Cookie notice: We use first- and third-party cookies to customize content and advertising, to collect anonymous web traffic data to ensure our site is running smoothly, and to remember user choices, where it applies.

Personal lending rates.

Prime rate and base rate.

Rate type1

Rate (%)

Prime rate

7.200

U.S. base rate

9.000

Personal loan variable base rate

9.450

Line of credit base rate

9.450

Historical line of credit base rates.

Change date

Rate (%)

July 28, 2023

9.450

July 13, 2023

9.450

June 8, 2023

9.200

May 4, 2023

8.950

March 23, 2023

8.950

February 2, 2023

8.950

January 26, 2023

8.950

December 16, 2022

8.700

December 8, 2022

8.700

November 4, 2022

8.200

October 27, 2022

8.200

September 23, 2022

7.700

September 8, 2022

7.700

July 29, 2022

6.950

July 14, 2022

6.950

June 2, 2022

5.950

May 5, 2022

5.450

April 14, 2022

5.450

March 18, 2022

4.950

March 31, 2020

4.700

March 18, 2020

5.200

March 6, 2020

5.700

Historical variable base rate.

Change date

Rate (%)

July 28, 2023

9.450

July 13, 2023

9.450

June 8, 2023

9.200

May 4, 2023

8.950

March 23, 2023

8.950

February 2, 2023

8.950

January 26, 2023

8.950

December 16, 2022

8.700

December 8, 2022

8.700

November 4, 2022

8.200

October 27, 2022

8.200

September 23, 2022

7.700

September 8, 2022

7.700

July 29, 2022

6.950

July 14, 2022

6.950

June 2, 2022

5.950

May 5, 2022

5.450

April 14, 2022

5.450

March 18, 2022

4.950

March 31, 2020

4.700

March 18, 2020

5.200

March 6, 2020

5.700

*Trademark of Visa Int., used under license.

Laurentian Bank: Laurentian Bank of Canada.

  1. The expression "Bank's prime rate" refers to the annual interest rate announced by Laurentian Bank from time to time as being its reference rate then in effect for commercial loans, in Canadian dollars. The expression "Bank's U.S. base rate" refers to the annual variable interest rate announced by Laurentian Bank from time to time as the reference rate in effect to determine the interest rates applicable to commercial loans in U.S. dollars granted by the Laurentian Bank in Canada and based on a calendar year. Certain conditions apply. The rates mentioned on this site can be modified at any time and without prior notice by Laurentian Bank.

  2. Subject to change and credit approval by Laurentian Bank. For more information, consult the Section entitled “Information Box - Summary’’ in the Agreement governing the use of the Laurentian Bank Visa* cards (PDF, 580 KB).

  3. Subject to change and credit approval by Laurentian Bank. For more information about the Laurentian Bank Visa card, including information about the credit rate, the grace period, charges other than interest or the date on which interest applies, consult the Section entitled “Information Box - Summary’’ in the Agreement governing the use of the Laurentian Bank Visa* cards (PDF, 580 KB).

  4. Primary Cardholder remains liable for all charges to the Account, including those made by any Additional Cardholder. Maximum of 4 Additional Cardholders on the Account.