www.scotiabank.com Open in urlscan Pro
104.102.40.10  Public Scan

Form analysis
2 forms found in the DOM

<form id="search" class="bns--search-new search-bns desktop" role="search" data-recent-searches="false" autocomplete="off">
  <label for="header__search" class="sr-only">Begin Your Search</label>
  <input type="hidden" value="dotcom_ca_en,dotcom_itrade_ca_en" id="search_source" name="source" data-source="dotcom_ca_en,dotcom_itrade_ca_en">
  <input type="hidden" id="search_source_Url" name="search_source_Url">
  <input type="text" id="header__search" class="s--input" placeholder="Begin Your Search" aria-labelledby="trendingSearchAriaAnnoucement">
  <button type="button" class="s--submit" data-submit="" id="searchSubmitBtn">
    <img class="s--submit--icon"
      src="data:image/svg+xml;base64,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"
      alt="Search">
  </button>
</form>

<form class="mav__search search-bns mobile"><label for="header__search_mobile" class="sr-only">Search</label><input id="header__search_mobile" type="text" placeholder="Begin Your Search"><button type="button" class="s--submit" data-submit=""
    id="mobileHeaderSearch"><img alt="Search"
      src="data:image/svg+xml;base64,PD94bWwgdmVyc2lvbj0iMS4wIiBlbmNvZGluZz0idXRmLTgiPz48c3ZnIHZlcnNpb249IjEuMSIgaWQ9IkxheWVyXzEiIHhtbG5zPSJodHRwOi8vd3d3LnczLm9yZy8yMDAwL3N2ZyIgeG1sbnM6eGxpbms9Imh0dHA6Ly93d3cudzMub3JnLzE5OTkveGxpbmsiIHg9IjBweCIgeT0iMHB4IiB2aWV3Qm94PSIwIDAgNTEuMSA1MS4xIiBzdHlsZT0iZW5hYmxlLWJhY2tncm91bmQ6bmV3IDAgMCA1MS4xIDUxLjE7IiB4bWw6c3BhY2U9InByZXNlcnZlIj48c3R5bGUgdHlwZT0idGV4dC9jc3MiPi5zdDB7ZmlsbDojNzQ3NDc0O3N0cm9rZTojNzQ3NDc0O3N0cm9rZS13aWR0aDoyO3N0cm9rZS1taXRlcmxpbWl0OjEwO308L3N0eWxlPjx0aXRsZT5JY29uX1NlYXJjaDwvdGl0bGU+PGRlc2M+Q3JlYXRlZCB3aXRoIFNrZXRjaC48L2Rlc2M+PGcgaWQ9IlN5bWJvbHMiPjxnIGlkPSJJY29uX1NlYXJjaCI+PHBhdGggaWQ9IkNvbWJpbmVkLVNoYXBlIiBjbGFzcz0ic3QwIiBkPSJNMzEuOCwzMC45YzAuMSwwLDAuMiwwLjEsMC4zLDAuMmwxNy44LDE3LjhjMC4zLDAuMywwLjMsMC44LDAsMS4xYy0wLjMsMC4zLTAuOCwwLjMtMS4xLDBMMzEsMzIuMWMtMC4xLTAuMS0wLjEtMC4yLTAuMi0wLjNjLTMuMiwyLjktNy40LDQuNy0xMi4xLDQuN0M5LDM2LjYsMSwyOC42LDEsMTguOEMxLDksOSwxLDE4LjgsMXMxNy44LDgsMTcuOCwxNy44QzM2LjYsMjMuNSwzNC44LDI3LjcsMzEuOCwzMC45eiBNMzUuMSwxOC44YzAtOS03LjMtMTYuMy0xNi4zLTE2LjNTMi41LDkuOCwyLjUsMTguOGMwLDksNy4zLDE2LjMsMTYuMywxNi4zUzM1LjEsMjcuOCwzNS4xLDE4Ljh6Ii8+PC9nPjwvZz48L3N2Zz4="></button>
</form>

Text Content

Skip to content

Cookies on the Scotiabank website

We use cookies & other technologies to analyze website traffic, personalize
content & provide relevant advertising on other websites. You can manage your
preferences here. Select “Accept” to continue to the website.
Learn about our privacy policy
Accept and Continue
Personal
Small Business
Commercial
Global Markets
Global Wealth
About Us
Investors

