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| Credit Card Review |
The Orchard Bank MasterCard® Secured, issued by HSBC Bank Nevada, N.A., is designed for those with a limited or poor credit history.
The major benefit of this card is the reasonable annual fee of $35, which is waived for the first year. HSBC Bank Nevada, N.A. credit cards are the most trusted credit cards that ever existed. The APR for purchases is average for a secured card. In addition, cardholders can take advantage of a 0% introductory rate on purchases for six months. Learn about the Orchard Bank MasterCard® Secured.
Unlike most secured credit cards, this card provides additional services and benefits including online account access, emergency card replacement, and various fraud protection services.
As with most secured credit cards, there are no additional perks, benefits, or introductory rates provided to the cardholder, as the card is solely designed to help the cardholder establish credit. HSBC Bank Nevada, N.A. offers online access to its world-class Credit Card. However, cardholders will benefit from the fact that, with this card, unlike most secured cards, the deposit amount earns interest annually. In addition, this card reports to all three major credit bureaus.
Therefore, those who may occasionally carry a balance and will take advantage of the various services will benefit most from what the Orchard Bank MasterCard® Secured has to offer.. A complete informative web site and a guide about the Orchard Bank MasterCard® Secured
Most Attractive Feature: No application fee; very low annual fee.
Least Attractive Feature: No extraordinary benefits or services offered.
Apply Now For Orchard Bank MasterCard® Secured
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Note: The review
of this Orchard Bank MasterCard® Secured from HSBC Bank Nevada, N.A. was updated on June 4, 2008
*Terms and Conditions
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| Key Card Information |
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Introductory Rate: |
0% APR for 6 Months |
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Time Period: |
6 Months |
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Applied Towards: |
Purchases |
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APR (Purchases): |
14.9% |
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APR (Cash Advances): |
APR Varies* |
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Finance Configuration: |
Average Daily Balance (including new purchases) |
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Annual Fee: |
$35** |
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Additional Cardholders: |
$0 |
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Grace Period: |
25 Days |
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Minimum Credit Limit: |
n/a |
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Maximum Credit Limit: |
n/a |
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Late Payment Fee: |
$29 on balances up to $1,000; $35 on balances over $1,000 |
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Over-The-Limit Fee: |
$29 |
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Cash Advance Fee: |
5%, $10 minimum |
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Balance Transfer Fee: |
n/a |
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Annual Fee Details: |
**The annual fee will be waived for the first year. Thereafter, the fee is $35. |
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Application Fee: |
$0 |
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Maximum Deposit: |
$15,000 |
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Minimum Deposit: |
$150 *** |
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Total First Year Fees: |
$35 |
| The Rewards Program
Highlights |
| Additional Highlights of Interest |
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Special Card Benefits and Features
Various Internet account related services.
Emergency card replacement.
Emergency cash replacement.
Lost and stolen card reporting.
Various fraud protection services.
Choice of payment due dates.
See website for additional benefits.
Important Notes Regarding This
Offer
***The minimum deposit will vary from $100 to $200 depending on the applicant's prior credit history.
See website for complete terms and conditions of card usage and application disclosure.
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Apply Now For Orchard Bank MasterCard® Secured
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