Pricing Supplement dated August 27, 2006                         Rule #424(b)(3)
(To Prospectus dated August 18, 2006)                        File No. 333-136724

                                  ADVANTA CORP.
          For use only by residents of: CA, CO, CT, DE, FL, GA, KS, MA,
                             MD, MN, NJ, OR and PA

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            ADVANTA INVESTMENT NOTES -- MINIMUM INVESTMENT $5,000 (1)
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            Term           Interest Rate         Annual Percentage Yield (2) (3)
            ----           -------------         -------------------------------
           3 month             5.12%                          5.25%
           6 month             5.35%                          5.50%
          12 month             5.59%                          5.75%
          18 month             5.73%                          5.90%
          24 month             5.83%                          6.00%
          30 month             5.97%                          6.15%
           3 year              6.06%                          6.25%
           4 year              6.30%                          6.50%
           5 year              6.77%                          7.00%
           7 year              7.23%                          7.50%
          10 year              7.70%                          8.00%

1    $5,000 is the Minimum Investment amount for residents of CA, CO, CT, DE,
     FL, GA, KS, MA, MD, MN, NJ, OR, PA who purchase an Investment Note or renew
     a maturing Investment Note. The Minimum Investment amount for residents of
     Utah who purchase an Investment Note or renew a maturing Investment Note is
     $1,000.

2    The stated Annual Percentage Yields (APYs) assume all interest reinvested
     daily at the stated rate.

3    The stated APYs do not include Additional Interest (as defined in the
     prospectus dated August 18, 2006) being offered only to residents of Utah
     who purchase an Investment Note or renew a maturing Investment Note. The
     Additional Interest for Utah residents consists of a bonus over the APYs
     currently in effect for all other investors who purchase an Investment Note
     or renew a maturing Investment Note for the same term. The Additional
     Interest available in Utah on Investment Notes is as follows for each of
     the terms indicated: 0.15% for the 3-month term, 0.25% for the 12-month
     term, 0.35% for the 18-month term, 0.50% for the 24-month term, 0.45% for
     the 30-month term, 0.75% for the 3-year term, 1.00% for the 4-year term,
     1.00% for the 5-year term, 1.50% for the 7-year term and 2.00% for the
     10-year term.

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     REDIRESERVE VARIABLE RATE CERTIFICATES -- MINIMUM INVESTMENT $5,000 (4)
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           Balance Tier        Interest Rate     Annual Percentage Yield (5) (6)
           ------------        -------------     -------------------------------
         $100 to $4,999            4.50%                   4.60%
         $5,000 to $24,999         4.55%                   4.65%
         $25,000 to $49,999        4.60%                   4.71%
         $50,000 plus              4.65%                   4.76%

4    $5,000 is the Minimum Investment amount for initial investments by
     residents of CA, CO, CT, DE, FL, GA, KS, MA, MD, MN, NJ, OR, PA who
     purchase a RediReserve Variable Rate Certificate. The Minimum Investment
     amount for initial investments by residents of Utah who purchase a
     RediReserve Variable Rate Certificate is $1,000.

5    The stated Annual Percentage Yields (APYs) assume all interest reinvested
     daily at the stated rate. The interest rate we pay on any particular
     RediReserve Certificate depends on the tier into which the holder's
     end-of-the-day balance falls. We will not pay interest on a RediReserve
     Certificate for any day on which the end-of-the-day balance is less than
     $100. Interest rates and APYs for each tier may change from week to week
     and will apply to outstanding RediReserve Certificates. We currently set
     the interest rates each Sunday and they are effective through Saturday.
     Interest rates for each one week period, currently commencing on Sunday,
     will be at least equal to the rate on the thirteen week U.S. Treasury Bill
     auctioned on the immediately preceding Monday less one percent (1%).

6    The stated APYs do not include Additional Interest (as defined in the
     prospectus dated August 18, 2006) being offered only to residents of Utah
     who purchase a RediReserve Variable Rate Certificate or add additional
     funds to an existing RediReserve Variable Rate Certificate then held by the
     investor. The Additional Interest for Utah residents consists of a bonus
     over the APYs currently in effect for all other investors who purchase a
     RediReserve Variable Rate Certificate or add additional funds to an
     existing RediReserve Variable Rate Certificate. The Additional Interest
     available in Utah on RediReserve Variable Rate Certificates is as follows
     for each Balance Tier indicated: 0.74% for $100 - $4,999, 0.74% for $5,000
     - $24,999, 0.73% for $25,000 - $49,999 and 0.74% for $50,000 plus. We
     reserve the right to increase or decrease the amount of Additional Interest
     applicable to RediReserve Variable Rate Certificates each Sunday, including
     the right to eliminate Additional Interest on RediReserve Variable Rate
     Certificates, and the new amount of Additional Interest applicable to each
     Balance Tier, if any, will be effective through the following Saturday.

                  ADDITIONAL INFORMATION - RECENT DEVELOPMENTS

We file annual, quarterly and special reports, proxy statements and other
information, including information about recent developments, with the SEC. You
may read and copy any document we file at the following public reference room
maintained by the SEC at: 100 F STREET NE, ROOM 1580, WASHINGTON, D.C. 20549.

You may obtain information on the operation of the SEC's public reference room
by calling the SEC at 1-800-SEC-0330. Our SEC filings also are available to the
public from the SEC's Internet website at http://www.sec.gov.

AN OFFER CAN ONLY BE MADE BY THE PROSPECTUS DATED AUGUST 18, 2006, IN
CONJUNCTION WITH THIS PRICING SUPPLEMENT. SEE "RISK FACTORS" BEGINNING AT PAGE
11 OF THE PROSPECTUS FOR A DISCUSSION OF CERTAIN FACTORS WHICH SHOULD BE
CONSIDERED IN CONNECTION WITH AN INVESTMENT IN THE NOTES AND REDIRESERVE
CERTIFICATES. THE NOTES AND REDIRESERVE CERTIFICATES REPRESENT OBLIGATIONS OF
ADVANTA CORP. AND ARE NOT INSURED OR GUARANTEED BY THE FDIC OR ANY GOVERNMENTAL
OR PRIVATE ENTITY.

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      For More Information Call                 Utah Residents, Please Call
           1-800-223-7074                             1-800-259-5862
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