<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):
November 15, 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
October 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 dated as of December 1, 1993 (hereinafter as
such agreement may have been or may be from time to time, supplemented, amended
or otherwise modified, the "Agreement"), 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 October 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 October 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: November 15, 1996 By: /s/Michael Coco
--------------------
Name: Michael Coco
Title: Vice President
<PAGE> 4
EXHIBIT INDEX
<TABLE>
<CAPTION>
Sequential
Exhibit Page Number
<S> <C> <C>
1. Monthly Reports for the October 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)
October, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank USA
---------------------------------------
ADVANTA CREDIT CARD MASTER TRUST II
<PAGE> 1
October, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank USA
Master Trust II
Series 1994-B
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993 (the "Master Agreement") by and between Advanta
National Bank USA ("AUS") as Seller and Servicer, and Bankers Trust Company,
as Trustee, as supplemented by the Series 1994-B Supplement dated as of July
19, 1994 (the "Supplement") and together with the Master Agreement between AUS
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 November 15, 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.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $4.869583
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $5.084861
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 $4.869583
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 $5.084861
7. The aggregate amount of Collections of Receivables processed
for the prior Monthly Period which were allocated in respect of the
Series 1994-BCertificates $78,194,083.14
8. The aggregate amount of Collections of Principal Receivables processed
during the prior Monthly Period and allocated in respect of the
Series 1994-BCertificates $67,073,692.13
<PAGE> 2
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 $9,789,526.41
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 $439,889.93
12. The Class A Investor Default Amount for the prior Monthly Period
is $2,708,137.16
13. The Class B Investor Default Amount for the prior Monthly Period
is $121,473.17
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
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
<PAGE> 3
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 4.99%
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>
10/1 - 10/31 1994-B 8.61% 8.61%
</TABLE>
<TABLE>
<S> <C> <C>
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 is........................ (a) 30 - 59 days:.................. 134,661,199.80
(b) 60 - 89 days:.................. 78,113,226.56
(c) 90 - 119 days:................. 57,392,879.77
(d) 120 - 149 days:................ 40,052,826.47
(e) 150 - 179 days:................ 31,174,352.13
(f) 180 or more days:.............. 8,672,353.05
</TABLE>
<PAGE> 5
October, 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, (the "Master Agreement") by and between Advanta National
Bank USA ("AUS") as Seller and Servicer, and Bankers Trust Company, as Trustee,
as supplemented by the Series 1994-D Supplement dated as of October 11, 1994
(the "Supplement") and together with the Master Agreement between AUS 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 November 15, 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.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $4.766250
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.938472
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 $4.766250
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 $4.938472
7. The aggregate amount of Collections of Receivables processed
for the prior Monthly Period which were allocated in respect of the
Series 1994-DCertificates $104,258,777.59
8. The aggregate amount of Collections of Principal Receivables processed
during the prior Monthly Period and allocated in respect of the
Series 1994-DCertificates $89,431,589.56
<PAGE> 6
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 $12,682,395.36
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 $736,881.49
12. The Class A Investor Default Amount for the prior Monthly Period
is $3,508,430.99
13. The Class B Investor Default Amount for the prior Monthly Period
is $203,646.20
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
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
<PAGE> 7
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 5.11%
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>
10/1 - 10/31 1994-D 11.48% 11.48%
</TABLE>
<TABLE>
<S> <C> <C>
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 is........................ (a) 30 - 59 days:.................. 134,661,199.80
(b) 60 - 89 days:.................. 78,113,226.56
(c) 90 - 119 days:................. 57,392,879.77
(d) 120 - 149 days:................ 40,052,826.47
(e) 150 - 179 days:................ 31,174,352.13
(f) 180 or more days:.............. 8,672,353.05
</TABLE>
<PAGE> 9
October, 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 (the "Master Agreement") by and between Advanta National
Bank USA ("AUS") as Seller and Servicer, and Bankers Trust Company, as Trustee,
as supplemented by the Series 1995-A Supplement dated as of January 18, 1995
(the "Supplement") and together with the Master Agreement between AUS 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 November 15, 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.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $4.783472
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.951389
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 $4.783472
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 $4.951389
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 $72,870,949.72
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 $62,633,273.54
<PAGE> 10
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 $8,748,511.34
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 $509,644.84
12. The Class A Investor Default Amount for the prior Monthly Period
is $2,454,472.60
13. The Class B Investor Default Amount for the prior Monthly Period
is $142,909.61
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
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
