Advanta Introduces WhyWait Points Program

creditblogger — Wed, 08 Oct 2008 17:49:01 +0000

Advanta has introduced the WhyWait Point reward program. The WhyWait program is an incentive for small business owners to sign up and activate their Advanta world mastercard. Here is how the program works:

WHYWAIT POINTS:
When you activate your account, you will be advanced between 25,000 and 200,000 WhyWait PointsSM depending on the credit line you are assigned. WhyWait Points can be redeemed just like points you earn, by themselves, or in combination with points you’ve already earned. So long as you keep your account in good standing and actively utilize your account, you
will have 15 months from the date of redemption to earn any WhyWait Points you redeem. By redeeming WhyWait Points you agree that Advanta may charge the Acco
unt 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.

So if you are planning to apply for the Advanta World card, don’t forget to ask for this feature too.

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Advanta Introduces WhyWait Points Program