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Canadiens1234

Line of credit interest rates

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12 minutes ago, Canadiens1234 said:

What bank offers the best rate? I'm at RBCand the rate I have is 2.95%. Within the bank of Canada probably raising rates again, I just wanted to see where the beat banks would be. 

I am with Scotibank bank and my LOC is also at 2.95%.

I think most big banks offer prime less .25% for medical students. Prime right now is 3.2% for the big banks. I think a .25% hike in the BoC interest rate is imminent on Jan 17.

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