Finvilo

Home Trust Secured Visa: no annual fee vs low rate

A secured card needs a deposit and can help you build or rebuild credit. Home Trust offers two versions with different fee and rate trade-offs.

Feature
Home Trust logoHome Trust Secured Visa: No Annual Fee Option

Home Trust

Home Trust logoHome Trust Secured Visa: Low Rate Option

Home Trust

Where availableQuebec excluded; complete province-by-province availability Not confirmed.Quebec excluded; complete province-by-province availability Not confirmed.
Credit reportingMonthly reporting to a credit bureau.Monthly reporting to a credit bureau.
RequirementsPermanent Canadian resident, age of majority, not currently bankrupt.Not confirmed
Annual feeCAD 0.CAD 59.
Security deposit and limitCAD 500 to CAD 10,000; limit equals deposit.CAD 500 to CAD 10,000; limit equals deposit.
RepaymentNot confirmedDeposit does not replace monthly payments.
DetailsFull profileOfficial provider page Full profileOfficial provider page

Our take

If you will pay in full every month, the no-fee version is usually cheaper. If you expect to carry a balance, compare the low-rate version.

Rates and fees change. Confirm current terms on the provider's official page before applying. General information, not personalized advice.

Secured credit cards

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