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

Annual Percentage Rate 19.9%
(APR) for Purchases

APR for Cash Advances 19.9%

Paying Interest

Minimum Interest
Charge

For Credit Card Tips
from the Federal
Reserve Board

Set-up and
Maintenance
Fees

Transaction Fees

Penalty Fees

$50.00

$6.00

5%

3%

$35.00

$35.00

How We Will Calculate Your Balance:

Billing Rights:

FEES AND INTEREST CHARGES:

Periodic INTEREST CHARGES: INTEREST CHARGES
INTEREST CHARGES

FEES AND INTEREST CHARGES:

INTEREST CHARGES

INTEREST CHARGES

INTEREST CHARGES

Computing Periodic INTEREST CHARGES:

INTEREST CHARGE

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

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

Minimum INTEREST CHARGE:

INTEREST CHARGE

INTEREST CHARGE

Annual Fee:

Cash Advance Fee:

INTEREST CHARGE

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

Additional Card Fee:

Credit Limit Increase Fee:

OTHER CHARGES:

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

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

• Within 60 days after the error appeared on your Statement.
• At least three business days before an automated payment is scheduled, if 
you want to stop payment on the amount you think is wrong.
You must notify us of any potential errors in writing (or electronically). You 
may call us, but if you do we are not required to investigate any potential 
errors and you may have to pay the amount in question.
What Will Happen After We Receive Your Letter: When we receive your 
letter, we must do two things:
(1) Within 30 days of receiving your letter, we must tell you that we received 
your letter. We will also tell you if we have already corrected the error.
(2) Within 90 days of receiving your letter, we must either correct the error or 
explain to you why we believe the bill is correct.
While we investigate whether or not there has been an error:
• We cannot try to collect the amount in question, or report you as delinquent 
on that amount.
• The charge in question may remain on your Statement, and we may con-
tinue to charge you interest on that amount.
• While you do not have to pay the amount in question, you are responsible 
for the remainder of your balance.
• We can apply any unpaid amount against your credit limit.
After we finish our investigation, one of two things will happen:
• If we made a mistake: You will not have to pay the amount in question or 
any interest or other fees related to that amount.
• If we do not believe there was a mistake: You will have to pay the amount in 
question, along with applicable interest and fees. We will send you a state-
ment of the amount you owe and the date payment is due. We may then 
report you as delinquent if you do not pay the amount we think you owe.
If you receive our explanation but still believe your bill is wrong, you must 
write to us within 10 days telling us that you still refuse to pay. If you do 
so, we cannot report you as delinquent without also reporting that you are 
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 Pur-
chase was based on an advertisement we mailed to you, or if we own the 
company that sold you the goods or services.)  
(2) You must have used your credit Card for the Purchase. Purchases made 
with Cash Advances from an ATM or with a check that accesses your Credit 
Account do not qualify.
(3)  You must not yet have fully paid for the Purchase.
If all of the criteria above are met and you are still dissatisfied with the Pur-
chase, contact us in writing (or electronically) at:
     First PREMIER Bank
     P.O. Box 5524
     Sioux Falls, SD 57117-5524
     www.firstpremier.com 
While we investigate, the same rules apply to the disputed amount as dis-
cussed above.  After we finish our investigation, we will tell you our decision. 
At that point, if we think you owe an amount and you do not pay, we may 
report you as delinquent. 
Your Liability for Unauthorized Use of Your Credit Account: You will not 
be liable for unauthorized use of your Card or Credit Account. However, to 
protect your rights, you are required to notify us orally or in writing as soon 
as you are aware that your Card or Credit Account has been lost, stolen or 

