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The Union Plus Master Card is issued by HSBC Bank Nevada, N.A. and is
specifically designed for cardholders with an average or limited credit who are
members of one of the AFL-CIO Unions. Non-union members are not eligible to
apply for this card. Because this card is designed for union members, it carries
some union-specific benefits. One of these is strike payment protection that
allows members to skip payments for up to three consecutive months during a
union sanctioned strike or lockout that lasts thirty days or longer. There are
also member advocacy programs that help members resolve disputes and handle
concerns that are related to any of the union privilege programs.
The Union Plus Master Card has no annual fee and has an introductory rate of 8.99% variable on
balance transfers and is good until the loans are paid when submitted during the
first three months of membership. There is a fixed rate of 19.99% on cash
advances, and a minimum on purchases that is based on the cardholder's credit
history. This amount can range from 9.99% up to 18.99%. The card is assessed a
3% cash advance fee with a $5 minimum. The balance transfer fee is also 3% with
a $5 minimum but does not apply during for balance transfers during the
introductory period.
Those who will benefit the most from the Union Plus Master
Card are the
union members who qualify for the lowest rate offered and who are able to pay
the balance in full each month. In addition, those with very good credit will be
considered for the gold and platinum credit cards, which offer additional benefits and
may offer a lower interest rate as well.
Some of the benefits you can expect to receive with the Union Plus Master
Card
include the following:
• Online access to account information
• Skip payment options
• Strike payment protection
• No liability to cardholder for unauthorized transactions
• Fraud protection services
• Union member advocacy program
• Eligibility for the Union Plus Scholarship Program
• Travel accident insurance up to $100,000
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