VaultNerd
Home Trust Secured Visa
secured3.2 / 5

Home Trust Secured Visa

Home Trust

Best for

Newcomers to Canada, students and anyone rebuilding credit who needs near-guaranteed approval.

Apply on Home Trust
Annual fee
None
FX fee
2%
Purchase APR
19.99%
Income req.
—
Recommended credit score
300+
Approval difficulty
Easy approval

VaultNerd estimate based on the card's tier and income requirements — not an official issuer cutoff. Approval also depends on income, debt, and credit history.

Our verdict

A no-frills but dependable secured card with one of the few low-rate options in the category; it does exactly one job — building credit — and does it well.

Reward rates

All purchases
No rewards program; this card is designed for building credit
0%

Pros

  • Easy approval makes it a reliable credit-building tool for newcomers and those with past credit issues
  • Flexible no-fee or low-rate fee option

Cons

  • No rewards or insurance benefits
  • Requires a refundable security deposit of at least $500
  • Not available to Quebec residents

Perks

  • Approval for almost everyone who provides a security deposit ($500 to $10,000)
  • Monthly reporting to the credit bureau to build or rebuild credit
  • Optional $59 annual fee version with a lower 14.90% interest rate
  • Security deposit protected by CDIC membership
  • Visa Zero Liability fraud protection and digital wallet support
Disclaimer: This article is for informational purposes only and does not constitute financial, tax, or legal advice. Information may be simplified, incomplete, or out of date. Consult a licensed professional before making financial decisions. VaultNerd may receive compensation from partners featured on this site — this does not influence our editorial content.
Written by
The VaultNerd Team

Researching and writing about Canadian credit cards and rewards since 2026.

Cite this page

“Home Trust Secured Visa Review — VaultNerd” — VaultNerd, https://www.vaultnerd.com/credit-cards/home-trust-secured-visa, updated June 2026.

Sources
  • Home Trust cardholder agreement and rates & fees disclosure
  • VaultNerd cards database