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Report: #1339384

Complaint Review: First Premier Bank - Sioux Falls South Dakota

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  • Reported By: SArthur938 — Pasadena Maryland USA
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  • First Premier Bank 3820 N. Louise Avenue Sioux Falls , South Dakota USA

First Premier Bank Security Deposit Action - Slow Sioux Falls South Dakota

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I opened an account with this company years ago at a time in my life when I did not have the best credit.  They offered me a secured card wherein I would have to make a deposit to get a credit line.   After working on my credit and getting to a place where I no longer needed this card which charges extravagant fees to maintain, I opted to pay it in full and just leave it alone.  However, I began receiving bills thereafter with a charge due for "maintaining my account".  So, I of course called them and low and behold they offered me a "no charge" maintenance fee to keep my account open with them.  I love how credit card companies in general continue to rip off the consumer until we make a call to them.  They would have done nothing but let me pay month after month had I not called.  So I requested that they send back my security deposit.  I find it so disinheartening that they are so quick to harass me for a maintenance fee but when I want MY money back that they have been holding they take their sweet time.  I was told last month that my refund would be in the mail to me within 7 days.  Still had not received and it's been a month.  So today I called and was told the same - how can these companies get away with these pratices.  I will check back and let you know if and when I do ever receive my refund - and I was told that even though they held my funds for over three years it earned no interest.  But I sure paid their interest charges.  I am so proud of myself for getting my credit in order so that I don't have to deal with these shady companies any longer.  

This report was posted on Ripoff Report on 11/22/2016 09:51 AM and is a permanent record located here: https://www.ripoffreport.com/reports/first-premier-bank/sioux-falls-south-dakota-57107/first-premier-bank-security-deposit-action-slow-sioux-falls-south-dakota-1339384. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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