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ScotiaLine Personal Line of Credit
Lines of Credit Service Fees
 

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Lines of Credit Service Fees

ScotiaLine® Personal Line of Credit / Scotia RSP Catch-Up™ Line of Credit / Scotia Investment™ Line of Credit / Scotia Investment™ Management Line of Credit.

Service

Fee

Dishonoured payment fee

For each payment to a personal line of credit that is returned due to insufficient funds or any other reason

$35

Non-sufficient funds fee

For each cheque that is drawn on a personal line of credit but returned due to insufficient credit available*

$35

Overlimit fee

Charge if an account balance exceeds its credit limit. This fee will apply any time during the statement period, but only once per period

If the account is still over the limit when the next statement period starts (statement printing date), the account will incur another charge

$20


ScotiaLine® personal line of credit for students and Scotia Professional® Student Plan Line of Credit are exempt from fees.

* If the Bank chooses to honour the cheque, causing the account to exceed its limit, the account will then be subject to the overlimit fee.



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