"Comparisons and secure applications
of the best credit card offers online."
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"Comparisons and secure applications of the best credit card offers online." |
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Additional Details, Terms and Conditions | |
| Category | Business |
|---|---|
| Status | Platinum |
| Intro Applies To | None |
| APR for Purchases | 15.990 |
| Purchase Rate Type | Variable |
| Minimum APR on Purchases | No |
| APR for Cash Advances | 19.990 |
| Cash Advance Rate Type | Variable |
| Minimum APR on Cash Advances | No |
| Finance Charge Calculation | Average Daily Balance (including new purchases) |
| Annual Fee | $0 |
| Additional Annual Fees | $0 |
| Grace Period | n/a |
| Late Payment Fee | $19 if balance is less than $250; $39 if balance is $250 or more |
| Over Limit Fee | $15 on balances up to $501; $29 on balances of $501 up to $1,001; and $39 on balances over $1,001 |
| Cash Advance Fee | 3%, $5 minimum |
| Balance Transfer Fee | None |
| Minimum Balance Transfer | n/a |
| Maximum Balance Transfer | n/a |
| Type of Reward | Point |
| Optional Reward | No |
| Optional Annual Fee | $0 |
| Points Earned Per Dollar Spent | 1 Point |
| Additional Points | None |
| Point Details | Accountholders may redeem points for travel, certificates, checks in $50 increments, and merchandise. |
| Expiration | Points expire 36 months after they are earned. |
| Yearly Limit | None |
| Bonus Approval | None |
| Bonus First Purchase | None |
| Bonus Balance Transfers | None |
| Bonus Annual | None |
| Bonus Other | None |
| Bonus Details | None |
| Additional Perks | Various Internet related account services. Access to discounts and offers. No-Fee employee cards. $0 fraud liability. See website for additional benefits. |
| Notations | See website for complete terms and conditions of card usage and application disclosure. |
| Features / Benefits: | Enjoy 90 DAYS INTEREST FREE On All Purchases...Year After Year |
| 1 | No Interest For 90 Days On Purchases* (THIS IS NOT AN INTRODUCTORY OFFER) |
| 2 | Business Rewards Program With Travel, Merchandise, and Cash* |
| 3 | Get a Generous Credit Limit For Your Business Expenses |
| 4 | All With No Annual Fee |
| 5 | *See Terms and Conditions For Important Information, Benefits, and Limitations |
| Rating | 3.50 |
| Benefit Rating | 3.00 |
| Best Feature | Reward program; 90 days interest free for purchases; no annual fee |
| Worst Feature | No introductory offer; APRs are based on the highest Prime Rate over a 90-day period |
| Review | The Advanta Platinum 90-Day Interest Free BusinessCard is a good option for people with very good credit who are looking to manage all their business expenses on one credit card account. Business card accountholders will have access to a rewards program where one point is awarded for every dollar spent. Rewards can then be redeemed for travel, gift certificates, and merchandise. Rewards can also be redeemed for $50 checks when an account reaches a minimum of 15,000 points. Cardmembers may participate only if their account is in good standing. There is no limit to the number of points cardholders may earn, but points do expire 36 months after being issued. Perhaps the greatest benefit of carrying this card is that accountholders will have 90 days interest free on all new purchases. This is not a promotional offer, and comes standard with all approved accounts. Accountholders will have access to their account 24/7 and will have access to convenient business benefits such as free employee cards and discounts on services including car rentals. For a business card, the interest rates for purchases and cash advances (which are the same) are slightly higher than the average. Also, the interest rates are based on the highest Prime Rate offered over a 90-day period which may mean higher rates for a longer stretch of time. Business card applicants who plan on avoiding finance changes by paying their monthly statement in full and who plan on taking advantage of the reward program will benefit the most from the Advanta Platinum 90-Day Interest Free BusinessCard. |
| Date of Data Update | 2008-11-03 00:00:00 |
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