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First Premier Bank Credit Card Review
Upon first visit to the First Premier Bank’s website, I immediately liked the site design and the big sun glasses that greeted me. They set my mind into holiday mode which in turn made me want to look at what kind of credit cards were available.
I see it already, sun, sea and sand
. I could book a well deserved break once I am successful with my First Premier Bank Credit Card Application.
But website design is not a good enough reason to choose a credit card, so let’s see what features and benefits First Premier Credit Cards has to offer.
When you submit your credit card application, it will take you all of 60 seconds to know your fate, if you are a busy person, (and who isn’t) or like me, you want to book that vacation fast, you know how good this feature is.
Bad credit? No problem, if you have less than perfect credit your application is still welcomed.
The APR on purchases is 9.99%. This is an excellent rate, the website did not say if this rate is adjustable based on credit history but it seems so competitive, I tend to think that the lower your credit score the higher the rate. If this is not so, then you are on to a real cracker.
The cash advance APR is19.9% which is fair enough, after all it is a credit card and should not be used as a debit card.
You should be aware of the Penalty APR on purchases though. If you miss your due dates twice in any six month period or for two consecutive months, your APR would increase to 19.9% and will remain at that rate until you pay your bill on time for 3 consecutive months. The clouds are beginning to roll in on this offer.
If you think a bit of cloud is bad, when you see the fees attached to this card, those clouds would really bring the rain down.
On receipt of your card, your limit would be a minimum of $250. Then comes the fees: Annual fee $48 Account Set up fee $29 Program fee $95 Participation fee $ 6 monthly Additional card fee $20 per card Internet Access Fee $3.95 once you sign up for the service
Most of the fees are added to your account from day one and it would reduce your available credit. When all is said and done, you could actually end up with an available limit of as little as $52 depending on which fees apply to you.
WOW! How far can $52 get me? My local Days Inn?
Based on these features, the First Premier Bank Credit Card operates a lot like a bad credit credit card. But on the plus side, once you pay your bills on time you would benefit from the competitive 9.9% APR.
I would definitely explore some other options.
To determine if this offer is the best you can get (and I sure hope it isn’t), compare other bad credit credit cards and see what they have to offer before making your final decision. It could be that your credit history is ok, so check out the vast range of credit card offers that do not carry so many fees.
Chevron Credit Card – A Fantastic Credit Card For Any Gas Guzzler
If you are in the market for gas credit cards, Chevron has some tempting offers that you may want to take a look at.
Do you want to earn 10c on the gallon from all you electronic gas purchases for the next 12 months?…. Yes?…. O.K, you’re in luck. Just apply for the Chevron basic card and it’s a done deal.
To help convince you even more, take a look at the other benefits:
No annual fee Revolving credit terms so you can manage your money better Itemized statements so you can track your expenses
I would love to add a very attractive APR to my tempt list, but the variable rate is 21.25%, which could be deemed as high depending on the APRs on your existing credit cards.
So let’s look at the second offer in the Chevron range and see if I could bring you round.
This card is the Chevron Premium card and there is an annual membership fee of $25, but compared to the benefits you’d realise the fee is quite minimal.
Here’s what you’ll be entitled to:
50% lodging discounts Airline and car rental cash backs Travel insurance 5% – 50% travel savings
The APR for the Premium card is not found on the website, which is unfortunate because I believe in giving you full transparency so that a well informed decision can be made. For now we will hazard a guess that it will not be more than 21.25%
I have one more option to show you which is the Chevron Business Card. As the name suggests, this card is most beneficial to businesses and can be used to purchase most everything sold at Chevron outlets, from tires to snacks.
The benefits to the business owner are:
Enjoy more control over vehicle expenses Lower your administrative costs Simplify budgeting Two different ways you can receive your monthly statements Increase security
The benefits go on and on, if you want to see them all, you can visit