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Bank prime loan rate: history since 1955

On , the bank prime loan rate was 7.00%, down 0.25 percentage points from 7.25% on .

Bank prime loan rate

7.00%

unchanged from 1 October 2026

2 October 2026 · H.15

A year earlier

7.25%

2 October 2025

Last day it was higher

7.25%

29 October 2025

Last day it was lower

6.75%

16 September 2026

What has the bank prime loan rate been over time?

All rates by year

Bank prime loan rate, average of each month

%

Bank prime loan rate, average of each month0.0%10.0%20.0%30.0%August 1955March 1991October 2026Bank prime loan rate, average of each month0.0%10.0%20.0%30.0%August 1955March 1991October 2026

Source: Board of Governors of the Federal Reserve System, H.15 Selected Interest Rates. Observed .

The numbers behind this chart
Bank prime loan rate, average of each month, newest first (%)
MonthAverage
October 20267.00%
September 20266.86%
August 20266.75%
July 20266.75%
June 20266.75%
May 20266.75%
April 20266.75%
March 20266.75%
February 20266.75%
January 20266.75%
December 20256.84%
November 20257.00%
October 20257.23%
September 20257.38%
August 20257.50%
July 20257.50%
June 20257.50%
May 20257.50%
April 20257.50%
March 20257.50%
February 20257.50%
January 20257.50%
December 20247.65%
November 20247.81%
Show 831 more rows
Bank prime loan rate, average of each month, newest first (%) (continued)
MonthAverage
October 20248.00%
September 20248.30%
August 20248.50%
July 20248.50%
June 20248.50%
May 20248.50%
April 20248.50%
March 20248.50%
February 20248.50%
January 20248.50%
December 20238.50%
November 20238.50%
October 20238.50%
September 20238.50%
August 20238.50%
July 20238.29%
June 20238.25%
May 20238.22%
April 20238.00%
March 20237.83%
February 20237.74%
January 20237.50%
December 20227.26%
November 20226.92%
October 20226.25%
September 20225.74%
August 20225.50%
July 20224.82%
June 20224.36%
May 20223.93%
April 20223.50%
March 20223.37%
February 20223.25%
January 20223.25%
December 20213.25%
November 20213.25%
October 20213.25%
September 20213.25%
August 20213.25%
July 20213.25%
June 20213.25%
May 20213.25%
April 20213.25%
March 20213.25%
February 20213.25%
January 20213.25%
December 20203.25%
November 20203.25%
October 20203.25%
September 20203.25%
August 20203.25%
July 20203.25%
June 20203.25%
May 20203.25%
April 20203.25%
March 20203.75%
February 20204.75%
January 20204.75%
December 20194.75%
November 20194.75%
October 20194.99%
September 20195.15%
August 20195.25%
July 20195.50%
June 20195.50%
May 20195.50%
April 20195.50%
March 20195.50%
February 20195.50%
January 20195.50%
December 20185.34%
November 20185.25%
October 20185.25%
September 20185.03%
August 20185.00%
July 20185.00%
June 20184.89%
May 20184.75%
April 20184.75%
March 20184.58%
February 20184.50%
January 20184.50%
December 20174.39%
November 20174.25%
October 20174.25%
September 20174.25%
August 20174.25%
July 20174.25%
June 20174.14%
May 20174.00%
April 20174.00%
March 20173.88%
February 20173.75%
January 20173.75%
December 20163.63%
November 20163.50%
October 20163.50%
September 20163.50%
August 20163.50%
July 20163.50%
June 20163.50%
May 20163.50%
April 20163.50%
March 20163.50%
February 20163.50%
January 20163.50%
December 20153.36%
November 20153.25%
October 20153.25%
September 20153.25%
August 20153.25%
July 20153.25%
June 20153.25%
May 20153.25%
April 20153.25%
March 20153.25%
February 20153.25%
January 20153.25%
December 20143.25%
November 20143.25%
October 20143.25%
September 20143.25%
August 20143.25%
July 20143.25%
June 20143.25%
May 20143.25%
April 20143.25%
March 20143.25%
February 20143.25%
January 20143.25%
December 20133.25%
November 20133.25%
October 20133.25%
September 20133.25%
August 20133.25%
July 20133.25%
June 20133.25%
May 20133.25%
April 20133.25%
March 20133.25%
February 20133.25%
January 20133.25%
December 20123.25%
November 20123.25%
October 20123.25%
September 20123.25%
August 20123.25%
