Top-Rated Secured Credit Cards Canada (Updated September 2023)

Start building strong credit with the top secured credit cards currently available in Canada. TheFinanceKey has reviewed and rated the best-secured credit cards in Canada to help get you on track to future financial security.

Apply online for a quick, easy, and seamless application process. Perfect for all credit histories and backgrounds. A bankruptcy or consumer proposal will not cause you to be declined.

1. Neo

guaranteed secured mastercard canada

(1,062 Reviews)

● Guaranteed & Instant Approval regardless of bad or no credit score
● Requires no hard credit check to apply
● No monthly or annual fee
● 15% cashback welcome bonus ($25 value) with ongoing unlimited 5% cashback
● Credit limit: $50-$10,000
● New To Credit or Bad Credit? No Problem!
● Build credit with a Mastercard designed for those who need a fresh start
● Reports monthly to the Canadian Credit Bureau – Transunion

Read Review >

9.9

Outstanding

2. Plastk

plastk-secured-credit-card-canada

(1,469 Reviews)

● Guaranteed approval with no credit check or minimum credit score
● 5,000 welcome bonus rewards ($20 value) with ongoing premium rewards
● Credit limit: $300-$10,000
● Free monthly Equifax credit score and credit education (videos, blogs, podcast)
● Card is accepted worldwide, including at hotels and car rentals
● 0% APR for the first 3 months
● 3 days interest-free grace period on cash advance
● Plastk Sentinel includes free real-time access to your credit score & ongoing monitoring
● Reports monthly to the Canadian Credit Bureau – Equifax

Read Review >

9.3

Excellent

3. Refresh

refresh-financial-secured-credit-card-canada

(2,169 Reviews)

Read Review >

9.3

Excellent

Overall Best Secured Credit Card, Canada

1. Neo

guaranteed secured mastercard canada

(1,062 Reviews)

● Guaranteed & Instant Approval regardless of bad or no credit score
● Requires no hard credit check to apply
● No monthly or annual fee
● 15% cashback welcome bonus ($25 value) with ongoing unlimited 5% cashback
● Credit limit: $50-$10,000
● New to Credit or Bad Credit? No Problem!
● Build credit with a Mastercard designed for those who need a fresh start
● Reports monthly to the Canadian Credit Bureau – Transunion

Read Review >

9.9

Outstanding

SUBSCRIBE NOW

Learn How to Build Wealth and Attain Financial Freedom! 

For the latest financial wisdom, straight to your inbox.

No thanks, I don't want to build wealth
Scroll to Top