Advanta Platinum Businesscard Details
This card has an introductory annual percentage rate of 0% for balance transfers. This 0% introductory annual percentage rate also applies to purchases made in the first twelve months from the date of opening the credit account. A low introductory annual percentage rate makes this card particularly attractive to businesses that are trying to increase cash flow by diverting expenditure away from paying interest on cards with higher annual percentage rates and into more productive avenues for cash expenditure.
This credit card is also an attractive choice for business card applicants because it has ongoing benefits. One such benefit is that the card has no annual fee. Also, the annual percentage rate for the card after the introductory period is simply the prime rate plus 5.99%.
The personalization feature is designed so that holders of the Advanta Platinum Businesscard can personalize the appearance of the credit card. Cardholders simply have to request that the name of the business will appear across the top of the card. One benefit of this feature is that every time the business cardholder uses the credit card to make a purchase and other individuals see the card, it provides free advertising for the business. Another benefit is that in companies requesting multiple cards for many card users within the company, the company will receive more exposure of its name through multiple uses of the credit card by many cardholders. This can increase business name recognition and exposure.
Finally, the Advanta Platinum Businesscard protects its credit card holders by offering $0 Fraud Liability. This provides business cardholders with a sense of added protection and security because Advanta recognizes that fraud is a concern for many business cardholders.
Whatever the individual reason for choosing Advanta Platinum Businesscard, there are many benefits that businesses might consider in deciding to apply for this business credit card.