What is the $95 program fee for First Premier bank?

Once you open a credit card with a $300 limit, you will pay a $95 program fee just to open an account. You also will be charged a $75 annual fee for the first year and $45 for every year afterward. The monthly fee on the card with a $300 limit is $6.25 or $75 per year (waived for the first year).

Does First Premier waive program fee?

There's also a one-time program fee that ranges from $55 to $95. Additionally, you'll have to pay a monthly fee that costs up to $10.40. However, First Premier will waive or reduce this fee for the first year, which can help offset the cost of the program fee.

Is First Premier Bank program fee refundable?

You can cancel your card anytime without a cancellation fee. If you do it within 30 days of receiving the cardholder contract, the program fee or any other fees charged will be refunded.

What is a program fee on a credit card?

A program fee for a credit card is a one-time charge that is typically assessed when you are approved, ostensibly to pay for the general benefits of being a cardholder. It is worth noting, though, that there are several credit cards on the market that don't charge either a program fee or an annual fee.

How do I pay my Premier Bank program fee?

By phone: Call 1-800-987-5521 and enter your card information when prompted. Online: Log in to your online account and find the payment button. Through the mobile app: Log in to your account and select your card, then tap the payment button. Sioux Falls, SD 57101-1348.

First Premier Bank is a TOTAL SCAM!!!

What is First Premier program fee?

Program fee: This is a one-time fee charged when you open the account. It ranges from $55 to $95. Annual fee: This ranges from $75 to $125 in the first year and $45 to $49 after that.

What is First Premier monthly fee?

This monthly service fee is between $6.25 and $10.40 after the first anniversary of opening the card. High credit limit increase fee: Upon approval, your credit limit will range from $200 to $1,000. You can be considered for a credit limit increase once your account has been open for 13 months.

What is a fee program?

“Program Fees” means additional amounts charged to students in select degree programs within colleges, schools or departments, including honors colleges or programs, that demonstrate one or more of the following: higher costs of delivering instruction; the need for or use of special equipment, technology, or key ...

Why am I being charged a monthly fee?

A monthly maintenance fee is a fee charged by a financial institution to a customer for utilizing a checking or savings account if certain requirements aren't met. This fee is typically withdrawn from your account each month automatically.

What is the highest credit limit for First Premier credit card?

First Premier's highest credit limit is $5,000, available with the First PREMIER® Bank Secured Credit Card. It is important to note that the credit limit for the card is equal to your security deposit, and the minimum deposit to open the account is $200.

Does Premier bank have a monthly fee?

No surprises, no monthly fees, plus earn interest on balances of $500 and more. With Zero Liability® Protection, 37,000+ surcharge-free MoneyPass® ATMs, Apple Pay and more. FREE 24/7 account access with our easy-to-use, feature rich Online and Mobile Banking.

Can I close my First Premier credit card?

You can cancel your First Premier credit card at any time by calling customer service at (800) 987-5521.

Can I withdraw from First PREMIER Bank?

You can withdraw money from the First Premier Bank Credit Card as a cash advance. Once your account is open, your initial cash advance limit will be 10% of your credit limit.

Do I have to pay program fee for credit card?

A program fee for a credit card is a one-time charge that is typically assessed when you are approved, ostensibly to pay for the general benefits of being a cardholder. It is worth noting, though, that there are several credit cards on the market that don't charge either a program fee or an annual fee.

How can I avoid a monthly service fee?

How do I cancel my monthly fees?

How can you avoid monthly fees?

Why do credit cards charge a program fee?

Card issuers charge annual fees to offset the cost of offering cardholders numerous features and benefits. They wouldn't be able to offer annual $300 travel credits, Global Entry and/or TSA PreCheck credit or competitive rewards programs for free.

What are different types of fees?

Fees are applied in a variety of ways such as costs, charges, commissions, and penalties. Fees are most commonly found in heavily transactional services and are paid in lieu of a wage or salary.

What is a hidden fee?

Hidden fees are any unexpected fees that consumers get hit with when purchasing goods or services. The reason these are referred to as hidden is because the consumer might not have been expecting the charge and, in reviewing their financial data or statements, finds out they've incurred additional charges.

What is First Premier Bank limit?

Your First Premier credit card limit will be $200 to $700 to start, depending on which card you get from First Premier Bank and your overall creditworthiness. First Premier will consider factors such as your credit history, income and debt when determining your credit limit.

Can I transfer money from my Premier credit card to my bank account?

No, you cannot transfer a First PREMIER® Bank Mastercard Credit Card balance to a bank account. You can only do that between different lines of credit. You can, however, use your bank account to pay your credit card bill every billing cycle by setting up automatic payments.

Is First Premier a real bank?

First Premier Bank, headquartered in Sioux Falls, South Dakota, is an issuer of MasterCard brand credit cards in the United States. The bank is known for specializing in a wide range of subprime credit cards that are marketed to individuals with low credit scores.

Can I use First Premier at ATM?

Ways to get a First Premier Bank credit card cash advance:

At an ATM: To get a cash advance at an ATM, insert your card, then enter your PIN and choose the cash advance option. After that, enter the amount and acknowledge the fee disclosure. You can then withdraw the cash, up to the card's available cash advance limit.

Does First Premier charge an annual fee?

The First Premier Credit Card Is Expensive

You also will be charged a $75 annual fee for the first year and $45 for every year afterward. The monthly fee on the card with a $300 limit is $6.25 or $75 per year (waived for the first year).