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BMO Bank Review - Is It Worth It? (2024)Currently, BMO offers a variable interest rate, typically around 7%. This rate is applied to the outstanding daily balance and charged monthly. bmo logo. BMO Business Line of Credit Rates. Current Interest Rates as of November 7th, BMO Credit Line for Business: Starting from % to Get ongoing access to the money you need with a personal line of credit from BMO. Check out today's rates and contact us today.