First Premier Bank Even if you cancel the account , they will continue to charge you 14.50 a month as servicing fee until the balance is paid Sious Falls South Dakota
This bank will charge you late fee even if you pay on time online, they will always delay the payemnt for the followign day. So, if your payment is due tomorrow, you need to pay it online today. Their rate is so high, the fees are so high and when I closed my account and continued to pay my balance on time, they were charging me 14.50 a month , every month for a fee they call Monthly Service Fee, this is in addition to the high interest rate they charge. These people are worst than a loan shark and the sad part that the Government is allowing them to do it . Don't do business with this bank, avoid this company at all cost.
2 Updates & Rebuttals
Mo Yousef
Kirkland ,Washington,
This is not True.....
#3Author of original report
Fri, July 12, 2013
What's about the 14.95 monthly fee that you charge every month even if the account is closed and he payment are paid on time? I have the statements to prove it. Would you explain to the consumers why are you charging that amount in addition ot the high rate and yes, you do charge late fees when people pay on due time online. Please explain the 14.95 a month fee ...?? This bank is nothing more than a licensed Loan Shark. Avoid it at all cost.
Julie at PREMIER Bankcard
Sioux Falls,South Dakota,
Response from First PREMIER Bank
#3UPDATE Employee
Thu, July 11, 2013
First PREMIER Bank specializes in offering credit cards to people with damaged or no credit and the annual percentage rate and fees are fully disclosed at the time of application.
Late Fees are assessed when a payment is not received by the due date. As indicated on the credit card statement, we must receive your payment on or before the due date indicated on the statement. Payments received before 5:00 p.m. Central Time are credited as of the date received.
If we can answer any questions about your account, please contact me directly at JulieGilson@premierbankcard.com. Be sure to include your name, address, and telephone number in your email. Thank you.
Julie Gilson
Directing Officer, Business Communications