Annual Percentage Rate 49.9%
(APR) for Purchases

APR for Cash Advances 49.9%

Your due date is at least 27 days after the close of each billing cycle. We will not charge you interest
on purchases if you pay your entire balance by the due date each month. We will begin charging
interest on cash advances on the transaction date.

If you are charged interest, the charge will be no less than $1.00.

To learn more about factors to consider when applying for or using a credit card, visit the website of
the Federal Reserve Board at http://www.federalreserve.gov/creditcard.

Paying Interest

Minimum Interest
Charge

For Credit Card Tips
from the Federal
Reserve Board

Set-up and
Maintenance
Fees

‘ Annual Fee

$75.00

for first year; after first year,

$45.00

annually

‘ Monthly Servicing Fee None

for first year; after first year,

$78.00

annually ($6.50 per month)

Transaction Fees

‘ Cash Advance

Either

$6.00

or

5%

of the amount of each cash advance, whichever is greater.

‘ Foreign Currency

3%

for each transaction in U.S. dollars.

Penalty Fees

‘ Late Payment

Up to $35.00

‘ Return Item Charge

Up to $35.00

How We Will Calculate Your Balance: We use a method called 'average daily balance (including current transactions).'
See your Account Opening Disclosures for more details.

Billing Rights: Information on your rights to dispute transactions and how to exercise those
rights is provided in your Credit Card Contract and on the back of your Statement.

  
                                                                                                                                                               
                                                                                                  
  
  
  
FEES AND INTEREST CHARGES:

FEES AND INTEREST CHARGES: The amount of required fees assessed on your Credit Account during the first year of account opening will not be more than 25% of
your initial Credit Limit. Your Credit Account is subject to the following fees and
Periodic INTEREST CHARGES: INTEREST CHARGES are imposed when you obtain a Cash Advance and when a Purchase is posted to your Credit Account.
INTEREST CHARGES are imposed from the time a Purchase is posted until it is paid in full. However if you pay your previous balance in full on or before the Payment Due
Date shown on your previous Statement, you will have a grace period on Purchases of 27 days (from the Statement Closing Date to the Payment Due Date) and your current
to the extent you pay the current Statement in full on or before the Payment Due Date. There is no
Purchases balance will not be subject to periodic
grace period for transactions that post to your Credit Account as Cash Advances. These transactions are subject to
from the date of the transaction.
Computing Periodic INTEREST CHARGES:
is determined by multiplying the "Average Daily Balance" for Purchases and for Cash Advances
outstanding during the monthly Billing Cycle by the monthly "Periodic Rate". The monthly Periodic Rate for Purchases and for Cash Advances is determined by dividing the
ANNUAL PERCENTAGE RATE (APR) by 12. The Monthly "Periodic Rate" for Purchases is 4.1583% and for Cash Advances is 4.1583%. This is equivalent to an
ANNUAL PERCENTAGE RATE
Credit Account as well as Purchases and Cash Advances.

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

, each of which will be billed to your Credit Account as a Purchase.

of 49.9% for Purchases and 49.9% on Cash Advances.

INTEREST CHARGES

INTEREST CHARGES

INTEREST CHARGES

INTEREST CHARGE

The

Reduction of the ANNUAL PERCENTAGE RATE
Credit Account may be automatically reduced from 49.9% to 39.9%. To qualify for a reduced 39.9%
limit, and your Credit Account must have never been more than 30 days past due in any previous Billing Cycle. Your Credit Account will be reviewed one time only for this
reduction. If your Credit Account does not meet the above criteria when reviewed, the
eligibility to reduce the

