Personal Line of Credit

Get immediate access to funds whenever you need them, up to your approved credit limit. One application establishes a life-long credit line that can be used whenever required.

Features

• Credit limit starting at $5,000.
• Once approved, access your line of credit by simply writing a cheque, using your FirstBank Card^®, at any automated banking machine, or using your BMO Bank of Montreal Personal Line of Credit MasterCard^®* access card.
• Minimum monthly payments are 2% of the outstanding balance or $50, whichever is greater.
• Interest-only payments are available in certain circumstances.
• Make your monthly payments by pre-authorized debit direct from your account, using an automated banking machine, through the mail, or at any BMO Bank of Montreal branch.
• Make a full or partial pre-payment at any time without penalty.
• Itemized monthly statements.
• Optional creditor life insurance.

Apply Now

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