ADVANTA CORP
424B3, 1994-10-07
PERSONAL CREDIT INSTITUTIONS
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<PAGE>   1

Pricing Supplement dated October 6, 1994                       Rule 424(b)(3)
(To Prospectus dated November 8, 1993 and                      File No. 33-50883
Prospectus Supplement dated December 3, 1993)


                                 ADVANTA CORP.
                   MEDIUM-TERM NOTES, SERIES A - FIXED RATE

<TABLE>
<S>                                                                 <C>
====================================================================================================
Principal Amount:  $25,000,000                                      Interest Rate:  7.26%
Agent's Discount or Commission:   $62,500                           Stated Maturity Date:  10/15/96
Net Proceeds to Issuer:  $24,937,500                                Original Issue Date:  10/14/94
Issue Price:  100%                                                  Trade Date:  10/6/94    
====================================================================================================
Interest Payment Dates:   June 15 and December 15                   Cusip No.:  00756QAV0
                          each year until maturity
</TABLE>

Day Count Convention:
         / X  /  30/360 for the period from 10/14/94 to 10/15/96
         /    /  Actual/360 for the period from             to
         /    /  Actual/Actual for the period from          to

Redemption:
         / X  /  The Notes cannot be redeemed prior to the Stated Maturity Date.
         /    /  The Notes may be redeemed prior to the Stated Maturity Date.
                 Initial Redemption Date:
                 Initial Redemption Percentage:
                 Annual Redemption Percentage Reduction: ____% until Redemption
                 Percentage is 100% of the principal amount.

Optional Repayment:
         / X  /  The Notes cannot be repaid prior to the Stated Maturity Date.
         /    /  The Notes can be repaid prior to the Stated Maturity Date at
                 the option of the holder of the Notes.
                 Option Repayment Dates:
                 Repayment Price: ____%

Currency:

         Specified Currency:
           (If other than U.S. dollars, see attached)
         Minimum Denominations:
           (Applicable only if Specified Currency is other than U.S. dollars)
         Original Issue Discount:
                          /   /   Yes      / X /   No

         Total Amount of OID:
         Yield to Maturity:
         Initial Accrual Period:
<PAGE>   2


Form:

         / X /   Book Entry                                 /  /    Certificated


Agent acting in the capacity as indicated below:


         / X /   Agent                                      /  /    Principal


If as Principal:

         /   /   The Notes are being offered at varying prices related to
                 prevailing market prices at the time of resale.

         /   /   The Notes are being offered at a fixed initial public offering
                 price of ____% of principal amount.

If as Agent:

         The Notes are being offered at a fixed initial public offering price
         of 100% of principal amount.

/ X /    Other Provisions:  (see attached)

                                  Bear, Stearns & Co., Inc.
                                  -------------------------

             /   /  Merrill Lynch & Co.

                                    /   /  CS First Boston

                                                     /   /  Salomon Brothers Inc


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