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No Fee Home Trust Secured Visa Card review

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Advertiser Disclosure

Annual Fee
Minimum Deposit
Interest Rate: Purchases
Balance Transfer

Informr score
The No Fee Home Trust Secured Visa Card currently has an Informr score of 8.5 out of 10. This score is based on our evaluation of 4 sources including reviews from users and the web's most trusted critics.

Am I eligible?

No Fee Home Trust Secured Visa Card is typically available to those with poor credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada
Yes Provide a minimum security deposit of $500.

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.

What the Critics Are Saying...

Those 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.

SAVVY New Canadians
SAVVY New Canadians

The 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.

- Enoch Omololu, SAVVY New Canadians

The 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...

- MoneyGenius
My Rate Compass
My Rate Compass

The 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.

- Mohamed Konate, My Rate Compass


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
Sign up bonus No
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
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
Additional comments -
Terms & Conditions Official Terms & Conditions
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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.

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