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Investors

Margin Interest Charges for Accounts Held at Pershing, LLC

Pershing LLC

Interest on Credit Extended in Margin Accounts
The annual rate of interest charged will vary from a minimum of 1% to a maximum of 3% above the Pershing Base Lending Rate (PBLR)* depending upon your average debit balance.

Current PBLR: 6.125%
Average Debit Balance Interest to be Charged above PBLR
$0 - $24,999 3%
$25,000 - $49,999 2 ½%
$50,000 - $99,000 2%
$100,000 - $499,999 1 ½%
$500,000 and over 1%
*The PBLR is set at the discretion of Pershing with references to commercially recognized interest rates, industry conditions regarding the extension of margin credit and general credit market conditions.
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