Effective January 1, 2026: Conexus Credit Union 2006, Cornerstone Credit Union Financial Group Limited, and Synergy Credit Union Ltd. amalgamated as Conexus Credit Union. Learn more.
Lines of credit for your life
A line of credit gives you flexible access to money when you need it, without the hassle of reapplying. As you pay it back, those funds become available to use again – giving you ongoing financial freedom. Whether you’re needing to cover unexpected costs, planning a vacation or renovation, or managing everyday costs, a line of credit lets you borrow on your terms. Plus, you only pay interest on what you borrow and choose how and when you pay it back. We have several lines of credit options to choose from:
Personal Line of Credit
Our QuickLine product is our version of a personal line of credit. You can borrow up to a certain limit, pay it back and borrow again, with no end date or need to reapply.
✔ Reuse available credit
✔ Variable interest rate
✔ Flexible repayment options
✔ 24/7 access
Great for: covering unexpected expenses, paying for vacations or renovations, making a large purchase, consolidating debt, etc.
RRSP QuickLine
A RRSP QuickLine is a flexible line of credit designed to help you contribute to your RRSP. Unlike a traditional loan, it offers a revolving credit limit.
✔ Borrow as you need
✔ Reuse funds once repaid, without reapplying
✔ Flexible payment terms
Great for: Topping up your RRSP contributions, including any unused RRSP room from previous years, to lower your taxable income.
Overdraft Line of Credit
Avoid missed payments and fees by adding an Overdraft Line of Credit to your chequing account. It provides a flexible safety net to cover unexpected expenses and only pay interest on what you use.
✔ Helps to prevent declined payments, fees and late charges.
✔ Extra money to cover purchases and expenses when you don’t have enough money in your account.
✔ Automatic repayment when funds added to your account.
Great for: individuals with fluctuating income, anyone looking to avoid missed payments, and help cover unexpected costs with ease.
Home Equity
Our Home Plus Plan allows you to borrow up to 80% of your home’s current value. These funds can be used as revolving line of credit, a term loan, or even a regular mortgage.
✔ Loan product variety
✔ Flexible borrowing options
✔ Increase the value of your home
Great for: since lending values for the Home Plus Plan are based on the amount of equity you have in your home, this plan is best for those who have already established substantial equity.
Curious about your payments? Our loan calculator makes it easy to estimate your costs and find the best financing options for you. Just enter a few details and instantly see how different terms and interest rates affect your payments.
Debt consolidation calculator →
Struggling with multiple payments? Our debt consolidation calculator helps you see how combining your debts into one manageable loan could save you money and simplify your finances. Enter your balances, interest rates, and terms to discover a smarter way to pay off debt faster.
Have questions?
That's what we're here for!
Meet with one of our advisors to find out how much you can get approved. Fill out our contact form and we'll contact you within one to two business days!