The Least-Trusted Banks in America

B of A have CC with, Chase have CC with hummmmmmmm

The Other One wrote:

slickjay12 wrote:

B of A have CC with, Chase have CC with hummmmmmmm

Credit cards suck!

yes they do but for the poor like me they are needed sometimes

slickjay12 wrote:

The Other One wrote:

slickjay12 wrote:

B of A have CC with, Chase have CC with hummmmmmmm

Credit cards suck!

yes they do but for the poor like me they are needed sometimes

They only keep you poor.

i prefer the Bank of Bobby. no hidden fees...

robert wrote:

i prefer the Bank of Bobby. no hidden fees...

Never thought I'd write this, but.... good choice.

The Other One wrote:

robert wrote:

i prefer the Bank of Bobby. no hidden fees...

Never thought I'd write this, but.... good choice.

that hadta hurt... heh heh

hi

The Other One wrote:

Issuer of 79.9% Interest Rate Credit Card Defends Its Product


WTF?

so i went to the website...

http://www.firstpremier.com/

and found the presidents name was dana dykhouse...

then i googled... and went here...

http://www.campaignmoney.com/political/contributions/dana-dykhouse.asp?cycle=08

because a guy would have to have huge cahoneys to do this, plus some political friends...

and it turns out he does...

DYKHOUSE, DANA
SIOUX FALLS, SD
57101 $-400 09/09/2008 G TIM JOHNSON FOR SOUTH DAKOTA INC - Democrat
Dykhouse, Dana
SIOUX FALLS, SD
57106 1st Premerie Bank/Banker $1,000 08/21/2008 P SOUTH DAKOTA REPUBLICAN PARTY - Republican
DYKHOUSE, DANA J.
SIOUX FALLS, SD
57101 FIRST PREMIER BANK/CEO $2,300 08/07/2008 P JOHN MCCAIN 2008 INC. - Republican
DYKHOUSE, DANA
SIOUX FALLS, SD
57101 FIRST PREMIER BANK/PRESIDENT & CEO $2,300 07/21/2008 G TIM JOHNSON FOR SOUTH DAKOTA INC - Democrat
Dykhouse, Dana
SIOUX FALLS, SD
57101 First PREMIER Bank, Sioux Fall/Bank $500 07/08/2008 P SOUTH DAKOTA BANKERS ASSOCIATION PUBLIC AFFAIRS COMMITTEE (SDBANKPAC)
DYKHOUSE, DANA
SIOUX FALLS, SD
57106 INFO. REQ./INFO. REQ. $1,000 06/27/2008 P COLEMAN FOR SENATE 08 - Republican
DYKHOUSE, DANA
SIOUX FALLS, SD
57106 FIRST PREMIER BANK/PRESIDENT & CEO $600 03/28/2008 P TIM JOHNSON FOR SOUTH DAKOTA INC - Democrat
DYKHOUSE, DANA
SIOUX FALLS, SD
57106 FIRST PREMIER BANK/PRESIDENT & CEO $400 03/28/2008 G TIM JOHNSON FOR SOUTH DAKOTA INC - Democrat
DYKHOUSE, DANA J
SIOUX FALLS, SD
57101 FIRST PREMIER BANK/CEO $1,000 03/12/2008 P CHRIS LIEN FOR CONGRESS - Republican
Dykhouse, Dana
SIOUX FALLS, SD
57106 1st Premerie Bank/Banker $1,000 03/04/2008 P SOUTH DAKOTA REPUBLICAN PARTY - Republican
Dykhouse, Dana
SIOUX FALLS, SD
57106 1st Premerie Bank/Banker $1,000 02/29/2008 P SOUTH DAKOTA REPUBLICAN PARTY - Republican
Dykhouse, Dana
SIOUX FALLS, SD
57106 First Premier Bank/President $500 01/09/2008 P STEPHANIE HERSETH SANDLIN FOR SOUTH DAKOTA - Democrat
DYKHOUSE, DANA J. MR.
SIOUX FALLS, SD
57106 1ST PREMIER BANK/BANKER $2,000 11/13/2007 P RUDY GIULIANI PRESIDENTIAL COMMITTEE INC - Republican
Dykhouse, Dana
SIOUX FALLS, SD
57101 First PREMIER Bank, Sioux Fall/Bank $500 10/12/2007 P SOUTH DAKOTA BANKERS ASSOCIATION PUBLIC AFFAIRS COMMITTEE (SDBANKPAC)
DYKHOUSE, DANA J
SIOUX FALLS, SD
57101 1ST PREMIER BANK/BANKER $500 09/28/2007 P GRASSLEY COMMITTEE INC - Republican
DYKHOUSE, DANA MR
SIOUX FALLS, SD
57106 FIRST PREMIER BANK/PRESIDENT & CEO $1,000 09/15/2007 P TIM JOHNSON FOR SOUTH DAKOTA INC - Democrat
Dykhouse, Dana
SIOUX FALLS, SD
57106 1st Premerie Bank/Banker $2,500 07/25/2007 P SOUTH DAKOTA REPUBLICAN PARTY - Republican
DYKHOUSE, DANA MR
SIOUX FALLS, SD
57106 FIRST PREMIER BANK/CEO $2,300 07/17/2007 P JOEL DYKSTRA FOR US SENATE - Republican
Dykhouse, Dana Mr.
SIOUX FALLS, SD
57106 First Premier Bank/President $500 06/06/2007 P STEPHANIE HERSETH SANDLIN FOR SOUTH DAKOTA - Democrat
Dykhouse, Dana
SIOUX FALLS, SD
57106 1st Premerie Bank/Banker $1,000 05/09/2007 P SOUTH DAKOTA REPUBLICAN PARTY - Republican
DYKHOUSE, DANA J
SIOUX FALLS, SD
57101 FIRST PREMIER BANK/BANK OFFICER $1,000 04/14/2007 P FRIENDS OF JOHN THUNE - Republican

