Do you think that anyone with a negative credit score cannot have a credit card? Then you need to know about the Home Trust Secured Visa card! This feature, for more than 10 years, has been helping people to have more opportunities in the future, by improving their score.


See more information about this card in our guide below!

Join our exclusive WhatsApp group and transform your financial life, all just a click away!


Who is the credit card Home Trust Secured Visa?

The Home Trust Secured Visa is aimed at people who have a negative score and, as a result, have little chance of having their applications for other credit cards approved.

Therefore, it can be the choice of freelancers, students, newcomers to Canada, among other citizens.

There are also other requirements for your Home Trust Secured Visa card application to be accepted, such as:

  • You must be a permanent resident of Canada;
  • You cannot currently be in bankruptcy;
  • Cannot be a resident of Quebec.

Credit card benefits Home Trust Secured Visa

As we mentioned, the Home Trust Secured Visa credit card is ideal for those looking to rebuild their credit score practically and without complications.

But that’s not the only benefit this feature offers! Check out more of its advantages below:

  • Use your card for routine purchases, to build your score, as long as you keep your payments up to date;
  • This feature introduces Visa’s Zero Liability Policy, which protects users from fraud. In other words, if there is an unauthorized purchase using your card number, you do not need to bear these expenses;
  • It is accepted worldwide and you can make online and physical purchases in more than 200 countries.

Credit card limit

The Home Trust Secured Visa credit limit is defined by the value of your deposit, that is, the amount you deposit as collateral. It can be anywhere from $500 to $10,000 and will remain with Home Trust for as long as you have your card.

Home Trust Secured Visa: Fees and tariffs

The Home Trust Secured Visa is also an advantageous option for those who want to save and preserve their financial health, as it has lower rates and fees.

Watch below:

  • This card does not have an annual fee;
  • Features an interest rate of 19.99% for purchases and cash advances (withdrawals), charged only when you maintain a balance in your account;
  • If you wish to have a lower interest rate, you can choose to pay an annual fee of $59.00 and have an interest rate of 14.90%. And there is also the third option: paying a fee of $5.00 per month and charging an interest rate of 14.90%;
  • If you make a transaction using foreign currencies, in addition to the exchange rate, a 2% currency conversion fee is charged;
  • If the defined limit is exceeded, you will be charged a fee of $29.00;
  • For each payment returned, $45.00 will be collected;
  • If your account is inactive for 12 months, a fee of $12.00 will apply;
  • There are Fees for Automated Teller Machines (ATM), which are $2.50 for cash advances of up to $250.00 and 1% of cash advances for amounts greater than $250.00;
  • If the ATM displays the Visa or Plus logo, a maximum fee of $10.00 will be charged for cash advances;
  • If the ATM is located in the United States, $4.50 will be collected for cash advances of up to $300.00 and 1.5% of cash advances for amounts greater than $300.00, with the maximum fee being $15.00;
  • For additional copies of account statements from any period other than the current statement, a fee of $5.00 for each copy will be assessed;
  • For copies of purchase drafts or cash advances, $5.00 will be charged unless an error in the account entry is proven;
  • Finally, there is the Expedited Card Shipping Fee, which costs $39.00 to deliver a new card via express mail.

A reminder: the brand of this card in question is Visa and it can be used for international travel.

How to request Home Trust Secured Visa?

Follow our step-by-step guide below to apply for your Home Trust Secured Visa credit card:

  1. Access the Registration Page;
  2. Check if you meet the requirements presented;
  3. Check if you have read and agreed to the Terms and Conditions, and that your account will not be used by third parties or on behalf of third parties;
  4. Click on “Get started”;
  5. Carefully re-read the card information, including its fees;
  6. Click on “Accept”;
  7. Fill in personal information, such as your name, date of birth and social security number (optional);
  8. Click “Continue”;
  9. Provide data related to your identity;
  10. Click “Continue”;
  11. Enter the requested information regarding your current employment and finances;
  12. Click “Continue”;
  13. Fill in your Compliance details;
  14. Click “Continue”;
  15. Add, if desired, an authorized user, such as a family member, to your account;
  16. Finalize your request process.

To be approved, the application takes approximately 2 to 3 weeks from receipt of the application and security deposit.

Opinion about the Home Trust Secured Visa

The Home Trust Secured Visa credit card is an interesting choice for people who have a score between 300 and 559, but who want to improve their credit score.

Another point is that this card with no annual fee has lower rates and fees compared to other options on the market.

However, it does not feature a rewards system, making it impossible for the user to exchange points for merchandise, airline tickets and other advantages.

And those who are in an unfavorable financial situation may find it difficult to make the deposit necessary to approve the request for this resource.

Click the button below to be redirected to the official website responsible for applying for a credit card Home Trust Secured Visa.