Kiva Business Credit Card Review

In this article, we will discuss why this subject is so important and how you can benefit from this information.

Kiva is a nonprofit organization that has revolutionized the idea of micro lending. Now, it has connected hands with Advanta Bank Corp. to offer a exclusive credit card to small businesses that gives back to the area.

Kiva business credit card is one of the few cards intended specifically for community entrepreneurs. With Kiva business credit card the cardholders have the ability to present grants to entrepreneurs in the developing countries. These grants are handled through the Kiva foundation. While there is no contract that you will get your money back, the payback rate has been very high as Kiva factory with trustworthy entrepreneurs.

Advanta does its part to push cardholders to contribute to the Kiva B4B project. When cardholders use their Kiva business credit card to make grants through Kiva.org to business owners in the developing world, Advanta will bout their grants, up to a maximum of $200 per month per account in whole.

What an exciting way to begin this article, now let๏ฟฝs take a look at what else we can learn about this topic!

Like any other Advanta credit card, Kiva business credit card comes with a deep set of rewards. There is no yearly fee for Kiva business card. In addition, the cardholders are secluded by Advanta's $0 fraud liability train.

The card comes with 0% APR on balance moves for 15 month and a low 7.99% APR thereafter. In addition, you get 5% record credit on qualifying purchases (counting grants to the Kiva foundation).

Unfortunately, Advanta puts a cap on the amount of grant they are eager to bout. Advanta boutes up to a maximum of $200 per month per account. In addition, you only receive 5% cash back on your first $1200 in expenses each year. After that your cash back rate will release to 1%. lastly, there is no contract that you will get your money back if you choose to contribute to Kiva B4B project with your Kiva business credit card.

The Kiva business credit card is not for each. While the card comes with low APR on balance move and purchases and no yearly fee, it is somewhat maximumed in the rewards department. The Kiva business credit card is specifically intended for community entrepreneurs and business individuals who are eager to give back to their area lacking pregnant any rewards. There are thousands of entrepreneurs in the developing countries who can achieve their dreams with the minimum grants. If you are a business owner who's determined to help others follow in their businesses, the Kiva business credit card may be right for you.

It is little things, such as this, that may aid you in your search. So, sit down and decide which avenue would be best for you to take.

Learn More:Author: Jeff Raford
http://jeffraford-financecredit.blogspot.com/