Complaint / Review
Advanta Bank Corp
Promised 7.9% business ccard, but raised the rate to 45%

Ordered a credit card with a life time rate of 7.9%; several months later they raised our credit limit and our company dicided to use the card for several major purchases and they increased our interest rate to 45%. When we contacted them they informed us that we were a high risk. Although we had 18 years of payment history and never had any late payments.