If your credit score is down in the dumps and you need a credit card, check out these five easily-approved credit cards in Canada. There are many reasons why your credit score might be suffering. It might be due to a job loss or sudden financial burden, but you don’t have to get stuck in the financial doldrums.

A credit card isn’t just necessary for credit, oftentimes you need it even if you can afford to pay cash. Places like hotels and car rental agencies are especially stringent about their customers having credit cards. If you don’t have the financial score to get a traditional credit card, there are alternative options. You can get yourself a secured credit card that will give you some of the same benefits traditional credit cards have.

Getting a secured credit card does mean that you’ll have to put up a security deposit before they will approve your credit card application. Our team has researched all of the credit cards in the market and found five that you can get with easy approval. Read all of the information below before determining which card is going to be right for you.

1. The HomeTrust Secured Credit Card

TD Cash Back Visa* Card
TD Cash Back Visa* Card

TD has a range of secured credit cards, one of which is the TD Cash Back Visa* Card. This features 1% cash back on eligible gas and grocery purchases and regularly recurring bill payments as well as 0.5% cash back on all other purchases made with your card. You will enjoy purchase security, extended warranty protection, chip technology and so much more.

To apply, you must be the age of majority in your province/territory and a Canadian citizen. You must also have a stable income. A security deposit is required to attain any of the TD Secured Credit Cards.

Some of the fees and rates for the TD Cash Back Visa* Card include a $0 annual fee, 0% intro APR on purchases and balance transfers for 1st 15 billing cycles (12.99%, 17.99% or 22.99% after that), balance transfer fee of $5 or 3%, $1 minimum interest charge, 25.24% variable APR for cash advances, $0 foreign transaction fee, and a late payment fee of up to $37.

For more detailed information about fees and other factors to consider, visit the TD Bank websiteYou can write your concerns to TD Card Services, P.O. Box 84037, Columbus, GA 31908-4037.

Conclusion

These are some of the best options for easy approval when it comes to applying for Canadian credit cards. Check them out today!

Note: There are risks involved when applying for and using a credit card. Consult each bank’s terms and conditions page for more information.

The Vancity enviro™ Secured Visa Credit Card
The Vancity enviro™ Secured Visa Credit Card

The Vancity enviro™ Secured Visa Credit Card is for those who have poor past scores, facing financial issues and recent immigrants as well. Note that a security deposit is required to attain this card.

Some features of this credit card include Visa payWave and Checkout, lost and stolen card protection, lost and delayed baggage insurance, recurring payments, ability to set up automatic payments to avoid missed or late payments and so much more.

To apply, you must be 19 years of age and above and a Canadian resident with a social security number. You must also be earning a stable income.

A summary of the fees includes 11.25% low interest rate with a $147 annual fee, and a 19.5% regular interest rate with a $0 annual fee. For more information, visit the Vancity website. Vancity’s mailing address is PO Box 2120, Station Terminal, Vancouver BC V6B 5R8.

5. The TD Cash Back Visa* Card

TD Cash Back Visa* Card
TD Cash Back Visa* Card

TD has a range of secured credit cards, one of which is the TD Cash Back Visa* Card. This features 1% cash back on eligible gas and grocery purchases and regularly recurring bill payments as well as 0.5% cash back on all other purchases made with your card. You will enjoy purchase security, extended warranty protection, chip technology and so much more.

To apply, you must be the age of majority in your province/territory and a Canadian citizen. You must also have a stable income. A security deposit is required to attain any of the TD Secured Credit Cards.

Some of the fees and rates for the TD Cash Back Visa* Card include a $0 annual fee, 0% intro APR on purchases and balance transfers for 1st 15 billing cycles (12.99%, 17.99% or 22.99% after that), balance transfer fee of $5 or 3%, $1 minimum interest charge, 25.24% variable APR for cash advances, $0 foreign transaction fee, and a late payment fee of up to $37.

For more detailed information about fees and other factors to consider, visit the TD Bank websiteYou can write your concerns to TD Card Services, P.O. Box 84037, Columbus, GA 31908-4037.

Conclusion

These are some of the best options for easy approval when it comes to applying for Canadian credit cards. Check them out today!

