BMO Personal Line of Credit

Loan Type: Lines Of Credit in Canada

Funding Method: -

Availability: -

APR Variable

Minimum Loan Amount $5,000

Maximum Loan Amount $25,000

BMO Personal Line of Credit

Use it anytime
Whether it’s ongoing renovations or being ready for the unexpected, a line of credit gives you fast access to cash. You don’t need to use all the available funds at once, just what you need at the time.
Keep reusing it
Borrow some. Pay back some. Borrow again. As long as you have available credit and make your minimum payments, you can keep borrowing at any time. No need to reapply.
Repay at your own pace
Low minimum monthly payments help you manage your budget. Pay back 2% of the outstanding balance or $50 (whichever is greater) each month. There are also interest-only payments.