Looking to do a balance transfer to Advanta Platinum with Rewards. Anything I should knwo about befo

Capital One hiked my rate up. Read a review about Advanta. Basically says, At the moment, the credit card with the longest 0% introductory apr is the Advanta Platinum with Rewards. It comes with a 0% APR for balance transfers for 16 months. Even after the introductory period is over, the apr is very low at 7.99%.

This is actually a small business credit card. Now, you may be asking why are we recommending a business credit card. Well, the reason is that you do not need a business to apply for a small business credit card. You can apply as a %26quot;sole proprietor%26quot;. At the moment, there is no personal card with a 0% balance transfer offer longer than 12 months.

Is this going to be a good deal? Link: https://www.advanta.com/ADV/Apply/SA-Pag...

Looking to do a balance transfer to Advanta Platinum with Rewards. Anything I should knwo about before I do?mortgage loan

Advanta Life-of-Balance Platinum Card

This credit card issued by Advanta is very popular among the balance transfer community. The reason being that it offers a low 2.99% Fixed APR for LIFE on balances transferred within 3 months. That is an offer which few credit card companies can match. With this excellent balance transfer rate the Advanta Life-of-Balance Platinum Card offers Up to 6% Cash Back or Travel Rewards. The credit card has No annual fee, and the reward program has no limits on earnings. On the whole a good credit card to transfer the balances. Apply online at: http://www.credit-card-gallery.com/Advan...

Looking to do a balance transfer to Advanta Platinum with Rewards. Anything I should knwo about before I do?

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I have the card. And I%26#039;m very happy with it. I get a 5% rebate on my gas, utilities (which includes comcast, and my cell phone). They issue a $50 plus check everytime your rebates get over $50.

Love it.|||A few things caught me on this one...

First, it sounds like you%26#039;re planning to falsify the application by stating that you are a sole proprietor and actually have no business. As an employee for a bank that does offer business accounts for credit cards, I can tell you that we do verify that there is an actual business before setting up a business account - including sole props. We can see fairly quickly if there%26#039;s no true business being operated. By sigining the bottom of the application (or sending it through via internet) you are confirming that all of the information is correct. If you indicate that you are a sole proprietor, that means you own a business and are solely responsible for the financial and legal implications. If you have no business, that%26#039;s fraud.

Second, if you read through the terms and conditions, the only balance transfers that will get the 0% bt rate are transfers from other business accounts, not personal accounts.

Third, even though there is a %26quot;fixed%26quot; rate after the introductory balance transfer period expires, the default rate is prime plus 21%. That%26#039;s a huge risk to take, you can%26#039;t predict the future - if something happens that causes you to go into default on this, you%26#039;re going to be paying close to 30% interest. Read carefully through the terms and agreement section - they use the default rates if you%26#039;re late, overlimit, a payment not being honored by your bank, failing to keep your credit score up, or %26quot;our concluding that you present an increased risk of future non-payment.%26quot;