Folks with little or no credit should get a secured card, which this card is not. But what I like about this card is that for those with far less than "good credit" it is one notch above a secured card. They can get this card but not have to deal with secured card issues. This card still reports to the three credit bureaus to help build credit history, which constitutes about 33% of the credit score. Downside: annual fee of $39 or $59 the first year, or $0 - $49 Introductory the first year, then either $35 or $59 per year thereafter depending on the type of card you qualify for and you also have to pay a one-time processing fee of anywhere from $0 to $59. The APR is moderate to high based on credit worthiness.
Orchard Bank Classic MasterCards® - Beach details
Balance Transfer Intro APR:
Balance Transfer Intro Period:
14.99% - 24.99% Variable
$35 - $59
$39 or $59 the first year, or $0 - $49 Introductory the first year, then either $35 or $59 per year thereafter