RBC Bank's (USA) Line of Credit works like a credit card - as the customers pay down balances owed, the money is available to use again. This account has features such as personal credit lines starting as low as $500, variable monthly payments, flexible repayment terms and no application fee. The bank offers Smart Protection of credit Life and Disability Payment Protection Insurance that offers financial security for the customer and their family. This is available with most loans or lines of credit and can be included in customer's monthly payments. This account offers convenient access to transfer money from the customer's line of credit to their checking accounts through Online Banking and Overdraft Protection for the customers RBC Bank checking accounts.