If you’re considering the First PREMIER Bank Mastercard, you might be wondering about the $55 – $95 program fee. This fee is a one-time cost that First PREMIER Bank charges when you’re approved for the card and are opening your account. It’s important to note that this fee is separate from any annual fees or other charges associated with the card.
The program fee covers the cost of opening your account and getting your card set up. While it might seem like an extra expense, for many individuals looking to establish or rebuild their credit, this card can be a valuable tool. First PREMIER Bank is known for providing credit card options to those who might not have the best credit history, making it possible for them to access credit and work on improving their credit score.
It’s always a good idea to carefully consider any fees associated with a credit card before applying. In the case of the First PREMIER Bank Mastercard, the $55 – $95 program fee is a one-time cost that is part of the process of getting your card. For some, the benefits of having a credit card to help build credit outweigh this initial fee.
(Response: The $95 program fee for the First PREMIER Bank Mastercard is a one-time fee charged when your application is approved and you open your account.)