Reply
New Member
rrec33
Posts: 3
Registered: ‎03-23-2011

Orchard Bank/HSBC

Hello Credit Friends,

 

Is there something special about being accepted for an Orchard/HSBC Credit Card & has anyone experienced problems with this creditor?

 

I personally found over $100.00 applied to my card & disputed the charge; Orchard credited my card for the disputed amount, but re-applied it to my card shortly after.

 

I spent hours on the phone with Orchard, speaking to agents who I didn’t understand, and after being put on hold over & over I had to put it to the side.... the situation was never resolved.

Valued Contributor
Mustanglvr2006
Posts: 1,971
Registered: ‎02-06-2011

Re: Orchard Bank/HSBC


rrec33 wrote:

Hello Credit Friends,

 

Is there something special about being accepted for an Orchard/HSBC Credit Card



The only thing special about being accepted for these cards is if you have very bad credit and no one else will give you a CC, HSBC and especially Orchard with their ridiculous FEES.

 

I have an HSBC CC I opened when I was rebuilding (soon to be closed) but thank goodness I never apped for an Orchard.


Starting Score: 583
Current Score: 3-03-12-EQ-802 TU-806 EX-798 (EQ Beacon 9: 804 Lender Pull 3-08-12) All FICO's
Goal Score: 800+ across all three

Take the FICO Fitness Challenge


Established Member
Maverick79
Posts: 21
Registered: ‎03-05-2011

Re: Orchard Bank/HSBC

I've never had any issues with Orchard, Have two cards with them...one from 2005 and one from 2007, both with $1000 limit and they both started at $300 but one is a 2% cash back. I think they are very good re-builder cards, I got regular CLI every six months or so until this year. They were only $200 at a time but it helped rebuild my credit and since I've been able to get Cap1 VentureOne and just the other day Discover with $4000 and $2000 CL. Their customer service is OK if you get get someone here in the states which depends on what time you call.


Starting Score: EX (Plus) 727, TU 678, EQ 696
Current Score: EX (Plus) 740, TU 707, EQ 702
Goal Score: 720+


Take the FICO Fitness Challenge
Established Contributor
gbishere
Posts: 736
Registered: ‎07-07-2010

Re: Orchard Bank/HSBC

Sorry to all those that were unfortunate to get an AF, but my 400 dollar best buy card only sticks around because there is no AF and they have given me one CLI so far. Its not costing me anything to keep it around, so why not?

__________________________
01/11/2011: FICO:TU: 746
12/14/2010: FICO:EQ: 744
08/12/2011: FICO:EXP: 766
Regular Contributor
Iincognito
Posts: 181
Registered: ‎04-21-2010

Re: Orchard Bank/HSBC


Maverick79 wrote:

I've never had any issues with Orchard, Have two cards with them...one from 2005 and one from 2007, both with $1000 limit and they both started at $300 but one is a 2% cash back. I think they are very good re-builder cards, I got regular CLI every six months or so until this year. They were only $200 at a time but it helped rebuild my credit and since I've been able to get Cap1 VentureOne and just the other day Discover with $4000 and $2000 CL. Their customer service is OK if you get get someone here in the states which depends on what time you call.


I agree -- The Orchard credit cards a good at rebuilding credit, however they will not grow with you as your score get better. The only reason I am hanging on to my old Orchard cards (both opened in 2007) is because neither one has an AF.

Current Scores (as of 04/22/13): EQ FICO=795; TU FICO =766; EX =763

BankAmericard Cash Rewards ($20,000) | Amex Platinum (NPSL) | Amex Clear ($20,000) | Amex Blue Cash ($2,500) | Chase Freedom ($11,000) | PenFed Platinum Cash Rewards ($5,000) | Barclaycard Apple ($5,000) | Discover More ($6,500) | BankAmericard Cash Rewards [Authorized User] ($15,000)

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+