Personal Line of Credit

Personal Line of Credit

A set amount you can use whenever you like

This line of credit is an excellent choice if you manage your credit well and can withstand moderate interest rate fluctuations.

Key features

  • Amount available Based on your needs and financial situation
  • Interest Only on the amount you borrow
  • Flexible payment options Choose the type and frequency of your payments
  • Access to funds Anytime on AccèsD, in your everyday account

See the line of credit rates


Interest rate

  • Variable, based on the amount, your financial situation and collateral provided, if required.
  • Variable, based on the prime rate.
  • Interest is calculated on the daily balance: only pay interest what you borrow.

Amount available

  • Based on your needs, financial situation and ability to repay
  • Option to adjust limit of an existing line of credit, if needed

Payment options

  • Daily, weekly or monthly
  • Choose to pay:
    • a percentage of the monthly balance
    • a fixed or variable amount
    • or just the monthly interest
  • Pay off your loan whenever you want, in part or in full, with no penalty.

Access to funds

  • Log in to AccèsD anytime to transfer money from your Personal Line of Credit to the Everyday Transaction Account linked to the line of credit and vice versa for reimbursement. Just select Transfers on AccèsD online or in the mobile app.


  • No administration fees.
  • Line of Credit Insurance (life and disability) available.
    Learn more about Line of Credit Insurance.
  • Eligible for potential member dividends.
    Learn more about member dividends.

How does your line of credit work?

Credit is a great way to get the funding you need. To better understand how it works, answer these 4 questions.

  the questionnaire.