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BMO LOC Interest Rate - Where to find?

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  • Aug 31st, 2022 9:55 am
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Jan 16, 2011
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BMO LOC Interest Rate - Where to find?

Hey All;

Just hoping to avoid calling into BMO as I have read that the call times are obscene for waiting right now. I got a BMO LOC back in January but have never used it and am looking at dipping into it but I don't know what the interest rate is. I have the original paperwork and it was 4.25% but checking the account online or thru the mobile app doesn't tell me what the current rate is... I also have not received a statement as I have not used it so I don't know what the current rate is. BOC has raised Prime 2.25% since I got the LOC so I am thinking it's in the neighbourhood of 6.5% but cannot find the actual rate anywhere inside my BMO account.

Do I have to call in too get this info or am I missing something obvious?

Thanks all.
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