SIGN UP TO RECEIVE THE LATEST POSTS VIA EMAIL!Advanta Mastercard – 2.9% Balance Transfer For Life
February 28, 2008
EDIT: Please note that the Advanta Balance Transfer For Life Offer is no longer available. You might like the Advanta Mastercard that offers no interest for 90 days every month!
Advanta has a pretty good offer going on for those of you carrying some credit card debt. They are offering 2.9% on balance transfers for life when you sign up for the Advanta Life-of-Balance Platinum Card and transfer balances within 3 months of the account opening. And even better, there is no balance transfer fee!
One thing to note, this is a busniess card, but it appears that anyone can get it. I also had a reader report that they were able to transfer balances from their personal cards to this card. I just signed up and was approved, since I couldn’t pass this one up. I have about $8,000 on a 0% balance transfer that I need to do something with soon so this will work out great.
There is no annual fee for this card. It was a very easy application process. I have had Advanta cards and the past and have had no complaints with their service.
I got this deal, and then after 6 months,with no late payments ever, they raised the percentage to 16.9% They say due to economy that they had to. Beware!!
This year, I have found hundreds of complaints all over the country where Advanta has jacked the interest rate up to 25-35% on any of their customers carrying a balance who have excelllent FICO, credit records, and no late payments. If interested in joining a class action lawsuit against them, please e-mail me at dec458@msn.com.
Advanta is a preditory lender ! They offered me a balance for life in 2007. They have now reniged on there offer and chargeing me interest. They also raised my rates to 22.9%. I have perfect creidt. Stay away from them.
[...] provides information about balance transfer for life through his website on [...]