July 20123.25%
June 20123.25%
May 20123.25%
April 20123.25%
March 20123.25%
February 20123.25%
January 20123.25%
December 20113.25%
November 20113.25%
October 20113.25%
September 20113.25%
August 20113.25%
July 20113.25%
June 20113.25%
May 20113.25%
April 20113.25%
March 20113.25%
February 20113.25%
January 20113.25%
December 20103.25%
November 20103.25%
October 20103.25%
September 20103.25%
August 20103.25%
July 20103.25%
June 20103.25%
May 20103.25%
April 20103.25%
March 20103.25%
February 20103.25%
January 20103.25%
December 20093.25%
November 20093.25%
October 20093.25%
September 20093.25%
August 20093.25%
July 20093.25%
June 20093.25%
May 20093.25%
April 20093.25%
March 20093.25%
February 20093.25%
January 20093.25%
December 20083.61%
November 20084.00%
October 20084.55%
September 20085.00%
August 20085.00%
July 20085.00%
June 20085.00%
May 20085.00%
April 20085.24%
March 20085.64%
February 20086.00%
January 20086.92%
December 20077.32%
November 20077.50%
October 20077.74%
September 20078.01%
August 20078.25%
July 20078.25%
June 20078.25%
May 20078.25%
April 20078.25%
March 20078.25%
February 20078.25%
January 20078.25%
December 20068.25%
November 20068.25%
October 20068.25%
September 20068.25%
August 20068.25%
July 20068.25%
June 20068.02%
May 20067.92%
April 20067.75%
March 20067.54%
February 20067.50%
January 20067.26%
December 20057.15%
November 20057.00%
October 20056.75%
September 20056.61%
August 20056.43%
July 20056.25%
June 20056.01%
May 20055.99%
April 20055.75%
March 20055.59%
February 20055.49%
January 20055.25%
December 20045.15%
November 20044.92%
October 20044.75%
September 20044.60%
August 20044.43%
July 20044.25%
June 20044.01%
May 20044.00%
April 20044.00%
March 20044.00%
February 20044.00%
January 20044.00%
December 20034.00%
November 20034.00%
October 20034.00%
September 20034.00%
August 20034.00%
July 20034.00%
June 20034.23%
May 20034.25%
April 20034.25%
March 20034.25%
February 20034.25%
January 20034.25%
December 20024.25%
November 20024.35%
October 20024.75%
September 20024.75%
August 20024.75%
July 20024.75%
June 20024.75%
May 20024.75%
April 20024.75%
March 20024.75%
February 20024.75%
January 20024.75%
December 20014.84%
November 20015.10%
October 20015.55%
September 20016.26%
August 20016.66%
July 20016.75%
June 20016.98%
May 20017.25%
April 20017.81%
March 20018.32%
February 20018.50%
January 20019.05%
December 20009.50%
November 20009.50%
October 20009.50%
September 20009.50%
August 20009.50%
July 20009.50%
June 20009.50%
May 20009.23%
April 20009.00%
March 20008.84%
February 20008.72%
January 20008.50%
December 19998.50%
November 19998.36%
October 19998.25%
September 19998.25%
August 19998.06%
July 19998.00%
June 19997.75%
May 19997.75%
April 19997.75%
March 19997.75%
February 19997.75%
January 19997.75%
December 19987.75%
November 19987.89%
October 19988.12%
September 19988.49%
August 19988.50%
July 19988.50%
June 19988.50%
May 19988.50%
April 19988.50%
March 19988.50%
February 19988.50%
January 19988.50%
December 19978.50%
November 19978.50%
October 19978.50%
September 19978.50%
August 19978.50%
July 19978.50%
June 19978.50%
May 19978.50%
April 19978.50%
March 19978.30%
February 19978.25%
January 19978.25%
December 19968.25%
November 19968.25%
October 19968.25%
September 19968.25%
August 19968.25%
July 19968.25%
June 19968.25%
May 19968.25%
April 19968.25%
March 19968.25%
February 19968.25%
January 19968.50%
December 19958.66%
November 19958.75%
October 19958.75%
September 19958.75%
August 19958.75%
July 19958.79%
June 19959.00%
May 19959.00%
April 19959.00%
March 19959.00%
February 19959.00%
January 19958.50%
December 19948.50%
November 19948.16%
October 19947.75%
September 19947.75%
August 19947.51%
July 19947.25%
June 19947.25%
May 19946.99%
April 19946.45%
March 19946.07%
February 19946.00%
January 19946.00%
December 19936.00%
November 19936.00%
October 19936.00%
September 19936.00%
August 19936.00%
July 19936.00%
June 19936.00%
