ADVANTA CORP
424B3, 1996-10-15
PERSONAL CREDIT INSTITUTIONS
Previous: TAYLOR DEVICES INC, 10QSB, 1996-10-15
Next: ADVANTA CORP, 424B3, 1996-10-15



<PAGE>   1





Pricing Supplement dated October 13, 1996                        Rule 424(b)(3)
(To Prospectus dated October 23, 1995)                        File No. 33-62601

                         $190,587,000 Principal Amount

                                 Advanta Corp.

                                  91 Day Notes
                      Six, Eighteen and Thirty Month Notes
             One, Two, Three, Four, Five, Seven and Ten Year Notes



<TABLE>
<CAPTION>
                                           Annual                                             Annual
                          Interest       Percentage                         Interest        Percentage
                            Rate            Yield                             Rate            Yield
 Maturity                 Per Annum        (APY)*        Maturity           Per Annum         (APY)*
 --------                 ---------        -----         --------           ---------         ----- 
 <S>                        <C>             <C>          <C>                  <C>              <C>
 91 Days                    5.50%           5.65%        One Year             6.25%            6.45%
 Six Months                 5.78%           5.95%        Two Years            6.35%            6.56%
 Eighteen Months            6.30%           6.50%        Four Years           6.58%            6.80%
 Thirty Months              6.49%           6.70%        Five Years           6.77%            7.00%
</TABLE>





__________________________________

* Effective annual yield assumes interest reinvested at the current daily rate.
  Substantial penalty for early withdrawal.
  


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