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Get $2000 cashback in advance with Advanta Advanta Why Wait Business World MasterCard

By , January 12, 2009



LINK

IBD note: I guess this card could be good for businesses that need money now and are confident that they can generate borrowed cashback within the first 15 months (spend from $25000 to $200,000 with the card)


Terms:


1) Upon account activation, a Cardmember will be credited with between 25,000 and 200,000 Why Wait PointsSM. By redeeming WhyWait Points you agree that Advanta may charge the Account at a rate of 1.5 cents per redeemed but unearned WhyWait Point if more than 15 months have passed since the date of redemption, you fail to timely make any minimum payment, and/or you do not utilize your account sufficiently such that Advanta reasonably anticipates that you will not earn the redeemed WhyWait Points within 15 months. The number of WhyWait Points you are credited is based on your initial assigned revolving credit line. So long as you keep your account in good standing, you will have 15 months from the date of redemption to earn any WhyWait Points you redeem.

2) Earn 1 point for each $1 in Net Purchases. Earn an annual bonus of 50% of the number of points earned each year you always pay on time and keep your account otherwise in good standing. The minimum number of points needed to redeem is 5,000. Points may be redeemed for cash in 5,000 points/$50 increments only. Points do not expire. Airline tickets require a $15 ticketing fee. Account must be open and in good standing to earn or redeem points. See Unlimited Rewards with WhyWait Points Program Rules for additional important information, benefits and limitations.

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