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

$50.00

$8.00

5%

3%

$38.00

$38.00

How We Will Calculate Your Balance:

Billing Rights:

FEES AND INTEREST CHARGES:

Periodic INTEREST CHARGES: INTEREST CHARGES

FEES AND INTEREST CHARGES:

INTEREST CHARGES

How we calculate INTEREST CHARGES:

Average Daily Balance

INTEREST CHARGE

CHARGE

Average Daily Balance

Daily Periodic Rate

INTEREST CHARGE

INTEREST CHARGE

INTEREST

How we calculate Average Daily Balance and Daily Periodic Rate:

Average Daily Balance

Balance

Daily Periodic Rate

ANNUAL PERCENTAGE RATE

Average Daily Balance

Average Daily Balance

Daily Balances
Daily

The APR applicable to Purchases will be applied to fees

assessed to your Credit Account.
Minimum INTEREST CHARGE:

Annual Fee:

INTEREST CHARGE

INTEREST CHARGE

Cash Advance Fee:

INTEREST CHARGE

Foreign Currency Transaction Fee:
Late Fee:
Return Item Charge:

Additional Card Fee:

Credit Limit Increase Fee:

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

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See the Credit Card Contract for further information regarding this
Credit Account. Retain these important documents.

• 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. 
PLEASE  READ  THIS  PROVISION  CAREFULLY.  IT  PROVIDES  THAT  ALL 
DISPUTES  ARISING  OUT  OF  OR  RELATED  TO  THIS  CONTRACT  SHALL 
BE  RESOLVED  BY  BINDING  ARBITRATION.  ARBITRATION  REPLACES 
THE  RIGHT  TO  GO  TO  COURT.  IN  THE  ABSENCE  OF  THIS  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 IN COURT 
BEFORE A JUDGE OR JURY.
RIGHT TO OPT OUT: To exercise your right to opt out you must mail a written notice 
to us so that it is postmarked no later than 45 days after we mail your first Card to 
you. The opt out notice must include your name, address, and Account number, 
must be signed by you (or all of you if there is more than one Account holder) and 
must be mailed to us at: PO Box 5524, Sioux Falls, SD 57117-5524.  If your written 
notice is not postmarked within 45 days from the date we mail your Card to you, 
your  right  to  opt  out  will  terminate,  and  you  agree  that  this  Provision  will  apply. 
Your  decision  to  opt  out  will  not  affect  your  other  rights  or  responsibilities  under 
this Contract, and applies only to this Provision and not to any prior or subsequent 
arbitration provision between you and us.
Parties  and  Matters  Subject  to  Arbitration:  For  purposes  of  this  Provision, 
“we”  and  “us”  include  our  employees,  parent  companies,  subsidiaries,  affiliates, 
beneficiaries,  agents  and  assigns  of  and  other  persons  and  entities  you  assert 
a Claim against in connection with a Claim you assert against us. For purposes 
of  this  Provision,  “Claim”  means  any  claim,  dispute  or  controversy  by  either  you 
or us, arising out of or relating in any way to this Contract, your Credit Account, 
any  transaction  on  your  Credit Account  and  our  relationship.  “Claim”  also  refers 
to  any  interaction  or  communication  between  you  and  us  that  occurred  prior  to 
or  concurrent  with  entering  into  this  Contract,  including  those  now  in  existence, 
regardless  of  present  knowledge.  “Claim”  shall  refer  to  claims  of  every  kind  and 
nature, including, but not limited to, initial claims, counterclaims, cross-claims and 
third-party claims. All Claims are subject to arbitration, regardless of legal theory and 
remedy sought, including, but not limited to, claims based in contract, tort (including 
negligence, intentional tort, fraud and fraud in the inducement), agency, statutory 
law  (federal  and  state),  administrative  regulations  or  any  other  source  of  law 
(including equity). Notwithstanding the foregoing, the word “Claim” does not include 
any dispute or controversy about the validity, enforceability, coverage or scope of 
this Arbitration Provision or any part thereof; all such disputes or controversies are 
for a court and not an arbitrator to decide. However, any dispute or controversy that 
concerns the validity or enforceability of the Contract as a whole is for the arbitrator, 
not a court, to decide.

