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Secured Credit Card Application

If you need to re-establish your credit, a Secured Credit Card is a great way to get started.

If your goal is to eventually qualify for a mortgage, we recommend getting a Secured Card with a $2,500 limit, if possible.  If that is not possible right now, you can start with a $500 limit and then eventually increase that limit over time by making additional security deposits to the lender.

Please click on the image to the left to download a copy of the Secured Credit Card Application..

 

Get all the benefits of Visa* while re-building your credit

  • Make purchases over the phone or online
  • Plan and book a vacation
  • Access cash anytime, anywhere from over 1 million ATMs around the world displaying the Visa or Plus logo
  • Shop at over 24 million locations worldwide

How the Secured Visa Credit Card Works

The Home Trust Secured Visa Card is a credit card that requires a security deposit for eligibility. Your credit limit is then set at the amount of the deposit. You can put down as little as $500, or as much as $10,000.

If you decide to cancel your card, you can just pay off your outstanding balance, and you'll get your security deposit back from Home Trust. Home Trust is a Member of Canada Deposit Insurance Corporation (CDIC) (1-800-461-2342).

The application process is very simple and almost everybody is approved! Of course, if your application is not approved, your security deposit will be immediately returned to you.

When your application is complete, please mail your security deposit (personal or personal certified cheque, money order or bank draft from a Canadian Financial Institution, payable to "Home Trust Company") to:

Home Trust Company 
Attn: Visa Department 
145 King St. West, Suite 2300
Toronto, ON
M5H 1J8