Annual Percentage Rate 36.0%
(APR) for Purchases

APR for Cash Advances 36.0%

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

$25.00

$79.00

$96.00

$144.00

$8.00

5%

3%

$38.00

$38.00

How We Will Calculate Your Balance:

Billing Rights:

Program Fee:

Available Credit Limitations:

FEES AND INTEREST CHARGES:

Periodic INTEREST CHARGES: INTEREST CHARGES

FEES AND INTEREST CHARGES:

INTEREST CHARGES

How we calculate INTEREST CHARGES:

Average Daily Balance

INTEREST CHARGE

CHARGE

Average Daily Balance

Daily Periodic Rate

INTEREST CHARGE

INTEREST CHARGE

INTEREST

How we calculate Average Daily Balance and Daily Periodic Rate:

Average Daily Balance

Balance

Daily Periodic Rate

ANNUAL PERCENTAGE RATE

Average Daily Balance

Average Daily Balance

Daily Balances
Daily

The APR applicable to Purchases will be applied to fees

assessed to your Credit Account.
Minimum INTEREST CHARGE:

Annual Fee:

Monthly Fee:

INTEREST CHARGE

INTEREST CHARGE

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.

First PREMIER Bank, PREMIER Bankcard, LLC, our parent corporation, or 
any of our affiliates, agents, independent contractors 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 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 can-
not 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 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. 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.
Maryland Residents: Finance charges will be imposed in amounts or at rates 
not in excess of those permitted by law.
Maine  Residents:  Credit  insurance  provided  herein  is  voluntary  and  you 
have the right to cancel such credit insurance at any time.
Vermont Residents: First PREMIER Bank may obtain a consumer report for 
any legitimate purpose in connection with your Credit Account or your applica-
tion, 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 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.
Washington Residents: A service charge will be computed on the outstand-
ing balance for each month. You may at any time pay your total unpaid bal-
ance.

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. 
PLEASE READ THIS PROVISION CAREFULLY. IT PROVIDES THAT ALL 
DISPUTES ARISING OUT OF OR RELATED TO THIS CONTRACT SHALL 
BE RESOLVED BY BINDING ARBITRATION. ARBITRATION REPLACES 
THE  RIGHT  TO  GO  TO  COURT.  IN  THE ABSENCE  OF  THIS ARBITRA-
TION 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 IN COURT BEFORE A JUDGE OR JURY.
RIGHT TO OPT OUT: To exercise your right to opt out you must mail a written 
notice to us so that it is postmarked no later than 45 days after we mail your 
first Card to you. The opt out notice must include your name, address, and 
Account number, must be signed by you (or all of you if there is more than 
one Account holder) and must be mailed to us at: PO Box 5524, Sioux Falls, 
SD 57117-5524.  If your written notice is not postmarked within 45 days from 
the date we mail your Card to you, your right to opt out will terminate, and you 
agree that this Provision will apply. Your decision to opt out will not affect your 
other  rights  or  responsibilities  under  this  Contract,  and  applies  only  to  this 
Provision  and  not  to  any  prior  or  subsequent  arbitration  provision  between 
you and us.
Parties and Matters Subject to Arbitration: For purposes of this Provision, 
“we” and “us” include our employees, parent companies, subsidiaries, affili-
ates, beneficiaries, agents and assigns of and other persons and entities you 
assert a Claim against in connection with a Claim you assert against 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, 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). Not-
withstanding the foregoing, the word “Claim” does not include any dispute or 
controversy about the validity, enforceability, coverage or scope of this Arbitra-
tion Provision or any part thereof; all such disputes or controversies are for 
a court and not an arbitrator to decide. However, any dispute or controversy 
that concerns the validity or enforceability of the Contract as a whole is for the 
arbitrator, not a court, to decide.
Agreement to Arbitrate: Any Claim, 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 we bring in 
court if you default on your Credit Account as set forth in the Contract. Fur-
thermore, both you and we retain the right to pursue in a small claims court 
(or your state’s equivalent court) any Claim that is within that court’s jurisdic-
tion, so long as the matter remains in such court and advances only on an 
individual (non-class, non-representative) basis. 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.
Class Action Waiver: If a Claim is arbitrated, neither you nor we will have 
the right: (a) to participate in a class action, private attorney general action 
or other representative action in court or in arbitration, either as a class rep-
resentative or class member; or (b) to join or consolidate Claims with Claims 
of any other persons. An award in arbitration shall determine the rights and 
obligations of the named parties only, and only with respect to the Claim(s) 
in arbitration, and shall not (i) determine the rights, obligations, or interests of 
anyone other than a named party, or resolve any Claim of anyone other than a 

