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The Peoples Trust advantage.
Peoples Trust is a federally-regulated bank that issues prepaid credit cards — powerful tools for those looking to build a credit history or to repair it.
And while these are not conventional cards, you still have lots of credit card options, especially when it comes to credit card networks: Peoples Trust has partnerships with both Visa, MasterCard, and American Express.
That means you can choose from a Peoples Trust Mastercard credit card, a Peoples Trust Visa credit card, or a Peoples Trust Amex credit card.
We explore Peoples Trust’s offerings in more detail below. For more information about credit card promotions and deals, visit Peoples Trust’s website.
Here’s what you get when you choose Peoples Trust for your credit card needs.
Cards that protect you from yourself
Peoples Trust caters to consumers who have difficulty obtaining lines of credit. The Vancouver-based financial institution offers ultra-secure products to help clients revive their credit score. Some prepaid cards from Peoples Trust can only be loaded once and used until the balance is spent, for instance. Do a comparison of Peoples Trust credit cards to find the best prepaid card for you.
Cards that set you up for future success
Peoples Trust also has a range of cards that are reloadable and good for long-term use. There are no limits on how they can be used, whether for business expenses (payroll, expense management, and financial services) or personal items (travel, health, and transit). Explore all the great benefits of Peoples Trust prepaid credit cards.
Peoples Trust offers prepaid cards aimed specifically at travellers. These cards protect against fluctuations in currency exchanges and have other features designed to help the cardholder stick to their budget. You can use your Peoples Trust credit card to enjoy great exchange rates while making international purchases. You can easily make instore or online payments using your Peoples Trust credit card. Some credit cards may have low interest rates, but with a Peoples Trust credit card there’s no interest rate charges. Best of all, Peoples Trust credit cards have no annual fee.
Business in the front, party in the back
Just because it’s prepaid doesn’t mean you can’t have some fun: Peoples Trust also offers rewards credit cards that enable you to collect Peoples Trust credit card points that can be used towards travel.
Choosing the right Peoples Trust prepaid credit card
Compare the best types of Peoples Trust credit cards to make the right choice and start enjoying all the benefits of using a prepaid card.
Peoples Trust offers the following credit cards in Canada:
- Peoples Trust Single Load Prepaid credit card: This single load prepaid credit card can only be loaded once and used until the balance is zero or until the card expires in the case of promotional cards.
- Peoples Trust General Purpose Reloadable credit card: This prepaid credit card can be loaded multiple times with any additional funds, allowing you to use it for a longer period of time.
- Peoples Trust Foreign Currency credit card: This is a prepaid credit card is great for travelling as it protects you from currency exchange fluctuations and helps you stay within your spending limits.
How to apply for a Peoples Trust credit card
You can apply for a new Peoples Trust credit card by completing an online Peoples Trust credit card application on the Peoples Trust site.
Unlike typical credit cards, a Peoples Trust prepaid credit card involves no Peoples Trust credit card eligibility check because it is a secured card. Your Peoples Trust credit card limit depends on the total amount of money you load onto your card. Once you load the amount on your credit card, just follow the Peoples Trust credit card activation steps to activate your card.
About Peoples Trust
Founded in 1985, the Peoples Trust Company prides itself on being a small firm that doesn’t try to be everything to everyone. The CDIC-insured trust’s mission is to provide credit to those who need it, to educate them on the proper uses of credit, and to make available a suite of high-quality savings products. Peoples Trust is one of Canada’s premier providers of prepaid credit cards. It doesn’t offer flashy deals, but you get the sense the financial institution cares more about your long-term financial health than boosting profits.
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