MrsW Posted November 30, 2007 Report Share Posted November 30, 2007 Orchard Bank offers $100 CL Increase for $25 Fee!Unbelieveable. I rejected the offer.Currently a $500 CL on my Orchard MC, which I have had since 05/06. I asked for a CL increase over the phone. They offered me a $100 increase, but there will be a $25 fee. Wondering which CRA they pulled.... Link to comment Share on other sites More sharing options...
NYSWEETY01 Posted November 30, 2007 Report Share Posted November 30, 2007 Orchard pulls EX ( the red devil )you are better off looking for other cards. Have you tried Hooters or Seamiles? Link to comment Share on other sites More sharing options...
jq26 Posted November 30, 2007 Report Share Posted November 30, 2007 Orchard is a decent card but they do nickel and dime you for this stuff. They told me credit lines increases were free then charged me $10 on my next statement to up my limit by $100. I caled them and threatened to cancel and they backed off and dropped the fee. They also waived my annual fee that year under the same threat. A few months later when I had sufficient other credit I canceled them anyway. Just got tired of dealing with them I guess. And their credit limits are a joke. Link to comment Share on other sites More sharing options...
lovebug5 Posted November 30, 2007 Report Share Posted November 30, 2007 IMO, don't pay fees to have your CL increased. If you're deserving of the credit, there should be no fee. Just my humble opinion. If you don't have the Hooters Mastercard yet, they're pretty lenient with their credit requirements. However, and be forewarned, their APR is pretty high... Link to comment Share on other sites More sharing options...
christoofar Posted November 30, 2007 Report Share Posted November 30, 2007 Orchard gave my a 100 CLI after I kept a supervisor on the phone for a very long time. I did pay the stupid fee though.They did not pull any CRA. Link to comment Share on other sites More sharing options...
daveyzzz Posted November 30, 2007 Report Share Posted November 30, 2007 I used Orchard to help jump start my credit a few years back post BK. My credit limit sat at $300 forever until I finally got the "Increase for $25" offer. I was desperate so I took the bait. The only good thing is they started raising it just about every two months after I had paid the fee. They only charge you the first time. So if you are impatient for an increase , it might be worth it. Frankly - with what I know now , I think you can do better with some of the other cards mentioned on these forums. Link to comment Share on other sites More sharing options...
sgip2000 Posted November 30, 2007 Report Share Posted November 30, 2007 I've had 2 CLI's with Orchard without any fee. I had a zero balance both times though.Here's how CLI's work:If you have a zero balance, the CCC will usually lower your APR or raise your CL as an incentive for you to not look else where for a card.The other reason, is when they do AR pulls of your CR and see that you have better cards with higher limits. They raise your CL or lower APR, again, to keep you from using other cards.Hope this helps some. Link to comment Share on other sites More sharing options...
merkurfan Posted November 30, 2007 Report Share Posted November 30, 2007 they do AR's and compaire limits yes. but I have yet to see a report that shows my APR on a account or CC. I think they lower the APR because your credit has improved or they are trying to get you to carry a balance on their card. Link to comment Share on other sites More sharing options...
sgip2000 Posted November 30, 2007 Report Share Posted November 30, 2007 they do AR's and compaire limits yes. but I have yet to see a report that shows my APR on a account or CC. I think they lower the APR because your credit has improved or they are trying to get you to carry a balance on their card.Let me clarify:They lower the APR when they see you have other options available. They're trying to "win you back". Link to comment Share on other sites More sharing options...
stefdr Posted December 1, 2007 Report Share Posted December 1, 2007 I've had 2 CLI's with Orchard without any fee. I had a zero balance both times though.Here's how CLI's work:If you have a zero balance, the CCC will usually lower your APR or raise your CL as an incentive for you to not look else where for a card.The other reason, is when they do AR pulls of your CR and see that you have better cards with higher limits. They raise your CL or lower APR, again, to keep you from using other cards.Hope this helps some.Someone needs to let Crap One know about this then. I'm a over a year and a half at a $500 Credit Limit. I've carried a $0 balance on it for close to 4 months now. Link to comment Share on other sites More sharing options...
MrsW Posted December 1, 2007 Author Report Share Posted December 1, 2007 I have a zero balance with them, I PIF every month.... lolAnyway, I just applied to Hooters, and got an online approval subject to further verification. 2 weeks, tick tock. My wife also added me to her Bank of America CC as an AU. 2 Years old. Perfect History. $20,000 CL. Uh oh! lol She has added me to her AMEX $10,000 CL too.... I can't wait for these to report - they will still report me as an AU, right?I also just qualified for a Cap 1 $300 TL card in Oct 07, that has no fees, so Orchard will soon be out of the window... Link to comment Share on other sites More sharing options...
daveyzzz Posted December 1, 2007 Report Share Posted December 1, 2007 $20,000 CL. Uh oh! lol She has added me to her AMEX $10,000 CL too.... ...Oh my god - $20K on one card!!?! I can't even imagine. I guess if you have kept your nose clean and played the game you can get cards like that and higher. Good job! Link to comment Share on other sites More sharing options...
