How is the Orchard Bank Secure card? Do they report on all 3 and does it show as secure? Any other feed back on Orchard Bank?
Do NOT get the Orchard secured card. I put up 330.00 deposit. When I went to close out the account, they told me it was an UN secured card and that I did NOT have a deposit on file with them! Yes, that's right. So I said...."Okay, them I want a limit increase please." The they said, "Sure. But you'lll have to put up at least 100.00 decurity deposit. And your credit limit will go up dollar for dollar, for every 100.00 you put up." Now, can you believe this????? This really happened to me! I have been on the phone with them for over a week now. The company sucks. I have a perfect payment history with them. They've never bothered me in any way, and I Haven't bothered them. But I also lost my so-called security deposit somewhere along the way! Go figure. Calmest_LA
Orchard bank is part of the "lower" household group. Now, both the higher and lower group, they are a bunch of asses. Their customer support is sub par, and their lower products are a rip-off. Please try to get a cap 1 if at all possible. They gave me a chance nearly 2 years ago, and i've kept that card ever since. $99 deposit for $500 limit. I got the cash back on the 13th month, and im now at $2100 with no fee (and a promo 0% for 6 months too boot). They aren't the best in terms of limits, but they are imo, the best in terms of customer support (including mr cooke). I've been through most of the lower end cards recommended on this site, and it cost me $$ and frustration. I can't begin to stress to you how important it is to have great customer service and not be treated like a leper (secured) in the rebuilding stages, it really helps you (ego?). There are a few banks i truly would spend my time to write about (citi being the other.) but these folks at cap 1 deserve kudo's for a great program..
I am afraid to try for a capital one because it shows on my TU and Exp as charge off. They are claim that I owe $6587. I'd say 4k is in fees alone. I don't want a inquiry ding just to have them say no. I also have a charge off with citi. Are there any other good secure cards?
Smit, I think FCNB is better than Orchard Bank secured. They give you up to 2 times more than you deposit. After a year they will unsecured your account if you keep your account in good standing and they will increase your credit limit. FCNB will report your account to all 3 bureaus monthlyand they didn't report your account as secured .They give it to everyone and it is easy to get. I had charge-off accounts and they gave me 1.5 times more of my deposit.I had a secured MC and Visa with them for two yeras and I have no problems with them. Right now I have Eddie Bauer Rewards Mastercard with them. The website is http://www.fcnb.com Ron.
Ron, How difficult was it to get the Eddie Bauer MC through FCNB? Do you have a rough idea of what your scores were at the time? Thanks, wajaba
wajaba, I applied it on the websites and next thing I knew I got approved. They approved me $2500 and I had the Eddie Bauer for almost a year. I think you cannot have any negative credit on your credit report and they pulled credit report from TransUnion.Cureently my TUC score is 684.If you don't have any charge-off or late payment, it is easy to get the card. Ron.
