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READ THIS TO GET APPROVED: To help you get approved for this card, if you’ve declared bankruptcy or been in consumer proposal you should have a FICO greater than 500. The application process is simpler, you won’t have the risk of losing your security deposit and you won’t tie up your money in a security deposit either.Don’t apply for every credit card under the sun – doing so will further lower your .Also, if you have any large purchases you need to make on the card, you can deposit as much as ,000, which should give you all the flexibility to have a large enough credit line for big ticket purchases.“Peoples Card Services continually analyzes and refines its products to best meet the needs of our clients.
Whether you’re looking for an unsecured, guaranteed approval, or secured credit card, there’s an option that’s best for you.
Why It’s a Winner: The Affirm Master Card is our top ranked credit card for bad credit, because it stands alone in Canada as the only unsecured credit card for bad credit with absolutely no security deposit required.
It’s a great opportunity for those who have declared bankruptcy or have been or are in consumer proposal, offering unsecured credit lines as high as ,000.
You can put down as little as 0, or as much as ,000, depending on the card.
If you decide to cancel your secured card, you can just pay off your outstanding balance, and you’ll get your security deposit back.