Prime card or subprime card.

Sub prime - high interest rates, low credit lines, many fees.

Prime - low interest rates, high credit lines, no fees.

Dani

 

I look at it this way.

Subprime - the cards i qualify for always.
Prime - i never can get those cards

Always on a relative level, since you are always moving up the ladder.

Prime cards can come with fees, high apr, just like subprime cards.

 

Prime cards often offer special rates for balance transfers as well.

 

To me, if the card has fees and high APR, it is not prime, no matter who issues the card.

Trevor

 

Just recieved another Orchard card but this one has a 9% interest rate..Only $500 cl but I am glad I have it...Prime ? Not sure it is a Orchard account ;-)