I have did some studies online this year on credit cards that will help people in need of rebuilding there credit history again.
Orchard Bank Visa Card has such a card that may help many of you get that extra start for the New Year 2012. Orchard bank offers these credit cards listed below.
CARD TYPE INTRODUCTORY APR VARIABLE PURCHASE APR PROCESSING FEE ANNUAL FEE
Platinum n/a 14.90% – 19.90% $0 $19-$59
Gold n/a 19.90% $19 Introductory $49 the first year
$59 per year thereafter
Standard n/a 19.90% $39 Introductory $29 the first year
$59 per year thereafter
Secured n/a 7.90% $0 Processing Fee
($200 minimum security
deposit required) Introductory $0 first year,
$35 per year thereafter deposit required
^ All rates are accurate as of 10/14/2011. Variable APRs will vary with the market based on the Prime Rate.
Rates and Fees Specific to Unsecured Credit Cards:
*The variable Purchase APR is currently between 14.90% and 19.90%, based on your creditworthiness. The variable Balance Transfer APR is between 14.90% and 19.90%, based on your creditworthiness, and applies to balance transfers and credit card checks, if available, unless otherwise disclosed. An Annual Fee between $19 and $59 will apply, unless you receive an Introductory Annual Fee for the first year of $29 or $49, then $59 per year thereafter. A Processing Fee between $0 and $39 will apply, based on your creditworthiness.
Rates and Fees Specific to Secured Credit Cards:
The variable Purchase APR is 7.90%. The variable Balance Transfer APR is 7.90% and applies to balance transfers and credit card checks, if available, unless otherwise disclosed. An Introductory Annual Fee of $0 will apply the first year and $35 per year thereafter. The Processing Fee is $0. Minimum $200 security deposit required. Any credit extended under the secured credit card is secured by a deposit account with HSBC Bank USA, N.A.
Rates and Fees for All Unsecured and Secured Credit Cards:
The variable Cash APR is 20.90%. The variable Penalty APR is 29.49%. Your APRs may increase to the Penalty APR if you fail to make a minimum payment to us when due. A Balance Transfer Fee of 5% ($5 minimum) will apply to balance transfers, if available, including credit card checks. A 5% ($5 minimum) Cash Advance Fee will apply to cash advances. The Minimum Interest Charge is $1. The Foreign Transaction Fee is 3% of the U.S. dollar amount on transactions made in a foreign currency.
This credit card is issued by HSBC Bank Nevada, N.A. and is serviced by its affiliate HSBC Card Services Inc.
Visa is a registered trademark of Visa International Service Association.
HSBC Bank Nevada, N.A. is committed to safeguarding your privacy online. If you would like more details, please visit our Privacy and Security Information at Orchard Bank website for more information on obtaining your new card for the New Year of 2012
HSBC Card Services, Inc.
1441 Schilling Place
Salinas, CA 93912