<PAGE> 11
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 4.84%
34. The Net Portfolio Yield for the prior Monthly Period is 12.63%
35. The Base Rate for the Monthly Period is 7.79%
36. The aggregate amount of Principal Receivables as of the last day of
the prior Monthly Period is $8,404,346,547.56
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 $108,143,741.00
Advanta National Bank USA (formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
------------------------------------------
Michael Coco
Vice President
<PAGE> 12
Series 1995-A daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
10/1 - 10/31 1995-A 8.04% 8.04%
</TABLE>
<TABLE>
<S> <C> <C>
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 is........................ (a) 30 - 59 days:.................. 134,661,199.80
(b) 60 - 89 days:.................. 78,113,226.56
(c) 90 - 119 days:................. 57,392,879.77
(d) 120 - 149 days:................ 40,052,826.47
(e) 150 - 179 days:................ 31,174,352.13
(f) 180 or more days:.............. 8,672,353.05
</TABLE>
<PAGE> 13
October, 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 (the "Master Agreement") by and between Advanta National
Bank USA ("AUS") as Seller and Servicer, and Bankers Trust Company, as
Trustee, as supplemented by the Series 1995-C Supplement dated as of April 27,
1995 (the "Supplement") and together with the Master Agreement between AUS
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 November 15, 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.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $0.000000
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $0.000000
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 $0.000000
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 $0.000000
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 $59,827,644.66
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 $51,415,373.81
<PAGE> 14
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 $7,150,430.22
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 $509,214.17
12. The Class A Investor Default Amount for the prior Monthly Period
is $2,004,307.32
13. The Class B Investor Default Amount for the prior Monthly Period
is $142,909.61
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
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
<PAGE> 15
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 4.60%
34. The Net Portfolio Yield for the prior Monthly Period is 12.63%
35. The Base Rate for the Monthly Period is 8.03%
36. The aggregate amount of Principal Receivables as of the last day of
the prior Monthly Period is $8,404,346,547.56
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 $108,143,741.00
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 $5,087,935.41
42. The amount on deposit in the Reserve Account as of the
close of business on the Distribution Date is $0.00
Advanta National Bank USA (formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
------------------------------------------
Michael Coco
Vice President
<PAGE> 16
Series 1995-C daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
10/1 - 10/31 1995-C 6.60% 6.60%
</TABLE>
<TABLE>
<S> <C> <C>
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 is........................ (a) 30 - 59 days:.................. 134,661,199.80
(b) 60 - 89 days:.................. 78,113,226.56
(c) 90 - 119 days:................. 57,392,879.77
(d) 120 - 149 days:................ 40,052,826.47
(e) 150 - 179 days:................ 31,174,352.13
(f) 180 or more days:.............. 8,672,353.05
</TABLE>
<PAGE> 17
October, 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 (the "Master Agreement") by and between Advantal National
Bank USA ("AUS") as Seller and Servicer, and Bankers Trust Company, as
Trustee, as supplemented by the Series 1995-D Supplement dated as of July 25,
1995 (the "Supplement") and together with the Master Agreement between AUS 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 November 15, 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.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $4.802176
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.914120
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 $4.802176
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 $4.914120
7. The aggregate amount of Collections of Receivables processed
for the prior Monthly Period which were allocated in respect of the
Series 1995-DCertificates $62,448,085.75
8. The aggregate amount of Collections of Principal Receivables processed
during the prior Monthly Period and allocated in respect of the
Series 1995-DCertificates $53,674,534.14
<PAGE> 18
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 $8,339,911.68
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 $433,639.93
12. The Class A Investor Default Amount for the prior Monthly Period
is $2,340,144.91
13. The Class B Investor Default Amount for the prior Monthly Period
is $121,473.17
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
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
<PAGE> 19
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 is 4.85%
Advanta National Bank USA (formerly named Colonial) as Servicer
By: /s/ MICHAEL COCO
------------------------------------------
Michael Coco
Vice President
<PAGE> 20
Series 1995-D daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
10/1 - 10/31 1995-D 6.89% 6.89%
</TABLE>
<TABLE>
<S> <C> <C>
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 is........................ (a) 30 - 59 days:.................. 134,661,199.80
(b) 60 - 89 days:.................. 78,113,226.56
(c) 90 - 119 days:................. 57,392,879.77
(d) 120 - 149 days:................ 40,052,826.47
(e) 150 - 179 days:................ 31,174,352.13
(f) 180 or more days:.............. 8,672,353.05
</TABLE>
<PAGE> 21
October, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Series 1995-F
Under the Amended and Restated Master Pooling and Servicing Agreement dated as
of December 1, 1993 (the "Master Agreement") by and between Advanta National
Bank USA ("AUS") as Seller and Servicer, and Bankers Trust Company, as Trustee,
as supplemented by the Series 1995-F Supplement dated as of November 21, 1995
(the "Supplement") and together with the Master Agreement between AUS 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 November 15, 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.
