Annual Percentage Rate 0.0%
(APR) for Purchases

APR for Initial Balance
Transfer

0.0%

APR for Cash Advances 0.0%

19.9%

19.9%

Paying Interest

Minimum Interest
Charge

For Credit Card Tips
from the Consumer
Financial Protection
Bureau

Set-up and
Maintenance
Fees

Transaction Fees

Penalty Fees

To learn more about factors to consider when applying for or using a credit card, visit the
website of the Consumer Financial Protection Bureau at
http://www.consumerfinance.gov/learnmore

None

$84.00

$6.00

5%

3%

$37.00

$35.00

How We Will Calculate Your Balance:

Billing Rights:

FEES AND INTEREST CHARGES:

Periodic INTEREST CHARGES: INTEREST CHARGES
INTEREST CHARGES

INTEREST CHARGES

FEES AND INTEREST CHARGES:

INTEREST CHARGES

Computing Periodic INTEREST CHARGES:

INTEREST CHARGE

INTEREST CHARGES

ANNUAL PERCENTAGE RATE

ANNUAL PERCENTAGE RATE

ANNUAL PERCENTAGE RATE (APR)

well as Purchases and Cash Advances.

ANNUAL PERCENTAGE RATE

This ANNUAL PERCENTAGE RATE will be applied to fees assessed to your Credit Account as

Minimum INTEREST CHARGE:

INTEREST CHARGE

INTEREST CHARGE

Monthly Servicing Fee:

Cash Advance Fee:

INTEREST CHARGE

Foreign Currency Transaction Fee:
Late Fee:
Return Item Charge:

Additional Card Fee:

Credit Limit Increase Fee:

$37.00.

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.

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 reasonable 
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 transaction. 
The currency conversion rate will be a rate selected by Visa or MasterCard, 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 Advance transactions, ATM 
transactions and returns and adjustments (e.g., for returned merchandise). The 
currency conversion rate used on the processing date may be different than the 
rate that was in effect on the date you conducted 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  originated 
by First PREMIER Bank, PREMIER Bankcard, LLC, or any of our affiliates 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.
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 continue 
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 statement 
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 questioning 
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 Purchase 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 Purchase, 
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 discussed 
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. 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 Account 
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.
Maryland Residents: Finance charges will be imposed in amounts or at rates 
not in excess of those permitted by law.
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 Consumer Reporting 
Agencies that have furnished the reports.
Ohio Residents: The Ohio laws against discrimination require that all creditors 
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 compliance with this 
law.
Married  Wisconsin  Residents:  No  provision  of  any  marital  property 
agreement, unilateral statement, or court order applying to marital property will 
adversely 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.
Washington Residents: A service charge will be computed on the outstanding 
balance for each month. You may at any time pay your total unpaid balance.

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 decision. 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  REPLACES 
THE RIGHT TO GO TO COURT. IN THE ABSENCE OF THIS ARBITRATION 
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, 
beneficiaries, 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 Participation: 
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 ARBITRATION 
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 ARBITRATION  UNDER  THIS 
PROVISION.
Governing Law: This agreement to arbitrate is made pursuant to a transaction 
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  both  parties.  The 
arbitration organization that is selected will administer the arbitration pursuant 
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 competent 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 limitation; 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  PROVISION, 
THERE  IS  NO  RIGHT  TO  ENGAGE  IN  PREARBITRATION  DISCOVERY 
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 parties 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 prevailing 
party all remedies available at common law, by statute or in equity, including 
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 RECOVERABLE 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 written 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  addition  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 applicable 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.  Throughout  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 unenforceable 
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 
unenforceable, any subsequent class action or representative proceeding shall 
be in a court of law and will not be subject to binding arbitration.

M-117491 

IDT 

02/16

First PREMIER Bank
CREDIT CARD 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.
Certain Agreements and Waivers: You understand that you are acknowledging, 
confirming and ratifying the debt transferred to your Credit Account as an Initial 
Balance Transfer (“Old Debt”), to the full extent allowed by law, you are waiving 
any defense that would prevent us from collecting the Old Debt. The defenses 
you are waiving include a defense that the time may have expired for filing a 
lawsuit  to  collect  the  Old  Debt.  The  Statue  of  Limitations  requires  a  lawsuit 
be filed within a specific time after a debt is in default and would prevent the 
collection of the debt in a court of law if a lawsuit is not filed within the required 
time. You agree that this Contract: (1) serves as your written acknowledgement 
of the justness and accuracy of the Old Debt; (2) evidences your willingness 
and promise to pay the Old Debt pursuant to the terms of this Contract; and (3) 
serves as your signature to, and acceptance of, this Contract to the full extent 
required by any applicable law and establishes a written agreement between 
you and us. Even though your agreement to transfer the Old Debt to a Credit 
Account with us would allow us to sue you for non-payment of the Old Debt if 
you do not pay as agreed (as explained previously), we irrevocably agree that 
we will not sue for collection of any portion of the Old Debt at any time. We do 
not, however, waive our right to sue you for any balance other than the Old 
Debt, such as Purchases, Cash Advances, INTEREST CHARGES, costs and 
fees, that are created after your Credit Account is opened. You also understand 
that by transferring the Old Debt to a Credit Account with us, the Old Debt will be 
included in the balance on your Credit Account that we may report to Consumer 
Reporting Agencies. The Fair Credit Reporting Act prohibits reporting balances 
which were charged off more than seven years previously. By transferring the 
Old Debt to a Credit Account with us, the balance of the Old Debt will become 
a new obligation on your Credit Account which may be reported to Consumer 
Reporting Agencies beyond the seven-year period applicable to the Old Debt. 
You agree not to use this Credit Account unless you sign the back of your Card 
and accept the conditions of this Contract.
Effective Date: This Contract is effective upon the transfer of the Old Debt to 
your Credit Account as an Initial Balance Transfer. If, after reading this Contract, 
you do not agree to all terms hereof, you must notify us in writing within 30 days 
after we mail this Contract to you that you do not wish to be bound by the terms 
of the Contract and your Credit Account will be closed and the Initial Balance 
Transfer applied to your Credit Account will be reversed. The settled amount of 
the debt that had been transferred to your Credit Account will then be subject 
to collection efforts. You will be responsible for any other Purchase or Cash 
Advance applied to your Credit Account even if your Credit Account is cancelled 
as described in this paragraph. You may or may not be able to renegotiate a 
new settlement with the owner of the debt.

