Just closed CreditOne and First Premier. Ugh.

[triedtogetacardandcouldnt]

Over my lunch break from work I closed my First Premier card and account. I had not used the card, so I'm hoping that means the annual fee will be gone, too. $175. Horrific. I don't know what I was even thinking.

Just now I called to close my CreditOne account too. That's been confirmed closed.

I logged into the First Premier account and it still says I owe something, but I'm hoping it all goes away by the next business day.

I REALLY dodged a bullet. I don't know what I was thinking getting those cards. Gross. Especially when I have my two Capital One cards, my BOA card, and my Paypal Extras Mastercard. I don't need those horrible rebuilder cards.

Folks, don't ever get these cards, and you won't have to go to the trouble of closing them. Thank goodness I made it easier on myself by not ever USING them.

[gdale6]

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@triedtogetacardandcouldnt wrote:

Over my lunch break from work I closed my First Premier card and account. I had not used the card, so I'm hoping that means the annual fee will be gone, too. $175. Horrific. I don't know what I was even thinking.

Just now I called to close my CreditOne account too. That's been confirmed closed.

I logged into the First Premier account and it still says I owe something, but I'm hoping it all goes away by the next business day.

I REALLY dodged a bullet. I don't know what I was thinking getting those cards. Gross. Especially when I have my two Capital One cards, my BOA card, and my Paypal Extras Mastercard. I don't need those horrible rebuilder cards.

Folks, don't ever get these cards, and you won't have to go to the trouble of closing them. Thank goodness I made it easier on myself by not ever USING them.

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Grats on getting rid of them and be sure to check that you dont owe them anything and when it shows 0 is owed I would print hard copy of that and keep it just in case.

[triedtogetacardandcouldnt]

Yup...I will keep that paper next to the paper showing a paid off collection of mine. lol.

[buildafico]

Closing my credit one card next week.

[ezdriver]

I have a CreditOne card with a $600 line. It has served its purpose in my rebuilding plan. I will eventually close it but I fail to see the "horror" that it poses being in my portfolio of cards. I put a small charge on it occasionally and the pay the bill in full when it arrives. Why is it so bad?

[triedtogetacardandcouldnt]

It's funny how I was talking about how I can't afford a secured card--but apparently I can afford a $175 annual fee? Please. Bleh.

Congrats on closing your crappy CreditOne too.

[Loques]

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@triedtogetacardandcouldnt wrote:

Over my lunch break from work I closed my First Premier card and account. I had not used the card, so I'm hoping that means the annual fee will be gone, too. $175. Horrific. I don't know what I was even thinking.

Just now I called to close my CreditOne account too. That's been confirmed closed.

I logged into the First Premier account and it still says I owe something, but I'm hoping it all goes away by the next business day.

I REALLY dodged a bullet. I don't know what I was thinking getting those cards. Gross. Especially when I have my two Capital One cards, my BOA card, and my Paypal Extras Mastercard. I don't need those horrible rebuilder cards.

Folks, don't ever get these cards, and you won't have to go to the trouble of closing them. Thank goodness I made it easier on myself by not ever USING them.

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+1. I would never recommend anyone to get these cards! There are better rebuilder/secured cards to try and get than either of these, and with less fees. I was excited to close My First Premier card a few years ago, but if I remember correctly, the AF wasn't nearly as high as it seems to be now. It's just ridiculous how they prey on people who think they have no other choice for a credit card.

[juniornj23]

i hate first premier 

but can someone explaim me why should i closes credit one bank 

i do have 1500 visa credit one bank  at 17% 

500 mastercard at  23% 

[Jeff532003]

What are your fees on those cards junior? Credit one has large fees on all their cards as far as I know. Are you sure your not thinking of Capital One?

[juniornj23]

 mastercard  is 60 dollars

visa was 125 but i call then one year later after i was approve and they kill 80 dollars 

now i try to get  better card i do have a capital one credit step   i applayed for another capital one but they say i have too many account with them 

so 

i want to closed my first premier bank

but i can not closes my credit one bank since this is my oldest card 

i try to put back my credit score where is belong