ADVANTA CORP
424B3, 1996-07-29
PERSONAL CREDIT INSTITUTIONS
Previous: ADVANTA CORP, 424B3, 1996-07-29
Next: ADVANTA CORP, 424B3, 1996-07-29



<PAGE>   1
Pricing Supplement dated July 24, 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
=============================================================================
Principal Amount:  $11,000,000                  Interest Rate:  7.2800% 
Agent's Discount or Commission:$49,500          Stated Maturity Date:  7/30/01 
Net Proceeds to Issuer: $10,950,500             Original Issue Date:  7/29/96 
Issue Price: 100%                               Trade Date: 7/24/96
=============================================================================
Interest Payment Dates:  January 29 and July 29 Cusip No.:  00756QBQ0
                         each year until
                         January 29, 2001 with a
                         final interest payment on
                         July 30, 2001

Day Count Convention:
  [X] 30/360 for the period from 7/29/96 to 7/29/01
  [ ] 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:  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:





<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:

     [ ]  Salomon Brothers Inc

                            [X]  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