Orchard Credit Card

Rebuild Your Credit With An Orchard Credit Card

admin — Fri, 22 Jul 2011 14:13:20 +0000

If your credit history is in shambles and you are looking for ways to rebuild your credit again, then an Orchard credit card is an excellent choice. Although there are many credit cards available for the individuals who have bad credit score, not all of them are good choices. This credit card is issued by HSBC bank and offers a decent interest rate, periodic credit limit adjustments and low start up fees. The main benefit of this card is that all the three credit bureaus would receive reports on your management and spending habits. This is done monthly and helps your poor credit to improve. Furthermore, as this card has master card logo, it is accepted worldwide and one can use this card to make car rental or hotel reservations or purchase online.

Secured Orchard Credit Card

One of the Orchard credit card options is a secured card which means that you need to deposit money in the card account in order to use it unlike any other unsecured credit card which offer credit limit. This predetermined amount is deposited in a special account and it becomes the credit line that is available for spending. As the balance decreases, you can add additional funds, keeping to the limit that is set forth by Orchard Bank’s terms and conditions. Once you handle your account responsibly, Orchard Bank will offer you one of its unsecured Orchard credit cards.

Besides getting excellent customer service, you can access your Orchard credit card account online 24/7 for better account management. You will be regularly notified about due payments through email or text messages. This is very helpful in making sure that you are not late in making payments, thus helping you build your credit score. The annual percentage rate ranges from 7.90% to 19.90%, basing on your credit score. If you are trying to spend more than the allowed payments, the default APR would be as high as 29.49%.There are three types of Orchard credit cards which offer different benefits and you can choose the Orchard Credit card for you according to your needs.

Empower Yourself with an Orchard Credit Card

admin — Thu, 21 Jul 2011 16:34:56 +0000

The launch of the Orchard credit card is attributed to HSBC Bank, Nevada, which is easily one of the most well-known financial and banking institutions throughout the globe. In fact, the global network of HSBC spans across 100 nations, serving well over 100 million customers globally.

One of the reasons why the Orchard credit card has become so popular in the country is its strong appeal to those who have a dubious credit rating. Orchard credit cards provide high-end facilities which include but are not limited to: Free internet bill payment; no liability on unauthorized charges; and Master RoadAssist Roadside Service, among several others.

Orchard Credit Card Options

Orchard bank provides its customers with four types of credit cards. Three out of these four card types are unsecured while one is secured. Customers can apply on the web or via phone after which, they will be recommended with a specific credit card. The bank is very unambiguous with regard to application criteria, and assumes total control throughout the process.
The good thing is that nearly everyone gets approved. In addition, Orchard bank carefully selects a card based on your credit report that so as to address your specific needs. It also offers significant benefits that can be availed on a regular basis like Master RoadAssist Roadside Service and MasterRental Insurance Coverage.

The yearly fee for the unsecured Orchard credit card type ranges between $0 and $74 for the initial year, and then goes up to $35-$79 per annum. Here again, the fee would depend upon your credit rating. Thankfully, Orchard reports your monthly bill payment to the country’s three key credit bureaus. This means that your credit score could improve drastically if you keep on paying your bills regularly. Furthermore, the Orchard credit card also features a text messaging service that keeps you updated about your ongoing expenditures just in case you are going overboard. That is just one of the many benefits of an Orchard Credit Card.

Benefits of an Orchard Credit Card

admin — Thu, 21 Jul 2011 16:30:58 +0000

The Orchard credit card is offered by Orchard bank, which continued to be one of the biggest banks in Asia and Pacific until it was taken over by HSBC. Owing to the diverse needs of customers spread across different regions, Orchard bank offers four different types of cards. Of these four, three are unsecured while one is secured. Accessibility and credit limit are the two key features of the Orchard credit card line which sets them apart from other cards available in the market.

Secured Orchard Credit Card Benefits

A secured Orchard credit card is beneficial for people with bad credit history. Wondering how? For every full charge made, Orchard credit card aims at improving card holder’s credit worthiness. However an initial deposit needs to be made with the bank for obtaining a card. The annual percentage rate, also referred to as APR is close to 15.9%.

Orchard now functions on the guidelines of HSBC. This is perhaps the reason behind its exceptional customer service quality. In fact quality of service rendered depends upon the credit worthiness of the individual and his rating. However the only negative side of these cards is the interest rate charged by it. In most cases these rates vary depending upon individual’s credit score. So, never ever delay your payments.

Accessibility is another major advantage associated with this card. You can use this card for almost all kinds of payments made since it is accepted in all places where master card is accepted. To keep its card holders updated, Orchard offers a text message service. Besides keeping the card user informed, this service helps keep a check on all the expenses and thus prevents situations of exceeding credit limit unwittingly. An Orchard credit card builds and re-establishes an individual’s credit limit. It is for this reason, an Orchard credit card is a boon for people with a bad credit history while being a great convenience for others.