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

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

TERMS AND CONDITIONS OF YOUR
REQUIRED DEPOSIT ACCOUNT
The following additional terms apply in connection with your required deposit 
account. 
Deposit: An initial deposit account balance is needed to open your Credit 
Account.  The initial deposit account balance amount needed is printed in 
the Truth In Savings Act Disclosure.  Once your Credit Account is opened, 
you may make additional deposits to your deposit account up to a maximum 
deposit account balance of $5,000.00. Any non-cash items tendered for de-
posit, (including items drawn on us) will be given only provisional credit until 
collection is final. We are not responsible for transactions initiated by mail or 
outside depository until we actually receive them. 
Withdrawals:  Since  this  deposit  account  is  collateral  for  your  Credit Ac-
count, 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 de-
posit account, including applicable federal Truth In Savings Act disclosures, 
were provided to you upon our receipt of your initial deposit or in the Truth 
In Savings Act Disclosure.
Ownership of Account: Individuals--If the deposit account is opened in 
the name of one person, it means the owner does not intend to create any 

survivorship rights in any other person. Joint Accounts--If the deposit ac-
count 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 hereaf-
ter 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 writ-
ten notice no later than 30 days after your Credit Account is first opened. If 
we do not receive your written notice within that time frame, your rights to 
opt out will terminate, and you agree that the provisions of this section will 
apply.
PLEASE READ THIS PROVISION CAREFULLY. IT PROVIDES THAT ALL 
DISPUTES  ARISING  OUT  OF  OR  CONNECTED  TO  THIS  CONTRACT 
SHALL BE RESOLVED BY BINDING ARBITRATION. ARBITRATION RE-
PLACES THE RIGHT TO GO TO COURT. IN THE ABSENCE OF THIS AR-
BITRATION AGREEMENT, YOU AND WE MAY OTHERWISE HAVE HAD A 
RIGHT OR OPPORTUNITY TO BRING CLAIMS IN A COURT, BEFORE A 
JUDGE OR JURY AND/OR TO PARTICIPATE IN OR BE REPRESENTED 
IN A CASE FILED IN COURT BY OTHERS (INCLUDING, BUT NOT LIM-
ITED TO, CLASS ACTIONS). EXCEPT AS OTHERWISE PROVIDED, EN-
TERING INTO THIS AGREEMENT CONSTITUTES A WAIVER OF YOUR 
RIGHT TO LITIGATE CLAIMS AND ALL OPPORTUNITY TO BE HEARD 
BY A JUDGE OR JURY.
Parties and Matters Subject to Arbitration: For purposes of this Provision, 
“you” and “us” include the employees, parents, subsidiaries, affiliates, ben-
eficiaries, agents and assigns of you and us. For purposes of this Provision, 
“Claim” means any claim, dispute or controversy by either you or us, arising 
out of or relating in any way to this Contract, this Provision (including claims 
regarding the applicability, enforceability or validity of this Provision), your 
Credit Account, any transaction on your Credit Account and our relationship. 
“Claim” also refers to any interaction or communication between you and us 
that occurred prior to or concurrent with entering into this Contract, includ-
ing 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, includ-
ing, but not limited to, claims based in contract, tort (including negligence, 
intentional  tort,  fraud  and  fraud  in  the  inducement),  agency,  statutory  law 