only two dems on the list are "DINO"'s lol

seems he's not the only scumbag connected to the bank...

Thomas Denny Sanford (born 23 December 1935 in Saint Paul)[1] is a South Dakota businessman and philanthropist. He is currently the chairman and CEO of United National Corp.

Sanford made his fortune as the owner of First Premier Bank, and Premier Bankcard, both among the nation's leading credit card providers.[2] Sanford's net worth is roughly $1.0 billion, and he is ranked as #701 in Forbes list of richest people in the world.[2]

This wealth was obtained by usurious interest rates on credit cards distributed "pre-approved" by mail to those with poor or no credit. Until prevented by federal law, the credit cards from banks controlled by Mr. Sanford charged $256 in fees per year for a card with a $250 credit limit. In response to the law banning such fees, the bank now issues cards carrying an interest rate of 79.9% (the nations highest) on a card with a $300 limit. [3]

Mr. Sanford and his business entities have a history of violations of Federal rules of banking practice. cf. http://www.federalreserve.gov/Boarddocs/Press/enforcement/2003/20030925/default.htm

http://en.wikipedia.org/wiki/T._Denny_Sanford

SANFORD, T D MR
SCOTTSDALE, AZ
85255 FIRST PREMIER BANK/CHAIRMAN OF THE $2,300 09/04/2008 G ELIZABETH DOLE COMMITTEE INC - Republican
SANFORD, T D
SCOTTSDALE, AZ
85255 FIRST PREMIER BANK/CHAIRMAN OF THE $2,300 08/01/2008 P STEVENS FOR SENATE COMMITTEE - Republican
SANFORD, T D
SCOTTSDALE, AZ
85255 FIRST PREMIER BANK/CHAIRMAN OF THE $2,300 08/01/2008 G STEVENS FOR SENATE COMMITTEE - Republican
SANFORD, T D
SCOTTSDALE, AZ
85255 FIRST PREMIER BANK/CHAIRMAN $-2,300 07/23/2008 P BOB SCHAFFER FOR US SENATE - Republican
SANFORD, T D
SCOTTSDALE, AZ
85255 FIRST PREMIER BANK/CHAIRMAN $2,300 07/23/2008 G BOB SCHAFFER FOR US SENATE - Republican
SANFORD, T D
SIOUX FALLS, SD
57105 FIRST PREMIER BANK/CHAIRMAN $2,300 07/22/2008 G TIM JOHNSON FOR SOUTH DAKOTA INC - Democrat
SANFORD, T D
SCOTTSDALE, AZ
85255 FIRST PREMIER BANK/CHAIRMAN $4,600 07/21/2008 P BOB SCHAFFER FOR US SENATE - Republican
SANFORD, T DENNY
SIOUX FALLS, SD
57101 FIRST PREMIER BANK/CHAIRMAN $2,000 06/09/2008 G FRIENDS OF JOHN THUNE - Republican
SANFORD, T DENNY
SIOUX FALLS, SD
57101 $-900 06/09/2008 G FRIENDS OF JOHN THUNE - Republican
SANFORD, T. DENNY MR.
SCOTTSDALE, AZ
85255 FIRST PREMIER BANCK/EXECUTIVE $41,200 05/31/2008 P MCCAIN VICTORY 2008 - Republican
SANFORD, T. DENNY MR.
SCOTTSDALE, AZ
85255 FIRST PREMIER BANCK/EXECUTIVE $2,300 05/27/2008 P MCCAIN VICTORY 2008 - Republican
SANFORD, T. DENNY MR.
SCOTTSDALE, AZ
85255 FIRST PREMIER BANCK/EXECUTIVE $25,000 05/27/2008 P MCCAIN VICTORY 2008 - Republican
Sanford, T. Denny
SCOTTSDALE, AZ
85255 Premier Bankcard/Chairman $300 01/22/2008 P ARIZONA REPUBLICAN PARTY - Republican
SANFORD, T D
SIOUX FALLS, SD
57101 FIRST PREMIER BANK/CHAIRMAN $500 10/09/2007 G FRIENDS OF JOHN THUNE - Republican
SANFORD, T DENNY
SIOUX FALLS, SD
57101 FIRST PREMIER BANK/CHAIRMAN $1,300 06/19/2007 P FRIENDS OF JOHN THUNE - Republican
SANFORD, T DENNY
SIOUX FALLS, SD
57101 FIRST PREMIER BANK/CHAIRMAN $700 06/19/2007 G FRIENDS OF JOHN THUNE - Republican
Sanford, T. Denny
