Secured Credit Cards are offered to to Canadian consumers by some chartered banks and other financial institutions. Usually such cards are offered to those consumers who have a limited or poor credit history, or no credit history at all.

Generally the policies concerning the issuance of the secured credit cards are somewhat lenient and it is not uncommon to receive a Visa or MasterCard credit card even if your credit rating is poor. Secured Credit Cards have credit limits ranging from $200.00 - $5,000.00.

Secured Credit Cards are an excellent tool used by consumer's to establish/re-establish good credit. Often secured credit cards are issued to those with no or limited credit history or those individuals who have recently declared bankruptcy.

Most Institutions require a 200% deposit in order to issue a secured credit card. For example a deposit of $2,000.00 is required for a $1,000.00 secured credit card. When a client no longer wishes to have the card, the deposit is returned in full.

We assist consumers in obtaining Secured credit cards on the best terms possible for the client. The process takes 7-14 business days and approval for all individuals legally in Canada is guaranteed.