Life can be unexpected at times. And, when you’re already going through a bad credit phase, it can only make things worse for you.
Did you recently shift to start a new life in Canada? Or, have you been living in the country for ages now?
If you answered yes to the second question, you must already know how a bad score can hurt your financial stability here. However, if you fall in the immigrant's category, Welcome To The New Credit World!
What if you have a bad credit score yet want to enjoy the perks of having a credit card in Canada?
Is there a card that provides guaranteed approval?
Something that can help you build credit on your ‘improve credit score’ journey?
Yes! Yes! Yes! Plastk secured credit card answers all your prayers for having a blasting life in Canada. Wondering how? Let us enlighten you!
Why Choose Secured Card To Build Bad Credit?
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Well, let us ask you first, what’s the worst thing about having a bad credit score in Canada?
Yes, we agree to all of these. But, to survive life in Canada, you need to have a personal or rental home and good insurance. However, unless you are a well-off person, you can’t possibly afford to do everything on a bad credit!
As we explained earlier, your bad credit can make it difficult even to get the basic necessities. So, what option do you have? Shift to another place? Argh, but you just did that. And, what if the new place has strict credit rules?
Get a new credit card to improve your bad credit score, poor credit history, and struggling life?? Sounds like a good plan, right?
Earth to you, fellows! Getting a good credit card to build a bad credit score is probably even harder than anything.
Here comes our secured credit to your rescue!
Ah, you must be thinking we’re bluffing when we say a secured credit card is the best choice for you to build a good credit score in Canada? Let us prove to you with expert answers.
Here is a list of the top finance and loan comparison sites that featured Plastk to be the perfect card for rebuilding credit in Canada:
Click to read the complete reviews on why and where Plastk was featured.
Now coming back to the best credit card in Canada guide. So, what makes our secured Visa card the experts pick?
Or, to be precise, what distinguishes Plastk from other cards that it’s considered the perfect secured card for Canadians? Let’s find the reasons in the next section!
Reasons Why Plastk Is The Best Secured Card In Canada
Image Credits: Freepik
If you understand the basics of a credit score, you must know that using the card responsibly can help your credit rating and history.
But, for you to achieve that, you need to invest in a good card that can guide you through your credit rebuilding journey. So, let’s convince you with some reasons why to choose a secured credit card:
1. We Never Say Never!You just filled out another credit card application to help your falling history. Yet you still heard ‘No’ from the company.
Like, how are you even supposed to start the credit rebuilding journey when nobody is willing to help you out? Right! Argh, so frustrating!
With our Visa card, there’ll be no such rejection and frustration. We value every new and old member!
As you’re paying something upfront, the credit card providers feel a sense of surety, so they approve your card application.
2. Welcome Rewards To Celebrate Your Rebuilding Journey!
Nothing beats the happiness of a freebie!
And, to value your credit rebuilding journey, we offer welcome bonuses and rewards programs to provide you with the motivational push you desire now and then to keep going.
Does 0% APR for 3 months and 5k bonus reward sound too good to be true? Well, it’s not! Because you’ll be getting all of it just on the Signup!
We know Canadian citizens and immigrants face many challenges during their credit rebuilding journey; that’s why we want to be the best help we can be to not make matters worse for you!
3.We Appreciate Struggling Students!
When is the best time to start working on building your credit history? Now!
Yes, it sounds good for a working adult or even a retired person who receives a pension. However, it might be bad news for all the students.
With tuition fees to pay and planning for a better future, maintaining a good credit score and credit history won’t be on your mind. So let us introduce the top student credit card to change the game!
Start your credit-building journey now, and let us help you run successfully on it!
4. Credit Rewards To Help You Cope With Credit Stress
Your credit history is already looking bad with all the overspending you have done in the past. Surely, it must make you fear spending even on the essentials?
But, you need to use the card to help your bad credit history and credit score. So, what can you do? Benefit from our rewards program!
You can use the spending reward points for your credit balance or even elsewhere to make a purchase.
5. First-Ever Premium Cash Advance Right From Your Home
If you’ve ever gone to an ATM to use the cash advance to send money to your parents back home for holidays or surprise your long-distance girlfriend with flowers on Valentine's Day, you must know what we’re talking about.
Despite being Canada's only secured credit card that provides premium rewards, we never want to take advantage of our loyal members! Here’s how e-transfer can help you:
Surely, all the bad credit scorers must have been robbed by expensive fees on cash advances at least once in their credit life.
6. Expert Tips For Your Effective Credit Rebuilding
Deciding and taking the initiative is not enough. Sometimes you need an extra helping hand to take the torch for you and tell you if there’s an obstacle in the front.
Yes, your credit score updates are constantly sent to Equifax, but how do you know what you’re doing is right? Your customized credit tip guide coming to the rescue!
There’s so much to know that can’t be covered in this one guide! So, stay tuned for more such content.
Bottom Line
Secured credit cards are the safest card option to build a credit score in Canada. The reason is that no hidden agenda or fee can rip you off all the money you have left.
Moreover, you can simply pay the deposit, use the card, and see how it works for you as the deposit is right there and can be refunded!
All the reasons why you should get it!