Annual fee
$89
Primary cardholder
Best Secured Credit Cards in Canada
A friendlier way to compare credit-building cards
If you are building or rebuilding credit, the right card should feel practical and manageable. RateBuddy helps you compare secured and credit-building cards by deposit requirements, fees, approval path, reporting features, and everyday usability so you can move forward with more confidence.
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Compare Top Secured Credit Building Cards
Use the filters to shape the card results below. Adjust your monthly spend, narrow by provider, or highlight no-fee and welcome-bonus options — RateBuddy will quietly refresh the list so the results stay connected to your choices.
Ready to refine
No credit score required. Instant approval and access to virtual card to start using immediately
Annual fee
$89
Purchase APR
19.99%
Cash advance
22.99%
Neo Financial
Best for
Travel Rewards
Secured Cards
Newcomer
Best for
Travel Rewards
Secured Cards
Newcomer
Welcome-offer value
Advertised value estimate, subject to eligibility and provider requirements
$375
Estimated rewards from spending
Based on $1,500 in monthly spending
$162
First-year annual fee
Fee charged during the first year
$89
Estimated first-year card value
Welcome value + spending rewards − first-year fee
$448
View spending and reward-rate details
| Spending category | Monthly spend | Rate | Annual value |
|---|---|---|---|
| Groceries | $450 | 1% | $54 |
| Dining | $300 | 1% | $36 |
| Gas and transit | $150 | 0.75% | $13.50 |
| Travel | $75 | 1.25% | $11.25 |
| Recurring bills | $75 | 0.75% | $6.75 |
| Other purchases | $450 | 0.75% | $40.50 |
This is an estimate, not a guaranteed cash return. Actual value depends on spending, eligibility, redemption choices and meeting the provider’s offer terms. Reward rates are treated as estimated cash-equivalent percentages.
Card essentials
Rates, fees and requirements
The important numbers, organized so they are easy to scan and compare.
Purchase APR
19.99%
Regular purchase rate
Cash advance APR
22.99%
Cash transaction rate
Balance transfer APR
—
When available
Foreign transaction fee
3%
Foreign-currency purchases
Additional card fee
$0
Supplementary cardholder
Before you apply
Eligibility snapshot
Recommended credit score
Poor
Minimum personal income
$80,000
Minimum household income
$150,000
Approval, rates and credit limits are determined by the card provider.
featured
No credit score requirement. Instant approval and access to virtual card to start using immediately
Annual fee
$149
Purchase APR
19.99%
Cash advance
22.99%
Neo Financial
Best for
Cash Back
Travel Rewards
Secured Cards
Best for
Cash Back
Travel Rewards
Secured Cards
Welcome-offer value
No current monetary welcome-offer estimate was included
$0
Estimated rewards from spending
Based on $1,500 in monthly spending
$459
First-year annual fee
Fee charged during the first year
$149
Estimated first-year card value
Welcome value + spending rewards − first-year fee
$310
View spending and reward-rate details
| Spending category | Monthly spend | Rate | Annual value |
|---|---|---|---|
| Groceries | $450 | 5% | $270 |
| Dining | $300 | 1% | $36 |
| Gas and transit | $150 | 3% | $54 |
| Travel | $75 | 1% | $9 |
| Recurring bills | $75 | 4% | $36 |
| Other purchases | $450 | 1% | $54 |
This is an estimate, not a guaranteed cash return. Actual value depends on spending, eligibility, redemption choices and meeting the provider’s offer terms. Reward rates are treated as estimated cash-equivalent percentages.
Rewards program
Cash Back
Card essentials
Rates, fees and requirements
The important numbers, organized so they are easy to scan and compare.
