by bebiesean » Sat Apr 03, 2010 02:08:19 AM
Are you looking for more options for a secured credit card? Here's a list of Banks and credit unions offering secured credit cards in canada
Capitol One Secured Card
The security deposit for capital one can be as low as $75 to $300. They report your payment information to the credit bureaus each month, helping you re-establish your credit score.
The Home Trust Secured Visa
Home Trust Secured Visa required a security deposit as low as $500 and as much as $10,000. They report your payments to the crediut bureaus as well to help you improve your credit score.
Vancity Savings Secured Visa
This secured credit card is good for canadian immigrants. The security deposit is as low as $500 and your credit can be extended beyond your deposit. You can refund the security deposit after one year after all your payments havee been settled.
Horizon Plus Secured MasterCard
This secured credit card is open to all canadians who do not qualify for an unsecured credit card. You have to establish a GIC account to serve as collateral. The minimum security deposit is for $500.
HSBC Secured Master Card
The security deposit with HSBC is equal to the credit limit the bank will issue you.