Frequent Contributor
Posts: 291
Registered: ‎07-29-2011

Re: Should I close Orchard Bank??

silver0187 wrote:

With the cards you have, I would close Orchard, just to save money and/or from the inconvenience of calling every year trying to get the AF waive


EQ: 662 | TU: 682 | EX Plus: 764
SL baddies fall off between Jan '13 - Oct '14
Valued Contributor
Posts: 2,656
Registered: ‎06-05-2008

Re: Should I close Orchard Bank??

Something to consider;  Orchard bank was just purchased by Capital One - so there's a chance in the next 12 months or so you might get the opportunity to convert to a higher limit / no AF card.  That's the only reason mine is still open.  I figure if I can keep getting CLI's and waiving the AF until I see what happens, I might as well.

12-15-14: FICO EXP: 813 - EQU:802 - TRAN: 756 - AVG: 790 +240 points from JUN 2008 - MY CREDIT JOURNAL

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