I applied for this card and received it in about a week. It's a legitimate card issued by a legitimate American bank (not Indian or Mexican as some previous ignorants posted). In fact, the issuer is the Bank Of Delaware.
As you can read from previous posts, the majority of people complaining about this card are fools who were denied, or couldn't keep a minimum balance in their checking accounts. If you can't keep at least $30 or $40 in your checking account for when the bill comes, then you don't even deserve to have a credit card at all. That is the hard truth. For others like myself who have somewhat bad credit, this card is a good way to rebuild your rating, because this card DOES report to all credit agencies.
The only thing is that the interest is very high so you should only plan to keep it for a year at most, paying each payment on time, and then you can cancel it and apply for a card at a different bank w/ lower interest. Other than that, this card is good.