<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):
December 15, 1997
ADVANTA Credit Card Master Trust II
(Exact name or 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
Attention: Elizabeth H. Mai
Delaware Corporate Center I
One Righter Parkway, Wilmington, Delaware 19803
(Address of Owner/Servicer)
(Address of principal executive offices)
(302) 266-5600 (Telephone Number of Owner/Servicer)
(Registrant's Telephone Number)
<PAGE> 2
Items 1-4. Inapplicable.
Item 5. Other Events.
Information relating to the distributions to Certificateholders for the
November 1997 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 Class A-2
and Class B, Series 1995-G, Series 1996-A Class A-2 and Class B,
Series 1996-B, Series 1996-C, Series 1996-D and Series 1996-E and
the following Fixed Rate Asset Backed Certificates: Series 1995-F, Class
A-1 and Series 1996-A, Class A-1 (the "Certificates") issued by the
Registrant 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 date 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 (formerly
known as Advanta National Bank USA)and Bankers Trust Company, as Trustee.
Capitalized terms not otherwise defined herein have the meanings assigned
in the Agreement.
Effective June 30, 1997, Advanta National Bank ("ANB"), a national banking
association (the "Merged Bank"), merged with and into Advanta National Bank USA
(formerly known as Colonial National Bank USA), a national banking association
(the "Surviving Bank"), and the Surviving Bank simultaneously changed its name
to Advanta National Bank (the "Bank"). The Surviving Bank has assumed the
performance of every covenant and obligation of the Merged Bank as a Seller
under the Pooling and Servicing Agreement, all existing Supplements thereto,
and all related Enhancement Agreements entered into in connection with the
various Series of Certificates.
Item 6. Inapplicable.
Item 7. Financial Statements,
Pro Forma Financial Information and Exhibits.
1. Monthly Reports for the November 1997 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 Class
A-2 and Class B, Series 1995-G, Series 1996-A Class A-2 and Class B,
Series 1996-B, Series 1996-C, Series 1996-D and Series 1996-E and the
following Fixed Rate Asset Backed Certificates: Series 1995-F Class A-1
and Series 1996-A Class A-1 issued by 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
(formerly known as Advanta National Bank USA)
(Owner/Servicer)
Date: December 15, 1997 By: /s/ MICHAEL COCO
---------------------
Name: Michael Coco
Title: Vice President
<PAGE> 4
EXHIBIT INDEX
Sequential
Exhibit Page Number
1. Monthly Reports for the November 1997 Monthly Period 5
relating to the 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, Series 1996-D and Series
1996-E issued by the ADVANTA Credit Card Master Trust II.
<PAGE> 1
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
--------------------------------------------
ADVANTA Credit Card
Master Trust II
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 by and between
Advanta National Bank (the "Bank") (formerly known as Advanta National Bank
USA) as Seller and Servicer, and Bankers Trust Company as Trustee, (the
"Trustee") as amended by Amendment Number 1 dated as of July 1, 1994 between
the Bank, as Seller and Servicer and the Trustee and as further amended
by Amendment Number 2 dated as of October 6,1995 among the Bank as Seller and
Servicer, Advanta National Bank ("ANB") as an Additional Seller,
who on June 30, 1997 merged with and into the Bank, and the Trustee
(the "Master Pooling and Servicing Agreement") as Supplemented by the
Series 1994-B Supplement dated as of July 19, 1994 (the
"Supplement") and together with the Master Pooling and Servicing Agreement
(the "Agreement") between the Bank and the Trustee, the Bank, as Servicer
is required to prepare certain information each month regarding current
distributions to all Series 1994-B Certificateholders. This statement
relates to the December 15, 1997 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 Agreement.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $4.690000
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.884444
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 $4.690000
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 $4.884444
<PAGE> 2
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 $79,506,678.57
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 $67,309,980.62
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 $10,731,212.77
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 $492,709.95
12. The Class A Investor Default Amount for the prior
Monthly Period is $3,739,024.12
13. The Class B Investor Default Amount for the prior
Monthly Period is $172,174.40
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 1.00000000
21. The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
<PAGE> 3
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 5.05%
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By:--------------------------
Michael Coco
Vice President
<PAGE> 4
Series 1994-B daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1994-B 8.86% 8.86%
11/14 - 11/30 1994-B 8.94% 8.94%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
<PAGE> 5
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
--------------------------------------------
ADVANTA Credit Card
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 by and between
