Prime Rate
6.75 for Jul 2026Prime Rate came in at 6.75 (Percent) for Jul 2026, unchanged from 6.75 the prior month and 10.00% below its level of 7.5 one year ago. The series has averaged 6.5 since 1949, reaching a record high of 20.5 in August 1981 and a record low of 2 in August 1950.
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<iframe src="https://marketxls.com/embed/indicators/prime-rate" width="100%" height="460" frameborder="0" title="Prime Rate chart"></iframe>Historical Data
| Observation date | Value |
|---|---|
| July 1, 2026 | 6.75 |
| June 1, 2026 | 6.75 |
| May 1, 2026 | 6.75 |
| April 1, 2026 | 6.75 |
| March 1, 2026 | 6.75 |
| February 1, 2026 | 6.75 |
| January 1, 2026 | 6.75 |
| December 1, 2025 | 6.83 |
| November 1, 2025 | 7 |
| October 1, 2025 | 7.23 |
| September 1, 2025 | 7.38 |
| August 1, 2025 | 7.5 |
| July 1, 2025 | 7.5 |
| June 1, 2025 | 7.5 |
| May 1, 2025 | 7.5 |
| April 1, 2025 | 7.5 |
| March 1, 2025 | 7.5 |
| February 1, 2025 | 7.5 |
| January 1, 2025 | 7.5 |
| December 1, 2024 | 7.65 |
| November 1, 2024 | 7.81 |
| October 1, 2024 | 8 |
| September 1, 2024 | 8.3 |
| August 1, 2024 | 8.5 |
| July 1, 2024 | 8.5 |
| June 1, 2024 | 8.5 |
| May 1, 2024 | 8.5 |
| April 1, 2024 | 8.5 |
| March 1, 2024 | 8.5 |
| February 1, 2024 | 8.5 |
| January 1, 2024 | 8.5 |
| December 1, 2023 | 8.5 |
| November 1, 2023 | 8.5 |
| October 1, 2023 | 8.5 |
| September 1, 2023 | 8.5 |
| August 1, 2023 | 8.5 |
| July 1, 2023 | 8.29 |
| June 1, 2023 | 8.25 |
| May 1, 2023 | 8.23 |
| April 1, 2023 | 8 |
| March 1, 2023 | 7.82 |
| February 1, 2023 | 7.74 |
| January 1, 2023 | 7.5 |
| December 1, 2022 | 7.27 |
| November 1, 2022 | 6.95 |
| October 1, 2022 | 6.25 |
| September 1, 2022 | 5.73 |
| August 1, 2022 | 5.5 |
| July 1, 2022 | 4.85 |
| June 1, 2022 | 4.38 |
| May 1, 2022 | 3.94 |
| April 1, 2022 | 3.5 |
| March 1, 2022 | 3.37 |
| February 1, 2022 | 3.25 |
| January 1, 2022 | 3.25 |
| December 1, 2021 | 3.25 |
| November 1, 2021 | 3.25 |
| October 1, 2021 | 3.25 |
| September 1, 2021 | 3.25 |
| August 1, 2021 | 3.25 |
| July 1, 2021 | 3.25 |
| June 1, 2021 | 3.25 |
| May 1, 2021 | 3.25 |
| April 1, 2021 | 3.25 |
| March 1, 2021 | 3.25 |
| February 1, 2021 | 3.25 |
| January 1, 2021 | 3.25 |
| December 1, 2020 | 3.25 |
| November 1, 2020 | 3.25 |
| October 1, 2020 | 3.25 |
| September 1, 2020 | 3.25 |
| August 1, 2020 | 3.25 |
| July 1, 2020 | 3.25 |
| June 1, 2020 | 3.25 |
| May 1, 2020 | 3.25 |
| April 1, 2020 | 3.25 |
| March 1, 2020 | 3.78 |
| February 1, 2020 | 4.75 |
| January 1, 2020 | 4.75 |
| December 1, 2019 | 4.75 |
| November 1, 2019 | 4.75 |
| October 1, 2019 | 4.99 |
| September 1, 2019 | 5.15 |
| August 1, 2019 | 5.25 |
| July 1, 2019 | 5.5 |
| June 1, 2019 | 5.5 |
| May 1, 2019 | 5.5 |
| April 1, 2019 | 5.5 |
| March 1, 2019 | 5.5 |
| February 1, 2019 | 5.5 |
| January 1, 2019 | 5.5 |
| December 1, 2018 | 5.35 |
| November 1, 2018 | 5.25 |
| October 1, 2018 | 5.25 |
| September 1, 2018 | 5.03 |
| August 1, 2018 | 5 |
| July 1, 2018 | 5 |
| June 1, 2018 | 4.89 |
| May 1, 2018 | 4.75 |
| April 1, 2018 | 4.75 |
| March 1, 2018 | 4.58 |
| February 1, 2018 | 4.5 |
| January 1, 2018 | 4.5 |
| December 1, 2017 | 4.4 |
| November 1, 2017 | 4.25 |
| October 1, 2017 | 4.25 |
| September 1, 2017 | 4.25 |
| August 1, 2017 | 4.25 |
