Secured

Secured credit cards are your fastest path from bad credit to good credit, requiring a deposit that becomes your credit limit while building real credit history with every payment. The Neo Secured Mastercard leads with guaranteed approval from just a $50 deposit plus actual cashback rewards (rare for secured cards), while Home Trust offers simple, no-frills credit building and KOHO provides a prepaid alternative with optional credit reporting for $10 monthly. Whether you're recovering from bankruptcy, new to Canada, or just starting your credit journey, these cards report to credit bureaus and can boost your score by 50-100 points within a year – just keep utilization under 30%, pay in full monthly, and resist the urge to close them once you qualify for regular cards.