Home Trust Secured Visa
The workhorse secured card: no frills, wide approval, honest reporting. Choose the fee/rate variant to match whether you'll carry a balance, use it lightly, and graduate off it.
- Annual fee
- None (Two variants: $0 fee at 19.99% interest, or $59/year at 14.90% — pick by whether you'll carry a balance)
- Welcome bonus value
- ≈ $0 None — secured cards compete on approval odds and reporting, not bonuses
- First-year net value
- ≈ $0
Direct issuer link — details verified 2026-07-12
Standard Score breakdown
PassSix weighted components, each rated 0–10. “Contributes” is the rating × weight — add all six and you get the 3.20/10 Standard Score above.
See how the Standard Score works or re-weight it to your priorities.
Earn rates
| All purchases | No rewards — a pure credit-building card |
Included insurance
Why it earns its score
- Approval without good credit — your deposit ($500 to $10,000) sets your limit
- Reports to the credit bureaus like any Visa, which is the entire point
- The $59/14.90% variant is one of the cheapest carried-balance rates available to rebuilders
Where it loses points
- No rewards of any kind
- $500 minimum deposit is the highest of the major secured cards
- Not available in Quebec
Who it’s for
Rebuilders who were declined elsewhere and can lock up a $500+ deposit — the long-standing default secured card in Canada.
Who should skip it
You can only spare a small deposit (Capital One and Neo start lower) or you live in Quebec.
The bottom line
Standard Score 3.2/10 — Pass. We estimate ≈ $0 in first-year net value after the $0 fee.
Direct issuer link — no commission shapes this review
Source: issuer card page · Last reviewed 2026-07-12. Details change often — confirm current terms with the issuer before applying.
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