More Sites
English
 * English selected
 * Français

Begin Your Search
 * Location
 * Contact Us
 * Bank Your Way

Sign In Sign In

New to Scotia OnLine? Activate Now


   
 * Advice+
   
    * About Advice+
      
      * Advice+
      * Book an Advice+ appointment
      * The ScotiaAdvice+ difference
   
    * Getting Started
      
      * Start a financial plan
      * Start investing
      * Start building a budget
      * Start buying a home
      * Start getting out of debt
      * Start your life in Canada
   
    * Planning for life
      
      * New to Canada
      * Finance for students
      * Starting your career
      * Getting married or moving in
      * Becoming parents
      * Starting a business
      * The sandwich generation
      * Finance for seniors
      * Retirement planning
   
    * Banking 101
      
      * Learn about bank accounts
      * Learn about credit cards
      * Learn about borrowing
      * Learn about mortgages
      * Learn about investments
      * Learn about insurance
      * Learn about credit score
   
    * More Advice
      
      * Advice+ features
      * Advice Matters magazine
      * COVID-19 support
      * Interest rates and inflation
   
   View all
   
 * Scene+
   
    * The Program
      
      * Scene+
      * Debit and credit cards
      * Earn and redeem
      * Partners
      * Scene+ app
   
    * Get Support
      
      * Frequently asked questions
      * Program tips
      * Advice+
      * Calculate your rewards
   
    * Scene+ Debit Cards
      
      * Ultimate Package
      * Preferred Package
   
    * Scene+ Credit Cards
      
      * Scotiabank Scene+ Visa Card
      * Scotiabank Passport Visa Infinite card
      * Scotiabank Gold American Express card
      * Scotiabank American Express card
      * Scotiabank Platinum American Express card
      * ScotiaGold Passport Visa card
   
    * Scene+ for Students
      
      * Student Banking Advantage Plan
      * Getting There Savings Program for youth
      * Scotiabank Scene+ Visa Card for Students
      * Scene+ Student Banking Bundle
   
   Explore Scene+
   
 * Bank Accounts
   
    * Products
      
      * Chequing accounts
      * Savings accounts
      * Seniors bank accounts
      * Student accounts
      * Newcomers to Canada account
   
    * Services
      
      * Account services
      * Overdraft protection
      * Canada Deposit Insurance Corporation
      * Change your account
      * Regulatory information
   
    * Banking Basics
      
      * Tips to reduce fees
      * Banking made easy
      * Be rewarded for your banking
      * Save automatically
      * Simpler ways to save
      * Chequing easy switch guide
   
   View All
   
 * Credit Cards
   
    * Card types
      
      * Cash back credit cards
      * Travel & lifestyle credit cards
      * No annual fee credit cards
      * Low interest credit cards
      * Scene+ rewards credit cards
      * Student credit cards
      * Newcomer credit cards
      * Award-winning credit cards
   
    * Services
      
      * Activate your credit card
      * Manage your credit card
      * Order supplementary credit cards
      * Click to Pay - easy, secure online checkout
      * Scotia SelectPay - Installment payment plans
   
    * Resources
      
      * Help Centre - credit cards FAQs
      * Digital banking guide - credit cards
      * Credit cards welcome kits
      * How to redeem your points
      * Credit card fees at a glance
      * Credit card interest rates
      * Checking your credit score
   
    * Protection
      
      * Scotia Credit Card Protection insurance
      * Security and fraud
   
    * Tools
      
      * Compare American Express Credit Cards
      * Calculate your rewards
      * Find the credit card that is right for you
   
   View All
   
 * Mortgages
   
    * Advice
      
      * Connect with a home financing advisor
      * Buying another property
      * Existing homeowners
      * Mortgage renewal
      * First-time homebuyers
      * Renovations
      * Understanding mortgage prepayments and charges
      * Conventional vs. collateral mortgage charges
   
    * Products
      
      * Scotiabank eHOME
      * Scotia Total Equity® Plan (STEP)
      * Fixed rate mortgages
      * Variable rate mortgages
      * Switch to Scotiabank program
      * Mortgage Special Offers and Programs
      * Second home mortgages
      * Scotia Mortgage Protection insurance
   
    * Resources
      
      * Mortgage calculator
      * Mortgage articles
      * Mortgage glossary
      * Mortgage tools
      * Manage your mortgage online
      * Solicitor / Notary
      * Mortgage videos
      * Mortgage rates
   
