Home Trust Secured Visa vs Neo Secured Card
The short answer: for most people the Neo Secured Card is the better overall card — we rate it 4.1/5 and it shines if you want rebuilding credit while still earning cash back. Choose the Home Trust Secured Visa instead if your priority is building or rebuilding credit with no annual fee.
Advertiser disclosure: we may be compensated for links on this page. Our ratings stay independent. Learn more.
| Our rating | 4.0 | 4.1 |
|---|---|---|
| Annual fee | No annual fee | No annual fee |
| Welcome bonus | None | None |
| Foreign transaction fee | 2.5% | 2.5% |
| Rewards type | cash back | cash back |
| Top earn rates |
|
|
| Purchase interest | 19.99% | 19.99% |
| Income required | None stated | None stated |
| Best for | Building or rebuilding credit with no annual fee | Rebuilding credit while still earning cash back |
| Apply now | Apply now |
Home Trust Secured Visa
A go-to secured card for rebuilding credit: no annual fee, a modest refundable deposit, and reporting to the Canadian credit bureaus so responsible use lifts your score over time.
Neo Secured Card
Our winnerA modern secured card: it reports to the credit bureaus to help you rebuild while still earning cash back at Neo partners — unusual for a credit-builder card, with no annual fee on the standard tier.
Frequently asked questions
Is the Home Trust Secured Visa or the Neo Secured Card better?
For most Canadians, the Neo Secured Card is the better overall pick (we rate it 4.1/5 vs 4/5). It's especially strong if you want rebuilding credit while still earning cash back. The Home Trust Secured Visa can still win if you specifically want building or rebuilding credit with no annual fee.
Which card has the lower annual fee?
Both cards have no annual fee.
Do either of these cards charge foreign transaction fees?
Home Trust Secured Visa: 2.5% foreign transaction fee. Neo Secured Card: 2.5% foreign transaction fee.