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Member
Phrostbyte
Posts: 17
Registered: ‎10-30-2008
0

You guys heard about the new Orchardbank card?

3% off gas

2% off otherwise

 

https://www.orchardbank.com/ecare/homepage/creditcards?WT.svl=100

 

When I applied they approved me with a $40 annual fee so I was like F it.. but maybe you guys can do better. Their high APR/Platinum card has no annual fee. 

Regular Contributor
wcnghj
Posts: 150
Registered: ‎11-09-2008
0

Re: You guys heard about the new Orchardbank card?

"Variable 14.90% - 15.99%"

 

That is outrageous! Rewards cards don't seem worth it to me, you just end up paying higher intrest. I suppose this is good for those that PIF.

 

 

04/2009
TU:745
EQ:764

10/2008
TU: 708
EQ: 708
EX:707
Valued Contributor
debtisgood
Posts: 1,126
Registered: ‎03-25-2008
0

Re: You guys heard about the new Orchardbank card?

It is interesting that their annual fees and application fees vary as well. If they are seeking people with above average credit they could get some takers if there were no fees.
Member
Phrostbyte
Posts: 17
Registered: ‎10-30-2008
0

Re: You guys heard about the new Orchardbank card?

Yeah the APR rates aren't too great but I wasn't planning on keeping an active balance between payments..

 

I think they might be targetting people with poor credit histories. So, nevermind about this card. Since I posted this I've done some research and apparently they give you low credit limits, their site sucks, and their customer service is horrible. Stick to your PenFeds guys. 

Contributor
TheTaxMan
Posts: 85
Registered: ‎10-28-2008
0

My opinion

I would stay away from HSBC unless you are dealing with a Best Buy Card.  They always leave a sour taste in my mouth and that is why I refuse to do business with them unless I must finance something through Best Buy.

 

TheTaxMan

Use your credit wisely during these rough economic times!!!
Established Contributor
beenthere
Posts: 971
Registered: ‎01-13-2008
0

Re: My opinion


TheTaxMan wrote:

I would stay away from HSBC unless you are dealing with a Best Buy Card.  They always leave a sour taste in my mouth and that is why I refuse to do business with them unless I must finance something through Best Buy.

 

TheTaxMan


 

And what makes the Best Guy store card any different?
1-14-08....... TU=683, EQ=667, EX=666
7-04-08....... TU=688, EQ=678, EX=682.......
.......4 of my 5 cards and a new car later.
2/13/09 and forever EX 693
Regular Contributor
Wesley23
Posts: 122
Registered: ‎06-02-2008
0

Re: You guys heard about the new Orchardbank card?


wcnghj wrote:

"Variable 14.90% - 15.99%"

 

That is outrageous! Rewards cards don't seem worth it to me, you just end up paying higher intrest. I suppose this is good for those that PIF.

 

 


 
 All rewards cards that I've seen have higher APRs. Even penfed is 14%. If you're paying interest on a rewards card, then you are not maximizing your rewards. If you need to carry a balance, you do it with another card. 

 


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