   View All
   
 * Loans & Lines of Credit
   
    * Loans
      
      * Scotia Plan® Loan
      * Auto loans
      * Grad auto loans
      * StartRight auto finance program
      * Marine & boat loans
      * Motorcycle & leisure vehicle loans
      * Recreational vehicle (RV) loan
   
    * Lines of Credit
      
      * ScotiaLine® Personal Line of Credit
      * ScotiaLine® Personal Line of Credit (STEP)
      * ScotiaLine® Personal Line of Credit for students
      * Scotia RSP catch-up line of credit
   
    * Tools
      
      * Auto loan payment calculator
      * Personal loan calculator
   
    * Borrowing basics
      
      * Building a good credit history
      * The loan or lease decision
      * Lower your overall cost of borrowing
      * Financing Your Home Renovations
      * How to choose a vehicle
   
   View All
   
 * Investments
   
    * Get started
      
      * Plans
      * Products
      * Direct investing
      * Talk to a Scotia advisor
   
    * Plans
      
      * Registered Retirement Savings Plans (RRSP)
      * Tax-Free Savings Accounts (TFSA)
      * First Home Savings Account (FHSA)
      * Registered Education Savings Plans (RESP)
      * Registered Retirement Income Funds (RRIF)
      * Registered Disability Savings Plan (RDSP)
   
    * Products
      
      * Guaranteed Investment Certificates (GICs)
      * Savings Accelerator Account
      * Invest with Mutual Funds
      * Scotia Portfolio Solutions
      * Scotia Aria Retirement Program
      * Scotia Exchanged Traded Funds (ETFs)
   
    * Resources
      
      * Investing basics
      * Pre-Authorized Contributions (PAC)
      * Scotiabank Investment Specialists
      * Regulatory disclosures
      * Wealth management
      * Investment account fees
   
    * Tools
      
      * Scotia Smart Investor via Advice+
      * Investment calculators and tools
      * Money finder budgeting calculator
      * Retirement savings calculator
      * TFSA calculator
      * Scotia iTRADE sustainable investing
   
   View All
   
 * Insurance
   
    * Creditor Insurance
      
      * Scotia Mortgage Protection insurance
      * Scotia Line of Credit Protection insurance
      * Scotia Credit Card Protection insurance
      * Scotia Plan Loan Life & Disability Protection insurance
      * Scotia Business Loan Protection insurance
      * Scotia Loan Protection insurance
   
    * Travel Insurance
      
      * Travel insurance
   
   View All
   
 * Programs
   
    * Programs & Services
      
      * Scene+
      * Indigenous Peoples
      * Bank The Rest® savings program
      * hockey for all
      * Scotia Households
   
    * Specialty Services
      
      * StartRight program for Newcomers
      * Seniors Resource Centre
      * Finance for students
      * Financial Access Program
   
    * Offers
      
      * Credit bureau reports
      * TurboTax
      * Scene+ Student Banking Bundle
   
   View All
   
 * Rates & Fees
   
    * Bank fees
      
      * Bank account fees at a glance
      * Credit card fees at a glance
      * Tips to reduce fees
      * Chequing account rates
      * Investment account fees
   
    * Borrowing
      
      * Credit card interest rates
      * Mortgage rates
   
    * Saving & Investing
      
      * Savings account interest rates
      * GIC Interest rates
      * Mutual funds prices
      * Registered plan interest rates
   
    * Currency
      
      * Foreign exchange rates
      * Foreign exchange services
   
   View All

Search

 * Advice+
 * Scene+
 * Bank Accounts
 * Credit Cards
 * Mortgages
 * Loans & Lines of Credit
 * Investments
 * Insurance
 * Programs
 * Rates & Fees

Language
EnglishFrançais
Scotiabank Sites
PersonalSmall BusinessCommercialGlobal MarketsGlobal WealthAbout UsInvestors
More Sites
 * Contact Us
 * Bank Your Way

Help me choose Book an appointment


LOANS & LINES OF CREDIT



 * All products
 * Lines of credit
 * Loans

Navigation Links All products Lines of credit Loans


CHOOSE A BORROWING SOLUTION THAT’S RIGHT FOR YOU





LINES OF CREDIT


Previous chevron-left



Next chevron-right


SCOTIALINE® PERSONAL LINE OF CREDIT

 * Credit limits starting from $5,000 and up to $75,000.*
 * Access to funds through Mobile App, Online Banking, ABM, Access Card, and
   cheques.
 * Flexible repayment options.‡
 * No need to reapply. 

