I just received a pre-approval offer from First Premier. 9.9 fixed. The fee's are crazy. set-up fee 29.00, program fee 95.00, annual fee 48.00, participation fee 72.00(6.00 a month). Has anyone had any luck with First Premier with waiving these fees. How about a BT? Would they waive fees then? Cards I have now: Providian: Getting ready to pay-off(WTF on the 29.9) Never been late 3 Capital One Gold cards All paid on time for over 12 months. Would this First Premier card hurt or help me. I'm looking at buying a house in 6-8 months. I would not really charge anything except daily items to show a history. Any advice is greatly appreciated. THANKS!!!
Kozman, You'll find that Planetfeedback is an excellent resource to find out about others' experiences with a company. When looking to see which credit cards had good customer service and which ones gouged customers or ruined their credit quickly, I went to PFB, chose 'credit card industry', and it displays both complaints and compliments. You can almost guarantee that those fees equal bad news. I was horrified by the feedback on Providian. I can't believe that they will be able to stay in business much longer charging people almost 30% interest.
A few hundred dollars more and I'm through with Providian. I can get cheaper money from a loan shark. I just want to find out if I can transfer my balance from Providian to this First Premier and have 1st Premier waive those BS fees. Thanks, I'll try PFB....
I got one from them and in the fine print they state we do not extend credit. You build up a balance in your account and slowly increase your available funds. It was $15/mth minimum payment. I believe $7 went to fees and $8 to build your "avaiable balance" Sounds like a savings account that charges you interest.
NO FIRST PREMIER IS NOT WORTH IT. 1) UGLIEST DINOSAUR GREEN CREDIT CARD ON THE PLANET 2) CHARGES WAY TO MUCH IN MONTHLY FEES AND START UP FEES. 3) STUPID REPS 4) YOU CAN DO BETTER but that is just my opinion.
Run, don't walk, away from that Premier offer. They stuck me with several months of derogatory info on my credit report for absolutely no reason-- and then refused to do anything about it until I started screaming "LAWSUIT." Customer service SUCKs at Premier>> the reps have no power to help the customer. Fees are outrageous-- the APR on my card was decent, but only after I pulled teeth to get it reduced. CL increases are virutally unheard of. No... they are definitely not worth it.
I hope mt previous reply wasn't misunderstood. I'm chucking the offer, not the advice, out the window
Well, I'm going to go against the grain here. When I started rebuilding, I got the 1st Premier card. Over a years time, they have eliminated all fee's, lowered the apr to 9.9% for ever, and given me a line increase. I have had no problems with them and although I am now in prime land, I am keeping this one because they were very good to me when I had terrible credit.
I have to go with LKH I never had a problem with 1st Premier. I've had them since 11/99 and they eliminated all fees and lowered my apr to 11.9%(I haven't called in a while maybe I can get 9.9%) and I get about two increases a year. I have conditioned myself to pay the bill ever month so I haven't paid intrest on that card since 10/00. I keep the card around to pay for gas and credit reports, hehehe. My higher limit, prime cards are too young (13 months) for me to close a perfect history some what older account just because it's a ugly card. Now that they have online access I think they are stepping up just a bit. Just my two cents.
Just out of curiosity, does anybody know what the highest possible unsecured cl is with 1st Premier? wajaba
