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American DreamCard™ Platinum MasterCard® from HSBC Bank Nevada, N.A.


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Reward - Other Credit Card

American DreamCard™ Platinum MasterCard®

Overall Rating:



American DreamCard™ Platinum MasterCard®
Issued by: HSBC Bank Nevada, N.A.

Annual Fee: $0
Intro Rate: None
APR: 14.99%
Card Type Reward - Other


CREDIT CARD REVIEWS:


The American DreamCard™ Platinum MasterCard®, issued by HSBC Bank Nevada, N.A., is an ideal credit card for those with very good credit who are looking for an average platinum card with a monthly cash sweepstakes program.

Through the American DreamCard™ Sweepstakes program, one entry is awarded for each dollar spent in purchases, cash advances, and balance transfers. Cardholders also receive 1,000 bonus entries when they apply online. Each month, one winner will be selected for a cash prize of up to .50% of the total amount of net dollars spent by the participating American DreamCard™ cardholders during the corresponding drawing period, starting at $25,000.

The card also offers a referral program that rewards cardholders with 50 entries for each referral, plus a signing bonus of 1,000 entries for each referral who becomes a cardholder.

The card has no annual fee and a variable interest rate on all transactions. It is important to note that the APRs for all transactions are tied to the highest Prime Rate during a three-month period. Therefore, due to this policy, the lowest possible interest rates may never be reached.

Aside from the sweepstakes program, the card does not offer any common benefits that are associated with most platinum status credit cards.

Therefore, those who qualify for the lowest rate offered and will take advantage of the American DreamCard™ Sweepstakes will benefit most from what the American DreamCard™ Platinum MasterCard® has to offer.


Other Card Specific Information


Introductory Rate None
Var Fi x Purchase Variable
Annual Fee $0
Annual Details None
Application Fee n/app
Participation Fee n/app
Reload Fee n/app
Inactive Fee n/app
Total First Year Fees n/app
Type of Reward Point
Optional Reward No
Optional Annual Fee n/app
Rebate Minimum n/app
Rebate Maximum n/app
Additional Rebates n/app
Rebate Details n/app
Points Per Dollar Spent 1 Entry
Additional Points Cardholders may have the opportunity to earn bonus entries in select months during the promotional period.
Point Details Entries earned on qualified purchases, cash advances, and balance transfers. Each entry is automatically submitted into a monthly sweepstakes drawing for a cash prize.
MilesPerDollarSpent n/app
AdditionalMiles n/app
MileDetails n/app
Miles Compatible With n/app
Expiration The sweepstakes ends and all entries expire on September 30, 2009.
Yearly Limit None (1,000 points/entries per transaction.)
Additional Perks Access to AccountCentral®, the online account servicing platform (earn 100 entries for enrolling).
Access to online payment of the American DreamCard™ bill (earn 100 entries each time the bill is paid online).
Access to Account Protection Plus(SM) for an additional fee.
Access to the Account Benefit Plan(SM) for an additional fee.
See website for additional benefits.
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