The Orchard Bank MasterCard® Secured, issued by HSBC Bank Nevada, N.A., is designed for those with a limited or poor credit history.

The major benefit of this card is the reasonable annual fee of $35, which is waived for the first year. The variable APR for purchases is average for a secured card.

Unlike most secured credit cards, this card provides additional services and benefits including online account access, emergency card replacement, and various fraud protection services.

As with most secured credit cards, there are no additional perks, benefits, or introductory rates provided to the cardholder, as the card is solely designed to help the cardholder establish credit. However, cardholders will benefit from the fact that, with this card, unlike most secured cards, the deposit amount earns interest annually. In addition, this card reports to all three major credit bureaus.

Therefore, those who may occasionally carry a balance and will take advantage of the various services will benefit most from what the Orchard Bank MasterCard® Secured has to offer.