Loans and line of credit rates

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Loan and line of credit rates.

Rates are subject to change without notice. For more information about Vancity’s interest rates, please call our Member Services Centre at 604-877-7000 or toll-free at 1-888-826-2489.

All Canadian currency accounts are accessible by ATM, Online Banking, Phone Banking and in-branch.

Line of credit rates.

Rates (APR)^† as of 2002-01-05
Chequing Account Overdraft	21.00%
Personaline (max. $5,000)	17.75%
Creditline (over $5,000)	Vancity Prime^¤ + Increment

Vancity Fair & Fast Loan™.

Rates (APR)^† as of 2007-07-11
Vancity Fair & Fast Loan^™	19%

Other loans.

Rate Description
Small and Short Term Loans	Demand loans with a cost of borrowing of less than $45.00 at the time of loan set-up will be charged an interest rate of 17.90%.
Fixed Rate	13.70% + Increment
Variable Rate	Vancity Prime^¤ + Increment
Creditline	Vancity Prime^¤ + Increment
RRSP and Term Loans	Vancity Prime^¤ + 0.70% for the purchase of registered or non-registered term deposits of 1 year term or longer (max - 12 monthly payments).

Vancity Prime.

The Vancity Prime Rate represents a variable rate of interest announced by Vancity from time to time as its Prime Lending Rate. Rate subject to change without notice.

Rates as of 2023-07-13
Vancity Prime Rate (variable)	7.20%