phumanr wrote:
Yes, they did and I almost wanted to cancel the card right then and there! But, I am careful, because I don't want anything to mess up my scores right now,
Phumanr
I've always found Orchard hard to deal with. I was originally given a $300 CL on a Silver CC at 14.99%APR. Then I was ratejacked to 29.99% because they invoked the "universal default" rule on me. Over the next 14 mos, I was denied twice for CLI and finally had to pay for $100 just like you. Later, they upgraded me to Gold, but left the same APR and CL in place. Card looks nice, but did not help.
Then I used the preapproval screen at HSBC, not Orchard, and was preapproved for an HSBC Platinum card, but when I applied, I got denied on the bogus "you can only have one card" rule. I then went to the corporate office and presented my case along with a hard copy of their own terms and conditions and threatened to close my Orchard account and file a lawsuit. (You can't sue with open account because of arbitration clause in fine print)
After about a week, they decided to give me the Platinum card and close the Orchard card, transferring my balance over to the new HSBC card with 14.99% APR. And as a reward, they gave me a free $100 CLI. So now I am at $500, after 18 mos with no missed or late payments and almost always paying more than minimum and sometimes PIF. Yipee!
I don't know whether to keep it or close it out since all of my other cards (with one exception and I am for sure closing it) have CLs starting at $1000 and going up to $2500 each. Oh yeah, I still have an annual fee (the only one), but it dropped from $69 to $39 per year. Am I supposed to be impressed?