May 19936.00%
April 19936.00%
March 19936.00%
February 19936.00%
January 19936.00%
December 19926.00%
November 19926.00%
October 19926.00%
September 19926.00%
August 19926.00%
July 19926.02%
June 19926.50%
May 19926.50%
April 19926.50%
March 19926.50%
February 19926.50%
January 19926.50%
December 19917.21%
November 19917.58%
October 19918.00%
September 19918.20%
August 19918.50%
July 19918.50%
June 19918.50%
May 19918.50%
April 19919.00%
March 19919.00%
February 19919.03%
January 19919.50%
December 199010.00%
November 199010.00%
October 199010.00%
September 199010.00%
August 199010.00%
July 199010.00%
June 199010.00%
May 199010.00%
April 199010.00%
March 199010.00%
February 199010.00%
January 199010.10%
December 198910.50%
November 198910.50%
October 198910.50%
September 198910.50%
August 198910.50%
July 198910.98%
June 198911.05%
May 198911.50%
April 198911.50%
March 198911.50%
February 198910.89%
January 198910.50%
December 198810.50%
November 198810.08%
October 198810.00%
September 198810.00%
August 19889.83%
July 19889.30%
June 19889.00%
May 19888.83%
April 19888.50%
March 19888.50%
February 19888.51%
January 19888.75%
December 19878.75%
November 19878.79%
October 19879.07%
September 19878.68%
August 19878.25%
July 19878.25%
June 19878.25%
May 19878.12%
April 19877.75%
March 19877.50%
February 19877.50%
January 19877.50%
December 19867.50%
November 19867.50%
October 19867.50%
September 19867.50%
August 19867.90%
July 19868.16%
June 19868.50%
May 19868.50%
April 19868.82%
March 19869.10%
February 19869.50%
January 19869.50%
December 19859.50%
November 19859.50%
October 19859.50%
September 19859.50%
August 19859.50%
July 19859.50%
June 19859.78%
May 198510.30%
April 198510.50%
March 198510.50%
February 198510.50%
January 198510.60%
December 198411.08%
November 198411.75%
October 198412.57%
September 198412.97%
August 198413.00%
July 198413.00%
June 198412.62%
May 198412.39%
April 198411.92%
March 198411.23%
February 198411.00%
January 198411.00%
December 198311.00%
November 198311.00%
October 198311.00%
September 198311.00%
August 198310.89%
July 198310.50%
June 198310.50%
May 198310.50%
April 198310.50%
March 198310.50%
February 198310.97%
January 198311.14%
December 198211.50%
November 198211.85%
October 198212.50%
September 198213.50%
August 198214.34%
July 198216.24%
June 198216.50%
May 198216.50%
April 198216.50%
March 198216.50%
February 198216.54%
January 198215.75%
December 198115.75%
November 198116.86%
October 198118.38%
September 198120.05%
August 198120.50%
July 198120.41%
June 198120.05%
May 198119.62%
April 198117.17%
March 198118.02%
February 198119.39%
January 198120.12%
December 198020.24%
November 198016.00%
October 198013.82%
September 198012.23%
August 198011.11%
July 198011.45%
June 198012.68%
May 198016.73%
April 198019.77%
March 198018.32%
February 198015.66%
January 198015.25%
December 197915.30%
November 197915.55%
October 197914.39%
September 197912.88%
August 197911.92%
July 197911.53%
June 197911.64%
May 197911.75%
April 197911.75%
March 197911.75%
February 197911.75%
January 197911.75%
December 197811.55%
November 197810.94%
October 19789.93%
September 19789.40%
August 19789.01%
July 19789.00%
June 19788.64%
May 19788.25%
April 19788.00%
March 19788.00%
February 19788.00%
January 19787.93%
December 19777.75%
November 19777.75%
October 19777.52%
September 19777.12%
August 19776.84%
July 19776.75%
June 19776.75%
May 19776.41%
April 19776.25%
March 19776.25%
February 19776.25%
January 19776.25%
December 19766.34%
November 19766.50%
October 19766.76%
September 19767.00%
August 19767.00%
July 19767.25%
June 19767.20%
May 19766.75%
April 19766.75%
March 19766.75%
February 19766.75%
January 19766.99%
December 19757.26%
November 19757.52%
October 19757.95%
September 19757.89%
August 19757.67%
July 19757.15%
June 19757.06%
May 19757.40%
April 19757.50%
March 19757.89%
February 19758.89%
January 197510.02%
December 197410.50%
November 197410.81%
October 197411.65%
