Yup, it’s true, one subprime credit card has a scary APR of 79.9 percent! If you’re in the market for a subprime credit card, be sure you don’t fall for the gimmicks in which First Premier Bank is imposing. The First Premier credit card comes with a minimum of $256 in fees in the first year for a credit line of only $250! Starting in February, however, the new credit card law will be set in place and this will cap such fees at 25% of a card’s credit line.