First Premier card

Since you have already accepted the card, you need to pay the monthly service charge of $7, one time account set up fee of $29, one time program fee of $95 and annual fee of $48, even if you close down the account. So in total you need to make a payment of $179. I think that if you do not need the card, you should immediately inform them in writing that you want to close down the account. For more details you can visit the link "https://www.firstpremierbankgold.com/carddetails.aspx?appid=WJ0904170739QSSFA".

did you call the # and activate the card?if not then after 14 days it cancels automatically.if so then you should call and tell them you changed your mind and no longer want it.

It said it is already activated. Alng with the card came the card that it is attached to, and it said if I do not make a purchase, I won't have to pay any fees. So I'm a little confused.

i would call and cancel then.if it says that i would think you can call and expedite the process.

It should have their cancellation policy on the Disclosure Statement. But yes, you can cancel it, it's called the Right of Rescission. It is normally done in writing.

after i pay my card off i plan on closing the card out i dont really like the yearly fee plus paying 7.00 a month on it every month

good move my friend.there are other ways to build or re-build credit.

i did the same thing and never made a purchase and they closed it out and i didnt have to pay any of the fees. they did send me a statment that said 0 balance.

how did you cancel your card?

i just never acually used it, if you dont use the card within 30 days they close your account and wipe out the balance.

hi, I am in the same boat. I got it, got the statement but need to know if it will go away if i just ignore it and not use it.

I get 'ads' ( VIA the Web) just about everyday, for Premier CC. I've read their 'rules' about the CC. They SAY it is a 'bad credit' CC and it will "help improve credit." But...GOSH..all the fees and the % rate being sky high..I don't think i want to get it.

its the price to pay for having bad credit. i'm in the same boat. if you do it just dont screw it up because its like a last chance credit card. but it will eventually payoff if you stick to it then you will be able to get a better credit card with lower intrest rates.

A Secured card is *FAR* better and less expensive. Some secured cards report every payment so within 6 months you will start getting pre-approved offers. *However*, it is best wash your hands of the industry and never have another credit card again.

agreed. but in my situation i have more neg than pos on my credit. they lady that was tryin to help us get a morgage loan suggested we do it to get another positive going on our credit. i understand the idea she was trying to implament but i'm glad i looked at other alternatives first.

yeah and me and my husband was trying to get approved for a mortgage loan and the lady told us the same thing i have already put in for our card but have yet to hear anything back from them i pray that everything goes well

Again, a Secured card is *far* better. Getting jewelry at a Pawn Shop (which is listed as an unsecured loan - since they don't give you the jewelry until you pay it off) is *far* better.

Put "First Premier credit card is a rip-off"(without the quotes) into Google and see why it could make matters worse for you and not help.