<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
September 18, 1996
ADVANTA CREDIT CARD MASTER TRUST II
(Exact name of Registrant as specified in its charter)
New York Reg. No. 333-05433 Not Required
(State or other (Commission File (I.R.S. Employer
jurisdiction Number) Identification
of incorporation) Number)
Advanta National Bank USA
Attention: Gene S. Schneyer
Brandywine Corporate Center
650 Naamans Road, Claymont, Delaware 19703
(Address of Owner/Servicer)
(Address of principal executive offices)
(302)791-4400 (Telephone Number of Owner/Servicer)
(Registrant's Telephone Number)
Advanta National Bank
501 Carr Road
Wilmington Delaware 19809
(302) 791-4400
<PAGE> 2
Items 1-4. Inapplicable.
Item 5. Other Events.
Information relating to the distributions to Certificateholders for the August
1996 Monthly Period of the Trust in respect of the following Floating Rate Asset
Backed Certificates: Series 1994-B, Series 1994-D, Series 1995-A, Series 1995-C,
Series 1995-D, Series 1995-F, of which Class A-1 is a Fixed Rate, Series 1995-G,
Series 1996-A, of which Class A-1 is a Fixed Rate, Series 1996-B, Series 1996-C,
and Series 1996-D (the "Certificates") issued by the Registrants and to the
performance of the Trust (including collections of Principal Receivables and
Finance Charge Receivables, Principal Receivables in the Trust, delinquent
balances in Accounts, the Investor Default Amounts, the amount of Investor
Charge Offs, and the Investor Servicing Fees), together with certain other
information relating to the Certificates, is contained in the Monthly Report for
the Monthly Period provided to Certificateholders pursuant to the Pooling and
Servicing Agreement (the "Agreement") dated as of December 1, 1993 as amended,
between Advanta National Bank USA and Bankers Trust Company, as trustee.
Capitalized terms not otherwise defined herein have the meanings assigned in the
Agreement.
In August 1996, the Owner/Servicer adopted a new charge-off methodology related
to bankrupt credit card accounts. Under the previous methodology, when the
Owner/Servicer received notification that a credit cardholder had filed a
bankruptcy petition, the account was written off within 30 days of notification.
Under the new methodology, the Owner/Servicer utilizes an investigative period
of up to 90 days from the date of such notification. The receivable, if not
paid during such investigative period, will be charged off unless the
investigation shows that the cardholder's obligation to the Owner/Servicer
should not be discharged as the result of the bankruptcy proceeding. In no
event will the receivable be charged off at later than 186 days contractual
delinquency. As the result of this new methodology, charge-offs of receivables
held by the Trust were lower in August 1996 than they would have been under the
previous methodology and, conversely, delinquent Receivables were higher by a
like amount.
Item 6. Inapplicable.
Item 7. Financial Statements,
Pro Forma Financial Information and Exhibits.
1. Monthly Reports for the August 1996 Monthly Period relating to the
following Floating Rate Asset Backed Certificates: Series 1994-B,
Series 1994-D, Series 1995-A, Series 1995-C, Series 1995-D, Series
1995-F, of which Class A-1 is a Fixed Rate, Series 1995-G, Series
1996-A, of which Class A-1 is a Fixed Rate, Series 1996-B, Series
1996-C and Series 1996-D issued by the Advanta Credit Card Master
Trust II.
<PAGE> 3
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
ADVANTA CREDIT CARD MASTER TRUST II
(Registrant)
BY: ADVANTA NATIONAL BANK USA
(Owner/Servicer)
Date: September 18, 1996 By: /s/Michael Coco
--------------------
Name: Michael Coco
Title: Vice President
<PAGE> 4
EXHIBIT INDEX
<TABLE>
<CAPTION>
Sequential
Exhibit Page Number
<S> <C>
1. Monthly Reports for the August 1996 Monthly Period relating to the 5
Asset Backed Certificates Series 1994-B, Series 1994-D, Series 1995-A,
Series 1995-C, Series 1995-D, Series 1995-F, Series 1995-G, Series
1996-A, Series 1996-B, Series 1996-C and Series 1996-D issued by the
ADVANTA Credit Card Master Trust II.
</TABLE>
(sec-mtII.doc)
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank USA
---------------------------------------
ADVANTA CREDIT CARD MASTER TRUST II
<PAGE> 1
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank USA
------------------------------------------
Master Trust 11
SERIES 1994-B
- -------------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1994-B
Supplement dated as of July 19, 1994 (the "Supplement") and together with the
Master Agreement between AUS, ANB and the Trustee, AUS, as Servicer, is required
to prepare certain information each month regarding current distributions to all
1994-B Certificateholders. This statement relates to the September 16, 1996
Distribution Date (the "Distribution Date") and the performance of the Advanta
Credit Card Master Trust II (the "Trust") during the prior Monthly Period (the
"Monthly Period"). Certain of the information is presented on the basis of an
original principal amount of $1,000 per Series 1994-B Certificate. Certain
other information is presented based on the aggregate amounts for the Trust as a
whole. All capitalized terms used herein shall have the respective meanings set
forth in the Master Agreement.
