Advanta sent us a notice (11/07) that our interest rate on purchases was being raised from 8.6% to 12.99%. Last week (3/14/08) we received another notice of rate increase - this time from 12.99% to 31.99%! We have incurred no new debt, have never made a late payment to any creditor - and we deserve ...
Apparently even highly-rated credit cards and their banks engage in bait & switch and predatory lending. After 6 months with Advanta, thats what I now believe see if you agree after reading this one. Dont take my word for it, just read the facts and draw your own conclusion: PROFILE: Married ...
Advanta Bank Corp offered me a business card with a 7.99% annual interest rate. I applied and got a card with a $12,500 credit limit. I opened a store-front retail business and used the card for many of my purchases. I ran monthly bills as high as $7,500 which I always paid in full when I got my ...
I have had an Advanta card for a couple of years. They started raising the interest rate for no reason several months back. When I called about it, I was told nothing could be done. Since that call they raised my rate again, this time to 26.46%! I have not missed or been late on a payment. I just ...
Advanta lures you in with a 9.9% rate. Then raises to 29.99%. I have been late with some payments and paid the $35.00 fee. Now that I'm at my credit limit, this company not only charges a $35.00 over limit they also charge a $35.00 late fee. They raised the interest rate to 29.99% with out my ...
Our company has had an ADVANTA business credit card for several years. Two months ago they decided to increase our interest rate from 17.49% to 24.99%. When I called to ask why they had done this, I was told: We periodically revue accounts and increase the rates as we see fit. This is based on your ...