No Fee Home Trust Secured Visa Card Review
The Home Trust Secured Visa card is suited for people who need to rebuild or reestablish credit.
Apply Now lock
Recommended Credit Score:
0 669
Poor or No Credit
$0
Welcome Bonus Value
$0
Annual Fee
19.99%
Purchase Interest Rate
NA
Min Personal Required
No Fee Home Trust Secured Visa Card
lock
Apply Now
My Rate Compass Rating: star star star star star_outline (4.4)
Bank Name:Home Trust
Network Type:VISA
Awards:Best Credit Card Award Winner
No Fee Home Trust Secured Visa Card
Welcome Bonus
The Home Trust Secured Visa card is suited for people who need to rebuild or reestablish credit.
Annual Fee
$0
No Fee Home Trust Secured Visa Card
Card Details

No Fee Home Trust Secured Visa Card Review

The best way to get the credit you deserve.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.


Get all the benefits of Visa* while re-building your credit:

  • Make purchases over the phone or online
  • Plan and book a vacation
  • Access cash anytime, anywhere from over 1 million ATMs around the world displaying the Visa or Plus logo
  • Shop at over 24 million locations worldwide

The Home Trust Secured Visa Card is a credit card that requires a security
deposit for eligibility. Your credit limit is then set at the amount of the
deposit. You can put down as little as $500, or as much as $10,000

The Home Trust Secured Visa Card is not available to residents of Quebec.
Insurance
  • Priority airport services No
  • Airport lounge access No
  • Concierge service No
  • Balance protection(Optional) No
  • Purchase Security & Extended Protection Insurance NO
  • Flight delay insurance,Baggage Insurance No
  • Vehicule rental insurance No
  • Travel accident insurance No
  • Travel medical insurance No
Fees and Eligibility
Fees
  • Annual Fee: $0
  • Additional Card Fee: $0
  • Purchases Interest Rate: 19.99%
  • Cash Advance Interest Rate: 19.99%
Eligibility
  • You're a Canadian resident
  • You've reached the age of majority in your province or territory
Recommended Credit Score:
0 669
Poor or No Credit
Our Rating
My Rate Compass Rating: star star star star star_outline (4.4)
Rating Methodology: My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category. Credit card rating methodology
Editorial Guidelines: Learn more about our editorial guidelines here.
Pros and Cons
The application process is very simple and almost everybody is approved!

No Annual Fee: The annual fee is the cost that your credit card provider automatically charges each year to your account to allow you to keep the card account open. There is no annual fee for this card.

 No-Interest Grace Period: 21 Days

The grace period is the time you have to pay your balance in full without incurring a finance charge at the end of your billing period.

 Set your own credit limit

Your credit limit is set based on your deposit and can range from $500 to $10,000. Your deposit amount will be your credit limit.You can choose your own credit limit and spending power with this card which gives you a lot of flexibility.

 90 days Purchase protection

Insures eligible items against theft or damage for 90 days from the date of purchase

 Shop and pay online

You can use your credit card to shop online, pay bills and set up accounts online

Visa Worldwide acceptance

You can use your credit card everywhere Visa is accepted in the world. Visa offers a secure and reliable method of payment in 200+ countries and territories.

Editor's Review

The Home Trust secured credit card is an excellent credit card that enables those who do not have a good credit score to rebuild and reestablish it.

Almost everyone is approved(No credit, poor credit, bankruptcy and  consumer proposal).

To be approved for this secured credit card, the applicants need to provide a security deposit of $500 minimum and be of the age of majority in the province of residence.

This credit card does not offer any rewards but provides a 90 purchase protection to insure eligible items against theft or damage for 90 days from the date of purchase.

Each month Home Trust reports to Equifax and Transunion. This will ensure that your payment and credit history related to your Home Trust Secured credit card is updated with the major Canadians credit bureaus accordingly. You will need to make your payments on time each month to rebuild your credit.

Home Trust will give you back your deposit when you close your account.

The Home Trust secured credit card is one of the best cards in the market that can help you build your credit.

 

Awards