ScotiaLine Personal Line of Credit

  • Right for you if:
    You want a line of credit that lets you decide when you borrow and how much you repay

  • ScotiaLine is an excellent way to give yourself some added financial flexibility.

  • Reduce your interest costs; interest is only charged on the balance you owe, at a rate lower than most personal loans

  • Save money by paying off higher-interest debts

  • Spending up to a pre-determined limit

  • Unrestricted access to your credit. All you do is write a cheque at no charge.

  • A flexible repayment schedule that you control

  • Payments as low as interest only

  • Complimentary ScotiaLine personalized cheques

  • Comprehensive monthly statements for easy record keeping

  • No pre-payment penalty

  • Optional credit protection

  • Once you've established your ScotiaLine account, there's no need to re-apply. You simply access your credit whenever you need to.

    Fees and Terms


    No pre-payment penalty


    Optional credit protection

    You might also need...


    Life can be full of surprises: a wedding, a graduation, a major purchase like a new car or boat, even a home renovation. A Personal Line of Credit is a great way to help you realize your dreams and enjoy those special moments in life. Scotiabank will show you the flexibility and freedom in borrowing the right way.

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    We also offer:

    Gold Personal Line of Credit
    Gives you instant access to your credit whenever you need it, and once it's yours, it's yours for life!

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