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Review of the Chase Visa Platinum Business Card

The Chase Visa Platinum Business Card was last reviewed on 11th January 2008

chase visa platinum business card
Summary - The Chase Visa Platinum Business Card is a no-frills business credit card designed for the small business owner. You get a 0% apr on both purchases and balance transfers for 12 months and potentially a low apr. Find out more about this card.

Fees - There is no annual fee for this card. You get an introductory 0% apr on balance transfers and purchases for 12 months. The apr is either prime rate plus 3.99%, 7.99% or 14.99%. The 2-cycle average daily balance method is used to calculate monthly balances.

Other Card Benefits - The Chase Visa Platinum Business Card offers the following benefits.

  • Purchase Security and Extended Protection
  • Auto Rental Collision Damage Waiver
  • Travel and Emergency Assistance
  • Zero Liability On Unauthorized Purchases
  • .

    Verdict - The Chase Visa Platinum Business Card will appeal to the small business owner who is looking for a basic no-frills credit card to charge his or her business expense. Those looking to transfer a balance or need some credit start-up expenses will find the 0% apr offer attractive.

    Positives
  • No annual fee
  • 0% apr for 12 months



  • Chase Visa Platinum Business Card
    Cost/Fees/Interest rates
    Introductory rate 0% fixed APR for 12 billing cycles (purchases and balance transfers)
    Annual Fees No annual fee
    Purchase APR Prime Rate plus 3.99%, 7.99% or 14.99%
    Balance Transfer APR Prime Rate plus 3.99%, 7.99% or 14.99%
    Cash Advance APR Prime rate plus 15.99%
    Penalty/Default Rate Prime Rate plus up to 23.99%
    Min Finance Charge $1.00
    Grace Period 20 days
    Balance Calculation Method Average Daily Balance (including new purchases)
    Balance Transfer Fee 3% min $5.00 max $75.00
    Cash Advance fee 3% min $10.00
    Foreign Currency Conversion fee 3%
    Over-the-credit-limit fee $39.00
    Late Payment fee $15.00 on balances up to, but not including, $100.00;
    $29.00 on balances of $100.00 up to, but not including, $250.00;
    $39.00 on balances of $250.00 and over.


    Apply for the Chase Visa Platinum Business Card










     
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