The Orchard Bank Classic 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.

Although the card can help those with a limited credit history, it does have several costly factors that should be considered before applying.

The interest rate is average for this type of card. The annual fee and the application fee are both $49, which, in both cases, is about average for this type of credit card. In total, the cardholder can expect to pay $98 in the first year. In addition, cardholders can take advantage of a 0% introductory rate for purchases for six months.

This card also offers common cardholder benefits such as emergency card replacement, lost and stolen card reporting, and no liability for unauthorized transactions.

Therefore, those who may occasionally carry a balance and do not mind paying the additional fees will benefit most from what the Orchard Bank Classic MasterCard® has to offer.