Secured Credit Card Question

[tjdutch]

I was looking into HSBC and Orchard Bank secured credit cards to rebuild my credit. I know that HSBC owns Orchard bank, If i get both, will these credit cards report as two cards or as one?

[chane]

Yea, they will report separately.

[tjdutch]

you are a wealth of knowledge chane, thanks for the help

[PublicSavingsBank]

Hi, tjdutch! At Public Savings Bank, we have a secured Visa credit card that will help you re-establish your credit history.

In fact, you can get up to two different cards and they'll report as two separate lines of credit as long as you get cards of different amounts. You can open a card with a credit line anywhere from $300-$2,000. For example, if you want two cards, you can open one with a credit line of $300 and another of $400 if you'd like.

However, if you'd like to get just one of our secured Visa's, you can of course do that as well.

We report to all three major credit bureaus at the end of each month, we don't check your credit upon application and as long as you can provide us with the correct information for the following, you'll be approved!

1. Be able to successfully verify your identity
2. Be able to successfully fund your security deposit with a minimum of $300
3. Be at least 21
4. Be able to show your ability to repay your debt each month

I hope this information helps.

Have a wonderful day, tjdutch!