: After your Credit Account has been open for 12 months, in month 13, the

will not be reduced and your Credit Account will not be reviewed again for

, your Credit Account cannot be currently past due or over the credit

ANNUAL PERCENTAGE RATE

on your

.APR

APR

APR

The minimum

INTEREST CHARGE

is $1.00 for each Billing Cycle during which an

The "Average Daily Balance" is computed by taking the beginning balance of your Credit Account on each day, calculated separately for Purchases and Cash Advances,
adding new Purchases and/or Cash Advances and subtracting any payments or credits to get each day's daily balance. The daily balances are then added together and
divided by the number of days in the Billing Cycle to get the "Average Daily Balance".
Minimum INTEREST CHARGE:
imposed. During the first 12 months your Credit Account is open, any interest assessed on the Credit Account will be equal to the actual accrued interest.
Annual Fee: We impose an Annual Fee on your Credit Account of $75.00 for the first year, and $45.00 for each subsequent year. The Annual Fee will be charged once the
Credit Account is opened, and in about the same Billing Cycle of each following year. Refer to the Refund Disclosure for additional information.
Monthly Servicing Fee: Your Credit Account will be charged a Monthly Servicing Fee of $6.50 per month ($78.00 annually) until your Credit Account is closed and the
balance is $20.00 or less. This fee will not be assessed in the first 12 months your Credit Account is open.
Cash Advance Fee:
whichever is greater. This fee will not be assessed to Cash Advances taken in the first 12 months your Credit Account is open.
Foreign Currency Transaction Fee: 3% of the Transaction Amount in U.S. dollars. This fee will not be assessed to foreign transactions made in the first 12 months your
Credit Account is open.
Late Fee: In every Billing Cycle in which your payment is late, you will be charged a Late Fee up to $35.00.
Return Item Charge: We impose a Return Item Charge up to $35.00 when a payment on your Credit Account is returned by the financial institution on which it was drawn
for insufficient funds or any other reason. The charge may be imposed even if we elect to re-present the item and it is paid upon our re-presentment.

on Cash Advances, there is an additional fee of $6.00 or 5% of the amount of each Cash Advance,

based on a periodic rate is

In addition to the periodic

INTEREST CHARGE

INTEREST CHARGE

OTHER CHARGES:
Additional Card Fee: If you authorize us to issue an additional Card on the Credit Account there is an Additional Card Fee of $29.00 imposed annually for each additional
Card.
Credit Limit Increase Fee: Each time your Credit Account is eligible for and approved for an unsecured credit limit increase, a Credit Limit Increase Fee in the amount of
25% of the amount of the credit limit increase will be assessed to your Credit Account. For example: If approved for a $100.00 credit limit increase, a $25.00 Credit Limit
Increase Fee will be assessed to your Credit Account, which will result in an additional available credit of $75.00 on your Credit Account. This fee is automatically assessed
upon approval of your credit limit increase, which could be as soon as your Credit Account has been open for 13 months. Refer to the Refund Disclosure for additional
information.
Copying Fee: If you request a duplicate of any sales draft, Statement, or other document, we will charge you $3.00 for each copy we provide.
Credit Insurance: Disability and loss of income insurance is not required.
Express Delivery Fee: We impose a $35.00 fee for the express delivery of your Card. This service is only available for lost, stolen, or replacement Cards.
Wire Transfer Fee: $5.00 per Transaction.
Minimum Payment: Cutoff Time and Form of Payment: Each month that a New Balance is due, you must pay us at least the Amount Due This Period and Past Due
Amount as shown on your Statement. We must receive your payment on or before the Payment Due Date shown on your Statement. Payment(s) received in Proper Form,
will be credited as of the date of receipt at the address on the payment coupon of your Statement if received by 5:00 pm Central Time, Monday through Friday (federal
holidays excluded). Payments not received in Proper Form may delay the posting to your Credit Account. The Payment Due Date will be at least 27 days from the Closing
Date. Your Payment Due Date will be the same numeric date each month.

If your New Balance exceeds $30.00, the
dollar), or $30.00 whichever is more (or the entire New Balance, if the New Balance is less than $30.00), and (ii) any
Minimum Amount Due
requested on your Statement will not, by itself, cause your Credit Account to be delinquent. You may pay your entire balance at any time.

on your Statement will also include the amount by which the New Balance exceeds your Credit Limit. Failure to pay the

Past Due Amount

Total Minimum Amount Due

will be the sum of (i) 7% of your New Balance at the end of the Billing Cycle (rounded up to the next

. The amount requested as the
Amount Over Limit Due

Total
as

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

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 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 
Account in whole or in part at any time.
Maine  Residents:  Credit  insurance  provided  herein  is  voluntary  and 
you have the right to cancel such credit insurance at any time.

