topic Re: Closed First Premier in Credit Cards

Closed First Premier

Anonymous — Mon, 28 Feb 2011 00:35:38 GMT

I finally got rid of First Premier. I was stuck at a $250 limit, and the fees were just ridiculous. They offered to pay the fees for six months or whatever, but I decided to go ahead and get out while the gettin' was good. It feels good to ditch that card.

Re: Closed First Premier

Anonymous — Mon, 28 Feb 2011 00:38:31 GMT

I bet it feels great!

Do you have any other open revolving accounts?

Re: Closed First Premier

Anonymous — Mon, 28 Feb 2011 02:18:28 GMT

Yes, I have a Home Depot CC with a $2,000 limit, a new credit union CC with a $3,000 limit, and a HSBC CC with a $720 limit. I know it's not great, but we're still working on rebuilding (or really, just waiting for old baddies to fall off). All of our history for the past 2-3 years is positive.

Re: Closed First Premier

vish1 — Mon, 28 Feb 2011 02:30:31 GMT

Nuked FP, yay, way2go

Re: Closed First Premier

Anonymous — Mon, 28 Feb 2011 15:26:22 GMT

@Anonymous wrote:
Yes, I have a Home Depot CC with a $2,000 limit, a new credit union CC with a $3,000 limit, and a HSBC CC with a $720 limit. I know it's not great, but we're still working on rebuilding (or really, just waiting for old baddies to fall off). All of our history for the past 2-3 years is positive.

It IS great! Congratulations!

Very wise to shut down FP.

Re: Closed First Premier

vish1 — Mon, 28 Feb 2011 17:35:45 GMT

I was wondering what to do with that piece of plastic now, here is my suggestion (applies to all orchard, FP cards):

Go to a store like crate & barrel and get a good knife
Cut the card into atleast 100 small pieces and then use a hammer to bang the pieces a few times
Pack them all very carefully into a plastic bag and seal properly (re-verify that you din't drop any pieces anywhere at your home)
Carefully carry the bag to your car and drive atleast 1 mile in any direction
Find a trash can and dump the plastic bag containing the pieces of the card
Go back home and take a deep breath (dancing for a few minutes is not a bad idea either)

Re: Closed First Premier

Anonymous — Mon, 28 Feb 2011 17:42:22 GMT

@vish1 wrote:
I was wondering what to do with that piece of plastic now, here is my suggestion (applies to all orchard, FP cards):

Go to a store like crate & barrel and get a good knife
Cut the card into atleast 100 small pieces and then use a hammer to bang the pieces a few times
Pack them all very carefully into a plastic bag and seal properly (re-verify that you din't drop any pieces anywhere at your home)
Carefully carry the bag to your car and drive atleast 1 mile in any direction
Find a trash can and dump the plastic bag containing the pieces of the card
Go back home and take a deep breath (dancing for a few minutes is not a bad idea either)

You should frame it. it is like art in a way. You paid a lot for it. It has no utility value.

Re: Closed First Premier

FicoScore626 — Mon, 28 Feb 2011 17:44:44 GMT

@Anonymous wrote:
Yes, I have a Home Depot CC with a $2,000 limit, a new credit union CC with a $3,000 limit, and a HSBC CC with a $720 limit. I know it's not great, but we're still working on rebuilding (or really, just waiting for old baddies to fall off). All of our history for the past 2-3 years is positive.

Are you kidding me, that's fantastic! I'm hoping to someday work my way up to a $3,000 credit limit.

And congratulations on ditching First Premier. July will be my second anniversary with them and I can't wait to give them the pink slip before the annual fee is due.

Re: Closed First Premier

vish1 — Mon, 28 Feb 2011 17:44:52 GMT

@Anonymous wrote:
@vish1 wrote:
I was wondering what to do with that piece of plastic now, here is my suggestion (applies to all orchard, FP cards):

Go to a store like crate & barrel and get a good knife
Cut the card into atleast 100 small pieces and then use a hammer to bang the pieces a few times
Pack them all very carefully into a plastic bag and seal properly (re-verify that you din't drop any pieces anywhere at your home)
Carefully carry the bag to your car and drive atleast 1 mile in any direction
Find a trash can and dump the plastic bag containing the pieces of the card
Go back home and take a deep breath (dancing for a few minutes is not a bad idea either)
You should frame it. it is like art in a way. You paid a lot for it. It has no utility value.

I got no FP/Orchard, this was a suggestion for OP.

I just realized now, that I did not make myself really clear.

Re: Closed First Premier

Anonymous — Mon, 28 Feb 2011 17:54:22 GMT

@vish1 wrote:

@Anonymous wrote:
@vish1 wrote:
I was wondering what to do with that piece of plastic now, here is my suggestion (applies to all orchard, FP cards):

Go to a store like crate & barrel and get a good knife
Cut the card into atleast 100 small pieces and then use a hammer to bang the pieces a few times
Pack them all very carefully into a plastic bag and seal properly (re-verify that you din't drop any pieces anywhere at your home)
Carefully carry the bag to your car and drive atleast 1 mile in any direction
Find a trash can and dump the plastic bag containing the pieces of the card
Go back home and take a deep breath (dancing for a few minutes is not a bad idea either)
You should frame it. it is like art in a way. You paid a lot for it. It has no utility value.
I got no FP/Orchard, this was a suggestion for OP.

