Is Premier Bank Credit Card a Scam or Legitimate Option

The Premier Bank credit card is a popular option for those looking to manage their finances and earn rewards. It offers a 0% introductory APR for the first 6 months, which can be a huge help for those looking to avoid interest charges.

However, some people have raised concerns about the card's legitimacy. According to the article, the Premier Bank credit card is issued by Republic Bank & Trust Company, a reputable financial institution with over 100 years of experience.

But what sets the Premier Bank credit card apart from other options? One key feature is its cash back rewards program, which offers 1% cash back on all purchases. This can add up quickly, especially for those who use their card for everyday expenses.

The card also has a relatively low credit limit, with a minimum limit of $1,000. This can be a drawback for those who need to make large purchases or carry a balance.

The First Premier Bank Credit Card has a reputation for being one of the most expensive credit cards on the market.

The card's fees are a major concern, with a one-time program fee ranging from $25 to $95, depending on your credit limit. This fee must be paid in full before the credit account is opened.

The annual fee is charged once your credit account is opened, and then in about the same billing cycle of each following year. The monthly fee will be billed until your credit account is closed and the balance is $20 or less.

The annual fee ranges from $45 to $125 in the first year, and from $45 to $49 after that. The monthly fee ranges from $6.25 to $10.40 per month, depending on your credit limit.

Here's a breakdown of the fees associated with the First Premier Bank Credit Card:

The card also charges interest on cash advances, with an APR of 36%. This is one of the highest APRs in the industry.

Other fees associated with the card include a cash advance transaction fee of either $8 or 5% of the amount of each cash advance, whichever is greater, and a foreign currency transaction fee of 3% of each transaction amount in U.S. dollars.

Premier Bank credit card has a rating of 3.5 out of 5 stars on Trustpilot, based on 120 reviews.

Reviews are mixed, with some customers praising the card's rewards program and customer service, while others complain about high interest rates and fees.

One reviewer noted that the card's rewards program is "easy to use and has a good selection of merchants."

Reviews from customers are a crucial part of any business, with 90% of customers saying they trust online reviews as much as personal recommendations.

The average customer reads 10 online reviews before making a purchasing decision, making reviews a key factor in driving sales.

Reviews can be a powerful tool for businesses to showcase their products and services, with 85% of customers saying they are more likely to trust a business with a high rating.

A single negative review can deter 22% of potential customers from making a purchase, highlighting the importance of responding to all reviews, both positive and negative.

Reviews can also help businesses identify areas for improvement, with 70% of customers saying they would give a business a second chance if they improved their products or services based on customer feedback.

We've found some great features that make our product stand out. Our users love the intuitive interface that makes it easy to navigate and find what they need.

The product's high rating is a testament to its effectiveness. It's been praised for its ability to deliver results quickly and efficiently.

One of the things we like is the customization options that allow users to tailor the product to their specific needs. This makes it a versatile tool that can be used in a variety of settings.

The product's user-friendly design has been a major hit with our customers. They appreciate how easy it is to use, even for those who are new to the product.

The high-quality customer support is another feature that sets our product apart. Users can get help when they need it, which is a huge plus.

The First Premier Bank Credit Card is unsecured, so you'll be assigned a credit limit by the issuer if you're approved. This credit limit will be $300, $400, $500, $600, $700 or $1,000, depending on your creditworthiness.

Your annual fee will be deducted from this credit limit, so your initial available credit will be your credit limit minus your annual fee.

The First Premier Bank Credit Card is unsecured, so you'll be assigned a credit limit by the issuer if you're approved.

Your credit limit will be either $300, $400, $500, $600, $700, or $1,000, depending on your creditworthiness.

The annual fee will be deducted from your credit limit, so you'll need to factor that in when you're using your card.

Your initial available credit will be your credit limit minus your annual fee, so make sure to keep track of both numbers.

You can withdraw money from your First Premier Bank credit card as a cash advance. The initial cash advance limit is 10% of your credit limit.

To increase your cash advance limit, your account must be open and active for at least 90 days, have two consecutive months of current payment history, not be delinquent, and have no return payments for the past 60 days. This could be a good option if you need more flexibility.

You'll need to pay a cash advance transaction fee, which is $8 or 5% of the cash advance, whichever is greater. This fee is in addition to the interest you'll start accruing immediately.

You can use your First PREMIER Bank Mastercard Credit Card everywhere Mastercard cards are accepted.

The card requires a one-time upfront Processing Fee of $55 - $95, paid in full before the Credit Account is opened, which reduces your available credit.

Your account history reports to the major Consumer Reporting Agencies.

Each time your Credit Account is eligible for and approved for an unsecured credit limit increase, a Credit Limit Increase Fee in the amount of 25% of the amount of the credit limit increase will be assessed to your Credit Account.

First Premier Bank is a legitimate company, located in South Dakota, and its sister organization, Premier Bankcard, issues the First Premier Bank Credit Card. It's the 12th-largest issuer of Mastercard credit cards in the U.S.

The PREMIER Bankcard Grey Credit Card is designed for consumers with poor credit who can't be approved for traditional credit cards. It's not available to residents of New York and Wisconsin, or to active-duty military personnel and their dependents.

First Premier Bank Credit Card charges exceptionally high fees, including a monthly fee, annual fee, and program fee. The card also has a low credit limit of $300 to $1,000, based on creditworthiness.

The card is suitable for consumers who need an unsecured credit card but have bad or poor credit. However, it's only recommended to use this card for a short period of time, ideally 18 to 24 months, to establish an acceptable credit profile.

Here are some key features of the First Premier Bank Credit Card:

The First Premier Bank Credit Card can be a useful product if you don't want to use a secured credit card and aren't able to be approved for an unsecured credit card with lower fees. However, it's recommended to only use this card responsibly and for a short period of time to improve your credit score.