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, 
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.    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 
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.

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 Account Opening Disclosures on the card carrier containing your 
Card.  Any amount received in the first 30 days your Credit Account is 
open that exceeds your initial Security Deposit account balance  will be 
applied as a payment to your Credit Account.  You may make additional 
deposits  to  your  deposit  account  up  to  a  maximum  deposit  account 
balance of $5,000 after the Credit Account has been open for 30 days. 
Any  non-cash  items  tendered  for  deposit,  (including  items  drawn  on 
us) will be given only provisional credit until collection is final. Security 
Deposit funds remitted using  a checking account may be held up to 6 
business days .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.
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. 

TRUTH IN SAVINGS DISCLOSURE –
SECURITY DEPOSIT ACCOUNT
Rate  Information:    This  is  a  non-interest  bearing  Security  Deposit 
Account.  The Interest Rate and Annual Percentage Yield is 0%. 
Minimum  Balance  Limitations:    The  minimum  balance  to  open 
this  Security  Deposit Account  is  $95.00.  Once  your  balance  reaches 
$95.00, your Credit Account will be opened. We must receive the entire 
$95.00 within 85 days from the date we received your application, or 
any money applied to your Security Deposit Account will be refunded.
Transaction Limitations:  No withdrawals will be permitted from your 
Security Deposit Account while there remains a balance on your Credit 
Account  or  while  you  retain  possession  of  any  First  PREMIER  Bank 
credit  cards.   The  maximum  amount  of  funds  that  may  be  deposited 
into  this  Security  Deposit Account  is  $5,000.00.  Security  Deposits  in 
the  amount  of  $500.00  or  greater  must  be  in  the  form  of  guaranteed 
funds through credit card, debit card, bank wire, Western Union® Quick 
Collect  ®  or  Money  Gram®  Express  Payments®.    Security  Deposit 
funds  remitted  using  a  checking  account  may  be  held  for  up  to  6 
business days, which will delay the opening of your Credit Account.  
ARBITRATION AND LITIGATION
This  Arbitration  Provision  (“Provision”)  facilitates  the  prompt  and 
efficient  resolution  of  any  disputes  that  may  arise  between  you  and 
us. Arbitration is a form of private dispute-resolution in which persons 
