The ScotiaLine Visa card is not just a regular line of credit; it is a leading personal line of credit with the convenience of no fee visa card access. You have a great personal borrowing tool which combines the high credit limits and low rates of a personal line of credit with flexibility to use it anywhere, anytime.With the ScotiaLine Visa Card you have no annual fee and credit limits ranging from $20,000 to $500,000. Your credit limit depends on your credit history and credit rating; once they are in good standing getting a high credit limit is easily attainable.
The interest rate you receive is a variable interest rate which is either Secured of Insecure. The Secured rate is Scotiabank Prime Rate + 1%. As of April 22nd 2009, the current Scotiabank Prime Rate + 1% is 2.25%; giving you a total interest rate of 3.25% which is among the lowest interest rates out there.
The Insecure rate is Scotiabank Prime Rate + 4.99%; therefore with the current prime rate it is 7.24%. Secured or Insecure rates are both great rates for any credit card and with the ScotiaLine Visa Card you have access to both.
A few bonus features is purchase security and extended warranty protection, complimentary Scotia Visa cheques and optional Line of Credit Protection.
You can get up to 21 interest free grace period on new card purchases giving you ample time to either paying off the entire balance or paying your monthly balance.
Don’t miss the chance to getting this great credit card, apply today and start using your line of credit with ease.
Click Here if you are interested in applying.