ED Magedson – Founder
FIRST PREMIER BANKP.O. Box 5524 Sioux Falls, South Dakota United States of America
I received an email from this credit company and upon reading the terms and conditions the following fee's were noted as due upon agreement, showing up on first statement:
By submitting this application you understand that your initial credit limit will be at least $250.00 and the following fees will be billed to your first statement: Annual Fee of $48.00, Account Set-Up Fee of $29.00, Program Fee of $95.00, Monthly Servicing Fee of $7.00, and an Additional Card Fee of $20.00 per card (if applicable). These fees will reduce your available credit until they are paid.
In addition they claim that the APR is $9.9% when indeed it is not.
This is a rip off and a scam.
This report was posted on Ripoff Report on 10/28/2009 12:45 PM and is a permanent record located here: http://www.ripoffreport.com/reports/first-premier-bank/sioux-falls-south-dakota-57117-5524/first-premier-bank-centennial-gold-card-trying-to-lure-me-into-getting-a-credit-card-wit-516294. 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.
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