Premier credit cards are secured and unsecured cards for people with damaged credit that are issued by First PREMIER Bank and operate on the Mastercard network. Most First PREMIER credit cards have high regular APRs and come with costly fees, making them some of the most expensive offers on the credit card market.
A notable First PREMIER Bank card is the First PREMIER® Bank Mastercard Credit Card, which is an unsecured credit card for people with bad credit. The First PREMIER® Bank Mastercard Credit Card comes with many fees, starting with an application processing fee of $55 - $95, assessed before account opening. The card also has an annual fee of $50 - $125 for the first year and $45 - $49 thereafter. On top of that, there is also a monthly fee ($0 - $8 1st yr, $6.25 - $10.4 after).
It’s also worth noting that other credit card companies offer “Premier” cards, too. Issuers often use the name “Premier” to indicate a high-end credit card, though that is not always the case.
Popular Premier Credit Cards
Ultimately, the name “Premier” by itself does not reveal much about the quality of a credit card. Instead, you should be paying the most attention to interest rates, fees and rewards. If you are in the market for a new credit card, you can easily compare the latest credit card offers for your credit level on WalletHub.
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