Our "Home Trust No-Fee Secured Visa Credit Cards" here at Dominion Lending Centres can help you start to build credit! Looking to get a mortgage someday here in Canada? Wanting to start building a good credit score/history? Then start your credit-journey off right with our easy approval Home Trust No-Fee secured Visa credit cards!
First things first: our "secured Visas" by Home Trust DO allow you to build a 'credit history' JUST like regular/unsecured Visa Credit Cards do! Don't worry: these secured Visas that we offer here at Dominion Lending Centres are NOT merely pre-paid or debit credit-cards: these secured Visas operate JUST like regular Visa credit cards and show up on credit bureaus - to help you establish credit!
And you'll probably be happy to discover that our "No-Fee" secured Visa credit cards come without any regular annual-fees (you just have to use it at least once a year). Even if you add a secondary/additional cardholder to your new Home Trust Visa account - there are no regular annual-fees for them either!
You'll also be happy to know that our No-Fee secured Visa here in Canada is VERY easy to get approval for. Even Canadians that have found themselves in a bad credit situation can get approval for them. Even if they just finished bankruptcy or are currently in consumer proposal! Our Home Trust secured Visa credit cards are the closest thing to 'guaranteed credit cards' that there is in Canada!
But like we stated, if you have no credit history yet, or have never had a credit card or loan before - this is a great credit card for you to start with. Because of it's "easy approval" nature, you won't have any hassle getting one - and you'll be able to choose your credit-limit.
Any secured Visa credit card, as you know, requires a 'cash deposit' to act as security for that credit card. So, here at Dominion Lending Centres we're happy to offer one of the lowest cash deposit requirements for easy approval secured Visas in Canada: only $500 - which IS refundable if you ever decide to get rid of your paid-up Home Trust secured Visa.
You can also choose to put down a larger cash deposit - if you plan on using your new Home Trust Visa for larger bills/purchases - all the way up to a $10,000 cash deposit.
Apply Online easily for a Home Trust No-Fee Secured Visa Credit Card today - right here on our Canadian Dominion Lending website!
Tip: If you get a secured Visa credit card to start "building credit" - make sure you a) Make your interest payments/monthly payments on time and in full b) Don't max out your new Home Trust secured Visa c) Actually USE your new Home Trust Visa - an 'unused' credit card doesn't help you build any credit history - so use it to buy things you already have the cash for - like some grocery items, car gas etc. - and then pay off your card over and over a.s.a.p. with the power of online banking. That way you'll be using your new Home Trust secured Visa - and be keeping it paid off!