Orchard Bank Credit Card Review

Posted On: July 31, 2006

Author: rogrow
Posted: Thu Aug 07, 2003 5:30 pm
Post subject: orchard bank

the bank that helps people that are struggling,,,right… im not struggling now but i bankrupted a business 8 yrs. ago.and about 2yrs ago household bank and orchard bank bombarded us with offers and sorry to say we bit .. the problem was their fees ..i just tried to close one account because they (orchard bank) just added 59.00 membership fee..I called on their NON 800 number(what does that tell you) to cancel accnt. and was told, sure if i pay the accnt. off in full:and they also charged me 29.00 overlimit fee because the membership fee put me overlimit its been only 15 days. so, no refund of any fees, 59, 29, wait.. there is more. I told rep. to close accnt. anyway because of their fees. At that point I was told about their 3.50 closed accnt. monthly service fee until its payed off…and plus interest each month. This was just one more reason to close it and the other two accnts, one other at orchard and one with household bank, (same phone number)…the rep just couldnt understand why I would pay 3.50 service fee…All I had to do was keep accnt. open…no thanks does anybody got any ideas or a good class action lawyer evil:

rogrow,

The membership fee or other fees putting a card over the limit is illegal in most states. Contact your State Attorney General. I know Illinois (next door) won’t tolerate this sort of thing.

Also contact the banking regulators. The FTC is one. (there’s a list in an earlier post by Ira in the ancient archives)

Household has a crappy reputation and is no stranger to complaints. They are semi-reputable if you can sleep with one eye open.

Keep a paper trail with them. Just keep citing the law or telling them who you’ll contact next. Check out Strong’s book on “What Every Credit Card User Needs to Know” for some form letters.

Please let us know how it turns out.