Lines of Credit (LOC)
Flexibility for your finances. A LOC ensures access to funds when needed-without waiting or arranging for a personal loan.
Access the funds you need whenever you need them
Overdraft Protection
Convenient
Overdraft protection is a small line of credit attached directly to your chequing account. It gives you that financial breathing room and acts as a simple way to protect your credit rating.
KEY FEATURES
- Interest is charged only when used and is calculated on the amount used
- Monthly overdraft fee applied only when used
Personal Line of Credit
Control your own credit.
Use incase of emergency, unexpected expenses or whatever you like.
Key features
- Competitive interest rates
- Flexible payment schedules – monthly, weekly, or bi-weekly
- Pay interest only on amount of funds used
- Access funds using online banking, debit card, ATMs, etc.
Student Line of Credit
A flexible way to make continuing education possible.
Students enrolling in full-time or part-time studies at a recognized post-secondary educational institution are eligible.
Key features
- Flexibility to take out and pay back portions of your loan whenever you want.
- Convenient and affordable interest-only payments while in attendance.
- Flexible repayment schedules.
- Apply once and advance funds as needed.
- You pay interest only on amount used.
RRSP Line of Credit
Perfect for people who make annual contributions by borrowing.
Making an annual RRSP contribution is as easy as transferring the funds from a pre-arranged line-of-credit.
Key features
- Competative rates
- Flexible repayment options
- Available to purchase Beaubear Credit Union RRSP products
- Available to purchase Mutual Funds**
**Mutual funds are offered through Credential Asset Management Inc. Commissions, trailing commissions,management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, cash balances, mutual funds and other securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Line of credit rates
Take a look at the latest, competitive rates on offer for our line of credit solutions.
Select Image
Level up your financial know-how
Guide to borrowing
Any time you take on debt, it’s important to understand the ins, outs, and implications of your choices.
What is a credit score?
You’ve likely heard of credit scores, but what exactly do they mean for you and your finances.
Honest Money
Get more genuine tips, tricks, and helpful resources on our Honest Money blog.
Security Legal Site Map Privacy Ombudservice
Copyright 2024 Beaubear Credit Union. All rights reserved.
Copyright 2024 Beaubear Credit Union. All rights reserved.
