Exhibit 12

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

	Three Months Ended						Nine Months Ended
($ in thousands)	September 30,						September 30,
	2005			2004			2005			2004
Income from continuing operations	$	16,155		$	10,600		$	103,207		$	30,871
Income tax expense		10,329			6,921			31,871			20,155
Earnings before income taxes		26,484			17,521			135,078	(1)		51,026
Fixed charges:
Interest on debt, deposits and other borrowings		13,012			8,950			34,736			26,748
Interest on subordinated debt payable to preferred securities trust		2,289			2,289			6,868			6,868
One-third of all rentals		411			378			1,212			1,420
Total fixed charges		15,712			11,617			42,816			35,036
Earnings before income taxes and fixed charges	$	42,196		$	29,138		$	177,894		$	86,062
Ratio of earnings to fixed charges(2)		2.69	x		2.51	x		4.15	x		2.46	x

(1)	Earnings before income taxes in the nine months ended September 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.