Orchard Bank Platinum MasterCard

Enjoy the Prestige of Platinum with No Up Front Fees Premium Platinum Benefits Including Purchase Protection Great Credit Card to Strengthen Credit Reports to All 3 Credit Bureaus Monthly, which Can Help Improve the Cardholder's Credit Score Free Online 24-Hour Account Access and Bill Pay Periodic Credit Limit Increases

Orchard Bank Platinum MasterCard Review

The Orchard Bank Platinum MasterCard, issued by HSBC Bank Nevada, N.A., is designed for those with an average or a limited credit history who do not wish to secure a credit card account with a deposit, as this is often the case with a secured card.

Assuming payments are made on time, this card can help those with a limited credit history build towards a positive and solid credit history, but there are several factors that should be considered before applying.

There is an annual fee that is dependent on the applicant's credit history and will range from $39 to $69, which is about average for this type of credit card. However, there is no application fee associated with this card, and the interest rate is reasonable for this type of card. In total, the cardholder can expect to pay from $39 to $69 in the first year.

The Orchard Bank Platinum MasterCard also offers common cardholder benefits such as purchase protection, lost and stolen card reporting, and no liability for unauthorized transactions.

Therefore, those who do not mind paying the average annual fee, would like the option to occasionally carry a balance, and plan to use the card to help build a positive credit history will benefit most from what the Orchard Bank Platinum MasterCard has to offer.