http://www.federalreserve.gov/creditcard.

Annual Percentage Rate 19.9%
(APR) for Purchases

APR for Cash Advances 19.9%

Paying Interest

Minimum Interest
Charge

For Credit Card Tips
from the Federal
Reserve Board

Set-up and
Maintenance
Fees

Transaction Fees

Penalty Fees

$50.00

$6.00

5%

3%

$35.00

$35.00

How We Will Calculate Your Balance:

Billing Rights:

FEES AND INTEREST CHARGES:

Periodic INTEREST CHARGES: INTEREST CHARGES
INTEREST CHARGES

FEES AND INTEREST CHARGES:

INTEREST CHARGES

INTEREST CHARGES

INTEREST CHARGES

Computing Periodic INTEREST CHARGES:

INTEREST CHARGE

ANNUAL PERCENTAGE RATE (APR)
ANNUAL PERCENTAGE RATE
Credit Account as well as Purchases and Cash Advances.

This ANNUAL PERCENTAGE RATE will be applied to fees assessed to your

Minimum INTEREST CHARGE:

INTEREST CHARGE

INTEREST CHARGE

Annual Fee:

Cash Advance Fee:

INTEREST CHARGE

Foreign Currency Transaction Fee:
Late Fee:
Return Item Charge:

Additional Card Fee:

Credit Limit Increase Fee:

OTHER CHARGES:

Copying Fee:
Credit Insurance:
Express Delivery Fee:
Wire Transfer Fee:
Minimum Payment: Cutoff Time and Form of Payment:

See the Credit Card Contract for further information regarding this
Credit Account. Retain these important documents.

You must contact us:
• Within 60 days after the error appeared on your Statement.
• At least three business days before an automated payment is scheduled, if 
you want to stop payment on the amount you think is wrong.
You must notify us of any potential errors in writing (or electronically). You 
may call us, but if you do we are not required to investigate any potential 
errors and you may have to pay the amount in question.
What Will Happen After We Receive Your Letter: When we receive your 
letter, we must do two things:
(1) Within 30 days of receiving your letter, we must tell you that we received 
your letter. We will also tell you if we have already corrected the error.
(2) Within 90 days of receiving your letter, we must either correct the error or 
explain to you why we believe the bill is correct.
While we investigate whether or not there has been an error:
• We cannot try to collect the amount in question, or report you as delinquent 
on that amount.
• The charge in question may remain on your Statement, and we may con-
tinue to charge you interest on that amount.
• While you do not have to pay the amount in question, you are responsible 
for the remainder of your balance.
• We can apply any unpaid amount against your credit limit.
After we finish our investigation, one of two things will happen:
• If we made a mistake: You will not have to pay the amount in question or any 
interest or other fees related to that amount.
• If we do not believe there was a mistake: You will have to pay the amount 
in question, along with applicable interest and fees. We will send you a state-
ment of the amount you owe and the date payment is due. We may then 
report you as delinquent if you do not pay the amount we think you owe.
If you receive our explanation but still believe your bill is wrong, you must 
write to us within 10 days telling us that you still refuse to pay. If you do so, we 
cannot report you as delinquent without also reporting that you are question-
ing your bill. We must tell you the name of anyone to whom we reported you 
as delinquent, and we must let those organizations know when the matter 
has been settled between us.
If we do not follow all of the rules above, you do not have to pay the first 
$50.00 of the amount you question even if your bill is correct.
Your Rights If You Are Dissatisfied With Your Credit Card Purchases: If 
you are dissatisfied with the goods or services that you have purchased with 
your credit Card, and you have tried in good faith to correct the problem with 
the merchant, you may have the right not to pay the remaining amount due 
on the Purchase.
To use this right, all of the following must be true:
(1) The Purchase must have been made in your home state or within 100 
miles  of  your  current  mailing  address,  and  the  Purchase  price  must  have 
been more than $50.00.  (Note: Neither of these are necessary if your Pur-
chase was based on an advertisement we mailed to you, or if we own the 
company that sold you the goods or services.)  
(2) You must have used your credit Card for the Purchase. Purchases made 
with Cash Advances from an ATM or with a check that accesses your Credit 
Account do not qualify.
(3)  You must not yet have fully paid for the Purchase.
If all of the criteria above are met and you are still dissatisfied with the Pur-
chase, contact us in writing (or electronically) at:
     First PREMIER Bank
     P.O. Box 5524
     Sioux Falls, SD 57117-5524
     www.mypremiercreditcard.com 
While we investigate, the same rules apply to the disputed amount as dis-
cussed above.  After we finish our investigation, we will tell you our decision. 
At that point, if we think you owe an amount and you do not pay, we may 
report you as delinquent. 
Your Liability for Unauthorized Use of Your Credit Account: You will not 
be liable for unauthorized use of your Card or Credit Account. However, to 
protect your rights, you are required to notify us orally or in writing as soon as 

you are aware that your Card or Credit Account has been lost, stolen or used 
without your consent. Certain exceptions apply and you may be liable for up 
to $50.00. To notify us of the loss, theft or possible unauthorized use of your 
Card, call us at 1-800-987-5521, 24 hours a day. 

STATE DISCLOSURES
California Residents: A married applicant may apply for a separate Credit 
Account. As required by law, you are hereby notified that a negative credit 
reporting reflecting on your credit record may be submitted to a Consumer 
Reporting Agency if you fail to fulfill the terms of your credit obligations. After 
credit approval, each applicant shall have the right to use the Credit Account 
up to the limit of the Credit Account. Each applicant may be liable for amounts 
extended under the plan to any joint applicant.
Delaware Residents: Service charges not in excess of those permitted by 
law will be charged on the outstanding balances from month to month.
Kentucky Residents: You may pay the unpaid balance of your Credit Ac-
count in whole or in part at any time.
Maine  Residents:  Credit  insurance  provided  herein  is  voluntary  and  you 
have the right to cancel such credit insurance at any time.
New  York  and  Vermont  Residents:  First  PREMIER  Bank  may  obtain  a 
consumer report for any legitimate purpose in connection with your Credit 
Account or your application, including but not limited to reviewing, modifying, 
renewing and collecting on your Credit Account. Upon your request, we (First 
PREMIER Bank) will inform you of the names and addresses of any Consum-
er Reporting Agencies that have furnished the reports.  New York residents 
may contact the New York State Banking Department (1-877-226-5697) to 
obtain a comparative list of credit card rates, fees and grace periods.
Ohio Residents: The Ohio laws against discrimination require that all credi-
tors  make  credit  equally  available  to  all  credit  worthy  customers,  and  that 
Consumer  Reporting Agencies  maintain  separate  credit  histories  on  each 
individual upon request. The Ohio Civil Rights Commission administers com-
pliance with this law.
Married Wisconsin Residents: No provision of any marital property agree-
ment, unilateral statement, or court order applying to marital property will ad-
versely affect a creditor’s interests unless prior to the time credit is granted, 
the creditor is furnished with a copy of the agreement, statement, or court 
order, or has actual knowledge of that provision.

TERMS AND CONDITIONS OF YOUR
REQUIRED DEPOSIT ACCOUNT
The following additional terms apply in connection with your required deposit 
account. 
Deposit: An initial deposit account balance is needed to open your Credit 
Account.  The initial deposit account balance amount needed is printed in 
the Truth In Savings Act Disclosure.  Once your Credit Account is opened, 
you may make additional deposits to your deposit account up to a maximum 
deposit account balance of $5,000.00. Any non-cash items tendered for de-
posit, (including items drawn on us) will be given only provisional credit until 
collection is final. We are not responsible for transactions initiated by mail or 
outside depository until we actually receive them. 
Withdrawals: Since this deposit account is collateral for your Credit Account, 
withdrawals are not permitted from this deposit account while there remains 
an outstanding balance in your Credit Account or while you retain posses-
sion of any Card. In the event that your Credit Account is cancelled either by 
you or by us, we shall have a period of ninety (90) days from the earlier of 
the date of the return of your Card or the expiration date of the Card for all 
charges made on the Card to clear. When we receive payment in full under 
your Credit Account, and upon the expiration of this period, we will remit to 
you the full amount remaining in your deposit account.
Additional Terms and Disclosures: Additional information about your de-
posit account, including applicable federal Truth In Savings Act disclosures, 
were provided to you upon our receipt of your initial deposit or in the Truth In 
Savings Act Disclosure.
Ownership of Account: Individuals--If the deposit account is opened in the 
name of one person, it means the owner does not intend to create any survi-

vorship rights in any other person. Joint Accounts--If the deposit account is 
opened in the name of more than one person, each person intends that upon 
their death the balance in the deposit account (subject to the pledge to us) 
will belong to the surviving person(s) named on the account. 
Bankruptcy:  If  you  become  a  debtor  in  any  proceeding  under  the  United 
States Bankruptcy Code you agree that you will recognize us as a perfected 
secured creditor with respect to the deposit account and that you will declare 
the  deposit  account  as  exempt  property  pursuant  to  the  provisions  of  the 
United States Bankruptcy Code or applicable State exemption laws.
Amendments: We may amend the terms and conditions applicable to Your 
Required Deposit Account separately from the remainder of this Contract at 
any time upon reasonable notice to you by mail, as required by law. If this is 
a joint account, notice by us to one of you is notice to both. 
Pledge  Agreement:  As  a  security  for  the  payment  of  all  credit  extended 
through your Credit Account, you pledge to, and grant First PREMIER Bank, 
its successors and assigns, a security interest in all funds now and hereafter 
deposited in your deposit account. You authorize us to unconditionally restrict 
withdrawals from your deposit account. If your Credit Account is in default, 
or if your Credit Account is terminated for any reason, we may at any time 
thereafter, and without notice to you (unless otherwise required by law), ap-
ply all or part of the funds in your deposit account to the payment of any and 
all amounts owed on your Credit Account. We may also exercise any other 
remedies under the terms of this Contract or otherwise available in law. 

ARBITRATION AND LITIGATION
This  Arbitration  Provision  (“Provision”)  facilitates  the  prompt  and  efficient 
resolution  of  any  disputes  that  may  arise  between  you  and  us. Arbitration 
is a form of private dispute-resolution in which persons with a dispute waive 
their rights to file a lawsuit, to proceed in court and to a jury trial, and instead 
submit their disputes to a neutral third person (an arbitrator) for a binding de-
cision. You have the right to opt out of this Provision, which means you would 
retain your right to litigate your disputes in a court, either before a judge or 
jury. To exercise your right to opt out you must provide us with written notice 
no later than 30 days after your Credit Account is first opened. If we do not 
receive your written notice within that time frame, your rights to opt out will 
terminate, and you agree that the provisions of this section will apply.
PLEASE READ THIS PROVISION CAREFULLY. IT PROVIDES THAT ALL 
DISPUTES  ARISING  OUT  OF  OR  CONNECTED  TO  THIS  CONTRACT 
SHALL  BE  RESOLVED  BY  BINDING ARBITRATION. ARBITRATION  RE-
PLACES THE RIGHT TO GO TO COURT. IN THE ABSENCE OF THIS AR-
BITRATION AGREEMENT, YOU AND WE MAY OTHERWISE HAVE HAD A 
RIGHT OR OPPORTUNITY TO BRING CLAIMS IN A COURT, BEFORE A 
JUDGE OR JURY AND/OR TO PARTICIPATE IN OR BE REPRESENTED IN 
A CASE FILED IN COURT BY OTHERS (INCLUDING, BUT NOT LIMITED 
TO, CLASS ACTIONS). EXCEPT AS OTHERWISE PROVIDED, ENTERING 
INTO THIS AGREEMENT CONSTITUTES A WAIVER OF YOUR RIGHT TO 
LITIGATE CLAIMS AND ALL OPPORTUNITY TO BE HEARD BY A JUDGE 
OR JURY.
Parties and Matters Subject to Arbitration: For purposes of this Provision, 
“you” and “us” include the employees, parents, subsidiaries, affiliates, ben-
eficiaries, agents and assigns of you and us. For purposes of this Provision, 
“Claim” means any claim, dispute or controversy by either you or us, arising 
out of or relating in any way to this Contract, this Provision (including claims 
regarding  the  applicability,  enforceability  or  validity  of  this  Provision),  your 
Credit Account, any transaction on your Credit Account and our relationship. 
“Claim” also refers to any interaction or communication between you and us 
that occurred prior to or concurrent with entering into this Contract, including 
those now in existence, regardless of present knowledge. “Claim” shall refer 
to claims of every kind and nature, including, but not limited to, initial claims, 
counterclaims, cross-claims and third party claims. All Claims are subject to 
arbitration, regardless of legal theory and remedy sought, including, but not 
limited to, claims based in contract, tort (including negligence, intentional tort, 
fraud and fraud in the inducement), agency, statutory law (federal and state), 
administrative regulations or any other source of law (including equity).
Agreement to Arbitrate: Any Claim arising out of or relating to this Contract, 

