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Contributor
Posts: 79
Registered: ‎04-28-2009
0

Difference in the First PRemier Cards

IS there any difference with the first premier cards? IT seems everything is the same except the image on the card?
Frequent Contributor
Posts: 488
Registered: ‎04-09-2008
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Re: Difference in the First PRemier Cards

The difference- one is junk and the other is JUNK. Stay away fron them at all costs- you will be paying fees for a low liit card that will probally not grow. Follow my advice in this thread:

 

 

http://ficoforums.myfico.com/fico/board/message?board.id=creditcard&message.id=151556#M151556

Established Contributor
Posts: 618
Registered: ‎01-04-2009
0

Re: Difference in the First PRemier Cards

I got a "pre-approval" notice in the mail for this card a few weeks ago.  Just look at the fine print! :smileysurprised:

Available Credit and Cash Advance Limitations: The initial minimum credit limit will be at least $250.00 and the following fees will be billed to your first statement: Account Set-Up Fee of $29.00, the Program Fee of $95.00, the Annual Fee of $48.00, the Additional Card Fee of $20.00 per card (if applicable) and Monthly Servicing Fee of $7.00. These fees will reduce your available credit until they are paid. If you are assigned the minimum credit limit of $250.00 your initial available credit will be $71.00 ($51.00 if you select the additional card option).

Ridiculous!
                    
    $17.3K          $500              $7K              $15K              $5K             $2300          $3200          $2000          $1500          $1000           $8100

Garden Since: 9.25.2013
Established Member
Posts: 17
Registered: ‎05-29-2009
0

Re: Difference in the First PRemier Cards

I used to have First Premier and I realized that after all the fees they take out you don't have much left for yourself. Be leary of those credit cards that make you pay a fee as well in order to receive your card as well.
CAC: ConFuzed About Credit
Senior Contributor
Posts: 3,670
Registered: ‎01-10-2008
0

Re: Difference in the First PRemier Cards

piling on excessive fees on the front end of a cc will soon be illegal.  somebody had to stop them.  there are almost always better options to pursue as moondog indicates.
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