ScotiaLine® Personal Line of Credit (STEP)

Right for you if:

  • You have a Scotia Total Equity® Plan
  • You want access to money whenever and wherever you need it


  • 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 up to $1,500,000; or
    • With the convenience of a VISA* access card for limits 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


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

Details & Fees

  • Minimum Credit Limit: $10,000

                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

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.


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


By phone

Takes just a few minutes

Mon-Fri (9am-8pm)


In person

Make an appointment

at your local branch