Orchard Bank Secured Credit Card
Although the Orchard Bank Secured Credit Card is a good Secure Credit card for people with bad or no credit it’s not the best. before applying for the Orchard Bank Secured Credit Card you want to read fine print because there’s allot a fees that many people might not be aware of. There has been quite a few complaints on the Orchard Bank Secured Credit Card because of this. In comparison to most secure credit cards however the Orchard Bank Secured Credit Card is a pretty good card but if you were to compare it to the Public Savings Bank Classic Visa Card, it’s easy to see what secure credit card is better.
The Public Bank Classic Secured Visa Card Features
0% APR for 6 month’s no credit check, NO ANNUAL FEES, NO MONTHLY fees low minimum deposit plus 25 day grace period, and host of other features makes this card the best secured credit card on the market the features are listed below.
• 3-bureau credit reporting
• 0% APR for 6 months
• No annual or monthly fees
• Low $200 minimum deposit
• No credit check or credit inquiry
• No income or employment verification
• 25 day grace period
Some of the features listed above can be found Orchard Bank Secured Credit Card but i recommend reading the fine print before signing up with the Orchard Bank Secured Credit Card. High Fees with a secured credit don’t help people get on a road to good credit The demographic that needs a secure credit card are the following.
• Bankruptcy
• BAD CREDIT
• NO CREDIT
• DAMAGED or THIN CREDIT
• Students & immigrants
• People who need credit tradelines
• People looking to buy a home or car
• People looking to rent an apartment
• People who need a credit card for travel, hotel or car reservations
That being said a person shouldn’t have to worry about fees that might have known existed. The point of a secured credit card is to help a person build their credit and if the secured credit card is charging allot of fees it will be hard for any person to get back on their feet.
The Public Savings Bank Classic Visa Card is an FDIC insured bank located outside Philadelphia PA. Normal business hours are 9 -5 and in case of emergency or in the event people just want to check their accounts Customers also get:
• Free 24-hour online account access and bill payment
• Benefits include travel and car rental insurance
• Zero liability for fraud
• Free emergency card replacement
There are quite a few good options when it comes to obtaining a secured credit card but one has to ask him or herself is this secured credit card really worth it with all fees. The Public Savings Bank Classic Visa Card is my choice because the fees are low and there’s no annoying application process simply make your deposit wait for your card and begin rebuilding your credit history. The Orchard bank Secured Credit card is one of the better secured credit cards but i don’t think it’s the best thanks for reading.
