Home Trust is smaller credit card issuer that mostly focuses on credit cards tied to their mortgage customers and homeowners.
One card is like a line of credit on your home. It allows you to put the equity you have built up in your home to work and even though you need to make such a big commitment before you can qualify for it, we still wanted to have it included here.
They also have a few cards we wanted to highlight here, especially the no fee cash back rewards card that is turning heads because it’s currently the only card in Canada that has no foreign transaction fee.
They also have one no fee secured credit card that is available nationwide to anyone and it’s a great option if you’re looking to establish or repair your credit. All you need is to put down a security deposit of your choice between $500 and $10,000 and you’re practically guaranteed to be approved.
You also have the option of paying a $59 annual fee to reduce the card’s purchase interest rate from 19.99% down to 14.9% if you need that extra bit of interest savings on an existing balance.