First Premier Bank Undisclosed limit on credit card was nearly All used by amount of ridiculous fees before I ever received the card!!! Fees so high it left very little to use!! Why bother?!? Sioux Falls South Dakota
I applied for a card online for people with poor credit and was quickly approved. The credit limit was undisclosed until I actually received the card which was $300. The fees were so riducoulous one fee of $178 and another $7.00 just to register the account online which left very little to use. Why bother to get a card that charges nearly all that is available before you even get to use it?!? I called to cancel the card and explain my concern only to be pressured into keeping the card if they could increase my limit by $100 or reduce fees by $80. Still outrageous cost for fees I believe!!! So I had to insist this account be closed immediately. Therefore it cost me a total of $185 for NOTHING or just to apply for a card!! BIG MISTAKE!!!!! I believe this is taking advantage of people with poor credit, NO Doubt!!!
Kimbo
Spruce Pine, North Carolina
U.S.A.
1 Updates & Rebuttals
Edgeman
Chico,California,
U.S.A.
You approved of all of those fees when you applied for the card
#2Consumer Comment
Tue, July 29, 2008
First Premier Bank is a high priced alternative for people with bad credit. No argument there.
However, they do disclose every fee that they are going to charge you. There is no rip-off here.