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 $4.802176
3. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.896898
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
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 $4.802176
<PAGE> 22
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 $4.896898
10. The aggregate amount of Collections of Receivables processed
for the prior Monthly Period which were allocated in respect of the
Series 1995-FCertificates $88,460,697.03
11. The aggregate amount of Collections of Principal Receivables processed
during the prior Monthly Period and allocated in respect of the
Series 1995-FCertificates $76,032,431.55
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 $11,053,991.58
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 $660,991.98
15. The Class A Investor Default Amount for the prior Monthly Period
is $3,101,138.60
16. The Class B Investor Default Amount for the prior Monthly Period
is $185,782.50
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
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
<PAGE> 23
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
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 4.71%
41. The Net Portfolio Yield for the prior Monthly Period is 12.62%
42. The Base Rate for the Monthly Period is 7.91%
43. The aggregate amount of Principal Receivables as of the last day of
the prior Monthly Period is $8,404,346,547.56
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 $108,143,741.00
Advanta National Bank USA (formerly named Colonial)as Servicer
By: /s/ MICHAEL COCO
-------------------------------------
Michael Coco
Vice President
<PAGE> 24
Series 1995-F daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
10/1 - 10/31 1995-F 9.76% 9.76%
</TABLE>
<TABLE>
<S> <C> <C>
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 is...................... (a) 30 - 59 days:.................... 134,661,199.80
(b) 60 - 89 days:.................... 78,113,226.56
(c) 90 - 119 days:................... 57,392,879.77
(d) 120 - 149 days:.................. 40,052,826.47
(e) 150 - 179 days:.................. 31,174,352.13
(f) 180 or more days:................ 8,672,353.05
</TABLE>
<PAGE> 25
October, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Series 1995-G
Under the Amended and Restated Master Pooling and Servicing Agreement dated
as of December 1, 1993, and as amended and restated on May 23,1994, and as
amended by Amendment Number 1 dated as of July 1,1994, by and between Advanta
National Bank USA ("AUS") as Seller and Servicer, and Bankers Trust Company,
as Trustee, as supplemented by the Series 1995-G Supplement dated as of
December 15, 1995 (the "Supplement") and together with the Master Agreement
between AUS 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 November 15, 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.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $4.759120
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.888287
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 $4.759120
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 $4.888287
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 $52,025,222.14
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 $44,715,794.77
<PAGE> 26
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 $6,316,945.31
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 $406,832.28
12. The Class A Investor Default Amount for the prior Monthly Period
is $1,772,079.20
13. The Class B Investor Default Amount for the prior Monthly Period
is $114,327.69
14. The Collateral Default Amount for the prior Monthly Period $164,346.05
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
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 $33,333.34
24. The Class A Pool Factor as of the Record Date for the
Distribution Date is 1.00000
<PAGE> 27
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
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 4.88%
39. The Net Portfolio Yield for the prior Monthly Period is 12.62%
40. The Base Rate for the Monthly Period is 7.75%
Advanta National Bank USA (formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
-----------------------------------------
Michael Coco
Vice President
<PAGE> 28
Series 1995-G daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
10/1 - 10/31 1995-G 5.74% 5.74%
</TABLE>
<TABLE>
<S> <C> <C>
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 is...................... (a) 30 - 59 days:.................... 134,661,199.80
(b) 60 - 89 days:.................... 78,113,226.56
(c) 90 - 119 days:................... 57,392,879.77
(d) 120 - 149 days:.................. 40,052,826.47
(e) 150 - 179 days:.................. 31,174,352.13
(f) 180 or more days:................ 8,672,353.05
</TABLE>
<PAGE> 29
October, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Series 1996-A
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993 (the "Master Agreement") by and between Advanta
National Bank USA ("AUS") as Seller and Servicer, and Bankers Trust Company, as
Trustee, as supplemented by the Series 1996-A Supplement dated as of January
18, 1996 (the "Supplement") and together with the Master Agreement between
Colonial 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 November 15, 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.
