- Over $1.2 Million Awarded to Date!
- Large Monthly Cash Jackpots!
- Earn Entries From Everyday Shopping!
- Get 1,000 Entries Just for Applying!
- A New Cash Winner Every Month
Introductory APR Info
Regular APR
Annual Fee
N/A
14.99% V or 21.99% V on Purchases
$0, 39, 59
Card Review
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.
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 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.
Additional Card Details
Overall Rating
5 Stars
Benefit Rating
5 Stars
Issuer
HSBC Bank Nevada, N.A.
Card Type
MasterCard
Card Status
Platinum
Important Notations
The Grace Period is at least 23 days (new purchases) provided previous balance paid in full.
**APR's are assigned based on creditworthiness:14.99%V or 21.99%V.
The American DreamCard™ MasterCard® is issued by HSBC Bank Nevada, N.A.
See website for additional APR information.
*See website for terms and conditions of card usage and application disclosure.
Grace Period
n/app
Minimum Limit
n/app
Maximum Limit
n/app
Minimum Deposit
n/app
Over Limit Fee
Over the Credit Limit Fee: $39
Cash Advance Fee
$5 for each cash advance of $100 or less from any ATM. For all other cash advance transactions, $15 or 4%, whichever is higher.
Balance Transfer Fee
n/app
Application Fee
n/app
Rebate Minimum
n/app
Rebate Maximum
n/app
Additional Rebates
n/app
Mile Details
n/app
Miles Per Dollar Spent
n/app
Additional Miles
n/app
Miles Work with FF Program
n/app
Points Per Dollar Spent
1 Entry*
Point Details
*Up to 1,000 entries per transaction.
Entries earned on qualified purchases, cash advances, and balance transfers. Each entry is automatically submitted into a monthly sweepstakes drawing for a cash prize.
Additional Points
Cardholders may have the opportunity to earn bonus entries in select months during the promotional period. See Official Sweepstakes rules for details.
Approval Bonus
1,000 Entries**
First Purchase Bonus
None
Balance Transfer Bonus
None
Other Bonus
1,000 Entries***
Bonus Details
**1,000 entries awarded for submitting a completed application. An additional 1,000 entries may be earned for each referral you provide that subsequently is approved for the American DreamCard(TM) MasterCard (50 entries earned for each referral).
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*).
See website for additional benefits.