(federal  and  state),  administrative  regulations  or  any  other  source  of  law 
(including equity).
Agreement to Arbitrate: Any Claim arising out of or relating to this Con-
tract, 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 collec-
tion actions by us relating to your Credit Account. Furthermore, both you and 
we retain the right to pursue in a small claims court any Claim that is within 
that court’s jurisdiction, provided the Claim proceeds on an individual basis. 
However, only a court of law, not an arbitrator, shall determine the validity 
and effect of this Provision’s prohibition of class arbitration. For any Claims 
covered by this Provision, a party who asserted a Claim in a lawsuit in court 
may elect arbitration with respect to any Claim subsequently asserted in that 
lawsuit by any other party.
Voluntary Waiver of the Right to a Jury Trial and Class Action Participa-
tion: As a result of this Provision, neither you nor we have the right to litigate 
any Claim in court or the right to a jury trial on any Claim, except as provided 
above. YOU AGREE THAT YOU ARE VOLUNTARILY AND KNOWINGLY 
WAIVING ANY RIGHT YOU MAY HAVE TO GO TO COURT OR TO HAVE 
A JURY TRIAL. FURTHERMORE, NEITHER YOU NOR WE MAY SERVE 
AS A REPRESENTATIVE, A PRIVATE ATTORNEY GENERAL, OR IN ANY 
OTHER REPRESENTATIVE CAPACITY. SIMILARLY, NEITHER YOU NOR 
WE MAY PARTICIPATE AS A MEMBER OF A CLASS OF CLAIMANTS IN 
A LAWSUIT OF ANY CLAIM.
Prohibition of Class Arbitration: All Claims shall be resolved by binding 
arbitration on an individual basis. Claims made and remedies sought as part 
of a class action, private attorney general or other representative action are 
subject to arbitration on an individual (non-class, non-representative) basis. 
Therefore, the arbitrator has no authority to conduct class-wide proceedings 
and  will  be  restricted  to  resolving  individual  Claims.  UNDER  THIS ARBI-
TRATION PROVISION THERE IS NO RIGHT OR AUTHORITY FOR ANY 
CLAIMS TO BE ARBITRATED ON A CLASS BASIS. Arbitration will only 
be conducted on an individual Claim basis and there is no right or author-
ity  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  SUB-
JECT TO ARBITRATION UNDER THIS PROVISION.
Governing Law: This agreement to arbitrate is made pursuant to a transac-
tion  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  any  of  two  national  arbitra-
tion organizations: the National Arbitration Forum (“NAF”), or the American 
Arbitration Association (“AAA”). 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. In the event of a conflict or inconsistency 
between the respective organization’s rules and this Provision, this Provi-
sion 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 proceed-
ing. 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  each  respective  organization  may  be 
obtained as follows: National Arbitration Forum, (1-800-474-2371), P.O. Box 
50191, Minneapolis, MN 55405, website at www.arb-forum.com; 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 substan-
tive law, consistent with the Federal Arbitration Act; shall apply statutes of 

limitation; and shall honor claims of privilege recognized at law. In conduct-
ing the arbitration proceeding, the arbitrator shall not apply any federal or 
state rules of civil procedure or evidence. PURSUANT TO THIS ARBITRA-
TION PROVISION, THERE IS NO RIGHT TO ENGAGE IN PREARBITRA-
TION  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 pre-
vailing 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  CON-
TRACT. 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 conclu-
sions 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 expens-
es of arbitration, including the filing, administrative, hearing and arbitrator’s 
fees (“Arbitration Fees”), to the extent that the Arbitration Fees exceed the 
amounts you would be required to pay for filing a lawsuit in a court. Through-
out the arbitration, each party shall bear his or her own attorney fees and 
expenses,  such  as  witness  and  expert  witness  fees.  If  you  prevail  in  the 
arbitration of any Claim against us, we will reimburse you for any fees you 
paid to the arbitration organization in connection with the arbitration.
Binding Effect and Survival: You and we agree that, except as specifically 
provided for above, the arbitrator’s decision will be final and binding on all 
parties subject to this Provision. This Provision is binding upon you, us, and 
the heirs, successors, assigns and related third parties of you and us. This 
Provision shall survive termination of your account, whether it be through 
voluntary  payment  of  the  debt  in  full  by  you,  a  legal  proceeding  initiated 
by us to collect a debt that you owe, a bankruptcy by you or a sale of your 
Credit Account by us.
Severability: If any portion of this Provision is deemed invalid or unenforce-
able under any law or statute consistent with the FAA, such a finding shall 
not invalidate any remaining portion of this Provision, the Contract or any 
other agreement entered into by you with us. However, the prohibition on 
class arbitration is not severable from the remainder of this Provision. In the 
event that a court deems the prohibition on class arbitration to be invalid and 
unenforceable, any subsequent class action or representative proceeding 
shall be in a court of law and will not be subject to binding arbitration.

