Secured Credit Cards Canada - Genesis Associates Ltd.
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    By general definition: A secured credit card is "secured" by the money you keep on deposit with the lending institution. The value or amount of the "security" amount then determines the "Credit Card loan limit."

    The following alphabetical list of financial institutions offer "Secured Credit Cards".

  • Capital One
  • CIBC (local branch)
  • Home Trust
  • TD Canada Trust (local branch)

    Each of the above mentioned institutions have their own criteria and minimum limit for a "secured" amount.

    In addition, the CIBC and TD Canada Trust allow the individual to open up a secured card by making a deposit at "a local branch".

    Capital One and Home Trust do not have "local" branches where people may go.



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