FinviloRBC Royal Credit Line vs TD Personal Line of Credit
Both are revolving personal lines of credit from big Canadian banks, available as unsecured or secured options. The table shows only what each bank publishes.
| Feature | RBC Royal Bank | TD Canada Trust |
|---|---|---|
| Where available | Not confirmed. Ask the provider about residence and membership requirements. | Not confirmed. Ask the provider about residence and membership requirements. |
| Repayment | Interest-only payments and flexible schedules available. | Not confirmed |
| Withdrawal fee | No fee to withdraw funds. | Not confirmed |
| Structure | Revolving line of credit, not an instalment loan. | Revolving credit. |
| Minimum unsecured limit | CAD 5,000. | Not confirmed |
| Minimum limit | Not confirmed | CAD 5,000. |
| Rate structure | Not confirmed | Variable, with a fixed-rate option for all or part of the balance. |
| Funding speed | Not confirmed | Not confirmed. |
| Details | Full profileOfficial provider page | Full profileOfficial provider page |
Our take
Both price off prime, and the rate you are offered depends on your credit and whether you secure the line. Ask each bank for your actual rate and minimum payment before choosing.
Rates and fees change. Confirm current terms on the provider's official page before applying. General information, not personalized advice.