Details of the Orchard Bank Platinum MasterCard Application are fairly simple. This is a nice card issued by HSBC Bank Nevada, N.A. which is designed for people with an average or limited credit history that want to get a credit card account without using a deposit (which is often required of a secured card). If this applies to you, then you might benefit from the Orchard Bank Platinum MasterCard.

If you make your payments on time and keep in good standing, this card can help you build credit if you have little or no credit at this time. There are, however, some fees to take into consideration when applying for this card. There is an annual fee which is dependant on your credit history and it varies from $39 to $69. The interest rates are low when compared to other cards of this type.

There are also common benefits such as purchase protection, lost and stolen card reporting, and no liability for unauthorized transactions. The card does report to credit bureaus so it is a good option if you are looking to establish credit. As long as you dont mind paying the annual fee, this is a nice card option.

APR on purchases is 11.15% variable and APR for cash advances is 24.40% variable. Finance charges are based on the average daily balance and there is a 25 day grace period. There is no minimum or maximum credit limit and late payment fees are $30 on balances up to $1,000; $35 on balances over $1,000. Over limit fees are $30. Cash advance fees are either $5 or 5%.

Some additional features of the Orchard Bank Platinum MasterCard are that is has various internet account services and options for you. You can track your accounts and spending easily online. There is purchase protection, emergency card replacement, emergency cash replacement, easy to use lost and stolen card reporting and no liability for unauthorized transactions so you can feel safe while using it as well.