FinviloBorrowell
Borrowell Credit Builder
A subscription credit-building plan that reports payments to a credit bureau.
- Payment
- From $5 biweekly
- Credit check
- No hard check
- Term
- 48 months, 0% APR
- Provincial availability
- Not available in Saskatchewan
Credit Building in Canada
Tools to check, build and protect your Canadian credit history.
Compare credit-building tools by what they report, what they cost and whether you need to borrow. Paying for a tool does not guarantee a higher credit score.
Browse by type
Verified options
Borrowell
Borrowell Free Credit Report
Free weekly credit score and report monitoring.
- Price
- Free
- Updates
- Weekly
- Score impact
- Checking won't hurt your score
Borrowell
Borrowell Free Credit Score
Free Equifax credit score and report access with ongoing monitoring.
Full details for Borrowell Free Credit Score (opens in new tab)Borrowell
Borrowell Rent Advantage
Reports rent payments to Equifax Canada without landlord approval.
- Monthly fee
- $10 ($8 bundled)
- Credit reporting
- Equifax Canada only
- Cancellation
- No charges
Capital One Canada
Capital One Guaranteed Mastercard
An unsecured Mastercard from Capital One aimed at people building credit.
Full details for Capital One Guaranteed Mastercard (opens in new tab)Capital One Canada
Capital One Secured Mastercard
Secured Mastercard with security funds required.
- Annual fee
- $0
- Purchase interest rate
- 29.9% (21.9% for Quebec residents)
- Eligibility
- Security funds required
Credit Karma Canada
Credit Karma Canada
Free TransUnion credit score and report with monitoring alerts.
Full details for Credit Karma Canada (opens in new tab)Equifax Canada
Equifax Complete Premier
A paid Equifax plan with credit monitoring, alerts and identity theft help.
Full details for Equifax Complete Premier (opens in new tab)Home Trust
Home Trust Secured Visa
Secured Visa with a no-fee option or a lower-rate option with a fee.
- Annual fee
- $0 (19.99%) or $59 (14.90%)
- Purchase interest rate
- 19.99% no-fee option; 14.90% with $59 fee
- Provincial availability
- Not available in Quebec
Home Trust
Home Trust Secured Visa: Low Rate Option
A lower-interest pricing option in the Home Trust Secured Visa family with an annual fee. The cash deposit secures the account, while regular payments are still required.
- Credit reporting
- Monthly reporting to a credit bureau.
- Provinces
- Quebec excluded; complete province-by-province availability Not confirmed.
- Repayment
- Deposit does not replace monthly payments.
- Security deposit and limit
- CAD 500 to CAD 10,000; limit equals deposit.
Home Trust
Home Trust Secured Visa: No Annual Fee Option
Deposit-secured card with monthly credit-bureau reporting. The deposit determines the limit but does not replace regular card payments.
- Provinces
- Quebec excluded; complete province-by-province availability Not confirmed.
- Credit reporting
- Monthly reporting to a credit bureau.
- Requirements
- Permanent Canadian resident, age of majority, not currently bankrupt.
- Annual fee
- CAD 0.
KOHO
KOHO Credit Building
A subscription credit-building tool that reports to a credit bureau.
- Rate
- 0%
- Credit check
- No credit checks
- Approval
- Guaranteed approval advertised
KOHO
KOHO Free Credit Score
Free Equifax score updated monthly.
- Source
- Equifax
- Updates
- Monthly
- Score impact
- No hard credit checks
Neo Financial
Neo Secured Mastercard
Neo's entry Mastercard with a secured limit and no minimum income.
- Eligibility
- No minimum income requirement
- Credit reporting
- Payments reported to TransUnion and Equifax
- Security deposit
- Fully refundable
Neo Financial
Neo World Elite Mastercard (secured)
Neo World Elite Mastercard with a secured limit.
- Minimum income
- $80,000 individual or $150,000 household
- Credit reporting
- Payments reported to TransUnion and Equifax
Neo Financial
Neo World Mastercard (secured)
Neo World Mastercard with a secured limit.
- Minimum income
- $50,000 individual or $80,000 household
- Credit reporting
- Payments reported to TransUnion and Equifax
Spring Financial
Spring Financial Foundation Program
A credit-building program that reports payments to credit bureaus.
Full details for Spring Financial Foundation Program (opens in new tab)What to check before choosing credit building
Credit reporting
Ask which Canadian credit bureaus receive information and how often.
Fees and deposits
Check subscription charges, security deposits and cancellation conditions.
Practical value
Distinguish monitoring a report from building a payment history.
Credit outcomes vary. Avoid borrowing solely for a promised score increase.
Before you visit a provider
Confirm current fees, rates and eligibility directly with the provider. Product terms can change over time. A listed product is not a recommendation or a promise of approval.
Availability must be confirmed for your province or territory. If product-specific location or eligibility information is missing, it is not confirmed.
For further guidance, visit Financial Consumer Agency of Canada.
This is general information, not personalized advice. Read our editorial policy and affiliate disclosure.