| July 1, 2017 | 4.25 |
| June 1, 2017 | 4.13 |
| May 1, 2017 | 4 |
| April 1, 2017 | 4 |
| March 1, 2017 | 3.88 |
| February 1, 2017 | 3.75 |
| January 1, 2017 | 3.75 |
| December 1, 2016 | 3.64 |
| November 1, 2016 | 3.5 |
| October 1, 2016 | 3.5 |
| September 1, 2016 | 3.5 |
| August 1, 2016 | 3.5 |
| July 1, 2016 | 3.5 |
| June 1, 2016 | 3.5 |
| May 1, 2016 | 3.5 |
| April 1, 2016 | 3.5 |
| March 1, 2016 | 3.5 |
| February 1, 2016 | 3.5 |
| January 1, 2016 | 3.5 |
| December 1, 2015 | 3.37 |
| November 1, 2015 | 3.25 |
| October 1, 2015 | 3.25 |
| September 1, 2015 | 3.25 |
| August 1, 2015 | 3.25 |
| July 1, 2015 | 3.25 |
| June 1, 2015 | 3.25 |
| May 1, 2015 | 3.25 |
| April 1, 2015 | 3.25 |
| March 1, 2015 | 3.25 |
| February 1, 2015 | 3.25 |
| January 1, 2015 | 3.25 |
| December 1, 2014 | 3.25 |
| November 1, 2014 | 3.25 |
| October 1, 2014 | 3.25 |
| September 1, 2014 | 3.25 |
| August 1, 2014 | 3.25 |
| July 1, 2014 | 3.25 |
| June 1, 2014 | 3.25 |
| May 1, 2014 | 3.25 |
| April 1, 2014 | 3.25 |
| March 1, 2014 | 3.25 |
| February 1, 2014 | 3.25 |
| January 1, 2014 | 3.25 |
| December 1, 2013 | 3.25 |
| November 1, 2013 | 3.25 |
| October 1, 2013 | 3.25 |
| September 1, 2013 | 3.25 |
| August 1, 2013 | 3.25 |
| July 1, 2013 | 3.25 |
| June 1, 2013 | 3.25 |
| May 1, 2013 | 3.25 |
| April 1, 2013 | 3.25 |
| March 1, 2013 | 3.25 |
| February 1, 2013 | 3.25 |
| January 1, 2013 | 3.25 |
| December 1, 2012 | 3.25 |
| November 1, 2012 | 3.25 |
| October 1, 2012 | 3.25 |
| September 1, 2012 | 3.25 |
| August 1, 2012 | 3.25 |
| July 1, 2012 | 3.25 |
| June 1, 2012 | 3.25 |
| May 1, 2012 | 3.25 |
| April 1, 2012 | 3.25 |
| March 1, 2012 | 3.25 |
| February 1, 2012 | 3.25 |
| January 1, 2012 | 3.25 |
| December 1, 2011 | 3.25 |
| November 1, 2011 | 3.25 |
| October 1, 2011 | 3.25 |
| September 1, 2011 | 3.25 |
| August 1, 2011 | 3.25 |
| July 1, 2011 | 3.25 |
| June 1, 2011 | 3.25 |
| May 1, 2011 | 3.25 |
| April 1, 2011 | 3.25 |
| March 1, 2011 | 3.25 |
| February 1, 2011 | 3.25 |
| January 1, 2011 | 3.25 |
| December 1, 2010 | 3.25 |
| November 1, 2010 | 3.25 |
| October 1, 2010 | 3.25 |
| September 1, 2010 | 3.25 |
| August 1, 2010 | 3.25 |
| July 1, 2010 | 3.25 |
| June 1, 2010 | 3.25 |
| May 1, 2010 | 3.25 |
| April 1, 2010 | 3.25 |
| March 1, 2010 | 3.25 |
| February 1, 2010 | 3.25 |
| January 1, 2010 | 3.25 |
| December 1, 2009 | 3.25 |
| November 1, 2009 | 3.25 |
| October 1, 2009 | 3.25 |
| September 1, 2009 | 3.25 |
| August 1, 2009 | 3.25 |
| July 1, 2009 | 3.25 |
| June 1, 2009 | 3.25 |
| May 1, 2009 | 3.25 |
| April 1, 2009 | 3.25 |
| March 1, 2009 | 3.25 |
| February 1, 2009 | 3.25 |
| January 1, 2009 | 3.25 |
| December 1, 2008 | 3.61 |
| November 1, 2008 | 4 |
| October 1, 2008 | 4.56 |
| September 1, 2008 | 5 |
| August 1, 2008 | 5 |
| July 1, 2008 | 5 |
| June 1, 2008 | 5 |
| May 1, 2008 | 5 |
| April 1, 2008 | 5.24 |
| March 1, 2008 | 5.66 |
| February 1, 2008 | 6 |
| January 1, 2008 | 6.98 |
| December 1, 2007 | 7.33 |
| November 1, 2007 | 7.5 |
| October 1, 2007 | 7.74 |
| September 1, 2007 | 8.03 |
| August 1, 2007 | 8.25 |
| July 1, 2007 | 8.25 |
| June 1, 2007 | 8.25 |
| May 1, 2007 | 8.25 |
| April 1, 2007 | 8.25 |
| March 1, 2007 | 8.25 |
| February 1, 2007 | 8.25 |
| January 1, 2007 | 8.25 |