with  a  dispute  waive  their  rights  to  file  a  lawsuit,  to  proceed  in  court 
and to a jury trial, and instead submit their disputes to a neutral third 
person (an arbitrator) for a binding decision. You have the right to opt 
out of this Provision, which means you would retain your right to litigate 
your disputes in a court, either before a judge or jury. To exercise your 
right to opt out you must provide us with written notice no later than 30 
days after your Credit Account is first opened. If we do not receive your 
written notice within that time frame, your rights to opt out will terminate, 
and you agree that the provisions of this section will apply.
PLEASE  READ  THIS  PROVISION  CAREFULLY.  IT  PROVIDES 
THAT ALL DISPUTES ARISING OUT OF OR CONNECTED TO THIS 
CONTRACT  SHALL  BE  RESOLVED  BY  BINDING  ARBITRATION. 
ARBITRATION REPLACES THE RIGHT TO GO TO COURT. IN THE 
ABSENCE  OF  THIS  ARBITRATION  AGREEMENT,  YOU  AND  WE 
MAY  OTHERWISE  HAVE  HAD  A  RIGHT  OR  OPPORTUNITY  TO 
BRING CLAIMS IN A COURT, BEFORE A JUDGE OR JURY AND/OR 
TO  PARTICIPATE  IN  OR  BE  REPRESENTED  IN A  CASE  FILED  IN 
COURT  BY  OTHERS  (INCLUDING,  BUT  NOT  LIMITED TO,  CLASS 
ACTIONS). EXCEPT AS OTHERWISE PROVIDED, ENTERING INTO 
THIS AGREEMENT CONSTITUTES A WAIVER OF YOUR RIGHT TO 
LITIGATE  CLAIMS  AND  ALL  OPPORTUNITY  TO  BE  HEARD  BY  A 
JUDGE OR JURY.
Parties  and  Matters  Subject  to  Arbitration:  For  purposes  of  this 
Provision, “you” and “us” include the employees, parents, subsidiaries, 
affiliates, beneficiaries, agents and assigns of you and us. For purposes 
of this Provision, “Claim” means any claim, dispute or controversy by 
either you or us, arising out of or relating in any way to this Contract, 
this Provision (including claims regarding the applicability, enforceability 
or  validity  of  this  Provision),  your  Credit Account,  any  transaction  on 
your  Credit  Account  and  our  relationship.  “Claim”  also  refers  to  any 
interaction or communication between you and us that occurred prior 
to  or  concurrent  with  entering  into  this  Contract,  including  those  now 
in  existence,  regardless  of  present  knowledge.  “Claim”  shall  refer  to 
claims  of  every  kind  and  nature,  including,  but  not  limited  to,  initial 
claims, counterclaims, cross-claims and third party claims. All Claims 
are subject to arbitration, regardless of legal theory and remedy sought, 
including,  but  not  limited  to,  claims  based  in  contract,  tort  (including 
negligence, intentional tort, fraud and fraud in the inducement), agency, 
statutory law (federal and state), administrative regulations or any other 

