I started out rebuilding last year with an Orchard bank card. CL of $300 and a $79 AF 15% interest rate, sucks, but we have to pay for our mistakes somehow. Anyway, I got offered a rewards card from them this year with 2% cash back on all purchases, and a $400 CL with no AF and a 12% interest rate. Now I already have better cards, but none with rewards and the 12% wasnt horrible either. Anyway, I got that one, then asked if I could combine accounts (so as to not lose the history since I was not paying the $79 AF), they said I could but only for the history, they would not be able to combine the credit lines. So I thought that sucked a little, but oh well. I went ahead with it and I sent in the paperwork that they sent me. I just checked my account today and the old account is closed, and the newer account has the a credit line of $700. Wow! That was a pleasant surprise especially since I asked my CU card to increase my credit line to compensate for what I thought would be lost from Orchard Bank. Pretty cool, thought I would share.