| December 1, 2006 | 8.25 |
| November 1, 2006 | 8.25 |
| October 1, 2006 | 8.25 |
| September 1, 2006 | 8.25 |
| August 1, 2006 | 8.25 |
| July 1, 2006 | 8.25 |
| June 1, 2006 | 8.02 |
| May 1, 2006 | 7.93 |
| April 1, 2006 | 7.75 |
| March 1, 2006 | 7.53 |
| February 1, 2006 | 7.5 |
| January 1, 2006 | 7.26 |
| December 1, 2005 | 7.15 |
| November 1, 2005 | 7 |
| October 1, 2005 | 6.75 |
| September 1, 2005 | 6.59 |
| August 1, 2005 | 6.44 |
| July 1, 2005 | 6.25 |
| June 1, 2005 | 6.01 |
| May 1, 2005 | 5.98 |
| April 1, 2005 | 5.75 |
| March 1, 2005 | 5.58 |
| February 1, 2005 | 5.49 |
| January 1, 2005 | 5.25 |
| December 1, 2004 | 5.15 |
| November 1, 2004 | 4.93 |
| October 1, 2004 | 4.75 |
| September 1, 2004 | 4.58 |
| August 1, 2004 | 4.43 |
| July 1, 2004 | 4.25 |
| June 1, 2004 | 4.01 |
| May 1, 2004 | 4 |
| April 1, 2004 | 4 |
| March 1, 2004 | 4 |
| February 1, 2004 | 4 |
| January 1, 2004 | 4 |
| December 1, 2003 | 4 |
| November 1, 2003 | 4 |
| October 1, 2003 | 4 |
| September 1, 2003 | 4 |
| August 1, 2003 | 4 |
| July 1, 2003 | 4 |
| June 1, 2003 | 4.22 |
| May 1, 2003 | 4.25 |
| April 1, 2003 | 4.25 |
| March 1, 2003 | 4.25 |
| February 1, 2003 | 4.25 |
| January 1, 2003 | 4.25 |
| December 1, 2002 | 4.25 |
| November 1, 2002 | 4.35 |
| October 1, 2002 | 4.75 |
| September 1, 2002 | 4.75 |
| August 1, 2002 | 4.75 |
| July 1, 2002 | 4.75 |
| June 1, 2002 | 4.75 |
| May 1, 2002 | 4.75 |
| April 1, 2002 | 4.75 |
| March 1, 2002 | 4.75 |
| February 1, 2002 | 4.75 |
| January 1, 2002 | 4.75 |
| December 1, 2001 | 4.84 |
| November 1, 2001 | 5.1 |
| October 1, 2001 | 5.53 |
| September 1, 2001 | 6.28 |
| August 1, 2001 | 6.67 |
| July 1, 2001 | 6.75 |
| June 1, 2001 | 6.98 |
| May 1, 2001 | 7.24 |
| April 1, 2001 | 7.8 |
| March 1, 2001 | 8.32 |
| February 1, 2001 | 8.5 |
| January 1, 2001 | 9.05 |
| December 1, 2000 | 9.5 |
| November 1, 2000 | 9.5 |
| October 1, 2000 | 9.5 |
| September 1, 2000 | 9.5 |
| August 1, 2000 | 9.5 |
| July 1, 2000 | 9.5 |
| June 1, 2000 | 9.5 |
| May 1, 2000 | 9.24 |
| April 1, 2000 | 9 |
| March 1, 2000 | 8.83 |
| February 1, 2000 | 8.73 |
| January 1, 2000 | 8.5 |
| December 1, 1999 | 8.5 |
| November 1, 1999 | 8.37 |
| October 1, 1999 | 8.25 |
| September 1, 1999 | 8.25 |
| August 1, 1999 | 8.06 |
| July 1, 1999 | 8 |
| June 1, 1999 | 7.75 |
| May 1, 1999 | 7.75 |
| April 1, 1999 | 7.75 |
| March 1, 1999 | 7.75 |
| February 1, 1999 | 7.75 |
| January 1, 1999 | 7.75 |
| December 1, 1998 | 7.75 |
| November 1, 1998 | 7.89 |
| October 1, 1998 | 8.12 |
| September 1, 1998 | 8.49 |
| August 1, 1998 | 8.5 |
| July 1, 1998 | 8.5 |
| June 1, 1998 | 8.5 |
| May 1, 1998 | 8.5 |
| April 1, 1998 | 8.5 |
| March 1, 1998 | 8.5 |
| February 1, 1998 | 8.5 |
| January 1, 1998 | 8.5 |
| December 1, 1997 | 8.5 |
| November 1, 1997 | 8.5 |
| October 1, 1997 | 8.5 |
| September 1, 1997 | 8.5 |
| August 1, 1997 | 8.5 |
| July 1, 1997 | 8.5 |
| June 1, 1997 | 8.5 |
| May 1, 1997 | 8.5 |
| April 1, 1997 | 8.5 |
| March 1, 1997 | 8.3 |
| February 1, 1997 | 8.25 |
| January 1, 1997 | 8.25 |
| December 1, 1996 | 8.25 |
| November 1, 1996 | 8.25 |
| October 1, 1996 | 8.25 |
| September 1, 1996 | 8.25 |
| August 1, 1996 | 8.25 |
| July 1, 1996 | 8.25 |
| June 1, 1996 | 8.25 |
| May 1, 1996 | 8.25 |
| April 1, 1996 | 8.25 |
