Reviews
PREMIER Bankcard® Mastercard® Credit Card full review
Not everyone has a good credit history. But, a lot of people need a credit card. See how the PREMIER Bankcard® Mastercard® Card can help!
Advertisement
PREMIER Bankcard® Mastercard® Credit Card: ideal for building credit
Everyone needs a credit card, but the score may not help. That’s why there’s the PREMIER Bankcard® Mastercard® Credit Card review to show you how to get new credit.
Apply for the PREMIER Bankcard® Mastercard® Card.
Need to build credit and improve your score? PREMIER Bankcard® Mastercard® Card can help! See how to apply for this simple option.
With a relatively high APR, the PREMIER Bankcard® Mastercard® Card does not require a high credit score. With only 500, it is already possible to make a request.
And the rate varies depending on that score. Read more!
- Credit Score: Qualify with a low score (at least 500);
- Annual Fee: $50 to $125 based on creditworthiness;
- Regular APR: 36% variable APR;
- Welcome bonus: N/A;
- Rewards: N/A.
How does the PREMIER Bankcard® Mastercard® Credit Card work?
The PREMIER Bankcard® Mastercard® Credit Card is an option for those with not-so-good credit. Only 500 as a credit score qualifies you to apply for this option.
APR rates are determined based on your credit score; the higher the score, the lower the rates. And also, it informs the positive use of the card to agencies.
You will be redirected to another website
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that I may revoke my consent at any time.
PREMIER Bankcard® Mastercard® Credit Card pros and cons
As with all card options, the PREMIER Bankcard® Mastercard® Credit Card has some pros and cons. Because it is used for building credit, it is normal for it to have higher APR rates.
However, the PREMIER Bankcard® Mastercard® Credit Card has other associated fees.
The sum of all these fees can be a little disadvantageous for anyone looking to increase their line of credit. Check out the main pros and cons.
Pros
- Allows other agencies such as Experian, Equifax, and TransUnion to be informed monthly of their positive credit usage updates;
- You can qualify with a not-so-good score.
Cons
- The initial fee for passing the program;
- Annual fee deducted from your credit limit, reducing your available initial credit;
- Monthly fee while the account is open;
- A fine fee for late payments;
- Additional user fee if you want to add a partner to your current account;
- Very high APR rate compared to other operators;
- Expensive credit limit increase rate, even after good card usage history.
Does my credit score need to be good?
If you have a minimum credit score of 500, you can apply for a credit card. The bank evaluates your credit score and will then determine the APR and annual rates based on your score.
Want to apply for the PREMIER Bankcard® Mastercard® Credit Card?
If you need to improve your credit score, the PREMIER Bankcard® Mastercard® Credit Card may be the solution. With a low credit score requirement for applications, it can help you rebuild your history. See below for how to apply for it correctly.
Apply for the PREMIER Bankcard® Mastercard® Card.
Need to build credit and improve your score? PREMIER Bankcard® Mastercard® Card can help! See how to apply for this simple option.
Trending Topics
5 Best Apps to Turn Your Photos Into Cartoons
Turn your photos into funny cartoons using these 5 apps. Here is a full list of options to explore. Stay tuned!
Keep Reading
Tap into Your Home’s Equity: Bank of America HELOC review
If you're considering a Bank of America HELOC, then don't miss our review! Up to $1 million to help you achieve your financial goals!
Keep Reading
Emergency Fund: What it is and how to build one?
Learn how to build an emergency fund and make sure you never run into trouble for lack of planning and preparation. Start your fund today!
Keep ReadingYou may also like
Is $5000 enough to move out, and how to save money?
Are you considering moving out but not sure if your budget is enough? Find out if $5000 is enough to cover your moving expenses.
Keep Reading
Voyager Digital halts all trading services
According to a statement released Friday afternoon, Voyager has paused customer trading, deposits, and withdrawals. Read on for more.
Keep Reading
Rewards credit cards: learn their pros and if they are worth it!
Learn about the pros of credit card rewards and how you can use them to save money. Also, are rewards credit cards worth it? Find out here!
Keep Reading