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MasterCard Good Credit $0 2.99% for life of the balance transfer on Balance Transfers 7.24% Cash Back 20 DaysBusiness  

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Advanta Life-of-Balance Platinum Card

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Advanta Life-of-Balance Platinum Card

Quick Summary:
This is a MasterCard cash back rewards card issued by Advanta Business. This card is restricted to business owners with a good to perfect credit history. You may need proof of business ownership or involvement before finalization of the card acceptance. APR's may vary among applicants, however the lowest standard APR is 7.24%.

APR's:
There is an introductory APR as low as 2.99% for life of the balance transfer. However, this intro rate only applies towards balance transfers. Be cautious that some card issuers may charge higher rates and fees for cash advances.

The lowest available APR is variable, meaning that the rate can change as U.S. prime rates fluctuate. You can find out how to compute your APR in the programs terms and conditions. For example, you may be instructed to add 2.24% to the U.S. prime rate.

Rewards:
This card is a cash back card, where you can expect cash rewards for your purchases.

Credit Record Needed:
Based on the FICO score recommendation, applicants should have a great credit record. A FICO score of at least 741 is recommended for a higher chance of approval for the Advanta Life-of-Balance Platinum Card, but is not required. There are a number of other factors that this issuer may also consider when making decisions for approval.

Other Basics:
The grace period listed for the Advanta Life-of-Balance Platinum Card is at least 20 days. So interest charges will not be applied during those days.

This card is intended for business owners. You will normally need your basic business information, including your Federal tax I.D. number and business phone and address when applying for this offer.

This card contains the brand of MasterCard, where acceptance is global. Most businesses that accept credit cards will accept MasterCard as a form of payment.

Approval Rate:
The approval rate for this card is at a maximum. If you believe that you fall into the credit record of "Good Credit" then you will have a better chance for approval. Furthermore, if your FICO score is close to or higher than 741, then your chance of approval may be greater than other applicants.

Approval Time:
Approval time for this offer is not listed. However, you could normally expect the approval process to be completed between 1 to 2 weeks, and an additional 1 to 2 weeks for the card to be delivered after you are approved.

Offer Details:


  • 2.99% APR for Life of balances transferred within 3 months*
  • Choice of 6% Cash Back on Bonus Qualifying purchases* or Travel Rewards
  • No Annual Fee and No Limit on Earnings
  • Get employee cards with no fee and set spending limits per user
  • $0 Fraud Liability
  • Personalized card -- your company name on the card, plus your logo.



*Please view and verify the card offer's terms and conditions regarding interest rate, fees, grace periods, approval time and other information before applying.

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Business Card Rate Comparison

APR7.24%
Avg. APR**10.64%
Annual Fee$0
Avg. Annual Fee**$6.09

**  APR average does not include cards where APR is 0%, unless viewing offers in the secured card category. "Annual fee average" contains the average of all fees in a specific category (Business cards), even where the fee is $0. This data is subject to Finance Globe's terms and conditions.

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