ADVANTA CORP
424B3, 1994-01-18
PERSONAL CREDIT INSTITUTIONS
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<PAGE>   1

Pricing Supplement dated January 13, 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 - Floating Rate
<TABLE>
<S>                                                     <C>                  
=============================================================================================================
Principal Amount:  $12,500,000                          Initial Interest Rate:   To be determined on 1/19/94
Agent's Discount or Commission:   $31,250               Stated Maturity Date:  1/22/96
Net Proceeds to Issuer:  $12,468,750                    Original Issue Date:  1/21/94
Issue Price:  100%                                      Trade Date:  1/13/94                     
=============================================================================================================
Calculation Agent:  The Chase Manhattan Bank            Cusip No.:   00756QAB4
                    (National Association)
</TABLE>

Interest Calculation:

<TABLE>
    <S>                                                 <C>
    /X/Regular Floating Rate Note                       / /Floating Rate/Fixed Rate Note
                                                             (Fixed Rate Commencement Date):
                                                                (Fixed Interest Date):
    / /Inverse Floating Rate Note
       (Fixed Interest Rate):

    / /Other Floating Rate Note (see attached)
</TABLE>


Interest Rate Basis:

<TABLE>
    <S>                                                      <C>
    / /CD Rate                                               / /Commercial Paper Rate

    / /Eleventh District Cost of Funds Rate                  / /Federal Funds Rate

    /X/LIBOR            Index Currency:  U.S. Dollars

             / /LIBOR Reuters                                / /Treasury Rate

             /X/LIBOR Telerate                               / /Other (see attached)
</TABLE>

<TABLE>
<S>                                                            <C>
Initial Interest Reset Date:  3/16/94                          Spread (+/-):+40 bps
Interest Reset Dates: Third Wednesday of March,                Spread Multiplier:n/a
                      June, September and December
                      of each year
Interest Payment Dates:  Third Wednesday of March,             Maximum Interest Rate:n/a
                         June, September and December
                         of each year 
Index Maturity:   3 months LIBOR                                Minimum Interest Rate:n/a
</TABLE>

Day Count Convention:

             / /  30/360 for the period from          to

             /X/  Actual/360 for the period from 1/21/94 to 1/22/96

             / /  Actual/Actual for the period from          to
<PAGE>   2
Redemption:

            /X/The Notes cannot be redeemed prior to the Stated Maturity Date.

            / /The Notes may be redeemed prior to Stated Maturity Date.
               Initial Redemption Date:
               Initial Redemption Percentage: --%
               Annual Redemption Percentage Reduction: --% until Redemption 
               Percentage is 100% of the principal amount.

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.
               Optional Repayment Date(s):
               Repayment Price: --%

Curency:

         Specified Currency: U.S. Dollars
         (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:

Form:

         /X/Book Entry     / /Certificated

Agent acting in the capacity as indicated below:

         /X/Agent          / /Principal

If as Principal: n/a

         / /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 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)  Agent: The CMS Group Inc.
                                     --------------------------

            / /Merrill Lynch & Co.

                                   / /CS First Boston

                                                       / /Salomon Brothers Inc




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