Annual fee
$149
Primary cardholder
Purchase APR
19.99%
Regular purchase rate
Cash advance APR
22.99%
Cash transaction rate
Balance transfer APR
—
When available
Foreign transaction fee
3%
Foreign-currency purchases
Additional card fee
$49
Supplementary cardholder
Before you apply
Eligibility snapshot
Recommended credit score
Poor
Minimum personal income
$80,000
Minimum household income
$150,000
Approval, rates and credit limits are determined by the card provider.
featured
Our Choice: Best Prepaid Card
Annual fee
$177
Purchase APR
0%
KOHO
Best for
Cash Back
Low Interest
Secured Cards
Best for
Cash Back
Low Interest
Secured Cards
Welcome-offer value
No current monetary welcome-offer estimate was included
$0
Estimated rewards from spending
Based on $1,500 in monthly spending
$360
First-year annual fee
Fee charged during the first year
$177
Estimated first-year card value
Welcome value + spending rewards − first-year fee
$183
View spending and reward-rate details
| Spending category | Monthly spend | Rate | Annual value |
|---|---|---|---|
| Groceries | $450 | 2% | $108 |
| Dining | $300 | 2% | $72 |
| Gas and transit | $150 | 2% | $36 |
| Travel | $75 | 2% | $18 |
| Recurring bills | $75 | 2% | $18 |
| Other purchases | $450 | 2% | $108 |
This is an estimate, not a guaranteed cash return. Actual value depends on spending, eligibility, redemption choices and meeting the provider’s offer terms. Reward rates are treated as estimated cash-equivalent percentages.
Rewards program
Cash Back
Card essentials
Rates, fees and requirements
The important numbers, organized so they are easy to scan and compare.
Annual fee
$177
Primary cardholder
Purchase APR
0%
Regular purchase rate
Cash advance APR
—
Cash transaction rate
Balance transfer APR
—
When available
Foreign transaction fee
0%
Foreign-currency purchases
Additional card fee
—
Supplementary cardholder
Before you apply
Eligibility snapshot
Recommended credit score
Poor
Minimum personal income
—
Minimum household income
—
Approval, rates and credit limits are determined by the card provider.
featured
No credit score needed to apply. Guaranteed, instant approval*
Annual fee
$96
Purchase APR
19.99%
Cash advance
22.99%
Neo Financial
Best for
Cash Back
Student
Secured Cards
Best for
Cash Back
Student
Secured Cards
Welcome-offer value
No current monetary welcome-offer estimate was included
$0
Estimated rewards from spending
Based on $1,500 in monthly spending
$211.50
First-year annual fee
Fee charged during the first year
$96
Estimated first-year card value
Welcome value + spending rewards − first-year fee
$115.50
View spending and reward-rate details
| Spending category | Monthly spend | Rate | Annual value |
|---|---|---|---|
| Groceries | $450 | 2% | $108 |
| Dining | $300 | 0.5% | $18 |
| Gas and transit | $150 | 2% | $36 |
| Travel | $75 | 0.5% | $4.50 |
| Recurring bills | $75 | 2% | $18 |
| Other purchases | $450 | 0.5% | $27 |
This is an estimate, not a guaranteed cash return. Actual value depends on spending, eligibility, redemption choices and meeting the provider’s offer terms. Reward rates are treated as estimated cash-equivalent percentages.
Rewards program
Cash Back
Card essentials
Rates, fees and requirements
The important numbers, organized so they are easy to scan and compare.
Annual fee
$96
Primary cardholder
Purchase APR
19.99%
Regular purchase rate
Cash advance APR
22.99%
Cash transaction rate
Balance transfer APR
—
When available
Foreign transaction fee
3%
Foreign-currency purchases
Additional card fee
—
Supplementary cardholder
Before you apply
Eligibility snapshot
Recommended credit score
Poor
Minimum personal income
$50,000
Minimum household income
$80,000
Approval, rates and credit limits are determined by the card provider.
featured
Guaranteed, instant approvals*. Access to virtual credit card immediately
Annual fee
$0
Purchase APR
19.99%
Cash advance
22.99%
Neo Financial
Best for
Cash Back
Low Interest
No Annual Fee
Best for
Cash Back
Low Interest
No Annual Fee
Welcome-offer value
No current monetary welcome-offer estimate was included
$0
Estimated rewards from spending
Based on $1,500 in monthly spending
$72
First-year annual fee
No annual fee
$0
Estimated first-year card value
Welcome value + spending rewards − first-year fee
$72
View spending and reward-rate details
| Spending category | Monthly spend | Rate | Annual value |
|---|---|---|---|
| Groceries | $450 | 1% | $54 |
| Dining | $300 | 0% | $0 |
| Gas and transit | $150 | 1% | $18 |
| Travel | $75 | 0% | $0 |
| Recurring bills | $75 | 0% | $0 |
| Other purchases | $450 | 0% | $0 |
This is an estimate, not a guaranteed cash return. Actual value depends on spending, eligibility, redemption choices and meeting the provider’s offer terms. Reward rates are treated as estimated cash-equivalent percentages.
