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Related Card Offer: First Option MasterCard® APR: 19.50% Intro APR: None Annual Fee: $59 Apply Now

Orchard Bank Secured MasterCard®

APR's:
There is not an introductory APR for this card, so the lowest or standard rate of 7.90% will apply immediately. The lowest available APR is variable, meaning that the rate can change as U.S. prime rates fluctuate. You can find out how to compute your APR in the programs terms and conditions. For example, you may be instructed to add 5.4% to the U.S. prime rate.

Rewards:
This is not a rewards card. However, depending on your intended use, the low rate of 7.90% may be considered as a higher importance than rewards. Another consideration is that this offer does not have an annual fee.

Credit Record Needed:
Based on the FICO score recommendation, the issuer may expect applicants with troublesome credit histories. The recommendation made by the card issuer is broad, currently between 500-699.

Other Basics:
The grace period listed for the Orchard Bank Secured MasterCard® is at least 25 days. So interest charges will not be applied during those days.

This card is intended for people that want a secure line of credit. Uses for this type of card may include budgeting funds, adding deposits for later use, building a credit rating (if issuer reports to the credit bureaus), and possibly more. A secured credit line may be compared, or is similar to a debit card.

This card contains the brand of MasterCard, where acceptance is global. Most businesses that accept credit cards will accept MasterCard as a form of payment.

Approval Rate:
There have been no approvals in our internal system that we can calculate for this card. This could be due to lack of time that this card has been listed at Finance Globe or from other various factors. As we gain more information about the approval rates, we will update them here. If you believe that you fall into the credit record of "Poor Credit" then you will have a better chance for approval. Furthermore, if your FICO score is close to or higher than 500, then your chance of approval may be greater than other applicants.

Approval Time:
Great news for applicants that do not want to wait on a application status. This card offer may give instant approval decisions. Remember, this may not be true in all cases, where application information may not be complete, questionable or for other reasons. When applying on-line, the system will normally show your approval status shortly after submitting your application. Credit cards normally take 1 or 2 weeks to arrive after your application is approved.

Offer Details:

• Perfect for establishing or rebuilding credit in your name
  
• Acceptance at millions of locations worldwide, including website purchases and reservations
  
• Your account information is updated and at your fingertips 24/7 so you can manage it your way

It's fast and easy to compare card offers by the criteria you require. That way you get the best card for your needs.   Search Options:  Secured credit card database All credit cards

**  APR average does not include cards where APR is 0%, unless viewing offers in the secured card category. "Annual fee average" contains the average of all fees in a specific category (Secured cards), even where the fee is $0. This data is subject to Finance Globe's terms and conditions.

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