Bad credit? No credit? No problem!

Secured credit cards are the best way to build your credit. You are virtually pre-approved and will have a limit that you set yourself, from $300 to $25.000!

  • No credit history - newly landed immigrants, students
  • Bad credit history - past credit problems, bankruptcy

Home Trust Secured Visa Card

Home Trust Secured Visa

Peoples Trust Secured MasterCard

Account set-up fee
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$39 $49
Service fee/Annual fee
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$7,50 monthly ($90 a year) $5,95 monthly ($71,40 a year)
Online account management Yes Yes
Minimum safety deposit
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$500 $500
Interest rate - purchases 24.99% 19.50%
Interest rate - cash advances 24.99% 24.50%
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You have many options to pick from for secured credit cards in Canada. Secured credit cards are designed to help people re-establish or build credit record. Banks may not issue a regular credit card if you do not have enough credit history in Canada. If this is the case, start with a Home Trust Secured Visa Card or Pepoles Trust Secured MasterCard. Both will give you the peace of mind you need. Compare the credit card features and select the one that fits your needs the best.

As you establish your credit, you can close the secured credit card account, get your deposit back and apply for a regular credit card. Don't waste more time, apply for a secured credit card and start building your credit in Canada today!