I posted HSBC Weekend Card 2 months ago, and it seems that it brought a lot of troubles to our FWers.
Sorry to the FWers who are still fighting with HSBC.

However, here is another good deal from HSBC. Because it is straight 2% Cash Back, I hope it is fine this time.

I received an e-mail from Orchard to offer a 2% Cash Back MasterCard.
This card is different from the card which was well discussed in this forum and offer extreme low credit limit.

I remember the old 2% card does not have rewards cap, but this one has a $400 limit annually.

Follow this link to apply the card
http://ebusiness.householdaccount.com/277898371.652068.0.41114

Follow the link in the middle of that page to read the details about their cards.
After filling up the pre-application, you may be offered one of their three cards.

Five in my family applied the card, here is the result:
1. Offered card without annual fee, Instant Approved, $2000
2. Offered card without annual fee, Deferred, Approved, $2000
3. Offered card without annual fee, Denied
4. Offered card with annual fee, did not apply
5. Offered card with annual fee, did not apply

Although the approved CLs are not high, $2000 is an acceptable number.

Credit status for each person, everyone has good history
1. Carry $30K balance, no HSBC card, most recent credit applied in 09/2006 (2 CC).
2. Carry $25K balance, no HSBC card, most recent credit applied in 03/2007 (1 CC & $22K car loan)
3. Carry $20K balance, HSBC Cash Back, most recent credit applied in 04/2007(2 CC & $24K car loan)
4. Carry $4K balance, got approved HSBC Weekend & Chase Freedom Visa Signature in 04/2007.
5. Low balance, just done the first AOR with approved HSBC Weekend two week ago.

Good luck to the FWers who are interested in this card.

Does this result in a hard or soft pull?

Offered a card with a $40 annual fee...probably not worth it for me right now.

ooops, Offer me this one...

The Orchard Bank Premium Platinum MasterCard, issued by HSBC, offers great everyday pricing and:

2% Cash Back on credit card purchases - up to $400 annually!
0% Introductory APR on Purchases and Balance Transfers for 6 months
$0 Annual Fee
Premium Platinum MasterCard benefits
24/7 online account management tools
$0 Fraud Liability

_____________

finally approved (one soft pull and one hard pull shows on my experian report half an hour after approved)
thank you minggang
but,...

credit limit is only $300 (faint, my cl of other bank upto $10k)

Another plus I saw to this card that hasn't been mentioned is that this card has a 1% ForEx fee. If their exchange rate is good, I think this is a huge plus as well.

I got this card a few months ago and consolidated my other low credit limit HSBC card into this account. This consolidation doubled the credit line (still too low by my reckoning) but resulted in a hard pull.

yeastbeast

Offered the good non-secured, no fee, 6 month 0% APR and then denied. Dirty bastards. I did an APR in March, so I had $80,000 in debt so it was mostly just stupid on my part.

Did anybody figure out if you could just keep doing the first step as bumpage?

mattun said:Offered the good non-secured, no fee, 6 month 0% APR and then denied. Dirty bastards. I did an APR in March, so I had $80,000 in debt so it was mostly just stupid on my part.

Did anybody figure out if you could just keep doing the first step as bumpage?

Useless soft-pulling; they pull experian

Crap, got offered:

The Orchard Bank Premium Platinum MasterCard, issued by HSBC, is a great way to build credit and comes with:

2% Cash Back earnings on credit card purchases - up to $400 annually!
Premium Platinum MasterCard benefits
A choice of payment due dates
Periodic credit line increase reviews
Complimentary online account management
No processing fee and a low $39 annual fee


The Orchard Bank Premium Secured MasterCard, issued by HSBC, is a great way to build credit and comes with:

2% Cash Back earnings on credit card purchases - up to $400 annually!
Requires a minimum $200 deposit to secure your credit line
Earns you interest on your deposit
Reports your good credit behavior to 3 major credit bureaus
Comes recommended by financial advisors
Has no processing fee and a low $35 annual fee


But no annual-free card.

Here is the whole e-mail below the link of the card application. I do not know if D246 at the bottom of this message is the offer code or not.

***************************************************************************************************************************

♦ You will receive 2% earnings redeemable for cash (with a maximum of $400 annually) on new net retail purchases charged to this credit card. Cash redemptions can be claimed in increments of $25 USD only. Upon approval, you will receive the Rewards Terms and Conditions.

Rates accurate as of May 17, 2007. Offer subject to credit approval. You may qualify for the 0% Introductory APR on purchases and balance transfers upon your creditworthiness. The Introductory APR does not apply to cash advances. After the Introductory period ends, or if during the Introductory period a Minimum Payment is past due or your account exceeds the credit limit, the Introductory APR will increase to the variable Customary APR for purchases which will be between 14.9% and 15.99% depending on your creditworthiness. The variable Cash APR for cash advances, including credit card checks is 25.15%. The variable Default APR is 30.49%. A cash advance fee of 5% ($10 minimum) will apply to cash advances and balance transfers, unless otherwise disclosed. The minimum finance charge is $2. The annual fee will be between $0 and $79. The foreign transaction fee is 1% of the U.S. dollar amount on transactions made in a foreign currency. We apply payments to lower APR balances before higher APR balances.

Rush Processing is not available on all cards. If you select Rush Processing, a fee will apply.

Please note that we have the right to change your APRs, fees, and other terms at any time for any reason in accordance with the Cardmember Agreement and applicable law. See disclosures within the online application process.

Legal
The Orchard Bank MasterCard is issued by HSBC Bank Nevada, N.A. and is serviced by HSBC Card Services, Inc. and/or HSBC Card Services (II), Inc.

It is our goal to provide you with the MasterCard that best fits your credit rating and you may be offered a Secured MasterCard. The Terms and Conditions will be disclosed to you before your application is processed.

About This Message
This email was sent to: XXXXXXXX@GMAIL.COM. If you do not wish to receive future emails about credit card products available from Orchard Bank, please click here to unsubscribe.

Privacy/Security
HSBC Bank Nevada, N.A. is committed to safeguarding your privacy online. If you would like more details, please visit Orchard Bank's Privacy and Security Information at orchardbank.com.

Orchard Bank Correspondence
1441 Schilling Place
Salinas, CA 93912

Copyright 2007 HSBC Card Services, Inc.

D246(cell_11_stepup)