<TABLE>
<S> <C> <C>
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.082222
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.304444
3. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
4. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of distribution set forth in paragraph 1 above in respect of interest,
per $1,000 principal principal amount of the Class A Certificate . . . . . . . . . . . . . . . . . . . . . $5.082222
6. The amount of distribution set forth in paragraph 2 above in respect of interest,
per $1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . . $5.304444
</TABLE>
<PAGE> 2
<TABLE>
<S> <C> <C>
7. The aggregate amount of Collections of Receivables processed for the prior Monthly
Period which were allocated in respect of the Series 1994-B Certificates . . . . . . . . . . . . . . $72,626,692.08
8. The aggregate amount of Collections of Principal Receivables processed during the
prior Monthly Period and allocated in respect of the Series 1994-B Certificates . . . . . . . . . . . $62,299,856.82
9. The aggregate amount of Reallocated Principal Collections with respect to the
prior Monthly Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
10. The aggregate amount of Collections of Finance Charge Receivables processed during
the prior Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . $9,083,158.60
11. The aggregate amount of Collections of Finance Charge Receivables processed during
the prior Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . . $417,935
12. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $2,012,776.53
13. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $92,778.43
14. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
15. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
16. The aggregate amount of Class A Investor Charge-offs reimbursed on the Distribution Date is . . . . . . . . . . $0.00
17. The aggregate amount of Class B Investor Charge-offs reimbursed on the Distribution Date is . . . . . . . . . . $0.00
18. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . $1,100,000.00
19. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $50,000.00
20. The Class A Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
21. The Class B Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
</TABLE>
<PAGE> 3
<TABLE>
<S> <C> <C>
22. The Class A Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $660,000,000.00
23. The Class A Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $660,000,000.00
24. The Class B Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $30,000,000.00
25. The Class B Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $30,000,000.00
26. The amount, if any, by which the outstanding principal balance of the Class A Certificates
exceeds the Class A Investor Amount after giving effect to any activity on the Distribution Date is . . . . . . $0.00
27. The amount, if any, by which the outstanding principal balance of the Class B Certificates
exceeds the Class B Investor Amount after giving effect to any activity on the Distribution Date is . . . . . . $0.00
28. The Available Cash Collateral Amount as of the close of business on the Distribution Date is . . . . $15,000,000.00
29. The Collateral Investor Amount as of the close of business on the Distribution Date is . . . . . . . $60,000,000.00
30. The Available Enhancement Amount as of the close of business on the Distribution Date . . . . . . . . $75,000,000.00
31. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . . $937,500.00
32. The Deficit Controlled Amortization Amount (after giving effect to any activity on the Distribution Date) is . $0.00
33. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds the Base Rate for
such Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.72%
</TABLE>
Advanta National Bank USA
(formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
--------------------------
Michael Coco
Vice President
<PAGE> 4
Series 1994-B daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
<S> <C> <C> <C>
08/01 - 08/31 1994-B 8.88% 8.88%
</TABLE>
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
<TABLE>
<CAPTION>
AGGREGATE ACCOUNT BALANCE
<S> <C> <C>
(a) 30-59 days: . . . . . . . . . . . . . . . . . . $117,544,877.01
(b) 60-89 days: . . . . . . . . . . . . . . . . . . $61,202,523.14
(c) 90-119 days: . . . . . . . . . . . . . . . . . . $42,069,086.20
(d) 120-149 days: . . . . . . . . . . . . . . . . . $32,751,558.58
(e) 150-179 days: . . . . . . . . . . . . . . . . . $23,826,600.36
(f) 180 or more days: . . . . . . . . . . . . . . . $4,875,392.57
</TABLE>
<PAGE> 5
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank USA
---------------------------------------
Master Trust II
SERIES 1994-D
- -------------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1994-D
Supplement dated as of October 11, 1994 (the "Supplement") and together with the
Master Agreement between AUS, ANB and the Trustee, AUS, as Servicer, is required
to prepare certain information each month regarding current distributions to all
1994-D Certificateholders. This statement relates to the September 16, 1996
Distribution Date (the "Distribution Date") and the performance of the Advanta
Credit Card Master Trust II (the "Trust") during the prior Monthly Period (the
"Monthly Period"). Certain of the information is presented on the basis of an
original principal amount of $1,000 per Series 1994-D Certificate. Certain
other information is presented based on the aggregate amounts for the Trust as a
whole. All capitalized terms used herein shall have the respective meanings set
forth in the Master Agreement.
<TABLE>
<S> <C> <C>
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4.975556
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.153333
3. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
4. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of distribution set forth in paragraph 1 above in respect of interest, per
$1,000 principal principal amount of the Class A Certificate . . . . . . . . . . . . . . . . . . . . . . . $4.975556
6. The amount of distribution set forth in paragraph 2 above in respect of interest, per
$1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . . . . $5.153333
</TABLE>
<PAGE> 6
<TABLE>
<S> <C> <C>
7. The aggregate amount of Collections of Receivables processed for the prior Monthly Period
which were allocated in respect of the Series 1994-D Certificates . . . . . . . . . . . . . . . . . . $96,835,589.55
8. The aggregate amount of Collections of Principal Receivables processed during the prior
Monthly Period and allocated in respect of the Series 1994-D Certificates . . . . . . . . . . . . . . $83,066,475.81
9. The aggregate amount of Reallocated Principal Collections with respect to the prior Monthly
Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
10. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . . . . . $11,769,351.18
11. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . . . . . . . $686,430
12. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $2,608,104.80
13. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $152,053.54
14. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
15. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
16. The aggregate amount of Class A Investor Charge-offs reimbursed on the Distribution Date is . . . . . . . . . . $0.00
17. The aggregate amount of Class B Investor Charge-offs reimbursed on the Distribution Date is . . . . . . . . . . $0.00
18. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . $1,425,000.00
19. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $83,333.33
20. The Class A Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
21. The Class B Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
</TABLE>
<PAGE> 7
<TABLE>
<S> <C> <C>
22. The Class A Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $855,000,000.00
23. The Class A Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $855,000,000.00
24. The Class B Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $50,000,000.00
25. The Class B Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $50,000,000.00
26. The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Investor Amount after giving effect to any activity
on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
27. The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Investor Amount after giving effect to any activity
on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
28. The Available Cash Collateral Amount as of the close of business on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10,000,000.00
29. The Collateral Investor Amount as of the close of business on the Distribution Date is . . . . . . . $95,000,000.00
30. The Available Enhancement Amount as of the close of business on the Distribution Date . . . . . . . . $105,000,000.00
31. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . $1,250,000.00
32. The Deficit Controlled Amortization Amount (after giving effect to any activity on the
Distribution Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
33. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds
the Base Rate for such Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.85%
</TABLE>
Advanta National Bank USA
(formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
--------------------------
Michael Coco
Vice President
<PAGE> 8
Series 1994-D daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
08/01 - 08/31 1994-D 11.84% 11.84%
</TABLE>
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
<TABLE>
<CAPTION>
AGGREGATE ACCOUNT BALANCE
<S> <C> <C>
(a) 30-59 days: . . . . . . . . . . . . . . . . . . $117,544,877.01
(b) 60-89 days: . . . . . . . . . . . . . . . . . . $61,202,523.14
(c) 90-119 days: . . . . . . . . . . . . . . . . . . $42,069,086.20
(d) 120-149 days: . . . . . . . . . . . . . . . . . $32,751,558.58
(e) 150-179 days: . . . . . . . . . . . . . . . . . $23,826,600.36
(f) 180 or more days: . . . . . . . . . . . . . . . $4,875,392.57
</TABLE>
<PAGE> 9
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank USA
---------------------------------------
Master Trust II
SERIES 1995-A
- -------------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1995-A
Supplement dated as of January 18, 1995 (the "Supplement") and together with the
Master Agreement between AUS, ANB and the Trustee, AUS, as Servicer, is required
to prepare certain information each month regarding current distributions to all
1995-A Certificateholders. This statement relates to the September 16, 1996
Distribution Date (the "Distribution Date") and the performance of the Advanta
Credit Card Master Trust II (the "Trust") during the prior Monthly Period (the
"Monthly Period"). Certain of the information is presented on the basis of an
original principal amount of $1,000 per Series 1995-A Certificate. Certain
other information is presented based on the aggregate amounts for the Trust as a
whole. All capitalized terms used herein shall have the respective meanings set
forth in the Master Agreement.
