Advanta Business World MasterCard®
Card Type: MasterCard
Card Issuer: Advanta
Card Category: Business
Apply for Platinum BusinessCard with Unlimited Rewards
- An Exceptionally Rewarding Business Card
- Get 50% Bonus Points Every Year, When You Make All Payments On Time
- Earn Points Faster - With No Earnings Cap and No Air Travel Seat Restrictions
- Thousands of Merchandise, Gift Card, and Travel Options
- No Pre-Set Spending Limit*
- All With No Annual Fee
- *See Terms and Conditions For Important Information, Benefits, and Limitations
- Data
- Rating:
- Intro Rate:
- No Introductory Rate Available
- APR (Cash):
- 19.99%
- APR (Purch):
- 16.99%
- Annual Fee:
- $0
Review
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.
Most attractive features: Reward program; no annual fee; access to discounts
Least attractive features: No introductory offer; APRs based on the highest Prime Rate during a 90-day period
Additional Perks: Various Internet related account services. Access to discounts and offers. No-Fee employee cards. $0 fraud liability. See website for additional benefits.
Rates & Fees
Introductory rate: No Introductory Rate Available
Applied towards: None
Introductory Rate Details: n/app
Apr(Purchases): 16.99%
Apr(Cash Advances): 19.99%
Finance Configuration: Average Daily Balance (including new purchases)
Annual Fee: $0
Additional Cardholders: n/app
Grace Period: n/a
Minimum Credit Limit: n/a
Maximum Credit Limit: n/a
Late Payment Fee: None
Cash Advance Fee: 3%, $5 minimum
Balance Transfer Fee: None
Important Notations: See website for complete terms and conditions of card usage and application disclosure.
Rewards
First Purchase Bonus: None
Balance Transfer Bonus: None
Annual Bonus: 50% of Points Earned*
Other Bonus: None
Bonus Details *After every twelve months, 50% of the points earned during the year will be rewarded as bonus points.
Reward Type: Point
Optional Rewards: No
Minimum Rebate: n/app
Rebate Details: n/app
Maximum Rebate: n/app
Additional Rebates: n/app
Miles per Dollar spent: n/app
Mile Reward Details: n/app
Additional Miles: n/app
Points per Dollar spent: 1 Point
Point Details: Accountholders may redeem points for travel, certificates, checks in $50 increments, and merchandise.