based on the latest Federal Reserve data.
How often does the bank prime loan rate change?
We refresh this figure daily from Federal Reserve Economic Data. The underlying series itself updates daily, weekly or monthly depending on the rate.
Is this the rate I will be offered?
No. This is a national average. The rate you are quoted depends on your credit profile, the loan term, your down payment and the individual lender.
Other rates
30-Year Fixed Mortgage Rate6.76%15-Year Fixed Mortgage Rate6.09%National Average Savings Account Rate0.38%Average Credit Card Interest Rate20.94%Federal Funds Rate3.63%10-Year Treasury Yield4.95%

Source: Federal Reserve Economic Data, series DPRIME. National average, not a personalised quote.