ADVANTA CORP
424B3, 1996-09-05
PERSONAL CREDIT INSTITUTIONS
Previous: ADVANTA CORP, 424B3, 1996-09-05
Next: ADVANTA CORP, 424B3, 1996-09-05



<PAGE>   1


Pricing Supplement dated September 4, 1996                    Rule 424(b)(3)
(To Prospectus dated July  8, 1996 and                        File No. 333-05701
Prospectus Supplement dated July 8, 1996)

                                 ADVANTA CORP.
                   MEDIUM-TERM NOTES, SERIES C - FIXED RATE
<TABLE>
<S>                                                                 <C>
=======================================================================================================
Principal Amount:  $10,000,000                                      Interest Rate: 6.880%
Agent's Discount or Commission:  $20,000                            Stated Maturity Date:  9/09/98
Net Proceeds to Issuer:  $9,980,000                                 Original Issue Date:  9/09/96
Issue Price: 100%                                                   Trade Date:  9/04/96    
=======================================================================================================
Interest Payment Dates:  The 9th day of each                        Cusip No.:  00756QCE6
                         March and September
</TABLE>

Day Count Convention:

         / X/    30/360 for the period from 9/09/96 to 9/08/98

         /  /    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:  United States 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:

<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.

/   /    Other Provisions:

         / X/  Salomon Brothers Inc

                          /  /  CS First Boston

                                     /   / Donaldson, Lufkin & Jenrette
                                                Securities Corporation

                                                       /   / Merrill Lynch & Co.


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission