Review of First Premier Bank Credit Card
- 2017/03/30
- 00:41
Have you received a mailer recently from First Premier Bank saying you've been pre-selected for their credit card? If so then they've identified you as a candidate that potentially has a low credit score and through the use of their credit card you can improve your credit score and get back on the right track with credit.
Before applying for a First Premier Credit Card there are some details about the card that you'll need to understand. Since the card is for consumers with a low credit score it will have higher than ususal fees associated with it because they consider their cardmembers high risk which the penalty is higher usage fees.
Here are some of the fees that you will be hit with if you consider applying for a First Premier credit card:
$95 processing fee for your application submission
APR is 36%
Annual fee of $75 for the first year that is deducted from your initial credit line and every year thereafter it will be $45.
Additional cards for authorized uers is $29 per year.
Grace period of 27 days is offered
You can reduce the pain of the fees by being a responsible credit card user which means paying your bill off each month or at least the minimum balance. You also don't want to pay your bill late but rather on time before the due date. There are late fee charges that will be assessed to your account so you don't want to pay those excessive fees.
Consumers should keep in mind this card is basically useful for rebuilding your credit and you once you've noticed your credit score climbing consider applying for other reputable cards with less fees and offering rewards points.
For more info on First Permier Cards visit: http://www.clipsit.net/apply-for-a-first-premier-platinum-mastercard/
Before applying for a First Premier Credit Card there are some details about the card that you'll need to understand. Since the card is for consumers with a low credit score it will have higher than ususal fees associated with it because they consider their cardmembers high risk which the penalty is higher usage fees.
Here are some of the fees that you will be hit with if you consider applying for a First Premier credit card:
$95 processing fee for your application submission
APR is 36%
Annual fee of $75 for the first year that is deducted from your initial credit line and every year thereafter it will be $45.
Additional cards for authorized uers is $29 per year.
Grace period of 27 days is offered
You can reduce the pain of the fees by being a responsible credit card user which means paying your bill off each month or at least the minimum balance. You also don't want to pay your bill late but rather on time before the due date. There are late fee charges that will be assessed to your account so you don't want to pay those excessive fees.
Consumers should keep in mind this card is basically useful for rebuilding your credit and you once you've noticed your credit score climbing consider applying for other reputable cards with less fees and offering rewards points.
For more info on First Permier Cards visit: http://www.clipsit.net/apply-for-a-first-premier-platinum-mastercard/
