Basis Point Calculator

A basis point is one hundredth of one percent, the unit rates and fees are quoted in when half a percentage point and a half-percent rise need telling apart. Enter a number of basis points to get the percentage and the decimal, a percentage to get the basis points, or two rates to get the gap between them. The fee tab turns a quoted figure such as 25 bps into the dollar cost on a balance you enter. That cost is one year on the balance as typed, not a running account whose balance moves.