First PREMIER® Bank Classic Credit Card Reviews: Is It Worth It? (2024)Reviews, rates, fees, and customer service info for The First PREMIER® Bank Classic Credit Card. Compare to other cards and apply online in secondsJohn KiernanWalletHubQualify with bad creditDoes not require security depositHigh membership feesHigh Regular APRForeign fee
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Rebuild Damaged Credit by Paying in Full Each Month." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
We're sorry, but the First PREMIER® Bank Classic Credit Card may no longer be available to new applicants or we may no longer be able to obtain complete information related to this offer. For customer service call: 800-987-5521, Ext.
First PREMIER® Bank Classic Credit Card has a rating of 1.6/5 according to our proprietary credit card rating system. This rating reflects how appealing First PREMIER® Bank Classic Credit Card's terms are compared to a pool of more than 1,500 credit card offers tracked by WalletHub. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is 'Rebuild Damaged Credit by Paying in Full Each Month'. To break it down further, First PREMIER® Bank Classic Credit Card earned a score of 1.1/5 for Fees, 0.0/5 for Rewards, 0.7/5 for Cost, and 3.0/5 for User Reviews.
WalletHub Rating Breakdown
User Reviews
3.0/5
310 reviewsRead and write reviews
Market Comparison
Market Comparison
1.4
The Market Comparison is a key component of the WalletHub Rating, as it measures how appealing the terms of a card are compared to a pool of over 1,500 credit card offers monitored by WalletHub. To ensure cards are evaluated for their most relevant purpose, we score each card across various cardholder needs and select the rating for the need with the highest score, which is “Rebuild Damaged Credit by Paying in Full Each Month” for this card.
Fees
1.1
Rewards
0.0
Cost
0.7
Other Features
4.3
1.4/5
Compared against 1,500+ credit cards
KEY TERMS
Accepted Credit Scores
Accepted Credit Scores
Bad Credit
Fees
One-Time Fees→$55 - $95
Annual Fee→$50 - $125 1st yr, $45 - $49 after
Monthly Fee→$0 - $8 1st yr, $6.25 - $10.4 after
APR on Purchases
36%
First PREMIER® Bank Classic Credit Card's Additional Info
Based on your creditworthiness, this card requires a one-time up front Processing Fee of $55 - $95, to be paid in full before the Credit Account is opened. If the Processing Fee is not paid in full within 85 days, the application will be withdrawn.
Fees reduce your available credit. For example, if your initial credit limit is $300, your initial available credit will be only about $225, given the $75 Annual Fee that is charged on the card.
Based on your creditworthiness and credit limit assigned, this card’s annual fee could be $50 - $125 in the first year, $45 – $49 after.
Based on your creditworthiness and credit limit assigned, this card’s monthly fee could be $0 - $8 in the first year, $6.25 - $10.40 after.
Reports your credit history to the major Consumer Reporting Agencies.
Each time your Credit Account is eligible for and approved for an unsecured credit limit increase, a Credit Limit Increase Fee in the amount of 25% of the amount of the credit limit increase will be assessed to your Credit Account.
* We are not affiliated with or authorized by First PREMIER Bank. The information herein has not been reviewed or approved by First PREMIER Bank.
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Rebuild Damaged Credit by Paying in Full Each Month." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
User Reviews
3.0
Market Comparison
1.4
fees: 1.1
rewards: 0.0
cost: 0.7
Other Features: 4.3
2.0WalletHub Rating
WalletHub Rating
2.0
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Rebuild Damaged Credit by Paying in Full Each Month." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Editor’s Rating
1.5
User Reviews
3.0
Market Comparison
2.0
fees: 1.1
rewards: 5.0
cost: 1.2
Other Features: 4.7
1.8WalletHub Rating
WalletHub Rating
1.8
This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "Rebuild Damaged Credit by Paying in Full Each Month." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs.
Can't find what you are looking for? Submit your question about First PREMIER® Bank Classic Credit Card to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this offer. Please keep in mind that it is not a financial institution’s responsibility to ensure all posts and questions are answered. In addition, WalletHub independently collected information for some of the cards on this page.
The First Premier Bank Classic card credit limit isn't publicly available, however, reviewers report initial limits ranging from $200 to $300.
For example, if you have an initial credit limit of $300, after the setup fee of $75 is assessed, your available credit will be $225. It's a very expensive card.
You cannot use your First PREMIER® Bank Classic Credit Card instantly after approval. You have to wait for your card to arrive in the mail to be able to use it. This can take 7-10 business days after being approved for a new account.
You can get the First Premier Bank Classic card even with bad credit.
First Premier will also take other factors into consideration when looking at your application, such as your income, existing debts and overall creditworthiness.
Keep in mind that an application will result in a hard pull on your credit, which may lower your credit score for a short period of time.
You can check your First Premier Bank Classic credit card application status by calling 1-800-987-5521. First Premier asks that you wait 48 hours after submitting your application before calling to check your status.
