Home Trust · Visa
Best for rebuilding credit
Almost anyone who puts down a deposit is approved, and it reports to the credit bureau monthly. No rewards, no insurance, and not available in Quebec.
Rates and features verified 2026-08-18Full terms and conditionsHow we research cards
What we like, and what we don’t
Worth having
- No annual fee on this version, and a deposit from $500
- Home Trust says almost everyone who applies and funds a deposit is approved
- Reports to the credit bureau every month, which is the entire point of a secured card
- The deposit is CDIC protected and returned when you close the card
- No published minimum income, only that you have a source of income
Watch out for
- Not available to Quebec residents at all
- No rewards of any kind, and no purchase protection
- Approval is not actually guaranteed. Home Trust says "almost everyone" and still runs a credit check and ID verification
- You cannot currently be in bankruptcy
- Home Trust says it reports to "the credit bureau", singular and unnamed. It never says Equifax and TransUnion, so do not assume both
- There is a second version with a $59 annual fee and a lower interest rate, and the marketing pages quote 14.90% while the binding disclosure says 14.99%
What this card earns
- Everything else
- 0%
The earning fine print
There are no rewards on this card at all. Home Trust's own comparison table shows cash back as not included, and that is the trade for a card almost anyone can get. The deposit sets your credit limit and can be anywhere from $500 to $10,000.
Fees and interest rates
- Annual fee
- None
- Additional card
- Free
- Foreign transaction fee
- 2%
- Dishonoured payment fee
- $45
- Purchase APR
- 19.99%
- Cash advance APR
- 19.99%
Who can get this card
- Minimum personal income
- Not published by the issuer
- Not available in
- QC
- Secured card
- Yes
What the benefits really mean
No travel insurance, no rental car coverage, no purchase protection. Over-limit fee $29 and an inactivity fee of $12 after twelve months, which is unusual and worth knowing if you plan to hold the card without using it. Minimum payment is the greater of $10 or 3% of the balance. The disclosure documents are dated November 2023 while the cardholder agreement was refreshed in June 2026, so the rates carry some re-verification risk.
Our verdict
If your credit is damaged or you have none at all, this is the card on this page to look at. Nothing else here will approve you, and a year of on-time payments reported monthly is worth more than any cash back rate you are currently not eligible for.
Treat it as a tool with a job and an end date. Once your score recovers, move to a card that actually pays you. And read the deposit terms: Home Trust does not say anywhere whether your deposit earns interest, which for $10,000 sitting there is a fair question to ask before you send it.
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Where this came from. hometrust.ca product page, compare-cards page, and the No-Fee Secured Visa disclosure PDF. We take every figure from the issuer’s own pages, never from another comparison site, and we leave a field blank rather than guess at it.