Line of credit

A line of credit is a maximum approved amount you can borrow based on your financial circumstances. You can access line of credit funds anytime by withdrawing up to your credit limit. You pay interest only on the amount you borrow. And you only have to apply once. When you pay off your line of credit it automatically renews itself, so the money's available when you need it.

It's ready cash when you really need it: for travel emergencies or car repairs, or to take advantage of one-time bargains. A line of credit also protects your account from overdrafts or from cheques being returned because of inadequate funds.

Apply now

You can choose from two lines of credit

Personaline: write your own loan

  • automatic overdraft protection
  • cash when you need it
  • access your line of credit by cheque or ATM
  • maximum: $5,000

Creditline: flexible loan amounts

  • minimum amount: $5,000
  • maximum: no pre-set limit, amount depends on your eligibility
  • variable interest rate based on prime rate.