Scotialine Personal Line of Credit STEP

Right for you if:

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

  • You want a personal line of credit that fits in your wallet

  • Overview

  • Combines high credit limits and very competitive rates

  • Minimum payments could be as low as interest only2

  • Use ScotiaLine cheques to transfer balances or pay for large purchases

  • Instant cash advances at ABMs in Canada and worldwide

  • Enjoy special discounts

  • Notice: Important Changes to Scotiabank Line of Credit Accounts

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


    • Purchase security and warranty protection4
    • Regular cheques are free. Personalized cheques are available for purchase³
    • Itemized statements
    • Scotia Line of Credit Protection can mean providing the financial support that you may need during a difficult time

    Fees & Options

    Pay off your entire balance with

    No Penalty

    Payment could be as low as interest only²

    Minimum monthly

    Details & Fees

  • Secured minimum credit limit: $20,000

  • 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 ScotiaLine cheques4

  • For current rates1 and information on fees and interest, call 1-888-882-8958.

    ScotiaLine Personal Line of Credit Fees:

    Transaction Fees
    Dishonoured payment fee
    Non-sufficient funds fee
    Replacement sales draft, cash advance draft or monthly statement fee
    Overlimit fee
    Inactive fee
    Foreign currency conversion
    Balance transfer fee
    1% of the balance transfer amount
    Cash advance counter fee (any financial institution in Canada)
    Cash advance counter fee (financial institutions outside of Canada)
    ABM Fees
    Cash advance ABM fee (any Scotiabank ABM in Canada)
    Cash advance ABM fee (non-Scotiabank ABMs in Canada)
    Cash advance ABM fee (ABMs outside of Canada)

    Cheques & Cash Advances

    Use ScotiaLine Cheques to:

    • Transfer balances from gas and retail cards that charge higher interest rates.
    • Pay for a large purchase, insurance premiums, medical bills, or utility bills.

    Obtain cash advances at:

    • Over 1 million ABMs around the world displaying the VISA/PLUS symbols.
    • Over 55,000 ABMs displaying the INTERAC symbol in Canada, including Scotiabank ABMs.
    • Or, access your account with your ScotiaCard when you link the two together.
    By phone

    Takes just a few minutes
    Mon-Fri (9am-8pm)

    1 (888) 882-8958
    In person

    Make an appointment
    at your local branch

    Find a local branch

    5 easy steps, under 10 minutes,
    100% safe and secure

    Apply today