I just realized now, that I did not make myself really clear.

I think putting Orchard with FP is not reallly fair. FP is far worse with it fees. Orchard is a decent starter card for people with bad credit. IMO, there is no justification for getting FP card now.

Re: Closed First Premier

vish1 — Mon, 28 Feb 2011 17:55:48 GMT

@Anonymous wrote:
@vish1 wrote:

@Anonymous wrote:
@vish1 wrote:
I was wondering what to do with that piece of plastic now, here is my suggestion (applies to all orchard, FP cards):

Go to a store like crate & barrel and get a good knife
Cut the card into atleast 100 small pieces and then use a hammer to bang the pieces a few times
Pack them all very carefully into a plastic bag and seal properly (re-verify that you din't drop any pieces anywhere at your home)
Carefully carry the bag to your car and drive atleast 1 mile in any direction
Find a trash can and dump the plastic bag containing the pieces of the card
Go back home and take a deep breath (dancing for a few minutes is not a bad idea either)
You should frame it. it is like art in a way. You paid a lot for it. It has no utility value.
I got no FP/Orchard, this was a suggestion for OP.

I just realized now, that I did not make myself really clear.

I think putting Orchard with FP is not reallly fair. FP is far worse with it fees. Orchard is a decent starter card for people with bad credit. IMO, there is no justification for getting FP card now.

I agree, my process should be called designed for FP, may work on some orchards too. Fair?

Re: Closed First Premier

Anonymous — Mon, 28 Feb 2011 18:03:46 GMT

Congratulations on dumping FP, This is one of the best milestones a person can reach, in my opinion. Having a FP card made me a religious person, only because I hope there is a Hades their mercenary souls can be consigned to for eternity, an eternity of 78% interest and charges to pay their own bill.

Re: Closed First Premier

Open123 — Mon, 28 Feb 2011 20:14:34 GMT

@Anonymous wrote:
Congratulations on dumping FP, This is one of the best milestones a person can reach, in my opinion. Having a FP card made me a religious person, only because I hope there is a Hades their mercenary souls can be consigned to for eternity, an eternity of 78% interest and charges to pay their own bill.

Hahaha...This cracked me up!

FP has accomplished what not even years of conflict and enduring spiritual debates could not--push the individual dissenter into the arms of organized religion.

Re: Closed First Premier

Anonymous — Mon, 28 Feb 2011 20:47:42 GMT

who said religion has to be organized?. Myself, i prefer the spiritual aspects of chaos, much like trying to make sense out of the terms of of a FP account. or waiting for a random miracle, like a cli from FP!

Re: Closed First Premier

Anonymous — Mon, 28 Feb 2011 21:17:32 GMT

@Anonymous wrote:
I finally got rid of First Premier. I was stuck at a $250 limit, and the fees were just ridiculous. They offered to pay the fees for six months or whatever, but I decided to go ahead and get out while the gettin' was good. It feels good to ditch that card.

CONGRATS!!! I'll bet it feels really good!

Re: Closed First Premier

Anonymous — Mon, 28 Feb 2011 22:31:33 GMT

I wish I could get rid of this card as well. Unfortunately my score is not very good right now and will have to wait this out. My interest is only 9.9% on my card but the monthly fee and annual fee make this card a pain to use. I have had the card for 14 months now with perfect payment history. Hopefully when I reach the 600's I can get a better card and dump these guys.

Re: Closed First Premier

Anonymous — Tue, 01 Mar 2011 01:51:07 GMT

I closed two FP cards this year also, it feels good doesn't it? Next on the list is Orchard

Re: Closed First Premier

Anonymous — Tue, 01 Mar 2011 19:14:25 GMT

@Anonymous wrote:
I closed two FP cards this year also, it feels good doesn't it? Next on the list is Orchard

GOOD FOR YOU. I closed mine the day I got it.

@Anonymous wrote:
I closed two FP cards this year also, it feels good doesn't it? Next on the list is Orchard

I never thought Orchard was so bad though. Gave auto

CLIS. Lot better than HSBC card.

Re: Closed First Premier

Anonymous — Tue, 01 Mar 2011 22:08:49 GMT

@Anonymous wrote:
who said religion has to be organized?. Myself, i prefer the spiritual aspects of chaos, much like trying to make sense out of the terms of of a FP account. or waiting for a random miracle, like a cli from FP!

Eris would be very amused!

To the OP... congrats on dumping FP! I can't wait to do the same!!!

Re: Closed First Premier

Anonymous — Wed, 02 Mar 2011 07:33:18 GMT

About to close mine in another day or two. Just waiting for my balance to update. Feels good to finally get rid of this starter card!