I received notice today from Advanta that they are raising my APR to 35.69% effective July 2. This is the second large jump—after the first year at 7.99 it shot up to 21%, with no explanation offered. (Yes, I should have cancelled it THEN.) This account has remained in good standing since it was ...
Beware of credit card companies. Advanta made a very inviting offer. However, a cashflow problem turned this "GREAT CARD" into a nightmare. Example: I called Advanta to make a phone payment. April 18, the phone pay was for 200.00. On May 2, the paymnet was 349.00 (more than the phone pay ...
I received my most recent statement for my corporate CC and now have a 21.99 int. Rate, up from 7.99. I have had the card for 14 months with no late payments, etc... I called them and they said they cannot share with me why it went up. Their automated system is prorietary so there is not info to ...
On 03/13 I received my Advanta bill and noticed that the interest rate had been raised from 7.9% to 18.99%. I called Advanta and they claimed a letter was sent out that stated that this change was happening-I have no such letter. The rep then told me that I could fax a letter to state that I wanted ...
I had a business credit card with Advanta Bank for 2 years. The rate was variable, but fixed at x points over prime. It came to ~9% Apr. In August I started consolidating accounts, and decided to transfer all my other balances into this account. I called Advanta, verified the "x over ...