M-106211                   SEC                       04/12

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

YOUR CONTRACT WITH US
Your MasterCard® or Visa® brand Credit Account is governed by the terms 
and conditions in this Contract and the Account Opening Disclosures printed 
on the card carrier containing your Card (“Contract”).
Applicable Law: No matter where you live, our Contract with you and the 
terms of your Credit Account will be governed by the laws of the State of 
South Dakota and applicable federal law.
Effective Date: Unless you are a resident of the State of New York, this 
Contract is effective upon the earlier of (1) the first Purchase made or Cash 
Advance taken on your Credit Account, and (2) the expiration of 30 days 
from  the  date  we  issue  the  Card  to  you  if  you  do  not  provide  us  written 
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 effec-
tive 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 per-
son 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 25 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 re-
quest that you pay each month as indicated on your Statement. This amount 
includes  the  Minimum  Payment,  any  Past  Due Amount  and  any Amount 
Over Limit Due, which is the amount by which the New Balance exceeds 
your  Credit  Limit.  (See  the  Minimum  Payment  provisions  on  the Account 
Opening  Disclosures  printed  on  the  card  carrier  containing  your  Card  for 
more 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 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 
CHARGES, Purchases and fees incurred by any Authorized User. We are 
not required to try to obtain payment from any Authorized User before requir-
ing 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 exist-
ing  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 immedi-
ately 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 ap-
propriate 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 and you 
may be liable for up to $50.00.

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 Ac-
count 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 de-
posit 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 
notices to you at the address shown in our files. If this is a joint Credit Ac-
count, 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 deter-
mine 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 re-
flect 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 State-
ment will be deemed to be correct unless you advise us in writing of any 
error within 60 days of the date on which we send your Statement. If there 
are  more  than  one  of  you  living  at  different  addresses,  we  will  send  the 
Statements only to the person named as the “Applicant” in your application.
Your Consent for Calls and/or Text Messages to Your Cellular Phone: If 
we collect your cellular phone number from you, from another source, or as 
a result of receiving a cellular phone call from you, you expressly consent to 
accept from us, our affiliates or any third party acting on our behalf:
(1) Calls or text messages for collection purposes or for other account-relat-
ed purposes, such as to process your application.
(2) Calls or text messages that we initiate to your cellular phone number 
made or transmitted using any automatic telephone dialing system and/or 
containing prerecorded messages.
You agree you will be responsible for any fees or charges you incur as a 
result of incoming calls or text messages from us, from our affiliates or from 
any third party acting on behalf of us or our affiliates.
E-mail: By providing us with your e-mail address, you consent to receive 
correspondence electronically from us and our affiliates and service provid-
ers. You agree that we may communicate with you by e-mail for any lawful 
reason.
Other Communication Devices: If you provide us with any other form of 
electronic communication mechanism, you agree that we may communicate 
with you by that mechanism for any lawful reason.

ABOUT YOUR PAYMENTS
Amount of Payment: You must make Minimum Payments on your Credit 
Account. Refer to the Minimum Payment provisions in the Account Opening 
Disclosures printed on the card carrier containing your Card for more de-
tailed 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 minimum monthly 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 25 days from the Closing Date, to pay 
the Total Minimum Amount Due.
Applying Your Payments: We may apply your payment to whichever bal-
ances we choose to the extent it does not exceed the Total Minimum Amount 
Due  shown  on  your  Statement.    The  amount  of  your  payment  in  excess 
of  the  Total  Minimum Amount  Due  will  be  applied  to  balances  subject  to 
the highest APR prior to balances subject to lower APRs.  We may apply 
your payment to principal amounts, INTEREST CHARGES, fees and other 
charges in any order we choose, and we may change the order of applica-
tion of payments from time to time at our discretion.
Availability of Credit: Available credit created as a result of payments post-
ed to your Credit Account may not be available for up to 20 days, or even 
longer if circumstances warrant an additional hold, or if we deem ourselves 
at risk for any reason. Your available credit may be limited, from time to time, 
if you provide your Credit Account number or Card to a merchant that pro-
cesses advance authorizations, such as hotels, motels and car rental. Such 
an authorization may limit your ability to make Purchases and take Cash 