| March 1, 1996 | 8.25 |
| February 1, 1996 | 8.25 |
| January 1, 1996 | 8.5 |
| December 1, 1995 | 8.65 |
| November 1, 1995 | 8.75 |
| October 1, 1995 | 8.75 |
| September 1, 1995 | 8.75 |
| August 1, 1995 | 8.75 |
| July 1, 1995 | 8.8 |
| June 1, 1995 | 9 |
| May 1, 1995 | 9 |
| April 1, 1995 | 9 |
| March 1, 1995 | 9 |
| February 1, 1995 | 9 |
| January 1, 1995 | 8.5 |
| December 1, 1994 | 8.5 |
| November 1, 1994 | 8.15 |
| October 1, 1994 | 7.75 |
| September 1, 1994 | 7.75 |
| August 1, 1994 | 7.51 |
| July 1, 1994 | 7.25 |
| June 1, 1994 | 7.25 |
| May 1, 1994 | 6.99 |
| April 1, 1994 | 6.45 |
| March 1, 1994 | 6.06 |
| February 1, 1994 | 6 |
| January 1, 1994 | 6 |
| December 1, 1993 | 6 |
| November 1, 1993 | 6 |
| October 1, 1993 | 6 |
| September 1, 1993 | 6 |
| August 1, 1993 | 6 |
| July 1, 1993 | 6 |
| June 1, 1993 | 6 |
| May 1, 1993 | 6 |
| April 1, 1993 | 6 |
| March 1, 1993 | 6 |
| February 1, 1993 | 6 |
| January 1, 1993 | 6 |
| December 1, 1992 | 6 |
| November 1, 1992 | 6 |
| October 1, 1992 | 6 |
| September 1, 1992 | 6 |
| August 1, 1992 | 6 |
| July 1, 1992 | 6.02 |
| June 1, 1992 | 6.5 |
| May 1, 1992 | 6.5 |
| April 1, 1992 | 6.5 |
| March 1, 1992 | 6.5 |
| February 1, 1992 | 6.5 |
| January 1, 1992 | 6.5 |
| December 1, 1991 | 7.21 |
| November 1, 1991 | 7.58 |
| October 1, 1991 | 8 |
| September 1, 1991 | 8.2 |
| August 1, 1991 | 8.5 |
| July 1, 1991 | 8.5 |
| June 1, 1991 | 8.5 |
| May 1, 1991 | 8.5 |
| April 1, 1991 | 9 |
| March 1, 1991 | 9 |
| February 1, 1991 | 9.05 |
| January 1, 1991 | 9.52 |
| December 1, 1990 | 10 |
| November 1, 1990 | 10 |
| October 1, 1990 | 10 |
| September 1, 1990 | 10 |
| August 1, 1990 | 10 |
| July 1, 1990 | 10 |
| June 1, 1990 | 10 |
| May 1, 1990 | 10 |
| April 1, 1990 | 10 |
| March 1, 1990 | 10 |
| February 1, 1990 | 10 |
| January 1, 1990 | 10.11 |
| December 1, 1989 | 10.5 |
| November 1, 1989 | 10.5 |
| October 1, 1989 | 10.5 |
| September 1, 1989 | 10.5 |
| August 1, 1989 | 10.5 |
| July 1, 1989 | 10.98 |
| June 1, 1989 | 11.07 |
| May 1, 1989 | 11.5 |
| April 1, 1989 | 11.5 |
| March 1, 1989 | 11.5 |
| February 1, 1989 | 10.93 |
| January 1, 1989 | 10.5 |
| December 1, 1988 | 10.5 |
| November 1, 1988 | 10.05 |
| October 1, 1988 | 10 |
| September 1, 1988 | 10 |
| August 1, 1988 | 9.84 |
| July 1, 1988 | 9.29 |
| June 1, 1988 | 9 |
| May 1, 1988 | 8.84 |
| April 1, 1988 | 8.5 |
| March 1, 1988 | 8.5 |
| February 1, 1988 | 8.51 |
| January 1, 1988 | 8.75 |
| December 1, 1987 | 8.75 |
| November 1, 1987 | 8.78 |
| October 1, 1987 | 9.07 |
| September 1, 1987 | 8.7 |
| August 1, 1987 | 8.25 |
| July 1, 1987 | 8.25 |
| June 1, 1987 | 8.25 |
| May 1, 1987 | 8.14 |
| April 1, 1987 | 7.75 |
| March 1, 1987 | 7.5 |
| February 1, 1987 | 7.5 |
| January 1, 1987 | 7.5 |
| December 1, 1986 | 7.5 |
| November 1, 1986 | 7.5 |
| October 1, 1986 | 7.5 |
| September 1, 1986 | 7.5 |
| August 1, 1986 | 7.9 |
| July 1, 1986 | 8.16 |
| June 1, 1986 | 8.5 |
| May 1, 1986 | 8.5 |
| April 1, 1986 | 8.83 |
| March 1, 1986 | 9.1 |
| February 1, 1986 | 9.5 |
| January 1, 1986 | 9.5 |
| December 1, 1985 | 9.5 |
| November 1, 1985 | 9.5 |
| October 1, 1985 | 9.5 |
| September 1, 1985 | 9.5 |
| August 1, 1985 | 9.5 |
| July 1, 1985 | 9.5 |
| June 1, 1985 | 9.78 |
| May 1, 1985 | 10.31 |
| April 1, 1985 | 10.5 |
