Updated April 25th 2009: This offer is no longer valid. Information regarding this deal has been left up to document changes in the credit card industry.
Small business owners looking to eek out an extra 3 months on a 0% APR balance transfer have extremely limited options. To be precise, they have one. At present, the only credit card on the market offering a 0% APR for 15 months on balance transfers is the Advanta Platinum.
Just how much you can save with a 0% APR for 15 months obviously depends on the amount of the balance you transfer. For example, a person with a $3000 balance transferred from a credit card charging a 14% interest rate can save over $100.
An additional benefit of the Advanta Platinum Card is that after the 15 month 0% APR introductory period ends, the ongoing APR is a fixed 7.99%, significantly lower than most current offers.
You can learn more about the Advanta Platinum card and apply online to take advantage of a 0 APR for 15 months here.
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December 28th, 2008 at 4:28 pm
make sure you buy nothing, because they will charge you interest on your purchases and the amount you pay only goes towards the balance transfer amount.
May 8th, 2009 at 7:33 pm
You’re right on the money with that one. Unless you get a 0% APR on both purchases and balances transfers, all payments you make will go directly to the balance with the lowest interest rate. New laws may prevent this, but they don’t come in to play until 2010.