Full Review

The First PREMIER credit card is a pricey unsecured card for people with poor credit who need to borrow a small amount of money for emergency expenses and have few alternatives. Everyone else should avoid the First PREMIER Mastercard because of its costly fees, which include annual fees of $75 - $125 1st yr, $45 - $49 after and monthly fees of up to $10.40, among others.

Below, you can find all the details you'll need to make an informed decision about whether a First PREMIER credit card is right for your needs.

Highlights

Very expensive. The First PREMIER Bank Mastercard Credit Card charges an application-processing fee, an annual fee and a monthly fee. The exact amounts depend on the credit limit you're assigned, but the processing fee could be anywhere from $25 to $95. The annual fee ranges from $75 to $125 the first year and $45 to $49 each year thereafter. And the monthly fee (waived for the first year) could be as "low" as $6.25 or as high as $10.40.

Best case, you'll have to pay roughly $290 in fees before the second anniversary of account opening. Worst case, you'll have to shell out $404. In contrast, the average credit card would cost you about $34.7 over the first two years of use. And the best credit cards for people with the bad credit can be free to use.

Very little payoff. Your credit limit could be anywhere from $300 to $1,000, depending on what First PREMIER thinks of your overall creditworthiness. But remember, you won't have all of that at your disposal to start with. Given the First PREMIER Credit Card's high fees, you may actually wind with very little extra spending power, relative to what you can afford in cash.

For example, if you're assigned a $300 credit limit, you will have to pay a $95 processing fee before opening your account and then a $75 annual fee once you do, giving you just $130 in borrowing power to work with. Such a paltry amount won’t go very far when you’re faced with emergency expenses. And emergency borrowing is the only reason for someone with bad credit to use an unsecured card instead of a secured card.

Market's highest APR. The costs just keep on coming when you use the First PREMIER Bank Card. Balances carried from month to month will accrue interest at a whopping high annual rate. It's by far the highest APR on the market, 

Far better alternatives. Regardless of your exact need, you can do better than the First PREMIER Bank Credit Card. If you want a credit card to rebuild your credit, rather than emergency borrowing, there are better options, like no annual fee secured cards.


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First Premier Bank Gold Mastercard Review

Sams Credit Card

The Sam’s Club Credit Card, issued by Synchrony Bank, is a basic store credit card for Sam’s Club members with a less-than-stellar credit profile. The Sam’s Club Credit Card can only be used at Sam’s Club and Walmart stores and doesn’t offer any rewards on purchases, so it’s mainly for borrowers who aren’t likely to qualify for a better credit card that can be used more broadly. If your credit is just fair (if you have a FICO score of 580 to 669) and you shop at Sam’s Club and Walmart frequently, this card can be a worthwhile financing tool, albeit with a steep interest rate.

Big Lots Credit Card

The Big Lots Credit Card is a good choice for frequent Big Lots shoppers who want the flexibility to pay for their purchases over time. If you can handle the deferred-interest financing deals properly, you can save a lot of money and gain the flexibility around paying your credit card bill. Most people, however, will be better off with a cash-back card that works anywhere and earns rewards of some kind. Try the CardCruncher tool to find the right card for you.

Surge Mastercard Credit Card

The Surge Mastercard® is one of the easiest credit cards to get if you have bad credit, but the card's annual and monthly fees may reduce its appeal. If you're considering the Surge Mastercard® to build credit, here's what you need to know before you submit your application.

Menards BIG Credit Card

Menards has been one of the leading stores for home improvements for over five decades now. Many people rely on this store for their home improvement needs where they spend thousands of dollars. The Menards Big Card is designed to help all the Menards loyalists to get more rewards from making their purchases in the store and a few other selected gas stations. The card offers different types of rewards from cash back to in-store financing making it a very valuable tool especially if you tend to do a lot of home improvement.

Stein Mart Credit Card

The Stein Mart Platinum Mastercard® offers additional savings on items that fly off the rack at the discount retailer's store.The card, issued by Synchrony Bank, earns rewards at the retailer online and in-store and everywhere that Mastercard is accepted. It also offers perks such as exclusive savings events, birthday surprises and the chance to earn even more rewards with Elite status. The card's annual fee is $0.

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First Premier Bank Gold Mastercard
The First PREMIER Bank Mastercard is the epitome of the high-fee, low-value credit card. It’s meant for consumers with low credit scores or no credit histories who may not qualify for better cards, and the fees and high interest rate reflect the additional risk the bank assumes. Nevertheless, people who are building credit may have far better options, such as a secured credit card.
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First PREMIER® Bank Secured Credit Card
If you’re trying to build credit, the First PREMIER Bank Secured Credit Card might look tempting because it offers a slightly lower interest rate than some of its competitors. But that choice could come back to haunt you due to this card’s suite of fees, especially if you’re hoping to increase your credit limit down the road.
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Pros ExplainedFree FICO score: Each quarter, you’ll get a new FICO score update listed on your bill. You can use this to help you track changes in your credit score.Low-ish interest rate: Many of the better secured credit cards also come with higher interest rates—but not by much. Still, it’s

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Make no mistake about it: This card is meant for people with little or no credit and few options for a credit card. The ongoing interest rate is lower than some competing cards, which could save you some money as you work toward building (or rebuilding) your credit history. However, if you’re look

How to Apply For First PREMIER® Bank Secured Credit Card
Apply onlineSearch for the official websiteFollow the requirement and entry the needed messages.

First PREMIER® Bank Secured Credit Card Payment
You can pay your First Premier Secured card the following ways:By phone at 800-315-6350Through the PREMIER Credit Card mobile app for iOS and AndroidBy bank wireWith MoneyGram, Western Union or in over 100,000 locations nationwideVia mail to: First PREMIER Bank, PO Box 5529, Sioux Falls SD 57117-552

How to Get the Most Out of First Premier Bank Gold Mastercard
We do not recommend using this card because of its numerous, expensive fees. However, if you still plan to get it or already have it, the best way to use it is to pay off your balance every week. Doing so keeps your restrictive credit limit open for purchases, ensures you don’t pay late, and keeps