"Orchard Bank Mastercard"
Orchard Bank Secured MasterCard® Review
Written by: trey on 2006-03-29
Overall Satisfaction
Customer Service
Rewards
Account Management
Delivery Time
trey's review: 
I have had this card for more than 6 years. It has helped me rebuild my credit from the past mistakes I made. However, even though they have done periodic credit balance increases and reported to all 3 bureaus, they are still charging me a $79.00 annual fee (which when I applied and received the card was $0.00) and my interest rate is actually going up instead of down. I have no late or missed payments on my credit report and have never so much as been a day late with my payments to this company yet they refuse to decrease my interest rate to their advertised rate or remove the annual fee. Beware. You get sucked in by their approval.
I have had this card for more than 6 years. It has helped me rebuild my credit from the past mistakes I made. However, even though they have done periodic credit balance increases and reported to all 3 bureaus, they are still charging me a $79.00 annual fee (which when I applied and received the card was $0.00) and my interest rate is actually going up instead of down. I have no late or missed payments on my credit report and have never so much as been a day late with my payments to this company yet they refuse to decrease my interest rate to their advertised rate or remove the annual fee. Beware. You get sucked in by their approval.
1 Comment
Comment 1 by anonymous
None 
on 2006-10-15
People give you money and you charge them for using it just to get a better credit report?
on 2006-10-15 People give you money and you charge them for using it just to get a better credit report?
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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.
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.