source of law (including equity).
Agreement  to Arbitrate:  Any  Claim  arising  out  of  or  relating  to  this 
Contract,  or  the  breach  of  this  Contract  or  your  Credit Account,  shall 
be  resolved  and  settled  exclusively  and  finally  by  binding  arbitration, 
in  accordance  with  this  Provision.  Binding  arbitration  shall  not  be 
required,  however,  for  collection  actions  by  us  relating  to  your  Credit 
Account.  Furthermore,  both  you  and  we  retain  the  right  to  pursue  in 
a  small  claims  court  any  Claim  that  is  within  that  court’s  jurisdiction, 
provided the Claim proceeds on an individual basis. However, only a 
court of law, not an arbitrator, shall determine the validity and effect of 
this Provision’s prohibition of class arbitration. For any Claims covered 
by this Provision, a party who asserted a Claim in a lawsuit in court may 
elect arbitration with respect to any Claim subsequently asserted in that 
lawsuit by any other party.
Voluntary  Waiver  of  the  Right  to  a  Jury  Trial  and  Class  Action 
Participation:  As  a  result  of  this  Provision,  neither  you  nor  we 
have  the  right  to  litigate  any  Claim  in  court  or  the  right  to  a  jury  trial 
on  any  Claim,  except  as  provided  above.  YOU  AGREE  THAT  YOU 
ARE  VOLUNTARILY  AND  KNOWINGLY  WAIVING  ANY  RIGHT 
YOU MAY HAVE TO GO TO COURT OR TO HAVE A JURY TRIAL. 
FURTHERMORE,  NEITHER  YOU  NOR  WE  MAY  SERVE  AS  A 
REPRESENTATIVE,  A  PRIVATE  ATTORNEY  GENERAL,  OR  IN 
ANY OTHER REPRESENTATIVE CAPACITY. SIMILARLY, NEITHER 
YOU NOR WE MAY PARTICIPATE AS A MEMBER OF A CLASS OF 
CLAIMANTS IN A LAWSUIT OF ANY CLAIM.
Prohibition  of  Class  Arbitration:  All  Claims  shall  be  resolved  by 
binding arbitration on an individual basis. Claims made and remedies 
sought  as  part  of  a  class  action,  private  attorney  general  or  other 
representative  action  are  subject  to  arbitration  on  an  individual  (non-
class,  non-representative)  basis.  Therefore,  the  arbitrator  has  no 
authority  to  conduct  class-wide  proceedings  and  will  be  restricted  to 
resolving individual Claims. UNDER THIS ARBITRATION PROVISION 
THERE  IS  NO  RIGHT  OR  AUTHORITY  FOR  ANY  CLAIMS  TO  BE 
ARBITRATED ON A CLASS BASIS. Arbitration will only be conducted on 
an individual Claim basis and there is no right or authority to consolidate 
or join any of your Claims with any other Claims. YOU AGREE THAT 
YOU ARE VOLUNTARILY AND KNOWINGLY WAIVING ANY RIGHT 
TO  PARTICIPATE AS A  REPRESENTATIVE  OR  MEMBER  OF ANY 
CLASS OF CLAIMANTS PERTAINING TO ANY CLAIM SUBJECT TO 
ARBITRATION UNDER THIS PROVISION.
Governing  Law:  This  agreement  to  arbitrate  is  made  pursuant  to  a 
transaction involving interstate commerce and shall be governed by the 
Federal Arbitration Act, 9 U.S.C. §§ 1-16, as it may be amended. If for 
any reason the Federal Arbitration Act does not apply, the substantive 
law of the State of South Dakota shall govern this Provision.
Arbitration  Location  and  Procedure:    Any  arbitration  hearing  at 
which you wish to appear will take place at a location within the federal 
judicial district that includes your billing address at the time the Claim 
is filed. The party bringing the Claim may file its Claim at the American 
Arbitration Association (“AAA”), or an arbitration organization mutually 
agreed upon by the parties. The arbitration organization that is selected 
will administer the arbitration pursuant to its procedures in effect at the 
time of filing, subject to this Provision. If you do not agree to file your 
claim with AAA, and the parties cannot agree on an alternative arbitration 
organization,  an  arbitrator  will  be  appointed  by  a  court  pursuant  to 
the Federal Arbitration Act. In the event of a conflict or inconsistency 
between  the  respective  organization’s  rules  and  this  Provision,  this 
Provision  shall  govern.  The  arbitration  will  be  conducted  before  a 
single arbitrator, whose authority is limited solely to individual Claims 
between you and us. The arbitration will not be consolidated with any 
other arbitration proceeding. Any decision rendered in such arbitration 
proceeding will be final and binding on the parties and judgment may 
be entered in a court of competent jurisdiction. The rules and forms of 
AAA may be obtained as follows: American Arbitration Association, (1-
800-778-7879), 335 Madison Avenue, Floor 10, New York, NY 10017, 
website at www.adr.org.
Arbitrator’s  Authority:  The  arbitrator  shall  apply  the  applicable 
substantive law, consistent with the Federal Arbitration Act; shall apply 
statutes  of  limitation;  and  shall  honor  claims  of  privilege  recognized 