| March 1, 1985 | 10.5 |
| February 1, 1985 | 10.5 |
| January 1, 1985 | 10.61 |
| December 1, 1984 | 11.06 |
| November 1, 1984 | 11.77 |
| October 1, 1984 | 12.58 |
| September 1, 1984 | 12.97 |
| August 1, 1984 | 13 |
| July 1, 1984 | 13 |
| June 1, 1984 | 12.6 |
| May 1, 1984 | 12.39 |
| April 1, 1984 | 11.93 |
| March 1, 1984 | 11.21 |
| February 1, 1984 | 11 |
| January 1, 1984 | 11 |
| December 1, 1983 | 11 |
| November 1, 1983 | 11 |
| October 1, 1983 | 11 |
| September 1, 1983 | 11 |
| August 1, 1983 | 10.89 |
| July 1, 1983 | 10.5 |
| June 1, 1983 | 10.5 |
| May 1, 1983 | 10.5 |
| April 1, 1983 | 10.5 |
| March 1, 1983 | 10.5 |
| February 1, 1983 | 10.98 |
| January 1, 1983 | 11.16 |
| December 1, 1982 | 11.5 |
| November 1, 1982 | 11.85 |
| October 1, 1982 | 12.52 |
| September 1, 1982 | 13.5 |
| August 1, 1982 | 14.39 |
| July 1, 1982 | 16.26 |
| June 1, 1982 | 16.5 |
| May 1, 1982 | 16.5 |
| April 1, 1982 | 16.5 |
| March 1, 1982 | 16.5 |
| February 1, 1982 | 16.56 |
| January 1, 1982 | 15.75 |
| December 1, 1981 | 15.75 |
| November 1, 1981 | 16.84 |
| October 1, 1981 | 18.45 |
| September 1, 1981 | 20.08 |
| August 1, 1981 | 20.5 |
| July 1, 1981 | 20.39 |
| June 1, 1981 | 20.03 |
| May 1, 1981 | 19.61 |
| April 1, 1981 | 17.15 |
| March 1, 1981 | 18.05 |
| February 1, 1981 | 19.43 |
| January 1, 1981 | 20.16 |
| December 1, 1980 | 20.35 |
| November 1, 1980 | 16.06 |
| October 1, 1980 | 13.79 |
| September 1, 1980 | 12.23 |
| August 1, 1980 | 11.12 |
| July 1, 1980 | 11.48 |
| June 1, 1980 | 12.63 |
| May 1, 1980 | 16.57 |
| April 1, 1980 | 19.77 |
| March 1, 1980 | 18.31 |
| February 1, 1980 | 15.63 |
| January 1, 1980 | 15.25 |
| December 1, 1979 | 15.3 |
| November 1, 1979 | 15.55 |
| October 1, 1979 | 14.39 |
| September 1, 1979 | 12.9 |
| August 1, 1979 | 11.91 |
| July 1, 1979 | 11.54 |
| June 1, 1979 | 11.65 |
| May 1, 1979 | 11.75 |
| April 1, 1979 | 11.75 |
| March 1, 1979 | 11.75 |
| February 1, 1979 | 11.75 |
| January 1, 1979 | 11.75 |
| December 1, 1978 | 11.55 |
| November 1, 1978 | 10.94 |
| October 1, 1978 | 9.94 |
| September 1, 1978 | 9.41 |
| August 1, 1978 | 9.01 |
| July 1, 1978 | 9 |
| June 1, 1978 | 8.63 |
| May 1, 1978 | 8.27 |
| April 1, 1978 | 8 |
| March 1, 1978 | 8 |
| February 1, 1978 | 8 |
| January 1, 1978 | 7.93 |
| December 1, 1977 | 7.75 |
| November 1, 1977 | 7.75 |
| October 1, 1977 | 7.52 |
| September 1, 1977 | 7.13 |
| August 1, 1977 | 6.83 |
| July 1, 1977 | 6.75 |
| June 1, 1977 | 6.75 |
| May 1, 1977 | 6.41 |
| April 1, 1977 | 6.25 |
| March 1, 1977 | 6.25 |
| February 1, 1977 | 6.25 |
| January 1, 1977 | 6.25 |
| December 1, 1976 | 6.35 |
| November 1, 1976 | 6.5 |
| October 1, 1976 | 6.77 |
| September 1, 1976 | 7 |
| August 1, 1976 | 7.01 |
| July 1, 1976 | 7.25 |
| June 1, 1976 | 7.2 |
| May 1, 1976 | 6.75 |
| April 1, 1976 | 6.75 |
| March 1, 1976 | 6.75 |
| February 1, 1976 | 6.75 |
| January 1, 1976 | 7 |
| December 1, 1975 | 7.26 |
| November 1, 1975 | 7.53 |
| October 1, 1975 | 7.96 |
| September 1, 1975 | 7.88 |
| August 1, 1975 | 7.66 |
| July 1, 1975 | 7.15 |
| June 1, 1975 | 7.07 |
| May 1, 1975 | 7.4 |
| April 1, 1975 | 7.5 |
| March 1, 1975 | 7.93 |
| February 1, 1975 | 8.96 |
| January 1, 1975 | 10.05 |
| December 1, 1974 | 10.5 |
| November 1, 1974 | 10.83 |
