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Pricing Supplement No.3 dated August 22, 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.: 00757GAC3 Interest Rate: 7.10%
Aggregate Principal Amount: $172,000 Maturity Date: 8/28/2000
Total Agents' Discount or Commission: $1,720 Issue Date: 8/27/97
Net Proceeds to Issuer: $170,280 Trade Date: 8/22/97
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<TABLE>
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------
Agent's Discount Net Proceeds to
Name of Agent Principal Amount on Commission Issuer
- ---------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C>
Legg Mason Wood Walker, Incorporated $147,000 $1,470 $145,530
- ---------------------------------------------------------------------------------------------------------------
Sage Rutty & Co. $ 25,000 $ 250 $ 24,750
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</TABLE>
Interest Payment Dates: September 15, 1997 and the 15th day of each succeeding
calendar month thereafter through and including July
15, 2000 and on the Maturity Date.
Day Count Convention:
[ X ] 30/360 for the period from 8/27/97 to 8/27/2000
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 principle 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.
[ ] Other Provisions:
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[ ] PaineWebber Incorporated
[ X ] Legg Mason Wood Walker, Incorporated
[ X ] Sage Rutty & Co.