at  law.  In  conducting  the  arbitration  proceeding,  the  arbitrator  shall 
not  apply  any  federal  or  state  rules  of  civil  procedure  or  evidence. 
PURSUANT  TO  THIS  ARBITRATION  PROVISION,  THERE  IS  NO 
RIGHT  TO  ENGAGE  IN  PREARBITRATION  DISCOVERY  EXCEPT 
AS  PROVIDED  FOR  IN  THE  RULES AND  PROCEDURES  OF  THE 
RESPECTIVE  CHOSEN  NATIONAL  ARBITRAL  ORGANIZATION. 
Either party may, however, request to expand the scope of discovery. If 
a request is made, within 15 days of the requesting party’s notice, the 
objecting party may submit objections to the arbitrator with a copy of 
the objections provided to the party requesting expansion. The grant or 
denial of a party’s request will be in the sole discretion of the arbitrator, 
who shall notify the parties of the final decision within 20 days of the 
objecting party’s submission.
The Arbitrator’s Award:  The arbitrator has the ability to award to the 
prevailing  party  all  remedies  available  at  common  law,  by  statute  or 
in equity, including injunctive relief, declaratory relief, arbitration costs 
and attorney fees. The arbitrator shall not, however, have authority to 
award any punitive damages. YOU AND WE AGREE THAT PUNITIVE 
DAMAGES  ARE  NOT  RECOVERABLE  IN  ANY  ARBITRATION 
OR  OTHER  PROCEEDING  UNDER  THIS  CONTRACT  EXCEPT 
TO  THE  EXTENT  PUNITIVE  DAMAGES  WOULD  BE  AVAILABLE 
IN  LITIGATION.  For  awards  not  in  excess  of  $5,000.00,  upon  the 
timely request of any party, the arbitrator shall provide a brief written 
explanation of the basis for the award. In the event an award exceeds 
$5,000.00,  or  in  which  there  is  a  request  for  equitable  relief  with  a 
potential financial impact or value in excess of $5,000.00, the award of 
the arbitrator shall be in writing and shall specify the facts and the law 
on which it is based. In such case, the arbitrator’s findings of fact must 
be supported by substantial evidence and the arbitrator’s conclusions 
of  law  must  not  be  based  on  legal  error  or  be  erroneous  under  the 
applicable substantive law. Further, in addition to the Federal Arbitration 
Act’s grounds for vacation, modification or correction of the arbitrator’s 
award, the parties shall have the right to judicial review of the arbitrator’s 
award to determine whether the arbitrator’s findings of fact are supported 
by  substantial  evidence  and  whether  the  arbitrator’s  conclusions  of 
law  are  based  on  legal  error  or  are  erroneous  under  the  applicable 
substantive law. Judgment upon the award rendered by the arbitrator 
may be entered in any court having jurisdiction thereof. However, if the 
award is in excess of $5,000.00, judgment may be entered only upon 
determination by the court that the award is supported by substantial 
evidence and is not erroneous or based on legal error.
Expenses:  Regardless  of  who  demands  arbitration,  we  will  pay  all 
expenses of arbitration, including the filing, administrative, hearing and 
arbitrator’s  fees  (“Arbitration  Fees”),  to  the  extent  that  the Arbitration 
Fees  exceed  the  amounts  you  would  be  required  to  pay  for  filing  a 
lawsuit in a court. Throughout the arbitration, each party shall bear his 
or  her  own  attorney  fees  and  expenses,  such  as  witness  and  expert 
witness fees. If you prevail in the arbitration of any Claim against us, we 
will reimburse you for any fees you paid to the arbitration organization 
in connection with the arbitration.
Binding  Effect  and  Survival:  You  and  we  agree  that,  except  as 
specifically  provided  for  above,  the  arbitrator’s  decision  will  be  final 
and  binding  on  all  parties  subject  to  this  Provision.  This  Provision  is 
binding upon you, us, and the heirs, successors, assigns and related 
third parties of you and us. This Provision shall survive termination of 
your account, whether it be through voluntary payment of the debt in full 
by you, a legal proceeding initiated by us to collect a debt that you owe, 
a bankruptcy by you or a sale of your Credit Account by us.
Severability:  If  any  portion  of  this  Provision  is  deemed  invalid  or 
unenforceable under any law or statute consistent with the FAA, such 
a finding shall not invalidate any remaining portion of this Provision, the 
Contract or any other agreement entered into by you with us. However, 
the prohibition on class arbitration is not severable from the remainder 
of this Provision. In the event that a court deems the prohibition on class 
arbitration to be invalid and unenforceable, any subsequent class action 
or representative proceeding shall be in a court of law and will not be 
subject to binding arbitration.