| October 1, 1974 | 11.68 |
| September 1, 1974 | 12 |
| August 1, 1974 | 12 |
| July 1, 1974 | 11.97 |
| June 1, 1974 | 11.54 |
| May 1, 1974 | 11.25 |
| April 1, 1974 | 10.02 |
| March 1, 1974 | 8.85 |
| February 1, 1974 | 9.21 |
| January 1, 1974 | 9.73 |
| December 1, 1973 | 9.75 |
| November 1, 1973 | 9.75 |
| October 1, 1973 | 9.94 |
| September 1, 1973 | 9.86 |
| August 1, 1973 | 9.23 |
| July 1, 1973 | 8.3 |
| June 1, 1973 | 7.49 |
| May 1, 1973 | 7.01 |
| April 1, 1973 | 6.61 |
| March 1, 1973 | 6.3 |
| February 1, 1973 | 6.02 |
| January 1, 1973 | 6 |
| December 1, 1972 | 5.79 |
| November 1, 1972 | 5.75 |
| October 1, 1972 | 5.73 |
| September 1, 1972 | 5.5 |
| August 1, 1972 | 5.27 |
| July 1, 1972 | 5.25 |
| June 1, 1972 | 5.04 |
| May 1, 1972 | 5 |
| April 1, 1972 | 4.97 |
| March 1, 1972 | 4.75 |
| February 1, 1972 | 4.75 |
| January 1, 1972 | 5.18 |
| December 1, 1971 | 5.49 |
| November 1, 1971 | 5.53 |
| October 1, 1971 | 5.9 |
| September 1, 1971 | 6 |
| August 1, 1971 | 6 |
| July 1, 1971 | 5.91 |
| June 1, 1971 | 5.5 |
| May 1, 1971 | 5.46 |
| April 1, 1971 | 5.28 |
| March 1, 1971 | 5.44 |
| February 1, 1971 | 5.88 |
| January 1, 1971 | 6.29 |
| December 1, 1970 | 6.92 |
| November 1, 1970 | 7.28 |
| October 1, 1970 | 7.5 |
| September 1, 1970 | 7.83 |
| August 1, 1970 | 8 |
| July 1, 1970 | 8 |
| June 1, 1970 | 8 |
| May 1, 1970 | 8 |
| April 1, 1970 | 8 |
| March 1, 1970 | 8.39 |
| February 1, 1970 | 8.5 |
| January 1, 1970 | 8.5 |
| December 1, 1969 | 8.5 |
| November 1, 1969 | 8.5 |
| October 1, 1969 | 8.5 |
| September 1, 1969 | 8.5 |
| August 1, 1969 | 8.5 |
| July 1, 1969 | 8.5 |
| June 1, 1969 | 8.23 |
| May 1, 1969 | 7.5 |
| April 1, 1969 | 7.5 |
| March 1, 1969 | 7.24 |
| February 1, 1969 | 7 |
| January 1, 1969 | 6.95 |
| December 1, 1968 | 6.6 |
| November 1, 1968 | 6.25 |
| October 1, 1968 | 6.25 |
| September 1, 1968 | 6.45 |
| August 1, 1968 | 6.5 |
| July 1, 1968 | 6.5 |
| June 1, 1968 | 6.5 |
| May 1, 1968 | 6.5 |
| April 1, 1968 | 6.2 |
| March 1, 1968 | 6 |
| February 1, 1968 | 6 |
| January 1, 1968 | 6 |
| December 1, 1967 | 6 |
| November 1, 1967 | 5.68 |
| October 1, 1967 | 5.5 |
| September 1, 1967 | 5.5 |
| August 1, 1967 | 5.5 |
| July 1, 1967 | 5.5 |
| June 1, 1967 | 5.5 |
| May 1, 1967 | 5.5 |
| April 1, 1967 | 5.5 |
| March 1, 1967 | 5.71 |
| February 1, 1967 | 5.75 |
| January 1, 1967 | 5.96 |
| December 1, 1966 | 6 |
| November 1, 1966 | 6 |
| October 1, 1966 | 6 |
| September 1, 1966 | 6 |
| August 1, 1966 | 5.88 |
| July 1, 1966 | 5.75 |
| June 1, 1966 | 5.52 |
| May 1, 1966 | 5.5 |
| April 1, 1966 | 5.5 |
| March 1, 1966 | 5.35 |
| February 1, 1966 | 5 |
| January 1, 1966 | 5 |
| December 1, 1965 | 4.92 |
| November 1, 1965 | 4.5 |
| October 1, 1965 | 4.5 |
| September 1, 1965 | 4.5 |
| August 1, 1965 | 4.5 |
| July 1, 1965 | 4.5 |
| June 1, 1965 | 4.5 |
| May 1, 1965 | 4.5 |
| April 1, 1965 | 4.5 |
| March 1, 1965 | 4.5 |
| February 1, 1965 | 4.5 |
| January 1, 1965 | 4.5 |
| December 1, 1964 | 4.5 |
| November 1, 1964 | 4.5 |
| October 1, 1964 | 4.5 |
| September 1, 1964 | 4.5 |
| August 1, 1964 | 4.5 |
| July 1, 1964 | 4.5 |
| June 1, 1964 | 4.5 |
| May 1, 1964 | 4.5 |
| April 1, 1964 | 4.5 |
| March 1, 1964 | 4.5 |
| February 1, 1964 | 4.5 |
| January 1, 1964 | 4.5 |
| December 1, 1963 | 4.5 |
