Check out the rates
As with any loan, you'll need to pay interest on the amount of the margin loan. Margin interest rates are typically lower than credit cards and unsecured personal loans; however, you should do your own comparison.
The interest rate is variable based on a tiered schedule which is determined by the size of the margin loan. The higher your balance, the lower the rate you're charged.
|Debit balance||Margin interest rate|
|$1 million +||4.750% (3.075% below base rate)|
|$500,000–$999,999||5.00% (2.825% below base rate)|
|$250,000–$499,999||7.325% (0.500% below base rate)|
|$100,000–$249,999||7.575% (0.250% below base rate)|
|$50,000–$99,999||7.625% (0.200% below base rate)|
|$25,000–$49,999||8.575% (0.750% above base rate)|
|$0–$24,999||9.075% (1.250% above base rate)|
4.75% rate available for debit balances over $1M.
Fidelity's current base margin rate, effective since May 6, 2022, is 7.825%.
Please call 800-353-4881 for more information to help determine your effective rate eligibility.