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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
09/17 Advanta Bank increases Interest Rate w/o Cause 201
09/16 Raised our rates for no cause. 116
09/16 Advanta, raise of interest on small business 157
09/16 take "Advanta" of you at 35%!!! 181
09/16 Small business bait & switch--raised rates for no reason 178
09/15 Advanta Bank Corp APR hike from 12.49% to 30.08% 160
09/12 Advanta interest rate rip off 282
09/10 Advanta is unethical 109
09/10 advanta excessive interest rate increase hoodwinked 91
09/10 Advanta Card Fraud 121
09/09 Advanta is a rip off 2.9%-35% 159
09/08 SCREWED BY ADVANTA 76
09/03 Advanta lied about transfer fees 133
09/03 Raised interest rate from 7.00 t0 20.99 126
09/01 Excellent Credit = raising interest rate?? 366
08/31 Raised my interest rate due to banks error. 174
08/27 Advanta raised my rate due to economy? 321
08/27 Advanta Bank Credit Card rips people off. 96
08/26 Beware of Advanta Credit Card - rip off!! 357
08/26 ADVANTA------- Buyer Beware 131
08/26 Advanta Bank Corp Business Card 98
08/26 Advanta raised interest to 20% \ 120
08/25 Rate jacked by Advanta 120
08/25 Advant Bank Lies and Ghouls 79
08/20 Advanta Card changed rates without notice! 191
08/20 Advanta not willing to work with customers 93
08/19 400% increase in interest rate, no reason 181
08/13 Advanta Credit Cards Should Be Banned 123
08/13 Advanta ripped me off, too 159
08/13 Advanta Bank Complaint 115
08/07 Advanta Increased the promotional interest rate fraudulently 103
08/04 Advanta changes interest rate without notice. 131
08/01 Advanta Bank Corp. Ripp Off 140
07/31 Raised interest rate from 7.9 to 34.5 % 232
07/27 Advanta 34.99%!!! 144
07/24 How do go from 7.99% from 34.99% they are thieves! 208
07/22 Advanta Bank Closes Good Standing Account at Will!! 128
07/22 ADVANTA RIPPED ME OFF!! 138
07/18 Advanta Bank 111
07/15 interest rate increase 131
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Results 81 - 120 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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