Report Your Card Lost Or Stolen
- How do I report a lost or stolen card?
- Please contact Customer Service immediately at 1-800-987-5521. Once in our automated phone system, select option 6 from the main menu. A Customer Service Representative will request the date and time the card was lost or stolen and the date, location, and amount of your last transaction.
First Premier Bank Secured Credit Card
There arent many secured cards better than the First PREMIER® Bank Secured credit card. This card is easy to qualify for, has a low interest rate, and has some neat benefits like access to a free credit score.However, you still have to pay an annual fee and a security deposit.I created this review so that you can understand how their card works, its benefits and short comings.
Reports to all 3 major credit bureaus
Automatic Limit Increases
Free Access To FICO Score
Who Is This Card For
The First Premier Bank Credit Card is for consumers who are working to build or repair their credit and cant be approved for most traditional credit cards. Due to the cards high fees and lack of rewards, you will only want to get this card if you cant be approved for a credit card with lower fees and arent willing to use a secured credit card.
If you opt to use the First Premier Bank Credit Card, you hopefully wont need to keep this card for more than 18 to 24 months. This is because if you use the card responsibly during this time, you should be able to improve your credit enough to be approved for other cards.
This card isnt available to residents of New York and Wisconsin. Additionally, this card isnt available to active-duty military personnel and their dependents who are covered borrowers under the Military Lending Act.
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Should You Get This Card
You should not get this card.
To begin, youll be hard-pressed to find a card with an APR higher than the 36% ongoing APR charged by First Premier. If youre using this card to build credit, you should avoid carrying a balance regardless, but an interest rate that high means any late or missed payment can not only hinder your credit progress, but quickly lead to high-interest debt.
This cards biggest drawback, however, is its numerous fees. Not only is the fee schedule difficult to understand, but fees alone could cost you more than $200 just in the first year of ownership.
If you have that much cash on hand and youre looking to repair a poor credit score, youll be much better off putting $200 down as a deposit on a secured credit card with no fees and a lower APR. Consider a secured card like the Capital One Platinum Secured Credit Card or Citi Secured Mastercard, which both require deposits of $200 or less. Plus, your deposit is refundable when you close your account or upgrade to an unsecured card option unlike the fees youll pay with First Premier.
Is Net First Platinum Credit Card Scam
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Insider Advice: Getting The Most Out Of Your Card
- Improve your credit scores: Build a positive credit history by paying your bill on time, every time.
- Pay your statement balance in full: Be sure to pay your statement balance in full each month to avoid having to pay interest. Additionally, itll help keep your credit utilization low which in turn can help your credit scores.
- Know the facts: Read your card terms, as there are many fees to be aware of. Theres a program fee, monthly fee, annual fee, authorized user fee, copy fee, express delivery fee, and more.
- Avoid the fees: Opt for paperless statements, dont lose your card, and limit the number of authorized users on your account. If you get a credit limit increase but dont want it, you can reject it by contacting customer support.
Looking for more information on rebuilding your credit scores? Heres our in-depth guide!
Quarterly Fico From First Premier
Another amazing benefit from First Premier is that you get quarterly access to your FICO Score for free.
Your FICO score is the one used by over 90% of lenders when it comes to making credit approval decisions.
To view your FICO score, every quarter you just need to log into your online account and look at your statement.
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Is It Scam Or Legit
PlatinumOffer.com with confirmation number is a completely legit, reliable platform if you wish to apply for First PREMIER Platinum Mastercard.
The bank is known around the US for providing a variety of credit cards to millions of users.
Furthermore, First Premier card offers $0 fraud liability. This implies that any unauthorized charges would be taken care of by the bank and you will not be held accountable for it.
On top of that, the bank has a reliable online system that is secure and up-to-date. You can quickly get in touch with the bank if you want to report any error or clear a query.
Catalog / Merchandise Account Through Fingerhut
Another great alternative are Catalog/ Merchandise Accounts.
While these types of accounts require a credit pull, it is very easy to get an approval and to start building your credit profile.
These accounts will report to all 3 credit reporting agencies however, you can only use the credit at the Catalog or Merchandise company that gives you the credit.