Advanta National Bank (the "Bank") (formerly known as Advanta National Bank
USA) as Seller and Servicer, and Bankers Trust Company as Trustee, (the
"Trustee") as amended by Amendment Number 1 dated as of July 1, 1994 between
the Bank, as Seller and Servicer and the Trustee and as further amended
by Amendment Number 2 dated as of October 6,1995 among the Bank as Seller and
Servicer, Advanta National Bank ("ANB") as an Additional Seller,
who on June 30, 1997 merged with and into the Bank, and the Trustee
(the "Master Pooling and Servicing Agreement") as Supplemented by the
Series 1994-D Supplement dated as of October 11, 1994 (the
"Supplement") and together with the Master Pooling and Servicing Agreement
(the "Agreement") between the Bank and the Trustee, the Bank, as Servicer
is required to prepare certain information each month regarding current
distributions to all Series 1994-D Certificateholders. This statement
relates to the December 15, 1997 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 Agreement.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $168.198889
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.752222
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 $166.666667
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 $1.532222
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 $4.752222
<PAGE> 6
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 $75,607,665.53
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 $67,309,980.65
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 $6,776,818.59
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 $815,535.41
12. The Class A Investor Default Amount for the prior
Monthly Period is $2,423,575.10
13. The Class B Investor Default Amount for the prior
Monthly Period is $283,844.89
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 $475,000.00
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 0.33333333
21. The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
<PAGE> 7
22. The Class A Investor Amount after giving effect to
any payments on the Distribution Date is $142,500,000.00
23. The Class A Invested Amount after giving effect to
any payments on the Distribution Date is $142,500,000.00
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 $14,754,579.00
30. The Available Enhancement Amount as of the close of
business on the Distribution Date $24,754,579.00
31. The amount of Interchange with respect to the prior
Monthly Period is $453,910.62
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 10.08%
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By:--------------------------
Michael Coco
Vice President
<PAGE> 8
Series 1994-D daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1994-D 6.17% 8.86%
11/14 - 11/30 1994-D 6.23% 8.94%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
<PAGE> 9
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
--------------------------------------------
ADVANTA Credit Card
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 by and between
Advanta National Bank (the "Bank") (formerly known as Advanta National Bank
USA) as Seller and Servicer, and Bankers Trust Company as Trustee, (the
"Trustee") as amended by Amendment Number 1 dated as of July 1, 1994 between
the Bank, as Seller and Servicer and the Trustee and as further amended
by Amendment Number 2 dated as of October 6,1995 among the Bank as Seller and
Servicer, Advanta National Bank ("ANB") as an Additional Seller,
who on June 30, 1997 merged with and into the Bank, and the Trustee
(the "Master Pooling and Servicing Agreement") as Supplemented by the
Series 1995-A Supplement dated as of January 18, 1995 (the
"Supplement") and together with the Master Pooling and Servicing Agreement
(the "Agreement") between the Bank and the Trustee, the Bank, as Servicer
is required to prepare certain information each month regarding current
distributions to all Series 1995-A Certificateholders. This statement
relates to the December 15, 1997 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 Agreement.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $4.612222
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.763889
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 $4.612222
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 $4.763889
<PAGE> 10
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 $74,052,777.21
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 $62,816,098.94
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 $9,612,233.51
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 $561,888.79
12. The Class A Investor Default Amount for the prior
Monthly Period is $3,393,005.14
13. The Class B Investor Default Amount for the prior
Monthly Period is $197,757.69
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 1.00000000
21. The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
<PAGE> 11
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 4.88%
<PAGE> 12
34. The Net Portfolio Yield for the prior Monthly Period is 12.46%
35. The Base Rate for the Monthly Period is 7.58%
36. The aggregate amount of Principal Receivables as of the
last day of the prior Monthly Period is $8,290,108,881.84
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 $193,625,640.77
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By:--------------------------
Michael Coco
Vice President
<PAGE> 13
Series 1995-A daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1995-A 8.26% 8.26%
