The most trusted and popular consumer complaints website
Explore your opportunities! Create an account or Sign In
Sort by: Date | Popularity

Advanta bank Complaints & Reviews

Advanta bank / update for all

Da

In case everyone has not been notified. I was recently was notified by Advanta that they are closing ALL Advanta Business Card accounts as of May 31st. They say a 'trust' that had been funding their business is no longer going to provide funding. Check out their website for more information. Oh and of course, you still gotta pay them what you owe them. Gee you would think that with them charging interest rates in the 35+% range, they could make a profit... Sounds a bit strange...

Advanta bank - New Hampshire, Wilton / Awful credit card practices

I have (as of today - that is "had") an Advanta Bank credit card for my very small business. I had it for a number of years, long enough that I can't remember when I opened it. At least 5 years...could be 10 years. At first I used it a bit. Then they pulled the ole' predatory "change the due date" combined with the "don't mail the statement to the customer in time so that they can have a hope of paying on time" trick. Which of course as expected ... worked perfectly. So I started making a series of late payments. They of course then changed my interest rate to the low 30%s and...

Advanta bank - Missouri, Ozark / Closed account

After reading many complaints against this company that sound even worse than mine I will throw my two worth. About a year ago last Christmas my wife was going in for some surgery so I made a payment for November then a week or so later gave them another 1000 dollars so my Dec. bill would be covered and I could be with her. I'm in the hospital with her they call and say I'm late with my Dec. payment and demand payment over the phone. I told them that I had already made this payment and they argued that I made it to soon and they applied it to Nov. so I agreed to pay the min. to get...

Advanta bank - New York, Commack / Credit card

I had a credit card with advanta and some how due to financial hardship was not able to make payments and wanted to have a settlement to pay off the card balance for reduced amount. After lot of phone calls and uncourteous conversation with everyone at this BANK managed to have the settlement to be paid over a period of few months. Did it as was aggreed on and I tell you these peolpe kept bothering me phone calls after phone calls for the remaing money( over the settlement amount). I paid all that we had aggreed on the settlement letter they sent me with dates to be paid by. They went into my...

Advanta bank / Advanta Refuses to Report to Credit Bureau

I paid Advanta $3, 600+ in July 2008 after an 18% APR hike which sent APR 36%+ after numerous requests for APR of 10% or less to expedite repayment of balance; instead Advanta closed my account after I stated that charging a business 36% is not good business sense. After paying $3, 600 lump sum balance, Advanta chose NOT to report my account to Experian (or other credit bureaus) which would enhance my credit score even after I requested my account be reported. I have consumer rights and Advanta is infringing on my rights by keeping my credit report incomplete. Was informed Advanta reserves the...

Advanta bank - Nevada, Las Vegas / Excessive Fees

Be

Another good customer...paid on time..paid $2800 more than required in 2008 and now my interest rate is at 37.18% from 7.99%. I am a small business owner and this is just beyond belief. Guess this is what I get for trying to pay the card off. A 'major class action lawsuit' should be formed to put this company out of business and return the overcharges to the good customers...

Advanta bank - Utah, Salt Lake City / Loan Sharks

Mi

I also was scammed by Advanta's Loan Shark tatics for credit cards. Wish I would have found this site before I ever got involved with this bunch of crooks!!! I also got a low 2.99% credit card transfer to pay off another card for a nominal fee. I also have excellent credit ratings and am never late on a payment. As everyone else here my Dec bill showed I was now a high risk and my new "life of the loan rate is now 32.08%%%%%%%%%%. I contacted the Pa atty general and filed a complaint. My response was this Please be advised that your complaint involving a National Bank should be directed...

Advanta bank / Overcharged

An

I have a business credit card with Advanta Bank and have been a good customer for 8 years. I have never missed a payment or paid late and yet my interest rate jumped from 15% to 36.18% this month ( Jan 2009 ) I have a min payment of $427.00 due to the increase and have no idea how to pay this. I did call in and speak to a customer service rep and a 'so called' supervisor. I was treated with no respect by either employee and basically told 'Good Luck' on my decisions in the future. I explained that I have been a long time customer with no late payments and needed an...

Advanta bank / You name it

Mi

In all my years of doing business with banks I have never seen more dishonest and absolutely predatory lending practices performed as I have by this institution Advanta Bank . If the old "bait and switch" ever applied to a lending institution I am positive it applies here. To draw you in with a low rate and jack it up for no good reason is deceptive at the very least. I wonder if anyone has contacted any news agency including the major networks ? There seem to be enough complaints and I am sure that during tough economic times they would love a juicy story such as this! So I say lets get them...

Advanta bank - Pennsylvania, Spring House / Interest rate raised because of the state of the economy

Sj

Everyone needs to be very wary of doing business with Advanta. This month my interest rate was increased from 11.99% to 25.39%. When I questioned why this was since I was an excellent customer and have excellent credit, I received the following reply. It seems now it doesn't matter how good you are at paying your bills, you are punished for what the rest of the country does. I am paying off this credit card immediately and canceling my account. Buyer beware!!! Thank you for contacting us about the terms of your Advanta account. Your Advanta rates are based on a variety of factor...

Advanta bank / Late fee & phone payment fee SCAM!

DO not do any business with Advanta! I have been a loyal credit card member for years and always paid my monthly balances in full each month. I never carried a balance! NO INTEREST OR FEES – Ever! In July 2007 I went to pay my bill on-line... THEIR WEB SITE WAS DOWN!!! The credit card was for my business and with a tight schedule I always paid via their web for the ease and convenience. The bill was due that day, I could not make the payment, and did not have the time to call them or try later that day or maybe the next day. I wanted to make the payment now and could not because...

Advanta bank / Excess interest charged

Instead of the 0.69 rate offer, they charged 34% annual interest! This happened on two balance transfers months apart. Seems like a scam. After lots of waiting, they will correct the mistake, but the overcharge shouldn't happen to begin with.