The Best Credit Cards For Canadians With Bad Credit

Multiple Credit Cards Stacked on One Another

Shutterstock

Having bad credit is tough. It makes things that many people take for granted — like financing a new car or swiping your credit card at the gas pumps — extra difficult. Or downright impossible, in some cases. Unfortunately, we now live in a digital age where not having a credit card is a huge inconvenience. From online shopping to booking hotels or car rentals, a credit card is basically a necessity in these modern times. And that’s not even mentioning using a credit card for things like curbside grocery pickup or essential product deliveries in the middle of an ongoing pandemic.

If you can’t get a “normal” credit card, you might think you’re simply out of luck. However, even Canadians with bad or poor credit have a few lifelines for new credit cards. They come with higher interest rates and lower limits. You might even have to settle for a secured credit card at first. But you have to start rebuilding that credit somehow, and responsible credit card usage can play a big part in that. Check out these options.

Devon Taylor

Devon Taylor

Devon is a Canadian-based writer and a father of three young children. He's simultaneously trying to build college funds and plan for an eventual retirement. He's been in online publishing since 2013 and has a degree from the University of Guelph. In his free time, he loves fanatically following the Blue Jays and Toronto FC, camping with his family, and playing video games

X