Card essentials
Rates, fees and requirements
The important numbers, organized so they are easy to scan and compare.
Annual fee
$0
Primary cardholder
Purchase APR
19.99%
Regular purchase rate
Cash advance APR
22.99%
Cash transaction rate
Balance transfer APR
—
When available
Foreign transaction fee
3%
Foreign-currency purchases
Additional card fee
$10
Supplementary cardholder
Before you apply
Eligibility snapshot
Recommended credit score
Fair
Minimum personal income
—
Minimum household income
—
Approval, rates and credit limits are determined by the card provider.
featured
Our Choice: Best for Building Credit. Guaranteed Approval.
Annual fee
$48
Purchase APR
0%
KOHO
Best for
Cash Back
Low Interest
Student
Best for
Cash Back
Low Interest
Student
Welcome-offer value
No current monetary welcome-offer estimate was included
$0
Estimated rewards from spending
Based on $1,500 in monthly spending
$117
First-year annual fee
Fee charged during the first year
$48
Estimated first-year card value
Welcome value + spending rewards − first-year fee
$69
View spending and reward-rate details
| Spending category | Monthly spend | Rate | Annual value |
|---|---|---|---|
| Groceries | $450 | 1% | $54 |
| Dining | $300 | 1% | $36 |
| Gas and transit | $150 | 1% | $18 |
| Travel | $75 | 1% | $9 |
| Recurring bills | $75 | 0% | $0 |
| Other purchases | $450 | 0% | $0 |
This is an estimate, not a guaranteed cash return. Actual value depends on spending, eligibility, redemption choices and meeting the provider’s offer terms. Reward rates are treated as estimated cash-equivalent percentages.
Rewards program
Cash Back
Card essentials
Rates, fees and requirements
The important numbers, organized so they are easy to scan and compare.
Annual fee
$48
Primary cardholder
Purchase APR
0%
Regular purchase rate
Cash advance APR
—
Cash transaction rate
Balance transfer APR
—
When available
Foreign transaction fee
1.50%
Foreign-currency purchases
Additional card fee
—
Supplementary cardholder
Before you apply
Eligibility snapshot
Recommended credit score
Poor
Minimum personal income
—
Minimum household income
—
Approval, rates and credit limits are determined by the card provider.
featured
Our Choice: Best for Everyday Rewards
Annual fee
$144
Purchase APR
0%
KOHO
Best for
Cash Back
Low Interest
Student
Best for
Cash Back
Low Interest
Student
Welcome-offer value
No current monetary welcome-offer estimate was included
$0
Estimated rewards from spending
Based on $1,500 in monthly spending
$191.25
First-year annual fee
Fee charged during the first year
$144
Estimated first-year card value
Welcome value + spending rewards − first-year fee
$47.25
View spending and reward-rate details
| Spending category | Monthly spend | Rate | Annual value |
|---|---|---|---|
| Groceries | $450 | 1.5% | $81 |
| Dining | $300 | 1.5% | $54 |
| Gas and transit | $150 | 1.5% | $27 |
| Travel | $75 | 1.5% | $13.50 |
| Recurring bills | $75 | 0.25% | $2.25 |
| Other purchases | $450 | 0.25% | $13.50 |
This is an estimate, not a guaranteed cash return. Actual value depends on spending, eligibility, redemption choices and meeting the provider’s offer terms. Reward rates are treated as estimated cash-equivalent percentages.
Rewards program
Cash Back
Card essentials
Rates, fees and requirements
The important numbers, organized so they are easy to scan and compare.
Annual fee
$144
Primary cardholder
Purchase APR
0%
Regular purchase rate
Cash advance APR
—
Cash transaction rate
Balance transfer APR
—
When available
Foreign transaction fee
0%
Foreign-currency purchases
Additional card fee
—
Supplementary cardholder
Before you apply
Eligibility snapshot
Recommended credit score
Poor
Minimum personal income
—
Minimum household income
—
Approval, rates and credit limits are determined by the card provider.