Learn more about ScotiaLine Personal Line of Credit



SCOTIALINE® PERSONAL LINE OF CREDIT
(REAL ESTATE SECURED)

 * Secured borrowing rates.
 * Eligible product for Scotia Total Equity® Plan (STEP).**
 * Low rates with payment options available.

Learn more about ScotiaLine Personal Line of Credit (Scotia Total Equity Plan)



SCOTIALINE® PERSONAL LINE OF CREDIT FOR STUDENTS



 * Deferred principal payments.◊
   
 * Make interest-only payments while you’re still in school.
   
 * Ability to pay down balance at anytime.
   
 * No annual fees.

Learn more about ScotiaLine Personal Line of Credit for Students



SCOTIA RSP CATCH-UP® LINE OF CREDIT

 * Get preferred lending rate and invest in an RSP for your future.°
 * Make regular contributions to your RSP anytime.

Learn more about Scotia RSP Catch-Up Line of Credit



LOANS


Previous chevron-left



Next chevron-right


SCOTIA PLAN® LOAN

 * Take up to 5 years to pay it back.
   
 * Customized payment structure.
   
 * Choose between a fixed or variable interest rate.
   
 * Manage your loan online 

Learn more about Scotia Plan Loan



AUTO LOAN

 * Get up to $200,000 for your next vehicle.±
   

Learn more about Auto Loans



ECOLIVING AUTO LOAN

 * Buy a new electric, hybrid or diesel vehicle.
 * You could be eligible for a government rebate towards the purchase of a
   qualified vehicle.

Learn more about EcoLiving Auto Loan



GRAD AUTO LOAN

 * Buy a car up to 90 days before you start a full-time job.
 * Skip the down payment with 100% financing.±

Learn more about Grad Auto Loans



STARTRIGHT® AUTO FINANCE PROGRAM

 * Qualify for a loan with no Canadian credit history
 * Take up to 5 years (60 months) to pay back your loan

Learn more about StartRight Auto Finance Program



MARINE AND BOAT LOAN

 * Buy a new boat or used sailboat or power boat of any age.
 * Take your time to pay off the loan – up to 20 years.
   

Learn more about Marine and Boat Loans



MOTORCYCLE & LEISURE VEHICLE LOAN

 * Buy a new motorcycle, All Terrain Vehicle (ATV), quad, snowmobile, personal
   watercraft (PWC) or other leisure vehicle.
 * Or buy a used motorcycle or leisure vehicle that’s up to 5 years old.
   

Learn more about Motorcycle & Leisure Vehicle Loan



RECREATIONAL VEHICLE LOAN (RV)

 * $200,000 for your next RV.±
   

Learn more about Recreational Vehicle Loan (RV)




HOW BORROWING WORKS

When you borrow money, you agree to pay it back with interest over time. With a
loan, you know it will be paid off over a specific period of time with fixed
payments. With a line of credit, you have the flexibility to repay as much as
you want or as little as interest only every month.2



FREQUENTLY ASKED QUESTIONS


HOW CAN A LINE OF CREDIT HELP ME MANAGE MY FINANCES?

A line of credit can help you manage your cash flow, especially for periods in
the year where you have more financial demands such as holidays, or if you have
irregular income. Consolidating your higher interest rate credit card debt and
other high interest credit balances into a new line of credit at a lower
interest rate can help you reduce how much you're paying monthly in interest and
that should help you to pay off your debt more quickly. You could also find a
line of credit useful as an emergency fund. It can help you cover unexpected
expenses, such as major home repairs.





WHAT’S THE DIFFERENCE BETWEEN VARIABLE AND FIXED RATE?

With a variable rate loan, your total interest rate will fluctuate with changes
in the Scotiabank prime rate.

With a fixed rate loan, your interest rate remains the same for the duration of
the term.




WHAT IS THE DIFFERENCE BETWEEN A SECURED AND UNSECURED LINE OF CREDIT?

Through Scotia Total Equity Plan you can have a lower interest rate by securing
your line of credit. Scotia Total Equity Plan (STEP) is a flexible borrowing
plan tied to the equity in your home.

An unsecured personal line of credit doesn’t require an asset but may come with
a higher rate.