M-103415 

Q-SEC 

3/11

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 or initial deposit account balances are 
required to be paid or funded prior to opening your Credit Account, this 
Contract will not be effective and your Credit Account will not be opened 
until such fees or deposit account balances are paid or funded in full. 
You are not obligated to pay any fees or INTEREST CHARGES (other 
than any fees or deposit account balances required to be paid or funded 
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 Amount Due This Period, 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: After your Credit Account is opened, 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 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 
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.
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-
related 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  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  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 27 days from the Closing Date, to pay 
the Total Minimum Amount Due.
Applying Your Payments: We will apply payments to balances subject 
to  higher  INTEREST  CHARGES  and  other  charges  before  applying 
payments  to  balances  subject  to  lower  INTEREST  CHARGES  and 
other  charges.    We  may  apply  your  payments  to  principal  amounts, 
Cash  Advances,  INTEREST  CHARGES,  other  charges  and  other 
amounts in any order in our discretion, and may change the order of the 
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 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 
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 80 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 notify us within 30 
days of opening your Credit Account that you wish to close your Credit 
Account.  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. 
Additional  terms  and  conditions  governing  the  deposit  account  are 
explained elsewhere in this Contract. 
Severability: If any provision of this Contract is invalid or unenforceable, 
it shall not affect the validity or enforceability of any other provision of 
this Contract. 
Changing  This  Contract:  We  may  change  this  Contract  from  time 
to  time.  For  example,  we  may  change  your  Credit  Account  number 
or  the  Minimum  Payment,  add  new  INTEREST  CHARGES  or  fees, 
change the ANNUAL PERCENTAGE RATE or change the method of 
computing the balance upon which we impose INTEREST CHARGES. 
We may also make other changes. We will notify you in writing of any 
change if required by law. Contract changes will apply to amounts you 
owe at the time the change is effective and to new transactions on your 
Credit Account, unless otherwise required by law.
Information Sharing: The following describes your agreement with us 
with respect to information sharing. By requesting, obtaining or using a 
Credit Account from us you agree that we may release information in 
our records regarding you and your Credit Account:

•	 To comply with any properly served subpoena or similar request 

issued by a state or federal agency or court.

•	 To  share  your  credit  performance  with  Consumer  Reporting 
Agencies and other creditors who we reasonably believe are or 
may be doing business with you on your Credit Account. 

•	 To provide information on your Credit Account to any third party 
who we believe is conducting an inquiry in accordance with the 
Federal Fair Credit Reporting Act.

•	 To share information with our employees, agents or representatives 
performing work for us in connection with your Credit Account.
•	 To communicate information as to our transactions or experiences 
with you to persons or entities related by common ownership or 
affiliated  by  corporate  control  or  with  any  third  party  (including 
non-affiliates).

We may also share information such as: (1) information other than 
our  own  transactions  with  you  with  persons  or  entities  related 
to  the  Bank  by  common  ownership  or  corporate  control;  or  (2) 
information  on  your  Credit  Account  with  certain  companies  to 
provide  or  offer  you  selected  products,  services  or  cardholder 
benefits. You may direct us not to share one or both of these. If this 
is  your  request  call  1-800-987-5521  or  notify  us  in  writing  at  First 
PREMIER Bank, P.O. Box 5528, Sioux Falls, SD 57117-5528. Be sure 
to  include  your  name,  address  and  Credit Account  number. You  may 
receive  a  copy  of  our  information  on  your  Credit  Account  by  writing 
or  calling  us  at  the  address  or  telephone  number  listed  above.  By 
requesting  or  obtaining  a  Credit Account,  you  authorize  us  to  check 
your  credit  history. You  authorize  your  employer,  bank  and  any  other 
references  listed  to  release  and/or  verify  information  to  us  and  our 
affiliates  in  order  to  determine  your  eligibility  for  the  Credit  Account 
and  any  renewal  or  future  extension  of  credit.  If  you  ask,  you  will  be 
told whether or not consumer reports on you were requested and the 
names of the Consumer Reporting Agencies, with their addresses, that 
provided the reports. If you designate an Authorized User to use your 
Card, you understand that account information may also be reported to 
Consumer Reporting Agencies in the Authorized User’s name.
No Waiver: Even if we do not exercise any right we may have against 
you, we do not intend to waive that right. We can exercise it against 
you in the future.
Binding Effect Upon Death or Incompetency: If we pay a merchant 
for a Purchase or post a Cash Advance to your Credit Account before 
we receive actual written notice of your death or incompetence, or if we 
pay a merchant for a Purchase made by you or post a Cash Advance 
taken by you prior to your death or incompetence, that transaction will 
be a valid and binding Credit Account obligation upon you, your estate 
and your personal representatives.
Our Liability To You: We have no liability to you, other than as placed 
on us by law. We will meet our duty to care for your Credit Account(s) 
under  reasonable  banking  procedures.  Our  mere  clerical  error  or 
honest mistake will not be considered a failure to perform any of our 
obligations.

