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With a personal line of credit from Santander Bank, you can consolidate debt, pay for tuition, or cover unexpected expenses.

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Personal Line of Credit

Let a Personal Line of Credit help achieve your goals. Whether you need to make necessary home or car repairs, tuition payments, or have other major expenses, your Personal Line is there to help you do the things that matter.

Plus, you'll only pay interest on the amount of credit you use, and no collateral is required.



  • Borrow from $5,000 to $25,000. No collateral required.
  • Competitive variable rates as low as 7.74% APR.
  • Rate discount when you set up automatic payments from any Santander Bank checking account.
  • No annual fee for Santander Select, Premier or Premier Plus deposit accounts.
  • Access your line of credit easily via checks or online account transfers, up to your available credit limit.
  • Reuse your line of credit as you repay it.

What Can a Personal Line
of Credit Be Used For?



Making necessary home repairs.



Covering unexpected expenses,
like car repairs or medical bills.



Financing higher education costs
without drawing on your savings.

Monthly Payments

Monthly payments on a Santander Personal Line of Credit with five year draw period and five year repayment period and our best rate of 7.74% APR1

Draw Amount Principle and
Interest Payment
Interest Payment
$5,000 $115.58 $32.25
$10,000 $231.17 $64.50
$20,000 $462.33 $129.00

Rates assume automatic payment from any Santander checking account.

Is a Personal Line of Credit
Right for Me?

Wondering how much your payments might be with a Personal Line of Credit? You can run the numbers using these handy calculators:

Compare Personal Line of Credit
and Personal Loan
  Personal Loan Personal Line
of Credit
No Collateral Required
APR Discount with Autopay from Any
Santander Bank Checking Account
Ongoing Access To Credit As You Need It  
Get Money You Need In One Lump Sum  
Re–Use As You Repay  
Predictable Fixed Monthly Payment  
  Learn More Apply Now

Frequently Asked Questions
  • A loan is an amount of money that you borrow for a specified length of time. You receive a one-time, lump-sum that is paid down through fixed monthly payments with a fixed rate and fixed term. A line of credit is a borrowing limit extended to you. The funds are available to you up to a pre-assigned credit limit and you have the ability to re-use your line of credit as you repay. Your monthly payment will be based on the amount of the line you have outstanding.

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Bravo Credit Card

Bravo® Credit Card

Earn up to triple points on the most common everyday purchases.

  • Earn 3x rewards points on supermarket, gas station, and restaurant purchases; Up to 15,000 points per calendar quarter; 1x points on everything else¤.
  • 0% Introductory Annual Percentage Rate (APR) for 18 billing cycles on balance transfers made within 90 days of opening your account; After the introductory period a variable APR for balance transfers from 16.24% to 25.24% based on the Prime Rate and your creditworthiness.
  • Earn 10,000 bonus points when you spend $1,000 on new net retail purchases with your card within the first 90 days of opening your account¿.
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Borrow up to $25,000 with no collateral required with a personal loan from Santander Bank.

Personal Loan

Simplify your financial life by consolidating your debt with a Personal Loan.

  • Provides your money in one lump–sum, and with a predictable monthly payment.
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1 Rates: To get a Personal Line of Credit ("Line") with the best Annual Percentage Rate (APR) shown above, you must live in MA, RI, CT, NH, NJ, PA, NY, DE, ME, VT or DC and use automatic payment (ePay) from any Santander checking account. If ePay is discontinued, the interest rate will increase by 0.25 percentage points and your payment will increase. You must also meet our highest credit standards. Ask about higher rates that may be available for applicants who do not meet those standards. For new Lines of Credit, your initial APR is based on the U.S. Prime Rate published in the Money Rates table of The Wall Street Journal on the date you sign the credit agreement for your new credit account. Thereafter, your APR may vary monthly based on the U.S. Prime Rate published in the Money Rates table of The Wall Street Journal on the first business day of the month, plus a margin of 4.24% (now 7.74% with ePay for credit qualified applicants). The minimum Line APR is 6.49% and the maximum rate is 18.00% APR. Fees: The $50 annual fee is assessed in the first month after the account is opened and each following year on the account anniversary date during the draw period. The fee will be waived if you have a Santander Select, Premier or Premier Plus checking account at the time the fee is assessed and will be reduced to $25 if you have a Preferred checking account. All other accounts will be assessed the standard $50 fee. Draw & Repayment Terms: The Line has a five-year draw period during which you can obtain advances and elect either principal and interest or interest-only payments. Thereafter, no additional advances may be taken and the Line will enter its five-year repayment period during which you must repay both principal and interest. Other Information: Line use is subject to the terms of the Personal Line of Credit Agreement, including terms that permit Lines to be suspended, reduced or terminated in certain circumstances. The minimum Line amount is $5,000 and the maximum is $25,000. All information is accurate as of 03/01/2016 and is subject to change. Line accounts are subject to approval.

† Accounts must be in good standing. Applies to new net retail purchases only.

¿ 0% Intro APR for 18 billing cycles on balance transfers made within 90 days of opening your account. After introductory period a variable APR for balance transfers from 15.99% to 24.99% based on the Prime Rate and your creditworthiness, with a transaction fee for each balance transfer of either $10 or 3%, whichever is greater. Variable APR for purchases from 15.99% to 24.99%, based on your creditworthiness when you open your account. Cash advance rate of 24.99% APR. Minimum finance charge of $1.50. The fee for cash advances is $10 or 5%, whichever is greater. Penalty rate of 29.99% APR. The foreign transaction fee is 3% of the gross amount of transactions made in a foreign currency and transactions made in U.S. Dollars that are processed outside the 50 United States, District of Columbia, Puerto Rico, or Santander ATMs in Mexico. Purchases of wire transfers from a non-financial institution of either $10 or 4% of the amount of each transaction, whichever is greater. The annual fee is $49 per year (waived for the first year of the account, and waived in each of the subsequent years on the anniversary date of the account if you maintain a Santander SelectSM checking account or if you are qualified for a Santander® Bank employee checking account). There is no grace period on balance transfers. Also if you take a balance transfer offer, this means that unless your purchase APR is at an introductory or promotional 0% APR, you will pay interest on new purchases from the date made if you do not pay all balances, including the promotional balance transfer, in full by the next payment due date appearing on your statement. Rates are effective as of today. Please see the Terms and Conditions for additional rate, fee, and other cost information.