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Pricing Supplement No. 7 dated September 5, 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
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Cusip No.: 00757GAG4 Interest Rate: 7.00%
Aggregate Principal Amount: $45,000 Maturity Date: 9/10/99
Total Agents' Discount or Commission: $337.50 Issue Date: 9/10/97
Net Proceeds to Issuer: $44,662.50 Trade Date: 9/05/97
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<TABLE>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------
Agent's Discount Net Proceeds to
Name of Agent Principal Amount or Commission Issuer
- -------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Sage Rutty & Co. $45,000 $337.50 $ 44,662.50
- -------------------------------------------------------------------------------------------------------------
</TABLE>
Interest Payment Dates: October 15, 1997 and the 15th day of each succeeding
calendar month thereafter through and including
August 15, 1999 and on the Maturity Date.
Day Count Convention:
[X] 30/360 for the period from 9/10/97 to 9/09/99.
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.
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.
If as Agent:
The Notes are being offered at a fixed initial public offering price of
100% of principal amount.
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[ ] Other Provisions:
[ ] PaineWebber Incorporated
[ ] Legg Mason Wood Walker, Incorporated
[X] Sage Rutty & Co.