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 $4.836620
3. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.939954
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
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 $4.836620
<PAGE> 30
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 $4.939954
10. The aggregate amount of Collections of Receivables processed
for the prior Monthly Period which were allocated in respect of the
Series 1996-ACertificates $52,025,222.17
11. The aggregate amount of Collections of Principal Receivables processed
during the prior Monthly Period and allocated in respect of the
Series 1996-ACertificates $44,715,794.78
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 $6,430,952.73
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 $382,233.64
15. The Class A Investor Default Amount for the prior Monthly Period
is $1,804,233.86
16. The Class B Investor Default Amount for the prior Monthly Period
is $107,182.21
17. The Collateral Default Amount for the prior Monthly Period is $139,336.87
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
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
<PAGE> 31
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
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 5.20%
Advanta National Bank USA (formerly named Colonial) as Servicer
By: /s/ MICHAEL COCO
-----------------------------------------
Michael Coco
Vice President
<PAGE> 32
Series 1996-A daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
10/1 - 10/31 1996-A 5.74% 5.74%
</TABLE>
<TABLE>
<S> <C> <C>
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 is...................... (a) 30 - 59 days:.................... 134,661,199.80
(b) 60 - 89 days:.................... 78,113,226.56
(c) 90 - 119 days:................... 57,392,879.77
(d) 120 - 149 days:.................. 40,052,826.47
(e) 150 - 179 days:.................. 31,174,352.13
(f) 180 or more days:................ 8,672,353.05
</TABLE>
<PAGE> 33
October, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Series 1996-B
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, and as amended and restated on May 23,1994, and
as amended by Amendment Number 1 dated as of July 1,1994, by and between
Advanta National Bank USA ("AUS") as Seller and Servicer, and Bankers Trust
Company, as Trustee, as supplemented by the Series 1996-B Supplement dated as
of March 26, 1996 (the "Supplement") and together with the Master Agreement
between AUS 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 November 15, 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.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $0.000000
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $0.000000
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 $0.000000
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 $0.000000
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 $78,047,438.01
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 $67,073,692.14
<PAGE> 34
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 $9,494,920.94
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 $599,581.88
12. The Class A Investor Default Amount for the prior Monthly Period
is $2,661,691.53
13. The Class B Investor Default Amount for the prior Monthly Period
is $167,918.79
14. The Collateral Default Amount for the prior Monthly Period $246,519.08
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
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
<PAGE> 35
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
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 5.06%
39. The Net Portfolio Yield for the prior Monthly Period is 12.64%
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 $6,743,218.75
43. The amount on deposit in the Reserve Account as of the $0.00
close of business on the Distribution Date is
Advanta National Bank USA (formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
-----------------------------------------
Michael Coco
Vice President
<PAGE> 36
Series 1996-B daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
10/1 - 10/31 1996-B 8.61% 8.61%
</TABLE>
<TABLE>
<S> <C> <C>
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 is...................... (a) 30 - 59 days:.................... 134,661,199.80
(b) 60 - 89 days:.................... 78,113,226.56
(c) 90 - 119 days:................... 57,392,879.77
(d) 120 - 149 days:.................. 40,052,826.47
(e) 150 - 179 days:.................. 31,174,352.13
(f) 180 or more days:................ 8,672,353.05
</TABLE>
<PAGE> 37
October, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Series 1996-C
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, and as amended and restated on May 23,1994, and
as amended by Amendment Number 1 dated as of July 1,1994, by and between
Advanta National Bank USA ("AUS") as Seller and Servicer, and Bankers Trust
