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ClearValue Cards

First PREMIER Bank Mastercard

First PREMIER Bank · Fair Credit review

Scored against ClearValue's published methodology · Schumer Box terms as of
Best for Applicants who've been declined by other
First PREMIER Bank
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First PREMIER Bank Mastercard

43
/100
Annual fee
$75
Ongoing APR
36%
Best for

Applicants who've been declined by other unsecured builder cards and specifically need a fully unsecured option with no

Fees sourced from issuer terms · 2026-08-13

ClearValue score
43/100
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Applicants who've been declined by other unsecured builder cards and specifically need a fully unsecured option with no

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Sorted by score, never commission

Annual fee

$75

Charged each renewal year

Ongoing APR

36% fixed — one of the highest APRs we track; confirm your exact rate and program fee in your Schumer Box at mypremiercreditcard.com

Variable — verify the current range at the issuer

As of August 13, 2026

Best for

Applicants who've been declined by other unsecured builder cards and specifically need a fully unsecured option with no deposit — First PREMIER approves deep into subprime territory that many issuers won't touch, and reports monthly to the major credit bureaus.

Not for

Nearly anyone with another option. A secured card (Capital One Quicksilver Secured, OpenSky) or a lower-fee unsecured builder (Credit One, Indigo) will almost always cost less over the first two years — First PREMIER stacks a one-time program fee on top of an annual fee and, on most offers, an ongoing monthly servicing fee, all before interest.

The catch

The fee stack is the real story here, and it's approval-offer-dependent, so treat these as reported ranges, not fixed numbers: a one-time program fee around $55–$95 charged before the account opens, an annual fee commonly $50–$125 in year one and $45–$49 after, and — on most offers — a monthly servicing fee of roughly $6.25–$10.40 starting in year two. Combined with a 36% fixed ongoing APR, this is one of the most expensive cards we track. Confirm your exact fees and rate in the offer you're pre-qualified for, or in the card's Schumer Box, before applying.

Card facts

Sourced from the issuer's published Schumer Box and terms — confirm current numbers at the issuer.

Product specs

Annual fee
$75
Ongoing APR
36% fixed — one of the highest APRs we track; confirm your exact rate and program fee in your Schumer Box at mypremiercreditcard.com
Schumer Box sourced
August 13, 2026

How we scored this card

See our published methodology — 5 dimensions, 0–20 each, 100-point total.

Effective rewards rate0 / 20
Fee structure3 / 20
Audience fit13 / 20
Transparency and trust12 / 20
The weakness, named15 / 20
Total43 / 100 · Skip

From the team behind ClearValue

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Frequently asked

Is the First PREMIER Bank Mastercard's $75 annual fee worth it?

The First PREMIER Bank Mastercard charges a $75 annual fee. In our review it earns a fees score of 3/20 — the "How we scored this card" section below shows how we weigh that against the rewards and benefits. Applicants who've been declined by other unsecured builder cards and specifically need a fully unsecured option with no deposit — First PREMIER approves deep into subprime territory that many issuers won't touch, and reports monthly to the major credit bureaus.

What APR does the First PREMIER Bank Mastercard charge?

36% fixed — one of the highest APRs we track; confirm your exact rate and program fee in your Schumer Box at mypremiercreditcard.com. APRs are variable and set by the issuer — confirm the current range on the issuer's Schumer Box before you commit.

Who is the First PREMIER Bank Mastercard best for?

Applicants who've been declined by other unsecured builder cards and specifically need a fully unsecured option with no deposit — First PREMIER approves deep into subprime territory that many issuers won't touch, and reports monthly to the major credit bureaus.

Who should skip the First PREMIER Bank Mastercard?

Nearly anyone with another option. A secured card (Capital One Quicksilver Secured, OpenSky) or a lower-fee unsecured builder (Credit One, Indigo) will almost always cost less over the first two years — First PREMIER stacks a one-time program fee on top of an annual fee and, on most offers, an ongoing monthly servicing fee, all before interest.

How did ClearValue score the First PREMIER Bank Mastercard?

First PREMIER Bank Mastercard scored 43/100 — "Skip". We score every card across five dimensions (effective rewards, fee structure, audience fit, transparency, and the weakness named), 0–20 each. Scores are never influenced by commission. See our methodology for the full rubric.

Alternatives to the First PREMIER Bank Mastercard

Other low-credit cards we've scored, ranked by our methodology.

This review carries no partner link and earns nothing from what you read here — our scoring is never influenced by compensation, and reflects only our published rubric. When you use our match tool, we may be paid by a partner (CardRatings) if you continue with a card from there. See our methodology and disclosure.
First PREMIER Bank Mastercard
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