Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
- Money.caThose with excellent or even good credit would be better served by another card that offers lucrative rewards or cash back. But by approving virtually all applicants, Home Trust Secured Visa provides an opportunity to those who are in greatest need of improving their credit.
- Enoch Omololu, SAVVY New CanadiansThe Home Trust Secured Visa is for folks who have a poor or bad or even no credit rating. If you are unable to qualify for a regular credit card, this card can help you build or rebuild your credit rating.
- MoneyGeniusThe Home Trust Secured Visa is one of the best secured credit card options in Canada – but it’s also one of a very few. You’re virtually guaranteed to be approved, so it can be one of your best options for improving your credit score. Plus you’ll get a slightly discounted foreign exchange fee (2%) a...
- Mohamed Konate, My Rate CompassThe application process is very simple and almost everybody is approved! Build or re-build your credit, even if you’ve had credit difficulties in the past, or have never had a credit card before! An excellent opportunity to establish your credit rating.
Interest Rates | |
---|---|
Regular APR Interest Rate | 19.99% |
Balance Transfer Interest Rate |
Balance Transfers Not Allowed |
Cash Advance Interest Rate | 19.99% |
Rates & Fees | |
Annual Fee | $0.00 |
Balance Transfer Fee | |
Cash Advance Fee |
1% Minimum of $2.50, maximum of $10.00 |
Foreign Transaction Fee |
2% Transactions made in a foreign currency will be converted and posted to your account in Canadian currency. |
Over Limit Fee | $29.00 |
Late Payment Fee | $0.00 |
Promotions | |
Sign up bonus | No |
Rewards | |
All Purchases | No |
Restaurants | No |
Gas | No |
Groceries | No |
Hotels | No |
Travel | No |
Pharmacy | No |
Bills | No |
Features & Benefits | |
Additional Card Holders | Yes |
Travel Accident Insurance | No |
Car Rental Insurance | No |
Car Rental Discount | No |
Extended Warranty | No |
Purchase Protection | No |
Zero Liability | No |
No Foreign Transaction Fees | No |
Emergency Assistance | No |
Concierge Service | No |
Price Protection | No |
Fraud Protection | No |
Free Credit Scores | No |
Wireless Payments | No |
Virtual Cards | No |
Eligibility | |
Minimum Security Deposit | $500 |
Minimum Age |
18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces. |
Minimum Personal Income | |
Temporary Residents | No |
More | |
Additional comments | - |
Terms & Conditions | Official Terms & Conditions |
Suggest a correction |
Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.
Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.
Help inform others by sharing your experience with No Fee Home Trust Secured Visa Card