Loans and Lines of Credit › Personal Line of Credit

Personal Line of Credit

Family choosing a bank account

A smart way to borrow responsibly

A TD Personal Line of Credit is a smart borrowing option to finance everyday purchases and larger purchases like a car or home renovation, as well as, paying off debt and much more.


Convenient Access

Access your credit through your TD Access Card1, cheques and EasyWeb online banking.


Use it again

As soon as you pay any of the credit you've used, it’s available again (subject to the terms of your Line of Credit agreement).


No need to re-apply

Apply once for a credit limit that you can continue to access.


Choose how you repay

Pay as little as the minimum payment requirement as set out in your Line of Credit Agreement, or any greater amount up to the entire balance.

Borrow up to $50,000

What are my rate options?

Competitive Variable Rate

Fixed Rate Advantage Option

  • Lock all or a portion of your outstanding balance into a fixed interest rate for a one year term and payments can be amortized from one to seven years
  • Protect yourself from rate increases and establish regular fixed payments
  • The minimum amount for a Fixed Rate Advantage Option (FRAO) is $2,000. Once the term is finished, any remaining balance will move to the variable rate
  • You can do multiple Fixed Rate Advantage Options, up to 40

Have a personal consultation to discuss your options. Call 1 877 247 2265

Line of Credit Critical Illness and Life

Protect your family from outstanding line of credit debt - one less thing to worry about.

Ready to apply?

Call to apply

1 866 222 3456

Book an Appointment

By Address, Intersection, City, Postal Code OR by Branch Number

Book now

Apply online

You can conveniently submit an online application.

secure login  Apply now

What you'll need:

  • Social Insurance Number (optional)
  • Current address and previous address (if current address is less than 3 years)
  • Your income (sources and amount)
  • Your monthly mortgage or rent amount
  • Your monthly payments (loans, credit cards, lines of credit)
  • Household costs, (utility, property tax, insurance, etc)