The Home Trust Secured Visa Card gives holders the ability to build or rebuild credit, even if they’ve had credit difficulties in the past or have never had a credit card before. This card is aimed at those who would struggle to be eligible for other credit cards as a way to build credit, and has an annual fee of $59. The main difference between this card and the no-fee version is that this card offers a low interest rate of 14.50% on ongoing purchases. Virtually everyone is approved for this card, but it really doesn’t offer anything besides credit. As a secured card, you must pay a deposit of a minimum $500 and maximum $10,000, which will become your credit limit. All in all, this card could be useful as a stepping-stone to those who want a card with bigger benefits, but don’t have a high enough credit score, but if your credit is already good this card is a bit redundant. Also, if you already pay off your outstanding balances quickly without letting them accrue much interest you may prefer to no-fee version.

As per our rating system, this card scored 0/25 on rewards, 19/25 on interest rates and balance transfers, 6/25 on perks and insurance, and 22/25 on annual fees. Therefore, the total smart score of this card is 47/100.