Agreement to Arbitrate: Any Claim, shall be resolved and settled exclusively and 
finally by binding arbitration, in accordance with this Provision. Binding arbitration 
shall not be required, however, for collection actions we bring in court if you default 
on your Credit Account as set forth in the Contract. Furthermore, both you and we 
retain the right to pursue in a small claims court (or your state’s equivalent court) any 
Claim that is within that court’s jurisdiction, so long as the matter remains in such 
court and advances only on an individual (non-class, non-representative) basis. For 
any Claims covered by this Provision, a party who asserted a Claim in a lawsuit in 
court may elect arbitration with respect to any Claim subsequently asserted in that 
lawsuit by any other party.
Class Action  Waiver:  If  a  Claim  is  arbitrated,  neither  you  nor  we  will  have  the 
right:  (a)  to  participate  in  a  class  action,  private  attorney  general  action  or  other 
representative action in court or in arbitration, either as a class representative or 
class member; or (b) to join or consolidate Claims with Claims of any other persons. 
An  award  in  arbitration  shall  determine  the  rights  and  obligations  of  the  named 
parties only, and only with respect to the Claim(s) in arbitration, and shall not (i) 
determine the rights, obligations, or interests of anyone other than a named party, 
or resolve any Claim of anyone other than a named party; nor (ii) make an award 
for  the  benefit  of,  or  against,  anyone  other  than  a  named  party.    No  arbitration 
administrator or arbitrator shall have the power or authority to waive, modify, or fail 
to enforce this section, and any attempt to do so, whether by rule, policy, arbitration 
decision  or  otherwise,  shall  be  invalid  and  unenforceable.   Any  challenge  to  the 
validity of this Class Action Waiver shall be determined exclusively by a court and 
not  by  the  administrator  or  any  arbitrator.  Thus,  you  agree  that      UNDER  THIS 
ARBITRATION  PROVISION  THERE  IS  NO  RIGHT  OR AUTHORITY  FOR ANY 
CLAIMS TO BE LITIGATED IN COURT OR ARBITRATED ON A CLASS BASIS. 
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.
Voluntary Waiver of the Right to a Jury Trial: As a result of this Provision, neither 
you nor we have the right to litigate any Claim in court or the right to a jury trial on any 
Claim, except as provided above. YOU AGREE THAT YOU ARE VOLUNTARILY 
AND KNOWINGLY WAIVING ANY RIGHT YOU MAY HAVE TO GO TO COURT 
OR TO HAVE A JURY TRIAL.
Governing  Law:  This  agreement  to  arbitrate  is  made  pursuant  to  a  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 or the Contract, this Provision shall govern. The arbitration will be 
conducted before a single arbitrator, whose authority is limited solely to individual 
Claims between you and us. The arbitration will not be consolidated with any other 
arbitration proceeding. Any decision rendered in such arbitration proceeding will be 
final and binding on the parties, except for any appeal rights under the FAA, and 
judgment may be entered in a court of competent jurisdiction. The rules and forms 
of AAA may be obtained as follows: American Arbitration Association, (1-800-778-
7879), 120 Broadway, Floor 21, New York, N.Y. 10271, website at www.adr.org.
Arbitrator’s Authority: The arbitrator shall apply the applicable substantive law, 
consistent  with  the  Federal Arbitration Act;  shall  apply  statutes  of  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.  THE  RULES  AND  PROCEDURES  OF  THE  AAA  OR  OTHER 
ARBITRATION  ORGANIZATION  WILL  GOVERN  THE  RIGHT  TO  ENGAGE  IN 
PRE-ARBITRATION DISCOVERY. Either party may, however, request to expand 
the scope of discovery. If a request is made, within 15 days of the requesting party’s 
notice, the objecting party may submit objections to the arbitrator with a copy of 
the objections provided to the party requesting expansion. The grant or denial of 
a party’s request will be in the sole discretion of the arbitrator, who shall notify the 
parties of the final decision within 20 days of the objecting party’s submission.
The Arbitrator’s Award: The arbitrator may award any damages or other relief or 
remedies that would apply under applicable law to an individual action brought in 
court, including, without limitation, punitive damages (which shall be governed by 
the Constitutional standards employed by the courts), attorneys’ fees and costs and 
injunctive, equitable and declaratory relief (but only in favor of the individual party 
seeking relief and only to the extent necessary to provide relief warranted by that 
party’s individual claim).  At the timely request of either party, the arbitrator shall 
write a brief explanation of the grounds for the decision. Judgment upon the award 
rendered by the arbitrator may be entered in any court having jurisdiction thereof. 
Expenses:  Regardless  of  who  demands  arbitration,  we  will  pay  all  expenses 
of  arbitration,  including  the  filing,  administrative,  hearing  and  arbitrator’s  fees 
(“Arbitration Fees”), to the extent that the Arbitration Fees exceed the amounts you 
would be required to pay for filing a lawsuit in state or federal court, whichever is 
less.  If you have already paid a court filing fee, you will not be required to pay it 
again.  Throughout  the  arbitration,  each  party  shall  bear  his  or  her  own  attorney 
fees and expenses, such as witness and expert witness fees. If you prevail in the 
arbitration of any Claim against us, we will reimburse you for any fees you paid 
to the arbitration organization in connection with the arbitration. The arbitrator will 
have the authority to award fees and costs of attorneys, witnesses and experts to 
the extent permitted by this Contract, the administrator’s rules or applicable law. 
With respect to Claim(s) asserted by you in an individual arbitration, we will pay 
your reasonable attorney, witness and expert fees and costs if and to the extent you 
prevail, if applicable law requires us to or if we must bear such fees and costs in 
order for this Arbitration Provision to be enforced.
Binding  Effect  and  Survival:  You  and  we  agree  that,  except  as  specifically 
provided for above, the arbitrator’s decision will be final and binding on all 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 part of this Provision is deemed or found to be unenforceable for 
any reason, the remainder shall be enforceable, except as follows:

A.  The  parties  to  this  Provision  acknowledge  that  the  provision  titled  “Class 
Action  Waiver”  is  material  and  essential  to  the  arbitration  of  any  disputes 
between the parties and is non-severable from this Provision. If the Class 
Action Waiver is limited, voided or found unenforceable, then this Provision 
(except  for  this  sentence)  shall  be  null  and  void  with  respect  to  such 
proceeding,  subject  to  the  right  to  appeal  the  limitation  or  invalidation  of 
the Class Action Waiver. The parties acknowledge and agree that under no 
circumstances will a class action be arbitrated.

B.  If a Claim is brought seeking public injunctive relief and a court determines 
that  the  restrictions  in  the  Class  Action  Waiver  and/or  elsewhere  in  this 
Provision  prohibiting  the  arbitrator  from  awarding  relief  on  behalf  of  third 
parties are unenforceable with respect to such Claim (and that determination 
becomes final after all appeals have been exhausted), the Claim for public 
injunctive relief will be determined in court and any individual Claims seeking 
monetary relief will be arbitrated.  In such a case the parties will request that 
the court stay the Claim for public injunctive relief until the arbitration award 
pertaining to individual relief has been entered in court.  In no event will a 
Claim for public injunctive relief be arbitrated.

M-125711 

SEC 

05/18

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.
Indemnification: You agree to indemnify us for all damages, costs and expenses, 
including  reasonable  attorney  fees,  we  incur  when  we  attempt  to  contact  you  at 
any third party’s telephone number that you provide to us, including any number for 
which you fail to notify us is no longer associated with you as the subscriber. 
E-mail:  By  providing  us  with  your  e-mail  address,  you  consent  to  receive 
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: You agree and consent that we will record and may monitor 
any calls between you and us. This includes both calls to and originated by First 
PREMIER Bank, PREMIER Bankcard, LLC, our parent corporation, or any of our 
affiliates, agents, independent contractors or service providers.

YOUR BILLING RIGHTS
KEEP THIS DOCUMENT FOR FUTURE USE
This notice tells you about your rights and our responsibilities under the Fair 
Credit Billing Act.
What To Do If You Find A Mistake On Your Statement: If you think there is an 
error on your statement, write to us at:
     First PREMIER Bank
     P.O. Box 5524
     Sioux Falls, SD 57117-5524
(You may also contact us on the Web:  www.mypremiercreditcard.com.)
In your letter, give us the following information:
• Account information: Your name and Credit Account Number.
• Dollar amount: The dollar amount of the suspected error.
• Description of problem: If you think there is an error on your bill, describe what you 
believe is wrong and why you believe it is a mistake.
You must contact us:
• Within 60 days after the error appeared on your Statement.