One of the best catalog accounts comes from Fingerhut, we wrote a detailed review here.
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Is There A Fee For Closing My Account
Outside of the fees associated with your remaining balance, there is no fee for closing your account.
You will also receive your security deposit back that you used to open your account.
Its best to keep the card active as long as you can, there really isnt a reason to cancel the card any time soon.
% Foreign Transaction Fee
If your financial emergency for some reason involves international travel or spending, its important for you to note this cards 3% fee for transactions processed outside the U.S. Such a charge bucks the market-wide trend away from geographic nickel-and-diming, as the average foreign transaction fee has fallen by 38% since 2014, according to WalletHub data.
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How To Use The Premier Bankcard Mastercard Credit Card
Before applying for the PREMIER Bankcard Mastercard, consider other options for poor credit or no credit history. The Indigo Platinum Mastercard* or Capital One Platinum Credit Card* are both unsecured options for people with bad or limited credit that will provide a much clearer and less costly path to good credit.
If you still want to apply for this card, or you own it already, make sure you never carry a balance. Not only will you avoid accruing 36% interest on any revolving balances but youll build your credit to qualify for other, better card options. When First Premier reports your card use to the credit bureaus, youll want to show only a positive history of timely payments in full.
If youre using this card to improve your credit, you should also keep your in mind. Experts recommend keeping your utilization under 30% for the best chances of improving your score. If youre issued a $300 credit limit from First Premier, that means you should keep your monthly balances below $90 to maintain an ideal utilization rate and thats including any fees deducted from your limit.
First Premier Bank Gold Mastercard Review
Our editors independently research and recommend the best products and services. You can learn more about our independent review process and partners in our advertiser disclosure. We may receive commissions on purchases made from our chosen links.
The First Premier Bank Gold Mastercard is an unsecured card for people who want to establish or rebuild credit. However, the trade-off for not putting down a security deposit is sky-high fees.
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First Premier Bank Credit Card: Avoid This Deal
Here are some aspects of one offer that cameinto the Cagey Consumer’s hands that had been sent to one such student:
- The return address specifies that themailing piece is from the Office of the Chief Bank Officer,suggesting that the recipient has received the personal attentionof an important official of some bank.
- false “Reply Required” marking
- The outside of the envelope is marked in red with thelegend “Reply Required, MasterCard Issuance Pending”,falsely indicating that the recipient has a legalobligation to reply.
- misleading “documents registered” legend
- The outside of the envelope is marked”DOCUMENTS REGISTERED: The person identified in window has beenassigned the enclosed Bank Documents”.This completely meaningless statement is intended to givethe recipient the impression that the person is legallyresponsible for reviewing the contents.
- Inadequate disclosure of mandatory fees
- In addition to an annual fee of $50, there is a monthly feethat equates to $72 per year, a one-time acceptance fee of$119, and a one-time processing fee of $19.The only one of these mentioned on the front of the letteris the $19 processing fee.
- No toll-free number for additional information
- The “information line” provided is not a toll-free number,thus discouraging the recipient from asking questions.
Here are comments from others about First Premier Bank’scredit card offers:
Guranteed unsecured $250 minimum VISA card
Taking Action On Your Credit
Hopefully, you found this First Premier® Bank Secured Credit Card review helpful because there are several secured card options available however, only a few of them are as good.
Theres no better time than now to get your new account setup so that you can begin the process to either repair or rebuild your credit.
Start building your credit today with a First Premier secured credit card.
Editorial Note: The editorial content on this page is not provided or commissioned by any financial institution. Any opinions, analyses, reviews, statements or recommendations expressed in this article are those of the authors alone, and may not have been reviewed, approved or otherwise endorsed by any of these entities prior to publication.
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First Premier Bank Credit Card Overview
The First Premier Bank Credit Card is designed for consumers with low credit scores who may not be approved for most other unsecured credit cards. You shouldnt plan to use this card long term. Instead, this is a card to use for a short time to build your credit before moving on to a more traditional credit card that offers rewards, lower fees, a higher credit limit and lower interest rates. Card rating*: ½
*Card Rating is based on the opinion of TPGs editors and is not influenced by the card issuer.
This page includes information about the Discover it Secured that is not currently available on The Points Guy and may be out of date.
If you have limited credit or are working to repair your credit, you may not have many appealing options when it comes to credit cards. Most rewards credit cards will want to see a higher credit score and stronger credit history before extending credit. So, if you have bad or poor credit, you may need to temporarily rely on a secured credit card or an unsecured credit card with high fees while you work to improve your credit score.
Applying Without Mail Offer
You can apply for the First Premier credit card right away without entering the confirmation number. The procedure is pretty much the same. Again, you need to open www.platinumoffer.com.
Find the option that says Apply Now without confirmation code and click on it.
This would open another window with a digital form. Fill the application with your first name, middle name, last name, contact address, contact number, and social security number.
After submission, you will immediately get a response from the bank that would further provide guidance on rest of the registration process.
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Enrollment And Log In
- How do I enroll on mypremiercreditcard.com?
- Enter your Credit Card Number and Social Security Number.
- Create your username and password.
- A valid username must be 8-32 characters long and contain no symbols or spaces.
- A valid password must be 8-64 characters long and must include both upper and lower case letters and a number or a special character.
Enter your username and password on the Home page and click “Sign In”. If you forgot your username or password, click on the “Forgot Username/Password” link.
If you are using a new browser, computer or have recently cleared your cookies, you may be required to obtain a new secure access code for verification. You can select to receive the secure access code via text message, phone call or email to a phone number or email address on file.
Other Cards To Consider
If youre looking for a credit card to help improve your credit score, you may want to consider a secured credit card. Secured credit cards require that you put down a deposit equal to your credit line, but the fees on many secured cards are much lower than those on the First Premier Bank Credit Card. Some secured credit cards like the Discover it Secured and BankAmericard Secured credit card dont charge an annual fee and may even move you to an unsecured credit line as your credit score improves. The Discover it Secured even provides cash-back rewards.
The information for the BankAmericard Secured credit card and Discover it Secured has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
Even if you want to stick to unsecured credit cards, there may be better options than the First Premier Bank Credit Card. For example, the Indigo Platinum Mastercard is designed for consumers with bad to fair credit, but it has lower fees and you could pre-qualify without needing a hard credit pull. that have modest fees and offer limited cash-back earning for consumers who are rebuilding their credit.
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How Does Lendingtree Get Paid
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site . LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
The card requires a minimum security deposit of $200 to open your account, and your credit limit will be determined by your income and ability to pay . Then, starting at seven months, Discover will automatically review your account to see if you qualify to receive your security deposit back and convert to an unsecured card.
The Discover it® Secured Credit Card also comes with a $0 annual fee and waives your first late payment fee.
Unlike typical secured credit cards, the Discover it® Secured Credit Card offers rewards on every purchase you make.
Cardholders earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, 1% unlimited cash back on all other purchases – automatically. Additionally, for new card members only, Unlimited Cashback Match only from Discover. Discover will automatically match all the cash back youve earned at the end of your first year! Theres no minimum spending or maximum rewards. Just a dollar-for-dollar match.
Keep in mind that its best to focus on demonstrating responsible card usage by paying your card balance in full and on time each month to build up your credit score.
Does First Premier Increase Credit
First Premier cardholders may be eligible for a credit limit increase once their credit card account has been open for 13 months. But, each time your account is approved for a credit limit increase, youll need to pay a fee of 25% of the amount of the credit limit increase.
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Whats The First Premier Bank Secured Card
The First Premier Bank secured credit card was created for the millions of Americans who find themselves faced with bad credit.
This cards primary objective is to help customers transition to develop better credit habits.
Like most secured cards it will report to all 3 credit reporting agencies and help you establish a good payment history.
Who Is First Premier Bank?
First PREMIER Bank was established in 1929 and is headquartered in South Dakota and are one of the top 20 issuers of MasterCard® credit cards in the United States.
They are also a four time recipient of Mastercards Performance Excellence Award which is a major achievement.
What Makes Them Different?
What makes First Premier Different is that they offer a ton of additional benefits with their cards.
Along with reporting to all 3 of your credit bureaus, you will get free access to your FICO score as well as an instant credit limit increase after the first 13 months.