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Advanta Platinum BusinessCard
issued by Advanta
Advanta Platinum BusinessCard Overall Rating
3.5 stars
Benefit Rating
3.5 stars
Application
Apply online for this card or
read on for a full review of all the features.

In-Depth Credit Card Review
This online card application is intended for residents of the United States only. For other country options, please refer to the right hand menu bar.
The Advanta Platinum BusinessCard, issued by Advanta, is designed for business owners who are looking to consolidate business expenses onto one credit card account.

The 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 this 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 BusinessCard has to offer.

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


Note: The review of this Advanta card was updated on 05/14/2008 and is believed to be accurate during the update, however, information posted may have since changed. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application

Key Card Information
Introductory Rates and Terms
Intro Rate:0% APR for 12 Months
Applied Towards:Purchases, Balance Transfers
Miscellaneous Rates and Terms
Credit Limits:$50,000 (Maximum)
Purchases APR:11.99%
Cash Advance APR:11.99%**
Finance Config:Average Daily Balance (including new purchases)
Grace Period:20 Days
Fees Associated with this Card
Annual Fee:$0
Add. Cardholders:$0
Late Payment Fee:$19 if balance is less than $250; $39 if balance is $250 or more
Over-the-Limit Fee:$15 on balances under $501; $29 on balances between $501 and $1,001; and $39 on balances over $1,001
Cash Advance Fee:3%, $5 minimum ($50 maximum for convenience checks)
Balance Transfers:3%, $5 minimum, $90 maximum (with this introductory offer)

Additional Highlights of Interest
Special Card Benefits and Features
  • 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 Notes Regarding This Offer
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 11.99% + Prime Rate. See website for complete terms and conditions of card usage and application disclosure.

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Advanta Platinum BusinessCard from Advanta. Card data and review by CardOffers, Inc. Apply for your credit card today.