I’ve had two cards with them for about 4 years. Started with a low credit limit but raises automatically a few times each year. Interest is high with processing and annual fees but Iknew that going in. Everything has been fine except that paying online is often difficult. The website is down about 1/3 the time! It also can take several days to post payments to your account. Pay at least a week early! When the website is down, call customer service and pay by telephone! Other than that, no complaints. It has been a tremendous help rebuilding my credit! So yes, it was worth the estra cost and effort.
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I made the mistake of obtaining this card, as the advertisement stated that it would help with poor credit, etc. However, this is one of those cards that charge extremely high interest rates as well as extraordinary fees on a MONTHLY basis. I received a $700 credit limit. I put approximately $600 on the card. I have made over $750 in payments to Premier and my balance is still just under $600. The monthly interest rate is approximately $60. With the numerous fees, the minimum monthly payment is about $140 (with a $600 balance). If you do not pay the full amount each month, Premier reports to the credit bureaus that you missed a payment. I have never missed a monthly payment, yet my credit report shows that I missed my last 3 payments. This card directly caused my credit score to drop 60 points. Please spread the word about the Premier Credit Card. I would hate to see anyone else get scammed the way I did. READ THE FINE PRINT.