Funds for whatever comes your way
Get access to a specific amount of money and then use any amount, within your approved limit, at any time. Ongoing, flexible options offer a long-term solution to maximize your purchasing power.
Key benefits:
- Easily access funds through your chequing account
- Instant access to your funds as you need it
Flexible options:
- Competitive interest rates
- Flexible payments, including interest-only
What can you do with a line of credit?
In case of emergency
It’s always good to have a plan in case of emergency, and a line of credit is just that. Be prepared for anything.
Unexpected expenses
Your line of credit can get you through life’s unexpected expenses like car repairs or replacing an appliance.
Whatever you like
On the bright side, you can use your line of credit for the fun stuff too—vacations, investments, RRSP contribution, and more.
Insurance
Protect against loss of income
Loan insurance can protect you and your family from the unexpected.
- Protect your savings
- Get peace of mind for you, your family, and dependants
- Cover expenses if your income reduces
Loans vs lines of credit
Should you choose a loan or a line of credit?
The choice is yours and we’re here to help you find your solution. From a one-time amount for a specific need, to funds you can access any time for anything.
Why a loan?
- Structure plan
- Set monthly repayments
- Finance a large one-time expense
Why a line of credit?
- Pre-agreed borrowing limit
- Access, withdraw, and repay funds any time
Lines of credit for homeowners
Access funds through your mortgage
As a homeowner, you have options that complement your mortgage. Borrow against the equity in your home, or simplify debt management with one easy payment.
Unlock home equity
Home Equity Line of Credit
Use the equity built up on your home for financial freedom. Tackle a reno project, pack your bags for a trip, or even pay off high-interest debts. Explore the possibilities with a Home Equity Line of Credit.
Features:
- Borrow for that big purchase
- Save money with a lower interest rate
- Borrow up to 80% of the value of your home
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SEE RATES
Access equity anytime
Total Access Home Equity
Go for the mortgage that does more. A convenient way to manage all of your credit needs in one place, with one product, Total Access Home Equity is a flexible solution to put your home to work for you.
Features:
- Borrow at a lower interest rate
- Access your equity any time, for any reason
- Consolidate debt into your mortgage
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SEE RATES
See how much you could borrow
Use our loan calculator to determine the amount you can borrow and what your repayment schedule might be.
These calculators are made available to you as tools for independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. Please visit your branch to seek personalized advice from qualified professionals for all personal finance issues.
Budgeting tools & guides
Tools to track your spending
Budgeting isn't easy, but it can help you understand where your money's going. And that makes it easier to figure out how to reach your goals.
Why track spending?
Tracking your spending habits isn’t about taking the fun out of life. It’s about getting a handle on your finances.
Household budget worksheet
Keeping a budget starts with tracking your spending. This handy worksheet can help.
Guide to
budgeting
Think having a budget is not worth the effort? Our guide to budgeting can help you get started.
