Exhibit 12

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

	Three Months Ended
($ in thousands)	March 31,
	2008			2007
Net income	$	18,362		$	21,448
Income tax expense		11,328			13,828
Earnings before income taxes		29,690			35,276
Fixed charges:
Interest on debt, deposits and other borrowings		25,827			20,245
Interest on subordinated debt payable to preferred securities trust		2,317			2,317
One-third of all rentals		467			474
Total fixed charges		28,611			23,036
Earnings before income taxes and fixed charges	$	58,301		$	58,312
Ratio of earnings to fixed charges(1)		2.04	x		2.53	x

(1) 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. Fixed charges do not include interest expense related to unrecognized tax benefits, which we classify as income tax expense.