<TABLE>
<S> <C> <C>
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4.993333
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.166667
3. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
4. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of distribution set forth in paragraph 1 above in respect of interest, per
$1,000 principal principal amount of the Class A Certificate . . . . . . . . . . . . . . . . . . . . . . . $4.993333
6. The amount of distribution set forth in paragraph 2 above in respect of interest,
per $1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . . $5.166667
</TABLE>
<PAGE> 10
<TABLE>
<S> <C> <C>
7. The aggregate amount of Collections of Receivables processed for the prior Monthly Period
which were allocated in respect of the Series 1995-A Certificates . . . . . . . . . . . . . . . . . . $67,655,136.45
8. The aggregate amount of Collections of Principal Receivables processed during the prior
Monthly Period and allocated in respect of the Series 1995-A Certificates . . . . . . . . . . . . . . $58,160,564.58
9. The aggregate amount of Reallocated Principal Collections with respect to the prior Monthly
Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
10. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . . . . . . $8,119,935.28
11. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . . . . . . . $470,171
12. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $1,827,219.67
13. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $105,664.32
14. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
15. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
16. The aggregate amount of Class A Investor Charge-offs reimbursed on the Distribution Date is . . . . . . . . . . $0.00
17. The aggregate amount of Class B Investor Charge-offs reimbursed on the Distribution Date is . . . . . . . . . . $0.00
18. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $997,500.00
19. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $58,333.33
20. The Class A Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
21. The Class B Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
</TABLE>
<PAGE> 11
<TABLE>
<S> <C> <C>
22. The Class A Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $598,500,000.00
23. The Class A Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $598,500,000.00
24. The Class B Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $35,000,000.00
25. The Class B Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $35,000,000.00
26. The amount, if any, by which the outstanding principal balance of the Class A Certificates
exceeds the Class A Investor Amount after giving effect to any activity on the Distribution Date is . . . . . . $0.00
27. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds
the Class B Investor Amount after giving effect to any activity on the Distribution Date is . . . . . . . . . . $0.00
28. The Available Cash Collateral Amount as of the close of business on the Distribution Date is . . . . . $7,000,000.00
29. The Collateral Investor Amount as of the close of business on the Distribution Date is . . . . . . . $66,500,000.00
30. The Available Enhancement Amount as of the close of business on the Distribution Date . . . . . . . . $73,500,000.00
31. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . . $729,166.66
32. The Deficit Controlled Amortization Amount (after giving effect to any activity on the
Distribution Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
33. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds the
Base Rate for such Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.57%
</TABLE>
<PAGE> 12
<TABLE>
<S> <C> <C>
34. The Net Portfolio Yield for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.61%
35. The Base Rate for the Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.04%
36. The aggregate amount of Principal Receivables as of the last day of the prior
Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,286,411,488.77
37. The Excess Funding Amount as of the last day of the prior Monthly Period is . . . . . . . . . . . . . . . . . . $0.00
38. The aggregate amount of Finance Charge Receivables as of the last day of the prior
Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $92,928,937.88
</TABLE>
Advanta National Bank USA
(formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
--------------------------
Michael Coco
Vice President
<PAGE> 13
Series 1995-A daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
08/01 - 08/31 1995-A 8.29% 8.29%
</TABLE>
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
<TABLE>
<CAPTION>
AGGREGATE ACCOUNT BALANCE
<S> <C> <C>
(a) 30-59 days: . . . . . . . . . . . . . . . . . . $117,544,877.01
(b) 60-89 days: . . . . . . . . . . . . . . . . . . $61,202,523.14
(c) 90-119 days: . . . . . . . . . . . . . . . . . . $42,069,086.20
(d) 120-149 days: . . . . . . . . . . . . . . . . . $32,751,558.58
(e) 150-179 days: . . . . . . . . . . . . . . . . . $23,826,600.36
(f) 180 or more days: . . . . . . . . . . . . . . . $4,875,392.57
</TABLE>
<PAGE> 14
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank USA
-----------------------------------------
Master Trust II
SERIES 1995-C
- -------------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as Trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1995-C
Supplement dated as of April 27, 1995 (the "Supplement") and together with the
Master Agreement between AUS, ANB and the Trustee, AUS, as Servicer, is required
to prepare certain information each month regarding current distributions to all
1995-C Certificateholders. This statement relates to the September 16, 1996
Distribution Date (the "Distribution Date") and the performance of the Advanta
Credit Card Master Trust II (the "Trust") during the prior Monthly Period (the
"Monthly Period"). Certain of the information is presented on the basis of an
original principal amount of $1,000 per Series 1995-C Certificate. Certain
other information is presented based on the aggregate amounts for the Trust as a
whole. All capitalized terms used herein shall have the respective meanings set
forth in the Master Agreement.
<TABLE>
<S> <C> <C>
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $14.694680
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $15.048569
3. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
4. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of distribution set forth in paragraph 1 above in respect of interest, per
$1,000 principal principal amount of the Class A Certificate . . . . . . . . . . . . . . . . . . . . . . $14.694680
6. The amount of distribution set forth in paragraph 2 above in respect of interest, per
$1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . . . $15.048569
</TABLE>
<PAGE> 15
<TABLE>
<S> <C> <C>
7. The aggregate amount of Collections of Receivables processed for the prior Monthly Period which
were allocated in respect of the Series 1995-C Certificates . . . . . . . . . . . . . . . . . . . . . $55,594,049.98
8. The aggregate amount of Collections of Principal Receivables processed during the prior Monthly
Period and allocated in respect of the Series 1995-C Certificates . . . . . . . . . . . . . . . . . . $47,777,255.07
9. The aggregate amount of Reallocated Principal Collections with respect to the prior Monthly
Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
10. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . . . . . $6,645,794.95
11. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . . . . . . . $470,426
12. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $1,492,186.44
13. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $105,664.32
14. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
15. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
16. The aggregate amount of Class A Investor Charge-offs reimbursed on the Distribution Date is . . . . . . . . . . $0.00
17. The aggregate amount of Class B Investor Charge-offs reimbursed on the Distribution Date is . . . . . . . . . . $0.00
18. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $814,583.33
19. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $57,500.00
20. The Class A Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
21. The Class B Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
</TABLE>
<PAGE> 16
<TABLE>
<S> <C> <C>
22. The Class A Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $488,750,000.00
23. The Class A Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $488,750,000.00
24. The Class B Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $34,500,000.00
25. The Class B Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $34,500,000.00
26. The amount, if any, by which the outstanding principal balance of the Class A Certificates
exceeds the Class A Investor Amount after giving effect to any activity on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
27. The amount, if any, by which the outstanding principal balance of the Class B Certificates
exceeds the Class B Investor Amount after giving effect to any activity on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
28. The Available Cash Collateral Amount as of the close of business on the Distribution Date is . . . . . $8,625,000.00
29. The Collateral Investor Amount as of the close of business on the Distribution Date is . . . . . . . $51,750,000.00
30. The Available Enhancement Amount as of the close of business on the Distribution Date . . . . . . . . $60,375,000.00
31. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . . $598,958.33
32. The Deficit Controlled Amortization Amount (after giving effect to any activity on the
Distribution Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
33. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds the
Base Rate for such Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.43%
