• Report: #814929

Complaint Review: First Premier Bank

  • Submitted: Wed, December 28, 2011
  • Updated: Wed, December 28, 2011

  • Reported By: Emma — Humble Texas United States of America
First Premier Bank
P.O. Box 5524, Sioux Falls, SD 57117-5524 Sioux Falls, South Dakota United States of America

First Premier Bank Lessons Learned: Don't Get The Card Sioux Falls, South Dakota

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

I was a young and stupid teenager when I received my first credit card offer; I didn't even have a job, but that didn't prevent me from giving in to the enticement of the credit power I wanted and American Express so readily provided. Fast forward a couple years to First Premier Credit card, the card you get when your credit sucks and you supposedly want to build your credit back. 

I've had it for over a decade, ostensibly to build my credit back, but mostly I did nothing but repeat the same mistakes with money over and again, which is the definition of insanity. Then one day I got tired of this and decided to truly educate myself about money. And I put my sole credit card (First Premier) in proper perspective, saving it only for true emergencies like for car repair.

I've read reports complaining about the unfairness of the card suspending people's credit line, and I've read rebuttals saying in effect that the card issuer has the prerogative to set the rules, which rebuttal writers say are standard.....at least standard for sad slobs like me who lack the willpower or brains to maintain good credit and deserve whatever bum deal they get because 'beggars can't be choosers'.

Right? This is what's being said about us, and I lump myself into this category because I believed, too, that I shouldn't complain since I got myself into this mess. The thing is, when I made NO purchases on my card and carried a zero balance, I incurred a $6 "fee" because I didn't use the card. And didn't feel the need to pay it because the balance is so minimal, it wasn't worth writing out a check, putting a stamp on it and mailing the darn thing.

I'm not here to say there's something wrong with First Premier - though there is: they are bottom feeders and pond scum, but that is just a side point. My main point is: Life is hard, and I'm part of the majority of Americans who probably won't be able to afford a house and is struggling to find a decent and stable job, even with a great education - I'm still paying student loans...BUT. If I ever get a credit card - God forbid - again, I'm smarter and wiser than I was back then. I don't need them. They need me.

So after having my card privileges suspended for carrying a $12 TOTAL balance on my card - it's not the amount, right, it's the principle of the thing...I'm supposed to learn the lesson to pay my debts on time and the lesson that credit is 'not a right' and the lesson that credit card companies can and should be ABLE to charge me to NOT use their card, I think I've learned one more, very pricey, very valuable lesson - one that credit card companies have no intention of ever teaching any one of us: I live within my means and not use credit cards AT ALL, and only pay cash. 

This report was posted on Ripoff Report on 12/28/2011 01:49 PM and is a permanent record located here: http://www.ripoffreport.com/r/First-Premier-Bank/Sioux-Falls-South-Dakota-57117/First-Premier-Bank-Lessons-Learned-Dont-Get-The-Card-Sioux-Falls-South-Dakota-814929. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on First Premier Bank

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?