The Learning Center
GLOSSARY TERMS
# - A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

Prime Rate

The Prime Rate, published daily in the nation's leading financial publications, is a financial index offered by some of the U.S.'s largest banks reflecting the current domestic and world economies. The Prime Rate is the base rate for most variable APRs (expressed as the Prime Rate + another set rate). In fact, the continual fluctuation of the Prime Rate is what makes some APRs "variable".


Previous Credit Card Term: Primary Account Number (PAN)

Next Credit Card Term: Prior Authorization


* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.