| November 1, 1963 | 4.5 |
| October 1, 1963 | 4.5 |
| September 1, 1963 | 4.5 |
| August 1, 1963 | 4.5 |
| July 1, 1963 | 4.5 |
| June 1, 1963 | 4.5 |
| May 1, 1963 | 4.5 |
| April 1, 1963 | 4.5 |
| March 1, 1963 | 4.5 |
| February 1, 1963 | 4.5 |
| January 1, 1963 | 4.5 |
| December 1, 1962 | 4.5 |
| November 1, 1962 | 4.5 |
| October 1, 1962 | 4.5 |
| September 1, 1962 | 4.5 |
| August 1, 1962 | 4.5 |
| July 1, 1962 | 4.5 |
| June 1, 1962 | 4.5 |
| May 1, 1962 | 4.5 |
| April 1, 1962 | 4.5 |
| March 1, 1962 | 4.5 |
| February 1, 1962 | 4.5 |
| January 1, 1962 | 4.5 |
| December 1, 1961 | 4.5 |
| November 1, 1961 | 4.5 |
| October 1, 1961 | 4.5 |
| September 1, 1961 | 4.5 |
| August 1, 1961 | 4.5 |
| July 1, 1961 | 4.5 |
| June 1, 1961 | 4.5 |
| May 1, 1961 | 4.5 |
| April 1, 1961 | 4.5 |
| March 1, 1961 | 4.5 |
| February 1, 1961 | 4.5 |
| January 1, 1961 | 4.5 |
| December 1, 1960 | 4.5 |
| November 1, 1960 | 4.5 |
| October 1, 1960 | 4.5 |
| September 1, 1960 | 4.5 |
| August 1, 1960 | 4.85 |
| July 1, 1960 | 5 |
| June 1, 1960 | 5 |
| May 1, 1960 | 5 |
| April 1, 1960 | 5 |
| March 1, 1960 | 5 |
| February 1, 1960 | 5 |
| January 1, 1960 | 5 |
| December 1, 1959 | 5 |
| November 1, 1959 | 5 |
| October 1, 1959 | 5 |
| September 1, 1959 | 5 |
| August 1, 1959 | 4.5 |
| July 1, 1959 | 4.5 |
| June 1, 1959 | 4.5 |
| May 1, 1959 | 4.23 |
| April 1, 1959 | 4 |
| March 1, 1959 | 4 |
| February 1, 1959 | 4 |
| January 1, 1959 | 4 |
| December 1, 1958 | 4 |
| November 1, 1958 | 4 |
| October 1, 1958 | 4 |
| September 1, 1958 | 3.83 |
| August 1, 1958 | 3.5 |
| July 1, 1958 | 3.5 |
| June 1, 1958 | 3.5 |
| May 1, 1958 | 3.5 |
| April 1, 1958 | 3.83 |
| March 1, 1958 | 4 |
| February 1, 1958 | 4 |
| January 1, 1958 | 4.34 |
| December 1, 1957 | 4.5 |
| November 1, 1957 | 4.5 |
| October 1, 1957 | 4.5 |
| September 1, 1957 | 4.5 |
| August 1, 1957 | 4.42 |
| July 1, 1957 | 4 |
| June 1, 1957 | 4 |
| May 1, 1957 | 4 |
| April 1, 1957 | 4 |
| March 1, 1957 | 4 |
| February 1, 1957 | 4 |
| January 1, 1957 | 4 |
| December 1, 1956 | 4 |
| November 1, 1956 | 4 |
| October 1, 1956 | 4 |
| September 1, 1956 | 4 |
| August 1, 1956 | 3.84 |
| July 1, 1956 | 3.75 |
| June 1, 1956 | 3.75 |
| May 1, 1956 | 3.75 |
| April 1, 1956 | 3.65 |
| March 1, 1956 | 3.5 |
| February 1, 1956 | 3.5 |
| January 1, 1956 | 3.5 |
| December 1, 1955 | 3.5 |
| November 1, 1955 | 3.5 |
| October 1, 1955 | 3.4 |
| September 1, 1955 | 3.25 |
| August 1, 1955 | 3.23 |
| July 1, 1955 | 3 |
| June 1, 1955 | 3 |
| May 1, 1955 | 3 |
| April 1, 1955 | 3 |
| March 1, 1955 | 3 |
| February 1, 1955 | 3 |
| January 1, 1955 | 3 |
| December 1, 1954 | 3 |
| November 1, 1954 | 3 |
| October 1, 1954 | 3 |
| September 1, 1954 | 3 |
| August 1, 1954 | 3 |
| July 1, 1954 | 3 |
| June 1, 1954 | 3 |
| May 1, 1954 | 3 |
| April 1, 1954 | 3 |
| March 1, 1954 | 3.13 |
| February 1, 1954 | 3.25 |
| January 1, 1954 | 3.25 |
| December 1, 1953 | 3.25 |
| November 1, 1953 | 3.25 |
| October 1, 1953 | 3.25 |
| September 1, 1953 | 3.25 |
| August 1, 1953 | 3.25 |
| July 1, 1953 | 3.25 |
| June 1, 1953 | 3.25 |
| May 1, 1953 | 3.25 |
| April 1, 1953 | 3.03 |
| March 1, 1953 | 3 |
| February 1, 1953 | 3 |
| January 1, 1953 | 3 |
| December 1, 1952 | 3 |
| November 1, 1952 | 3 |
| October 1, 1952 | 3 |
