topic Re: First Premier Bank in Credit Cards

First Premier Bank

Chaos122 — Wed, 29 Dec 2010 02:30:39 GMT

I was wondaring weather i should cancel my First Premier Bank card. Im getting sick of the $7 monthly fee.. They agreed to help with the $48 anual fee to keep me from canceling, but the monthly fee alone adds up to $84 a year.

Its my oldest card and ive had it for almost 2 years, Since then ive gotten a few other cards which are crappy but still better than this one. Would you guys advise that i close it or leave it open. It wont really hurt my utilization since it only has a limit of $200, and i dont usually carry a balance on my other cards

Is there any reason i should hang on to this card, Let me know what yall think

Re: First Premier Bank

DI — Wed, 29 Dec 2010 02:36:37 GMT

@alberty2k wrote:
I was wondaring weather i should cancel my First Premier Bank card. Im getting sick of the $7 monthly fee.. They agreed to help with the $48 anual fee to keep me from canceling, but the monthly fee alone adds up to $84 a year.

Its my oldest card and ive had it for almost 2 years, Since then ive gotten a few other cards which are crappy but still better than this one. Would you guys advise that i close it or leave it open. It wont really hurt my utilization since it only has a limit of $200, and i dont usually carry a balance on my other cards

Is there any reason i should hang on to this card, Let me know what yall think

Are the other cards you have from a major bank? If so, there's no reason to keep paying FPB fees. The card will still appear on your credit reports for up to 10 years if you do cancel it.

Re: First Premier Bank

Chaos122 — Wed, 29 Dec 2010 02:38:11 GMT

I have 2 Cap One Cards, Orchard bank, and a couple store cards

Re: First Premier Bank

Anonymous — Wed, 29 Dec 2010 02:40:01 GMT

Great - you are well covered. Definitely time to close First Premier!

Re: First Premier Bank

DI — Wed, 29 Dec 2010 02:41:46 GMT

Keep all those accounts pristine. Close the First Premier account. It has served it's purpose already.

Re: First Premier Bank

mross1080 — Wed, 29 Dec 2010 04:54:50 GMT

I say get rid of it! First Premier has served its purpose and its time to move on.