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Home > Investments > Retirement – RSPs and RIFs > RSP Basics > RSP Loans
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RSP Loans

Benefits of a BMO ReadiLine™ Account
  • Maximize your RSP contribution
  • Interest rates at Prime
  • Once your line of credit is set-up, access funds without applying again
  • Purchasing BMO Financial Group RSPs, such as mutual funds or GICs
  • Credit limits from $1,000 up to $19,000
  • Contribute throughout the year – just contact your Financial Services Manager
  • Affordable regular payments
  • Pay down your ReadiLine™ Account even faster, if your tax-deductible RSP contributions help make you eligible for a tax refund
  • Optional creditor life and disability insurance

Apply Now

Benefits of a BMO Retro-Activator® RSP Loan

  • An installment loan, minimum $7,500, with a fixed or variable interest rate
  • Purchasing BMO Financial Group RSPs, such as mutual funds or GICs
  • Repayment periods of up to 15 years
  • Pay down your loan even faster, if your tax-deductible RSP contributions help make you eligible for a tax refund

Apply Now