Orchard Bank offers two credit cards that are specifically designed for those with little or no credit: the Orchard Bank Classic MasterCard® and the Orchard Bank Visa® Card. These cards are also a good choice for those that have had credit issues in the past. These cards can help you work towards a solid credit history so eventually you might be eligible for a card that offers more benefits to its card members like a rewards card. Both of these cards report to all three of the major credit bureaus.
Orchard MasterCards
The Orchard Bank Classic MasterCards® are available in four different cards. The card you are eligible for is based on your creditworthiness. All cards share the same benefit of building credit, but there are differences between the cards. The way it works is that you apply for the card you are interested in, but it is the goal of Orchard to offer you the credit card that best fits your credit profile. This may or may not be the card you originally inquired about. You may be offered a secured card or an unsecured card, and with different terms and conditions. All cards offer Zero Fraud Liability Protection for card members. If you want to apply for this card you can easily do so online.
| ORCHARD® MASTERCARD® | Benefits | Annual Fee | Variable Purchase APR | Variable Penalty APR | Account Processing Fee |
|---|---|---|---|---|---|
| Orchard Bank® Platinum MasterCard® | *Free online account management tools | $39 - $74 | 14.90%-28.90% | 29.49% | $0 |
| Orchard Bank® Gold MasterCard® | *Free online account management tools | $35-$60 the first year $74-$79 per year thereafter | 14.90%-28.90% | 29.49% | $19 - $39 |
| Orchard Bank® MasterCard® | *Free online account management tools *Reports to 3 major credit bureaus | $35 the first year $74 per year thereafter | 28.90% | 29.49% | $39 |
| Orchard Bank® Secured MasterCard® | *Reports to 3 major credit bureaus *Earns interest on your deposit | $0 the first year $35 per year thereafter | 7.90% | 29.49% | $200 minimum deposit |
Orchard Visa Cards
The Orchard Bank Visa® Cards are also available in four different cards and they will all help you build credit. There are different rates and different fees associated with each card. It works the same as the MasterCards above in that you apply for the card you are interested in, but it is the goal of Orchard to offer you the credit card that best fits your credit profile. This may or may not be the card you originally inquired about. You may be offered a secured card or an unsecured card, and with different terms and conditions. The card you receive is based on your creditworthiness. All cards offer Zero Fraud Liability Protection to card members. The table below highlights the differences between the cards. If you want to apply for this card you can easily do so online.
| ORCHARD® VISA CARDS | Benefits | Annual Fee | Variable Purchase APR | Variable Penalty APR | Account Processing Fee |
|---|---|---|---|---|---|
| Orchard Bank® Platinum Visa Card | *Free online access *Your choice of payment due dates | $39 - $74 | 14.90%-28.90% | 29.49% | $0 |
| Orchard Bank® Gold Visa Card | *Free standard online bill pay *Free online access | $35-$60 the first year $74-$79 per year thereafter | 14.90%-28.90% | 29.49% | $19 - $39 |
| Orchard Bank® Classic Visa Card | *Free standard online bill pay *Free online account | $35 the first year $74 per year thereafter | 28.90% | 29.49% | $39 |
| Orchard Bank® Secured Visa Card | *Reports to 3 major credit bureaus | $0 the first year $35 per year thereafter | 7.90% | 29.49% | $200 minimum deposit |
[...] Your credit is permanently ruined After bankruptcy it is common for people to have a higher credit score in recent years after filing. If you work hard to reestablish yourself as a good credit risk. One way you can do this is by keeping an eye on your credit report. Every 12 months you are eligible to receive a free credit report from the three major credit bureaus which are Equifax, Experian and TransUnion. Always check your credit report for any mistakes such as debts that are listed twice. In addition, there are a variety of credit cards available to those that need to re-establish their credit like the Orchard Bank cards. [...]