Card Details

Bank Name: Refresh Financial
Network Type: VISA
Card Type: Personal
MRC Rating 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.: (4)


Annual Fee: $12.95
Additional Card Fee: $0
Purchases Interest Rate: 17.99%
Cash Advance Interest Rate: 17.99%


  • You're a Canadian resident
  • You've reached the age of majority in your province or territory

Recommended Credit Score

Poor or No Credit (0-669)

Refresh Financial Secured Credit Card Review

Welcome Bonus:
Apply Now On Refresh Financial's Secure Website
Refresh Financial Secured Credit Card snapshot

Refresh Financial's Secured Visa Card helps you establish and rebuild your credit and improve your credit score.

Anyone with little or no credit, bankruptcy and consumer proposals can apply.

All you need is a security deposit to get approved. As you use your card and make monthly payments on time, they are reported to the credit bureaus and this builds your credit score.

Refresh Financial Secured Credit Card Rewards
Refresh Financial Secured Credit Card Features
Priority airport services
Airport lounge access
Concierge service
Balance protection(Optional)
Purchase Security & Extended Protection Insurance
Flight delay insurance,Baggage Insurance
Vehicule rental insurance
Travel accident insurance
Travel medical insurance
Refresh Financial Secured Credit Card User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 4 )

Application Experience: 1 2 3 4 5

Rewards/Features: 1 2 3 4 5

Customer Service: 1 2 3 4 5

Convenience: 1 2 3 4 5

Likelihood to recommend: 1 2 3 4 5

Refresh Financial Secured Credit Card FAQs

Other Recommended Credit Cards


Easiest approvals

As a secured credit card, there are no credit checks. All you need is a deposit and you are approved!

Lowest fees

When building your credit, start where you are comfortable and scale up when you are ready.

Lowest interest rates

Competitive rates will ensure you keep your payments manageable.

Free Financial Education

With Refresh f.i.t. (Financial Intelligence Training) you have access to online courses that educate you about smarter money management.

Boost your credit

Using your VISA will help build your credit history and put your financial goals within reach.


Editor`s Review:

Refresh Financial Secured Visa Credit Card Review

The Refresh Financial Secured Credit Card allows users to establish and build credit. You will be required to make a deposit to use this financial product. Whatever amount you make as a deposit will become the credit limit. Refresh Financial has a minimum credit limit of $200 and a maximum of $10,000. The interest rate is 17.99% which is slightly lower than the 19.99% industry standard. The annual fee is $12.95 and the monthly maintenance fee is $3 per month.

The main benefit of using Refresh Financial’s secured card is they provide tools that help you actively build credit. There are tools that show your spending and repayment habits and how they impact your credit score. The focus is the utilization rate. By using these tools, you can establish and build credit faster.

Overall it is a great credit card to establish and rebuild credit. It does not require a credit check, making it the perfect card for those with little or no credit, poor credit scores and bankruptcy history.

Apply Now On Refresh Financial's Secure Website

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Author Bio

Mohamed Konate

Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.