💰 Bank Prime Loan Rate
US Bank Prime Loan Rate. Sourced from FRED (DPRIME). Updated daily.
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Prime Loan Rate
6.75%
As of 2026-03-31
1-Year Average
7.18%
5-Year High
8.5%
5-Year Low
3.25%
Prime Rate History (5 Years)
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Understanding the Prime Rate
The Bank Prime Loan Rate is the rate banks charge their most creditworthy customers. It is typically set at the federal funds rate plus 3 percentage points.
Many consumer and business loans are priced relative to the prime rate, including credit cards, home equity lines of credit, and small business loans. Changes in the prime rate directly impact borrowing costs across the economy.
🤖 Agent-friendly API:
GET /api/lending-rates?format=jsonLast updated: Mar 31, 2026, 12:00 AM UTC·Source: FRED·DPRIME