Advances on your Credit Account until the authorization is canceled by the 
merchant and your available credit is released.
Electronic Check Presentment: When you send us a personal check, you 
authorize us to either use information from your check to make a one-time 
electronic transfer from your account, or to process the payment as a check 
transaction. If your check is processed electronically, your canceled check 
will  not  be  returned  to  you  by  your  financial  institution.  We  will  retain  an 
image of your electronically processed check(s) as required by law. If re-
quested  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 descrip-
tion  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 present-
ment, please call our Customer Service Department at 1-800-987-5521.
Late  Payments:  We  may  accept  late  payments  or  partial  payments  or 
checks and money orders marked “payment in full” without waiving any of 
our rights under this Contract.

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

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

Account on or before the Payment Due Date.

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

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

ment or obligation you have with us. 

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

your property. 

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

any reason.

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

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

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

CLOSING YOUR CREDIT ACCOUNT
We May Suspend or Close Your Credit Account: We may suspend your 
Credit Account privileges or permanently cancel and close your Credit Ac-
count at any time, for any reason.
You May Close Your Credit Account: You may cancel your Credit Account 
at any time by notifying us by telephone or in writing. Even after your Credit 
Account is closed, you remain responsible for paying any amounts you owe 
on the Credit Account according to the terms of this Contract. If this is a joint 
Credit Account, either of you may request that the Credit Account be closed 
and we will honor that request. 
Non Use Inactivity Closure: If you have never made a payment or used 
your Credit Account for a Purchase or Cash Advance, your Credit Account 

will be automatically closed, and all fees posted to your Credit Account will 
be  reversed,  when  your  Credit Account  becomes  50  days  delinquent  (75 
days  from  the  initial  Statement  Closing  Date  if  you  are  a  resident  of  the 
State of New York).
Refund Disclosure: We will refund your initial fees (those that are billed 
at the time of account opening) if (1) you have not used your Card for a 
Purchase or Cash Advance; and (2) you have not paid a fee after receiving 
a billing statement.  We will refund any Credit Limit Increase Fee charged to 
your Credit Account if you notify us, within 30 days of the date of the Periodic 
Statement on which it appears, that you do not wish to have the credit limit 
increase.  This will result in a reversal of the credit limit increase.  Except as 
described in this paragraph, these fees are non-refundable.  

OTHER TERMS AND CONDITIONS
Required  Deposit:  We  require  your  Credit  Account  to  be  secured  by  a 
deposit  account  which  you  must  maintain  at  First  PREMIER  Bank. Addi-
tional  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 chang-
es. 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 is-

sued 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  his-
tory. 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 re-
ceive actual written notice of your death or incompetence, or if we pay a 
merchant for a Purchase made by you or post a Cash Advance taken by 
you prior to your death or incompetence, that transaction will be a valid and 
binding Credit Account obligation upon you, your estate and your personal 
representatives.
Our Liability To You: We have no liability to you, other than as placed on 
us by law. We will meet our duty to care for your Credit Account(s) under 
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 transac-
tion. The currency conversion rate will be a rate selected by Visa or Master-
Card, as applicable, from the range of rates available in wholesale currency 
markets for the applicable central processing date, which rate may vary from 
the  rate  Visa  or  MasterCard  itself  receives,  or  the  government-mandated 
rate in effect for the applicable central processing date, in each instance, 
plus a foreign currency transaction fee in the amount disclosed on your Ac-
count 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 origi-
nated  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.firstpremier.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: