Advanta Business Card Closing All Accounts!
Advanta was one of the most popular credit cards for small businesses because of the generous credit lines it gave to new accountholders. The generosity, however, has essentially caused the downfall of all Advanta accounts.
Advanta announced it will be closing all Advanta accounts by early June. Prior to this announcement, I would have recommended this card to all small business owners because of the credit limit alone. But now, those who have this card may find themselves struggling to get a new card or cards to fully replace the available credit they'll be losing in June.
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