Advanta Life of Balance Platinum Card

What immediately springs to mind that is good about the ? Let’s take a quick look:

  • 2.99% Fixed APR for Life, on balances transferred within the first 3 months
  • 6% Cash Back or Travel Rewards
  • No Annual Fee and No Limit on earnings
  • $0 Fraud Liability

Not bad for a Platinum credit card is it?

To the fees that apply:

    APR for Balance Transfers and Purchases: Prime plus 1.74% (9.99% as of March 14, 2007); however, for only those Balance Transfers which you request during the first three billing cycles after your account is opened, the APR is a promotional 2.99%.

  • APR for Cash Advances: Cash Advances: Prime plus 1.74% or Prime plus 11.74% (9.99% or 19.99% as of March 14, 2007).
  • Default APR: The higher of the account APR plus 3%, or Prime plus a Default Margin of 21.74%.
  • Minimum Finance Charge: $1
  • Other Fees: Late Payment Fee: $19 or $39 based on balance. Overlimit Fee: $15 to $39 based on balance. Returned Payment Fee: $35. Dishonored Convenience Check Fee: $35. Convenience Check Stop Payment Fee: $29. Balance Transfer Cancellation Fee: $29. Bank Wire Payment Fee: $15. Foreign Transaction Fee: 3%.

So why not apply for an now and see what savings you can make?