- There is no limit to the amount of Cash Back rewards that can be
earned. Cash Back rewards earned for the current month are shown on
account billing statements.
- Cash Back rewards are earned on Net Purchases only, which means
purchases of goods and services made for business purposes with the
Advanta BusinessCard by the Signing Individual or any authorized user
of the account, net of any returns and credits. Net Purchases does not
include, and rewards are not earned on, cash advances, balance
transfers, convenience checks, fees, finance charges, adjustments, or
any other transactions or charges.
- Cash Back rewards are paid by check (to the order of the Signing
Individual) and are generated and mailed following any billing cycle
in which unpaid earned rewards reach $50. Rewards are not available in
the form of reductions in the amount of any account payments due.
- Cash Back rewards are earned based on your annual level of Net
Purchases, excluding Bonus Qualifying purchases, as follows: .25% on
up to $3,000 in purchases; .50% on purchases between $3,000.01 and
$5,000; .75% on purchases between $5,000.01 and $15,000; and 1% on
purchases in excess of $15,000.
- Cash Back rewards are also earned on Bonus Qualifying purchases, which
include purchases in the following categories: "gasoline and diesel
fuel," "computers, computer supplies, electronics and office
supplies," "online advertising services," and "utilities and
telecommunications." Cash Back rewards on Bonus Qualifying purchases
are earned as follows: 5% on up to $1,200 in annual purchases; 1% on
purchases in excess of $1,200.
- Bonus Qualifying purchases are Net Purchases that 1) are made at
retail establishments which for "gasoline and diesel fuel" are
classified as gas stations that process the transactions as fuel
purchases; for "computers, computer supplies, electronics and office
supplies" are classified as computer, computer peripheral equipment
and software distributors, electronics stores, computer software
stores, or office supply stores; for "online advertising services" are
classified as pay-per-click online advertising service providers and
web hosting providers; for "utilities and telecommunications" are
classified as utility or computer network service providers; and 2)
are communicated by merchants to Advanta using appropriate merchant
category and transaction codes. Important Note: Mail, telephone,
catalog, some Internet purchases, and purchases made indirectly
through intermediaries, may not qualify; merchants may classify these
transactions differently.
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