Advanta
A little bit of this and a little bit of that is what the Advanta Platinum BusinessCard with Unlimited Rewards has going for it. All the bits of this low interest business credit card add up to an ideal card for any small business owner looking for a credit card with many added perks.
A Low Interest Business Credit Card
The Advanta Platinum BusinessCard with Unlimited Rewards' low interest rates will peak your interest. Take the 15 month 0% APR for balance transfers, for example. You can transfer balances from high interest cards onto the Advanta Platinum BusinessCard with Unlimited Rewards, and give yourself a break on interest payments for a whopping 15 months. Afterwards, you’ll pay 7.99% APR for the life of the balance transfer. If you qualify, your APR for purchases could also be as low as 7.99%, which is quite reasonably low for a business credit card.
A Small Business Credit Card with Unlimited Rewards
There's more to this card than the shiny plastic and low interest rates. You'll have access to cash back and travel rewards through the Advanta Platinum BusinessCard with Unlimited Rewards incentive programs, which give you the option to choose between receiving cash back or points.
With the cash back option, you can receive a $50 check for 5000 points - an equivalent of 1% cash back for every dollar that you spend. Cash back is a great option for accountholders who wouldn't mind receiving a little something extra in the mail every once in a while.
Another option is to earn reward points. Instead of earning cash back, you can opt to collect one point per $1 you spend and redeem those points for travel rewards. These rewards include airline tickets for international and domestic travel, hotel stays, and car rentals – all of which can come in handy for business travelers. You'll also be able to redeem your points for merchandise, gift certificates and gift cards that could end up being a thank you gift for a deserving employee.
Whichever reward route you choose to take, you'll be happy to know that there is no cap on the amount of rewards you can earn. With the rewards points, however, any points you earn will begin to expire after 3 years, so you'll have to use them or lose them.
More Small Business Credit Card Perks
Use your Advanta Platinum BusinessCard with Unlimited Rewards and you’ll be able to keep track of your company’s expenses with itemized expense reports and online account access. Services such as auto rental insurance and extended warranties on purchases will also come with your small business credit card.
Is the Advanta Platinum BusinessCard with Unlimited Rewards the Card for Your Business?
The Advanta Platinum BusinessCard with Unlimited Rewards is a great low interest business credit card. The 0% introductory rate for balance transfers is ideal for any business owner who needs a break from other high interest credit cards. Note, however, that while this is a low interest business credit card and the rate for balance transfers is fixed at 7.99%, the rate for purchases is variable and will depend on your credit history. The APR for purchases is also based on the highest APR over a three month period which may mean higher APRs and more cash to dole out if you plan to carry a balance from month to month.