Exhibit 12

ADVANTA CORP. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

		Three Months Ended						Nine Months Ended
		September 30,						September 30,
($ in thousands)		2003			2002			2003			2002
Income from continuing operations		$	6,851		$	6,316		$	19,037		$	17,674
Income tax expense			4,289			3,954			11,917			11,064
Earnings before income taxes			11,140			10,270			30,954			28,738
Fixed charges:
	Interest		12,965			11,052			37,347			36,531
	One-third of all rentals		428			466			1,732			1,389
	Preferred stock dividend of subsidiary trust (2)		2,248			2,248			6,743			6,743
	Total fixed charges		15,641			13,766			45,822			44,663
Earnings before income taxes and fixed charges		$	26,781		$	24,036		$	76,776		$	73,401
Ratio of earnings to fixed charges (1)			1.71	x		1.75	x		1.68	x		1.64	x

(1)	For purposes of computing these ratios, “earnings” represent income before income taxes plus fixed charges. “Fixed charges” consist of interest expense, one-third (the portion deemed representative of the interest factor) of rental expense on operating leases, and preferred stock dividends of subsidiary trust.
(2)	The expense related to preferred stock dividend of subsidiary trust is classified as interest expense on the consolidated income statements effective July 1, 2003 in accordance with SFAS No. 150, “Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity.”