There is no pre-determined limit for the PREMIER Bankcard® Mastercard® Credit Card. You can get a spending limit between $300 and $1,000 depending on your creditworthiness and other factors, like an steady income and outstanding debt.
No, the PREMIER Bankcard® Mastercard® Credit Card is an unsecured credit card. What that means is that you don't have to put down a security deposit on order to acquire the card, and your spending limit will vary according to your creditworthiness plus a series of other financial factors.
You can build or rebuild your credit score by keeping your credit utilization low and paying your credit card bill in full and on time every month. Premier Bank will than report those payments to the three main credit bureaus, which in turn increases your score gradually.
If you're trying to build or rebuild your score, it's important to review all available options to your financial profile so you can make an informed decision. In the following link, we'll show you another alternative with the Indigo® Mastercard®. Read on to learn all the card's features, plus pros and cons, and how you can apply for it.