First premier bank
First Premier Bank ripoff Sioux Falls

Avoid first premier bank at all costs; deceptive company!!...

I recently cancelled my First Premier Bank Visa card, which for some reason I retained for more than three years. Mine was a secured card, which I obtained because I erroneously thought that I was not eligible for unsecured credit. I was charged an over twenty percent interest rate for access to my own money, coupled with over one hundred dollars in initial fees, and seventy dollars in annual fees.

I was not notified when the annual fees would be applied to my account, and every time they were applied it put me over my "credit" limit, and I was charged an additional forty dollars. I paid off my "balance" in full before my wife and I went on our honeymoon, only to find that the money would not be availabe to me until two weeks after i made the payment.

As a result, we were stranded 1500 miles from home with no money, needless to say First Premier was not in the least bit sympathetic. I obtained this card because I thought it would help my credit, but after three years of faithful payments it had not done a damn thing to repair my credit.

Upon cancelling my card, with sixty dollars available of my initial investment, I was notified it would take sixty to ninety days to recieve the balance owed to me. My experience with First Premier Bank has been an absolute nightmare, and I hope this message reaches at least one person thinking about obtaining a card from them. Two years ago I obtained an unsecured card from Cross Country Bank, with my shoddy credit, and have been very happy with it.

Tim
grand haven, Michigan

Company: First premier bank
Country: USA
State: South Dakota
City: Sioux falls
Address: po box 5524

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