September 197412.00%
August 197412.00%
July 197411.96%
June 197411.54%
May 197411.25%
April 19749.98%
March 19748.83%
February 19749.18%
January 19749.72%
December 19739.75%
November 19739.75%
October 19739.93%
September 19739.86%
August 19739.26%
July 19738.32%
June 19737.50%
May 19737.01%
April 19736.61%
March 19736.31%
February 19736.02%
January 19736.00%
December 19725.79%
November 19725.75%
October 19725.73%
September 19725.50%
August 19725.28%
July 19725.25%
June 19725.06%
May 19725.00%
April 19724.98%
March 19724.75%
February 19724.75%
January 19725.17%
December 19715.49%
November 19715.53%
October 19715.90%
September 19716.00%
August 19716.00%
July 19715.92%
June 19715.50%
May 19715.47%
April 19715.29%
March 19715.46%
February 19715.89%
January 19716.29%
December 19706.91%
November 19707.27%
October 19707.50%
September 19707.82%
August 19708.00%
July 19708.00%
June 19708.00%
May 19708.00%
April 19708.00%
March 19708.39%
February 19708.50%
January 19708.50%
December 19698.50%
November 19698.50%
October 19698.50%
September 19698.50%
August 19698.50%
July 19698.50%
June 19698.26%
May 19697.50%
April 19697.50%
March 19697.26%
February 19697.00%
January 19696.96%
December 19686.61%
November 19686.25%
October 19686.25%
September 19686.45%
August 19686.50%
July 19686.50%
June 19686.50%
May 19686.50%
April 19686.18%
March 19686.00%
February 19686.00%
January 19686.00%
December 19676.00%
November 19675.70%
October 19675.50%
September 19675.50%
August 19675.50%
July 19675.50%
June 19675.50%
May 19675.50%
April 19675.50%
March 19675.70%
February 19675.75%
January 19675.97%
December 19666.00%
November 19666.00%
October 19666.00%
September 19666.00%
August 19665.88%
July 19665.75%
June 19665.52%
May 19665.50%
April 19665.50%
March 19665.35%
February 19665.00%
January 19665.00%
December 19654.93%
November 19654.50%
October 19654.50%
September 19654.50%
August 19654.50%
July 19654.50%
June 19654.50%
May 19654.50%
April 19654.50%
March 19654.50%
February 19654.50%
January 19654.50%
December 19644.50%
November 19644.50%
October 19644.50%
September 19644.50%
August 19644.50%
July 19644.50%
June 19644.50%
May 19644.50%
April 19644.50%
March 19644.50%
February 19644.50%
January 19644.50%
December 19634.50%
November 19634.50%
October 19634.50%
September 19634.50%
August 19634.50%
July 19634.50%
June 19634.50%
May 19634.50%
April 19634.50%
March 19634.50%
February 19634.50%
January 19634.50%
December 19624.50%
November 19624.50%
October 19624.50%
September 19624.50%
August 19624.50%
July 19624.50%
June 19624.50%
May 19624.50%
April 19624.50%
March 19624.50%
February 19624.50%
January 19624.50%
December 19614.50%
November 19614.50%
October 19614.50%
September 19614.50%
August 19614.50%
July 19614.50%
June 19614.50%
May 19614.50%
April 19614.50%
March 19614.50%
February 19614.50%
January 19614.50%
December 19604.50%
November 19604.50%
October 19604.50%
September 19604.50%
August 19604.85%
July 19605.00%
June 19605.00%
May 19605.00%
April 19605.00%
March 19605.00%
February 19605.00%
January 19605.00%
December 19595.00%
November 19595.00%
October 19595.00%
September 19595.00%
August 19594.50%
July 19594.50%
June 19594.50%
May 19594.24%
April 19594.00%
March 19594.00%
February 19594.00%
January 19594.00%
December 19584.00%
November 19584.00%
October 19584.00%
September 19583.82%
August 19583.50%
July 19583.50%
June 19583.50%
May 19583.50%
April 19583.82%
March 19584.00%
February 19584.00%
January 19584.33%
December 19574.50%
November 19574.50%
October 19574.50%
September 19574.50%
August 19574.43%
July 19574.00%
June 19574.00%
May 19574.00%
April 19574.00%
March 19574.00%
February 19574.00%
January 19574.00%
December 19564.00%
November 19564.00%
October 19564.00%
September 19564.00%
August 19563.85%
July 19563.75%
June 19563.75%
May 19563.75%
April 19563.64%
March 19563.50%
February 19563.50%
January 19563.50%
December 19553.50%
November 19553.50%
October 19553.39%
September 19553.25%
August 19553.25%

