| Line of Credit | Credit Card | |
|---|---|---|
| Interest Rate | 13% | 21.99% |
| Monthly Interest Paid | $21.67 | $36.65 |
| Payment Options | Flexible | Standard |
| Interest Charged On | The money you use | The money you use |
| Annual Fee | $25 | Up to $150 |
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“It is so convenient to have, to be able to make purchases for our wedding, home, and any other costs!”
“It is so convenient to have, to be able to make purchases for our wedding, home, and any other costs!”
“It feels great to know money is there when you need it. You only pay interest on the amount you use.”
“It feels great to know money is there when you need it. You only pay interest on the amount you use.”
Personal Line of Credit vs Credit Card
The best line of credit for the money you need
Line of Credit Additional Information
- Available for personal use only
- Interest earned on daily closing balance and paid at month end
- Minimum credit limit - $5,000
- Limits over $5,000 to $50,000 inclusive (increments of $1,000)
- Limits over $50,000 (increments of $5,000)
- Unlimited prepayment
- Interest payable monthly on last day of the month
- Applicable application fees
- Applicable annual line of credit/authorized overdraft fees
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Rates subject to change without notice.
Calculators on the site are made available to you as tools for independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. Please contact us directly to seek personalized advice from qualified professionals for all personal finance issues.
Learn more about our accounts and services. Review our Account and Fee Information (pdf).
Identify the interest rates applicable to your account(s) and how they're calculated. Review our About Our Interest Calculations (pdf) document.