Sadly, we had a First Premier card years ago shortly after a BK. I remember being approved for like $300 and immediately had almost $250 of annual fees, service charges, etc. on it by the time it actually arrived.
I live in North Dakota (and previously in Wyoming) which borders FP's home state of South Dakota and know a lot of people from South Dakota. Believe it or not, First Premier has a golden reputation in their home state. They give a lot of money away to charity, they've given a lot of money to state schools and universities, and generally do a lot for their community. The Brick and Mortar Bank associated with the credit card issuer has a better reputation among their customers than almost any bank I've dealt with (ie. Wells Fargo and Bank of America customers tend to hate dealing with their bank). Looking at First Premier Banks checking/savings accounts, they have little in the way of fees. At first, it was kind of funny and weird seeing people give me their First Premier debit cards or their First Premier Corporate cards where I work because many of those people look upper-middle class or above (I don't think they issue any credit cards to "their" customers).
I have a good friend (okay, a really cute blond girl who I'd like to know better) who banks with them. We once had a conversation about FP and I mentioned their reputation among the credit card community and she said South Dakotans love First Premier Bank. I kind of get the impression that SD peeps know their credit card division is crooked, but because of their philanthropy they look the other way. So I guess they're okay with screwing over people in the other 49 states if it helps them.
So on behalf of people in the other Dakota... thank you Xorand for helping build the Denny Sanford Premier Center, a state of the art arena, as well as numerous other buildings...
In my Wallet:
Sometimes in my Wallet:
- Amex PRG NPSL[3-14, bd 91]
- Sallie Mae MC $8000[1-14]
- Chase Freedom $4700[1-14]
- Discover It $2750[8-13]
- BoA UCF Alumni Cash Rewards $5000 [3-15]
- GM BuyPower WEMC $5000[9-14]
- Wells Fargo Propel 365 Amex $7000[4-14]
- Barclaycard Arrival WEMC $7000[3-14]
- BoA Better Balance $3000[2-15]
In my sockdrawer: Amex BCE $1000[10-13, bd 91], OCCU Duck $10000 [11-13], The Sportsman's Guide Visa $8000[8-14], Chase Slate $4000 [9-14]Delta Gold Amex $2000 [2-15 bd 91], Diners Club MC $20000 [10-14] Commerce Bank Visa $2000 [3-15] Citi Double Cash $1000 [3-15]
Total CL: $90450