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
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and 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
Reflex® Platinum Mastercard® Review
Rebuild your credit score with the confidence of a good spending limit! Read our Reflex® Platinum Mastercard® review to learn how.
Keep Reading
Applying for the PenFed Power Cash Rewards Visa Signature® Card: learn how!
Do you need a cashback card with 0% intro APR? If so, learn how to apply for the PenFed Power Cash Rewards Visa Signature® Card!
Keep Reading
Sable account review: read before applying
Need a Sable account review you can rely on? We got you! In this review we cover fees, perks, benefits, its pros and its cons.
Keep ReadingYou may also like
Home Depot Project Loan: how to apply now!
Get your home renovation plans off the ground faster! Apply for the Home Depot Project Loan. Up to $55k loan! Read on!
Keep Reading
Lending Tree Personal Loan review: is it worth it?
Read our Lending Tree Personal Loan review and find out if this service is right for you! Connect with multiple lenders.
Keep Reading
Applying for the Luxury Titanium card: learn how!
Want to experience the world in splendor? See how to apply for the Luxury Titanium card and get perks that will make you feel like royalty.
Keep Reading