or the breach of this Contract or your Credit Account, shall be resolved and 
settled exclusively and finally by binding arbitration, in accordance with this 
Provision. Binding arbitration shall not be required, however, for collection 
actions  by  us  relating  to  your  Credit Account.  Furthermore,  both  you  and 
we retain the right to pursue in a small claims court any Claim that is within 
that court’s jurisdiction, provided the Claim proceeds on an individual basis. 
However, only a court of law, not an arbitrator, shall determine the validity 
and effect of this Provision’s prohibition of class arbitration. For any Claims 
covered by this Provision, a party who asserted a Claim in a lawsuit in court 
may elect arbitration with respect to any Claim subsequently asserted in that 
lawsuit by any other party.
Voluntary Waiver of the Right to a Jury Trial and Class Action Participa-
tion: As a result of this Provision, neither you nor we have the right to litigate 
any Claim in court or the right to a jury trial on any Claim, except as provided 
above. YOU AGREE THAT YOU ARE VOLUNTARILY AND KNOWINGLY 
WAIVING ANY RIGHT YOU MAY HAVE TO GO TO COURT OR TO HAVE 
A JURY TRIAL. FURTHERMORE, NEITHER YOU NOR WE MAY SERVE 
AS A REPRESENTATIVE, A PRIVATE ATTORNEY GENERAL, OR IN ANY 
OTHER REPRESENTATIVE CAPACITY. SIMILARLY, NEITHER YOU NOR 
WE MAY PARTICIPATE AS A MEMBER OF A CLASS OF CLAIMANTS IN 
A LAWSUIT OF ANY CLAIM.
Prohibition of Class Arbitration: All Claims shall be resolved by binding 
arbitration on an individual basis. Claims made and remedies sought as part 
of a class action, private attorney general or other representative action are 
subject to arbitration on an individual (non-class, non-representative) basis. 
Therefore, the arbitrator has no authority to conduct class-wide proceedings 
and  will  be  restricted  to  resolving  individual  Claims.  UNDER  THIS  ARBI-
TRATION PROVISION THERE IS NO RIGHT OR AUTHORITY FOR ANY 
CLAIMS TO BE ARBITRATED ON A CLASS BASIS. Arbitration will only be 
conducted on an individual Claim basis and there is no right or authority to 
consolidate or join any of your Claims with any other Claims. YOU AGREE 
THAT YOU ARE VOLUNTARILY AND KNOWINGLY WAIVING ANY RIGHT 
TO PARTICIPATE AS A REPRESENTATIVE OR MEMBER OF ANY CLASS 
OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT TO ARBITRA-
TION UNDER THIS PROVISION.
Governing Law: This agreement to arbitrate is made pursuant to a trans-
action involving interstate commerce and shall be governed by the Federal 
Arbitration Act, 9 U.S.C. §§ 1-16, as it may be amended. If for any reason 
the Federal Arbitration Act does not apply, the substantive law of the State of 
South Dakota shall govern this Provision.
Arbitration Location and Procedure: Any arbitration hearing at which you 
wish to appear will take place at a location within the federal judicial district 
that  includes  your  billing  address  at  the  time  the  Claim  is  filed. The  party 
bringing the Claim may file its Claim at the American Arbitration Association 
(“AAA”), or an arbitration organization mutually agreed upon by the parties. 
The arbitration organization that is selected will administer the arbitration pur-
suant to its procedures in effect at the time of filing, subject to this Provision. 
If you do not agree to file your claim with AAA, and the parties cannot agree 
on an alternative arbitration organization, an arbitrator will be appointed by 
a court pursuant to the Federal Arbitration Act. In the event of a conflict or 
inconsistency between the respective organization’s rules and this Provision, 
this Provision shall govern. The arbitration will be conducted before a single 
arbitrator, whose authority is limited solely to individual Claims between you 
and  us.  The  arbitration  will  not  be  consolidated  with  any  other  arbitration 
proceeding. Any decision rendered in such arbitration proceeding will be final 
and binding on the parties and judgment may be entered in a court of com-
petent jurisdiction. The rules and forms of AAA may be obtained as follows: 
American Arbitration Association,  (1-800-778-7879),  335  Madison Avenue, 
Floor 10, New York, NY 10017, website at www.adr.org.
Arbitrator’s Authority: The arbitrator shall apply the applicable substantive 
law, consistent with the Federal Arbitration Act; shall apply statutes of limita-
tion; and shall honor claims of privilege recognized at law. In conducting the 
arbitration proceeding, the arbitrator shall not apply any federal or state rules 
of civil procedure or evidence. PURSUANT TO THIS ARBITRATION PROVI-

