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Pricing Supplement dated August 20, 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
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<S> <C>
Principal Amount: $5,000,000 Interest Rate: 7.020%
Agent's Discount or Commission: $22,500 Stated Maturity Date: 8/23/2001
Net Proceeds to Issuer: $4,977,500 Original Issue Date: 8/23/96
Issue Price: 100% Trade Date: 8/20/96
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Interest Payment Dates: The 23rd day of each Cusip No.: 00756QBZ0
February and August
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Day Count Convention:
/X/ 30/360 for the period from 8/23/96 to 8/22/2001
/ / 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:
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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: Prudential Securities Incorporated
/ / Salomon Brothers Inc
/ / CS First Boston
/ / Donaldson, Lufkin & Jenrette
Securities Corporation
/ / Merrill Lynch & Co.
