How Banks Use the Prime Rate to Price Consumer Products
At 7.50%, the prime rate sets the floor for credit card APRs, HELOCs, and personal loans—most cards add 10–15 points on top. Here’s how the math actually works.
Apr 9 2026
Read MoreAt 7.50%, the prime rate sets the floor for credit card APRs, HELOCs, and personal loans—most cards add 10–15 points on top. Here’s how the math actually works.
Apr 9 2026
Read More