11/14 - 11/30 1995-A 8.35% 8.35%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
<PAGE> 14
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
--------------------------------------------
ADVANTA Credit Card
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 by and between
Advanta National Bank (the "Bank") (formerly known as Advanta National Bank
USA) as Seller and Servicer, and Bankers Trust Company as Trustee, (the
"Trustee") as amended by Amendment Number 1 dated as of July 1, 1994 between
the Bank, as Seller and Servicer and the Trustee and as further amended
by Amendment Number 2 dated as of October 6,1995 among the Bank as Seller and
Servicer, Advanta National Bank ("ANB") as an Additional Seller,
who on June 30, 1997 merged with and into the Bank, and the Trustee
(the "Master Pooling and Servicing Agreement") as Supplemented by the
Series 1995-C Supplement dated as of April 27, 1995 (the
"Supplement") and together with the Master Pooling and Servicing Agreement
(the "Agreement") between the Bank and the Trustee, the Bank, as Servicer
is required to prepare certain information each month regarding current
distributions to all Series 1995-C Certificateholders. This statement
relates to the December 15, 1997 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 Agreement.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $14.961285
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $15.315174
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 $14.961285
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 $15.315174
<PAGE> 15
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 $60,871,609.70
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 $51,620,336.63
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 $7,862,035.26
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 $555,425.31
12. The Class A Investor Default Amount for the prior
Monthly Period is $2,769,594.08
13. The Class B Investor Default Amount for the prior
Monthly Period is $196,087.51
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 1.00000000
21. The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
<PAGE> 16
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 4.95%
<PAGE> 17
34. The Net Portfolio Yield for the prior Monthly Period is 12.51%
35. The Base Rate for the Monthly Period is 7.56%
36. The aggregate amount of Principal Receivables as of the
last day of the prior Monthly Period is $8,290,108,881.84
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 $193,625,640.77
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
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By:--------------------------
Michael Coco
Vice President
<PAGE> 18
Series 1995-C daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1995-C 6.79% 6.79%
11/14 - 11/30 1995-C 6.86% 6.86%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
<PAGE> 19
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
-----------------------------------------
ADVANTA Credit Card
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 by and between
Advanta National Bank (the "Bank") (formerly known as Advanta National
Bank USA) as Seller and Servicer, and Bankers Trust Company,
as Trustee (the "Trustee") as amended by Amendment Number 1 dated as
of July 1, 1994 between the Bank, as Seller and Servicer and the Trustee and as
further amended by Amendment Number 2 dated as of October 6,1995 among the Bank,
as Seller and Servicer, Advanta National Bank ("ANB") as an Additional Seller,
who on June 30, 1997 merged with and into the Bank, and the Trustee (the
"Master Pooling and Servicing Agreement") as supplemented by the Series
1995-D Supplement dated as of July 25, 1995 (the "Supplement")
and together with the Master Pooling and Servicing Agreement (the "Agreement")
between the Bank and the Trustee, the Bank as Servicer is required to prepare
certain information each month regarding current distributions to all Series
1995-D Certificateholders. This statement relates to the December 15, 1997
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 $4.571389
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.672500
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 $4.571389
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 $4.672500
<PAGE> 20
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 $63,487,734.38
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 $53,854,296.81
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 $9,152,625.47
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 $480,812.10
12. The Class A Investor Default Amount for the prior
Monthly Period is $3,230,395.99
13. The Class B Investor Default Amount for the prior
Monthly Period is $169,061.96
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 1.00000000
21. The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
<PAGE> 21
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 is 4.98%
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By:---------------------------------------
Michael Coco
Vice President
<PAGE> 22
Series 1995-D daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1995-D 7.08% 7.08%
11/14 - 11/30 1995-D 7.16% 7.16%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
<PAGE> 23
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
------------------------------------------
ADVANTA Credit Card
Master Trust II
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 by and between
