"Orchard Bank"
Orchard Bank Classic MasterCards Review
Written by: tyatsko on 2011-08-09
Overall Satisfaction
Customer Service
Rewards
Account Management
Delivery Time
tyatsko's review: 
I was initally appproved with a low limit. After 9 months and never a late payment (also no late payments on my credit report for other accounts) and having only gone over 50% of my limit once, still am not eligable for a credit line increase. Otherwise no complaints.
I was initally appproved with a low limit. After 9 months and never a late payment (also no late payments on my credit report for other accounts) and having only gone over 50% of my limit once, still am not eligable for a credit line increase. Otherwise no complaints.
3 Comments
Comment 1 by majtykamadness
Re: Orchard Bank 
on 2011-08-09
Not sure your whole situation, but even though these cards can be great for establishing new or rebuilt credit for people, you want to get away from them as early as possible and whatever you do don't try to increase your limit because most importantly you will pay dearly with the outrageous APR and will never get anywhere. Try your local credit union for a credit card. Even if the initial CL limit is low, the APR will be probably half of Orchard bank and they will increase your CL as they see your making payments on time. GL
on 2011-08-09 Not sure your whole situation, but even though these cards can be great for establishing new or rebuilt credit for people, you want to get away from them as early as possible and whatever you do don't try to increase your limit because most importantly you will pay dearly with the outrageous APR and will never get anywhere. Try your local credit union for a credit card. Even if the initial CL limit is low, the APR will be probably half of Orchard bank and they will increase your CL as they see your making payments on time. GL
Comment 2 by wanderer
Re: Orchard Bank on 2011-08-09
This is standard procedure for the starter cards. Also, Household Bank and Premier Bank. HSBC is in the process of selling or closing down their credit cards so they are NOT doing much with any of their cards.
on 2011-08-09 This is standard procedure for the starter cards. Also, Household Bank and Premier Bank. HSBC is in the process of selling or closing down their credit cards so they are NOT doing much with any of their cards.
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Disclaimer: This content is not provided by Capital One Bank (USA), N.A.. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Capital One Bank (USA), N.A.. Review content is powered by Finance Globe.
