"It Started With Them!!"
Orchard Bank® Silver MasterCard® Review
Written by: steph on 2007-08-04
Overall Satisfaction
Customer Service
Rewards
Account Management
Delivery Time
steph's review: 
This was the first unsecured card that would approved me. At the time my score was 510. I had a mountain of debt, and they started me off with $200 and a $69 annual fee. If your trying to rebuild credit, this card works, don't go over the limit and don't pay late. My only complaint is The APR is high 24%, just pay your balances in full every month if you can. It works it just takes a little discipline, especially with such a low limit.
This was the first unsecured card that would approved me. At the time my score was 510. I had a mountain of debt, and they started me off with $200 and a $69 annual fee. If your trying to rebuild credit, this card works, don't go over the limit and don't pay late. My only complaint is The APR is high 24%, just pay your balances in full every month if you can. It works it just takes a little discipline, especially with such a low limit.
2 Comments
Comment 1 by meya
Re: Steph 
on 2007-08-05
How long have you had this card? My reason for asking is because I went into an APR rage today on all of my creditors. I spoke with an account manager and told here that I wanted to close this accouint because they never decreased my APR. Well guess what? She lowered it to 8.99% (from 23%)which is the floor price, she also stated, "I apologize, but you should have received a lower APR a long time ago Since we value your excellent account handling and do not want you to leave, I will put it into effect right now." Wahooo, three down, six more to go.
on 2007-08-05 How long have you had this card? My reason for asking is because I went into an APR rage today on all of my creditors. I spoke with an account manager and told here that I wanted to close this accouint because they never decreased my APR. Well guess what? She lowered it to 8.99% (from 23%)which is the floor price, she also stated, "I apologize, but you should have received a lower APR a long time ago Since we value your excellent account handling and do not want you to leave, I will put it into effect right now." Wahooo, three down, six more to go. Comment 2 by steph
Re:Meya on 2007-08-05
Meya,
I had this card for two years and before credit forums like this one, I never thought to dispute the APR's because I was so happy someone gave me a credit card. But after reading your review I think I should have a lower APR as well. The thing is I would always use like $50 on the card per month, and pay it off in full. After 6 months of doing that I started getting other offers with better APR's. My Orchard card is now a sockdrawer ornament for it served it's initial purpose. Thanks for the info Meya, I think I owe them a phone call just for the heck of it.
on 2007-08-05 Meya, I had this card for two years and before credit forums like this one, I never thought to dispute the APR's because I was so happy someone gave me a credit card. But after reading your review I think I should have a lower APR as well. The thing is I would always use like $50 on the card per month, and pay it off in full. After 6 months of doing that I started getting other offers with better APR's. My Orchard card is now a sockdrawer ornament for it served it's initial purpose. Thanks for the info Meya, I think I owe them a phone call just for the heck of it.
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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.
