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Credit Card: Advanta Platinum BusinessCard

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Issued by Advanta   Categories: Business
Advanta Platinum BusinessCard Overall Rating

Benefit Rating

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

Additional Perks

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.

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Rates & Fees
  • Introductory Rate: 0% APR for 12 Months
  • Introductory Rate Details: None
  • Grace Period: 20 Days
  • Applied Towards: Purchases, Balance Transfers
  • APR (Purchases) %: 13.74
  • APR (Cash Advances) %: 13.74
  • Finance Configuration: Average Daily Balance (including new purchases)
  • Annual Fee: $0
  • Additional Cardholders: $0
  • Application Fee:
  • Minimum Credit Limit: n/a
  • Maximum Credit Limit: $50,000
  • 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 Transfer Fee: 3%, $5 minimum, $50 maximum (with this introductory offer)
  • Important Notations: 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 12.24% + Prime Rate.
    See website for complete terms and conditions of card usage and application disclosure.
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* See the online credit card applications for details about Terms and Conditions of offer.

Note: The credit card information is believed to be accurate during the update. However, all information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions Statement that accompanies the credit card application. When you click on the " Apply " button you can review the credit card Terms and Conditions on the credit card issuer's web site.

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American Express® Preferred Rewards Gold Card
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n/app Not Available $125** No Introductory Rate Available



American Express® Preferred Rewards Green Card
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  • No Annual Fee for the First Year - $95 Thereafter
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APR (Purch) % APR (Cach) % Annual Fee Intro APR
$95** No Introductory Rate Available



Continental Finance MasterCard®
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  • Get Your Application Results in Seconds
  • Monthly Reporting to the Major Credit Bureaus
  • Free Online Access
  • Excellent Online Tools for Managing Your Finances
  • Semi-Annual Credit Limit Increases
  • No Minimum Monthly Income Requirements*
  • Unsecured MasterCard Accepted at Millions of Locations Worldwide
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