First Premier Bank credit card - excessive fees

# 10 for January 14 , 2002

Complaints.com received the following e-message on January 13, 2002:

From: MaryAnn Brown

First premier bank credit card - excessive fees

I'm sending this to you in the hope that no one will be suckered into applying for credit with First

Premier Bank, as I ALMOST was when I received the offer via an e-mail--until I read about the fees that

they charge. Here's the rundown:

$29 account set-up fee (one-time)

$95 program fee (one-time)

$48 annual fee

$ 6 Monthly participation fee (that's right, it comes to $72 a year)

$20 Additional card fee (billed annually)

$25 charged for first increase, IF approved

Total just for one person to set up: $178

Total with co-applicant: $198

These fees will, of course, be deducted from your credit line once you're approved-if you're approved.

The minimum credit line? $250, but after the fees-and assuming only one person on the application-$72 left

to spend. Ooooooh--makes you feel REAL good, doesn't it. Mrs. B.