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Pricing Supplement No. 12 dated September 12 1997 Rule 424(b)(3)
(To Prospectus dated July 8, 1996 and File No. 333-05701
Prospectus Supplement dated August 7, 1997)
ADVANTA CORP.
VALUE NOTES(SM), SERIES A - FIXED RATE
<TABLE>
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<S> <C>
Cusip No.: 00757GAM1 Interest Rate: 7.85%
Aggregate Principal Amount: $150,000 Maturity Date: 9/17/2004
Total Agents' Discount or Commission: $2,250 Issue Date: 9/17/97
Net Proceeds to Issuer: $147,750 Trade Date: 9/12/97
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</TABLE>
<TABLE>
<CAPTION>
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Agent's Discount Net Proceeds
Name of Agent Principal Amount or Commission to Issuer
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<S> <C> <C> <C>
Legg Mason Wood Walker, Incorporated $150,000 $2,250 $147,750
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</TABLE>
Interest Payment Dates: October 15, 1997 and the 15th day of each succeeding
calendar month through and including August 15, 2004
and on the Maturity Date; provided however, that if this
Note is redeemed at the option of the Company prior to
the Maturity Date, the final Interest Payment Date shall
be the Redemption Date (as defined herein).
Day Count Convention:
[X] 30/360 for the period from 9/17/97 to 9/16/2004
Redemption:
[ ] The Notes cannot be redeemed prior to the Stated Maturity
Date.
[X] The Notes may be redeemed prior to the Stated Maturity Date.
Initial Redemption Date: October 15, 2000
Initial Redemption Percentage: 100%
Annual Redemption Percentage Reduction: 0%.
See "Other Provisions" below.
Form: [X] Book Entry
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.
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If as Agent:
The Notes are being offered at a fixed initial public offering
price of 100% of principal amount.
[X] Other Provisions: This Note may be redeemed by the Company on October 15,
2000 (the "Initial Redemption Date") and on any Interest
Payment Date thereafter (each, a "Redemption Date"), on
written notice given not more than 60 nor less than 30
days prior to such Redemption Date. In the event of any
such redemption by the Company, the Redemption Price
shall be 100% of the principal amount of this Note.
[ ] PaineWebber Incorporated
[X] Legg Mason Wood Walker, Incorporated
[ ] Sage Rutty & Co.
