 |
Secure Visa
/ Secure MasterCard Comparison in Canada |
HorizonPlus
MasterCard |
HomeTrust
Visa |
|
Minimum
Security Deposit |
$500.00 |
$1000.00 |
|
Maximum
Security Deposit |
$10,000.00 |
$10,000.00 |
|
Interest
Payable on deposits |
2% |
1% |
|
Interest
Charges on Purchases |
19.5% |
19.5% |
|
Cash Advance
Charges |
24.5% |
21.5% |
|
Annual Fee's |
$0 |
$0 |
|
Application
& Set-up fee (one time charge on first bill) |
$49.00 |
$39.00 |
|
Monthly
maintenance fee |
$5.95 |
$7.50 |
|
Cash Advance
fee per transaction |
$5.00 |
$2.00
and up |
|
Over Limit
fee per occurrence |
$29.00 |
$29.00 |
|
Monthly fee
for supplementary card |
$2.95 |
$3.00 |
|
Security
Deposit held in GIC savings account Insured by CDIC |
Yes |
Yes |
|
Available to
Quebec Residence? |
Yes |
No |
|
Minimum
Monthly Payment for both Visa and MasterCard |
3% of the
balance or $10, whichever is greater |
