Secured Cards question; Citibank vs Orchard !?
Hi
I am a student and I am starting to build my own credit line. I know that I couldn't get a unsecured credit card. I had applied for bank of America secured card. I was denied for having too many credit inquiry in my file. I did ask Verizon to break my phone away from family account before that, but when Verizon asked for 0 dollar for security, I decided to get a secured credit card instead and back down. Before BoA returned my denied letter, I got credit card offer from Capital One and I applied for it since I am applying for one.
Now, Capital One denied me online after two letter, last one saying that they reviewed my credit score and approved Capital one platinum MasterCard. I went in their site and used their approval code and all that.
Now that I have too many credit inquiry on my file, I am afraid to try out for more. After doing a little research online , I found out that some of the instant approval secured credit companies such as millennium one and applied banks are ripped off. I decided to try my luck with Citibank and Orchard bank secured card.
My question is , I need to know which bank would be more flexible to my credit inquiry status, and which of the two has better reputation?
I promised to reward 10 point for best answer.
Thanks you all in advance.
Related Credit Card Sites
- Obtaining Everything Over a Credit Card | Love and Beauty
- Cards For All Bad credit score | Nationalism
- Las Vegas » Blog Archive » Bank cards For Anyone With Bad credit score
The one that may help you is Orchard but then they have a terrible reputation if you default on them.
I do not think you will have a chance with Citi.
Orchard has a pre selector website that lets you know you qualify for certain cards and they do not hit you with any inquiries unless you submit the actual app.
This would be the way to go.
https://www.hsbcapply.com/start/orchardbank
If they state you do not qualify and do not hit the submit button. If they state they can offer you something go for it.
avoid credit cards -ask your bank for a VISA debit card instead.