Thanks for the info. That does stink, the Orchard Secured is my oldest too. I won't be closing mine anytime soon either since Orchard is the only one that will give me a CC right now, besides a couple store cards I have. I can't even get a Household because I have two Orchards now.
Pappy214 wrote:Not neccesarily. I have an Orchard Secured myself, but it states that they can actually increase the credit limit on a Secured card if they think you have been a good customer. Some other secured cards do the same... only part of the card is secured and the rest is unsecured. That BofA 99/500 is kind of an example. Put 99 down the limit is 500.While the increase is nice (though small), I am bummed that (since it is my oldest card) I will probably never get my money back from that bank since in order to get the deposit back you have to close the account, which also closes the card.