Lines of Credit

Personal Line of Credit

Money you can borrow, just in case.

Expect the unexpected

Set up a pre-established limit based on your credit approval, then get reusable, low-interest access to that amount as long as you need.

Stay connected

Link your Personal Line of Credit (LOC) to your ATB chequing account so you can use your LOC to transfer money and make point-of-sale purchases.

Repay on your terms

Make the minimum monthly interest payment or pay more—up to the entire balance. There's no repayment deadline and no fixed term.

Key product details

Interest rate Variable, based on ATB's prime rate
Fees None
Credit limit $5,000-$50,0001
Repayment schedule Flexible

Frequently Asked Questions

Yes. If you require more than $50,000, you can pledge an investment deposit (basically, commit to investing the money you're borrowing) and borrow a higher amount—dependent on approved credit and the size of your investment deposit. It's probably a good idea to talk to your banker to see if this is a smart move for you.

In addition to unsecured lines of credit, customers have the option to place a security for the LOC that will help them save money through a lower interest rate. The security can be in the form of vehicles, GICs or other eligible securities. An ATB borrowing expert can help you determine the eligibility of a security.

Ready to get started?

No matter what your needs are, a Personal Line of Credit can be there for you.

Need help?

Our Client Care team will be happy to assist.