Personal Line of CreditYour personal cash reserve for whatever you need or want.
- One time application provides a lifetime of credit up to your available limit
- Starting at $5,000
- Offers you a variable interest rate
- Minimum monthly payment is only 2% of the outstanding balance or $50, whichever is greater
- Convenient access to funds through Line of Credit cheques. And, if you have a BMO® Everyday Banking account, you have access through ATM, online banking or telephone banking.
- Pay it off in full without penalty
- Itemized monthly statement