Slow Eddie Posted December 2, 2007 Report Share Posted December 2, 2007 I can't wait for the day I tell Household to shove their crappy cards where they belong. I've had a household card for over 5 years with NEVER a late payment and the CL is a measely $600. I've had an Orchard card over 3 years, never late, with $400. I have a best buy card with a $400 limit and when I asked for an increase they told me that I am already at their maximum credit limit for my type of account. WTF? I've had no late payments anywhere since my charge offs from over 5 years ago. Screw them. Merrick is the only bank that gives me regular $200 increases every 6 months .In a month I'll be out of the SOL. Let the disputes begin. Then bye bye HSBC.Eddie Link to comment Share on other sites More sharing options...
ctfudge&bankofC-ville Posted December 2, 2007 Report Share Posted December 2, 2007 Eddie - I've done that with my Household/Orchard cards. Called them up one after the other and asked them to close the accounts.It felt really, really good. They said, "We value you as a customer and hope you'll return some day."HA !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:twisted: Link to comment Share on other sites More sharing options...
par Posted December 2, 2007 Report Share Posted December 2, 2007 They sure stink like a sub prime. Link to comment Share on other sites More sharing options...
merkurfan Posted December 2, 2007 Report Share Posted December 2, 2007 I'm not gonna bad mouth HSBC (until another bank out does them. I mean come on, it's dog eat dog out there)They hooked me up with a 2000CL on their union plus mastercard when no other bank short of the sub-sub primes that send out maxed out cards would give me anything at all. Link to comment Share on other sites More sharing options...
ctfudge&bankofC-ville Posted December 2, 2007 Report Share Posted December 2, 2007 Here's the irony, Merfurkan. After I told them to kiss off, because they would not raise my credit limit after 3+ years of perfect use of the card(s) - well, maybe they offered to raise my $300 card to $400 and they could only offer a rate reduction on another card from 32% to 29% and refused to drop any annual fees (I said no thanks then, just close the accounts)...After I closed two of these accounts (I took a few months longer to close the third), they offered me an HSBC card with a $5,400 limit and 19.99%, no annual fee. I can't help but think that closing their cards triggered a close look at how they might win my business back, and the terms sure were improved.I think it has to do with particular cards within the big HSBC (which includes Orchard and Household) having inflexible terms (someone else said they could not raise a limit for "this type of card.") Link to comment Share on other sites More sharing options...
direred Posted December 2, 2007 Report Share Posted December 2, 2007 The Union Plus card's pretty sweet, actually. Never got a CLI on it, though. Link to comment Share on other sites More sharing options...
merkurfan Posted December 3, 2007 Report Share Posted December 3, 2007 I like the fact that if my local strikes, I can skip up to 4 payments..Odly, I don't even have a union job anymore Link to comment Share on other sites More sharing options...
direred Posted December 3, 2007 Report Share Posted December 3, 2007 I like the fact that if my local strikes, I can skip up to 4 payments..Odly, I don't even have a union job anymore Hey, funny that you mentioned that -- I've got a Writer's Guild of America East credit card. Hrm. Link to comment Share on other sites More sharing options...
MaxedOut Posted December 7, 2007 Report Share Posted December 7, 2007 I think it has to do with particular cards within the big HSBC (which includes Orchard and Household) having inflexible terms (someone else said they could not raise a limit for "this type of card.")It is like that with allot of cards. There is a max limit that particular card can have, and then you have to apply for a different card if you want one that can have a higher limit (learned this a couple months ago with CrapOne). I HATE that. I wish I would have known this before I got my secured orchard card (I did not know that Penfed offered a secured card). Now I will only get those cards that have the potential of getting up to 20k+ limits, or can be changed into one of those cards down the line. Guess you just learn as you go... Link to comment Share on other sites More sharing options...
direred Posted December 7, 2007 Report Share Posted December 7, 2007 This is why I'm on Cap1 card #4, actually. Came in the mail today.2002: Cap1 #1 was permanently stuck at $250, in part because I'd screwed up.2005: Cap1 #2 came with an initial limit of $300, increased to $500, and never increased after that.2006: Cap1 #3 came with a CL of $1000 and an interest rate of 19.9%, increased to $1800, folded in card #2 for $2300, then just got a CLI the other day to $2800.2007: Cap1 #4 came with a CL of $2000 and an interest rate of 12.4%, making it my lowest-rate card.I'm clawing my way to prime. Link to comment Share on other sites More sharing options...
par Posted December 7, 2007 Report Share Posted December 7, 2007 Very slimey cards. Link to comment Share on other sites More sharing options...
lovebug5 Posted December 7, 2007 Report Share Posted December 7, 2007 This is why I'm on Cap1 card #4, actually. Came in the mail today.2002: Cap1 #1 was permanently stuck at $250, in part because I'd screwed up.2005: Cap1 #2 came with an initial limit of $300, increased to $500, and never increased after that.2006: Cap1 #3 came with a CL of $1000 and an interest rate of 19.9%, increased to $1800, folded in card #2 for $2300, then just got a CLI the other day to $2800.2007: Cap1 #4 came with a CL of $2000 and an interest rate of 12.4%, making it my lowest-rate card.I'm clawing my way to prime.LOL! You're too funny!Out of curiosity, did you apply for each of those cards in the year specified or did you receive pre-approval offers in the mail?Although Capital One has been rather sh!tty to many consumers, they've treated me well post-BK with a relatively low APR card with no annual fee and a decent CL. I, of course, got the letter in the mail about having on-time payments for the first three months which will result in an automatic $500 CLI...But for positive payment history purposes on cards that I don't plan on ever really using, I haven't found them to be terrible. Link to comment Share on other sites More sharing options...
direred Posted December 7, 2007 Report Share Posted December 7, 2007 LOL! You're too funny!Out of curiosity, did you apply for each of those cards in the year specified or did you receive pre-approval offers in the mail?Good question. 2002 and 2005 were pre-approvals in the mail. 2006 and 2007 were cold apps online. Link to comment Share on other sites More sharing options...
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