Orchard Bank® Classic MasterCard®  

REVIEW:
Orchard Bank Classic MasterCards, issued by HSBC Bank Nevada, N.A., are a group of cards that offer applicants with limited credit histories the opportunity to establish better credit*. Applicants of this offer are eligible for any one of the following four cards, depending on their credit history.

The Orchard Bank Platinum MasterCard® is ideal for applicants who want a credit card to help their credit history, but without the requirement of a security deposit. The annual fee depends on the applicant's credit history and may be $39 or $59. There is no account processing fee and the interest rate is average for this type of card.

Another member of Orchard Bank's Classic MasterCards profile is the Orchard Bank Secured MasterCard®. The major benefit of this card is the reasonable $35 annual fee, which is waived for the first year of cardmembership. The deposit for this secured card earns interest annually and the card provides additional cardholder benefits which is unusual for a secured credit card.

The Orchard Bank Classic MasterCard® is another offer. The annual fee is $29 the first year and $59 per year thereafter. There is also an account processing fee of $39 per year.

Finally, there is the Orchard Bank Gold MasterCard®. The annual fee is based on a review of the applicant's credit history and will be $49 the first year and $59 per year thereafter. Also, applicants should expect to pay $19 for the account processing fee.

These cards share common benefits including credit bureau reporting, 24-hour customer service assistance, online account access, and periodic credit limit increases for those who qualify.

Those in need of a credit card that can possibly improve creditworthiness in exchange for the out of pocket costs of additional fees may find one of the Orchard Bank Classic MasterCards to be a good fit.

*It is HSBC's goal to offer you the credit card that best fits your credit profile, which may or may not be the card you originally inquired about. You may be offered a secured card or an unsecured card with different terms and conditions, which will be disclosed before your application is processed.