I've had my Orchard card for 19 months and got my first $100 CLI last month after having to ask 3 times. I was denied the 1st 2 times and I have never been late on a payment and most times do carry a balance. They also raised my APR based on Universal Default, but I have not been late on any of my other cards either and I do sometimes PIF and other times carry a balance on some of them.
Kat wrote:Hello,I was just reviewing my cc histories and thought I'd pass along some info regarding my 2 year old unsecured Orchard Bank cc. At the time of application, I didn't have any open TLs, 2-two year old unpaid tax liens, and one unpaid medical collection. I believe my EX Fico was somewhere in the mid 600s. My APR has consistently stayed at 9.4% + the current prime.9/05 CL 750 APR 16.17%5/06 CL 950 APR 17.15%9/06 CL 1150 APR 17.65%1/07 CL 1350 APR 17.65%7/21 CL 1550 APR 17.65%None of the CLIs were requested. Between May 06 and Jan 07 I was getting an auto CLI and 0% promotional checks every 4 months. This pattern seemed to change when I started PIF every month starting in Sept 06.IMHO, Orchard will give you consistent CLIs if you regularly carry a balance. They reward you less when you pay in full each month.