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.
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