Carver Federal Savings Bank is marketing its first MasterCard and Visa products to its 47,000 customers.

The Carver BankCard comes with a 6.95% rate for six months, and no annual fee for one year.

People who qualify for standard cards get credit lines up to $4,000 at the prime interest rate plus 4.5%. Gold cardholders receive credit lines up to $10,000 and pay 4% over prime.

People who don't qualify for credit can apply for a secured card with a $4,000 spending limit.

After the introductory rate expires, each card will have a variable rate, ranging from 8.5% to 19.8%.

The $363 million-asset Carver is also offering MasterCard and Visa business cards at a 12% rate.

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