Advanta, proprietors of super low-rate credit cards specifically marketed to small business owners, recently introduced the Kiva BusinessCard, a 7.99% APR credit card that will match users’ grants to Kiva, the Web’s first person-to-person micro-lending site.

For non-Kiva users, the Advanta Kiva BusinessCard is just another business credit card with good terms, like a 0% APR on balance transfers and 1% cash back (in the no-B.S. form of a statement credit). Once you get involved with Kiva, however, this card helps your charity go further.

Kiva finances entrepreneurs in developing countries with small loans (usually $1,000 or less) to buy a used taxi, a sewing machine, or lease a restaurant. When you lend through Kiva, you give people the money they need to succeed, and you get your principal returned. (Interest paid on the loans support operational costs).

The Advanta Kiva BusinessCard will match all Kiva grants you make using the card up to $200 each month. Plus, you’ll earn 5% cash back as a statement credit for all Kiva grants you make with the card.

Update (12/29/08): Unfortunately, Advanta, like many credit card issuers, has temporarily limited new card applications due to the economic situation, and the Advanta Kiva BusinessCard isn’t currently available. For both business owners and non-business owning professionals attracted to Advanta cards’ low regular APR, 0% balance transfers, and no-present spending limit, I currently recommend the Capital One® No Hassle MilesSM Ultra - For Professionals card.

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