Advanta National Bank (the "Bank") (formerly known as Advanta National Bank USA)
as Seller and Servicer and Bankers Trust Company, as Trustee
(the "Trustee"), as amended by Amendment Number 1 dated as of July 1, 1994
between the Bank as Seller and Servicer, and the Trustee, and as further
amended by Amendment Number 2 dated as of October 6, 1995 among the Bank, as
Seller and Servicer, Advanta National Bank ("ANB") as an Additional Seller, who
on June 30, 1997 merged with and into the Bank, and the Trustee (the "Master
Pooling and Servicing Agreement") as supplemented by the Series 1995-F
Supplement dated as of November 21, 1995 (the "Supplement") and together with
the Master Pooling and Servicing Agreement, (the "Agreement"), among the
Bank and the Trustee. The Bank, as Servicer is requried to prepare certain
information each month regarding current distributions to all Series 1995-F
Certificateholders. This statement relates to the December 15, 1997
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 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 $4.571389
3. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.656945
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
<PAGE> 24
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 $4.571389
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 $4.656945
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 $89,964,210.31
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 $76,313,524.79
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 $12,142,728.73
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 $716,654.64
15. The Class A Investor Default Amount for the prior
Monthly Period is $4,285,913.22
16. The Class B Investor Default Amount for the prior
Monthly Period is $253,478.98
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
<PAGE> 25
21. The amount of the Class A Servicing Fee for the prior
Monthly Period is $630,416.66
22. The amount of the Class B Servicing Fee for the prior
Monthly Period is $37,187.50
23. The Class A Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
24. The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
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
<PAGE> 26
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 12.47%
42. The Base Rate for the Monthly Period is 7.76%
43. The aggregate amount of Principal Receivables as of the
last day of the prior Monthly Period is $8,290,108,881.84
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 $193,625,640.77
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By:-------------------------------------
Michael Coco
Vice President
<PAGE> 27
Series 1995-F daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1995-F 10.04% 10.04%
11/14 - 11/30 1995-F 10.14% 10.14%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
<PAGE> 28
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
-----------------------------------------------
ADVANTA Credit Card
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 between
Advanta National Bank (the "Bank") (formerly known as Advanta National Bank
USA) and Bankers Trust Company as Trustee (the "Trustee"), and as amended
by Amendment Number 1 dated as of July 1, 1994, by and between the Bank as
Seller and Servicer, and the Trustee and as further amended by Amendment
Number 2, dated as of October 6, 1995 among the Bank, Advanta National Bank
("ANB") as an Additional Seller, who on June 30, 1997 merged with and into
the Bank, and the Trustee (the "Master Pooling and Servicing Agreement"), as
supplemented by the Series 1995-G Supplement dated as of December 15, 1995
(the "Supplement") and together with the Master Pooling and Servicing
Agreement, (the "Agreement"), among the Bank and the Trustee. The
Bank, as Servicer, is required to prepare certain information each month
regarding current distributions to all Series 1995-G
Certificateholders. This statement relates to the December 15, 1997
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 Agreement.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $4.532500
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.649167
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 $4.532500
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 $4.649167
<PAGE> 29
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 $52,873,952.70
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 $44,850,752.66
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 $6,946,957.69
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 $440,273.79
12. The Class A Investor Default Amount for the prior
Monthly Period is $2,452,270.83
13. The Class B Investor Default Amount for the prior
Monthly Period is $154,714.09
14. The Collateral Default Amount for the prior
Monthly Period is $224,783.24
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
<PAGE> 30
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 1.00000000
25. The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
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
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
<PAGE> 31
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 4.99%
39. The Net Portfolio Yield for the prior Monthly Period is 12.46%
40. The Base Rate for the Monthly Period is 7.47%
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By:------------------------------------------
Michael Coco
Vice President
<PAGE> 32
Series 1995-G daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1995-G 5.90% 5.90%
11/14 - 11/30 1995-G 5.96% 5.96%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
<PAGE> 33
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
-------------------------------------------
ADVANTA Credit Card
Master Trust II
Series 1996-A
- -----------------------------------------------------------------------------
Under the Amended and Restated Master Pooling and Servicing Agreement dated as
of December 31, 1993 as amended and restated on May 23, 1994 by and between
Advanta National Bank (the"Bank") (formerly known as Advanta National Bank
USA) and Bankers Trust Company as Trustee (the "Trustee"), and as
amended by Amendment Number 1 dated as of July 1, 1994, by and between
the Bank, as Seller and Servicer, and the Trustee, and as
further amended by Amendment Number 2 dated as of October 6, 1995 among
the Bank, as Seller and Servicer, Advanta National Bank ("ANB") as an
Additional Seller, who on June 30, 1997 merged with and into the Bank,
and the Trustee (the "Master Pooling and Servicing Agreement") as supplemented
by the Series 1996-A Supplement dated as of January 18, 1996 (the
"Supplement") and together with the Master Pooling and Servicing Agreement,
(the "Agreement"), among the Bank and the Trustee. The Bank, as Servicer,
is required to prepare certain information each month regarding current
distributions to all Series 1996-A Certificateholders. This
statement relates to the December 15, 1997Distribution 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 $4.602500
3. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.695834
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
<PAGE> 34
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 $4.602500
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 $4.695834
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 $52,873,952.67
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 $44,850,752.65
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 $7,062,924.83
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 $419,330.09
15. The Class A Investor Default Amount for the prior
Monthly Period is $2,492,202.00
16. The Class B Investor Default Amount for the prior
Monthly Period is $148,261.29
17. The Collateral Default Amount for the prior
Monthly Period is $191,304.89
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
<PAGE> 35
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
<PAGE> 36
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 4.70%
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By: -----------------------------------
Michael Coco
Vice President
<PAGE> 37
Series 1996-A daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1996-A 5.90% 5.90%
11/14 - 11/30 1996-A 5.96% 5.96%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
<PAGE> 38
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
-----------------------------------------------
ADVANTA Credit Card
Master Trust II
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 between
Advanta National Bank (the "Bank") (formerly known as Advanta National Bank
USA) and Bankers Trust Company as Trustee (the "Trustee"), and as amended
by Amendment Number 1 dated as of July 1, 1994, by and between the Bank as
Seller and Servicer, and the Trustee and as further amended by Amendment
Number 2, dated as of October 6, 1995 among the Bank, Advanta National Bank
("ANB") as an Additional Seller, who on June 30, 1997 merged with and into
the Bank, and the Trustee (the "Master Pooling and Servicing Agreement"), as
supplemented by the Series 1996-B Supplement dated as of March 26, 1996
(the "Supplement") and together with the Master Pooling and Servicing
Agreement, (the "Agreement"), among the Bank and the Trustee. The
Bank, as Servicer, is required to prepare certain information each month
regarding current distributions to all Series 1996-B
Certificateholders. This statement relates to the December 15, 1997
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 Agreement.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $15.037118
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $15.403646
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 $15.037118
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 $15.403646
<PAGE> 39
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 $79,374,594.34
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 $67,309,980.62
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 $10,438,516.03
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 $663,889.20
12. The Class A Investor Default Amount for the prior
Monthly Period is $3,676,850.03
13. The Class B Investor Default Amount for the prior
Monthly Period is $234,348.49
14. The Collateral Default Amount for the prior
Monthly Period is $339,566.17
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
<PAGE> 40
21. The amount of the Class A Servicing Fee for the prior
Monthly Period is $270,312.50
22. The amount of the Class B Servicing Fee for the prior
Monthly Period is $17,187.50
23. The amount of the Collateral Servicing Fee for the
prior Monthly Period is $25,000.00
24. The Class A Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
25. The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
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
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
<PAGE> 41
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 4.90%
39. The Net Portfolio Yield for the prior Monthly Period is 12.50%
40. The Base Rate for the Monthly Period is 7.60%
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
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By:------------------------------------------
Michael Coco
Vice President
<PAGE> 42
Series 1996-B daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1996-B 8.86% 8.86%
11/14 - 11/30 1996-B 8.94% 8.94%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
<PAGE> 43
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
-----------------------------------------------
ADVANTA Credit Card
Master Trust II
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 between
Advanta National Bank (the "Bank") (formerly known as Advanta National Bank
USA) and Bankers Trust Company as Trustee (the "Trustee"), and as amended
by Amendment Number 1 dated as of July 1, 1994, by and between the Bank as
Seller and Servicer, and the Trustee and as further amended by Amendment
Number 2, dated as of October 6, 1995 among the Bank, Advanta National Bank
("ANB") as an Additional Seller, who on June 30, 1997 merged with and into
the Bank, and the Trustee (the "Master Pooling and Servicing Agreement"), as
supplemented by the Series 1996-C Supplement dated as of May 13, 1996
(the "Supplement") and together with the Master Pooling and Servicing
Agreement, (the "Agreement"), among the Bank and the Trustee. The
Bank, as Servicer, is required to prepare certain information each month
regarding current distributions to all Series 1996-C
Certificateholders. This statement relates to the December 15, 1997
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 Agreement.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $14.759063
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $15.087674
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 $14.759063
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 $15.087674
<PAGE> 44
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 $74,076,948.62
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 $62,816,098.90
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 $9,741,591.25
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 $617,442.95
12. The Class A Investor Default Amount for the prior
Monthly Period is $3,431,266.12
13. The Class B Investor Default Amount for the prior
Monthly Period is $216,888.18
14. The Collateral Default Amount for the prior
Monthly Period is $317,323.24
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
<PAGE> 45
21. The amount of the Class A Servicing Fee for the prior
Monthly Period is $252,291.67
22. The amount of the Class B Servicing Fee for the prior
Monthly Period is $16,041.67
23. The amount of the Collateral Servicing Fee for the
prior Monthly Period is $23,333.33
24. The Class A Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
25. The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
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
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
<PAGE> 46
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 5.03%
39. The Net Portfolio Yield for the prior Monthly Period is 12.51%
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 $0.00
43. The amount on deposit in the Reserve Account as of the
close of business on the Distribution Date is $0.00
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By:------------------------------------------
Michael Coco
Vice President
<PAGE> 47
Series 1996-C daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1996-C 8.26% 8.26%
11/14 - 11/30 1996-C 8.35% 8.35%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
<PAGE> 48
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
-----------------------------------------------
ADVANTA Credit Card
Master Trust II
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 between
Advanta National Bank (the "Bank") (formerly known as Advanta National Bank
USA) and Bankers Trust Company as Trustee (the "Trustee"), and as amended
by Amendment Number 1 dated as of July 1, 1994, by and between the Bank as
Seller and Servicer, and the Trustee and as further amended by Amendment
Number 2, dated as of October 6, 1995 among the Bank, Advanta National Bank
("ANB") as an Additional Seller, who on June 30, 1997 merged with and into
the Bank, and the Trustee (the "Master Pooling and Servicing Agreement"), as
supplemented by the Series 1996-D Supplement dated as of June 18, 1996
(the "Supplement") and together with the Master Pooling and Servicing
Agreement, (the "Agreement"), among the Bank and the Trustee. The
Bank, as Servicer, is required to prepare certain information each month
regarding current distributions to all Series 1996-D
Certificateholders. This statement relates to the December 15, 1997
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 Agreement.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $4.540278
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.656944
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 $4.540278
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 $4.656944
<PAGE> 49
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 $74,052,777.14
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 $62,816,098.90
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 $9,720,682.92
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 $616,113.52
12. The Class A Investor Default Amount for the prior
Monthly Period is $3,431,266.12
13. The Class B Investor Default Amount for the prior
Monthly Period is $216,888.18
14. The Collateral Default Amount for the prior
Monthly Period is $317,323.24
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
<PAGE> 50
21. The amount of the Class A Servicing Fee for the prior
Monthly Period is $252,291.67
22. The amount of the Class B Servicing Fee for the prior
Monthly Period is $16,041.67
23. The amount of the Collateral Servicing Fee for the
prior Monthly Period is $23,333.33
24. The Class A Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
25. The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
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
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
<PAGE> 51
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 4.97%
39. The Net Portfolio Yield for the prior Monthly Period is 12.46%
40. The Base Rate for the Monthly Period is 7.49%
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By:------------------------------------------
Michael Coco
Vice President
<PAGE> 52
Series 1996-D daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1996-D 8.26% 8.26%
11/14 - 11/30 1996-D 8.35% 8.35%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
<PAGE> 53
November, 1997
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Advanta National Bank
-----------------------------------------------
ADVANTA Credit Card
Master Trust II
Series 1996-E
- -------------------------------------------------------------------------------
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 between
Advanta National Bank (the "Bank") (formerly known as Advanta National Bank
USA) and Bankers Trust Company as Trustee (the "Trustee"), and as amended
by Amendment Number 1 dated as of July 1, 1994, by and between the Bank as
Seller and Servicer, and the Trustee and as further amended by Amendment
Number 2, dated as of October 6, 1995 among the Bank, Advanta National Bank
("ANB") as an Additional Seller, who on June 30, 1997 merged with and into
the Bank, and the Trustee (the "Master Pooling and Servicing Agreement"), as
supplemented by the Series 1996-E Supplement dated as of November 1, 1996
(the "Supplement") and together with the Master Pooling and Servicing
Agreement, (the "Agreement"), among the Bank and the Trustee. The
Bank, as Servicer, is required to prepare certain information each month
regarding current distributions to all Series 1996-E
Certificateholders. This statement relates to the December 15, 1997
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-E 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 Agreement.
1. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class A Certificates $4.501389
2. The total amount of the distribution on the Payment Date per $1000
original principal amount of Class B Certificates $4.680278
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 $4.501389
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 $4.680278
<PAGE> 54
7. The aggregate amount of Collections of Receivables processed
for the prior Monthly Period which were allocated in
respect of the Series 1996-E Certificates $52,873,952.70
8. The aggregate amount of Collections of Principal Receivables
processed during the prior Monthly Period and allocated in
respect of the Series 1996-E Certificates $44,850,752.66
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 $6,946,957.69
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 $440,273.79
12. The Class A Investor Default Amount for the prior
Monthly Period is $2,452,270.83
13. The Class B Investor Default Amount for the prior
Monthly Period is $154,714.09
14. The Collateral Default Amount for the prior
Monthly Period is $224,783.24
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
<PAGE> 55
21. The amount of the Class A Servicing Fee for the prior
Monthly Period is $180,208.33
22. The amount of the Class B Servicing Fee for the prior
Monthly Period is $11,458.33
23. The amount of the Collateral Servicing Fee for the
prior Monthly Period is $16,666.67
24. The Class A Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
25. The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00000000
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
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
<PAGE> 56
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 5.02%
39. The Net Portfolio Yield for the prior Monthly Period is 12.46%
40. The Base Rate for the Monthly Period is 7.44%
Advanta National Bank (formerly known as Advanta National Bank USA)
as Servicer
/s/ MICHAEL COCO
By:------------------------------------------
Michael Coco
Vice President
<PAGE> 57
Series 1996-E daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
11/2 - 11/13 1996-E 5.90% 5.90%
11/14 - 11/30 1996-E 5.96% 5.96%
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:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: .................... $142,722,684.06
(b) 60-89 days: .................... $88,868,673.26
(c) 90-119 days: ................... $66,326,705.29
(d) 120-149 days: .................. $52,531,582.68
(e) 150-179 days: .................. $45,017,444.89
(f) 180 or more days: .............. $15,394,198.92
----------------
TOTAL $410,861,289.10
ADVANTA NATIONAL BANK (formerly known as Advanta National Bank USA),
as Servicer
/s/ MICHAEL COCO
---------------------------
By: Michael Coco
Vice President
