Premier Bank Card Mastercard full review
Develop a stronger credit history by utilizing the Premier Bank Card Mastercard and transition to a higher level in your financial journey.
Discover the Premier Bank Card Mastercard: Your Path to Credit Building
PREMIER Bankcard believes in the power of second chances. As a trusted partner to millions of customers, it offers credit cards to people who are building credit for the first time or need an opportunity to rebuild credit.
As a PREMIER Bankcard cardholder, you’ll have various options to efficiently manage your account digitally, receive regular free FICO Credit Score updates, and gain access to an award-winning US-based customer service team that prioritizes your needs.
When it comes to building credit, the process is straightforward: keeping your balance low and paying your bills on time each month is key.
If you’ve recently faced financial difficulties or unexpected expenses, don’t worry, there is always a light at the end of the tunnel. Keep reading to find out if the Premier Bank Card Mastercard is the right credit card for you.
How Does the Premier Bank Card Mastercard Work?
Once you become a Premier Bank Card Mastercard customer, you can start building your credit by making timely payments. Your payment history accounts for 35% of your credit score, according to FICO.
Premier Bankcard reports your credit card activity to the major credit bureaus (Experian, Equifax, and TransUnion) every month.
With no hidden fees, our APRs range from 19.9% to 36%, depending on the card you choose.
This card also offers the convenient feature of checking your FICO score, allowing you to monitor your progress and stay motivated and committed to doing things right.
Fees associated with the Premier Bank Card Mastercard vary depending on your credit limit:
- APR: 36%.
- Annual fee: $50 – $125 (based on creditworthiness).
- Monthly fee: $0 – $10.40 (based on creditworthiness).
- Account opening requirements: $55 – $95.
- Transaction fees: Either $8.00 or 5% of the amount of each Cash Advance, whichever is greater.
- For Foreign Currency, 3% of each transaction amount in U.S. dollars.
Additionally, a one-time Program Fee is charged when opening the account to offset the associated risk. The Program Fee must be paid in full within 85 days from the approval date to avoid application withdrawal, and payment can be made using a checking account, debit card, or credit card.
Your credit limit will range from $200 to $700 based on your creditworthiness. By fulfilling your obligations consistently, you become eligible for a credit limit increase after 12 months.
Benefits of the Premier Bank Card Mastercard
The Premier Bank Card Mastercard focuses on the financial recovery of its customers. By reporting to the three major credit bureaus, regular on-time payments can improve your credit score, potentially qualifying you for a different card in the future.
Additionally, PREMIER Bankcard Mastercard holders can take advantage of Mastercard ID Theft Protection, an identity theft monitoring, and alert program. If any suspicious activity is found, Mastercard will notify you and assist in resolving the issue.
The PREMIER Bankcard Secured Credit Card offers you the opportunity to start building or rebuilding your credit right away, rather than waiting until you’re eligible for an unsecured card.
How to Apply and Get a Premier Bank Card Mastercard
If you’re ready to embark on your journey toward financial stabilization and credit building, the Premier Bank Card Mastercard is here to support you. Click the green button below to apply for your Premier Bank Card Mastercard and begin paving the way to a brighter credit future.
