To obtain a credit card from the Orchard Bank one must apply and qualify for the credit card. Orchard Bank has online applications that can be completed on their website.
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Different credit cards offer different interest rates. The percentage rate on an orchard bank credit card depends on the individual's credit background and the current stock market interests.
The interest on an Orchard Bank card really depends on what kind of card being looked to get. It can go from zero percent to thirty five percent rates.
There are many reasons why a person would use an Orchard Bank credit card; one may not have any other credit cards available for use, or perhaps one prefers the benefits provided by the Orchard Bank credit card that other banks don't have. Perhaps one doesn't have quite enough money in their bank account to pay for something upfront, so they need to use credit to pay for it bit by bit.
Yes, Orchard bank does give credit cards to people with damaged credit. They are rated in the top 7 in the entire country and is a reliable way to prevent hidden fees on a credit card.
As a smaller bank, Orchard Bank offers one credit card. If you are already a customer, you can usually get a good rate by calling and talking to them. Other than that, you might have to pay quite a bit!