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First Premier Bank

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile2 entries

  1. 2010

    Criticism of a 79.9 percent interest-rate card

    A reported First Premier card carrying a 79.9 percent annual interest rate and a $300 limit was condemned by Senator Bernie Sanders as an example of predatory or loan-shark-like pricing.

  2. 2007

    New York attorney general credit-card marketing case

    The New York attorney general alleged that First Premier had used deceptive practices to market its credit cards. The bank settled the matter and paid $4.5 million.