SION, THERE IS NO RIGHT TO ENGAGE IN PREARBITRATION DISCOV-
ERY EXCEPT AS PROVIDED FOR IN THE RULES AND PROCEDURES 
OF THE RESPECTIVE CHOSEN NATIONAL ARBITRAL ORGANIZATION. 
Either party may, however, request to expand the scope of discovery. If a 
request is made, within 15 days of the requesting party’s notice, the objecting 
party may submit objections to the arbitrator with a copy of the objections 
provided to the party requesting expansion. The grant or denial of a party’s 
request will be in the sole discretion of the arbitrator, who shall notify the par-
ties of the final decision within 20 days of the objecting party’s submission.
The Arbitrator’s Award: The arbitrator has the ability to award to the prevail-
ing party all remedies available at common law, by statute or in equity, includ-
ing injunctive relief, declaratory relief, arbitration costs and attorney fees. The 
arbitrator shall not, however, have authority to award any punitive damages. 
YOU AND  WE AGREE  THAT  PUNITIVE  DAMAGES ARE  NOT  RECOV-
ERABLE IN ANY ARBITRATION OR OTHER PROCEEDING UNDER THIS 
CONTRACT  EXCEPT  TO  THE  EXTENT  PUNITIVE  DAMAGES  WOULD 
BE AVAILABLE  IN  LITIGATION.  For  awards  not  in  excess  of  $5,000.00, 
upon the timely request of any party, the arbitrator shall provide a brief writ-
ten explanation of the basis for the award. In the event an award exceeds 
$5,000.00, or in which there is a request for equitable relief with a potential 
financial impact or value in excess of $5,000.00, the award of the arbitrator 
shall be in writing and shall specify the facts and the law on which it is based. 
In such case, the arbitrator’s findings of fact must be supported by substantial 
evidence and the arbitrator’s conclusions of law must not be based on legal 
error or be erroneous under the applicable substantive law. Further, in ad-
dition to the Federal Arbitration Act’s grounds for vacation, modification or 
correction of the arbitrator’s award, the parties shall have the right to judicial 
review of the arbitrator’s award to determine whether the arbitrator’s findings 
of  fact  are  supported  by  substantial  evidence  and  whether  the  arbitrator’s 
conclusions of law are based on legal error or are erroneous under the ap-
plicable substantive law. Judgment upon the award rendered by the arbitrator 
may be entered in any court having jurisdiction thereof. However, if the award 
is in excess of $5,000.00, judgment may be entered only upon determination 
by the court that the award is supported by substantial evidence and is not 
erroneous or based on legal error. 
Expenses: Regardless of who demands arbitration, we will pay all expenses 
of  arbitration,  including  the  filing,  administrative,  hearing  and  arbitrator’s 
fees (“Arbitration Fees”), to the extent that the Arbitration Fees exceed the 
amounts you would be required to pay for filing a lawsuit in a court. Through-
out the arbitration, each party shall bear his or her own attorney fees and 
expenses,  such  as  witness  and  expert  witness  fees.  If  you  prevail  in  the 
arbitration of any Claim against us, we will reimburse you for any fees you 
paid to the arbitration organization in connection with the arbitration.
Binding Effect and Survival: You and we agree that, except as specifically 
provided for above, the arbitrator’s decision will be final and binding on all 
parties subject to this Provision. This Provision is binding upon you, us, and 
the heirs, successors, assigns and related third parties of you and us. This 
Provision  shall  survive  termination  of  your  account,  whether  it  be  through 
voluntary payment of the debt in full by you, a legal proceeding initiated by us 
to collect a debt that you owe, a bankruptcy by you or a sale of your Credit 
Account by us.
Severability: If any portion of this Provision is deemed invalid or unenforce-
able under any law or statute consistent with the FAA, such a finding shall not 
invalidate any remaining portion of this Provision, the Contract or any other 
agreement  entered  into  by  you  with  us.  However,  the  prohibition  on  class 
arbitration is not severable from the remainder of this Provision. In the event 
that a court deems the prohibition on class arbitration to be invalid and unen-
forceable, any subsequent class action or representative proceeding shall be 
in a court of law and will not be subject to binding arbitration.

M-106647                   SEC                       07/12

First PREMIER Bank
CREDIT CARD AND DEPOSIT ACCOUNT CONTRACT 
AND ACCOUNT OPENING DISCLOSURES (cont’d)
This Contract explains the terms and conditions of your Credit Account with 
us,  including  important  provisions  relating  to  arbitration  and  litigation.  For 
additional important information on fees and INTEREST CHARGES and 
other  contract  provisions  that  apply  to  your  Credit  Account,  please 
review  the  Account  Opening  Disclosures  printed  on  the  card  carrier 
containing your Card. Be sure to retain all Contract documents for future 
reference.

YOUR CONTRACT WITH US
Your MasterCard® or Visa® brand Credit Account is governed by the terms 
and conditions in this Contract and the Account Opening Disclosures printed 
on the card carrier containing your Card (“Contract”).
Applicable Law: No matter where you live, our Contract with you and the 
terms of your Credit Account will be governed by the laws of the State of 
South Dakota and applicable federal law.
Effective  Date:  Unless  you  are  a  resident  of  the  State  of  New  York,  this 
Contract is effective upon the earlier of (1) the first Purchase made or Cash 
Advance  taken  on  your  Credit Account,  and  (2)  the  expiration  of  30  days 
from the date we issue the Card to you if you do not provide us written no-
tice of your desire to cancel within this 30 days. If you are a resident of the 
State of New York, this Contract is not effective until the earlier of (1) the first 
Purchase made or Cash Advance taken on your Credit Account, and (2) the 
date you move from the State of New York, unless the date you move from 
the State of New York is less than 30 days from the date we issue a Card to 
you, in which case this Contract will be effective on the date that is 30 days 
from the date we issue a Card to you (and not the date you move from the 
State of New York) if you do not provide us written notice of your desire to 
cancel within this 30 days. In all cases, if any fees are required to be paid 
prior to opening your Credit Account, this Contract will not be effective and 
your Credit Account will not be opened until such fees are paid in full. You are 
not obligated to pay any fees or INTEREST CHARGES (other than any fees 
required to be paid prior to opening your Credit Account) until this Contract 
is effective.

