ADVANTA CORP
424B3, 1995-05-01
PERSONAL CREDIT INSTITUTIONS
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<PAGE>   1
Pricing Supplement dated April 28, 1995                      Rule 424(b)(3)
(To Prospectus dated November 8, 1993 and                    File No. 33-50883
Prospectus Supplement dated December 22, 1994)

                                 ADVANTA CORP.
                  Medium-Term Notes, Series B - Floating Rate

<TABLE>
<S>                                                <C>
===========================================================================================================
Principal Amount: $10,000,000                      Initial Interest Rate:  6.5375%
Agent's Discount or Commission:   $25,000          Stated Maturity Date:  5/2/97
Net Proceeds to Issuer:  $19,975,000               Original Issue Date: 5/2/95
Issue Price:  100%                                 Trade Date:  4/28/95                                     
===========================================================================================================
Calculation Agent:  Chase Manhattan Bank                    Cusip No.:  00756QBF4
</TABLE>

Interest Calculation:

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

         /  /    Other Floating Rate Note (see attached)

Interest Rate Basis:

         /  /    CD Rate                                    /  /    Commercial Paper Rate

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

         /X /    LIBOR                 Index Currency:

                 /  /     LIBOR Reuters                     /  /    Treasury Rate

                 /X /     LIBOR Telerate                    /  /    Other
                                         
         /  /    CMT Rate
                  Designated CMT Telerate Page
                  Designated CMT Maturity Index

Initial Interest Reset Date:  6/21/95                       Spread (+/-):  +35
Interest Reset Dates:  The third Wednesday of               Spread Multiplier:  N/A
                       each June, September,                Maximum Interest Rate:  N/A
                       December and March                   Minimum Interest Rate:  N/A
Interest Payment Dates:  The third Wednesday of                                        
                         each June, September,                                         
                         December and March                 
                         

Index Maturity:  3-Month LIBOR
</TABLE>

Day Count Convention:

         /  /    30/360 for the period from                        to

         /X /    Actual/360 for the period from  5/2/95 to  5/2/97

         /  /    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.
<PAGE>   2
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: ________%

Currency:

         Specified Currency:  U.S. Dollars
         (If other than U.S. dollars, see attached)

         Minimum Denominations:  N/A
         (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:

         /  /    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:  

                  Donaldson Lufkin & Jenrette Securities Corp.

          /  /  Merrill Lynch & Co.

                                 /  /  CS First Boston

                                                      /  /  Salomon Brothers Inc


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