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
Applying for the Indigo® Mastercard® Credit Card: learn how!
The Indigo® Mastercard® Credit Card is perfect for helping you rebuild credit. Find out how to apply correctly.
Keep Reading
Upstart Personal Loans: how to apply now!
Find out how to apply for Upstart Personal Loans and access the money you need! Borrow up to $50K with quick funding.
Keep Reading
Elastic Line of Credit review: The money as you need
Discover if the Elastic Line of Credit is the right option for your financial needs in this review. Learn about the pros, cons, and more.
Keep ReadingYou may also like
100 Lenders Personal Loan: how to apply now!
Read on and learn how to apply for 100 Lenders Personal Loan! Connect with several lenders and borrow up to $40K fast!
Keep Reading
Best Egg Personal Loan review: is it worth it?
Check out the Best Egg Personal Loan review. Enjoy approval and borrow up to $50,000 for multiple purposes. Keep reading to learn more.
Keep Reading
Aspire® Cash Back Reward Card Review
Read this detailed review to see if you qualify for their benefits. This card is great for consumers with poor credit ratings.
Keep Reading