SCOTTSDALE, AZ
85255 Premier Bankcard/Chairman $300 01/18/2007 P ARIZONA REPUBLICAN PARTY - Republican

http://www.campaignmoney.com/political/contributions/t-sanford.asp?cycle=08

The Other One wrote:

slickjay12 wrote:

B of A have CC with, Chase have CC with hummmmmmmm

Credit cards suck!

We won't be arguing this one. For the first time in all my years I'm thinking of getting one through my bank, but only because there's a few things on the net I can't get without one. I'd like to string up all the bastards that decided we needed to be a credit card world. Just one step away from the national identity card.

Ratzilla wrote:

The Other One wrote:

slickjay12 wrote:

B of A have CC with, Chase have CC with hummmmmmmm

Credit cards suck!

We won't be arguing this one. For the first time in all my years I'm thinking of getting one through my bank, but only because there's a few things on the net I can't get without one. I'd like to string up all the bastards that decided we needed to be a credit card world. Just one step away from the national identity card.

debit cards are better

According to my banker, if someone gets your debit card you are liable for any expenses, but a credit card, at least through them, will not hold you responsible.

keep the minimum amount in the account. transfer funds electronically from savings to debit account in amount of purchase only day of use.

I gotta agree with Stony and EP here. You're better off without credit cards. I've managed to get through 33 years of life without them (except for a brief experiment with a Sears Card)... and I expect to get by for several more years without credit cards.

Problem is that credit card companies can essentially make up the rules as they go along. You might 'win' now and then- but you're essentially playing against the house. In the long-run, odds are that you're gonna lose.

I save up cash and buy major purchases outright (no car payments, no couch payments). I DO use a debit card just for convenience, but keep the account balance relatively low just in case. I think a credit card might be more convenient in SOME ways (renting a car, theft protection), but all that comes at a price.

My bank is going to start limiting their credit card to the amount in your account to help prevent debts from overuse and fraud. But my banker still says I'm not liable for losses on their credit card but would be on the debit card. I've always paid cash before. Never even had a checking account.

But some places I'd like to order from have quit mail order business. I suppose I could e-mail the companies and ask for an address to send a money order, but they may not all want to. I've seen some things on ebay I really wanted to bid on but everyone nowdays does friggin paypal.

Pay Pal has the option of paying from your bank account. I have done this several times.You have to specify where you want the funds to come from when you set up the account.

Thanks for that info Blackie. I had the understanding paypal required either a credit or debit card. But I still have some things on line I might need a card for. I'll have a talk with my banker again. He said he uses paypal with a bank issued credit card.