##### 



Managements Assertion on Compliance with Applicable Servicing Criteria
 1.
    
    Advanta Bank Corp. (ABC) is responsible for assessing compliance with the servicing
criteria applicable to it under paragraph (d) of Item 1122 of Regulation AB, as of and for the
period from May 1, 2006 (the first day of the related distribution period in which the Advanta
Business Card Master Trust (ABCMT) first issued securities subject to Regulation AB) through
December 31, 2006 (the Reporting Period), as set forth in Appendix A hereto. The
transactions covered by this report include all asset-backed securities transactions conducted
by the ABCMT backed by revolving business purpose credit card receivables for which ABC acted
as servicer (the Platform). The Transfer and Servicing Agreement between Advanta Business Receivables
Corp., ABC and ABCMT was amended May 9, 2006 to facilitate compliance with the provisions
of Regulation AB;2.
    
    ABC has engaged certain vendors (the Vendors) to perform specific, limited or scripted
activities, and ABC elects to take responsibility for assessing compliance with the servicing
criteria or portion of the servicing criteria applicable to such Vendors activities as set
forth in Appendix A hereto;3.
    
    Except as set forth in paragraph 4 below, ABC used the criteria set forth in paragraph (d) of
Item 1122 of Regulation AB to assess the compliance with the applicable servicing criteria;4.
    
    The criteria listed in the column titled Inapplicable Servicing Criteria on Appendix A
hereto are inapplicable to ABC based on the activities it performs, directly or through its
Vendors, with respect to the Platform;5.
    
    ABC has complied, in all material respects, with the applicable servicing criteria as of
December 31, 2006 and for the Reporting Period with respect to the Platform taken as a whole;6.
    
    ABC has not identified and is not aware of any material instance of noncompliance by the
Vendors with the applicable servicing criteria as of December 31, 2006 and for the Reporting
Period with respect to the Platform taken as a whole;7.
    
    ABC has not identified any material deficiency in its policies and procedures to monitor the
compliance by the Vendors with the applicable servicing criteria as of December 31, 2006 and
for the Reporting Period with respect to the Platform taken as a whole;and8.
    
    KPMG LLP, an independent registered public accounting firm, has issued an attestation report
on ABCs assessment of compliance with the applicable servicing criteria as of December 31, 2006 and for the Reporting
Period.
 ADVANTA BANK CORP./s/ Michael CocoMichael CocoVice President and Treasurer
Date: March 29, 2007/s/ David B. WeinstockDavid B. WeinstockVice President
Date: March 29, 2007




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##### 



INAPPLICABLEAPPLICABLE
    
    SERVICINGSERVICING CRITERIA
    
    SERVICING CRITERIA
    
    CRITERIAPerformed byPerformed
    
    subservicer(s)
    
    NOTby
    
    or vendor(s)
    
    performed byVendor(s)
    
    for which
    
    ABC or byPerformed
    
    for which
    
    ABC is NOT
    
    subservicer(s)Directly
    
    ABC is the
    
    the
    
    or vendor(s)By
    
    Responsible
    
    Responsible
    
    retained byReference
    
    Criteria
    
    ABC
    
    Party
    
    Party
    
    ABCGeneral Servicing Considerations1122(d)(1)(i)
    
    Policies and procedures are
instituted to monitor any
performance or other triggers and
events of default in accordance
with the transaction agreements.
    
    X1122(d)(1)(ii)
    
    If any material servicing
activities are outsourced to
third parties, policies and
procedures are instituted to
monitor the third partys
performance and compliance with
such servicing activities.
    
    X1122(d)(1)(iii)
    
    Any requirements in the
transaction agreements to
maintain a back-up servicer for
the pool assets are maintained.
    
    
    
    
    
    
    
    X1122(d)(1)(iv)
    
    A fidelity bond and errors
and omissions policy is in effect
on the party participating in the
servicing function throughout the
reporting period in the amount of
coverage required by and
otherwise in accordance with the
terms of the transaction
agreements.
    
