Use it for groceries, bills, subscriptions, or wherever life takes you. Build your credit history with every swipe, without the interest charges.
How it works
Same process. New possibilities
Put down a security deposit
Your deposit becomes the credit limit available to your card. You choose the amount, with a minimum deposit of $100.
Get your card
Your virtual PlusSecured card is ready immediately. Your physical card ships by mail.
Use it like any other credit card
In-store, online, and internationally, anywhere Mastercard is accepted.
Build your credit history
Your card activity is reported to Equifax. Consistent use and on-time payments build a positive credit file over time.
KEY BENEFITSWhat you get
- No interest on your balance. No exceptions.
- Your deposit. Your limit.
- Accepted everywhere Mastercard is.
- Transparent fees. Nothing buried.
- One dashboard for everything.
No interest on your balance. No exceptions.
Carry a balance from month to month without the hassle of rising interest rates. That’s a key part of what separates PlusSecured from every other secured card on the market.
Your deposit. Your limit.
No lender decides what you can spend. Your security deposit sets the number. Want a higher limit? Increase your deposit.
Transparent fees. Nothing buried.
One subscription. No hidden charges, no annual fee surprises, no fine print waiting to trip you up.
Accepted everywhere Mastercard is.
In stores, online, subscriptions, internationally. Wherever you need it.
One dashboard for everything.
Your spending history, statements, balance, and credit score, all managed from your PlusCredit account.
What consistent use may do for your credit file
PlusSecured users who use their card consistently over a few weeks/months will see that positive activity reflected in their credit file. Paying on time and keeping your balance manageable are the behaviours credit bureaus register. The exact impact varies by individual.
- PlusSecured requires a security deposit equal to your chosen credit limit.
- Your deposit is refundable when the account is closed in good standing with no outstanding balance.
- Card activity is reported to the credit bureaus.
- No specific improvement to your credit score is guaranteed.
- Individual results vary. Subscription fees apply. See Pricing page for full details
Got questions?
We’ve got answers
Every other secured card in Canada charges interest when you carry a balance, typically 19.99% or higher. PlusSecured charges zero. That’s the only difference that matters.
PlusCredit is a Canadian fintech platform with interest-free tools to help you build, monitor, and understand your credit. Products include a prepaid card, secured card, credit monitoring, rent reporting, and an AI coach.
PlusCredit is a Canadian fintech platform with interest-free tools to help you build, monitor, and understand your credit. Products include a prepaid card, secured card, credit monitoring, rent reporting, and an AI coach.
PlusCredit is a Canadian fintech platform with interest-free tools to help you build, monitor, and understand your credit. Products include a prepaid card, secured card, credit monitoring, rent reporting, and an AI coach.
PlusCredit is a Canadian fintech platform with interest-free tools to help you build, monitor, and understand your credit. Products include a prepaid card, secured card, credit monitoring, rent reporting, and an AI coach.
PlusCredit is a Canadian fintech platform with interest-free tools to help you build, monitor, and understand your credit. Products include a prepaid card, secured card, credit monitoring, rent reporting, and an AI coach.
PlusCredit is a Canadian fintech platform with interest-free tools to help you build, monitor, and understand your credit. Products include a prepaid card, secured card, credit monitoring, rent reporting, and an AI coach.