Annual fee
$0
Purchase APR
29.90%
Cash advance
29.90%
CAPITAL ONE CANADA
Best for
No Annual Fee
Secured Cards
Best for
No Annual Fee
Secured Cards
Card essentials
Rates, fees and requirements
The important numbers, organized so they are easy to scan and compare.
Annual fee
$0
Primary cardholder
Purchase APR
29.90%
Regular purchase rate
Cash advance APR
29.90%
Cash transaction rate
Balance transfer APR
—
When available
Foreign transaction fee
—
Foreign-currency purchases
Additional card fee
$0
Supplementary cardholder
Before you apply
Eligibility snapshot
Recommended credit score
Poor
Minimum personal income
$0
Minimum household income
—
Approval, rates and credit limits are determined by the card provider.
Annual fee
$0
Purchase APR
29.90%
Cash advance
29.90%
CAPITAL ONE CANADA
Best for
No Annual Fee
Secured Cards
Best for
No Annual Fee
Secured Cards
Card essentials
Rates, fees and requirements
The important numbers, organized so they are easy to scan and compare.
Annual fee
$0
Primary cardholder
Purchase APR
29.90%
Regular purchase rate
Cash advance APR
29.90%
Cash transaction rate
Balance transfer APR
—
When available
Foreign transaction fee
—
Foreign-currency purchases
Additional card fee
$0
Supplementary cardholder
Before you apply
Eligibility snapshot
Recommended credit score
Poor
Minimum personal income
$0
Minimum household income
—
Approval, rates and credit limits are determined by the card provider.
Annual fee
$0
Purchase APR
19.99%
Home Trust
Best for
No Annual Fee
Secured Cards
Newcomer
Best for
No Annual Fee
Secured Cards
Newcomer
Card essentials
Rates, fees and requirements
The important numbers, organized so they are easy to scan and compare.
Annual fee
$0
Primary cardholder
Purchase APR
19.99%
Regular purchase rate
Cash advance APR
—
Cash transaction rate
Balance transfer APR
—
When available
Foreign transaction fee
—
Foreign-currency purchases
Additional card fee
—
Supplementary cardholder
Before you apply
Eligibility snapshot
Recommended credit score
—
Minimum personal income
—
Minimum household income
—
Approval, rates and credit limits are determined by the card provider.
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Cash Back
Earn money on daily spend.
Travel Rewards
Best for frequent flyers.
SPEC SHEET
Find best cards by features:
Filter our database by the specific perks and coverages that matter to you.
ISSUERS
Browse by Bank & Issuer:
Filter our database to see offers from specific Canadian financial institutions.
PAYMENT NETWORKS
Browse by Network:
Filter by Visa, Mastercard, or Amex acceptance.
CARD LEVELS
Browse Cards by Tier:
From entry-level options to exclusive black cards. Find the eligibility level that fits you.
KNOWLEDGE BASE
Frequently Asked Questions
Common questions about Compare Top Secured Credit Building Cards Cards and financial strategy.
Disclaimer: Information is for educational purposes only and does not constitute financial or legal advice. Terms subject to change by issuers.
With a secured credit card, your deposit is generally held as collateral. It is typically returned to you if you close the account in good standing with a zero balance, or if the issuer decides to upgrade you to an unsecured card after a period of responsible use.
Providing your Social Insurance Number (SIN) is usually optional for credit card applications, though it can help the issuer verify your identity and locate your credit file more accurately. You can generally apply without it, provided you supply other identification details.
Personal income generally refers to your individual annual earnings. Household income typically includes the combined income of you and your spouse or common-law partner. Premium cards often have higher income thresholds (e.g., $60k personal or $100k household) to qualify.
A hard inquiry (from a credit application) typically remains on your credit report for up to 36 months, though its impact on your credit score generally diminishes significantly after the first 12 months.
An authorized user is someone you add to your account (like a spouse or child) who gets their own card. The primary cardholder is fully responsible for all debt incurred by the authorized user. It can be a way to help someone build credit habits, but legal liability remains with the primary account holder.
Still have questions?
Visit our Financial Education Hub
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