LET'S GET STARTED!


Ways to apply

Previous chevron-left



Next chevron-right


APPLY ONLINE

Sign in to Scotia Online to apply for the ScotiaLine® Personal Line of Credit.

Apply now



BY PHONE

Call Scotiabank

1 (800) 4SCOTIA tel:18004726842



IN PERSON

Make an appointment at your local branch

Find a local branch Branck locator link



AT THE DEALERSHIP

Visit your dealer and ask for Scotiabank financing.


Calculate my payments Auto loan calculator



ADVICE+ ARTICLES

Previous chevron-left



Next chevron-right


LOANS VS. LINES OF CREDIT: WHICH COULD BE RIGHT FOR YOU?

Let’s take a closer look at the differences between loans and lines of credit
and find out which solution is right for you.

Learn about Loans Vs Lines of Credit



LEASING VS. BUYING A CAR IN CANADA

Planning to get a car and thinking about whether to buy or lease? Here are some
pros and cons to help you make the final decision.

Know what is better for you



WHAT HAPPENS IF YOU MISS A CREDIT CARD OR LINE OF CREDIT PAYMENT?

Everything you need to know about what happens when you miss a credit card or
line of credit payment, your credit score, and what options you may have.

Consequences of missing a payment


View more Borrowing articlesGo to Advice+ Features page




USEFUL CALCULATORS



Find a loan that works for you

Our personal loan calculator can help you estimate the payment options that best
suit your financial needs.

Launch Personal Loan Calculator



How much do you need to finance a car?

Try our auto loan calculator for an estimate of what you need to finance your
next vehicle.

Launch Auto Loan Payment Calculator



Scotia Total Equity® Plan (STEP) Calculator

Learn how to save on interest by using the equity in your home to borrow at
lower interest rates.

Launch STEP calculator


CHOOSE A BORROWING SOLUTION THAT'S RIGHT FOR YOU

Help me choose Compare all loans and lines of creditGo to Loans and lines of
credit page



RESOURCES

 * Lower your borrowing cost
 * Build a good credit history
 * Finance your home renovations
 * How to choose a vehicle

 * Banking 101  - Borrowing
 * Auto Loan Glossary
 * Insurance basics
 * Maintenance matters


View legal footnotes

Lines of credit
*
Subject to credit approval and security provided. The interest rate you pay on a
ScotiaLine Personal Line of Credit Account is expressed as Scotiabank Prime Rate
plus an adjustment factor. The interest rate you pay will vary automatically
when Scotiabank's Prime Rate changes.  Scotiabank Prime Rate is the prime
lending rate of The Bank of Nova Scotia as published from time to time.  Please
click here for our current Scotiabank Prime Rate.
**
Some conditions may apply.
♢
While you remain in school you will be required to make a minimum payment of
interest only on your ScotiaLine Personal Line of Credit for Students (the
“Account”) and interest will continue at the interest rate that applies to your
Account on any amount you borrow from the date you borrow until you pay that
amount in full. See your Credit Agreement and Disclosure Statement we provide
you when you apply or speak with your Scotiabank Advisor for more information
and how interest is charged to your Account.
‡
If you qualify then interest-only minimum payment will be the greater of the
interest portion only of the outstanding balance on your statement, or $50,
subject to your minimum payment being no more than the outstanding balance on
your statement. In addition, amounts showing on your statement as overdue or
over limit must be paid immediately and will be added to the minimum payment.
Other minimum payment options may be available.
°
The interest rate for the Scotia RSP Catch-Up Line of Credit is Scotiabank Prime
+1% if the RSP contribution is invested with a Scotiabank Group Member or any
other Financial Institution. The interest rate you pay on a Scotia RSP Catch-Up
Line of Credit will vary with Scotiabank Prime. Scotiabank Prime is the prime
lending rate of The Bank of Nova Scotia as published from time to time. For
current rates and information on fees and interest cost, call 1-888-882-8958.
Loans
±
Subject to credit approval and security.




HAVE A QUESTION?

We have an answer.

Help Centre


CALL SCOTIABANK

1.800.4SCOTIA

More phone numbers


GET ADVICE

Meet with an advisor.

Book an appointment




 * Careers
 * Security and Fraud
 * Legal
 * Privacy
 * Accessibility
 * AdChoices

© Scotiabank. All Rights Reserved.
English
English
Français