Ask The Consumerists: Small Business Credit Cards

Ask The Consumerists: Small Business Credit Cards

We’ve heard from many, many readers who are Advanta cardholders since bringing the impending account freeze to their attention before the company did. Some people are just annoyed. Others don’t know what to do to keep their businesses afloat.

Advanta Notifies Customers About Impending Credit Shutdown

Advanta Notifies Customers About Impending Credit Shutdown

T-Minus four days to the closing of Advanta accounts to new charges this Saturday, the small business credit card issuer sent an e-mail out to customers explaining the situation and how it will affect them.

Advanta Moves Up Credit Freeze Deadline, Still Doesn't Notify Customers

Advanta Moves Up Credit Freeze Deadline, Still Doesn't Notify Customers

UPDATE: Advanta Notifies Customers About Impending Credit Shutdown

Advanta Shuts Down Small Business Credit Card Accounts

Advanta Shuts Down Small Business Credit Card Accounts

UPDATE: Advanta Moves Up Credit Freeze Deadline, Still Doesn’t Notify Customers

Advanta Raises Your 8% Credit Card To 20% Because The Economy Is Bad

Advanta Raises Your 8% Credit Card To 20% Because The Economy Is Bad

I have had an Advanta Credit Card for a little over a year now. My interest rate prior to a few days ago was 8%. My credit rating is very good, and I have always made my payments on time. As I was looking over my bill for September I noticed a fee of $75 dollars. A few clicks later I found that my interest rate had been raised to 20%.