Although anyone looking to apply for a First Premier Bank Classic credit card can do so online, the same cannot be said of getting application updates. However, according to First Premier Bank, you may get a decision within 60 seconds of applying.
The First PREMIER® Bank Classic Credit Card monthly fee is $0 - $8 1st yr, $6.25 - $10.4 after that. The card also charges cardholders annual fees: $50 - $125 for the first year, and $45 - $49 afterwards. In addition, new cardholders are required to pay a one-time fee to open an account.
Important First PREMIER® Bank Classic Credit Card Fees
Monthly Fee: $0 - $8 1st yr, $6.25 - $10.4 after that
Annual Fee: $50 - $125 1st yr, $45 - $49 after that
Yes, you can pay for a hotel room with your First PREMIER® Bank Classic Credit Card, as long as you have the available credit for it. In fact, you can use this card anywhere Mastercard is accepted. Just don't forget about the 3% foreign transaction fee if you plan on paying in another currency.
Share your insights and review for the First PREMIER® Bank Classic Credit Card
5
13%
4
17%
3
44%
2
15%
1
11%
3.0
310 reviews
310 reviews
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Samantha K B @katlinbrooks89
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5 Star Rating
Verified Customer
I love this card! It’s a small piece of mind just in case something comes up, unexpectedly.They said yes when everyone else said no!
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Comment
0
0
Heather A Seale @heather_ann8132
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5 Star Rating
Verified Customer
They gave me a second chance at a credit line even after the first time going so horribly. I'm thankful for the second chance for the $300 credit limit
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Comment
1
0
Miguel Ayala @M_ayala8
When u say second chance u mean u had Premier credit card before?
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Comment
0
0
Matt @mattm_15
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1 Star Rating
Verified Customer
High interest rates, monthly fee of $12 and yearly fee of $79. Total of $175 a year just in fees. Interest rate is still at 39%. Always on time with payment for over a year and a half, yet the monthly rate jumped from $8 to $12 monthly after the first year. They offered me a second account with the exact same high numbers for being in such a good standing since day 1. Company is a rip off and I am closing the account today!
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Comment
0
0
Eljon Williams Sr @eljonw_1
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4 Star Rating
Verified Customer
First Premier is a great credit card to get if you are trying to build and/or repair your credit. This credit will help you get back on the road to financial freedom.
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Comment
0
0
rinnebrandon484 @rinnebrandon484
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2 Star Rating
Verified Customer
I paid the $95 program fee and have a available credit for $225 how can i use it? I got told once i paid the program fee i could use the account. I went to the atm earlier and it wouldnt let me get any money
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Comment
0
0
lisa @LisaInCali
This blows my mind. You used $95 to pay for the privilege of using this card at an ATM to withdraw cash with a 36% APR and a minimum $10 for the withdrawal. So..... if you take out $20 bucks from an ATM, you're going to get a MINIMUM $10 fee on your statement, plus you will pay whatever fees that ATM charges. I am just shaking my head at this. This is why your credit is BAD. You don't understand how to use a credit card properly. NEVER use it to withdraw cash. NEVER.
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0
0
xcjones1219x @xcjones1219x
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1 Star Rating
Verified Customer
The card is easy to get. I was approved for a $300.00 limit. I paid my first bill way before it was due, and somehow I only have an available credit of 96.00? My payment shows on my account and has been removed from my bank account, so why isn't my available credit limit the $300.00?
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1
0
xxxxxxccss385 @xxxxxxccss385
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5 Star Rating
Verified Customer
I like First Premier Credit Card and I'm really enjoying my new MC I don't have nothing bad to say about card really appreciate this good I'm so happy I got approved just had paid 200 but they only took 50 that was great I just wanted this card now im happy I got it
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0
0
Peggy Dearman @peggy.l.dearman
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5 Star Rating
I first thought about the fee,, but after carefully thinking about it,, if it will help me get a credit card and rebuild my credit to use in my favor i would like to get one... When i keep my payments paid when they are due,, then i will be able to get advances to my card and rebuild my credit...
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Comment
3
0
Tina Molina @kris.molina.96
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3 Star Rating
I thought the annual fee was way high and that it could have been better. I also thought by them putting the fee on the card was a bit too much because you didnt get a full line of credit so when you got the card it was like you only had a limited amount on there before you can get the full credit that they offered to you. So I canceled my card since it was like I was paying even before I got to use it.
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Comment
5
1
Tashawn Richardson @misstashawnrichardson
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2 Star Rating
I have a credit card with first premiere credit card and i'm not so happy. I must say the initial process is easy. I had to pay $95 to activate the card and i received a credit limit of $175. I did not know that spending the credit limit too fast would negatively impact my score, but it did. There are annual fees and monthly fees that are a bit on the high side. I thought that getting a credit card and paying the bill on time was what helped increase my score, but there are so many rules and guidelines that I know now why people end up in thousands of credit card debt. I also do not like the fact that you have to pay a $4.75 online fee to use their services. You have some work to do.
* WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: First PREMIER® Bank Classic Credit Card
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