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  • Report:  #397264

Complaint Review: Advanta Bank Corp.

Advanta Bank Corp. Platinum Business Card interest rate raised to 37.18% for purchases & 39.18% for cash advances. No reason!! Pay more than minimum & on time. Salt Lake City Utah

  • Reported By:
    Lawton Oklahoma
  • Submitted:
    Wed, December 03, 2008
  • Updated:
    Wed, December 03, 2008
  • Advanta Bank Corp.
    P.O. Box 30715
    Salt Lake City, Utah
    U.S.A.
  • Phone:
    800-705-7255
  • Category:

Advanta Bank Corp. raised the interest rate on my Platinum Business Card to 37.18% for purchases and 39.18% for cash advances.

They have no reason for doing this. I pay more than the minimum due and pay on time.

This is nothing but legalized extortion and these kind of practices must be stopped before our county's economy is completely ruined!!!

Ironically, my total credit available on my latest statement is $666

Karen
Lawton, Oklahoma
U.S.A.

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