</TABLE>
<PAGE> 17
<TABLE>
<S> <C> <C>
34. The Net Portfolio Yield for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.65%
35. The Base Rate for the Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.22%
36. The aggregate amount of Principal Receivables as of the last day of the prior
Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,286,411,488.77
37. The Excess Funding Amount as of the last day of the prior Monthly Period is . . . . . . . . . . . . . . . . . . $0.00
38. The aggregate amount of Finance Charge Receivables as of the last day of the prior
Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $92,928,937.88
39. The amount on deposit in the Pre-Funding Account as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
40. The amount on deposit in the Principal Funding Account as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
41. The amount on deposit in the Interest Funding Account as of the close of business on
the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
42. The amount on deposit in the Reserve Account as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
</TABLE>
Advanta National Bank USA
(formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
--------------------------
Michael Coco
Vice President
<PAGE> 18
Series 1995-C daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
<S> <C> <C> <C>
08/01 - 08/31 1995-C 6.81% 6.81%
</TABLE>
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
<TABLE>
<CAPTION>
AGGREGATE ACCOUNT BALANCE
<S> <C> <C>
(a) 30-59 days: . . . . . . . . . . . . . . . . . . $117,544,877.01
(b) 60-89 days: . . . . . . . . . . . . . . . . . . $61,202,523.14
(c) 90-119 days: . . . . . . . . . . . . . . . . . . $42,069,086.20
(d) 120-149 days: . . . . . . . . . . . . . . . . . $32,751,558.58
(e) 150-179 days: . . . . . . . . . . . . . . . . . $23,826,600.36
(f) 180 or more days: . . . . . . . . . . . . . . . $4,875,392.57
</TABLE>
<PAGE> 19
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
------------------------------------------
SERIES 1996-C
- -------------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1996-C
Supplement dated as of May 13, 1996 (the "Supplement") and together with the
Master Agreement between AUS, ANB and the Trustee, AUS, as Servicer, is required
to prepare certain information each month regarding current distributions to all
1996-C Certificateholders. This statement relates to the September 16, 1996
Distribution Date (the "Distribution Date") and the performance of the Advanta
Credit Card Master Trust II (the "Trust") during the prior Monthly Period (the
"Monthly Period"). Certain of the information is presented on the basis of an
original principal amount of $1,000 per Series 1996-C Certificate. Certain
other information is presented based on the aggregate amounts for the Trust as a
whole. All capitalized terms used herein shall have the respective meanings set
forth in the Master Agreement.
<TABLE>
<S> <C> <C>
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $19.839093
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $20.289085
3. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
4. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of distribution set forth in paragraph 1 above in respect of interest,
per $1,000 principal principal amount of the Class A Certificate . . . . . . . . . . . . . . . . . . . . . $19.839093
6. The amount of distribution set forth in paragraph 2 above in respect of interest,
per $1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . . $20.289085
</TABLE>
<PAGE> 20
<TABLE>
<S> <C> <C>
7. The aggregate amount of Collections of Receivables processed for the prior
Monthly Period which were allocated in respect of the Series 1996-C Certificates . . . . . . . . . . . $67,695,128.79
8. The aggregate amount of Collections of Principal Receivables processed during
the prior Monthly Period and allocated in respect of the Series 1996-C Certificates . . . . . . . . . . $58,160,564.53
9. The aggregate amount of Reallocated Principal Collections with respect to the
prior Monthly Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
10. The aggregate amount of Collections of Finance Charge Receivables processed during
the prior Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . $8,246,537.21
11. The aggregate amount of Collections of Finance Charge Receivables processed during
the prior Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . $528,502.98
12. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $1,847,837.10
13. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $118,550.22
14. The Collateral Default Amount for the prior Monthly Period . . . . . . . . . . . . . . . . . . . . . . . $170,093.79
15. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
16. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
17. The aggregate amount of Collateral Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . . . . $0.00
18. The aggregate amount of Class A Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
19. The aggregate amount of Class B Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
20. The aggregate amount of Collateral Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . . . . $0.00
</TABLE>
<PAGE> 21
<TABLE>
<S> <C> <C>
21. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . $252,266.44
22. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . $16,040.06
23. The amount of the Collateral Servicing Fee for the prior Monthly Period is. . . . . . . $23,331.00
24. The Class A Pool Factor as of the Record Date for the Distribution Date is. . . . . . . . $1.00000
25. The Class B Pool Factor as of the Record Date for the Distribution Date is. . . . . . . . $1.00000
26. The Class A Investor Amount after giving effect to any payments on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $605,500,000.00
27. The Class A Invested Amount after giving effect to any payments on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $605,500,000.00
28. The Class B Investor Amount after giving effect to any payments on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $38,500,000.00
29. The Class B Invested Amount after giving effect to any payments on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $38,500,000.00
30. The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Investor Amount after giving effect to any
activity on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
31. The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Investor Amount after giving effect to any
activity on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
32. The Available Cash Collateral Amount as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $14,000,000.00
33. The Collateral Investor Amount as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $56,000,000.00
</TABLE>
<PAGE> 22
<TABLE>
<S> <C> <C>
34. The amount on deposit in the Cash Collateral Account as of the close of business
on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $14,000,000.00
35. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $729,166.67
36. The amount of Servicer Interchange for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . $583,333.34
37. The Deficit Controlled Amortization Amount (after giving effect to any activity
on the Distribution Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
38. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds
the Base Rate for such Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.10%
39. The Net Portfolio Yield for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.68%
40. The Base Rate for the Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.58%
41. The amount on deposit in the Principal Funding Account as of the close of business
on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
42. The amount on deposit in the Interest Funding Account as of the close of business
on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
43. The amount on deposit in the Reserve Account as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
</TABLE>
Advanta National Bank USA (formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
----------------------------------
Michael Coco
Vice President
<PAGE> 23
Series 1996-C daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
08/-1 - 08/31 1996-C 8.29% 8.29%
</TABLE>
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
<TABLE>
<CAPTION>
AGGREGATE ACCOUNT BALANCE
<S> <C> <C>
(a) 30-59 days: . . . . . . . . . . . . . . . $117,544,877.01
(b) 60-89 days: . . . . . . . . . . . . . . . $61,202,523.14
(c) 90-119 days: . . . . . . . . . . . . . . . $42,069,086.20
(d) 120-149 days: . . . . . . . . . . . . . . $32,751,558.58
(e) 150-179 days: . . . . . . . . . . . . . . $23,826,600.36
(f) 180 or more days: . . . . . . . . . . . . $4,875,392.57
</TABLE>
<PAGE> 24
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank USA
------------------------------------------
Master Trust II
SERIES 1995-D
- -------------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1995-D
Supplement dated as of July 25, 1995 (the "Supplement") and together with the
Master Agreement between AUS, ANB and the Trustee, AUS, as Servicer, is required
to prepare certain information each month regarding current distributions to all
1995-D Certificateholders. This statement relates to the September 16, 1996
Distribution Date (the "Distribution Date") and the performance of the Advanta
Credit Card Master Trust II (the "Trust") during the prior Monthly Period (the
"Monthly Period"). Certain of the information is presented on the basis of an
original principal amount of $1,000 per Series 1995-D Certificate. Certain
other information is presented based on the aggregate amounts for the Trust as a
whole. All capitalized terms used herein shall have the respective meanings set
forth in the Master Agreement.
