Advanta Platinum Business Card

The Advanta Platinum Business Card, issued by Advanta, is designed for business owners who are looking to consolidate business expenses onto one credit card account.

The Advanta Platinum Business Card has no annual fee and an attractive 0% introductory rate on purchases and balance transfers for the first twelve months. After the introductory rate expires, the APR for purchases and balance transfers is reasonable.

It is important to note that the APRs for all transactions may be tied to the highest Prime Rate during a 90-day period. Since the issuer selects the rate from any day within that time frame, the APRs may never reach the lowest possible rate due to this policy.

Many common platinum business features can be found with the Advanta Platinum Business Card, including auto rental insurance, extended warranty coverage, itemized expense reports, and online account access. Cardholders are also offered discounts on various products and services from participating retailers and merchants.

Therefore, individuals who may occasionally carry a balance and plan to take advantage of the additional benefits and services (especially the retailer and merchant discounts) will benefit most from what the Advanta Platinum Business Card has to offer.
Review Date: 10/29/2007

Most Attractive Feature(s): No annual fee; discounts on various products and services.
Least Attractive Feature(s): APRs based on the highest Prime Rate during a 90-day period.

Additional Perks
Various Internet account related services.
Personalized business design.
Personalized business checks.
Personalized billing date.
Online statements and management reports.
Auto rental insurance.
Purchase protection.
Extended warranty for purchases.
Discounts on products and services at participating merchants and retailers.
Compatible with Quicken® and Microsoft Money® software.
See website for additional benefits.

Important Notations
The APR is based on the highest Prime Rate during a 90-day period.
The APR for cash advances varies according to the applicant's credit history and will be either 5.99% or 11.74% + Prime Rate.
See website for complete terms and conditions of card usage and application disclosure.