@pipeguy wrote:
You needed the card in 2007 to either establish credit or rebuild, since that time you have paid $300 to $360 in AF's - it's served its purpose, you are wasting money on AF's and you owe HSBC nothing for the privilege of letting them charge you $60 a year.
These cards won't grow with you like other 'prime' cards, they have one purpose and that's to get people back on their feet. I have one to rebuild and once I get 2 other cards with a $500-$1k limit I will close my Orchard acct.
Food for thought - I've read from multiple credit repair boards that keeping a card witha low limit open can affect your chances of CLI from other cards.
