How Banks Determine the Spread Above the Prime Rate
Credit cards averaged 21.59% when prime sat at 7.50%—a 14-point spread most borrowers never question. Here’s exactly how banks calculate what they charge above prime.
Apr 4 2026
Read MoreCredit cards averaged 21.59% when prime sat at 7.50%—a 14-point spread most borrowers never question. Here’s exactly how banks calculate what they charge above prime.
Apr 4 2026
Read More