A lot of people struggle with their credit score and there aren't a lot of credit card providers that offer a second chance for them. Fortunately, the PREMIER Bankcard Credit Card gives you plenty of chances to redeem your credit score. You don't even need to put down a security deposit to open an account.
The PREMIER Bankcard Credit Card is the best option for building your credit score and helping you maintain your rating. The provider even lets you monitor your credit score for free so you are always aware of your standing to make more responsible financial decisions.
If you're interested, it is important that you know how to apply for the card to make the entire process a lot easier. Find out how you can apply for the PREMIER Bankcard Credit Card in this article.
An Overview of PREMIER Bankcard Credit Card
The PREMIER Bankcard Credit Card is primarily used to improve your credit score. This credit-building credit card aims to help you build your credit score by providing you with opportunities to make sure that you are a responsible credit card owner.
Not a lot of people are offered the chance to make things right and this credit card is one of those that give you such an opportunity. The card has a regular variable APR of 36% which can be high for a lot of people but this can be your stepping stone in improving your credit score.
There is also an annual fee of $5 to $125 based on your creditworthiness. However, after the first year of paying your monthly dues on time, it will then settle to $49 every year.
The card charges you a 3% foreign transaction fee and while it does not have any rewards program, it can be used almost everywhere in the world due to it being a Mastercard.
Benefits and Features of the PREMIER Bankcard Credit Card
One of the main features of the PREMIER Bankcard is that you can access your FICO score through your online account. This makes it a lot easier for you to monitor your score and make sure that there are always improvements in your credit score.
Building your credit takes a lot of time and effort and having this feature makes it convenient for you. Another benefit of the PREMIER Bankcard credit card is that it is issued by Mastercard, which gives you access to their 24/7 customer support hotline at 800-987-5521.
With that in mind, you're also included in the Mastercard ID Theft Protection where your account is regularly monitored against identity theft and provide you with alerts to notify you in case of any suspicious activities.
Application Process for the PREMIER Bankcard Credit Card
There's not a lot of fuss involved when applying for the PREMIER Bankcard Credit Card. You don't even need to make any security deposits to apply for the card and open an account.
Here is the step-by-step guide to applying for the PREMIER Bankcard credit card.
Step 1: Gather All Required Information
The first thing that you need to do is to gather the important information and documents required for the application. Make sure that you have your full address, phone number, and documents.
These documents include your income tax returns, salary slips, bank statements, birth certificate, Social Security Number, and other government-issued ID. You will also need to have them in a digital format as you will be uploading them on the website that you're going to apply to.
Before you apply for the card, make sure that you are 18 years old and above, a resident of the United States, and have a source of income that can help to pay your monthly dues.
Step 2: Applying Online
To apply online, all you need to do is to go to the official PREMIER Bankcard Credit Card website and select the card. You may need to create an account on their website first and log in before you can proceed.
Review the details of the card, including the rates and fees listed in the terms and conditions before clicking “Apply Now”. You can then fill out the application form with your personal details and upload the documents that are required by the provider.
Make sure that you check for misspellings and other errors before you submit the application form. Having errors will only delay your application as the provider might put it on hold for you to clarify such errors on your form. This can also decrease your chances of getting approved for the card so always be careful.
Step 3: What to Do After Submitting
After submitting, wait for a decision. Usually, it only takes a few minutes for you to get approved. You will either receive a call or they will send you an email regarding their decision.
If it has been several days since you applied and you have not received any updates from them, you can call their customer service hotline and ask for updates regarding your application. Once you receive approval, they will also provide you with a set of instructions on what to do to activate the card once you receive it.
If you are not approved, you can always ask them to review your application and ask how you can improve your chances. You can always try to apply again after several months once you're deemed creditworthy.
Step 4: Learn How to Contact Them
If you need to learn more about the card and the specific required documents, you can call their customer service hotline at 800-987-5521.
A representative will be able to provide you with all the necessary information regarding your application as well as your card and account.
You can also send an email to customer.service@premierbankltd.com. You can visit their main office at 3820 N Louise Avenue Sioux Falls, SD 57107.
Conclusion
The PREMIER Bankcard Credit Card is one of the few credit card providers that allow you to apply even when you have a fair or poor credit score. When other providers don't allow you to apply for their card due to your poor credit score, take a chance in applying for the PREMIER Bankcard Credit Card and see how you fare. Go ahead and apply for the card today and find out!
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.
