topic Re: Anyone have Data points for Premier America CU?? in Credit Cards

Anyone have Data points for Premier America CU??

jc2 — Mon, 07 Aug 2017 03:53:51 GMT

Hello all,

I am considering Premier America CU but having trouble locating data points on them. Anyone have any info??

Thanks much!

Re: Anyone have Data points for Premier America CU??

Anonymous — Mon, 07 Aug 2017 04:30:50 GMT

@jc2 wrote:
Hello all,
I am considering Premier America CU but having trouble locating data points on them. Anyone have any info??
Thanks much!

Hopefully Gallahad will see this posting. He is the only one that I know who has the PACU card.

Re: Anyone have Data points for Premier America CU??

AverageJoesCredit — Mon, 07 Aug 2017 12:06:00 GMT

+1 Dad, Galahad15 will save the day. If we say his name 3 times in a row he will come. So shall it be

Re: Anyone have Data points for Premier America CU??

jc2 — Mon, 07 Aug 2017 16:32:46 GMT

Here are a few items of info I was able to get by speaking to a csr this morning...

They pull Chex systems to join and SP EX Fico to see if they can offer any preapprovals upon joining.

Pers cc's go to 50k, pers LOC's go to 50k

Business cc's are 5k-35k and LOC's are from 1k-25k

I still need any additional data points available if anyone has any. I.e. how are they with BK. inquiries, new accounts, minimum scores for loan products, sp/hp for CLI's, max exposure and so on....

Thanks again

Re: Anyone have Data points for Premier America CU??

AverageJoesCredit — Mon, 07 Aug 2017 16:45:39 GMT

Are they geographically restricted?

Re: Anyone have Data points for Premier America CU??

jc2 — Mon, 07 Aug 2017 17:40:07 GMT

Not that I can tell

They have branches in CA and Houston Tx but anyone can join by supporting the named charity option....

Re: Anyone have Data points for Premier America CU??

Scupra — Mon, 07 Aug 2017 17:46:25 GMT

@AverageJoesCredit wrote:
+1 Dad, Galahad15 will save the day. If we say his name 3 times in a row he will come. So shall it be

@galahad15

Is that the 3rd time now?

Re: Anyone have Data points for Premier America CU??

galahad15 — Mon, 07 Aug 2017 19:39:45 GMT

Hello there They are not geographically restricted as far as I am best aware (I live in the DC area and was approved with no issues). IIRC, you need at least a Score 8 EX of 730 in order to qualify for their lowest rate of 7.5% fixed APR. Also if I am hopefully remembering right, I originally applied for their card by phone, because I don't believe I was able to submit an app online for it. I was approved with a SL of 2k, but was later given a CLI to 10k and then to $20k, both as SP inquiries. If you have any additional questions, pls feel free to ask

Re: Anyone have Data points for Premier America CU??

jc2 — Tue, 08 Aug 2017 15:09:44 GMT

Thank you!

Do you know if they are ok with BK still reporting and what minimum score threshhold is?

Re: Anyone have Data points for Premier America CU??

HeavenOhio — Tue, 08 Aug 2017 15:19:26 GMT

galahad15, given the limits on the cards in your signature, 2K looks to be really low. What were the limits like on your other cards when you first applied?

Also, how good is the online site for managing your card? When you make payments, do they post quickly and is your available credit restored promptly? How available is customer service? Is it 24/7 or something short of that?

Re: Anyone have Data points for Premier America CU??

galahad15 — Wed, 09 Aug 2017 18:09:25 GMT

@jc2 wrote:
Thank you!

Do you know if they are ok with BK still reporting and what minimum score threshhold is?

You're very welcome -- always glad to be able to help! On the other question about BK still reporting, very sorry but unfortunately I am not really sure about that Good luck & all wishes if you decide to app though!

Re: Anyone have Data points for Premier America CU??

galahad15 — Tue, 08 Aug 2017 17:09:10 GMT

@HeavenOhio wrote:
galahad15, given the limits on the cards in your signature, 2K looks to be really low. What were the limits like on your other cards when you first applied?

