Send Secured Funds

Why do I need to provide security funds?

To establish a credit limit for the chatr Secured Mastercard® you will need to send Rogers Bank security funds to activate your Rogers Bank Mastercard® account.

To send Rogers Bank your security funds you should:

  1. Login in to your Financial Institutions online or mobile bank account and go to bill payments to add a new payee.  Select “chatr Mastercard® Security Funds” as the payee. NOTE: The security funds should be submitted by the primary account holder’s (that is the person that applied for the card) bank account.
  2. Enter your 11-digit account number that was provided to you in the welcome email.
  3. Once you set up your payee, send the amount of your security deposit from $300 up to $2,500 to establish your desired credit limit.

You must send funds within 30 days of receiving the welcome email. Security funds may take up to 7 days to be received by Rogers Bank. Once we receive the security funds, a card will be issued.

Click here to learn how to pay your chatr Secured Mastercard® statement.