Advanta Bank Review
Posted by Best Bank Rates under [ Bank Reviews ] on May 27, 2006Website
https://vault.advantabankcorp.com
Phone Number
(800) 788-2632
8:30AM – 5PM Mon – Fri
Address
11850 Election Rd
Draper, UT 84020
Minimum Balance
Money Market/Savings: $2,500
CDs: $10,000
Interest
Compounded Daily
ATM Withdrawal Fees
Three withdrawals per month at no charge.
Other Bank Fees
Returned Checks: $25.00
Uncollected Funds: $5.00
Deposited Check Returned: $5.00
Stop Payment Requests: $10.00
Copy of Check: $5.00
Copy of Deposit or Statement: $5.00
Outgoing Wire Transfers (per wire in excess of 3 per statement cycle): $15.00
Monthly Service Charge (if average daily balance* falls below $100): $15.00
Account Research (per hour): $15.00
Excessive Transaction Fee** (per transaction): $15.00
Inactive Account (no deposits or withdrawals have been made to your account in a two year period): $5.00
Description
Headquartered in Draper, Utah, ABC is a subsidiary of Advanta Corp., a publicly-held financial services holding company. ABC is a Utah industrial bank regulated by the Utah Department of Financial Institutions. ABC is one of the nation’s largest issuers of MasterCard® business-purpose credit cards to small businesses and business professionals, and as of June 30, 2006 held $1.02 billion in owned assets. ABC is a member of the Federal Deposit Insurance Corporation (FDIC) and its deposits are FDIC insured up to $100,000 per depositor.

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One Comment on “Advanta Bank Review”
Advanta Bank – They raised my interest rate to 37.99% without provocation or notice. Their account reps were rude, and their business practices are abhorent. I noticed their stock is down to $0.35 today. I can’t wait until it hits zero! I’m having a celebration on that long awaited day!