Note: There are risks involved when applying for and using a credit card. Consult each bank’s terms and conditions page for more information.

BMO Preferred Rate MasterCard®

Another credit card that’s easier to get if you have a damaged credit rating is the BMO Preferred Rate MasterCard® Credit Card. This card has become a favorite to many due to its low intro rate of 3.99%.

 This credit card boasts security features such as MasterCard Secure Code, Chip technology, and zero liability.

You are eligible to apply for this card as long as you have not filed for bankruptcy in the past seven years. You must be 18 + years of age, a Canadian citizen, or have a Permanent Resident Card, and you must have a social security number.

Some of the fees include a 3.99% intro rate on balance transfers (with 1% transfer fee) with a 21 day or longer grace period, a $20 annual fee (after the first year), 12.99% interest rate, 2.5% foreign currency conversion fee, dishonoured payment fee of $48, $5 cash advance fee, $10 inactive account fee, and more. For more information, visit the BMO website.

4. The Vancity enviro™Secured Visa Credit Card

The Vancity enviro™ Secured Visa Credit Card
The Vancity enviro™ Secured Visa Credit Card

The Vancity enviro™ Secured Visa Credit Card is for those who have poor past scores, facing financial issues and recent immigrants as well. Note that a security deposit is required to attain this card.

Some features of this credit card include Visa payWave and Checkout, lost and stolen card protection, lost and delayed baggage insurance, recurring payments, ability to set up automatic payments to avoid missed or late payments and so much more.

To apply, you must be 19 years of age and above and a Canadian resident with a social security number. You must also be earning a stable income.

A summary of the fees includes 11.25% low interest rate with a $147 annual fee, and a 19.5% regular interest rate with a $0 annual fee. For more information, visit the Vancity website. Vancity’s mailing address is PO Box 2120, Station Terminal, Vancouver BC V6B 5R8.

5. The TD Cash Back Visa* Card

TD Cash Back Visa* Card
TD Cash Back Visa* Card

TD has a range of secured credit cards, one of which is the TD Cash Back Visa* Card. This features 1% cash back on eligible gas and grocery purchases and regularly recurring bill payments as well as 0.5% cash back on all other purchases made with your card. You will enjoy purchase security, extended warranty protection, chip technology and so much more.

To apply, you must be the age of majority in your province/territory and a Canadian citizen. You must also have a stable income. A security deposit is required to attain any of the TD Secured Credit Cards.

Some of the fees and rates for the TD Cash Back Visa* Card include a $0 annual fee, 0% intro APR on purchases and balance transfers for 1st 15 billing cycles (12.99%, 17.99% or 22.99% after that), balance transfer fee of $5 or 3%, $1 minimum interest charge, 25.24% variable APR for cash advances, $0 foreign transaction fee, and a late payment fee of up to $37.

For more detailed information about fees and other factors to consider, visit the TD Bank websiteYou can write your concerns to TD Card Services, P.O. Box 84037, Columbus, GA 31908-4037.

Conclusion

These are some of the best options for easy approval when it comes to applying for Canadian credit cards. Check them out today!

Note: There are risks involved when applying for and using a credit card. Consult each bank’s terms and conditions page for more information.

The Triangle MasterCard Credit Card
The Triangle MasterCard Credit Card

The Triangle MasterCard by Canadian Tire comes with a host of benefits such as allowing its customers to redeem their points at Sport Chek, Atmosphere Mark’s/L’Équipeur and Canadian Tire. You also have access to exclusive offers, cash back when making purchases, and weekly flyer bonuses.

Applying for this credit card is simple and can be done online via the website. You must be 18 years and above, a Canadian citizen and you must have an annual income. Retired people are also eligible to apply for this credit card.

Some fees and rates with this card include a $0 annual fee and no interest (on qualifying retailer purchases). For a complete list of rates and fees, you need to contact a company representative, as the fees are not listed on their official website.

For more information regarding fees and other factors to consider, visit the Canadian Tire website. You can mail the bank at this address: PO Box 2000, Station MainWelland, ONL3B 5S3.

