These cards require a cash security deposit, usually equal to your credit limit.
The fee parade begins with a one-time processing fee, which must be paid before the account is opened.
Points expire five years from the end of the quarter in which they are earned.
Is the First Premier MasterCard the Best Choice?American Express is a federally registered service mark of American Express.You will earn 1 Reward Point (Point) for each dollar of eligible Net Purchases charged to your Account during each billing cycle.Intro offer: Discover good food gift card woolworths will match ALL the cash back you've earned at the end of your first year, automatically.Because of the high fees and annual percentage rate, we recommend that you avoid the First Premier Bank Credit Card, but a couple of alternatives may be worth your while.7 Certain limitations and restrictions may apply.If you have a poor credit score and want to rebuild your credit history, you might be considering the First Premier Bank card.
When your limit is only 300, for example, you dont have much room to use the card and when you do use it, you can easily use up most of your available credit, causing your credit utilization ratio to spike and potentially hurting your credit score.
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You may become a member if: Someone you are related to is a current member The company you work for or retired from is a participating employer You belong to a participating organization (you can join one of the listed organizations when you open your account with.
This offer is valid only for new Visa Platinum consumer card accounts with this Financial Institution and the application must be submitted online between October 1, 2018, and December 31, 2018, through a branch office or call center.
Depending on your score and the credit limit youre approved for, the fee can be as high.
visa platinum limited time promotion, the 0 introductory APR applies to Purchases and is valid for the first 20 billing cycles.The downside to secured cards is the deposit.The deposit lets the bank know youre not going to rack up a tab and flee the country.To an issuer, having a high balance-to-limit ratio can seem as if you max out your credit limit every month.Earn Rewards While You Build Your Credit Another great option is the Discover it Secured card.The monthly fee on the card with a 300 limit.25 or 75 per year (waived for the first year).First of all, opening a credit card with the First Premier Bank requires an active checking account with the institution.