First Premier Bank Informative - My Experience With First Premier Bank

Review by goodgirl on 2008-03-22
I received an offer for an unsecured Mastercard through first premier bank. I did not have good credit so I thought this would help me start rebuilding it. After paying all their fees my card with a 250.00 limit was activated. The fees left me with an available 70.00 limit the first month. I charged that much and promptly paid the bill on their telephone automated system. I was told that there was a 7.00 fee to pay check by phone. The payment of 77.00 was accepted.When I tried to use my card the following day it would not go through. I called the company and was told my card had been cancelled because overpaying on the acct could mean fraudulent activity. It was overpaid by 7.00; their check by phone fee! I stopped payment on my check immediately but because they would not remove it from my credit report I wound up paying it anyway. THIS COMPANY IS A SCAM! They are in the business of taking you money and not really giving you any credit at all.

When I told a lady that works at my bank what happened she said that they get tons of complaints about first premier bank. Please people, if you don't want to get screwed, avoid this bank.
Comments:2 Replies - Latest reply on 2008-03-24
Posted by *Brenda* on 2008-03-22:
Why would you stop payment on the $77.00 if you charged $70.00?
Posted by LaurelKitten12345 on 2008-03-24:
If you want to make First Premier pay attention to these complaints, then as a group we all need to file complaints against them with both the Attorney General's Office of South Dakota and your state's Attorney General's Office. This is how the New York city lawsuit began that caused them to have to pay $4.5 million to people they defrauded. They won't pay attention until you complain to agencies that will actually go after them. Here is the Attorney General of South Dakota's website. Just click complaint and file it. When they get numerous ones they will take action.

Also it does not hurt to file a complaint with the Comptroller of the Currency and the FDIC.

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