Form 10Q/A
                                   
                  SECURITIES AND EXCHANGE COMMISSION
                        Washington, D.C. 20549
                                   
[X]  Quarterly report pursuant to section 13 or 15(d) of the
    Securities Exchange Act of 1934 for the quarterly period ended
    September 30, 1997 or
     
[ ]  Transition report pursuant to section 13 or 15(d) of the
    Securities Exchange Act of 1934 for the transition period from
    ______ to _______
                                   
                    Commission File Number 0-14120
                                   
                            Advanta Corp.
        (Exact name of registrant as specified in its charter)

            Delaware                               23-1462070
(State or other jurisdiction of               (I.R.S. Employer
 incorporation or organization)              Identification No.)

Welsh and McKean Roads, P.O. Box 844, Spring House, PA       19477
         (Address of Principal Executive Offices)          (Zip Code)

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

Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90
days.

Yes   X        No 

*   Applicable only to issuers involved in bankruptcy proceedings
    during the preceding five years:

Indicate by check mark whether the registrant has filed all documents
and reports required to be filed by Sections 12, 13 or 15(d) of the
Securities Exchange Act of 1934 subsequent to the distribution of
securities under a plan confirmed by a court.

Yes            No 

*  Applicable only to corporate issuers:

Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.

         Class A                      Outstanding at November 1, 1997
Common Stock, $.01 par value               18,193,512 shares
         Class B                      Outstanding at November 1, 1997
Common Stock, $.01 par value               26,131,211 shares


9) Selected Balance Sheet Information
     
    Other Assets
                                        September 30,   December 31,
                                            1997           1996
    Retained interest only strip -                               
     personal finance loans               $198,976       $149,418
    Prepaid assets                         158,215        117,934
    Accrued interest receivable             88,220        101,021
    Investment in affordable housing        66,493         48,059
    Servicing advances-mortgage             65,576         34,503
    Deferred costs                          48,142         42,252
    Investments in operating leases         13,702         17,276
    Due from trustees - business                                 
     loans and leases                        6,265          5,326
    Retained interest only strip -                               
     business loans and leases               2,884         14,205
    Current and deferred federal                                 
     income taxes                                0         28,169
    Goodwill                                 5,224          5,795
    Other real estate owned                    486          2,513
    Other                                   70,613         59,812
    Total other assets                    $724,796       $626,283


    Other Liabilities
                                        September 30,   December 31,
                                            1997           1996
    Accounts payable and accrued                                    
      expenses                            $ 56,800       $ 59,432
    Accrued interest payable                94,902         55,320
    Deferred fees and other reserves        22,733         86,877
    Current and deferred income taxes       48,453         10,300
    Other                                   39,925         97,852
    Total other liabilities               $262,813       $309,781



                               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 thereto duly authorized.
     
                                             Advanta Corp.
     
                                             (Registrant)
     
     
    November 14, 1997                By  /s/Elizabeth H. Mai
                                         Senior Vice President and
                                         General Counsel
     
    November 14, 1997                By  /s/John J. Calamari
                                         Vice President, Finance and
                                         Principal Accounting Officer