Still can't decide what to do with Orchard

[blacklotus]

AX.  (IMHO)

[Anonymous]

I'm in the same boat. I cannot stand them either, and I have used HSBC Mortgage too, and I will not continue for long.

Hold off, and IF they will not waive the next AF, then for sure close it!

That is what I will be doing this coming Dec, if they don't waive mine again like they did last year.

[Anonymous]

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@Anonymous wrote:

It's my oldest major CC opened back in 07 $900 CL AF is $49 It's also my lowest apr out of any of my cards 8.9%. On the other hand i know this card will not grow with me. Should i keep it or get rid of it.

Other majors

Opened 2009 Capital One $1500 Balnce $0

Opened 2008 BOFA $2000 Balance $40

Opened 2010 Citi $2300 Balance $1300

Opened 2010 Amex Gold

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I think the answer may depend on what you're credit goals are.  If you are looking for a car loan or a mortgage in the foreseeable future then it may be worth paying the AF to Orchard just for the AAoA.

[score_building]

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@Anonymous wrote:

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@Anonymous wrote:

It's my oldest major CC opened back in 07 $900 CL AF is $49 It's also my lowest apr out of any of my cards 8.9%. On the other hand i know this card will not grow with me. Should i keep it or get rid of it.

Other majors

Opened 2009 Capital One $1500 Balnce $0

Opened 2008 BOFA $2000 Balance $40

Opened 2010 Citi $2300 Balance $1300

Opened 2010 Amex Gold

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I think the answer may depend on what you're credit goals are.  If you are looking for a car loan or a mortgage in the foreseeable future then it may be worth paying the AF to Orchard just for the AAoA. 

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AAoA won't be impacted by closure in the foreseeable future, it will take about 10 years for the acct to drop, until then it is included in AAoA calculation.