06-05-2009 11:47 AM - edited 06-05-2009 11:56 AM
From the Advanta.com web site.
These are some of the Q&A from this link.
Q: Why are you closing my account?
Q: What should I do with my credit card?
06-05-2009 05:06 PM
I had the card and was on vacation in the Caribbean when they informed me. I really glad I brought a personal card with me as well b/c I would have been completely stranded. They literally informed us 7 days before closing them all out. No real notice or anything.
The sight does say that they are looking for an alternate lender, but who knows.
06-13-2009 12:34 AM
Advanta closed my Kiva Business Mastercard, cl: $10,000, last month. Now I won't be able to "give back to my community by giving out grants to deserving entrepreneurs from around the world"
thanks Advanta for now lowering my credit/debt ratio (credit score).
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