topic Re: Orchard Bank/HSBC Platinum in Credit Cards

Orchard Bank/HSBC Platinum

coachhenson — Sat, 15 Dec 2007 19:09:48 GMT

Just approved for $750 with no annual fee. Oh my God what a good feeling. I know the CL is nothing to write home about yet but wow.

Re: Orchard Bank/HSBC Platinum

MidnightVoice — Sat, 15 Dec 2007 19:12:22 GMT

coachhenson wrote:
Just approved for $750 with no annual fee. Oh my God what a good feeling. I know the CL is nothing to write home about yet but wow.

It is still a great feeling to know that, credit wise, one is now considered a touch above pondscum

Re: Orchard Bank/HSBC Platinum

Anonymous — Sat, 15 Dec 2007 19:15:36 GMT

What do you mean? My first HHB rebuilder card was 300.00 with a 59.00 AF.... I was so happy, I just about slept with the thing under my pillow

Re: Orchard Bank/HSBC Platinum

coachhenson — Sat, 15 Dec 2007 19:26:29 GMT

Brammy, so was mine. Actually, it was the First Premier Solid Mold (not Gold) $250 card with about $249 in fees. I had about 35 cents credit to begin with.

My first Orchard card finally gave a $100 cli last week and I was doing the riverdance in my dining room. Now, I graduated to this one.

Wow. I might even apply for something in front of other people before the summer, too!!!

Message Edited by coachhenson on 12-15-2007 11:26 AM

Re: Orchard Bank/HSBC Platinum

Anonymous — Sat, 15 Dec 2007 19:26:52 GMT

CONGRATS!!!! doing the happy dance for ya!

Re: Orchard Bank/HSBC Platinum

coachhenson — Sat, 15 Dec 2007 19:28:14 GMT

Hey Brammy, I have been dying to get a Best Buy card for a while. If I got approved for this Orchard Platinum card, what are the odds of HSBC approving me for the BestBuy card right now?

Re: Orchard Bank/HSBC Platinum

Anonymous — Sat, 15 Dec 2007 19:29:26 GMT

What are your scores? You will probably be approved but the thing is if you are approved on program B it limits your CL to 750.00. From what I hear from the rep they do not change tiers, you would have to reapp.

Re: Orchard Bank/HSBC Platinum

coachhenson — Sat, 15 Dec 2007 19:32:27 GMT

EQ 576

EX 595

TU 567

According to the simulator, my scores are about to increase anywhere from 609 to 649 by Friday when my payments post. I paid my revolving debt down by at least 1000 dollars. Now I have added another 750 to the total credit lines. I know that I will take a slight hit for new credit, etc.

Message Edited by coachhenson on 12-15-2007 11:32 AM

Re: Orchard Bank/HSBC Platinum

Anonymous — Sat, 15 Dec 2007 19:33:31 GMT

You can app it but not if you are approved for the store, it will most likely be Plan B. Only problem withthat is most instore specials are for purchases of 499 and up so the card would be perpetually high balanced if you took advantage. Heck mine is too. lol!!

Message Edited by Brammy on 12-15-2007 02:33 PM

Re: Orchard Bank/HSBC Platinum

coachhenson — Sat, 15 Dec 2007 19:33:37 GMT

Explain the tiers and Plan A and B again to me please.

Re: Orchard Bank/HSBC Platinum

coachhenson — Sat, 15 Dec 2007 19:35:27 GMT

I'll wait. I'ved got $2000 cash left for Christmas if I want to spend it anyway. I want to keep working on my scores. Thanks!

Re: Orchard Bank/HSBC Platinum

Anonymous — Sat, 15 Dec 2007 19:36:01 GMT

Here it is

Program A: Variable Standard APR: 21.9% as of 12/01/07. Variable Default APR: 25.9% as of 12/01/07. Plan B: Variable Standard APR: 24.9% as of 12/01/07. Variable Default APR: 28.9% as of 12/01/07.

Plan B offers lower limits and highr APRs but if course if you're using the in store financing specials, the APR won't bother you.

Re: Orchard Bank/HSBC Platinum

Anonymous — Sat, 15 Dec 2007 19:37:48 GMT

coachhenson wrote:

I'll wait. I'ved got $2000 cash left for Christmas if I want to spend it anyway. I want to keep working on my scores. Thanks!

Well at least you don't have to repay the cash...lol!!

Re: Orchard Bank/HSBC Platinum

Anonymous — Mon, 17 Dec 2007 17:02:06 GMT

Well heck I must have Plan X... I've had this crappy card for about 8 months with an 300.00 cl.. What can you buy from bestbuy with that, besides a DVD and that even kills the ulti. I called to request an CL and they sent me a letter stating the card I have is not elig. for increases. That's why I never use this crappy card!