This company is tripling and quadrupling interest rates on people for NO REASON AT ALL. I have perfect credit, high credit score, not been late on payments, and pay more than the minimum amount due. And all they can tell me is, "we don't have to tell you our lending guidelines." There's nothing we can do for you. They told me I needed to use this card regularly so I would have good credit for my business. So I used it for $4000 and they took my interest rate from 7.99% to 31.38%. STAY AWAY FROM THIS COMPANY. THEY WILL RIP YOU OFF.

With no warning... and after 10 years of never having a missed payment and having never even made a late payment... AND... after drawing me in with an 8.99% promotion, Advanta has raised my rate to an incredible 36% !! Supervisors are unavailable to take phone calls (the CSR claims I will get a call back within 48 hours - we shall see). In any case, something needs to be done about these horribly disingenuous policies. Did I mention that my balance was over $15, 000 when they pulled the switch with no warning??

iI have always paid advanta bank corp, ontime 10 to 14days before payments are due, and now al l of a sudden they are saying they didnt recieve my online payments threw there system, i just found out about it, i am hoping i have saved a copy of the payment process to my laptop so i can file a law suite against them, thats if they make it through these tough times, but i find that so strange they would play tricks like that, now my default rate is 30%, i will pay of my balance of 8k and just leave the card open, there are no annual fees, but when the acconomy gets better, then they will come begging for my bzzz, but the crappy thing about it is they sent a negitive report to dun&brad, that sucks, so ill just do what i can and make sure from now on i keep a copy of all online payments, making sure even though, i think they are proccessing, just make certain they do, i dont know what else i can do that would make a difference at this piont.

I have a business credit card with Advanta Bank Corp and have been in perfect standing with them for over 9 years. I pay my bill on time and have never gone over the limit. I just went online to pay this month's bill and was shocked to discover it had gone from 12.49% from last month's APR to 30.08%. I immediately called in, thinking this was a huge mistake on their part. I was told by the representative and then a supervisor that in reviewing my account history and credit, my rate was adjusted. I told them that I have a long and flawless history with them and that my credit is excellent and that I have zero balances with all of my other credit cards. The supervisor then told me that he can't give me a reason as to why the APR had gone sky-high, but that it was also a reflection of the economy. I told him I was given no warning of this rate hike and that Advanta can't just do this to families across the nation. I asked if he could refund some of the $1, 000 in interest charged for this month alone, but he only offered to refund $200 of it- far from the difference in the rate hike. I told him I'd be paying off my entire balance in full right now and would never use my card again. I haven't yet gotten my statement in the mail- I usually pay online before it arrives. I just paid my account in full today, but I assume that many Americans will be getting their statements in the mail in the coming days this month and the same thing will have happened to them. This is a pretty serious situation that will truly hurt a lot of honest, hardworking people. I filed a report on a website called ripoffreport.com and this site today, but I don't know what else to do. Other people are posting the same thing.

Fellow Consumers, I also was recently scammed by Advanta Bank Corp my interest rate has been 7.9% for over a year I have good credit and have never been late on my payments to Advanta or any of my financial obligations. My interest rate was raised to 25% based on them saying a letter was sent as if this justifies the outrageous increase. I filed a complaint with Utah BBB and the FDIC we should all take the time to file complaints against these types of tactics. I have researched on line and have found many consumers like myself under these same circumstances please get the word out to other consumers and take the time to file official complaints against this unethical company.