DEFINITIONS USED IN THIS CONTRACT
In this Contract, “we”, “us” and “our” each refer to First PREMIER Bank 
(the “Bank”).
“Authorized User” means any person authorized by you to use the Card 
or Credit Account.
“Billing Cycle” begins on the day after the Statement Closing Date of the 
previous Statement and includes the Statement Closing Date of the current 
Statement.
“Card” means all the plastic credit cards we issue to you or any other person 
who  is  authorized  to  use  the  Credit Account.  In  the  event  we  issue  other 
devices by which you can access your Credit Account, those devices will also 
be “Cards” for purposes of this Contract.
“Closing Date” means the last day of any Billing Cycle.
“Credit Account” means the credit card account that we open for you and 
the relationship that is established between you and us by this Contract. This 
Credit Account is used to record transaction activity made by you when you 
access or otherwise utilize the line of credit we extend to you when you use 
your Card.
“New Balance” means the outstanding balance of your Credit Account at 
the end of any Billing Cycle. The New Balance is the sum of the Previous 
Balance (defined as the New Balance shown on your last Statement) less 
payments  and  credits,  plus  new  Cash Advances  and  Purchases  and  our 
charges posted during the Billing Cycle.

“Payment Due Date” means the date we must receive your payment, which 
is not less than 27 days from the Closing Date.
“Proper Form” means that a payment sent by mail or courier follows these 
guidelines:

•	 Payments must be sent to the address on the payment coupon of your 

Statement.

•	 Payments must be made by check or other negotiable instrument in 

U.S. dollars payable to First PREMIER Bank.

•	 All checks or negotiable instruments must be drawn on a U.S. bank or 

at a U.S. branch of a foreign bank.

•	 Payments must not be in the form of cash or third-party checks. 
•	 Your payment coupon must be included with your payment. If your pay-
ment coupon is not included, your name and account number must be 
printed legibly on your check or negotiable instrument.

“Related Credit Account(s)” means any Credit Accounts established using 
the same Social Security Number.
“Statement” is a summary of your Credit Account activity provided to you at 
the end of each Billing Cycle.
“Total  Minimum Amount  Due”  means  the  total  minimum  amount  we  re-
quest that you pay each month as indicated on your Statement. This amount 
includes the Minimum Payment, any Past Due Amount and any Amount Over 
Limit  Due,  which  is  the  amount  by  which  the  New  Balance  exceeds  your 
Credit Limit. (See the Minimum Payment provisions on the Account Opening 
Disclosures printed on the card carrier containing your Card for more infor-
mation on how the “Total Minimum Amount Due” is calculated.)
“You” and “your” mean each and every person who is authorized to use the 
Credit Account, including Authorized Users, joint account holders and other 
persons you authorize to use the Card. 
Other important words used in this Contract begin with capital letters. They 
are defined throughout this Contract.

USING YOUR CARD

Sign Your Card: Be sure to sign your Card before you use it.
If You Do Not Want the Card: If you do not want the Card and Credit Ac-
count, you must contact us by telephone or in writing asking us to close your 
Credit Account.
Do Not Give Your Card to Others: Cards may not be given to anyone else 
to use. Other people who want a Credit Account should apply separately.
Your Responsibility for Authorized Users: If another person is given ac-
cess to your Credit Account with your express or implied permission, not-
withstanding the provision above, that person is an Authorized User, even if 
we did not issue an additional Card in the Authorized User’s name. At your 
request, and if we agree, we may issue an additional Card in the name of an 
Authorized User with your Credit Account number.
You will be responsible for all charges, Cash Advances, INTEREST CHARG-
ES, Purchases and fees incurred by any Authorized User. We are not re-
quired to try to obtain payment from any Authorized User before requiring 
payment from you. 
If you wish to remove an Authorized User from your Credit Account you must 
contact us either by telephone or in writing. You will still be responsible for 
payment of all Purchases, Cash Advances, INTEREST CHARGES and fees 
incurred  or  obtained  by  the Authorized  User.  We  may  close  your  existing 
Credit Account and issue you a new Card and account number. You and each 
Authorized User agree that we may report account information to Consumer 
Reporting Agencies in the names of both you and the Authorized User.
Lost or Stolen Cards: To protect your rights, you must notify us immediately 
at 1-800-987-5521 if your Card is lost or stolen or if you suspect that it has 
been used or may be used without your permission. If your Card is reported 
as lost or stolen or you are claiming unauthorized use of your Credit Account 
or Card, we may require you to file one or more reports with the appropriate 
law enforcement agencies and us prior to our removal of possible unauthor-
ized  charges  made  against  your  Credit Account. You  will  not  be  liable  for 
unauthorized use of your Card. Certain exceptions apply and you may be 
liable for up to $50.00.

Refusal to Accept Your Card: We are not responsible if any person or mer-
chant does not accept your Card, or if an ATM or other device fails to properly 
operate. All transactions, even when you get a receipt, are subject to our final 
verification.
Cards Are  Our  Property:  You  agree  to  return  each  Card  issued  on  your 
Credit Account to us upon our demand.

