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

$75.00

None

$45.00

$78.00

$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

ANNUAL PERCENTAGE RATE (APR)
PERCENTAGE RATE
Account as well as Purchases and Cash Advances.

INTEREST CHARGES

This ANNUAL PERCENTAGE RATE will be applied to fees assessed to your Credit

ANNUAL

Minimum INTEREST CHARGE:

INTEREST CHARGE

INTEREST CHARGE

Annual Fee:

Monthly Servicing Fee:

Cash Advance Fee:

INTEREST CHARGE

Foreign Currency Transaction Fee:
Late Fee:
Return Item Charge:

Additional Card Fee:

Credit Limit Increase Fee:

Copying Fee:
Credit Insurance:
Express Delivery Fee:
Wire Transfer Fee:
Minimum Payment: Cutoff Time and Form of Payment:

OTHER CHARGES:

Rate Information:
Minimum Balance Limitations:

Transaction Limitations:

TRUTH IN SAVINGS DISCLOSURE - SECURITY DEPOSIT ACCOUNT

h

h

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See the Credit Card Contract for further information regarding this
Credit Account. Retain these important documents.

• 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.
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.

TERMS AND CONDITIONS OF YOUR
REQUIRED DEPOSIT ACCOUNT
The  following  additional  terms  apply  in  connection  with  your  required  deposit 
account. 
Deposit:  An  initial  deposit  account  balance  is  needed  to  open  your  Credit 
Account.  The initial deposit account balance amount needed is printed in the Truth 
In Savings Act Disclosure.  Once your Credit Account is opened, you may make 
additional deposits to your deposit account up to a maximum deposit account 
balance of $5,000.00. Any non-cash items tendered for deposit, (including items 
drawn on us) will be given only provisional credit until collection is final. We are 
not responsible for transactions initiated by mail or outside depository until we 
actually receive them. 
Withdrawals:  Since  this  deposit  account  is  collateral  for  your  Credit Account, 
withdrawals are not permitted from this deposit account while there remains an 
outstanding  balance  in  your  Credit Account  or  while  you  retain  possession  of 
any Card. In the event that your Credit Account is cancelled either by you or by 
us, we shall have a period of ninety (90) days from the earlier of the date of the 
return of your Card or the expiration date of the Card for all charges made on the 
Card to clear. When we receive payment in full under your Credit Account, and 
upon the expiration of this period, we will remit to you the full amount remaining 
in your deposit account.
Additional Terms and Disclosures: Additional information about your deposit 
account,  including  applicable  federal  Truth  In  Savings  Act  disclosures,  were 

provided to you upon our receipt of your initial deposit or in the Truth In Savings 
Act Disclosure.
Ownership  of  Account:  Individuals--If  the  deposit  account  is  opened  in 
the  name  of  one  person,  it  means  the  owner  does  not  intend  to  create  any 
survivorship rights in any other person. Joint Accounts--If the deposit account 
is opened in the name of more than one person, each person intends that upon 
their death the balance in the deposit account (subject to the pledge to us) will 
belong to the surviving person(s) named on the account. 
Bankruptcy: If you become a debtor in any proceeding under the United States 
Bankruptcy Code you agree that you will recognize us as a perfected secured 
creditor with respect to the deposit account and that you will declare the deposit 
account  as  exempt  property  pursuant  to  the  provisions  of  the  United  States 
Bankruptcy Code or applicable State exemption laws.
Amendments:  We  may  amend  the  terms  and  conditions  applicable  to  Your 
Required Deposit Account separately from the remainder of this Contract at any 
time upon reasonable notice to you by mail, as required by law. If this is a joint 
account, notice by us to one of you is notice to both. 
Pledge  Agreement:  As  a  security  for  the  payment  of  all  credit  extended 
through  your  Credit Account,  you  pledge  to,  and  grant  First  PREMIER  Bank, 
its  successors  and  assigns,  a  security  interest  in  all  funds  now  and  hereafter 
deposited in your deposit account. You authorize us to unconditionally restrict 
withdrawals from your deposit account. If your Credit Account is in default, or if 
your Credit Account is terminated for any reason, we may at any time thereafter, 
and without notice to you (unless otherwise required by law), apply all or part of 
the funds in your deposit account to the payment of any and all amounts owed on 
your Credit Account. We may also exercise any other remedies under the terms 
of this Contract or otherwise available in law. 

ARBITRATION AND LITIGATION
This  Arbitration  Provision  (“Provision”)  facilitates  the  prompt  and  efficient 
resolution of any disputes that may arise between you and us. Arbitration is a 
form  of  private  dispute-resolution  in  which  persons  with  a  dispute  waive  their 
rights to file a lawsuit, to proceed in court and to a jury trial, and instead submit 
their disputes to a neutral third person (an arbitrator) for a binding 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” 
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), 

include 

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 the 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-117495 

SEC 

02/16

First PREMIER Bank
CREDIT CARD AND DEPOSIT ACCOUNT CONTRACT 
AND ACCOUNT OPENING DISCLOSURES (cont’d)
This Contract explains the terms and conditions of your Credit Account with us, 
including important provisions relating to arbitration and litigation. For additional 
important information on fees and INTEREST CHARGES and other contract 
provisions that apply to your Credit Account, please review the Account 
Opening Disclosures printed on the card carrier containing your Card. Be 
sure to retain all Contract documents for future reference.

YOUR CONTRACT WITH US
Your MasterCard® or Visa® brand Credit Account is governed by the terms and 
conditions in this Contract and the Account Opening Disclosures printed on the 
card carrier containing your Card (“Contract”).
Applicable Law: No matter where you live, our Contract with you and the terms 
of your Credit Account will be governed by the laws of the State of South Dakota 
and applicable federal law.
Effective Date: Unless you are a resident of the State of New York, this Contract 
is effective upon the earlier of (1) the first Purchase made or Cash Advance taken 
on your Credit Account, and (2) the expiration of 30 days from the date we issue 
the Card to you if you do not provide us written 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 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. 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.

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. 
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 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
Required Deposit: We require your Credit Account to be secured by a deposit 
account  which  you  must  maintain  at  First  PREMIER  Bank.  Additional  terms 
and  conditions  governing  the  deposit  account  are  explained  elsewhere  in  this 
Contract. 
Severability: If any provision of this Contract is invalid or unenforceable, it shall 
not affect the validity or enforceability of any other provision of this Contract. 
Changing This Contract: We may change this Contract from time to time. For 
example, we may change your Credit Account number or the Minimum Payment, 
add new INTEREST CHARGES or fees, change the ANNUAL PERCENTAGE 
RATE or change the method of computing the balance upon which we impose 
INTEREST CHARGES. We may also make other changes. We will notify you in 
writing of any change if required by law. Contract 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  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 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: