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The Advanta
Platinum Business MasterCard, issued by Advanta, is designed for
business owners who are looking to consolidate business expenses onto
one credit card account.
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.
The card has no annual fee and an attractive long term 0% introductory
rate. The APR for this card varies and applicants should review the
terms and conditions provided by the card issuer.
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.
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 MasterCard has to offer.
Review Date: May 1st, 2007 |