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Press release: Advanta announces 'Rates for Life' for small businesses

By Ben Woolsey

Advanta National Bank has announced the launch of a new product for small business owners. The new product is called "Life-of-Balance Platinum Card". As the name implies, the card offers a fixed rate for the life of the account.

Te Life-of-Balance Platinum Card will offer a 2.99 percent APR on all balances transferred to the credit card within the first three months of the account.

Rewards are also provided as a core feature of this new card -- up to 6 percent of purchases are rebated in the form of cash back or travel rewards.

The cards carry no annual fee and no earnings cap on the free rewards program.

Published: March 15, 2006


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