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Advanta Bank Corp. Complaints Sorted by Date

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Advanta Bank Corp.

Posted: 2009-01-07 by   RicHouston
Closed Account on Long-Term Customer with Perfect Credit!
Complaint Rating:  100 % with 2 votes
I have had a business mastercard with Advanta for over 10 years, have always paid on time, never paid late and last week they sent me a letter informing me that Advanta closed my account. According to the letter I received, "Our (Advanta) decision was based, in part, on the lack of activity...
Comments United States Banks

Advanta Bank Corp.

Posted: 2008-12-16 by   Lauren
Overcharged
Complaint Rating:  0 % with 0 votes
The company increased my business credit card interest rate over 300% without notice and without any reasonable explanation as to why? I called to find out why. I was told that the initial credit card terms which I accepted (for me, it was issued 4 yrs ago and I could not find ), gives them...
Comments United States Banks

Advanta Bank Corp.

Posted: 2008-12-03 by Jameson Abigale  [send email]
Overcharged
Complaint Rating:  100 % with 1 votes
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...
Comments United States Banks

Advanta Bank Corp.

Posted: 2008-11-12 by Joey McCarter  [send email]
Excessive Interest Rate
Complaint Rating:  100 % with 2 votes
I have had a credit card account with this firm for two years. Recently they raised my interest rate from 9.9% to 27.18%. I have been current with my account and they report me as "Paid as Agreed" to the 3 credit reporting agencies. Their only reason was that they judge me to be a...
Comments United States Credit Cards

Advanta Bank Corp.

Posted: 2008-09-10 by Clinton Warner  [send email]
Unethical
Complaint Rating:  100 % with 6 votes
I have never been late on my advanta card and have great credit. They just raised my annual percentage rate from 7.99% to 30.9%. When I asked for an explanation they would not give me one, they just said it was based on a review and could not give specifics. All they could tell me was it was...
Comments United States Banks

Advanta Bank Corp.

Posted: 2008-09-01 by Harden  [send email]
Raised my interest rate due to banks error
Complaint Rating:  100 % with 1 votes
Here is what happened. I have a credit card account with Advanta Bank Corp. My bills were being delivered regularly for about 6 months. Then my bills stopped.

Here is what I found out. Someone at Advanta sent my bill to a non-existing address. Advanta has this information on file....
Comments United States Banks

Advanta Bank Corp.

Posted: 2008-07-25 by Karl Gordon  [send email]
Rip off
Complaint Rating:  83 % with 6 votes
I get this notice in the mail telling me of the change to my account. How the heck can you possibly digest soo many changes in lawyer lingo outlined in 6 point type? I had a respond by date and if i don't respond, which i didn't, it means i accept the changes. Whats up with that? I...
Comments United States Banks

Advanta Bank Corp.

Posted: 2008-07-14 by Bewell  [send email]
Beware of them
Complaint Rating:  100 % with 2 votes
I noticed my interest rate went from 7.99 to 19.99%. When I called I spoke to Joann she put me on hold for several minutes when she returned she said she could not find a reason for this that my account was in good standing. She then said that back in May they had sent out a letter stating they...
Comments United States Banks

Advanta Bank Corp.

Posted: 2008-07-10 by Franklm  [send email]
Bait and switch
Complaint Rating:  100 % with 1 votes
Advanta Bank just raised my rates from 12.67% to 34.99% on a Business Platinum Card...overnight! I have never been even a single day late on any payment to ANYONE in the past 10 years. My credit score is "Excellent" and I have always paid substantially more than the minimum on every...
Comments United States Banks

Advanta Bank Corp.

Posted: 2008-04-24 by Valencia  [send email]
Scam and fraud!
Complaint Rating:  100 % with 22 votes
I received a notice today from Advant Bank informing me that my interest rate was being raised from 7.99% to 26.46% effective May 1. Of course the usual opt-out choice was available to my small business, and isn't it nice of Advanta to give me one week to take action?!? When I called, a...
Comments United States Banks
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