Complaint / Review
Advanta Bank Corp
Platinum Business Card interest rate raised to 37.18% for purchases & 39.18% for cash advances. No reason! Pay more than minimum & on time

Advanta Bank Corp. Raised the interest rate on my Platinum Business Card to 37.18% for purchases and 39.18% for cash advances.

They have no reason for doing this. I pay more than the minimum due and pay on time.

This is nothing but legalized extortion and these kind of practices must be stopped before our county's economy is completely ruined!!!

Ironically, my total credit available on my latest statement is $666