<TABLE>
<S> <C> <C>
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4.988338
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.103893
3. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
4. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of distribution set forth in paragraph 1 above in respect of interest, per
$1,000 principal principal amount of the Class A Certificate . . . . . . . . . . . . . . . . . . . . . . . $4.988338
6. The amount of distribution set forth in paragraph 2 above in respect of interest, per
$1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . . . . $5.103893
</TABLE>
<PAGE> 25
<TABLE>
<S> <C> <C>
7. The aggregate amount of Collections of Receivables processed for the prior Monthly
Period which were allocated in respect of the Series 1995-D Certificates . . . . . . . . . . . . . . $57,944,239.38
8. The aggregate amount of Collections of Principal Receivables processed during the prior
Monthly Period and allocated in respect of the Series 1995-D Certificates . . . . . . . . . . . . . . $49,811,822.48
9. The aggregate amount of Reallocated Principal Collections with respect to the prior
Monthly Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
10. The aggregate amount of Collections of Finance Charge Receivables processed during
the prior Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . $7,730,860.21
11. The aggregate amount of Collections of Finance Charge Receivables processed during
the prior Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . $401,556.69
12. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $1,739,595.59
13. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $90,201.25
14. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
15. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
16. The aggregate amount of Class A Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
17. The aggregate amount of Class B Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
18. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $950,000.00
19. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $50,000.00
20. The Class A Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
21. The Class B Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
</TABLE>
<PAGE> 26
<TABLE>
<S> <C> <C>
22. The Class A Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $570,000,000.00
23. The Class A Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $570,000,000.00
24. The Class A-1 Invested Amount after giving effect to any payments on the Distribution Date is . . . . $519,000,000.00
25. The Class A-2 Invested Amount after giving effect to any payments on the Distribution Date is . . . . $51,000,000.00
25. The Class B Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $30,000,000.00
26. The Class B Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $30,000,000.00
27. The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Investor Amount after giving effect to any
activity on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
28. The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Investor Amount after giving effect to any
activity on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
29. The Available Cash Collateral Amount as of the close of business on the Distribution Date is . . . . $63,000,000.00
29. The amount on deposit in the Cash Collateral Account (including the principal balance of
the Class A-2 Certificates as of the close of business on the Distribution Date . . . . . . . . . . . $63,000,000.00
30. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . $625,000.00
31. The Deficit Controlled Amortization Amount (after giving effect to any activity on
the Distribution Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
32. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds
the Base Rate for such Monthly Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.61%
</TABLE>
Advanta National Bank USA
(formerly named Colonial) as Servicer
By: /s/ MICHAEL COCO
--------------------------
Michael Coco
Vice President
<PAGE> 27
Series 1995-D daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
08/01 - 08/31 1995-D 7.10% 7.10%
</TABLE>
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
<TABLE>
<CAPTION>
AGGREGATE ACCOUNT BALANCE
<S> <C> <C>
(a) 30-59 days: . . . . . . . . . . . . . . . . . . $117,544,877.01
(b) 60-89 days: . . . . . . . . . . . . . . . . . . $61,202,523.14
(c) 90-119 days . . . . . . . . . . . . . . . . . . $42,069,086.20
(d) 120-149 days: . . . . . . . . . . . . . . . . . $32,751,558.58
(e) 150-179 days: . . . . . . . . . . . . . . . . . $23,826,600.36
(f) 180 or more days: . . . . . . . . . . . . . . . $4,875,392.57
</TABLE>
<PAGE> 28
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
-----------------------------------------
SERIES 1995-F
- -------------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1995-F
Supplement dated as of November 21, 1995 (the "Supplement") and together with
the Master Agreement between AUS, ANB and the Trustee, AUS, as Servicer, is
required to prepare certain information each month regarding current
distributions to all 1995-F Certificateholders. This statement relates to the
September 16, 1996 Distribution Date (the "Distribution Date") and the
performance of the Advanta Credit Card Master Trust II (the "Trust") during the
prior Monthly Period (the "Monthly Period"). Certain of the information is
presented on the basis of an original principal amount of $1,000 per Series
1995-F Certificate. Certain other information is presented based on the
aggregate amounts for the Trust as a whole. All capitalized terms used herein
shall have the respective meanings set forth in the Master Agreement.
<TABLE>
<S> <C> <C>
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A-1 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.041667
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A-2 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4.988338
3. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.086116
4. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A-1 Certificates . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A-2 Certificates . . . . . . . . . . . . . . . . . . . . $0.000000
6. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
</TABLE>
<PAGE> 29
<TABLE>
<S> <C> <C>
7. The amount of distribution set forth in paragraph 1 above in respect of interest, per
$1,000 principal principal amount of the Class A-1 Certificate . . . . . . . . . . . . . . . . . . . . . . $5.041667
8. The amount of distribution set forth in paragraph 1 above in respect of interest, per
$1,000 principal principal amount of the Class A-2 Certificate . . . . . . . . . . . . . . . . . . . . . . $4.988338
9. The amount of distribution set forth in paragraph 2 above in respect of interest, per
$1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . . . . $5.086116
10. The aggregate amount of Collections of Receivables processed for the prior Monthly
Period which were allocated in respect of the Series 1995-F Certificates . . . . . . . . . . . . . . $82,101,053.55
11. The aggregate amount of Collections of Principal Receivables processed during the
prior Monthly Period and allocated in respect of the Series 1995-F Certificates . . . . . . . . . . . $70,578,441.43
12. The aggregate amount of Reallocated Principal Collections with respect to the prior
Monthly Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
13. The aggregate amount of Collections of Finance Charge Receivables processed during
the prior Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . $10,261,809.44
14. The aggregate amount of Collections of Finance Charge Receivables processed during
the prior Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . $596,682.58
15. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $2,309,152.08
16. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $134,013.29
17. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
18. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
19. The aggregate amount of Class A Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
20. The aggregate amount of Class B Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
</TABLE>
<PAGE> 30
<TABLE>
<S> <C> <C>
21. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . $1,260,833.33
22. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $74,375.00
23. The Class A Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
24. The Class B Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
25. The Class A-1 Investor Amount after giving effect to any payments on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $378,250,000.00
26. The Class A-2 Investor Amount after giving effect to any payments on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $378,250,000.00
27. The Class A-1 Invested Amount after giving effect to any payments on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $378,250,000.00
28. The Class A-2 Invested Amount after giving effect to any payments on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $378,250,000.00
29. The Class B Investor Amount after giving effect to any payments on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $44,625,000.00
30. The Class B Invested Amount after giving effect to any payments on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $44,625,000.00
31. The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Investor Amount after giving effect to any
activity on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
32. The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Investor Amount after giving effect to any
activity on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
