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Updated: September 21, 2023

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Please be aware that some (or all) products and services linked in this article are from our sponsors.

We adhere to strict standards of editorial integrity to help you make decisions with confidence. Please be aware this post may contain links to products from our partners. We may receive a commission for products or services you sign up for through partner links.

For those individuals with less than stellar credit who need to rebuild or re-establish their good standing, the Home Trust Secured Visa is a capable tool—and it’s offered at no annual fee. ‘Secured’ means that the credit limit attainable is flexible, ranging from $500 to an impressive $10,000, depending on how much is put down initially as a security deposit.

Home Trust Secured Visa: At a glance

  • Easy approval for almost anyone
  • $0 annual fee
  • 21-day no interest grace period after monthly statement
  • Credit limit scales with security deposit
  • Monthly reporting to credit bureaus
  • 19.99% APR on purchases

The Home Trust Secured Visa offers cardholders flexibility, including a grace period after each monthly statement that imposes no extra interest on the bill for 21 days. Additionally, minimum payments are highly manageable, coming down to whichever sum is greater at the end of the month – $10.00 or 3.00% of the card’s current balance.

On top of the low-barrier entry and useful features for rebuilding credit, cardholders will also benefit from having a Visa in their wallets. Access to millions of ATMs and shops around the world, easy online banking, and purchase protection are convenient perks that VISA customers will find valuable.

Why we like the Home Trust Secured Visa

  1. 1.

    Easy Access: Virtually all applicants are approved for the Home Trust Secured Visa, giving those with a dire need to rebuild their score the tools to do so immediately. Common reasons for being declined include deal-breaking factors like being under the age of majority, an applicant’s failure to provide a security deposit, and other reasons that are largely unrelated to an applicant’s credit status.

  2. 2.

    Monthly Reporting: Home Trust reports a cardholder’s progress on paying bills to major credit agencies every month, expediting the credit repair or improvement process.

  3. 3.

    Scaling Credit Limit: The Home Trust Secured Visa requires a $500 minimum deposit to be put down, with the credit limit scaling on a 1:1 basis all the way up to $10,000. Additionally, if the card is cancelled in the future for any reason, the entire security deposit will be reimbursed as long as the outstanding bill is paid in full.

  4. 4.

    No-Interest Grace Period: After the monthly statement arrives, customers have 21 full days to pay their bill while accruing no extra interest. This allows a bit of breathing room to organize your finances and pay the bill on time, every time.

  5. 5.

    Low Minimum Payments: If cardholders choose to pay the monthly minimum rather than the full balance, they’re allowed to pay either the greater of $10.00 or 3.00% of the monthly balance.

  6. 6.

    No Annual Fee: Customers pay absolutely no annual or monthly fees to use the Home Trust Secured Visa card.


Those with excellent or even good credit would be better served by another card that offers lucrative rewards or cash back and should likely consider the Home Trust Preferred Visa instead. But by approving virtually all applicants, Home Trust Secured Visa provides an opportunity to those who are in greatest need of improving their credit.

About our author

Scott Birke
Scott Birke, Director of SEO

Scott Birke is a finance editor and writer with an interest in credit cards, investing and saving money. Currently the SEO Director at, Scott joined Wise Publishing from Finder, and his byline has appeared in the National Post, Mountain Life and Rock and Ice. When he's not trying to help readers save money by comparing better financial products, he can be found riding his snowboard or mountain bike or listening to his small (but growing) vinyl collection.


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