ScotiaLine® for business Visa Credit Card (Secured) 4.6/5 $0 Prime rate (6.70%) + 1% N/A Capital One Guaranteed Secured Mastercard 3.9/5 $59 21.90%/21.90% N/A BACK TO TOP Best Credit Cards in Canada Compare the best credit cards side-by-side and find a card that will meet your...
Credit limit: Equal to the security deposit. Deposit is withdrawn from your bank account as soon as your application is approved, usually within eight days of approval. OpenSky® Secured Visa® Credit Card Minimum: Normally $200. Maximum: $3,000. Credit limit: Normally equal to the securit...
The 2 best secured credit cards in Canada Best secured credit card for ongoing low interest rate: Home Trust Secured Visa (low-interest option) Best secured credit card for benefits with no credit check: Capital One Guaranteed Secured Mastercard Best secured credit card for ongoing low interest ...
Why you'll like this: Your security deposit determines your credit limit, allowing you to establish credit and potentially receive lower interest rates than with many unsecured cards. Reward Details What you should know Card Details Best for after bankruptcy OpenSky® Secured Visa® Credit Card ...
The BBVA Compass Secured Visa Business card earns 3 points per dollar on your choice of office supplies, restaurants, or travel purchases and 2 points per dollar on your choice of gas, home improvement, or utilities. The downside is you have to select your categories every quarter or your ea...
A secured credit card can be used like a regular credit card for spending and cash withdrawals. It looks just like a regular credit card, and is issued on the same popular payment networks used by regular credit cards, such asVisa®,American Express®,Discover® andMasterCard®. ...
Limit credit applications –Every time you apply for new credit, your credit score drops by 5 – 10 points, so limit your applications. The best secured credit card in Canada There are a few choices for secured credit cards in Canada. As mentioned above, some of higher interest rates but ...
Merrick Bank Secured Credit Card vs. Petal® 2 "Cash Back, No Fees" Visa® Credit Card Who is the Merrick Bank Secured Credit Card right for? The Merrick Bank Secured Credit Card is a solid fit for the following types of people. Credit-builders New to credit Bankrate’s Take ...
to rebuild your credit score; • you’ve recently filed for bankruptcy; or • you’re new to Canada. What You’ll Need to Obtain a Secured Credit Card To obtain a secured card, you’ll need to deposit a sum of money with the credit card issuer. Depending on the credit limit you...
You can apply for a secured credit card in the same way that you would apply for a regular credit card. They are issued by nearly all leading credit card lenders, like Visa, Mastercard, and Discover, and look just the same. Cardholders can use the card anywhere the card brand is accept...