3. The BMO Preferred Rate MasterCard® Credit Card

BMO Preferred Rate MasterCard®

Another credit card that’s easier to get if you have a damaged credit rating is the BMO Preferred Rate MasterCard® Credit Card. This card has become a favorite to many due to its low intro rate of 3.99%.

 This credit card boasts security features such as MasterCard Secure Code, Chip technology, and zero liability.

You are eligible to apply for this card as long as you have not filed for bankruptcy in the past seven years. You must be 18 + years of age, a Canadian citizen, or have a Permanent Resident Card, and you must have a social security number.

Some of the fees include a 3.99% intro rate on balance transfers (with 1% transfer fee) with a 21 day or longer grace period, a $20 annual fee (after the first year), 12.99% interest rate, 2.5% foreign currency conversion fee, dishonoured payment fee of $48, $5 cash advance fee, $10 inactive account fee, and more. For more information, visit the BMO website.

4. The Vancity enviro™Secured Visa Credit Card

The Vancity enviro™ Secured Visa Credit Card
The Vancity enviro™ Secured Visa Credit Card

The Vancity enviro™ Secured Visa Credit Card is for those who have poor past scores, facing financial issues and recent immigrants as well. Note that a security deposit is required to attain this card.

Some features of this credit card include Visa payWave and Checkout, lost and stolen card protection, lost and delayed baggage insurance, recurring payments, ability to set up automatic payments to avoid missed or late payments and so much more.

To apply, you must be 19 years of age and above and a Canadian resident with a social security number. You must also be earning a stable income.

A summary of the fees includes 11.25% low interest rate with a $147 annual fee, and a 19.5% regular interest rate with a $0 annual fee. For more information, visit the Vancity website. Vancity’s mailing address is PO Box 2120, Station Terminal, Vancouver BC V6B 5R8.

5. The TD Cash Back Visa* Card

TD Cash Back Visa* Card
TD Cash Back Visa* Card

TD has a range of secured credit cards, one of which is the TD Cash Back Visa* Card. This features 1% cash back on eligible gas and grocery purchases and regularly recurring bill payments as well as 0.5% cash back on all other purchases made with your card. You will enjoy purchase security, extended warranty protection, chip technology and so much more.

To apply, you must be the age of majority in your province/territory and a Canadian citizen. You must also have a stable income. A security deposit is required to attain any of the TD Secured Credit Cards.

Some of the fees and rates for the TD Cash Back Visa* Card include a $0 annual fee, 0% intro APR on purchases and balance transfers for 1st 15 billing cycles (12.99%, 17.99% or 22.99% after that), balance transfer fee of $5 or 3%, $1 minimum interest charge, 25.24% variable APR for cash advances, $0 foreign transaction fee, and a late payment fee of up to $37.

For more detailed information about fees and other factors to consider, visit the TD Bank websiteYou can write your concerns to TD Card Services, P.O. Box 84037, Columbus, GA 31908-4037.

Conclusion

These are some of the best options for easy approval when it comes to applying for Canadian credit cards. Check them out today!

Note: There are risks involved when applying for and using a credit card. Consult each bank’s terms and conditions page for more information.

Home Trust Secured Credit Card
HomeTrust Secured Credit Card

The HomeTrust Secured Credit Card has helpful features like being able to make online or in-store purchases at a subsidised price. Regardless of your credit history, virtually anyone can get approved; however, you must put down a security deposit. Then, your credit limit will be whatever amount you deposited, whether it’s $500 or $10,000.

Applying for this credit card is straightforward. You must be at least 18 years old and a Canadian citizen with a SSN. You must also have an annual income.

Some of the fees and charges (based on the low-rate primary cardholder agreement) include an annual fee of $59, low interest rate of 14.9% (19.99% if you choose not to pay an annual fee), minimum payment of 3.00% or $10.00, 2% foreign currency conversion fee, $29 over limit fee, $10 account maintenance fee, ATM charge of $2.50 for Cash Advances up to $250.00 and 1% of cash advances for amounts greater than $250.00, and $39 rush card fee.

For more detailed information, visit the HomeTrust website. The HomeTrust Bank mailing address is 2300-145 King Street West, Toronto, Ontario M5H 1J8. 

