Personal Line of Credit

Access to funds you need for unexpected expenses, sudden needs or major purchases

Current Promotional APR1


For the first 6 months

Current Variable APR1


As of 10/01/2022, subject to the floor rate of 5.25% APR


Download Application  |  Consumer Loan Fee Schedule

Product Features & Benefits

  • Unsecured line with a 3-year draw period2 followed by a 4-year repayment period

  • Line amounts range from $3,000 to $50,0003

  • Accessible by check, PersonalExpress Visa® card, online or mobile via internal transfers, and in branch

  • Minimum payment of $30 or 2% of outstanding principal plus accrued interest during the draw period

  • Monthly payment of fully amortized principal amount plus accrued interest during the repayment period

  • Pay interest only on what you borrowed

  • No collateral required

Interested in learning more?

Clipboard Icon

Compare All Loans and Lines

See if a loan or line fits your needs better

Percentage Icon

Current Rates

Open an account and start earning interest at competitive rates that are compounded daily

Newspaper Icon

Product Guide

Additional product information and what you need to know

Take the Path to Financial Success

ASB Financial Wellness screenshot

Get Started

Free financial education courses, available on desktop and mobile

Financial Checkup screenshot

Financial Checkup

Take our real-time assessment to see where you're at

Calculators screenshot


Use our helpful tools to prepare for your next milestone

Common Questions:

Personal Loans vs. Personal Line of Credit (PLOC): What's the Difference? Thumbnail

Personal Loans vs. Personal Line of Credit (PLOC): What's the Difference?

Have you ever needed extra cash? Most of us have at some point, whether planning a family vacation or having your car breakdown suddenly. Being able t...

Read More >

Understanding Interest Rates thumbnail

Understanding Interest Rates

You might have heard about interest rates but do you really know what they are and how they can help your finances? You might know that interest is th...

Read More >

Identity Fraud Thumbnail

Armor Up Against Identity Fraud

Fraudsters these days are more conniving and persuasive than ever before. But, you can keep your identity and your finances secure all year round by s...

Read More >

  1. Annual Percentage Rate (APR) is 3.99% fixed for six months (months 1 through 6 introductory rate), from the date your new PLOC is opened. Introductory rate is based on borrower’s credit score and for approved applications received 10/01/2022 to 03/31/2023 that fund by 04/30/2023. American Savings Bank reserves the right to not apply the introductory rate to anyone receiving it previously. After the Introductory Rate ends, the interest rate is variable. Current variable rate effective 10/01/2022 is 10.00% APR to 18.00% APR, and is subject to change monthly based on the highest Prime Rate published in the Wall Street Journal, plus a margin (subject to the floor rate of 5.25%; maximum APR is 18.00%). Rates are subject to change at any time without prior notice.
  2. There are fees assessed annually during the 3-year draw period. A Document Prep Fee of $25 is assessed during the first periodic statement and a $25 Annual Fee is assessed annually thereafter for years 2 and 3.
  3. Loan application required. Offer is for creditworthy applicants (including income verification) who qualify for an American Savings Bank (ASB) Personal Line of Credit (PLOC).