How to Build Credit as a Newcomer to Canada

Starting a Canadian credit history from scratch.

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Bank newcomer programs

Many banks have newcomer packages that can include a credit card.

Secured credit cards

A secured card uses a deposit as the limit and can help build history.

Pay on time

Use a small part of the limit and pay in full.

Check your file

Once you have accounts, check your Equifax and TransUnion reports.

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