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 
payment 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 request 
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 information 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 Account, 
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 access 
to your Credit Account with your express or implied permission, notwithstanding 
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 CHARGES, 
Purchases and fees incurred by any Authorized User. We are not required 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 unauthorized charges made 
against your Credit Account. You will not be liable for unauthorized use of your 
Card. Certain exceptions apply.
Refusal  to  Accept  Your  Card:  We  are  not  responsible  if  any  person  or 
merchant  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. Your Credit Limit is the 
same  amount  as  your  Initial  Balance  Transfer  when  you  open  your  Credit 
Account, so you will not be able to use your card for other Purchases or Cash 
Advances  until  you  make  a  payment. The  amount  of  available  credit  at  any 
time will be your Credit Limit minus the balance of your Initial Balance Transfer 
and any other Purchases, Cash Advances, INTEREST CHARGES, fees and 
other charges. When your Credit Account is first opened, your available credit 
will be $0 until you pay at least the total Minimum Amount Due. The amount 
of  available  credit  will  not  necessarily  be  equal  to  the  amount  of  payments 
made to your Credit Account because fees, INTEREST CHARGES and other 
charges may be applied to 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 transactions 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 Automated 
Teller Machine (ATM) or other device to obtain cash or cash equivalent, 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 minimum 
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. In any event, you will not be able to obtain a Cash Advance to 
the extent you do not have available credit.

RECEIVING STATEMENTS, OTHER INFORMATION AND
COMMUNICATIONS FROM US
Where We Send Statements: We will send Statements and any other notices 
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 
Statements 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.
Consent to calls and messages using autodialer, prerecorded message 
and artificial voice: You agree and expressly consent that we and our agents, 
affiliates, contractors, subcontractors, and assignees may call or contact you 
at  any  cellular,  mobile,  home,  work,  or  other  telephone  number,  electronic 
mail address, or other digital or electronic communication terminal, link, point 
or address of any kind whatsoever that (a) you provide or use to contact us, 
(b) we obtain from a third party such as an employer, friend, family member, 
another creditor, or person with whom you have done business, or (c) we obtain 
through  any  legal  means,  including  without  limitation,  a  caller  identification 
system that captures your number.  You expressly consent to receiving calls, 
text  messages  and  other  communications  from  us,  our  agents,  affiliates, 
contractors, subcontractors, and assignees on any number that is assigned to 
a cellular telephone service, wired telephone service, paging service, facsimile 
machine,  specialized  mobile  radio  service,  radio  common  carrier  service, 
internet  protocol  service,  or  other  electronic,  digital  or  analog  service  that  is 

placed through or utilizes an automatic telephone dialing system, artificial voice 
or  pre-recorded  message,  or  any  other  technology,  even  if  you  incur  a  cost 
when we contact you.  You accept responsibility for all costs you incur when 
contacted through any of these means.
E-mail:  By  providing  us  with  your  e-mail  address,  you  consent  to  receive 
correspondence electronically from us and our affiliates and service providers. 
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  Balance  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 balances 
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 posted 
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  processes  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 image 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  account  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 transaction. 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 acceptance 
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 acceptance 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 following 
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 

information or signatures at any time. 

•  You fail to comply with this Contract.
•  You fail to make any payment or perform any promise in any agreement 

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 notice 
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 Account 
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. 
No Initial Payment Closure: If you do not make your initial Minimum Payment 
within  85  days  of  the  Account  Opening  Date,  your  Credit  Account  will  be 
automatically  closed  and  the  Initial  Balance  Transfer  posted  to  your  Credit 
Account will be reversed.

REFUND DISCLOSURE
Initial Fee Refunds: The following describes our policy concerning the refund 
of initial fees (those fees that are billed on your first statement):

When we will provide a full refund.  We will refund the initial fees if you 
have not made a Purchase or obtained a Cash Advance and either of the 
following are true:

•  Your account is closed within 11 days following the payment due 

date shown on your first billing statement; or

•  Your account is closed before you pay anything after receiving a 

billing statement.

When we will provide a partial refund.  If your account is closed more 
than 11 days after the payment due date on your first billing statement, 
we will refund the unpaid amount of the outstanding fees even if you have 
made a payment after receiving a billing statement as long as you have 
not made a Purchase or obtained a Cash Advance. However, we will not 
refund any amount you have previously paid, including any other fees 
billed to your account.

When we will not provide a refund.  We have no obligation to refund fees 
or interest after you make a Purchase or obtain a Cash Advance following 
receipt of these disclosures.      

Credit Limit Increase Fee Refunds:  We will refund the Credit Limit Increase 
Fee if you reject the credit limit increase within 30 days after the date of the 
billing statement on which the fee is billed. This will result in a reversal of the 
credit limit increase.

OTHER TERMS AND CONDITIONS
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 changes 
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.  We 
will not change our promise not to sue you for the balance of your Old Debt 
transferred to this Credit Account when your Credit Account is first opened.
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 obtaining 
a Credit Account, you authorize us to check your credit history. You authorize 
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 Consumer 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 receive 
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