named party; nor (ii) make an award for the benefit of, or against, anyone oth-
er than a named party.  No arbitration administrator or arbitrator shall have the 
power or authority to waive, modify, or fail to enforce this section, and any at-
tempt to do so, whether by rule, policy, arbitration decision or otherwise, shall 
be invalid and unenforceable.  Any challenge to the validity of this Class Ac-
tion Waiver shall be determined exclusively by a court and not by the admin-
istrator or any arbitrator. Thus, you agree that   UNDER THIS ARBITRATION 
PROVISION THERE IS NO RIGHT OR AUTHORITY FOR ANY CLAIMS TO 
BE LITIGATED IN COURT OR ARBITRATED ON A CLASS BASIS. Arbitra-
tion 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.
Voluntary Waiver of the Right to a Jury Trial: 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.
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 
or the Contract, 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, except for any appeal rights under the 
FAA, and judgment may be entered in a court of competent jurisdiction. The 
rules and forms of AAA may be obtained as follows: American Arbitration As-
sociation, (1-800-778-7879), 120 Broadway, Floor 21, New York, N.Y. 10271, 
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. THE RULES AND PROCEDURES OF THE 
AAA  OR  OTHER  ARBITRATION  ORGANIZATION  WILL  GOVERN  THE 
RIGHT TO ENGAGE IN PRE-ARBITRATION DISCOVERY. 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  may  award  any  damages  or  other 
relief or remedies that would apply under applicable law to an individual ac-
tion brought in court, including, without limitation, punitive damages (which 
shall be governed by the Constitutional standards employed by the courts), 
attorneys’ fees and costs and injunctive, equitable and declaratory relief (but 
only in favor of the individual party seeking relief and only to the extent neces-

sary to provide relief warranted by that party’s individual claim).  At the timely 
request  of  either  party,  the  arbitrator  shall  write  a  brief  explanation  of  the 
grounds for the decision. Judgment upon the award rendered by the arbitrator 
may be entered in any court having jurisdiction thereof. 
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 state or federal 
court, whichever is less.  If you have already paid a court filing fee, you will 
not be required to pay it again. 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 connec-
tion with the arbitration. The arbitrator will have the authority to award fees 
and costs of attorneys, witnesses and experts to the extent permitted by this 
Contract, the administrator’s rules or applicable law. With respect to Claim(s) 
asserted by you in an individual arbitration, we will pay your reasonable at-
torney, witness and expert fees and costs if and to the extent you prevail, if 
applicable law requires us to or if we must bear such fees and costs in order 
for this Arbitration Provision to be enforced.
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 par-
ties 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 Provi-
sion 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 part of this Provision is deemed or found to be unenforce-
able for any reason, the remainder shall be enforceable, except as follows:

A.  The  parties  to  this  Provision  acknowledge  that  the  provision  titled 
“Class Action Waiver” is material and essential to the arbitration of any 
disputes between the parties and is non-severable from this Provision. 
If  the  Class Action  Waiver  is  limited,  voided  or  found  unenforceable, 
then this Provision (except for this sentence) shall be null and void with 
respect to such proceeding, subject to the right to appeal the limitation 
or invalidation of the Class Action Waiver. The parties acknowledge and 
agree that under no circumstances will a class action be arbitrated.
B.  If a Claim is brought seeking public injunctive relief and a court deter-
mines that the restrictions in the Class Action Waiver and/or elsewhere 
in this Provision prohibiting the arbitrator from awarding relief on behalf 
of third parties are unenforceable with respect to such Claim (and that 
determination becomes final after all appeals have been exhausted), 
the Claim for public injunctive relief will be determined in court and any 
individual  Claims  seeking  monetary  relief  will  be  arbitrated.    In  such 
a case the parties will request that the court stay the Claim for public 
injunctive relief until the arbitration award pertaining to individual relief 
has been entered in court.  In no event will a Claim for public injunctive 
relief be arbitrated.

M-125713 

PF 

05/18

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 ad-
ditional  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 notice 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 de-
vices 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 request 
that you pay each month as indicated on your Statement. This amount in-
cludes 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 informa-
tion 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 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 unauthor-
ized use of your Card. Certain exceptions apply. 
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 or accepts 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 transac-
tions 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 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.
Consent  to  calls  and  messages  using  autodialer,  prerecorded  mes-
sage  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 sys-
tem, 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.
Indemnification: You agree to indemnify us for all damages, costs and ex-
penses,  including  reasonable  attorney  fees,  we  incur  when  we  attempt  to 
contact  you  at  any  third  party’s  telephone  number  that  you  provide  to  us, 
including any number for which you fail to notify us is no longer associated 
with you as the subscriber. 
E-mail: By providing us with your e-mail address, you consent to receive cor-
respondence 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 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 
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 au-
thorization 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 accep-
tance such as “paid in full” without waiving any of our rights under this Con-
tract, 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 agree-
ment, 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 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 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 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
Initial Fee Refunds:  The following describes our policy concerning the re-
fund of the Program Fee and initial fees (those fees that are billed on your 
first statement):

When we will provide a full refund.  We will refund the Program Fee 
and 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 the 
Program Fee or 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.  

We will also refund any amount of the Program Fee you have paid if your ac-
count is not opened within 85 days after we approve your application.
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 Con-
tract. 
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.
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 call-
ing  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 eligibil-
ity 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 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 
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  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 transac-
tions, ATM transactions and returns and adjustments (e.g., for returned mer-
chandise). 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 re-
ceive 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 (wheth-
er 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: You agree and consent that we will record and may monitor 
any calls between you and us. This includes both calls to and originated by