| September 1, 1952 | 3 |
| August 1, 1952 | 3 |
| July 1, 1952 | 3 |
| June 1, 1952 | 3 |
| May 1, 1952 | 3 |
| April 1, 1952 | 3 |
| March 1, 1952 | 3 |
| February 1, 1952 | 3 |
| January 1, 1952 | 3 |
| December 1, 1951 | 2.85 |
| November 1, 1951 | 2.75 |
| October 1, 1951 | 2.62 |
| September 1, 1951 | 2.5 |
| August 1, 1951 | 2.5 |
| July 1, 1951 | 2.5 |
| June 1, 1951 | 2.5 |
| May 1, 1951 | 2.5 |
| April 1, 1951 | 2.5 |
| March 1, 1951 | 2.5 |
| February 1, 1951 | 2.5 |
| January 1, 1951 | 2.44 |
| December 1, 1950 | 2.25 |
| November 1, 1950 | 2.25 |
| October 1, 1950 | 2.25 |
| September 1, 1950 | 2.08 |
| August 1, 1950 | 2 |
| July 1, 1950 | 2 |
| June 1, 1950 | 2 |
| May 1, 1950 | 2 |
| April 1, 1950 | 2 |
| March 1, 1950 | 2 |
| February 1, 1950 | 2 |
| January 1, 1950 | 2 |
| December 1, 1949 | 2 |
| November 1, 1949 | 2 |
| October 1, 1949 | 2 |
| September 1, 1949 | 2 |
| August 1, 1949 | 2 |
| July 1, 1949 | 2 |
| June 1, 1949 | 2 |
| May 1, 1949 | 2 |
| April 1, 1949 | 2 |
| March 1, 1949 | 2 |
| February 1, 1949 | 2 |
| January 1, 1949 | 2 |
About Prime Rate
What it measures
The bank prime loan rate (FRED series MPRIME) is the base rate that major US commercial banks charge their most creditworthy business customers, reported monthly as an average of the rates posted by a sample of large banks. Since the 1990s the prime rate has moved in lockstep with Fed policy, set by convention at the fed funds target plus three percentage points.
Why it matters
Prime is the reference for a vast amount of consumer and small-business credit: credit cards, home equity lines, and many variable-rate business loans price at prime plus a margin. When the Fed moves, prime follows within days, transmitting policy directly to household and small-firm borrowing costs faster than most other lending rates adjust.
How to read it
The rate is a step function, changing only when the FOMC adjusts its target, so the informative content is in the timing of changes rather than daily variation. Its long history ranges from a low near three and a quarter percent in the zero-rate era to above twenty percent in 1980-81. The fixed three-point spread means prime adds no independent signal about bank risk appetite.
Frequently Asked Questions
What is the current Prime Rate?
Prime Rate is 6.75 (Percent) as of July 2026.
What is the all-time high and low of Prime Rate?
The highest value on record is 20.5 (August 1981) and the lowest is 2 (August 1950).
How often is Prime Rate updated?
Prime Rate is published on a monthly basis, sourced from Federal Reserve Economic Data (FRED).
Stats
| Last Value | 6.75 |
| Latest Period | Jul 2026 |
| Last Updated | August 3 2026, 03:16 |
| Value Previous Month | 6.75 |
| Change From Previous Month | 0.00% |
| Value 1 Year Ago | 7.5 |
| Change From Year Ago | -10.00% |
| Average Growth Rate | 1.58%/yr |
| Record High (Aug 1981) | 20.5 |
| Record Low (Aug 1950) | 2 |
| Long-Term Average | 6.5 |
| Frequency | Monthly |
| Adjustment | Not Seasonally Adjusted |
| Unit | Percent |
Annual Averages
| 2026 | 6.75 |
| 2025 | 7.37 |
| 2024 | 8.31 |
| 2023 | 8.19 |
| 2022 | 4.85 |
| 2021 | 3.25 |
| 2020 | 3.54 |
| 2019 | 5.28 |
| 2018 | 4.9 |
| 2017 | 4.1 |
| 2016 | 3.51 |
| 2015 | 3.26 |
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