Create your own loan, whenever you need it and only pay interest when you use it.
Your line of credit is in your account, ready to be used when you decide to use it. Since you don’t need to talk to your advisor before tapping into it, you have the freedom to decide when and how to use of your line of credit.
With a line of credit, you only pay interest on the amount you use, at a lower interest rate than a credit card. This makes a line of credit a great option for quick access to funds, short term financing needs or covering unexpected expenses.
At Cambrian, we keep our lending rates among the lowest in our local market to save you money.
Save $234 (or more) in fees every year with Cambrian’s unfee. Just set up a monthly direct deposit into your personal banking account.
That could mean a week’s worth of groceries... or something fun like 42 more morning lattes.
With unfee, we’ll refund your monthly account fee and qualifying transaction fees on the first day of each month.
For example, with a Premium Chequing Account, we would refund your monthly account fee of $19.50 (plus any other qualifying service fees), saving you a minimum of $234 each year!
*Based on $19.50/month Premium Chequing Account with Direct Deposit, plus any other qualifying service fees. Based on pricing for Starbucks grande Caffe Lattes and groceries for family of three (Woman 19-30, Boy 4-8, Child 1-3) in Canada’s 2025 Food Price Report.
Payment Protection is optional and covers your line of credit payments in the event you become sick or injured, or pays off the outstanding balance of your insured debt if you pass away.
*Payment Protection is optional and is underwritten by Co-operators Life Insurance Company. Supporting services, such as enrollment intake, medical underwriting and claims administration are provided by the employees of CUMIS Services Incorporated. Coverage is governed by the terms and conditions of the creditor’s group insurance policy issued to the creditor and is subject to terms, conditions, exclusions and eligibility requirements. See the Product Guide and Certificate of Insurance for full coverage details.
We know your time is precious, so we strive to make your experience quick and seamless.
Before applying for a line of credit, determine the amount you would need by estimating when & how you will use it.
If you own your home, consider using the equity in your home (value of your home minus what you owe) to qualify for a Home Equity Line of Credit at a lower interest rate.
With a line of credit, you only use the amount you need, when you need it. This also means you only pay interest on the amount you use.
You can apply for a line of credit online, meet with an advisor via video and sign your documents electronically. No need to step foot in a branch.