33. The Available Cash Collateral Amount as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $17,000,000.00
34. The Collateral Investor Amount as of the close of business on the Distribution Date is . . . . . . . $48,875,000.00
</TABLE>
<PAGE> 31
<TABLE>
<S> <C> <C>
35. The amount on deposit in the Cash Collateral Account as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $17,000,000.00
36. The Available Enhancement Amount as of the close of business on the Distribution Date is . . . . . . $65,875,000.00
37. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . . $885,416.68
38. The amount of Servicer Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . $708,333.34
39. The Deficit Controlled Amortization Amount (after giving effect to any activity on the
Distribution Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
40. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds the
Base Rate for such Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.57%
41. The Net Portfolio Yield for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.61%
42. The Base Rate for the Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.04%
43. The aggregate amount of Principal Receivables as of the last day of the prior
Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $8,286,411,488.77
44. The Excess Funding Amount as of the last day of the prior Monthly Period is . . . . . . . . . . . . . . . . . . $0.00
45. The aggregate amount of Finance Charge Receivables as of the last day of the prior
Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $92,928,937.88
</TABLE>
Advanta National Bank USA
(formerly named Colonial) as Servicer
By: /s/ MICHAEL COCO
--------------------------
Michael Coco
Vice President
<PAGE> 32
Series 1995-F daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
08/01 - 08/31 1995-F 10.06% 10.06%
</TABLE>
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
<TABLE>
<CAPTION>
AGGREGATE ACCOUNT BALANCE
<S> <C> <C>
(a) 30-59 days: . . . . . . . . . . . . . . . . . . $117,544,877.01
(b) 60-89 days: . . . . . . . . . . . . . . . . . . $61,202,523.14
(c) 90-119 days: . . . . . . . . . . . . . . . . . . $42,069,086.20
(d) 120-149 days: . . . . . . . . . . . . . . . . . $32,751,558.58
(e) 150-179 days: . . . . . . . . . . . . . . . . . $23,826,600.36
(f) 180 or more days: . . . . . . . . . . . . . . . $4,875,392.57
</TABLE>
<PAGE> 33
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
--------------------------------------------
SERIES 1995-G
- -------------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1995-G
Supplement dated as of December 15, 1995 (the "Supplement") and together with
the Master Agreement between AUS, ANB and the Trustee, AUS, as Servicer, is
required to prepare certain information each month regarding current
distributions to all 1995-G Certificateholders. This statement relates to the
September 16, 1996 Distribution Date (the "Distribution Date") and the
performance of the Advanta Credit Card Master Trust II (the "Trust") during the
prior Monthly Period (the "Monthly Period"). Certain of the information is
presented on the basis of an original principal amount of $1,000 per Series
1995-G Certificate. Certain other information is presented based on the
aggregate amounts for the Trust as a whole. All capitalized terms used herein
shall have the respective meanings set forth in the Master Agreement.
<TABLE>
<S> <C> <C>
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4.943893
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.077227
3. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
4. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of distribution set forth in paragraph 1 above in respect of interest,
per $1,000 principal principal amount of the Class A Certificate . . . . . . . . . . . . . . . . . . . . . $4.943893
6. The amount of distribution set forth in paragraph 2 above in respect of interest, per
$1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . . . . $5.077227
</TABLE>
<PAGE> 34
<TABLE>
<S> <C> <C>
7. The aggregate amount of Collections of Receivables processed for the prior Monthly Period
which were allocated in respect of the Series 1995-G Certificates . . . . . . . . . . . . . . . . . . $48,313,628.09
8. The aggregate amount of Collections of Principal Receivables processed during the prior
Monthly Period and allocated in respect of the Series 1995-G Certificates . . . . . . . . . . . . . . $41,533,237.86
9. The aggregate amount of Reallocated Principal Collections with respect to the prior
Monthly Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
10. The aggregate amount of Collections of Finance Charge Receivables processed during the
prior Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . . . $5,864,227.26
11. The aggregate amount of Collections of Finance Charge Receivables processed during
the prior Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . $377,377.91
12. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $1,319,515.47
13. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $85,046.90
14. The Collateral Default Amount for the prior Monthly Period . . . . . . . . . . . . . . . . . . . . . . . $121,127.40
15. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
16. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
17. The aggregate amount of Collateral Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . . . . $0.00
18. The aggregate amount of Class A Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
19. The aggregate amount of Class B Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
20. The aggregate amount of Collateral Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . . . . $0.00
</TABLE>
<PAGE> 35
<TABLE>
<S> <C> <C>
21. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $360,416.66
22. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $22,916.66
23. The amount of the Collateral Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . $66,666.67
24. The Class A Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
25. The Class B Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
26. The Class A Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $432,500,000.00
27. The Class A Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $432,500,000.00
28. The Class B Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $27,500,000.00
29. The Class B Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $27,500,000.00
30. The amount, if any, by which the outstanding principal balance of the Class A Certificates
exceeds the Class A Investor Amount after giving effect to any activity on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
31. The amount, if any, by which the outstanding principal balance of the Class B Certificates
exceeds the Class B Investor Amount after giving effect to any activity on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
32. The Available Cash Collateral Amount as of the close of business on the Distribution Date is . . . . $10,000,000.00
33. The Collateral Investor Amount as of the close of business on the Distribution Date is . . . . . . . $40,000,000.00
</TABLE>
<PAGE> 36
<TABLE>
<S> <C> <C>
34. The amount on deposit in the Cash Collateral Account as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10,000,000.00
35. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . . $520,833.33
36. The amount of Servicer Interchange for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $416,666.66
37. The Deficit Controlled Amortization Amount (after giving effect to any activity on the
Distribution Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
38. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds
the Base Rate for such Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.64%
39. The Net Portfolio Yield for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.61%
40. The Base Rate for the Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.97%
</TABLE>
Advanta National Bank USA
(formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
--------------------------
Michael Coco
Vice President
<PAGE> 37
Series 1995-G daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
08/01 - 08/31 1995-G 5.92% 5.92%
</TABLE>
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
<TABLE>
<CAPTION>
AGGREGATE ACCOUNT BALANCE
<S> <C> <C>
(a) 30-59 days: . . . . . . . . . . . . . . . . . . $117,544,877.01
(b) 60-89 days: . . . . . . . . . . . . . . . . . . $61,202,523.14
(c) 90-119 days: . . . . . . . . . . . . . . . . . . $42,069,086.20
(d) 120-149 days: . . . . . . . . . . . . . . . . . $32,751,558.58
(e) 150-179 days: . . . . . . . . . . . . . . . . . $23,826,600.36
(f) 180 or more days: . . . . . . . . . . . . . . . $4,875,392.57
</TABLE>
<PAGE> 38
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
-------------------------------------------
SERIES 1996-A
- -------------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1996-A
Supplement dated as of January 18, 1996 (the "Supplement") and together with the
Master Agreement between AUS, ANB and the Trustee, AUS, as Servicer, is required
to prepare certain information each month regarding current distributions to all
1996-A Certificateholders. This statement relates to the September 16, 1996
Distribution Date (the "Distribution Date") and the performance of the Advanta
Credit Card Master Trust II (the "Trust") during the prior Monthly Period (the
"Monthly Period"). Certain of the information is presented on the basis of an
original principal amount of $1,000 per Series 1996-A Certificate. Certain
other information is presented based on the aggregate amounts for the Trust as a
whole. All capitalized terms used herein shall have the respective meanings set
forth in the Master Agreement.