USING YOUR CREDIT ACCOUNT
Your Promise To Pay: You agree to pay us for all charges, Cash Advances, 
INTEREST CHARGES, Purchases and fees incurred on your Credit Account 
by you, or by any Authorized User, as well as any other fees imposed by us, 
as explained in this Contract. If more than one person requests, accepts or 
uses the Credit Account, each and every person individually and jointly are 
responsible for payment until the account is paid in full.
Joint Account Holders: If this is a joint Credit Account, each person who 
signed the application: (1) may obtain Purchases and Cash Advances not 
to exceed the total credit limit; (2) will be responsible for paying all amounts 
owed; and (3) can close the Credit Account.
Accessing Your Credit Line: You can use the Card and your Credit Account 
to make Purchases and obtain Cash Advances. Upon your request, you may 
be assigned a Personal Identification Number (PIN). If a PIN is assigned to 
you, you can obtain a Cash Advance at any authorized ATM by using the 
Card and PIN.
Understanding  Your  Credit  Limit:  Your  “Credit  Limit”  is  the  maximum 
amount of credit we have approved for your Credit Account. The amount of 
your Credit Limit is printed on the card carrier containing your Card and on 
your Statements. Your balance may not exceed your Credit Limit at any time. 
At our sole discretion, we may honor Purchases or Cash Advances in excess 
of your Credit Limit without raising your Credit Limit. If we do, we may require 
you to pay us any amount over your Credit Limit immediately. Decisions on 
Credit Limit increases may be based on your performance under this Credit 
Account and other Related Credit Accounts you have with us and other credit 
criteria. If we have previously allowed your balance to exceed your Credit 
Limit, it does not mean that we will permit your balance to exceed your Credit 
Limit again. We reserve the right to approve or deny authorizations or trans-
actions from any merchant at our sole discretion.
Obtaining Cash Advances: You may take Cash Advances on your Credit 
Account in any of the following ways: By presenting the Card to us or any 
other participating MasterCard® or Visa® financial institution to obtain cash, 
by using the Card at an authorized merchant, other non-bank entity, or an Au-
tomated Teller Machine (ATM) or other device to obtain cash or cash equiva-
lent, or to make a transfer from your Credit Account to any other deposit or 
loan account. Even if you use your Credit Account to obtain cash from a non-
bank entity, the transaction will be described as a Bank Cash Advance.
You may not take Cash Advances in excess of $500.00 per day. The mini-
mum Cash Advance per transaction is $20.00. For Credit Accounts opened 
on or after June 1, 2003, your initial Cash Advance limit will be 10% of your 
assigned Credit Limit. Once your Credit Account has been open and active 
for a minimum of 90 days, has two consecutive months of current payment 
history, is not currently delinquent and no payments have been returned for 
the past 60 days, your Cash Advance availability may be increased to 50% of 
the assigned Credit Limit. For example, if your Credit Limit is $250.00, your 
beginning Cash Advance limit will be $25.00 and may increase to $125.00 
once the criteria above are met.

RECEIVING STATEMENTS, OTHER INFORMATION AND
COMMUNICATIONS FROM US
Where We Send Statements: We will send Statements and any other no-
tices to you at the address shown in our files. If this is a joint Credit Account, 
we can send Statements and notices to either of you. You agree to notify us 
promptly of any change in your address. We may accept address changes or 
corrections from the United States Postal Service. We may also mail State-
ments and other communications to you at any address we determine to be 
an address at which you can receive mail. If you elect to receive Statements 
and  other  communications  electronically,  we  may  send  those  Statements 
and communications as directed by you.

When You Receive Your Statements: We will send you a Statement at the 
end of each monthly Billing Cycle in which your Credit Account has a debit 
or credit balance of more than $1.00, if an INTEREST CHARGE has been 
imposed or if other account activity has occurred. Your Statements will arrive 
around the same time each month, however we reserve the right to change 
the date of your Billing Cycle at any time.
Understanding Your Statement: The Statements we send to you will reflect 
the activity and our INTEREST CHARGES and other charges, costs and fees 
on your Credit Account during the Billing Cycle. They will also show your Total 
Minimum Amount Due and Payment Due Date, which is the date by which 
we must receive payment. The information contained on the Statement will 
be deemed to be correct unless you advise us in writing of any error within 
60 days of the date on which we send your Statement. If there are more than 
one of you living at different addresses, we will send the Statements only to 
the person named as the “Applicant” in your application.
Your Consent for Calls and/or Text Messages to Your Cellular Phone: If 
we collect your cellular phone number from you, from another source, or as 
a result of receiving a cellular phone call from you, you expressly consent to 
accept from us, our affiliates or any third party acting on our behalf:
(1) Calls or text messages for collection purposes or for other account-related 
purposes, such as to process your application.
(2)  Calls  or  text  messages  that  we  initiate  to  your  cellular  phone  number 
made  or  transmitted  using  any  automatic  telephone  dialing  system  and/or 
containing prerecorded messages.
You agree you will be responsible for any fees or charges you incur as a 
result of incoming calls or text messages from us, from our affiliates or from 
any third party acting on behalf of us or our affiliates.
E-mail:  By  providing  us  with  your  e-mail  address,  you  consent  to  receive 
correspondence electronically from us and our affiliates and service provid-
ers. You agree that we may communicate with you by e-mail for any lawful 
reason.
Other Communication Devices: If you provide us with any other form of 
electronic communication mechanism, you agree that we may communicate 
with you by that mechanism for any lawful reason.

