**Exhibit 99.2**
**Independent Accountants’ Report**
Advanta Bank Corp., as ServicerAdvanta Business Receivables Corp., as Transferor
     We have examined the accompanying management assertion that Advanta BankCorp. (the “Servicer”) complied with the requirements of Article III andSections 2.09 and 5.08 of the Transfer and Servicing Agreement dated as ofAugust 1, 2000 among Advanta Bank Corp., as Servicer, Advanta BusinessReceivables Corp., as Transferor, and Wilmington Trust Company, as OwnerTrustee, and the applicable provisions of the Master Indenture, namely Sections5.01 (e), 8.03 (a), 8.03 (b), 8.04, 8.05 and 8.08 and the applicable provisionsof each Series’ Indenture Supplement, specifically those provisions referencedin the attached Exhibit I, among Wilmington Trust Company, as Owner Trustee andDeutsche Bank Trust Company Americas, as Indenture Trustee, during the yearended December 31, 2003. Advanta Bank Corp.’s management is responsible forAdvanta Bank Corp.’s compliance with those requirements. Our responsibility isto express an opinion on management’s assertion about the Servicer’s compliancebased on our examination.
     Our examination was conducted in accordance with attestation standardsestablished by the American Institute of Certified Public Accountants and,accordingly, included examining, on a test basis, evidence about the Servicer’scompliance with those requirements and performing such other procedures as weconsidered necessary in the circumstances. We believe that our examinationprovides a reasonable basis for our opinion. Our examination does not providea legal determination on the Servicer’s compliance with specified requirements.
     In performing this examination, we have assumed the accuracy of thereports prepared by the Servicer’s third party credit card processor and didnot extend our assessment to the relevant aspects of the Servicer’s compliancethat are the responsibility of the third party credit card processor.Accordingly, our assessment does not extend to those aspects of the Servicer’scompliance that are the responsibility of the third party credit cardprocessor, and we do not express any form of assurance on those complianceaspects.
     In our opinion, management’s assertion that the Servicer complied with theaforementioned requirements during the year ended December 31, 2003 is fairlystated, in all material respects.
     This report is intended solely for the information and use of thespecified addressees, and is not intended to be and should not be used byanyone other than these specified parties.
/s/ KPMG LLP
March 5, 2004
 

 

EXHIBIT I
**ADVANTA BUSINESS CARD MASTER TRUST**
**APPLICABLE SERIES INDENTURE SUPPLEMENT PROVISIONS**               **SERIES 2000-B** **SERIES 2000-C** **SERIES 2001-A** **SERIES 2002-A** **SERIES 2003-A** **SERIES 2003-B** **SERIES 2003-C** **SERIES 2003-D**3.01 (b) 3.01 (b) 3.01 (b) 3.01 (b) 3.01 (b) 3.01 (b) 3.01 (b) 3.01 (b)4.01 4.01 4.01 4.01 4.01 4.01 4.01 4.014.02 4.02 4.02 4.02 4.02 4.02 4.02 4.024.03 4.03 4.03 4.03 4.03 4.03 4.03 4.034.04 4.04 4.04 4.04 4.04 4.04 4.04 4.044.05 4.05 4.05 4.05 4.05 4.05 4.05 4.054.06 4.06 4.06 4.06 4.06 4.06 4.06 4.064.07 4.07 4.07 4.07 4.07 4.07 4.07 4.074.08 4.08 4.08 4.08 4.08 4.08 4.08 4.084.09 (a) 4.09 (a) 4.09 (a) 4.09 (a) 4.09 (a) 4.09 (a) 4.09 (a) 4.09 (a)4.10 (a) 4.10 (a) 4.10 (a) 4.10 (a) 4.10 (a) 4.10 (a) 4.10 (a) 4.10 (a)4.11 (a) 4.11 (a) 4.11 (a) 4.11 (a) 4.11 (a) 4.11 (a) 4.11 (a) 4.11 (a)5.03 (b) 5.03 (b) 5.03 (b) 5.03 (b) 5.03 (b) 5.03 (b) 5.03 (b) 5.03 (b)6.01 (c) 6.01 (c) 6.01 (c) 6.01 (c) 6.01 (c) 6.01 (c) 6.01 (c) 6.01 (c)               
 

 

**ASSERTION BY ADVANTA BANK CORP.**
The management of Advanta Bank Corp. (the “Servicer”) is responsible forcomplying with the requirements of Article III and Sections 2.09 and 5.08 ofthe Transfer and Servicing Agreement dated as of August 1, 2000 among AdvantaBank Corp., as Servicer, Advanta Business Receivables Corp., as Transferor, andWilmington Trust Company, as Owner Trustee, and the applicable provisions ofthe Master Indenture, namely Sections 5.01 (e), 8.03 (a), 8.03 (b), 8.04, 8.05and 8.08 and the applicable provisions of each Series’ Indenture Supplement,specifically those provisions referenced in the attached Exhibit I, amongWilmington Trust Company, as Owner Trustee and Deutsche Bank Trust CompanyAmericas, as Indenture Trustee.
Management has performed an evaluation of the Servicer’s compliance and basedon this evaluation management believes that the Servicer has complied with therequirements of the sections of the agreements referred to above during theyear ended December 31, 2003.
In providing this assertion on compliance, we have assumed the accuracy of thereports prepared by the Servicer’s third party credit card processor and didnot extend our assessment to the relevant aspects of the Servicer’s compliancethat are the responsibility of the third party credit card processor.Accordingly, our assessment does not extend to those aspects of the Servicer’scompliance that are the responsibility of the third party credit cardprocessor, and we do not express any form of assurance on those complianceaspects.   /s/ David B. Weinstock  David B. Weinstock  *Vice President, Accounting*     /s/ Michael Coco