Overview of the Peoples Trust Secured MasterCard

Unfortunately, this card is no longer available on ratehub.ca.

See what other cards are available.

Peoples Trust Secured MasterCard

2 reviews

Card details

Annual fee: $70
Monthly interest charge
Based on credit balance $500/mo: $5.41

Peoples Trust Secured MasterCard details

Annual fee: $70
Purchase interest rate: 12.99%
Cash advance interest rate: 24.50%
Balance transfer interest rate: N/A
Minimum income: Any amount
Household income: Any amount
Network: Mastercard
Provider: People’s Trust Company
Card type: Low interest

Compare against our best Low interest cards

Featured
CIBC Select Visa* Card
Transfer your credit card balance - Get 0% interest for up to 10 months with a 1% transfer fee† and a first year annual fee rebate†
Featured
MBNA True Line® Gold Mastercard® credit card
Featured
MBNA True Line® Mastercard® credit card
Standard Annual Interest Rates of 12.99% on purchases, 12.99% on balance transfers✪and access cheques, and 24.99% on cash advances

Compare all

Detailed card summary

Benefits & features

Low annual interest rate of 12.99% on purchases
Minimum deposit required is $500 and the maximum deposit allowed is $25,000
Credit card limit will equal to 100% of the security deposit
The cardholder’s security deposit will be placed in a GIC Account with Peoples Trust Company and earn 0.50% interest annually
The security deposit will be returned when the account is closed
Peoples Trust reports the customer’s payment history monthly to both Equifax and Trans Union

How to get approved

User reviews

Average user score for Peoples Trust Secured MasterCard

3.5 | 2 reviews

cruz October 13, 2016
this card is verry easy to apply and no huzzle.you can get this card right away in moneymart and its only $12.00.you can use it to your payroll at no service charge any time you use it.no monthly service charge or anytime you use it in different way.no credit check. no a lots of question or documents that you need to present to the agent.
Xavier September 30, 2016
All the process when good except for the security deposit they do not accept from your bank account,they do not accept also personal check from joint account or any other transfer as western union or other type of transfer. They only accept personal check from bank account only under youre name or certified check from your bank or money check from post office. Also that its not written anywhere you will also need to send a letter from your directeur or directrice from your bank.

We’ve helped over 1 million Canadians compare the best credit cards

Whether you want cash back or travel points, lounge access benefits or roadside assistance perks – there’s a credit card out there that’s right for you. Find it in under 2 minutes.

let’s get started!