Also, how good is the online site for managing your card? When you make payments, do they post quickly and is your available credit restored promptly? How available is customer service? Is it 24/7 or something short of that?

At the time I applied, my limits on my other cards were somewhat lower than they are now (I don't think that back then I had any 20k CLs for example?). They had actually asked me in an open-ended manner when I applied what limit I would like, so at the time, just in case they were overly-conservative or strict on their UW criteria, I had asked for 2k which they granted. If I had to do it over again, I guess I probably would have asked them for at least a 4k SL instead of 2k?

I am pleased with the site, it is pretty intuitive and user-friendly, and payments do indeed post very quickly IME. As far as I am best aware, their customer service is 24/7. For making payments, I usually pay by making an external transfer from my direct deposit CU, which typically takes 2-3 days to process, although once the funds are transferred and you make a payment, the payment is arranged instantly. CL are restored very quickly once payment is made, based on my experience with them so far.

Re: Anyone have Data points for Premier America CU??

AverageJoesCredit — Tue, 08 Aug 2017 17:32:34 GMT

Good info Thanks G15

Re: Anyone have Data points for Premier America CU??

Anonymous — Tue, 08 Aug 2017 21:40:08 GMT

Yes, I work for Premeir America CU. The Premier Privileges Rewards Mastercard earns 1.5 points per net dollar spent and can be redeemed for cash back via account credits (translates to 1.5% cash back rate), or for gift cards, travel, merchandise, etc. Right now, a promotion is running for summer holiday-related merchant category codes (travel, restaurants, shopping and entertaintment) to earn 3 points per dollar (promotion will end Aug 31). New accounts get 10,000 bonus points when spending $500 in the first 90 days after account opening. We are about to eliminate our $4.95 fee for reward redemptions, and are lowering our minimum cash back redemption from $100 to $25, both changes having been prompted by feedback from this forum (waiting on our vendor to do these two things - hopefully any day now). There is no balance transfer fee when moving balances from another lender (a form for transfering the balance is available on our webiste at premieramerica.com - see Forms link at the very bottom of the homepage), and there is a 0% introductory rate for the first 6 months after account opening. No points are awarded for balances transferred. The rate is fixed (won't change) and can be anywhere from 7.5% (going up to 7.75% on Aug 29) to 17.25%, depending on creditworthiness at time of approval. Let me know if any other questions

Re: Anyone have Data points for Premier America CU??

Anonymous — Tue, 08 Aug 2017 21:55:32 GMT

Premier America serves many groups and geographic areas (primarily all of Los Angeles and Ventura Counties in California). For potential members outside those areas, we also serve any member of the Alliance for the Arts, where there is a $25 one-time fee to join (we can collect it from an applicant for a credit card and send it directly to the Alliance on your behalf).

Re: Anyone have Data points for Premier America CU??

jc2 — Tue, 08 Aug 2017 22:28:31 GMT

Thank you!

Do you know what the score threshold requirement is to qualify for loan products? also, any info re if BK is still on report?

Re: Anyone have Data points for Premier America CU??

Anonymous — Wed, 09 Aug 2017 18:49:35 GMT

Min FICO for current rates (just increased 25bps this week, applicable to new accounts only) are:

730+ 7.75%

700-729 9.25%

680-699 10.75%

650-679 14.25%

<650 17.25%

FICOs below 650 will likely need a cosigner. Past BK is not a factor in and of itself, as any delinquency prior to the BK is already incorporated in the score. And it's actually illegal to decline to lend based solely on the fact that there has been a BK.

Re: Anyone have Data points for Premier America CU??

jc2 — Wed, 09 Aug 2017 19:46:38 GMT

Great info and much appreciated!!

Re: Anyone have Data points for Premier America CU??

Anonymous — Wed, 09 Aug 2017 21:05:02 GMT

@jc2 wrote:
Great info and much appreciated!!

So.....are you going to apply?

Re: Anyone have Data points for Premier America CU??

jc2 — Thu, 10 Aug 2017 04:17:34 GMT

Yes. in about 4 weeks when my lower util has reported. I will post data points