Exhibit 12

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

	Three Months Ended				Six Months Ended
	June 30,				June 30,
($ in thousands)	2008		2007		2008		2007
Income from continuing operations	$	4,015	$	22,712	$	22,377	$	44,160
Income tax expense		3,461		13,933		14,789		27,761
Earnings before income taxes		7,476		36,645		37,166		71,921
Fixed charges:
Interest on debt, deposits and other borrowings		27,720		21,316		53,547		41,561
Interest on subordinated debt payable to preferred securities trust		2,317		2,317		4,634		4,634
One-third of all rentals		469		457		936		931
Total fixed charges		30,506		24,090		59,117		47,126
Earnings before income taxes and fixed charges	$	37,982	$	60,735	$	96,283	$	119,047
Ratio of earnings to fixed charges(1)		1.25x		2.52x		1.63x		2.53x

(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.