2007-02-07 06:37:49 · 9 answers · asked by Fruitful1 3 in Business & Finance ➔ Credit
orchard bank credit card.
Completely horrible.
I looked them up online prior to applying for them and thank GOD I did.
take a peek at all of the other complaints
on line and if these are posted, imagine how many other people feel this way but just have not bothered to comment!
Please try calling bank of america.
1888 801 3723, I have marginal credit and my past includes a DEFAULTED student loan
Bank of America gave me 5k zero interest balance transfers (I applied over the phone and got approved in three days)
go to www.theripoffreport.com and see the other people that complained about orchard bank
Most of the complaints are recent. You will feel better adding your complaint to that list too.
The posts there seem to have staying power and hopefully an attorney that is looking for some class action suit action will get you all together for some big fun.
GOOD LUCK
2007-02-07 08:33:25 · answer #1 · answered by lisa s 6 · 3⤊ 0⤋
I am also involved with Orchad Bank as well as Household Bank which are now same companies. I got 2 credit cards with limit of $300 and I was not careful reading agreement so I paid $69 annually fee for each. Now in a month will be a year of using them and I paid all bills on time and I didn't have increase on my credit limit. So I'm strongly considering to cancell both cards before I pay again annually fee of $130. Basically, I wouldn't recommend to anyone.
2007-02-07 07:23:04 · answer #2 · answered by nenadradu 1 · 1⤊ 0⤋
Orchard Bank credit cards are among the most popular cards available to people with less than perfect credit history. Rival credit products, such as those issued by New Millennium Bank or First Bank of Delaware, typically require deposits (secured cards) or charge much higher interest rates by comparison (+19% compared to the average Orchard rate of 8.9%); as a result, the credit cards from Orchard Bank are incredibly popular – on my website at least. :)
Some people write in to complain about their experiences with Orchard, but after examining their accounts of whatever happened I find that they either made a poor decision (one lady let her son take her card to California and they cancelled it) or they didn’t address their issue to the correct department within the company (one woman repeatedly called the new card department with a question about fraud and would hang up when they tried to transfer her.) In most cases keeping a level head and being patient with a credit card company is the best solution – remember, they have a vested interest in keeping you happy so they can keep your business!
2007-02-07 08:33:09 · answer #3 · answered by kimberly_carte 1 · 1⤊ 2⤋
I had Orchard Bank when my credit was crap.
They were honest about their fees, my limit increased periodically, they reported to all 3 credit agencies monthly, and their customer service was very helpful.
When my credit got back to good standing, and I had other credit cards (0% interest and 0% interest on balance transfers), I asked them to lower my interest rate and they said no. I transferred my entire balance to a new card and cut both of them up.
2007-02-07 08:02:39 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Eh... I have had one of their cards for a few years. I do think they suck as far as granting credit limit increases. I have paid on time every month and in full and have not missed a single payment. I am still at the same credit limit I was when I got the card 2 years ago. The card sits mainly unused in my wallet. Only reason why its not cancelled it because its helping my credit.
2007-02-07 06:42:35 · answer #5 · answered by mbgy2110 2 · 1⤊ 0⤋
If you have bad credit, then you are stuck to applying for subprime credit cards. Of all the subprime credit cards available, orchard bank has the most reasonable fees and rates. Presently, their lowest APR is 8.90% (and that is low regardless of whether you have good credit or bad credit).
Most other subprime issuers like first premier, compucredit have high annual fees (think over one hundred dollars), high one-time applicationa and processing fees, and even monthly maintenance fees to top it up. APR for most subprime cards is about 19%.
Hence, I would say that the Orchard Bank Mastercard has the most reasonable fees among all other subprime cards. Furthermore, they have now owned by HSBC Bank, one of the largest and most reputable bank in the world.
2007-02-07 09:09:33 · answer #6 · answered by Anonymous · 1⤊ 4⤋
Hi, just wanted to mention, I liked this discussion. very inspiring replies
2016-08-23 17:21:13 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I love my OrchardBank card. I dont think it sucks. I had a charge on card that wasnt authorized and they took it off right away (24hour) They are always lookin out for the people.
2007-02-07 07:25:31 · answer #8 · answered by **What??** 4 · 1⤊ 5⤋
That's not wrong
2016-07-28 08:22:28 · answer #9 · answered by Loyce 3 · 0⤊ 0⤋