About this card
Home Trust Secured Visa Card is a prepaid credit card that is designed to help individuals build or rebuild their credit. If you have poor credit or no credit history, it can be challenging to obtain a traditional credit card. The Home Trust Secured Visa Card can provide a solution to this problem, as it is available to anyone regardless of their credit history.
One of the significant advantages of the Home Trust Secured Visa Card is that it reports to the major credit bureaus in Canada. This means that if you use your card responsibly and make your payments on time, your credit score will improve over time. You can use your Home Trust Secured Visa Card to make purchases in stores, online, or over the phone, just like a regular credit card.
The Home Trust Secured Visa Card requires a security deposit to be placed in a Home Trust Savings Account, which will act as collateral for the credit card. The amount of the security deposit will determine the credit limit you are granted. The minimum security deposit is $500, and the maximum is $10,000. The security deposit is fully refundable when the cardholder decides to close the account or upgrade to an unsecured credit card.
The Home Trust Secured Visa Card comes with a variety of additional benefits, including zero-liability protection for unauthorized transactions, rental car insurance, and purchase security and extended warranty protection. These benefits can provide peace of mind when using your card to make purchases.
Applying for a Home Trust Secured Visa Card is easy and can be done online. You will need to provide some basic personal information and a security deposit to get started. The approval process is quick, and you can receive your card in as little as 10 business days.
Overall, the Home Trust Secured Visa Card can be an excellent option for anyone looking to build or rebuild their credit. With responsible use, it can help improve your credit score and provide access to credit in the future.
Prepaid Credit Card Canada –
The Home Trust Secured Visa Card is a prepaid credit card designed to help individuals build or improve their credit score. This card is an excellent option for those who have struggled to get approved for traditional credit cards or those who are looking to rebuild their credit after experiencing financial difficulties.