CardHub.com, a website designed to help consumers findappropriate credit cards, has questioned two fees put into place byFirst Premier Bank, an issuer that specializes in cards aimed atconsumers with poor credit scores.

The first is a 25% fee on credit limit increases, both onincreases the cardholder requests and on those First Premierinitiates.

Thus, for example, a cardholder would be charged $50 for a $200credit line increase whether or not the cardholder asked for theincrease. In addition, the bank only allows consumers 30 days tosay they don't want the increase and have their money refunded.

Card Hub CEO Odysseas Papadimitriou denounced the fee. “When youconsider this [fee] together with the fact that customers have alimited window to request a reversal of their limit increase, FirstPremier could very well pull a fast one,” he said.

Premier's second set of fees charges consumers $170 for theirfirst-year credit limit of $300. This is 56.6% of the card holder'scredit line and is only possible because First Premier has won apreliminary injunction in court against a Federal Reserve regulation which would havelimited fees charged during the first year a card account is openedto 25% of the card's credit line.

“I suppose we'll just have to wait and see how things play outin the courts, but the issue is interesting in the sense that we asa nation criticized regulators for falling asleep at the switch andhelping bring about the Great Recession, but now regulators arefacing roadblocks in trying to eliminate clearly unfair, burdensomefees,” Papadimitriou said.

“I think it's time for credit card companies to really get onboard with working together with regulators to do what's right fortheir customers and the economy,” he said.