What kind of credit card is Premier?

Your First Premier credit card limit will be $200 to $700 to start, depending on which card you get from First Premier Bank and your overall creditworthiness. First Premier will consider factors such as your credit history, income and debt when determining your credit limit.

For example, their secured offering - the First Premier Secured, will offer a limit of $200, but after the annual fee is charged you'll have $150 in available credit. After at least 12 months, you will be able to ask for an increase (up to $5,000) and you'll get charged a credit limit increase fee in the amount of 25% of the amount of the credit limit increase.… read full answer

For the other First Premier Bank credit cards, the unsecured ones, your credit limit could be anywhere from $300 to $1,000, depending on what First Premier thinks of your overall creditworthiness.

But, for example, if you’re assigned a $300 credit limit, you will have to pay a $95 processing fee before opening your account and then a $75 annual fee once you do, giving you just $130 in borrowing power to work with.

You can get a First Premier Bank credit card cash advance at a participating ATM, at a local branch, or by writing a check.

Ways to get a First Premier Bank credit card cash advance:

• At an ATM: To get a cash advance at an ATM, insert your card, then enter your PIN and choose the cash advance option. After that, enter the amount and acknowledge the fee disclosure. You can then withdraw the cash, up to the card’s available cash advance limit.… read full answer
• At a local branch: You can request a cash advance in person at a local First Premier Bank branch. Make sure to bring a government issued photo ID with you.
• By using a check: You could also write out a First Premier Bank cash advance check and use it like a traditional bank check.

What you should know about First Premier Bank credit card cash advances:

• Cash advances come with a high APR: The cash advance APR is either 36% or 19.9%, depending on the card. There’s no grace period on a cash advance so interest starts accruing right away.
• There is a cash advance fee: The fee for a cash advance is 5% (min $8). This is on top of any fees an ATM owner may charge.
• Cash advances require a PIN: To use a First Premier Bank credit card for cash advances at an ATM, you will need a PIN. If you didn’t create a PIN when you applied for the card, you can request one by calling customer service at (800) 987-5521.

Ultimately, keep in mind that cash advances are really expensive. So, it would be best to avoid using your First Premier Bank credit card for cash advances, unless absolutely necessary.

You can get pre-approved for a First Premier credit card if you fit the issuer's criteria and receive a mail offer. After receiving a mail offer, enter your confirmation number on First Premier Bank's dedicated web page to apply. If you can't find the letter with the enclosed confirmation number, you can click "Look up your confirmation number" on the same page to retrieve it. … read full answer

A pre-approval offer will only trigger a soft pull on your credit, but it doesn't guarantee you'll be approved. An actual application will result in a hard pull on your credit, lowering your score for a short period of time.