ADVANTA CORP
424B3, 1996-12-31
PERSONAL CREDIT INSTITUTIONS
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<PAGE>   1

Pricing Supplement dated December 29, 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)*
- --------                   ---------         ------       --------            ---------          ------

<C>                          <C>              <C>         <C>                   <C>               <C>
91 Days                      5.31%            5.45%       One Year              6.06%             6.25%
Six Months                   5.59%            5.75%       Two Years             6.16%             6.35%
Eighteen Months              6.11%            6.30%       Four Years            6.39%             6.60%
Thirty Months                6.30%            6.50%       Five Years            6.67%             6.90%
</TABLE>








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


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