First Premier Bank credit cards are available in several different versions to meet the needs of today’s consumers. Customers with less-than-spectacular credit records may be able to get a credit card through First Premier Bank. Before you choose a credit card for your needs, you will want to go through the cardholder agreement to educate yourself about the terms and conditions that apply. Learn about the credit card options with First Premier Bank, and then compare those to the benefits of other providers using our free credit card “chaser” tool.
First Premier Credit Card
One of the credit cards offered by First Premier Bank is the First Premier Card. This option allows applicants to qualify for either a Visa or MasterCard. The decision about whether to accept the application and issue a card is made very quickly. The potential customer can get an answer within a minute from the company.
The introductory rate for this card is a very attractive 0%. Once the introductory period has passed, the customer pays approximately 9.9% interest per year on unpaid balances. If you are interested in a card with a low introductory rate, do make note of when the rate changes so that you can manage your credit appropriately.
There is an annual fee charged to cardholders who choose the First Premier credit card. Customers pay $48 per year for the privilege of having an account. This option is offered to people with bad credit. If a customer wants to get information about his or her account, including current account balance, date of last payment, and minimum payment required, all they need to do is make a phone call to a customer service agent.
First Premier Bank Credit Card Gold
Potential cardholders can get a decision on whether they qualify for a credit card within a minute of applying for the First Premier Bank Credit Card Gold. This card comes with an attractive introductory offer; no interest is charged on balance transfers during the introductory period. New customers aren’t required to pay the annual fee during the introductory period, either.
Once the introductory period has passed, the annual interest rate on this card is 9.9%. Customers can access their account information 24 hours a day, 7 days a week, through the company’s telephone banking system.
First Premier Credit Card Platinum
First Premier offers a platinum card to its customers. This option is also available to people who have had some credit issues in the past. There is an annual fee of $48 to use the card. New customers are not required to pay interest on their purchases during the introductory period; after that point, the annual interest rate on the card is 9.9%.
How To Compare Credit Cards
Considering the various credit card options on the market can be confusing. Each one has its own set of features and benefits, and this is not a matter of “one size fits all.” Offers like no interest are very attractive to the average credit card holder, but you need to read the fine print before you make a final decision about whether to apply for a particular card.
Some companies offer a low or no-interest-rate introductory to get new customers to come on board. First Premier Bank uses this tactic with its credit cards. As long as the customer understands that this is not the permanent interest rate for the card, they can take advantage of this time to pay down debt. Transferring an outstanding balance from another card to one offering an interest-free period is a good strategy, as long as you take advantage of the situation to pay down a good portion of your debt each month that you aren’t being charged interest. Beware of constantly changing from one credit card provider to another just to take advantage of free introductory rates. This can have a negative effect on your credit score.
Some cards offering a low introductory rate jump to a very high annual rate of interest after the introductory period has expired. Rather than being overly influenced by the initial offer, take the time to consider whether the entire package of features offered by the card is to your advantage. Ask if the potential provider can calculate your savings on the interest and with the transfer fee. Read through the offer carefully to make sure you understand exactly what you are getting if you apply for a particular card and are accepted.
If you are applying for a credit card to establish a payment record in your own name or to rebuild your credit, your options may be limited to certain cards that are marketed to this segment of the population, at least for a while. As your credit rating improves, you will have more options available to you.
Compare First Premier Bank Credit Card Offers
The First Premier Bank credit cards are an example of a line of financial products that are available to people who have run into credit problems in the past. You can get more information about your credit card options by using the free credit card chaser tool at the top of this page. Click on it to get started comparing credit cards right now!
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