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How to Pay Your Line of Credit with BMO: Guidebook for Online Banking, Mobile App, and Customer Service

Bank of Montreal (BMO) has made it easier for clients to clear their line of credit and maintain an impressive credit score. With a plethora of options readily available, this guide will walk through how customers can manage and pay their BMO line of credit using the online banking platform, BMO Mobile app or by phoning BMO customer service directly.

Option 1: Paying Your Line of Credit Via BMO's Online Banking

With 24-hour access, 7 days a week, BMO's online banking platform makes payments comfortable and convenient. Follow these steps to make a payment:

• Login to your online banking account with your card number and password.
• Navigate to “My Accounts” and select the line of credit you want to pay.
• Click on “Make a Payment", and follow prompts to complete the transaction.
• Review your payment details and click “Continue.”
• Save the transaction receipt for future references.

BMO's online banking system allows customers to schedule future payments or set up auto-payments, making line of credit payments hassle-free.

Option 2: Paying Your Line of Credit Via BMO Mobile App

Use your smartphone to manage your line of credit on the go with the BMO Mobile app. Follow these steps:

• Download and install the BMO Mobile app from Google Play or the App Store.
• Login with your online banking credentials.
• From the homepage, select "Make a Payment" and choose the line of credit account.
• Fill in the payment details and confirm the payment.

What sets the mobile app apart is its innovative technology, including fingerprint recognition and face ID for secure and easy login.

Option 3: Paying Your Line of Credit Via BMO’s Customer Service

Prefer human interaction? BMO's customer service is always ready to help process your line of credit payments.

• Call BMO's customer service hotline at 1-877-225-5266.
• Follow the automated prompts or request to speak with a representative.
• Provide your bank information and the amount you want to pay towards your line of credit.

Calling BMO's customer service may be particularly useful when experiencing issues with online or mobile banking. They can provide immediate assistance and ensure your line of credit stays up-to-date.

Conclusion

Paying off a line of credit with BMO has never been simpler, thanks to BMO’s online banking, mobile app, and dedicated customer service. By understanding and utilizing these methods, management of your financial health can be at your fingertips. Remember, a well-maintained line of credit is a step towards a strong credit history and financial freedom.