What is difference betweenOrchard Bank Secured & Household Bank Secured...

[Andy77]

What is difference between Orchard Bank Secured & Household Bank Secured?

Is Orchard easier to qualify for?

Does anyone know the qualifications for the Household Bank Secured Card?

Thanks 

[manyquestions]

Household bank owns Orchard bank.  Both report to all three as HSBC. 

Orchard will give a card to anyone.  I don't know if HSBC secured has any higher standards.

Orchard secured - 7.9% APR, $35 annual fee waived first year, minimum deposit $200.

HSBC secured - 12.99% APR, $35 annual fee, minimum deposit $300.

[iwantbettercredit]

The difference is one is called Orchard and One is called Household...same company no other difference, low limit, high interest, lousy service, strickly a rebuilder card.

[Anonymous]

I'm even more confused now, when I went online to find Orchard Bank, the application comes up as Intermountain Community Bank.  Any thoughts?

[daisyduke]

google Orchard Bank Credit Card and the site shows up to apply. Orchard is an HSBC product, for sure.

[manyquestions]

http://www.orchardbank.com/

Intermountain comunity bank is the bank that Orchard owns that holds your deposit.  HSBC owns Orchard.  Orchard owns Intermountain Community Bank. All one big happy family.

Message Edited by manyquestions on 10-24-2009 11:54 AM