Interest Rates

View the Current Prime Rate and Prime Lending Rate Table with historical lending rate history.

Current Prime Rate: 11.75%   Effective Date: 2023-05-26  


PRIME LENDING RATE HISTORY

Interest (% pa) Effective Date
11.25% 2023-03-30
10.75% 2023-01-26
10.5% 2022-11-24
9.75% 2022-09-22
9% 2022-07-21
8.25% 2022-05-19
7.75% 2022-03-24
7.5% 2022-01-28
7.25% 2021-11-18
7% 2020-07-24
7.25% 2020-05-22
7.75% 2020-04-15
8.75% 2020-03-20
9.75% 2020-01-17
10% 2019-07-17
10.25% 2018-11-23
10% 2018-03-29
10.25% 2017-07-21
10.5% 2016-03-18
10.25% 2016-01-28
9.75% 2015-11-19
9.5% 2015-07-24
9.25% 2014-07-18
9% 2014-01-30
8.5% 2012-07-20
9% 2010-11-19
9.5% 2010-09-10
10% 2010-03-26
10.5% 2009-08-14
11% 2009-05-28
12% 2009-05-04
13% 2009-03-25
14% 2009-02-06
15% 2008-12-12
15.5% 2008-06-13
15% 2008-04-11
14.5% 2007-12-07
14% 2007-10-12
13.5% 2007-08-16
13% 2007-06-08
12.5% 2006-12-08
12% 2006-10-16
11.5% 2006-08-04
11% 2006-06-12
10.5% 2005-04-18
11% 2004-08-16
11.5% 2003-12-15
12% 2003-10-20
13.5% 2003-09-15
14.5% 2003-08-15
15.5% 2003-06-13
17% 2002-09-13
16% 2002-06-14
15% 2002-03-18
14% 2002-01-16
13.5% 2001-07-16
13.75% 2001-06-18
14.5% 2000-01-21
15.5% 1999-10-04
16.5% 1999-08-02
17.5% 1999-07-14
18% 1999-06-25
19% 1999-04-19
20% 1999-03-08
21% 1999-02-12
22% 1999-01-11
23% 1998-12-07
23.5% 1998-11-09
24.5% 1998-10-19
25.5% 1998-08-21
24% 1998-07-06
22.25% 1998-07-01
20.25% 1998-06-13

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