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Platinum Business FreedomPass(SM) Credit Card
This credit card is Issued by American Express.
This card received a rating of 4.00 out of 5.00 |
| Basic Credit Card Information |
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| Introductory Rate: |
0% APR for 12 Months |
| Time Period: |
12 months |
| Rate Applied To: |
Purchases |
| Additional Details: |
A 7.99% introductory rate is available on balance transfers for the life of the loan if a transfer is submitted during the first six months. |
| Regular APR: |
As low as Prime + 3.99% |
| Variable or Fixed: |
Variable |
| Annual Fee: |
$0 |
| Annual Fee Details: |
None |
| Application Fee: |
n/app |
| Participation Fee: |
n/app |
| Reload Fee: |
n/app |
| Inactive Fee: |
n/app |
| Total First Year Fees: |
n/app |
| Type Of Rewards: |
Point |
| Be sure to read the card's Terms and
Conditions before applying! |
| Credit Card Review |
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The Platinum Business FreedomPass(SM) Credit Card is designed for those with very good credit and who plan to take advantage of the reward program. Cardholders have access to the reward program with no additional fee. Through the reward program, cardholders earn one point for each dollar spent on all purchases. Plus, cardholders will receive 5,000 bonus points after their first purchase. Points can be redeemed for discounts on purchases at airlines, hotels, car rentals, cruise lines, travel agencies, tour operators, and on-line travel sites. Once the eligible purchase appears on the monthly statement, the cardholder may request the discount redemption to be applied. Points can only be redeemed toward one purchase at a time in 7,500 increments, which is equal to a credit of up to $100. Points never expire, and there is no limit to the amount of points that can be redeemed per eligible purchase; however, they must be redeemed in a single request.The card has no annual fee and a reasonable interest rate for purchases and balance transfers. Cardholders can also take advantage of the 0% introductory rate on purchases for the first twelve months and the reasonable 7.99% introductory rate on balance transfers for the life of the loan on balance transfers submitted during the first six months.As with all business credit cards issued by American Express®, cardholders will be able to take advantage of various additional services and benefits. Some of the benefits include up to $100,000 in travel accident insurance, auto rental insurance, and special discounts from select retailers. It is important to review the disclosures for participating merchant discounts, as restrictions and limitations do apply for the discounts.Therefore, those who plan to take advantage of the introductory rates and would like to participate in the reward program to earn discounts on eligible purchases will benefit most from what the Platinum Business FreedomPass(SM) Credit Card has to offer.
This review was updated 2008-06-18T00:00:00.0000000-07:00
| Reward Program Information |
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| Type Of Rewards: |
Point |
| Reward Program Optional: |
No |
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Optional programs may have a fee. See Terms and
Conditions for details. |
| For Cards with Cash Back Incentives |
| Lowest Possible Rebate: |
n/app |
| Highest Possible Rebate: |
n/app |
| Additional Rebates: |
n/app |
| Rebate Details: |
n/app |
| For Cards with Point Incentives |
| Points Per Dollar Spent: |
1 Point |
| Additional Points: |
None |
| Point Details: |
Points can be redeemed for purchases at airlines, hotels, car rentals, cruise lines, travel agencies, tour operators, and on-line travel sites. Once the eligible purchase appears on the monthly statement, the cardholder may request the discount redemption to be applied. Points can only be redeemed toward a purchase in 7,500 increments, which is equal to a credit of up to $100, and they must be redeemed in a single request. |
| For Cards with Airline Incentives |
| Miles Per Dollar Spent: |
n/app |
| Additional Miles: |
n/app |
| Program Details: |
n/app |
Rewards Expiration Period: None
Annual Limit: None
| Additional Credit Card Perks |
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Various Internet account related services.
Access to OPEN: The Small Business Network services.
Discounts on products and services at participating merchants and retailers.
Extended warranty for purchases.
Lost luggage insurance.
Auto rental insurance.
Purchase protection.
Year-end financial statement.
Up to $100,000 in travel accident insurance.
Emergency card replacement.
Emergency check-in service.
See website for additional benefits.
Special Notations about the Platinum Business FreedomPass(SM) Credit Card
The APR for purchases and balance transfers varies according to the applicant's credit history and will be 3.99%, 5.99%, 7.99% or 9.99% + Prime Rate.
See website for complete terms and conditions of card usage and application disclosure.
Always read the credit card's Terms and
Conditions before applying!
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