What to Do When You Can’t Pay Your Advanta Credit Card Bill
When the financial crisis hit the United States, banks and financial institutions were not immune. One casualty was Advanta Bank Corporation. The Federal Deposit Insurance Corporation took over day-to-day operations of Advanta Bank Corporation. Although the bank is controlled by the FDIC, customers and small business owners can still use your Advanta credit card for regular purchases.
How to Pay the Bill
Customers that still use the Advanta credit card can pay your monthly bill in the following ways:
Pay online: Customers can log into your Advanta credit card account and pay your bill online by visiting https://www.advantabankcorp.com/. You will not be charged any additional convenience fees for using the online bill payment option.
Pay by phone: Call customer service at 1-800-705-7255 to make a bill payment by phone. The company did not disclose an additional service fees associated with phone bill payments.
Pay by mail: Customers can send your bill payment to the following locations:
Advanta Credit Card
P.O. Box 31032
Tampa, FL 33631-3032
Advanta Credit Card
P.O. Box 9217
Old Bethpage, NY 11804-9217
Automatic draft: You can schedule your monthly bill payment directly from your bank account by signing up for automatic draft. You will not incur convenience fees when utilizing this service.
Questions About Your Billing Statement or Account?
When a financial institution closes down, customers have several questions, especially if your Advanta Credit Card payment is still due on a monthly basis. In the event you have questions and concerns regarding your account, you should visit the Advanta Credit Card Terms and Conditions page. You should also contact customer service at 1-800-705-7255 for additional information.
How the Penalty Fees Work
The fees assessed to your account include:
- Membership fees – $0 to $450
- Late payment – 2.9% of the past due balance or $29
- Returned payment – $35
I Can’t Make a Payment
When customers can’t pay your Advanta Credit Card bill, you are faced with limited resources, especially due to Advanta Bank Corporation shutting down. We recommend contacting a customer service representative and ask about payment options. Customer service can be reached at 1-800-705-7255. Since the Advanta Credit Card is still in operation for business customers, you can benefit from the following options:
- Extended due date – Change the due date of your payment. You have the ability to change the due date up to 25 days past the due date.
- Payment arrangements – A customer service representative can place your past due balance on a payment plan. The details were not available, but a representative is available to help.
Will They Work With Me to Pay My Bill?
Although the facility shut down, the credit card operations are still intact. When faced with a financial hardship, did the company help you or simply refer you to another organization or a credit counseling service? When a bank closes its doors, there is confusion, so we want to hear your thoughts.