ScotiaLine Personal Line of Credit

Right for you if:

  • You have a Scotia Total Equity® Plan

  • You want access to money whenever and wherever you need it

  • Overview

  • Borrow up to 65% of the value of your home to finance goals you have like home renovations, a vacation or a car purchase, all with a one-time STEP application

  • A flexible personal line of credit with limits of up to $1,500,000; or with the convenience of a VISA* access card for limits of up to $500,000

  • Very competitive secured rates1

  • Flexible repayment terms – Minimum payments could be as low as interest only2

  • No penalty to pay off your entire balance

  • Effective as of August 1, 2016, some of our fees and terms will change.


    • Regular cheques are free. Personalized cheques are available for purchase.3
    • Itemized statements.
    • Scotia Line of Credit Protection can mean providing the financial support that you and your family may need during a difficult time.

    NOTE: See ScotiaLine® Personal Line of Credit for line of credit not under Scotia Total Equity® Plan


  • Minimum Credit Limit: $20,000

  • For current rates and information on fees and interest, call 1-888-882-8958.

    For ScotiaLine® Personal Line of Credit customers with VISA* access cards:

    • No cash advance fee when using your VISA* access card at any Scotiabank ABM
    • Purchase Security and Extended Warranty protection on purchases made with your VISA* access card or with your VISA* cheques4
    • Enjoy special discounts on car rentals of up to 20% at participating AVIS car rental locations worldwide. Simply present your VISA* access card at any participating location or visit or call 1-800-TRY-AVIS (879-2847) and quote the rebate number C030400
    By Phone

    Mon-Fri (8am-6pm)

    1 (877) 303-8879
    In Person

    See a Home Financing Advisor

    Find your local branch

    Get Pre-approved

    Apply Today