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Advanta Bank

Rating:
132 complaints

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Advanta is a bank holding company. It was founded in 1951 by Jack Alter who was a schoolteacher in Philadelphia. Initially the banking corporation was founded as a company offering personal loans to teachers. At the present time Advanta financial company operates two banks, which focuse mostly on the small business credit cards and related services. These banks are Advanta Bank Corp and Advanta National Bank. The company was ranked as one of the best companies to work for in the United States by Fortune Magazine.

Besides, Advanta is one of the most rapidly growing financial services companies.

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Advanta Bank Complaints & Reviews

DateAdvanta Bank ReviewsHits
07/13 ▪ Tell everyone you know beware of Advanta Bank!! 322
07/11 ▪ Advanta Executive Business Card - Reporting me to Credit Bureau 85
07/09 ▪ Advanta Bank... Guilty of Usury 285
07/09 ▪ ADVANTA ruins your business 139
06/27 ▪ Advanta Master Card Has Questionable Billing Practices 146
06/23 ▪ Advanta Bank- raised interest rate 296
06/10 ▪ Advanta Bank Corp Credit Card Fraud 2901
05/09 ▪ Advanta Bank Corp Credit Card Fraud 5158
04/15 ▪ Advanta-never late with a payment and still did a bait and switch! 2785
03/10 ▪ Customer Service Non existant 345
02/26 ▪ Advanta MC Fraud? 872
01/11 ▪ Advanta Bank 661
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Results 121 - 132 of 132

Related Information

Credit Cards
A credit card is a system of payment. It is named after the small plastic card. The card is issued to users of the system. The issuer lends money to the user to be paid later to the merchant. It is different from a charge card, since it does not require the balance to be paid off in full each month. It allows the consumer to 'revolve' his/her balance with the interest being charged.

Almost all credit cards are issued by local banks or Credit Unions. They are of the same shape and size as indicated by the Standard. Credit cards are issued after an account has been approved by the credit provider. The validity of the card is verified using a credit card payment terminal or Point of Sale (POS) system.

Sometimes poor security level of the credit cards and/or credit card systems can provide different possibilities for fraud. There's even such a things exist as a black market for stolen credit card numbers, which are usually used quickly before the cards are reported stolen. But amazingly enough the main reason for all these frauds and security leaks are the card holders themselves, so be aware!

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