<TABLE>
<S> <C> <C>
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A-1 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.000000
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A-2 Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.023893
3. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.130560
4. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A-1 Certificates . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A-2 Certificates . . . . . . . . . . . . . . . . . . . . $0.000000
6. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
</TABLE>
<PAGE> 39
<TABLE>
<S> <C> <C>
7. The amount of distribution set forth in paragraph 1 above in respect of interest, per
$1,000 principal principal amount of the Class A-1 Certificate . . . . . . . . . . . . . . . . . . . . . . $5.000000
8. The amount of distribution set forth in paragraph 1 above in respect of interest, per
$1,000 principal principal amount of the Class A-2 Certificate . . . . . . . . . . . . . . . . . . . . . . $5.023893
9. The amount of distribution set forth in paragraph 2 above in respect of interest, per
$1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . . . . $5.130560
10. The aggregate amount of Collections of Receivables processed for the prior Monthly
Period which were allocated in respect of the Series 1996-A Certificates . . . . . . . . . . . . . . $48,313,628.13
11. The aggregate amount of Collections of Principal Receivables processed during the prior
Monthly Period and allocated in respect of the Series 1996-A Certificates . . . . . . . . . . . . . . $41,533,237.90
12. The aggregate amount of Reallocated Principal Collections with respect to the prior
Monthly Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
13. The aggregate amount of Collections of Finance Charge Receivables processed during the
prior Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . . . $5,967,148.52
14. The aggregate amount of Collections of Finance Charge Receivables processed during the
prior Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . . . $355,160.25
15. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $1,342,710.08
16. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $79,892.54
17. The Collateral Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . $103,087.15
18. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
19. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
20. The aggregate amount of Collateral Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . . . . $0.00
21. The aggregate amount of Class A Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
22. The aggregate amount of Class B Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
</TABLE>
<PAGE> 40
<TABLE>
<S> <C> <C>
23. The aggregate amount of Collateral Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . . . . $0.00
24. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $183,333.33
25. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $10,937.50
26. The amount of the Collateral Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . $14,062.50
27. The Class A Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
28. The Class B Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
29. The Class A-1 Investor Amount after giving effect to any payments on the Distribution Date is . . . . $220,000,000.00
30. The Class A-2 Investor Amount after giving effect to any payments on the Distribution Date is . . . . $220,000,000.00
31. The Class A-1 Invested Amount after giving effect to any payments on the Distribution Date is . . . . $220,000,000.00
32. The Class A-2 Invested Amount after giving effect to any payments on the Distribution Date is . . . . $220,000,000.00
33. The Class B Investor Amount after giving effect to any payments on the Distribution Date is . . . . . $26,250,000.00
34. The Class B Invested Amount after giving effect to any payments on the Distribution Date is . . . . . $26,250,000.00
35. The amount, if any, by which the outstanding principal balance of the Class A
Certificates exceeds the Class A Investor Amount after giving effect to any
activity on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
36. The amount, if any, by which the outstanding principal balance of the Class B
Certificates exceeds the Class B Investor Amount after giving effect to any
activity on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
37. The Available Cash Collateral Amount as of the close of business on the Distribution Date is . . . . $10,000,000.00
38. The Collateral Investor Amount as of the close of business on the Distribution Date is . . . . . . . $33,750,000.00
</TABLE>
<PAGE> 41
<TABLE>
<S> <C> <C>
39. The amount on deposit in the Cash Collateral Account as of the close of business on
the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10,000,000.00
40. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $520,833.34
41. The amount of Servicer Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . $416,666.67
42. The Deficit Controlled Amortization Amount (after giving effect to any activity on
the Distribution Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
43. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds the Base Rate for such
Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.06%
</TABLE>
Advanta National Bank USA
(formerly named Colonial) as Servicer
By: /s/ MICHAEL COCO
--------------------------
Michael Coco
Vice President
<PAGE> 42
Series 1996-A daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
08/01 - 08/31 1996-A 5.92% 5.92%
</TABLE>
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
<TABLE>
<CAPTION>
AGGREGATE ACCOUNT BALANCE
<S> <C> <C>
(a) 30-59 days: . . . . . . . . . . . . . . . . . . $117,544,877.01
(b) 60-89 days: . . . . . . . . . . . . . . . . . . $61,202,523.14
(c) 90-119 days: . . . . . . . . . . . . . . . . . . $42,069,086.20
(d) 120-149 days: . . . . . . . . . . . . . . . . . $32,751,558.58
(e) 150-179 days: . . . . . . . . . . . . . . . . . $23,826,600.36
(f) 180 or more days: . . . . . . . . . . . . . . . $4,875,392.57
</TABLE>
<PAGE> 43
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
--------------------------------------------
SERIES 1996-B
- -------------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1996-B
Supplement dated as of March 26, 1996 (the "Supplement") and together with the
Master Agreement between AUS, ANB and the Trustee, AUS, as Servicer, is required
to prepare certain information each month regarding current distributions to all
1996-B Certificateholders. This statement relates to the September 16, 1996
Distribution Date (the "Distribution Date") and the performance of the Advanta
Credit Card Master Trust II (the "Trust") during the prior Monthly Period (the
"Monthly Period"). Certain of the information is presented on the basis of an
original principal amount of $1,000 per Series 1996-B Certificate. Certain
other information is presented based on the aggregate amounts for the Trust as a
whole. All capitalized terms used herein shall have the respective meanings set
forth in the Master Agreement.
