|
Issued by HSBC Bank Nevada, N.A. Categories: Regular
|
 |
Overall Rating
Benefit Rating
|
The Union Plus MasterCard®, issued by HSBC Bank Nevada, N.A., is designed for those with an average or limited credit history who are members of one of the AFL-CIO Unions (non-members are not eligible to apply for the card). The card, as the name suggests, is designed for members of an AFL-CIO Union. The benefits offered to union members are "Strike Payment Protection" (allows members to skip payments for up to three consecutive months while the union is on a union-sanctioned strike or lockout for 30 days or more) and "Member Advocacy Program" (designed to help members resolve disputes and handle concerns regarding any of the Union Privilege programs). The interest rate for purchases and balance transfers is reasonable for those who qualify, and there is no annual fee. There is a low introductory rate on purchases for the first six months, and a reasonable introductory rate is available for balance transfers, which is valid until the balance is paid in full (although lower introductory rates can be found with other standard credit cards). It is important to note that there is a minimum cap in effect on the interest rate for purchases and balance transfers. Therefore, no matter how low the Prime Rate falls, the APR will not go below the minimum cap. This rate varies between 9.99% and 18.99% and is based on the applicant's credit history. In addition to the unique member benefits, this card also provides additional cardholder benefits such as no liability for unauthorized transactions, fraud and security protection services, and up to $100,000 in travel accident insurance. Therefore, members of one of the AFL-CIO Unions (required to apply) who qualify for the lowest rate offered and plan to pay in full each month (to avoid finance charges) will benefit most from what the Union Plus MasterCard® has to offer.
Most Attractive Feature(s): Skip Payment Privileges; various union-related services and privileges; no annual fee.
Least Attractive Feature(s): Minimum APR cap for purchases; higher APR for less qualifying applicants.
Additional Perks
Various Internet account related services.
Skip Payment Privilege.
Strike Payment Protection.
No liability for unauthorized transactions.
Fraud and security protection services.
Union Member Advocacy program.
Eligibility for Union Plus Scholarship Program.
Up to $100,000 in travel accident insurance.
See website for additional benefits.
Rates & Fees
- Introductory Rate: 1.99% APR for 6 Months
- Introductory Rate Details: A 6.99% fixed APR is available on balance transfers for the life of the loan if a transfer is submitted during the first three months of cardmembership.
- Grace Period: 25 Days
- Applied Towards: Purchases
- APR (Purchases) %: 13.24
- APR (Cash Advances) %: 19.99
- Finance Configuration: Average Daily Balance (including new purchases)
- Annual Fee: $0
- Additional Cardholders: $0
- Application Fee:
- Minimum Credit Limit: n/a
- Maximum Credit Limit: n/a
- Late Payment Fee: $15 on balances up to $100; $25 on balances over $100 up to $1,000; $35 on balances over $1,000
- Over-The-Limit Fee: $39
- Cash Advance Fee: 3%, $5 minimum
- Balance Transfer Fee: 3%, $5 minimum (does not apply to introductory offer)
- Important Notations: This is a Union-endorsed credit card, and applicants must be a member of the one of the AFL-CIO Unions to be eligible to apply for the card.The APR for purchases varies according to the applicant's credit history and may range from 4.99% to 13.99% + Prime Rate. The minimum APR for purchases varies according to the applicant's credit history and may range from 9.99% to 18.99%.See website for complete terms and conditions of card usage and application disclosure.
* See the online credit card applications for details about Terms and Conditions of offer.
Note: The credit card information is believed to be accurate during the update. However, all information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions Statement that accompanies the credit card application. When you click on the " Apply " button you can review the credit card Terms and Conditions on the credit card issuer's web site.
 |
|
 |
- No Annual Fee for the First Year - $125 Thereafter
- Earn 10,000 Membership Rewards® Bonus Points After Your First Purchase with the Card - Redeemable for a $100 Gift Card
- No Pre-Set Spending Limit
- The Membership Rewards Program® - Earn 1 Membership Rewards® Point for Virtually Every Dollar You Spend. You can Redeem Points for Your Choice of Truly Exceptional Travel, Shopping, and Entertainment Rewards
- Gold Card Events - Exclusive Access to Tickets for Select Concerts, Shows, Major Sporting Events, and More in Cities Nationwide
- Global Assist® Plus Hotline and Many More Benefits Included
- Express Approval. Get a Decision in Less than 60 Seconds
|
|
| APR (Purch) % |
APR (Cach) % |
Annual Fee |
Intro APR |
| n/app |
Not Available |
$125** |
No Introductory Rate Available |
|
|
- No Annual Fee for the First Year - $95 Thereafter
- Earn 5,000 Membership Rewards® Bonus Points After Your First Purchase With the Card -- Redeemable for a $50 Gift Card
- The Membership Rewards® Program also Lets You Transfer Points to 11 Frequent Flyer Programs: 1 Point = 1 Frequent Flyer Mile or Frequent Guest Credit for Most Programs
- Purchase Protection Plan Protects Eligible Purchases Made with the Card Against Accidental Damage and Theft for up to 90 Days from the Date of Purchase
- Many Other Travel and Shopping Benefits
- No Pre-Set Spending Limit
- Express Approval. Get a Decision in Less than 60 Seconds
|
|
| APR (Purch) % |
APR (Cach) % |
Annual Fee |
Intro APR |
|
|
$95** |
No Introductory Rate Available |
|
|
Save This Page