ABOUT YOUR PAYMENTS
Amount of Payment: You must make Minimum Payments on your Credit 
Account. Refer to the Minimum Payment provisions in the Account Opening 
Disclosures printed on the card carrier containing your Card for more detailed 
information. Payments made in any Billing Cycle that are greater than the 
Total Minimum Amount Due will not affect your obligation to make the next 
monthly Minimum Payment. Each month your Statement shows a New Bal-
ance  you  must  pay  the  Total  Minimum Amount  Due.  Generally,  credits  to 
your Credit Account, such as those generated by merchants, are not treated 
as payments on your Credit Account and will not reduce your Total Minimum 
Amount Due. You have until the Payment Due Date shown on the front of 
your Statement, which is not less than 27 days from the Closing Date, to pay 
the Total Minimum Amount Due.
Applying Your Payments: We may apply your payment to whichever bal-
ances we choose to the extent it does not exceed the Total Minimum Amount 
Due shown on your Statement.  The amount of your payment in excess of the 
Total Minimum Amount Due will be applied to balances subject to the highest 
APR prior to balances subject to lower APRs.  We may apply your payment 
to principal amounts, INTEREST CHARGES, fees and other charges in any 
order we choose, and we may change the order of application of payments 
from time to time at our discretion.
Availability of Credit: Available credit created as a result of payments post-
ed to your Credit Account may not be available for up to 20 days, or even 
longer if circumstances warrant an additional hold, or if we deem ourselves 
at risk for any reason. Your available credit may be limited, from time to time, 
if you provide your Credit Account number or Card to a merchant that pro-
cesses advance authorizations, such as hotels, motels and car rental. Such 
an  authorization  may  limit  your  ability  to  make  Purchases  and  take  Cash 
Advances on your Credit Account until the authorization is canceled by the 
merchant and your available credit is released.

Electronic Check Presentment: When you send us a personal check, you 
authorize us to either use information from your check to make a one-time 
electronic transfer from your account, or to process the payment as a check 
transaction. If your check is processed electronically, your canceled check 
will not be returned to you by your financial institution. We will retain an im-
age of your electronically processed check(s) as required by law. If requested 
prior to the time we are allowed by law to destroy electronically processed 
checks,  we  will  provide  you  with  a  copy  of  your  electronically  processed 
check(s) upon your request. Funds may be withdrawn from your bank ac-
count as soon as the day your payment is received. We agree to accept your 
checking account statement as proof of payment. The description on your 
checking account statement will read: PREMIER CR CARD CHECK-PAYMT, 
serial number of the check, amount of the payment and date of the transac-
tion. If you choose to opt out of electronic check presentment, please call our 
Customer Service Department at 1-800-987-5521.
Late Payments: We may accept late payments, partial payments or checks 
or other payment instruments marked to impose terms or conditions of ac-
ceptance such as “paid in full” without waiving any of our rights under this 
Contract, and no attempt by you to impose any term or condition of accep-
tance will be effective against us.  Satisfaction of a debt for less than the full 
amount  due  or  imposition  of  any  other  term  or  condition  on  us  requires  a 
written agreement, signed by an authorized Bank representative.

DEFAULT PROVISIONS
Events of Default: You will be in default of this Contract if any of the follow-
ing occur on this or any Related Credit Account:

•	 You do not pay at least the Total Minimum Amount Due on your Credit 

Account on or before the Payment Due Date.

•	 You die or become legally incompetent. 
•	 You become insolvent or bankrupt. 
•	 You exceed or attempt to exceed your Credit Limit.
•	 You provide us with or have provided us with false or misleading infor-

mation or signatures at any time. 
•	 You fail to comply with this Contract.
•	 You fail to make any payment or perform any promise in any agree-

ment or obligation you have with us. 

•	 Any judgment, lien, attachment or execution is issued against you or 

your property. 

•	 You request an excessive number of replacement Cards.
•	 We reasonably believe that you will not pay amounts owed to us for 

any reason.

If You Are In Default: Upon your default of this Contract, we will have all 
remedies provided by law including, without limitation, and without prior no-
tice or demand, the right to:

•	 Deny use of your Credit Account.
•	 Close or refuse to renew your Credit Account.
•	 Demand the return of your Card(s).
•	 Declare your entire balance immediately due and payable.
•	 Initiate collection activity.
•	 Not replace your Card(s).

Collection Costs: To the extent permitted by law, you must pay all court and 
collection  costs,  including  reasonable  attorneys’  fees,  the  costs  of  placing 
your Credit Account in the Warning Bulletin and the costs of confiscating your 
Card, that we incur as a result of your default.

CLOSING YOUR CREDIT ACCOUNT
We May Suspend or Close Your Credit Account: We may suspend your 
Credit Account privileges or permanently cancel and close your Credit Ac-
count at any time, for any reason.
You May Close Your Credit Account: You may cancel your Credit Account 
at any time by notifying us by telephone or in writing. Even after your Credit 
Account is closed, you remain responsible for paying any amounts you owe 
on the Credit Account according to the terms of this Contract. If this is a joint 
Credit Account, either of you may request that the Credit Account be closed 
and we will honor that request. 

Non Use Inactivity Closure: If you have never made a payment or used 
your Credit Account for a Purchase or Cash Advance, your Credit Account 
will be automatically closed, and all fees posted to your Credit Account will be 
reversed, when your Credit Account becomes 50 days delinquent (75 days 
from the initial Statement Closing Date if you are a resident of the State of 
New York).
Refund  Disclosure:  We  will  refund  your  initial  fees  (those  that  are  billed 
at  the  time  of  account  opening)  if  (1)  you  have  not  used  your  Card  for  a 
Purchase or Cash Advance; and (2) you have not paid a fee after receiving 
a billing statement.  We will refund any Credit Limit Increase Fee charged to 
your Credit Account if you notify us, within 30 days of the date of the Periodic 
Statement on which it appears, that you do not wish to have the credit limit 
increase.  This will result in a reversal of the credit limit increase.  Except as 
described in this paragraph, these fees are non-refundable.  