<TABLE>
<S> <C> <C>
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $14.770513
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $15.137041
3. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
4. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of distribution set forth in paragraph 1 above in respect of interest,
per $1,000 principal principal amount of the Class A Certificate . . . . . . . . . . . . . . . . . . . . $14.770513
6. The amount of distribution set forth in paragraph 2 above in respect of interest,
per $1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . $15.137041
</TABLE>
<PAGE> 44
<TABLE>
<S> <C> <C>
7. The aggregate amount of Collections of Receivables processed for the prior Monthly Period
which were allocated in respect of the Series 1996-B Certificates . . . . . . . . . . . . . . . . . . $72,493,397.67
8. The aggregate amount of Collections of Principal Receivables processed during the prior
Monthly Period and allocated in respect of the Series 1996-B Certificates . . . . . . . . . . . . . . $62,299,856.87
9. The aggregate amount of Reallocated Principal Collections with respect to the prior Monthly
Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
10. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . . . . . . $8,816,197.40
11. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . . . . . . $562,265.28
12. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $1,979,273.21
13. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $126,281.75
14. The Collateral Default Amount for the prior Monthly Period . . . . . . . . . . . . . . . . . . . . . . . $182,979.68
15. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
16. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
17. The aggregate amount of Collateral Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . . . . $0.00
18. The aggregate amount of Class A Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
19. The aggregate amount of Class B Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
20. The aggregate amount of Collateral Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . . . . $0.00
</TABLE>
<PAGE> 45
<TABLE>
<S> <C> <C>
21. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $270,285.47
22. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $17,185.78
23. The amount of the Collateral Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . $24,997.50
24. The Class A Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
25. The Class B Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
26. The Class A Investor Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $648,750,000.00
27. The Class A Invested Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $648,750,000.00
28. The Class B Investor Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $41,250,000.00
29. The Class B Invested Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $41,250,000.00
30. The amount, if any, by which the outstanding principal balance of the Class A Certificates
exceeds the Class A Investor Amount after giving effect to any activity on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
31. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds
the Class B Investor Amount after giving effect to any activity on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
32. The Available Cash Collateral Amount as of the close of business on the Distribution Date is . . . . $15,000,000.00
33. The Collateral Investor Amount as of the close of business on the Distribution Date is . . . . . . . $60,000,000.00
</TABLE>
<PAGE> 46
<TABLE>
<S> <C> <C>
34. The amount on deposit in the Cash Collateral Account as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $15,000,000.00
35. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . . $781,250.00
36. The amount of Servicer Interchange for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $625,000.00
37. The Deficit Controlled Amortization Amount (after giving effect to any activity on the
Distribution Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
38. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds
the Base Rate for such Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.88%
39. The Net Portfolio Yield for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.65%
40. The Base Rate for the Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.77%
41. The amount on deposit in the Principal Funding Account as of the close of business
on the Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
42. The amount on deposit in the Interest Funding Account as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
43. The amount on deposit in the Reserve Account as of the close of business . . . . . . . . . . . . . . . . . . . $0.00
on the Distribution Date is
</TABLE>
Advanta National Bank USA
(formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
--------------------------
Michael Coco
Vice President
<PAGE> 47
Series 1996-B daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
08/01 - 08/31 1996-B 8.88% 8.88%
</TABLE>
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
<TABLE>
<CAPTION>
AGGREGATE ACCOUNT BALANCE
<S> <C> <C>
(a) 30-59 days: . . . . . . . . . . . . . . . . . . $117,544,877.01
(b) 60-89 days: . . . . . . . . . . . . . . . . . . $61,202,523.14
(c) 90-119 days: . . . . . . . . . . . . . . . . . . $42,069,086.20
(d) 120-149 days: . . . . . . . . . . . . . . . . . $32,751,558.58
(e) 150-179 days: . . . . . . . . . . . . . . . . . $23,826,600.36
(f) 180 or more days: . . . . . . . . . . . . . . . $4,875,392.57
</TABLE>
<PAGE> 48
August, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
--------------------------------------------
SERIES 1996-D
- -------------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1996-D
Supplement dated as of June 18, 1996 (the "Supplement") and together with the
Master Agreement between AUS, ANB and the Trustee, AUS, as Servicer, is required
to prepare certain information each month regarding current distributions to all
1996-D Certificateholders. This statement relates to the September 16, 1996
Distribution Date (the "Distribution Date") and the performance of the Advanta
Credit Card Master Trust II (the "Trust") during the prior Monthly Period (the
"Monthly Period"). Certain of the information is presented on the basis of an
original principal amount of $1,000 per Series 1996-D Certificate. Certain
other information is presented based on the aggregate amounts for the Trust as a
whole. All capitalized terms used herein shall have the respective meanings set
forth in the Master Agreement.
<TABLE>
<S> <C> <C>
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4.952782
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $5.086116
3. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
4. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of distribution set forth in paragraph 1 above in respect of interest,
per $1,000 principal principal amount of the Class A Certificate . . . . . . . . . . . . . . . . . . . . $4.952782
6. The amount of distribution set forth in paragraph 2 above in respect of interest,
per $1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . $5.086116
</TABLE>
<PAGE> 49
<TABLE>
<S> <C> <C>
7. The aggregate amount of Collections of Receivables processed for the prior Monthly Period
which were allocated in respect of the Series 1996-D Certificates . . . . . . . . . . . . . . . . . . $67,655,135.75
8. The aggregate amount of Collections of Principal Receivables processed during the prior
Monthly Period and allocated in respect of the Series 1996-D Certificates . . . . . . . . . . . . . . $58,160,564.53
9. The aggregate amount of Reallocated Principal Collections with respect to the prior Monthly
Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
10. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . . . . . . $8,211,943.64
11. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . . . . . . $526,303.23
12. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $1,847,837.10
13. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $118,550.22
14. The Collateral Default Amount for the prior Monthly Period . . . . . . . . . . . . . . . . . . . . . . . $170,093.79
15. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
16. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
17. The aggregate amount of Collateral Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . . . . $0.00
18. The aggregate amount of Class A Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
19. The aggregate amount of Class B Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
20. The aggregate amount of Collateral Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . . . . $0.00
</TABLE>
<PAGE> 50
<TABLE>
<S> <C> <C>
21. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $252,266.44
22. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $16,040.06
23. The amount of the Collateral Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . $23,331.00
24. The Class A Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
25. The Class B Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . 1.00000
26. The Class A Investor Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $605,500,000.00
27. The Class A Invested Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $605,500,000.00
28. The Class B Investor Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $38,500,000.00
29. The Class B Invested Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $38,500,000.00
30. The amount, if any, by which the outstanding principal balance of the Class A Certificates
exceeds the Class A Investor Amount after giving effect to any activity on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
31. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds
the Class B Investor Amount after giving effect to any activity on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
32. The Available Cash Collateral Amount as of the close of business on the Distribution Date is . . . . $14,000,000.00
33. The Collateral Investor Amount as of the close of business on the Distribution Date is . . . . . . . $56,000,000.00
</TABLE>
<PAGE> 51
<TABLE>
<S> <C> <C>
34. The amount on deposit in the Cash Collateral Account as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $14,000,000.00
35. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . . $729,166.00
36. The amount of Servicer Interchange for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $583,332.80
37. The Deficit Controlled Amortization Amount (after giving effect to any activity on the
Distribution Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
38. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds
the Base Rate for such Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.12%
39. The Net Portfolio Yield for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.61%
40. The Base Rate for the Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.50%
</TABLE>
Advanta National Bank USA
(formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
--------------------------
Michael Coco
Vice President
<PAGE> 52
Series 1996-D daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
08/01 - 08/31 1996-D 8.29% 8.29%
</TABLE>
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
<TABLE>
<CAPTION>
AGGREGATE ACCOUNT BALANCE
<S> <C> <C>
(a) 30-59 days: . . . . . . . . . . . . . . . . . . $117,544,877.01
(b) 60-89 days: . . . . . . . . . . . . . . . . . . $61,202,523.14
(c) 90-119 days: . . . . . . . . . . . . . . . . . . $42,069,086.20
(d) 120-149 days: . . . . . . . . . . . . . . . . . $32,751,558.58
(e) 150-179 days: . . . . . . . . . . . . . . . . . $23,826,600.36
(f) 180 or more days: . . . . . . . . . . . . . . . $4,875,392.57
</TABLE>
