The fees for credit cards are something you should know before you apply. The credit limit you choose determines how much these fees. You can typically choose between $300 to $700. The interest rates are also important to consider. You might also want to look into the grace period.
Pre-qualification can be a good indicator for credit card approval
You must first be pre-approved to apply for a First Premier Bank credit cards. To pre-qualify you will need to provide the issuer with your full address and your last four digits social security number. The link to the issuer's website will allow you to search for a prequalification offer. After you have received your pre-qualification, you will need a bank application. The process is fast and easy, and the process can be completed in as little as 60 seconds.
Pre-qualification will help you ensure you are approved for credit cards if you are interested. When applying for a credit card, pre-approval is an indication that the credit card issuer has reviewed your financial and credit history and given you the thumbs-up. There are many credit card companies that offer pre-qualifications. You can apply for one to increase your chances of approval.
Installation and maintenance fees
The set-up and maintenance fees for First Premier Bank credit cards can be high, depending on your credit limit. Annual fees can be anywhere from $120 to $174. You'll also be subject to 3 percent foreign transaction fees and late payment fees. A monthly $29 fee will be added if there is an authorized user to your account. If you need to raise your credit limit after 13 months, you'll pay a fee equal to 25 percent of your new limit.
First Premier Bank in South Dakota is a community bank that offers both personal and commercial banking products. It is the thirteenth largest US issuer of MasterCard brand credit card cards. There are many other banks that offer lower credit card deals. First Premier Bank's credit card setup and maintenance fees can be compared to other banks to see if you are able to avoid them.
Interest rates
First Premier Bank credit-card interest rates can be higher than most other cards. These credit card interest rates average 36% annually (APR), the highest rate any legitimate lender can charge. This rate is lower than the rates that were previously available, which could have been as high as 79.9% in purchases and as high as 59.59% for cash advances. It doesn't offer a introductory APR on balance transfers or new purchases, as many credit card companies do.
First Premier Bank is based in South Dakota and has been around for over 90 years. It is one among the 20 largest MasterCard issuesrs in the U.S. The bank has received four Mastercard Performance Excellence Awards. The credit card issuer collects payment information from the three credit agencies and charges a foreign transaction fee of 3%. You will also need to pay a security deposit and an $8/5% fee for cash advances.
Grace period
First Premier Bank offers an extended grace period of 27 day after you have made a purchase using your card. The grace period ends on the first of each billing cycle. This gives you plenty of time to pay off your balance. You'll be able avoid interest and other fees during this grace period while maintaining a high credit score.
The credit card's monthly fee is 36%. This is more than double the national norm. An additional set-up fee up to 95 Dollars will apply. Lastly, if you don't pay the minimum balance within eighty-five days, your credit card application could be denied.