? about Orchard Bank CC

[Bobbi]

OK, so I got approved for the Orchard Bank Premium with 2% cash back, 0% apr till ovt 2008. I had to pay a $19 fee for processing, but it appears to not have an annual fee. I do not have my credit line yet, my status just says approved, they are validating my funds(the 19.00 - which already came out my account) and my card is mailed in 10-14 days. Anyone else get this card?

My husband only qualified for the standard with the high annual fee, we are still deciding on that......

Funny thing is, his FICO is higher than mine

[Flamingo]

Orchard Bank is BK friendly but you need to watch out for their fees and never accept any of the offers tossed at you constantly. I have a Mastercard with them, 14.99% and they will raise your limit accordingly as to how you handle the card. I have no complaints but I only charge things now and then and use it for car rentals when we take a trip now and then, or for hotels, and it is paid off. It has a $39 annual fee and they have raised my limit twice in less than two years. I will contact them after the BK is off our reports (4/09) and request a non-fee card since I have built up good credit with them over a period of time and we also have a Visa through Washington Mutual recently raised to a limit of $12,500 which we also handle the same way. We use it once in a while and pay it off - we utilize the Visa mostly for car repairs. It is at 11.99% and no annual fee. We do not need nor want any more cards and we get bombarded with convenience checks and other offers in the mail constantly. We do not accept them and shred the convenience checks.