Each year: average, high and low

Bank prime loan rate by calendar year, newest first (%)
YearAverageHighHigh onLowLow onLast value
20266.77%7.00%6.75%7.00%
20257.37%7.50%6.75%6.75%
20248.31%8.50%7.50%7.50%
20238.20%8.50%7.50%8.50%
20224.85%7.50%3.25%7.50%
20213.25%3.25%3.25%3.25%
20203.53%4.75%3.25%3.25%
20195.29%5.50%4.75%4.75%
20184.90%5.50%4.50%5.50%
20174.10%4.50%3.75%4.50%
20163.51%3.75%3.50%3.75%
20153.26%3.50%3.25%3.50%
20143.25%3.25%3.25%3.25%
20133.25%3.25%3.25%3.25%
20123.25%3.25%3.25%3.25%
20113.25%3.25%3.25%3.25%
20103.25%3.25%3.25%3.25%
20093.25%3.25%3.25%3.25%
20085.07%7.25%3.25%3.25%
20078.05%8.25%7.25%7.25%
Show 52 more rows
Bank prime loan rate by calendar year, newest first (%) (continued)
YearAverageHighHigh onLowLow onLast value
20067.96%8.25%7.25%8.25%
20056.19%7.25%5.25%7.25%
20044.34%5.25%4.00%5.25%
20034.12%4.25%4.00%4.00%
20024.68%4.75%4.25%4.25%
20016.94%9.50%4.75%4.75%
20009.24%9.50%8.50%9.50%
19998.00%8.50%7.75%8.50%
19988.36%8.50%7.75%7.75%
19978.44%8.50%8.25%8.50%
19968.27%8.50%8.25%8.25%
19958.83%9.00%8.50%8.50%
19947.14%8.50%6.00%8.50%
19936.00%6.00%6.00%6.00%
19926.25%6.50%6.00%6.00%
19918.46%9.50%6.50%6.50%
199010.01%10.50%10.00%10.00%
198910.87%11.50%10.50%10.50%
19889.32%10.50%8.50%10.50%
19878.20%9.25%7.50%8.75%
19868.32%9.50%7.50%7.50%
19859.93%10.75%9.50%9.50%
198412.06%13.00%10.75%10.75%
198310.79%11.50%10.50%11.00%
198214.85%17.00%11.50%11.50%
198118.86%20.50%15.75%15.75%
198015.28%21.50%11.00%21.50%
197912.66%15.75%11.50%15.25%
19789.05%11.75%7.75%11.75%
19776.83%7.75%6.25%7.75%
19766.84%7.25%6.25%6.25%
19757.85%10.50%7.00%7.25%
197410.80%12.00%8.75%10.50%
19738.03%10.00%6.00%9.75%
19725.25%6.00%4.75%6.00%
19715.72%6.75%5.25%5.25%
19707.90%8.50%6.75%6.75%
19697.96%8.50%6.75%8.50%
19686.31%6.75%6.00%6.75%
19675.63%6.00%5.50%6.00%
19665.63%6.00%5.00%6.00%
19654.54%5.00%4.50%5.00%
19644.50%4.50%4.50%4.50%
19634.50%4.50%4.50%4.50%
19624.50%4.50%4.50%4.50%
19614.50%4.50%4.50%4.50%
19604.82%5.00%4.50%4.50%
19594.48%5.00%4.00%5.00%
19583.83%4.50%3.50%4.00%
19574.20%4.50%4.00%4.50%
19563.77%4.00%3.50%4.00%
19553.38%3.50%3.25%3.50%

The table scrolls sideways; the first column stays in place.

The last 30 business days

Bank prime loan rate each business day, newest first (%)
DateRate
7.00%
7.00%
7.00%
7.00%
7.00%
7.00%
7.00%
7.00%
7.00%
7.00%
Show 20 more rows
Bank prime loan rate each business day, newest first (%) (continued)
DateRate
7.00%
7.00%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%
6.75%

How this is measured

The values are the Federal Reserve Board's H.15 series "Prime rate" as published for each business day. Yearly and monthly averages, highs, lows and changes are computed by 500metrics from those values: an average is the plain mean of the business days with a value, rounded to two decimals; a high or low is the first day of the year with that value.

What this number cannot tell you
  • Business days only: days with no value (weekends, holidays) are not counted.
  • A month's average hides the moves inside the month; the last 30 days are shown day by day.
Observed
Checked by us
Sources and licence

Sources and licence

  • Board of Governors of the Federal Reserve System, H.15 Selected Interest Rates (source). Licence: Public domain, a work of the US federal government

Our text and compilation: CC BY 4.0. How to reuse and cite this page.