Home Trust Visa
No annual fees, 1% cash back on eligible purchases, no foreign exchange fees, flexible credit limits and an option for secured or home equity backed cards.
Home Trust Visa credit cards pack in some of the best value features for Canadian consumers. Applicants can choose from Preferred, Equityline, and Secured Visa options. Each card has a unique set of advantages based on credit needs and financial goals.
The Home Trust Preferred Visa offers 1% cash back on purchases, no annual fee, and absolutely no foreign exchange fees. The standard interest rate is 21.99%. The Secured Visa offers a lower interest rate (14.90% with a $59 fee or 19.99% with no fee) and lets you assign a high credit limit by securing your deposit – ideal for credit building. The Equityline Visa acts as a low-rate, high-limit card with access to your home equity, with no annual fee as well.
How to Apply for a Home Trust Visa
- Visit the Home Trust website’s Visa credit card section.
- Compare available cards and choose the one that suits your needs.
- Complete the online application with your information.
- Submit documents as needed for verification.
- Wait for approval and receive your card if accepted.
Key Pros
One big advantage is the lack of foreign exchange surcharges on transactions, which saves frequent travellers money. Also, the no-fee Preferred card with 1% cash back on all spending has broad appeal. Secured and Equityline cards offer flexibility for those building credit or tapping into home equity, and all cards come with Visa Zero Liability protection.
Notable Cons
The regular interest rates, while competitive, are not the lowest in Canada. Some options, like Secured Visa, charge an annual fee if you want the lowest interest rates. Additionally, rewards are not earned on cash advances or foreign currency transactions, which may be a drawback for those seeking maximum rewards on all activity.
Final Verdict
Home Trust Visa cards are a stand-out choice for Canadians wanting a no-fee card, no foreign exchange charges, and straightforward cash back. Their flexibility and broad eligibility—especially for people rebuilding credit or new to Canada—make them easy to recommend. Weigh your priorities, but for most, these cards tick a lot of boxes for value and convenience.
