ByHow to Increase First Premier Bank Credit Limit the Easy Way?
You pretty much need a good credit score in order to get by in today's society. To get a good credit score, you need to use credit and use it often. You also have to have the credit available to use. Luckily, .
Understanding how credit scores work and how to improve them can be really frustrating. A great way to get started, though, is to use a credit card to purchase items and to then be sure you're paying the credit card off each month. If you're currently using a First Premier Bank credit card, it is possible to increase your credit limit. Plus, increasing your credit has many different benefits.
Why Should I Increase My Credit Limit?
Increasing your credit limit is good for more than just achieving a higher credit score. Here are just a few other reasons to increase your limit:
| It's helpful in the case of an emergency. | If you find that you need to have available funds right away, having a higher credit score can certainly help. |
| Earn more rewards | Using a credit card allows you to gain rewards in the form of free money. The more you use your card, the more free money |
| Avoid paying penalties | It helps you avoid paying penalties by accidentally going over an existing low limit. |
| More buying power | If you want to make a larger purchase, you'll have a larger credit limit to play around with. |
Aside from First Premier Bank, here’s the list of banks where DoNotPay can help you increase your credit limits:
A Little About First Premier Bank’s Credit Card
First Premier Bank offers a credit card that promises to have no hidden fees, reliability, and manageable credit limits. They are located in South Dakota and were founded in 1989 as a way to help individuals and families get a credit card even without a great credit score.
Why Should I Get a Credit Card Through First Premier Bank?
First, Premier Bank may be a good option when looking into getting a credit card. The organization offers tools to help consumers succeed with their credit, such as:
- 24/7 access to your account
- Ability to see your current credit score for free
- Automatic reminders when a bill is due
- Text reminders concerning purchase limits
Can I Increase My Credit Limit Through First Premier Bank?
First Premier Bank does offer a way to increase credit limits. You'll have to request for your credit limit to be increased, then they will determine if you are eligible. This does need to be an official request, and it can be done through their website. This eligibility will be determined based on:
- Credit utilization
- Previous balances
- Payment history
- And more.
Once you make this request, you simply have to wait until a decision is made. First Premier Bank will let you know if they've decided to increase your score. This process can take time, and it can be difficult to determine if you're eligible for a credit increase on your own. Additionally, requesting an increase in your credit can actually negatively impact your credit score.
How Can I Make the Process Easier?
We're glad you asked. DoNotPay can handle the entire process of increasing your credit for you, allowing you to focus on simply improving your credit score. We will also make sure that your credit score isn't impacted by a request to increase your score without your direct permission.
All we need to do is ask you a few questions about your credit card and things such as your income and employment history, and we will then send the formal request for you. Here's how.
How to request higher credit limits using DoNotPay
If you want to request higher credit limits but don't know where to start, DoNotPay has you covered in six easy steps:
- Go to the Credit Limit Increase product on DoNotPay.
- Select which type of card you own and your credit provider.
- Tell us more about your card, such as when you first created this card, your current credit limit, what you would like your new limit to be, your card number, and whether you've missed past payments.
- Tell us more about your current income and expenses and why you would like to request a limit increase.
- Indicate whether you want to allow hard inquiries to be made into your credit history. Upload a copy of your ID and provide your e-signature.
- Submit your task. DoNotPay will deliver the request letter on your behalf. You should hear back from the card provider with confirmation or a request for more information within a few weeks.
What Else Do I Need to Know?
That's about all you need to know. DoNotPay tries to make the entire process as easy and smooth as possible. You know that increasing your credit limit with First Premier Bank can help you improve your credit score, what improving your credit score can do for you, and what types of criteria might make you eligible for an increase.
Let DoNotPay take it from there. We are fast, secure, and, most importantly, easy to use. See the improvements having a higher credit limit can provide for yourself.
today with any questions or to get started.