    
    
    
    
    
    
    XCash Collection and Administration1122(d)(2)(i)
    
    Payments on pool assets are
deposited into the appropriate
custodial bank accounts and
related bank clearing accounts no
more than two business days
following receipt, or such other
number of days specified in the
transaction agreements.
    
    X11122(d)(2)(ii)
    
    Disbursements made via wire
transfer on behalf of an obligor
or to an investor are made only
by authorized personnel.
    
    
    
    
    
    
    
    X1122(d)(2)(iii)
    
    Advances of funds or
guarantees regarding collections,
cash flows or distributions, and
any interest or other fees
charged for such advances, are
made, reviewed and approved as
specified in the transaction
agreements.
    
    
    
    
    
    
    
    X1122(d)(2)(iv)
    
    The related accounts for the
transaction, such as cash reserve
accounts or accounts established
as a form of
overcollateralization, are
separately maintained (e.g., with
respect to commingling of cash)
as set forth in the transaction
agreements.
    
    X2
 
 1
    
    ABC disburses payments on pool assets to the indenture
trustee no more than two business days following receipt, or such other number
of days specified in the transaction agreements and directs the indenture
trustee to make deposits into the appropriate custodial bank accounts and
related bank clearing accounts. The indenture trustee (another party
participating in the servicing function for which ABC is not the responsible
party) deposits the payments into the appropriate custodial bank accounts and
related bank clearing accounts.2
    
    The transaction accounts have been established at and
maintained with the indenture trustee, (another party participating in the
servicing function for which ABC is not the responsible party).




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##### 



INAPPLICABLEAPPLICABLE
    
    SERVICINGSERVICING CRITERIA
    
    SERVICING CRITERIA
    
    CRITERIAPerformed byPerformed
    
    subservicer(s)
    
    NOTby
    
    or vendor(s)
    
    performed byVendor(s)
    
    for which
    
    ABC or byPerformed
    
    for which
    
    ABC is NOT
    
    subservicer(s)Directly
    
    ABC is the
    
    the
    
    or vendor(s)By
    
    Responsible
    
    Responsible
    
    retained byReference
    
    Criteria
    
    ABC
    
    Party
    
    Party
    
    ABC1122(d)(2)(v)
    
    Each custodial account is
maintained at a federally insured
depository institution as set
forth in the transaction
agreements. For purposes of this
criterion, federally insured
depository institution with
respect to a foreign financial
institution means a foreign
financial institution that meets
the requirements of Rule
13k-1(b)(1) of the Securities
Exchange Act.
    
    X31122(d)(2)(vi)
    
    Unissued checks are
safeguarded so as to prevent
unauthorized access.
    
    
    
    
    
    
    
    X1122(d)(2)(vii)
    
    Reconciliations are prepared
on a monthly basis for all
asset-backed securities related
bank accounts, including
custodial accounts and related
bank clearing accounts. These
reconciliations are (A)
mathematically accurate; (B)
prepared within 30 calendar days
after the bank statement cutoff
date, or such other number of
days specified in the transaction
agreements; (C) reviewed and
approved by someone other than
the person who prepared the
reconciliation; and (D) contain
explanations for reconciling
items. These reconciling items
are resolved within 90 calendar
days of their original
identification, or such other
number of days specified in the
transaction agreements.
    
    XInvestor Remittances and Reporting1122(d)(3)(i)
    
    Reports to investors,
including those to be filed with
the Commission, are maintained in
accordance with the transaction
agreements and applicable
Commission requirements.
Specifically, such reports (A)
are prepared in accordance with
timeframes and other terms set
forth in the transaction
agreements; (B) provide
information calculated in
accordance with the terms
specified in the transaction
agreements; (C) are filed with
the Commission as required by its
rules and regulations; and (D)
agree with investors or the
trustees records as to the total
unpaid principal balance and
number of pool assets serviced by
the Servicer.
    
