Discover the benefits
Know what to expect
Learn how to access funds
Understand lines of credit
Benefits
Experience multiple benefits of our lines of credit:
- Save time — you can save time and energy by not having to move money around or worry about payment dates
- Peace of mind — credit is protected and extra funds are available if you are short in your account due to miscalculation and other factors
- Convenience — access to funds 24/7 through ATMs, online banking, cheques, and no loan appointments needed
Lines of credit 101
Features
What is a line of credit (LOC)? It is a variable rate loan that may be used at any time. It is perfect when you have an emergency and need some extra cash.
You can expect lines of credit to:
- Provide revolving credit
- Provide flexible repayment options
- Only be charged interest on the amount during the days you are into your line of credit (LOC) of the month
Accessibility
Access your funds
You can access your funds through:
- SASCU cheques
- Any SASCU ATM
- Thousands of ATMs across Canada using the AccuLink®
and THE EXCHANGE® - Online banking
- In Branch — request in advance
Tools & Resources
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