CB Credit Cards First Premier Bank withdraw money from account and did not post it to the account!

First Premier Bank review: withdraw money from account and did not post it to the account! 41

Richard

Nov 14, 2006 12:00 am EST

Review updated: Dec 16, 2022

Featured review

First Premier Bank withdrew money from my account with authorization and did not post it to my account. It has been 8 days now and counting. First they told me it was some sort of security hold, I asked to speak to the security people and was told. "they don't have a phone in security", Then I was told by another person that they have the right to withdraw funds my checking account and hold them for up to 20 days.

My attorney see's things a bit different. We believe that First Premier holds funds in order to 1, collect interest past the grace period, 2, may not have the capability to process more than one payment per month. In either case it is wrong.

We are seeking others who have had similar experiences to join me in a class action lawsuit against First Premier Bank. Contact me at email if you have had similar experiences with these guys.

Thank you,
Richard.

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Blaine Ball

1 comments

Blaine Ball

Mar 08, 2007 8:38 am EST

I am having the same experience, which is what lead me to search for others.

I sent a inquiry about why my payment shows posted, but my available balance does not reflect it... they gave me the 20-day spiel.

So I sent another inquiry asking how can they do that and as a new customer at this point I am very dis-satisfied with their service. Their reply... we'll make a note of this in your account. What jerks!

Blaine

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First Premier Bank contacts

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