Opened an account appx 10/15/07. have never been late with A payment.
Interest rate on appx 4500.00 was 3.99%. Why I took this Company. I am still getting this interest rate on this amt
My oter balance same acct. at present is being billed 27.18% 0n appx 1400.00 & 32.18% 0n Appx6, 600.00 was 7.99%
This is nothing but pure theft. I really hope someone really knows how to bring this company to Justice. Sure can't get anyone there on the phone that can be talked to other than the answering person .

As a small business company we have had a Advanta Credit Card for over a year now. Interest rate: 7.99%. Payments made on time and most of the time for over the minimum amount.

Advanta increased interest our rate over 300% in less than 31 days.

Plus! Plus!Their statement now demands payment by not only the due date, but... get this by noon time on the due date!

When did we ever have control over the delivery of our U.S. Post Office. ?

Would recommend all Advanta credit card holders hold Advanta hostage on this move. Reasonable increases in rates can be expected is circumstatnces indicate.

But to us guys who play by the rules... lets our voices be heard loud and clear if this happens to you.

Increasing my interest rate more than 3x the amount is unheard of! What Advanta is being allowed to do is not only unbelievable but should be illegal. I asked several supposed 'managers' during my 56 min conversation if they were in the United States, and they said YES. Just wanted to make sure I wasn't speaking with India! So there was no mistake as to what the hell is going on here. They were fully aware of the small businesses closing, retirements vanishing, and homes being ripped out from under the average poor working slob. And yet, they still maintained 'that there is nothing they can do'.

I don't usually wish ill-fate upon anyone, but people who can stay employed at a place of business that practices screwing others without looking back should rot-in-hell! I hope they understand Karma, Karma, Karma...

I have had an account with Advanta for slightly over two years. I signed up under the intro rate of 2.99% (life of balance transfer) - I never charged anything on the card other than what I transferred to it initially. I have excellent credit and have NEVER been late on this card. In May of this year I made an electronic payment which was 'kicked back' three days later due to insufficient bank routing #. I called and the lady told me they had a 'system glitch' over the weekend (I made the payment on Friday) and not to worry she would fix this to where I wasn't late and wouldn't owe a late fee. "Great!", I thought to myself, and went on about my life. In October of this year my husband just happened to notice my statement and that the rate was a whopping 20.31% !! O -- M -- G!! I have never, ever paid anything remotely like that in my entire life! I called Advanta and expressed my disgust and told them that what they were doing was unethical and to reduce my rate! They declined. I was carrying a $7, 000.00 balance - Out of sheer disgust I found a way to pay the entire balance off by the next due date to avoid such unreasonable finance charges. I told them to CLOSE out my account and to kiss off, essentially. Here is where it gets GOOD. Listen to this CAREFULLY FOLKS... SO I paid the ENTIRE BALANCE OFF, IN FULL, LAST MONTH at the outrageous rate of 20.31%. I received a bill TODAY in the amount of $171.14 AT THE INTEREST RATE OF 37.18% !!! Are you *&##!@# kidding me?? So, I called "Lana" who advised me that yes, they did increase the rate LAST MONTH and sent me a notice THAT I NEVER RECEIVED and told me I missed the "opt out" grace period. The reasons they gave for the increase were totally bogus. I have a 820 beacon score and have never charged anything on the card since I transferred the balance TWO YEARS AGO. This company is absolutely the WORST I have ever delt with. Attorneys, media, whoever, contact me. I can verify all of the above stated. To consumers - BEWARE! I don't know where to go from here, or even if all the reporting in the world (to various agencies) will make a difference but SOMETHING MUST BE DONE. I didn't even know a $38% interest rate EVEN EXISTED! The most I have ever paid on a credit card at any point in my life was 9%! They jacked my rate up after sabotaging a late payment and jacked it up again AFTER I closed the account! If I didn't have to pay off the $7, 000 balance I'd hire an attorney just out of principle! Paige Columbia, South Carolina

Interest rate gouge. They upped my interest rate from 7.99 to 27.18 and 37.18 under the guise of not reading fine print. Would not lower it after a phone call. Have never been late or missed a payment on anything. Credit score in the 700's
Please pass the word to boycott these people and put them out of business.
Thank you.