Transactions  in  Foreign  Currencies:  If  you  make  a  transaction 
in  a  foreign  currency,  it  will  be  converted  into  U.S.  dollars,  and  you 
agree to accept the converted amount. Visa USA, Inc. or MasterCard 
International, Inc. will use its currency conversion procedures in effect 
when processing the transaction. The currency conversion rate will be 
a rate selected by Visa or MasterCard, as applicable, from the range of 
rates available in wholesale currency markets for the applicable central 
processing date, which rate may vary from the rate Visa or MasterCard 
itself  receives,  or  the  government-mandated  rate  in  effect  for  the 
applicable  central  processing  date,  in  each  instance,  plus  a  foreign 
currency  transaction  fee  in  the  amount  disclosed  on  your  Account 
Opening Disclosures printed on the card carrier containing your Card. 
This  fee  will  be  paid  to  us  and  applied  to  all  transactions  posted  to 
your  Credit  Account  in  a  foreign  currency,  including  all  Purchase 
transactions,  Cash  Advance  transactions,  ATM  transactions  and 
returns and adjustments (e.g., for returned merchandise). The currency 
conversion rate used on the processing date may be different than the 
rate that was in effect on the date you conducted the transaction. We 
do  not  set  the  currency  conversion  rate,  and  we  do  not  receive  any 
portion of it. We do, however, receive a foreign currency transaction fee 
as disclosed on your Account Opening Disclosures printed on the card 
carrier containing your card.
Prohibition  on  Gambling  and  Illegal  Transactions:  Your  Card  and 
Credit  Account  may  not  be  used  in  connection  with  any  gambling 
transaction  (whether  legal  or  illegal).  Also,  your  Card  and  Credit 
Account may be used only for valid and lawful purposes. If you use, or 
allow someone else to use your Card or Credit Account for any unlawful 
purpose  or  for  any  gambling  transaction,  you  will  be  responsible  for 
such  use  and  may  be  required  to  reimburse  us  for  all  amounts  or 
expenses we pay as a result of such use.
Call Recording: We reserve the right to monitor and/or record telephone 
calls for quality and training purposes. This includes both calls to and 
originated by First PREMIER Bank, PREMIER Bankcard, LLC, or any 
of our affiliates or service providers.

YOUR BILLING RIGHTS
KEEP THIS DOCUMENT FOR FUTURE USE
This  notice  tells  you  about  your  rights  and  our  responsibilities 
under the Fair Credit Billing Act.
What To Do If You Find A Mistake On Your Statement: If you think 
there is an error on your statement, write to us at:
     First PREMIER Bank
     P.O. Box 5524
     Sioux Falls, SD 57117-5524
(You  may  also  contact  us  on  the  Web:    www.mypremiercreditcard.
com.)
In your letter, give us the following information:
• Account information: Your name and Credit Account Number.
• Dollar amount: The dollar amount of the suspected error.
• Description of problem: If you think there is an error on your bill, describe 
what you believe is wrong and why you believe it is a mistake.
You must contact us:
• Within 60 days after the error appeared on your Statement.
•  At  least  three  business  days  before  an  automated  payment  is 
scheduled,  if  you  want  to  stop  payment  on  the  amount  you  think  is 
wrong.
You must notify us of any potential errors in writing (or electronically). 
You may call us, but if you do we are not required to investigate any 
potential errors and you may have to pay the amount in question.
What Will Happen After We Receive Your Letter: When we receive 
your letter, we must do two things:
(1)  Within  30  days  of  receiving  your  letter,  we  must  tell  you  that  we 
received your letter. We will also tell you if we have already corrected 
the error.
(2) Within 90 days of receiving your letter, we must either correct the 
error or explain to you why we believe the bill is correct.
While we investigate whether or not there has been an error:
•  We  cannot  try  to  collect  the  amount  in  question,  or  report  you  as 
delinquent on that amount.
• The charge in question may remain on your Statement, and we may