Orchard Bank Classic MasterCard Review

The Orchard Bank Visa is very similar to their other product, except this card has different card art and what you're going to also find out is that is labeled with the Visa branding, rather than the MasterCard label. This, I know is a personal preference, but to me, it really doesn't matter. What you will also notice is that it's a little different with their fee structure and I will explain that below.

Credit Check
If you're pre-qualified, you're going to get approved within 60 seconds! You're going to have to meet particular guidelines though. Like many secured cards, many will accept you, if you pay the deposit fee. The Orchard Bank line of cards will go through a process before they give you the green light though.

Credit Limit
This is all going to vary on what card that you sign up for. What you're going to find out is that when you click on an application link, there are going to be a few that you can choose from. The credit limit is going to range everywhere from $200 to a higher limit. Again, this will all depend on what you apply for.

Credit Reporting
All the Orchard Bank line of cards are going to report to the credit bureau. This is great for those that are looking to improve their credit. We all know how crucial it is for a credit company to report and Orchard Bank does do this.

APR
The APR is all going to depend on what application that you apply for. Depending on your credit score, your history, and everything else, this is going to determine your APR.

Annual Fee
The annual fee for the Orchard Bank secured card ranges depending on which card that you apply for.

Online Application
Individuals interested in this particular secured credit card may apply online at any time through a secure server.

What We Like About The Card

Great For Weak Credit Scores: The nice thing about this card is that it's designed to help those with bad credit scores. While many of these secured cards are designed for people with bad scores, you're going to find that this card is perfect because of the lower fees and great reviews online.

Rebuilds Your Credit: Since Orchard Bank reports to the major three bureaus, the applicant be assured that their credit will be rebuilt. What you're going to find is that as long as you pay your card off in full as well as pay on time, most applicants should a slight credit score increase each and every month.

Lower Fees: Compared to most of the other cards on the market, the Orchard Bank line of cards have a lower annual fee. This is going to greatly depend on the applicant's credit history and score. What you'll find is that Orchard Bank is going to issue a card based on particular factors, instead of one card overall. The annual fee will greatly depend on the applicant's credit rating.