-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0001127602-08-009032.txt : 20081110
<SEC-HEADER>0001127602-08-009032.hdr.sgml : 20081110
<ACCEPTANCE-DATETIME>20081110134318
ACCESSION NUMBER:		0001127602-08-009032
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20081106
FILED AS OF DATE:		20081110
DATE AS OF CHANGE:		20081110

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ADVANTA CORP
		CENTRAL INDEX KEY:			0000096638
		STANDARD INDUSTRIAL CLASSIFICATION:	PERSONAL CREDIT INSTITUTIONS [6141]
		IRS NUMBER:				231462070
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		P.O. BOX 844
		STREET 2:		WELSH & MCKEAN ROADS
		CITY:			SPRING HOUSE
		STATE:			PA
		ZIP:			19477
		BUSINESS PHONE:		2154445341

	MAIL ADDRESS:	
		STREET 1:		C/O WELSH & MCKEAN ROADS
		STREET 2:		P.O. BOX 844
		CITY:			SPRING HOUSE
		STATE:			PA
		ZIP:			19477-0844

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TSO FINANCIAL CORP
		DATE OF NAME CHANGE:	19880306

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TEACHERS SERVICE ORGANIZATION INC
		DATE OF NAME CHANGE:	19850812

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ALTER DENNIS
		CENTRAL INDEX KEY:			0000903359

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14120
		FILM NUMBER:		081174618

	MAIL ADDRESS:	
		STREET 1:		ADVANTA CORP
		STREET 2:		P O BOX 844
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-11-06</periodOfReport>

    <issuer>
        <issuerCik>0000096638</issuerCik>
        <issuerName>ADVANTA CORP</issuerName>
        <issuerTradingSymbol>ADVNB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000903359</rptOwnerCik>
            <rptOwnerName>ALTER DENNIS</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>WELSH &amp; MCKEAN ROADS</rptOwnerStreet1>
            <rptOwnerStreet2>P.O. BOX 918</rptOwnerStreet2>
            <rptOwnerCity>SPRING HOUSE</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>194770918</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <officerTitle>Chairman of the Board</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-11-06</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>25100</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.44</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2759105</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-11-07</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>15800</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.26</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>2774905</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Class A Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>827542</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Trust dated 5/11/1984</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The price in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $2.30 to $2.60. The reporting person undertakes to provide to Advanta Corp., any security holder of Advanta Corp. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in footnote (1) of this Form 4.</footnote>
        <footnote id="F2">The price in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $2.15 to $2.38. The reporting person undertakes to provide to Advanta Corp., any security holder of Advanta Corp. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price with the ranges set forth in footnote (2) of this Form 4.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Liane Browne, attorney-in-fact for Reporting Person</signatureName>
        <signatureDate>2008-11-10</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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