View Best Secured Credit Cards - Comparewise

Best Secured Credit Cards

Max your rewards today!

Secured

*Limited time only – Get a $20 cash bonus with code: COMPAREWISE by...
  • $0
    Annual fee
  • $20
    Welcome Bonus
  • 5%
    Rewards Rate
  • Min.Credit:
                        
  • Rating: 5.0
*Limited time only – Get a $20 cash bonus with code: COMPAREWISE by...
  • $0
    Annual fee
  • $20
    Welcome Bonus
  • 5%
    Rewards Rate
  • Min.Credit:
                        
  • Rating: 5.0
*Limited time only – Get a $20 cash bonus with code: COMPAREWISE by...
  • $84
    Annual fee
  • $20
    Welcome Bonus
  • 6%
    Rewards Rate
  • Min.Credit:
                        
  • Rating: 5.0
**Limited Time Offer: Sign up for the Neo Card or Neo Secured Card using...
  • $0
    Annual fee
  • $0
    Welcome Bonus
  • 5%
    Rewards Rate
  • Min.Credit:
                        
  • Rating: no reviews
The Refresh Financial Secured Credit Card is one of the best credit cards...
  • $12.95
    Annual fee
  • $0
    Welcome Bonus
  • 0%
    Rewards Rate
  • Min.Credit:
                        
  • Rating: no reviews
The Capital One Guaranteed Secured Mastercard gives you an effortless way...
  • $59
    Annual fee
  • $0
    Welcome Bonus
  • 0%
    Rewards Rate
  • Min.Credit:
                        
  • Rating: no reviews
Having bad credit or no credit history can be a barrier to several...
  • $0
    Annual fee
  • $0
    Welcome Bonus
  • 0%
    Rewards Rate
  • Min.Credit:
                        
  • Rating: no reviews
KOHO has recently switched to Mastercard! Check out the KOHO Joint Prepaid...
  • $0
    Annual fee
  • $20
    Welcome Bonus
  • 2%
    Rewards Rate
  • Min.Credit:
                        
  • Rating: 5.0
KOHO has recently switched to Mastercard! Check out the KOHO Prepaid...
  • $0
    Annual fee
  • $20
    Welcome Bonus
  • 2%
    Rewards Rate
  • Min.Credit:
                        
  • Rating: 5.0
KOHO has recently switched to Mastercard! Check out the KOHO Premium...
  • $84
    Annual fee
  • $20
    Welcome Bonus
  • 2%
    Rewards Rate
  • Min.Credit:
                        
  • Rating: 5.0

Browse credit cards by type

High-interest charges ...

Business credit cards ...

Credit cards are conve...

Most credit cards comb...

Having a credit card c...

With the credit card i...

If you have poor or no...

Getting your first cre...

Secured Credit Cards

Secured credit cards are a great way to get your credit score up. Check out the top secured credit cards in Canada with Comparewise.

Discover Investment Opportunities

Make your money do more.

12 Results

Advertiser disclosure

Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.

Young investors can trade stocks and ETFs, all for free.
Min Investment
$0
Target Return
Varied
Get 50 Free Trades on Canada's #1 trading platforms.
Min Investment
$0
Target Return
Varied
Get $20 CAD of BTC with promo code: COMPAREWISE
Min Investment
$100
Target Return
4-7%
Earn passive income, start investing in real estate.
Min Investment
$1
Target Return
Varied
Use code KKZH8A when you sign up to get 2 free stocks
Min Investment
$1
Target Return
Varied
Get a $50 bonus when you sign up and deposit $250.
Min Investment
$50
Target Return
Varied
A new passive income asset class, peer-to-peer lending.
Min Investment
$1
Target Return
Varied
Retire up to 30% wealthier with Questwealth Portfolio.
Min Investment
$1
Target Return
Varied
Earn rewards when you buy and sell crypto on BlockFi
Min Investment
$1
Target Return
Up to 8.6%
Buying and seucring gold has never beeng more simple and affordable.
Min Investment
$1
Target Return
Varied
Get a $25 bonus when you sign up and trade.
Min Investment
$10
Target Return
Varied
Online real estate investment in one platform
Min Investment
$25,000
Target Return
9-24%
May 16, 2022
Fact Checked

FAQs about
Secured Credit Cards

Should I Get a Secured Credit Card?

If you have poor credit or no credit history, then yes. Secured credit cards are also suitable for anyone who has declared bankruptcy or is in a consumer proposal. Since you won’t be eligible for a regular credit card, a secured credit card is your best bet.

Will a Secured Credit Card Really Improve My Credit Score?

Yes, as long as you pay your balance on time and in full. You’ll be amazed at what this card can do for your credit score. Also, responsible use of your credit card will help you reach your financial goals. Remember only to use your card for small purchases every month to stay on track.

Do Secured Credit Cards Have Guaranteed Approval?

Not all secured credit cards have guaranteed approval. A credit card provider may deny your application. This is especially true if you have accounts in collection or multiple missed payments on your record. If your application is denied, it's best to ask why. You have a legal right to know. You can solve the problem before applying for another secured credit card. Note that cards offering guaranteed approval are known as guaranteed credit cards.

Should I Have A Source Of Income to Be Approved for a Secured Credit Card?

Ideally, yes. Although an income is not often required, your chances of approval will be higher if you have a source of income.

Car loan?
Personal Loan?

Top deals await you just a short
application away!