What You Need to Know About First Premier Bank
June 24, 2009 – 2:10 pmWhat You Need to Know About First Premier Bank
I have had the First Premier Bank MasterCard for about six months now. Overall, I am glad that I went with this credit card. But, here is what you need to know before you sign up for a credit card from First Premier Bank.
One of the reasons I signed up for the First Premier Bank MasterCard is because of its low APR and its monthly reporting to the credit agencies. My credit wasn’t necessarily “bad”, but it wasn’t perfect either. I figured that if I was careful and responsible, this monthly reporting could really be advantageous to me and my credit report.
It turned out that I was right. My credit has gone up considerably and the only thing that I have done different is have this credit card. Having First Premier Bank report my account status to each of the four credit bureaus each month has made a huge difference for my credit. It makes me wonder how much lower my credit would be today if I hadn’t signed up for a credit card that reported each month.
I have also loved the low APR. My APR is a variable rate currently set at 9.9%. It has been set at 9.9% since I opened the account. It is nice because if I can’t pay off the entire balance each month (which is something that I really try to do), it won’t end up costing me an arm and a leg.
The customer service department has also been great to work with. I can call them up any time and they are happy to answer my questions. Since I am paranoid about the smallest things, I have actually called the customer service department quite regularly. They have always been a pleasure to work with. It makes me feel even more confident and pleased with my choice to get the First Premier Bank MasterCard.
However, just like every credit card company, First Premier Bank loves to send notices and it is so important to read the fine print. Credit card companies are notorious for “fine print” notices. You can’t afford not to read these notices. If you don’t, you could be stuck with extra fees or rate increases. First Premier Bank is no different from all of the other credit card companies out there when it comes to delivering these lovely notices.
Overall, I have been pleased with my choice to sign up for the First Premier Bank MasterCard. If I wasn’t so paranoid and hadn’t been reading the fine print, my experience might have been different. But, that will be the same no matter which credit card company you choose to go with. First Premier Bank is a good choice for its customer service department, its low interest rates and its monthly reporting to the credit bureaus.