Advanta Credit Cards

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Category: Business & Finances

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New Mexico, United States

Advanta Credit Cards Reviews

Katoff April 19, 2010
Sent me a small check for some of the interest they ripped off
I started out with a low interest rate. It was changed several times--once the interest was raised 200. in 2 hours! I tried to pay it off quickly but they took almost half of each payment. When I called for help, the customer service people were clueless, as if they had no idea about the company. Now they've sent me a small check for SOME of the interest they ripped off, and say it will end my claim if i cash it. I there a class action lawsuit out there for this?
For Your Father August 27, 2009
Dennis Alter
Dennis Alter, you have abused your Advanta Management position by taking financial advantage of your customers at a time they can least afford it. A 37% interest rate is beyond excessive & moral reason. And I am sure you know in your heart, your father Jack would not approve of such abuse.<br />
<br />
August, 2005, "Philadelphia Magazine" named Dennis Alter "Best Business Leader". Their address is 1818 Market Street, 36th Floor, Philadelphia, PA 19103, call 215-564-7700, or email Michael Callahan at [email protected]. <br />
<br />
Dennis Alter has donated millions to Temple University. They "awarded" him their highest honor : "Musser Award for Excellence in Leadership". Their address is 1801 N Broad St., <br />
Philadelphia, PA 1922 Phone 215-204-7000, or email<br />
Anne K. Nadol at [email protected] or call 215-204-1388<br />
<br />
And, in 2000, "Fortune Magazine" named Advanta one of the "Most Admired Companies in America". A recent article posted on CNNmoney.com notes Advanta as: "The credit card company everybody hates". Their address is 1271 Avenue of the Americas, New York, NY 10020-1393, phone 212-522-1212, <br />
Fax is 212-522-0390, www.fortune.com.<br />
<br />
All the individuals & business owners who have suffered financial abuse at the hands of Dennis Alter's Advanta Corporation might want to respond with their own stories. <br />
<br />
It does not matter how many funds you donate, Mr. Alter, or how<br />
many wonderful "titles" are bestowed upon you, your true walk is the one you walk everyday. Your company policies have hurt and betrayed hundreds of thousands. I know I have to find a way to forgive you, for the suffering you have caused my family, Mr. Alter. But I do not have to respect you. You have no right to expect it.
Tillie Antiques January 24, 2009
HORRIFIC INTEREST RATE INCREASES
When I was taking an Economics course during my teen-age years, they called it USURY. During the Bush years, it is more like BUSINESS AS USUAL.
Advanta hooked our business in with a 7.99% rate, nothing ever said about being introductory. They even promised us bonus checks depending on the usuage of the Advanta credit card(s). We had the card for more than three years and had a credit limit, depending on what part of the statement you read, in double digits. In December, 2008 it read nearly $20, 000. Then we received a letter which we received on December 29, 2008 which gave us the option of paying over 30% starting January 2. 2009 or face a closed account if we insisted on maintaing the old rate.
Needless we didn't want to be held hostage by a company which didn't value us any more and had to forfeit. our bonus. In their January, 2009 billing, they even have a ategory which is listed as "forfeited cash back summary this period".
We weren't late with payments and have very respectable credit card scores. It is a waste of time calling in and discussing this issue with Advanta. THERE IS NO DISCUSSION!!
Mr. Obama, if you ask us tax payers to bail out ADVANTA, please be Christian and don't charge them more than the 30%+ interest rate and all of the forfeitures and miscellaneous fees that Advanta so graciously offered the customers, the heart and soul of America, during a period of a downward spiraling economy.
September 17, 2008
Interest rate increse without cause
We started out at %7.99 for a Corporate business card
Then out of the blue 4 months later (even tho the rate was supposed to be a fixed rate ) the interest went to %30 .
We have no late, no over the limit, we have always paid more then was due. We have a excellent credit score.
When contacted they said it was a "utilization review" that resulted in this action. They would not correct it and we had to find a way to pay it off.
They are legalized loan sharks on unsuspecting prey and should be not allowed to advertize on the web at all! They are dishonest in their business practices.

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