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Advanta Business World MasterCard® Review
Issued by Advanta
  
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Overall Rating:
Benefit Rating:
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The Advanta Business World MasterCard® is for business card applicants with excellent credit and offers the convenience of one account for all business purchases.
Through the rewards program, accountholders will earn one point for every dollar spent on purchases. Accountholders will be eligible to redeem rewards after earning a minimum of 5,000 points. Rewards include travel, gift certificates, merchandise, and cash (in $50 increments). As long as the account is open, rewards will never expire and there are no limits on the amount of rewards that can be earned. At the end of every twelve months, accounts in good standing will receive bonus points to the tune of 50% of the amount of points accrued during that year.
Accountholders can enjoy additional benefits that include 24/7 account access, no-fee employee cards, and discounts on services.
The interest rates for both purchases and cash advances are both high for a business card. Also, the rates are based on the highest Prime Rate available over a three-month period. There is no introductory offer with this card.
Business owners who are seeking out a better way to separate businesss purchases from non-business purchases and who plan on paying their monthly bill in full will find the Advanta Business World MasterCard® a great option.
Through the rewards program, accountholders will earn one point for every dollar spent on purchases. Accountholders will be eligible to redeem rewards after earning a minimum of 5,000 points. Rewards include travel, gift certificates, merchandise, and cash (in $50 increments). As long as the account is open, rewards will never expire and there are no limits on the amount of rewards that can be earned. At the end of every twelve months, accounts in good standing will receive bonus points to the tune of 50% of the amount of points accrued during that year.
Accountholders can enjoy additional benefits that include 24/7 account access, no-fee employee cards, and discounts on services.
The interest rates for both purchases and cash advances are both high for a business card. Also, the rates are based on the highest Prime Rate available over a three-month period. There is no introductory offer with this card.
Business owners who are seeking out a better way to separate businesss purchases from non-business purchases and who plan on paying their monthly bill in full will find the Advanta Business World MasterCard® a great option.
Review Date: November 03, 2008
Note: The review on this card was updated on November 03, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
| Credit Card Rate Details | |
Intro Rate (Intro APR):
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No Introductory Rate Available |
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Additional Intro Details:
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n/app |
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Purchase APR:
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16.99% (Variable) |
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Cash APR:
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19.99% (Variable) |
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Finance Configuration:
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Average Daily Balance (including new purchases) |
| Credit Card Fee Details | |
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Annual Fee:
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$0 |
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Grace Period:
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n/a |
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Over the Limit Fee:
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None |
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Cash Advance Fee:
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3%, $5 minimum |
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Balance Transfer Fee:
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None |
| Credit Card Reward Program Details (Point) | |
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Points Per Dollar:
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1 Point |
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Point Details:
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Accountholders may redeem points for travel, certificates, checks in $50 increments, and merchandise. |
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Expiration:
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None |
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Yearly Limit:
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No |
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Bonus Annually:
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50% of Points Earned* |
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Bonus Details:
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*After every twelve months, 50% of the points earned during the year will be rewarded as bonus points. |
| Features | |
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Most Attractive Feature(s):
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| Reward program; no annual fee; access to discounts | |
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Least Attractive Feature(s):
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| No introductory offer; APRs based on the highest Prime Rate during a 90-day period | |
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Additional Features:
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| Various Internet related account services. Access to discounts and offers. No-Fee employee cards. $0 fraud liability. See website for additional benefits. |
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Important Notations
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| See website for complete terms and conditions of card usage and application disclosure. | |
| Additional Information | |
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Apply Online for the Advanta Business World MasterCard® from Advanta See other Business Credit Cards See other Credit Cards Issued by Advanta See other MasterCard Credit Cards |
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