Overview of the Peoples Trust Secured MasterCard
BMO® Preferred Rate MasterCard®check eligibility
Welcome offer: Get a 0.99% introductory interest rate on Balance Transfers for 9 months with a 2% transfer fee and we’ll waive the $20 annual fee for the first year.
CIBC Select Visa* Cardcheck eligibility
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.
MBNA True Line® Mastercard® credit cardcheck eligibility
Standard Annual Interest Rates of 12.99% on purchases, 12.99% on balance transfers✪ and 24.99% on cash advances
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