Exhibit 12

ADVANTA CORP. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Three Months Ended						Six Months Ended
($ in thousands)	June 30,						June 30,
	2005			2004			2005			2004
Income from continuing operations	$	14,382		$	10,832		$	87,052		$	20,271
Income tax expense		9,195			7,071			21,542			13,234
Earnings before income taxes		23,577			17,903			108,594	(1)		33,505
Fixed charges:
Interest on debt, deposits and other borrowings		11,428			8,556			21,724			17,798
Interest on subordinated debt payable to preferred securities trust		2,290			2,290			4,579			4,579
One-third of all rentals		415			408			801			1,042
Total fixed charges		14,133			11,254			27,104			23,419
Earnings before income taxes and fixed charges	$	37,710		$	29,157		$	135,698		$	56,924
Ratio of earnings to fixed charges(2)		2.67	x		2.59	x		5.01	x		2.43	x

(1)	Earnings before income taxes in the six months ended June 30, 2005 includes a $67.7 million gain on transfer of consumer credit card business relating to our May 28, 2004 agreement with Bank of America.
(2)	For purposes of computing these ratios, “earnings” represent income before income taxes plus fixed charges. “Fixed charges” consist of interest expense and one-third (the portion deemed representative of the interest factor) of rental expense on operating leases.