    X1122(d)(3)(ii)
    
    Amounts due to investors are
allocated and remitted in
accordance with timeframes,
distribution priority and other
terms set forth in the
transaction agreements.
    
    X41122(d)(3)(iii)
    
    Disbursements made to an
investor are posted within two
business days to the Servicers
investor records, or such other
number of days specified in the
transaction agreements.
    
    
    
    
    
    
    
    X1122(d)(3)(iv)
    
    Amounts remitted to investors
per the investor reports agree
with cancelled checks, or other
form of payment, or custodial
bank statements.
    
    
    
    
    
    
    
    X
 
 3
    
    The transaction accounts have been established at and
maintained with the indenture trustee, (another party participating in the
servicing function for which ABC is not the responsible party).4
    
    ABC allocates amounts to investors and makes authorized
disbursements to the indenture trustee for disbursement to investors. The
indenture trustee (another party participating in the servicing function for
which ABC is not the responsible party) makes authorized disbursements to
investors.




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##### 



INAPPLICABLEAPPLICABLE
    
    SERVICINGSERVICING CRITERIA
    
    SERVICING CRITERIA
    
    CRITERIAPerformed byPerformed
    
    subservicer(s)
    
    NOTby
    
    or vendor(s)
    
    performed byVendor(s)
    
    for which
    
    ABC or byPerformed
    
    for which
    
    ABC is NOT
    
    subservicer(s)Directly
    
    ABC is the
    
    the
    
    or vendor(s)By
    
    Responsible
    
    Responsible
    
    retained byReference
    
    Criteria
    
    ABC
    
    Party
    
    Party
    
    ABCPool Asset Administration1122(d)(4)(i)
    
    Collateral or security on
pool assets is maintained as
required by the transaction
agreements or related mortgage
loan documents.
    
    
    
    
    
    
    
    X1122(d)(4)(ii)
    
    Pool asset and related
documents are safeguarded as
required by the transaction
agreements
    
    X1122(d)(4)(iii)
    
    Any additions, removals or
substitutions to the asset pool
are made, reviewed and approved
in accordance with any conditions
or requirements in the
transaction agreements.
    
    X1122(d)(4)(iv)
    
    Payments on pool assets,
including any payoffs, made in
accordance with the related pool
asset documents are posted to the
Servicers obligor records
maintained no more than two
business days after receipt, or
such other number of days
specified in the transaction
agreements, and allocated to
principal, interest or other
items (e.g., escrow) in
accordance with the related pool
asset documents.
    
    X5
    
    X61122(d)(4)(v)
    
    The Servicers records
regarding the pool assets agree
with the Servicers records with
respect to an obligors unpaid
principal balance.
    
    X1122(d)(4)(vi)
    
    Changes with respect to the
terms or status of an obligors
pool assets (e.g., loan
modifications or re-agings) are
made, reviewed and approved by
authorized personnel in
accordance with the transaction
agreements and related pool asset
documents.
    
    X1122(d)(4)(vii)
    
    Loss mitigation or recovery
actions (e.g., forbearance plans,
modifications and deeds in lieu
of foreclosure, foreclosures and
repossessions, as applicable) are
initiated, conducted and
concluded in accordance with the
timeframes or other requirements
established by the transaction
agreements.
    
    X1122(d)(4)(viii)
    
    Records documenting
collection efforts are maintained
during the period a pool asset is
delinquent in accordance with the
transaction agreements. Such
records are maintained on at
least a monthly basis, or such
other period specified in the
transaction agreements, and
describe the entitys activities
in monitoring delinquent pool
assets including, for example,
phone calls, letters and payment
rescheduling plans in cases where
delinquency is deemed temporary
(e.g., illness or unemployment).
    