OTHER TERMS AND CONDITIONS
Required Deposit: We require your Credit Account to be secured by a de-
posit account which you must maintain at First PREMIER Bank. Additional 
terms and conditions governing the deposit account are explained elsewhere 
in this Contract. 
Severability:  If  any  provision  of  this  Contract  is  invalid  or  unenforceable, 
it shall not affect the validity or enforceability of any other provision of this 
Contract. 
Changing This Contract: We may change this Contract from time to time. 
For example, we may change your Credit Account number or the Minimum 
Payment,  add  new  INTEREST  CHARGES  or  fees,  change  the  ANNUAL 
PERCENTAGE RATE or change the method of computing the balance upon 
which we impose INTEREST CHARGES. We may also make other changes. 
We will notify you in writing of any change if required by law. Contract chang-
es will apply to amounts you owe at the time the change is effective and to 
new transactions on your Credit Account, unless otherwise required by law.
Information Sharing: The following describes your agreement with us with 
respect  to  information  sharing.  By  requesting,  obtaining  or  using  a  Credit 
Account from us you agree that we may release information in our records 
regarding you and your Credit Account:

•	 To comply with any properly served subpoena or similar request issued 

by a state or federal agency or court.

•	 To share your credit performance with Consumer Reporting Agencies 
and other creditors who we reasonably believe are or may be doing 
business with you on your Credit Account. 

•	 To provide information on your Credit Account to any third party who 
we believe is conducting an inquiry in accordance with the Federal Fair 
Credit Reporting Act.

•	 To  share  information  with  our  employees,  agents  or  representatives 

performing work for us in connection with your Credit Account.

•	 To communicate information as to our transactions or experiences with 
you to persons or entities related by common ownership or affiliated by 
corporate control or with any third party (including non-affiliates).
We may also share information such as: (1) information other than our 
own transactions with you with persons or entities related to the Bank 
by common ownership or corporate control; or (2) information on your 
Credit Account with certain companies to provide or offer you selected 
products, services or cardholder benefits. You may direct us not to share 
one or both of these. If this is your request call 1-800-987-5521 or notify us in 
writing at First PREMIER Bank, P.O. Box 5528, Sioux Falls, SD 57117-5528. 
Be sure to include your name, address and Credit Account number. You may 
receive a copy of our information on your Credit Account by writing or calling 
us at the address or telephone number listed above. By requesting or obtain-
ing a Credit Account, you authorize us to check your credit history. You au-
thorize your employer, bank and any other references listed to release and/or 
verify information to us and our affiliates in order to determine your eligibility 
for the Credit Account and any renewal or future extension of credit. If you 
ask, you will be told whether or not consumer reports on you were requested 
and the names of the Consumer Reporting Agencies, with their addresses, 

that provided the reports. If you designate an Authorized User to use your 
Card, you understand that account information may also be reported to Con-
sumer Reporting Agencies in the Authorized User’s name.
No Waiver: Even if we do not exercise any right we may have against you, 
we do not intend to waive that right. We can exercise it against you in the 
future.
Binding Effect Upon Death or Incompetency: If we pay a merchant for 
a Purchase or post a Cash Advance to your Credit Account before we re-
ceive  actual  written  notice  of  your  death  or  incompetence,  or  if  we  pay  a 
merchant  for  a  Purchase  made  by  you  or  post  a  Cash Advance  taken  by 
you prior to your death or incompetence, that transaction will be a valid and 
binding Credit Account obligation upon you, your estate and your personal 
representatives.
Our Liability To You: We have no liability to you, other than as placed on us 
by law. We will meet our duty to care for your Credit Account(s) under reason-
able banking procedures. Our mere clerical error or honest mistake will not 
be considered a failure to perform any of our obligations.
Transactions in Foreign Currencies: If you make a transaction in a foreign 
currency, it will be converted into U.S. dollars, and you agree to accept the 
converted amount. Visa USA, Inc. or MasterCard International, Inc. will use 
its currency conversion procedures in effect when processing the transac-
tion. The currency conversion rate will be a rate selected by Visa or Master-
Card, as applicable, from the range of rates available in wholesale currency 
markets for the applicable central processing date, which rate may vary from 
the rate Visa or MasterCard itself receives, or the government-mandated rate 
in effect for the applicable central processing date, in each instance, plus a 
foreign  currency  transaction  fee  in  the  amount  disclosed  on  your Account 
Opening Disclosures printed on the card carrier containing your Card. This 
fee will be paid to us and applied to all transactions posted to your Credit 
Account in a foreign currency, including all Purchase transactions, Cash Ad-
vance transactions, ATM transactions and returns and adjustments (e.g., for 
returned merchandise). The currency conversion rate used on the process-
ing date may be different than the rate that was in effect on the date you con-
ducted the transaction. We do not set the currency conversion rate, and we 
do not receive any portion of it. We do, however, receive a foreign currency 
transaction fee as disclosed on your Account Opening Disclosures printed on 
the card carrier containing your card.
Prohibition on Gambling and Illegal Transactions: Your Card and Credit 
Account  may  not  be  used  in  connection  with  any  gambling  transaction 
(whether legal or illegal). Also, your Card and Credit Account may be used 
only for valid and lawful purposes. If you use, or allow someone else to use 
your Card or Credit Account for any unlawful purpose or for any gambling 
transaction,  you  will  be  responsible  for  such  use  and  may  be  required  to 
reimburse us for all amounts or expenses we pay as a result of such use.
Call  Recording:  We  reserve  the  right  to  monitor  and/or  record  telephone 
calls for quality and training purposes. This includes both calls to and origi-
nated by First PREMIER Bank, PREMIER Bankcard, LLC, or any of our af-
filiates or service providers.

YOUR BILLING RIGHTS
KEEP THIS DOCUMENT FOR FUTURE USE
This notice tells you about your rights and our responsibilities under 
the Fair Credit Billing Act.
What To Do If You Find A Mistake On Your Statement: If you think there is 
an error on your statement, write to us at:
     First PREMIER Bank
     P.O. Box 5524
     Sioux Falls, SD 57117-5524
(You may also contact us on the Web:  www.mypremiercreditcard.com.)
In your letter, give us the following information:
• Account information: Your name and Credit Account Number.
• Dollar amount: The dollar amount of the suspected error.
• Description of problem: If you think there is an error on your bill, describe 
what you believe is wrong and why you believe it is a mistake.