Company, as Trustee, as supplemented by the Series 1996-C Supplement dated as
of May 13, 1996 (the "Supplement") and together with the Master Agreement
between AUS 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 November 15, 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.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $0.000000
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $0.000000
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 $0.000000
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 $0.000000
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 $72,881,003.29
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 $62,633,273.51
<PAGE> 38
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 $8,859,136.66
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 $561,162.26
12. The Class A Investor Default Amount for the prior Monthly Period
is $2,483,054.52
13. The Class B Investor Default Amount for the prior Monthly Period
is $157,200.57
14. The Collateral Default Amount for the prior Monthly Period $232,228.12
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
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
<PAGE> 39
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
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 5.17%
39. The Net Portfolio Yield for the prior Monthly Period is 12.64%
40. The Base Rate for the Monthly Period is 7.48%
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 $6,746,308.34
43. The amount on deposit in the Reserve Account as of the $0.00
close of business on the Distribution Date is
Advanta National Bank USA (formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
-----------------------------------------
Michael Coco
Vice President
<PAGE> 40
Series 1996-C daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
10/1 - 10/31 1996-C 8.04% 8.04%
</TABLE>
<TABLE>
<S> <C> <C>
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 is...................... (a) 30 - 59 days:.................... 134,661,199.80
(b) 60 - 89 days:.................... 78,113,226.56
(c) 90 - 119 days:................... 57,392,879.77
(d) 120 - 149 days:.................. 40,052,826.47
(e) 150 - 179 days:.................. 31,174,352.13
(f) 180 or more days:................ 8,672,353.05
</TABLE>
<PAGE> 41
October, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Series 1996-D
Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, and as amended and restated on May 23,1994,
and as amended by Amendment Number 1 dated as of July 1,1994, by and between
Advanta National Bank USA ("AUS") as Seller and Servicer, and Bankers Trust
Company, as Trustee, as supplemented by the Series 1996-D Supplement dated as
of June 18, 1996 (the "Supplement") and together with the Master Agreement
between AUS 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 November 15, 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.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $4.767731
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.896898
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 $4.767731
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 $4.896898
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 $72,870,949.73
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 $62,633,273.51
<PAGE> 42
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 $8,850,440.32
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 $560,609.32
12. The Class A Investor Default Amount for the prior Monthly Period
is $2,483,054.52
13. The Class B Investor Default Amount for the prior Monthly Period
is $157,200.57
14. The Collateral Default Amount for the prior Monthly Period $232,228.12
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
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
<PAGE> 43
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
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 5.35%
39. The Net Portfolio Yield for the prior Monthly Period is 12.63%
40. The Base Rate for the Monthly Period is 7.27%
Advanta National Bank USA (formerly Colonial) as Servicer
By: /s/ MICHAEL COCO
-----------------------------------------
Michael Coco
Vice President
<PAGE> 44
Series 1996-D daily percentages during the prior Monthly Period
<TABLE>
<CAPTION>
Floating Principal
Allocation Allocation
Percentage Percentage
---------- ----------
<S> <C> <C> <C>
10/1 - 10/31 1996-D 8.04% 8.04%
</TABLE>
<TABLE>
<S> <C> <C>
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 is...................... (a) 30 - 59 days:.................... 134,661,199.80
(b) 60 - 89 days:.................... 78,113,226.56
(c) 90 - 119 days:................... 57,392,879.77
(d) 120 - 149 days:.................. 40,052,826.47
(e) 150 - 179 days:.................. 31,174,352.13
(f) 180 or more days:................ 8,672,353.05
</TABLE>