    X
 
 5
    
    ABC performs all of the functions under criterion
1122(d)(4)(iv) except for the lockbox and electronic funds transfer functions,
which are specific, limited activities. Payments are posted to accounts based
upon ABCs criteria on a vendors data processing system, which is
a specific, limited activity.6
    
    For criterion 1122(d)(4)(iv), vendors perform only
specific, limited activities of lockbox and electronic funds transfer functions
and posting payments to accounts based upon ABCs criteria on a
vendors data processing system.




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##### 



INAPPLICABLEAPPLICABLE
    
    SERVICINGSERVICING CRITERIA
    
    SERVICING CRITERIA
    
    CRITERIAPerformed byPerformed
    
    subservicer(s)
    
    NOTby
    
    or vendor(s)
    
    performed byVendor(s)
    
    for which
    
    ABC or byPerformed
    
    for which
    
    ABC is NOT
    
    subservicer(s)Directly
    
    ABC is the
    
    the
    
    or vendor(s)By
    
    Responsible
    
    Responsible
    
    retained byReference
    
    Criteria
    
    ABC
    
    Party
    
    Party
    
    ABC1122(d)(4)(ix)
    
    Adjustments to interest rates
or rates of return for pool
assets with variable rates are
computed based on the related
pool asset documents.
    
    X7
    
    X81122(d)(4)(x)
    
    Regarding any funds held in
trust for an obligor (such as
escrow accounts): (A) such funds
are analyzed, in accordance with
the obligors pool asset
documents, on at least an annual
basis, or such other period
specified in the transaction
agreements; (B) interest on such
funds is paid, or credited, to
obligors in accordance with
applicable pool asset documents
and state laws; and (C) such
funds are returned to the obligor
within 30 calendar days of full
repayment of the related pool
assets, or such other number of
days specified in the transaction
agreements.
    
    
    
    
    
    
    
    X1122(d)(4)(xi)
    
    Payments made on behalf of an
obligor (such as tax or insurance
payments) are made on or before
the related penalty or expiration
dates, as indicated on the
appropriate bills or notices for
such payments, provided that such
support has been received by the
Servicer at least 30 calendar
days prior to these dates, or
such other number of days
specified in the transaction
agreements.
    
    
    
    
    
    
    
    X1122(d)(4)(xii)
    
    Any late payment penalties in
connection with any payment to be
made on behalf of an obligor are
paid from the Servicers funds
and not charged to the obligor,
unless the late payment was due
to the obligors error or
omission.
    
    
    
    
    
    
    
    X1122(d)(4)(xiii)
    
    Disbursements made on behalf
of an obligor are posted within
two business days to the
obligors records maintained by
the Servicer, or such other
number of days specified in the
transaction agreements.
    
    
    
    
    
    
    
    X1122(d)(4)(xiv)
    
    Delinquencies, charge-offs
and uncollectible accounts are
recognized and recorded in
accordance with the transaction
agreements.
    
    X9
    
    X101122(d)(4)(xv)
    
    Any external enhancement or
other support, identified in Item
1114(a)(1) through (3) or Item
1115 of Regulation AB, is
maintained as set forth in the
transaction agreements.
    
    
    
    
    
    
    
    X
 
 7
    
    ABC performs all of the functions under criterion
1122(d)(4)(ix) except for the specific, limited activity of automated
adjustments performed based upon ABCs criteria on a vendors data
processing system.8
    
    The vendor performs only specific, limited activity of
automated adjustments based upon ABCs criteria on the vendors
data processing system for criterion 1122(d)(4)(ix).9
    
    ABC performs all of the functions under criterion
1122(d)(4)(xiv). The specific, limited activity of calculating the number of
days an account is delinquent is calculated based upon ABCs criteria on
a vendors data processing system.10
    
    The vendor performs the specific, limited activity of
calculating the number of days an account is delinquent based upon ABCs
criteria on the vendors data processing system for criterion
1122(d)(4)(xiv).