UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) June 4, 2007

Advanta Corp.

(Exact name of registrant as specified in its charter)

Delaware	0-14120	23-1462070
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

Welsh & McKean Roads, P.O. Box 844, Spring House, Pennsylvania	19477
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code (215) 657-4000

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01. Other Events.

On June 4, 2007, Advanta Corp. (the “Company”) welcomed stockholders, directors and employees to its 2007 Annual Meeting of Stockholders. At the meeting, stockholders elected two incumbent directors: Dennis Alter and Dana Becker Dunn. The stockholders approved the Advanta Corp. Office of the Chairman Cash Bonus Plan which is designed to provide performance-based cash bonuses to members of the Office of the Chairman. The current members of the Office of the Chairman are Dennis Alter, Chairman of the Board of Directors and Chief Executive Officer, and William A. Rosoff, President and Vice Chairman of the Board of Directors. In addition, the stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2007.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Advanta Corp.                (Registrant)
Date: June 6, 2007
	By:	/s/ Elizabeth Mai
		Elizabeth H. Mai
		Senior Vice President, Chief Administrative Officer, Secretary and General Counsel