Complaint Review: First Premier Bank

Low interest hook; High payment Surprise; Zero compalint satisfaction .....

I have read the complaints about not reading the disclaimers. I do read them. However, I never got a chance to read First Premiers'.

I received a letter from First Premier Bank thanking me for applying for their low interest credit card and telling me it would be sent as soon as I satisfied them, by enclosing a paycheck stub, w-2 or other item to prove my employment income.

Well thinking I applied to them for a credit card, as I had applied to a few banks to re-establish my poor credit; I sent the information and soon received my card. It had a $350 Credit limit. Not much, but I am rebuilding, remember.

Then I received the monthly statement. $193.95 WOW! Well. I immediately read the disclosure I received with the card. WOW, the Fees are huge! So, I followed the disclosure instructions (VERY IMPORTANT) for canceling the card and did so.

I have made mistakes in my life, but I am sure I did not apply for a First Premier Bank Credit Card. I can only surmise that they purchased my name from a looking for credit mailing list and sent me an unsolicited approval letter.

Beware

Wayne
Bradenton, Florida
U.S.A.