The Orchard Bank Gold MasterCard is designed for the average person who has an average or limited credit history. Card holders like this card because it does not require a deposit to secure the credit card account. A deposit is required when opening many other secured credit cards.

The Orchard Bank Gold MasterCard, which is issued through HSBC Bank Nevada, N.A., has an annual fee of $79. Although this may seem like a lot, it is actually average for this type of card. The card's variable APR of 15.90% is quite reasonable, but can be costly for anyone carrying a balance from month to month. The variable APR on cash advances, however, jumps significantly to 24.40%! There are, of course, finance charges for any purchases that are not paid for within the first 25 days, and there are charges for other services like cash advances. Fees are also charged when you go over your credit limit. There is no minimum or maximum credit limits on the Orchard Bank Gold MasterCard.

Another fee that is associated with this card is an application fee of $19. That means anyone who applies and receives the Orchard Bank Gold MasterCard can expect to pay $98 in various fees in the first 12 months.

There are some nice benefits associated with this MasterCard, too. There are no charges if you'd like to add an additional card to your account. You will get many common cardholder benefits like emergency card and cash replacement, lost and stolen card reporting, and the cardholder is not liable for unauthorized transactions on the card. This card also reports to the credit bureaus, so you can build a better credit history if you use your Orchard Bank Gold MasterCard wisely and make your payments on time.

So, the Orchard Bank Gold MasterCard has a reasonable APR and gives many with average credit an opportunity to build a solid credit history. Although it does charge a hefty annual fee, it may be a good card to look into.