Review
- Advanta Life of Balance Platinum Card
Updated: May 5, 2008
The Advanta Life of Balance Platinum Card, issued by Advanta, is designed for business owners who are look ing to consolidate their business expenses onto one credit card and are interested in a cash back rewards program that can be personalized to fit their business needs. The unique feature of this rewards program is that cardholders choose the category in which they will earn up to 6% in cash rebates. Looking for Advanta Life of Balance Platinum Card? Review credit card benefits and apply for the Advanta Life of Balance Platinum Card online. The choice of categories includes "gasoline and diesel fuel," "computers, computer supplies, electronics and office supplies," "online advertising services," or "utilities and telecommunications". Cardholders will also earn up to 1% in cash rebates for all other purchases. Find your perfect Advanta credit card. Rebate checks are issued each time that $50 in rebates are earned, and there is no limit on the amount of rebates that can be earned. However, the rebate percentage earned is based on a sliding scale and the highest available rebate will not be earned on all purchases. Advanta has gained trust of their clients as a reliable partner since the first days of its existence. Cardholders also have the option to choose the travel rewards program. See the terms and conditions for full details. Besides the rewards program, this card offers a 2.99% fixed APR for the life of balance transfers that are submitted within the first three months of cardmembership. A complete informative web site and a guide about the Advanta Life of Balance Platinum Card. This provides a great option to business owners who want to consolidate their expenses. The card also has no annual fee and a reasonably low interest rate for purchases. It is important to note that the APRs for purchases, balance transfers, and cash advances are tied to the highest Prime Rate during a three-month period. Due to this policy, the APRs may never reach the lowest possible interest rate. This card also offers benefits such as personalized business checks, various Internet account related services, and discounts on various products and services from partici pating retailers and merchants. Plus, the cardholder's online account reports are compatible with Quicken® and Microsoft Money® software. Therefore, those who will be able to take advantage of the cash back rewards program, the introductory rate for the life of balance transfers, and the various online business tools will benefit most from what the Advanta Life of Balance Platinum Card has to offer.
Most
Attractive Feature(s) - Advanta Life of Balance Platinum Card
Reasonably low APR; no annual fee; discounts on various products and services; choice of travel rewards or cash back program.
Reward
- Advanta Life of Balance Platinum Card
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Expiration: |
None |
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Yearly
Limit: |
None |
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Rebate
Minimum: |
.25% |
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Rebate
Maximum: |
6% |
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Additional Rebates: |
Cardholders will earn bonus rebates in their choice of one of the following categories: "gasoline and diesel fuel," "computers, computer supplies, electronics and office supplies," "online advertising services," or "utilities and telecommunications." The amount earned is based on the following scale: 6% on up to $500 in purchases; 1% on purchases over $500. |
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Rebate
Details: |
The amount of rebates earned on all other purchases is based on the following scale: .25% on up to $7,500 in purchases; .50% between $7,500.01 and $20,000; 1% on purchases over $20,000. Rebate checks are automatically issued when the cardholder reaches $50 in earned rebates. |
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