Personal loan
Borrow from as low as Vancity Prime + 1%.1
What it is
A loan that allows you to borrow for one-time expenses
Borrow
$5,000 or more2
Best part
You choose the length of your loan and how often you make payments
Why choose a personal loan?
Competitive interest rates
Take control of your financial journey with variable rates from as low as Vancity Prime +1%.1 Plus, depending on your goals, we also offer fixed rates.
Vancity Prime Rate: 4.45%¹
As at 2025-10-30
Headache-free repayment
Regular payments will be automatically withdrawn from your account. You can also make additional payments penalty-free to wrap up your loan early while saving on interest.
Insurance available
Get peace of mind knowing that your loan is covered in the case of illness, disability, or loss of life when you add loan insurance.3
Loans that are great for you, and the planet too.
Get preferred rates and other support when choose one of our Planet-Wise™ lending solutions:
- Planet-Wise Renovations Loan
Fund your energy-efficient home renovations with three borrowing options to choose from: HELOC, Creditline or term loan. - Planet-Wise Transportation Loan
Borrow up to $1,500 to buy an electric or hybrid vehicle, including pedal bikes, e-bikes, scooters, electric cars, hybrids, charging stations and conversion kits.
How to apply.
See what your loan could be
If you’re curious what your payments might look like or how much it might cost, try using our loan calculator.
Talk to us
Let us know what you’re borrowing for and how much you need. We’ll answer your questions and help you move forward with confidence.
Explore your options
We’ll look at different ways to help you reach your goal and find a path forward. We may even uncover something more favourable than what you came in for.
Provide application documents
Once we find the right solution for you, we’ll put together the application and handle the rest for you.
Sign for your loan
When everything is ready, we’ll set up a time for you to visit your nearest branch and submit your signatures. If you’re an existing Vancity member, you can sign virtually without leaving home.
Questions? We have answers.
Book a call.
Connect with a specialist to get tailored advice or to start your application.
General questions.
Monday to Saturday: 8 am to 8 pm
Sunday and holidays: 10 am to 5:30 pm
Metro Vancouver: 604-877-7000
Greater Victoria: 250-519-7000
Toll-free: 1-888-826-2489
Explore other lending.
Planet-Wise transportation loan
Line of credit
The variable interest rate is based on the Vancity Prime Rate plus an increment. The increment is based on your credit application, including your credit bureau report and the active products and services you hold, and other factors. Vancity reserves the right in its sole discretion to determine what rate increment you qualify for based on this information. Vancity Prime Rate means the annual rate of interest that Vancity determines from time to time as a reference rate for determining interest rates on Canadian dollar loans. As of October 30, 2025, the Vancity Prime Rate is 4.45%. The Vancity Prime Rate can be found on our rates page (www.vancity.com/Rates). Annual Percentage Rate (APR) means the cost of borrowing for a loan expressed as an annual rate. Except for personal loans for purposes of debt consolidation, the Annual Percentage Rate (APR) is the same as the interest rate because there are no additional fees or charges. Personal loans for purposes of debt consolidation are charged an administration fee that is the greater of: (i) 1.00% of the loan amount: and (ii) $50.00. All loans are subject to credit and underwriting approval.
Applications and the amount you can borrow are subject to standard Vancity credit review and approval, including obtaining your credit bureau report to confirm your eligibility for the loan. Loans range from $5,000 to $50,000 with a term of 6 months to 7 years. Vancity reserves the right, at any time without prior notice and in its sole discretion, to add to or modify any of these terms and conditions. Rate is subject to change without notice.
The details of this insurance product, including important exclusions, restrictions and limitations on the coverage and benefits payable, are contained in the Certificate of Insurance which you will receive when you apply. Creditor’s group insurance is optional and is underwritten by Co-operators Life Insurance Company. Supporting services, such as enrolment intake, medical underwriting and claims administration, are provided by the employees of CUMIS Services Incorporated, a subsidiary of Co-operators Life Insurance Company. Coverage is governed by the terms and conditions of the creditor group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements. See the Product Guide and Certificate of Insurance (provided upon application) for full coverage details.