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The Advanta Platinum
Rewards Business MasterCard, issued by Advanta, is designed for business
owners who are looking to consolidate business expenses onto one credit card
account and would like to earn rewards for business purchases.
Through the reward program, cardholders earn one point for every dollar spent on
all purchases made with the card. These points can be redeemed for various
travel rewards or cash back. There is no yearly limit to the number of points
that can be earned; however, points do expire in three years. If the cardholder
would prefer cash rebates instead of travel rewards, there is a rebate program
available that offers between 1% and 5% back for purchases.
Many common platinum business features can be found with this card, such as 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 on
balance transfers. This card also has a very low fixed interest rate, in place
as long as payments are up to date; applicants should review the terms and
conditions provided by the card issuer.
Therefore, individuals who may occasionally carry a balance and plan to take
advantage of the additional benefits and services provided (especially the
retailer and merchant discounts), will benefit most from what the Advanta
Platinum Rewards Business MasterCard has to offer.
Review Date: May 1st, 2007 |