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Margin Interest Rates
For the latest Pershing Base Lending Rate (PBLR), please call us at 1 800 927-3059.
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Amount of Loan |
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Lending Rate |
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$0-$9,999 |
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PBLR + 2.25% |
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$10,000-$29,999 |
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PBLR + 1.75% |
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$30,000-$49,000 |
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PBLR + 1.50% |
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$50,000 + |
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PBLR + 1.25% |
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TIAA-CREF uses the Pershing Base Lending Rate. The Base Lending Rate will change without prior notice. When the Pershing Base Lending Rate changes during an interest period, interest will be calculated according to the number of days each rate was effective during that period. You will be provided 30 days advance notice of any change to the schedule of charges other than that of the Base Lending Rate. There is no repayment schedule, but interest is posted to your account monthly and requests for additional margin may be made if market conditions warrant or otherwise at the discretion of TIAA-CREF and/or its clearing agent Pershing per the terms of your Margin Agreement.
This is neither an offer to sell nor a solicitation of an offer to buy any of these securities. This data appears for informational purposes only. Rates are obtained from sources believed to be reliable but are not guaranteed and may vary with market conditions.
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