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sears solutions to orchard to capital one

Established Member

sears solutions to orchard to capital one

Hi! I asked this question in the rebuilding credt forum to no avail. I opened a SearsSolutions Mastercard back in november, primarily to get discounts at Sears. Well, this past April Orchard Bank took over now I have an Orchard Bank card. Before I even activated it, I recieved a letter stating it's transitioning to a Capital One card. My question is 1)

Will this hurt my score, and show 3 new opened accounts, 2 closed accounts? and 2)I already have an unsecured card w/Cap1 and a secured card w/Cap1..isn't there a limit? Whats gonna happen? Thanks in advance, its been a crazy credit roller coaster w/this dang card!! Smiley Happy

Message 1 of 3
Valued Contributor

Re: sears solutions to orchard to capital one

Won't hurt your credit, each of those changes just effected your one tradeline, no new tradelines are created.


I had the sears card, closed it before the purchase, but the tradeline has been modified for each of these changes. Including the final change of removing the CL and showing it as a close a full year after I had closed it.



Cards: Chase Southwest 20k & CSR 10k & CSP 10k & Freedom 6.6k & Amtrak/Freedom 4.6k, FNBO DISC 25.1k Oregon Duck 5k, & AMEX BCP 32.5k & Hilton Surpass 7.5k & Delta Gold 6k & Zync NPSL, Fidelity AMEX 17k Commerce5.9k & Cash Forward 7.5k & Sams Club MC 12.5k, Paypal Extras MC 8.5k, CapOne Venture 15k, QS 2.5k, QS 750, Amazon 5.9k, Walmart 10k, Citi Simplicity 9k, Discover IT 16k and a nice stack of store cards.
Last APP/HP 5/15/2017 Marcus Loan. 30k
Message 2 of 3
Established Member

Re: sears solutions to orchard to capital one

ah, that makes sense! Thanks I feel better!! Smiley Very Happy

Message 3 of 3