2. The Triangle MasterCard Credit Card

The Triangle MasterCard Credit Card
The Triangle MasterCard Credit Card

The Triangle MasterCard by Canadian Tire comes with a host of benefits such as allowing its customers to redeem their points at Sport Chek, Atmosphere Mark’s/L’Équipeur and Canadian Tire. You also have access to exclusive offers, cash back when making purchases, and weekly flyer bonuses.

Applying for this credit card is simple and can be done online via the website. You must be 18 years and above, a Canadian citizen and you must have an annual income. Retired people are also eligible to apply for this credit card.

Some fees and rates with this card include a $0 annual fee and no interest (on qualifying retailer purchases). For a complete list of rates and fees, you need to contact a company representative, as the fees are not listed on their official website.

For more information regarding fees and other factors to consider, visit the Canadian Tire website. You can mail the bank at this address: PO Box 2000, Station MainWelland, ONL3B 5S3.

3. The BMO Preferred Rate MasterCard® Credit Card

BMO Preferred Rate MasterCard®

Another credit card that’s easier to get if you have a damaged credit rating is the BMO Preferred Rate MasterCard® Credit Card. This card has become a favorite to many due to its low intro rate of 3.99%.

 This credit card boasts security features such as MasterCard Secure Code, Chip technology, and zero liability.

You are eligible to apply for this card as long as you have not filed for bankruptcy in the past seven years. You must be 18 + years of age, a Canadian citizen, or have a Permanent Resident Card, and you must have a social security number.

Some of the fees include a 3.99% intro rate on balance transfers (with 1% transfer fee) with a 21 day or longer grace period, a $20 annual fee (after the first year), 12.99% interest rate, 2.5% foreign currency conversion fee, dishonoured payment fee of $48, $5 cash advance fee, $10 inactive account fee, and more. For more information, visit the BMO website.

4. The Vancity enviro™Secured Visa Credit Card

The Vancity enviro™ Secured Visa Credit Card
The Vancity enviro™ Secured Visa Credit Card

The Vancity enviro™ Secured Visa Credit Card is for those who have poor past scores, facing financial issues and recent immigrants as well. Note that a security deposit is required to attain this card.

Some features of this credit card include Visa payWave and Checkout, lost and stolen card protection, lost and delayed baggage insurance, recurring payments, ability to set up automatic payments to avoid missed or late payments and so much more.

To apply, you must be 19 years of age and above and a Canadian resident with a social security number. You must also be earning a stable income.

A summary of the fees includes 11.25% low interest rate with a $147 annual fee, and a 19.5% regular interest rate with a $0 annual fee. For more information, visit the Vancity website. Vancity’s mailing address is PO Box 2120, Station Terminal, Vancouver BC V6B 5R8.

5. The TD Cash Back Visa* Card

TD Cash Back Visa* Card
TD Cash Back Visa* Card

TD has a range of secured credit cards, one of which is the TD Cash Back Visa* Card. This features 1% cash back on eligible gas and grocery purchases and regularly recurring bill payments as well as 0.5% cash back on all other purchases made with your card. You will enjoy purchase security, extended warranty protection, chip technology and so much more.

To apply, you must be the age of majority in your province/territory and a Canadian citizen. You must also have a stable income. A security deposit is required to attain any of the TD Secured Credit Cards.

Some of the fees and rates for the TD Cash Back Visa* Card include a $0 annual fee, 0% intro APR on purchases and balance transfers for 1st 15 billing cycles (12.99%, 17.99% or 22.99% after that), balance transfer fee of $5 or 3%, $1 minimum interest charge, 25.24% variable APR for cash advances, $0 foreign transaction fee, and a late payment fee of up to $37.

For more detailed information about fees and other factors to consider, visit the TD Bank websiteYou can write your concerns to TD Card Services, P.O. Box 84037, Columbus, GA 31908-4037.

Conclusion

These are some of the best options for easy approval when it comes to applying for Canadian credit cards. Check them out today!

Note: There are risks involved when applying for and using a credit card. Consult each bank’s terms and conditions page for more information.