The Advanta Platinum Business Card is designed for you if you are a business owner looking to consolidate business expenses onto one credit card account. You don’t have to pay any annual fee and the introductory APR is set at 0% on purchases and balance transfers for the first 12 months. After the expiry of the introductory APR, the APR for purchases and balance transfers is 14.24% variable which is Prime plus 5.99%. The APR is calculated on the maximum Prime Rate during a 90 day period. The APR for cash advances will vary according to your credit history and will be 5.99% or 11.74% + Prime Rate.
Through the reward program, you earn one point for every dollar spent on all purchases made with the Advanta Platinum Business Card and these points can be redeemed for various travel rewards or pre-paid bonus cards. Though there is no yearly limits to the number of points that you can earn yet the points expire in three years. If you prefer cash rebates instead of travel rewards, there is a rebate program available for you that gives cash back for purchases. Whether you choose the rebate program or cash back one, both are free. Many common Platinum Business features are found with this card, including auto rental insurance, extended warranty coverage, itemized expense reports and online account access. You can also take advantage of the discounts that are offered on various products and services from participating retailers and merchants.
With the Advanta Platinum Business Card you get a grace period of 20days and an exceptional business credit line of up to $50000, you also get $0 dollar fraud liability making life easy for you. If you are late in paying the bill you have to pay a late fee of $19 if your balance is less than $250 and if it is $250 or more then you have to pay $39 as the late fee. The over limit fee of the Advanta Platinum Business Card is $15 on balances under $501 and $29 if the balance crosses the $501 mark. The cash advance fee is set at 3%, a minimum of $5 and for convenience checks a maximum of $50. the same is set as the balance transfer fee as it is with the introductory offer.
To apply for the Advanta Platinum Business Card you only require very good credit and you can enjoy special savings on business products and services like discounts of up to 25% or more through the preferred arrangements with companies like Penny-Wise Office Products, IBM, Palo Alto Software and Ramada Inn.
The Advanta Platinum Business Card provides you with various internet account related services as well as online statements and management reports. The online account access helps you manage your account like requesting credit line increases; adding cardholders; requesting balance transfers and updating account information. You can pay your bills online and that too is free of cost, thus you not only save you time but money as well.
You also get a personalised business design, personalised business checks and a personalised billing date; hence with the Advanta Platinum Business Card you are the boss. The Advanta Platinum Business Card is accepted at over 28 million locations worldwide and with it you can access cash instantly from any ATM displaying the MasterCard, Cirrus or Maestro logos, so now you don’t have to worry about carrying cash whenever you are on a trip, the whole world is your home. To top it all, the Advanta Platinum Business Card protects you automatically against theft and damage.