<PAGE>
                                                                    EXHIBIT 99.1


       INDEPENDENT ACCOUNTANTS' REPORT ON APPLYING AGREED-UPON PROCEDURES

To Advanta Bank Corp. as Servicer and Administrator and
Wilmington Trust Company as Owner Trustee:

We have performed the procedures enumerated below, which were agreed to by
Advanta Bank Corp. (an indirect wholly owned subsidiary of Advanta Corp.) as
Servicer and Administrator, solely to assist the Servicer and Wilmington Trust
Company as Owner Trustee (collectively, the "Specified Users") in evaluating
Advanta Bank Corp.'s compliance with Section 3.06 (a) and 5.08 and Article III
of the Transfer and Servicing Agreement dated as of August 1, 2000, among
Advanta Bank Corp., as Servicer, Advanta Business Receivables Corp., as
Transferor, and Wilmington Trust Company, as Owner Trustee, and the applicable
provisions of the Master Indenture, namely Section 5.01 (e), 8.03 (a), 8.03 (b),
8.04, 8.05 and 8.08 and the applicable provisions of each Series' Indenture
Supplement, specifically those provisions referenced in the attached Exhibit I,
among Wilmington Trust Company, as Owner Trustee and Bankers Trust Company, as
Indenture Trustee, during the 12 month period from July 2001 through June 2002.
Advanta Bank Corp.'s management is responsible for Advanta Bank Corp.'s
compliance with those requirements.

This agreed-upon procedures engagement was conducted in accordance with
attestation standards established by the American Institute of Certified Public
Accountants. The sufficiency of these procedures is solely the responsibility of
those parties specified in this report. Consequently, we make no representations
regarding the sufficiency of the procedures described below either for the
purpose for which this report has been requested or for any other purpose.

The following conventions have been adopted in presenting our procedures and
findings:

      -     The term "compared" means compared to and found to be in agreement
            with, unless otherwise noted. Such compared amounts, numbers and
            percentages are deemed to be in agreement if differences are
            considered immaterial (see below for definition of immaterial).

      -     The term "verified" means verified with and found to be in agreement
            with, unless otherwise noted. Such verified amounts, numbers,
            percentages and characteristics are deemed to be in agreement if
            differences are considered immaterial (see below for definition of
            immaterial).

      -     The term "recalculated" means calculated and found the amount,
            number or percentage so calculated to be in agreement with, unless
            otherwise noted. Such recalculated amounts are deemed to be in
            agreement if differences are considered immaterial (see below for
            definition of immaterial). We recalculated certain arithmetic totals
            and percentages using system reports and formulas provided to us by
            the Servicer and found the amounts so calculated to be in agreement.
            We make no representation regarding the accuracy or adequacy of the
            system reports and formulas provided to us by the Servicer.

<PAGE>

      -     The term "immaterial" means that (i) amounts and numbers are within
            0.05% of the recalculated amount for each respective period and (ii)
            percentages are within 0.05% of the recalculated percentage.

With respect to the 12 month period from July 2001 through June 2002, we
performed the procedures enumerated below:

      i)    Verified that the Servicer maintains a Collection Account, Excess
            Funding Account, Principal Funding Account, Reserve Account, and
            Cash Collateral Account, as required by the applicable Indenture
            Supplement, by reading the applicable bank statements, without
            exception.

      ii)   Recalculated the daily finance charge collections amount processed
            by the Servicer on the last day of each month for the applicable
            period, using information contained in the CD-124 report prepared by
            First Data Resources, Inc. (FDR), the Servicer's third party
            processing agent, as of the applicable period and the applicable
            Total Floating Investor Percentage calculated from the sum of each
            Series Floating Investor Percentage included on the applicable Form
            of Monthly Noteholder's Statement ("the Statement"), and then
            compared such amounts to the Bankers Trust Company bank statement as
            of the applicable period and verified that such amounts were
            deposited not later than two business days following the date of
            collection, without exception.

      iii)  For each month of the 12 month period from July 2001 through June
            2002, we compared the aggregate amount of the Closing Principal and
            Closing Finance Charge Pool Totals per the CD-124 reports as of the
            applicable period to the Closing Balance per the FDR CD-121 report,
            which agrees to the general ledger, as of the applicable period,
            without exception.

      iv)   Obtained from the Servicer an electronic data file, which was
            represented by the Servicer to contain all accounts added ("Account
            Additions") to the Trust during the month of April 2002 and to
            contain information about certain receivables as of March 31, 2002.
            The Servicer represented that the information contained on the data
            file was provided by FDR.

            From information contained in the data file, we verified that the
            March 31, 2002 accounts were appropriately segregated into portfolio
            code 20 on the FDR CD-124 report and the Account Additions during
            the month of April 2002 were in compliance with the criteria defined
            in Section 2.09 of the Transfer and Servicing Agreement without
            exception.

      v)    For each month of the 12 month period from July 2001 through June
            2002, we recalculated the amount of Investor Principal Collections
            processed for the applicable payment date, appearing in the
            applicable Statement, using information contained in the CD-124
            report prepared by FDR as of the applicable period and the Floating
            Investor Percentage(s) or the Principal Investor Percentage(s), as
            applicable, per the applicable Statement as of the applicable period
            and then verified that the amount of Investor Principal Collections
            processed for the applicable payment date was allocated
            appropriately, without exception.

<PAGE>

      vi)   For each month of the 12 month period from July 2001 through June
            2002, we recalculated the amount of Available Finance Charge
            Collections processed for the applicable payment date, appearing in
            the applicable Statement, using information contained in the CD-124
            report prepared by FDR as of the applicable period, the applicable
            monthly bank statement as of the applicable period, the Floating
            Investor Percentage(s) per the applicable Statement as of the
            applicable period and the "Interchange Allocation Schedule"
            prepared by the Servicer as of the applicable period and then
            verified that the aggregate amount of Available Finance Charge
            Collections was allocated appropriately and will not be available to
            the Noteholders of any other Series, without exception.

      vii)  For each month of the 12 month period from July 2001 through June
            2002, we recalculated the Class A Monthly Interest, Class B Monthly
            Interest and Class C Monthly Interest, as applicable, for such
            payment date, appearing in the applicable Statement, using
            information contained in third party bank statements as of the
            applicable period and the applicable Series Indenture Supplement and
            then verified that the distributable amount of Class A Monthly
            Interest, Class B Monthly Interest and Class C Monthly Interest, as
            applicable, was calculated appropriately, without exception.

      viii) For each month of the 12 month period from July 2001 through June
            2002, we recalculated the Net Portfolio Yield and the Base Rate for
            the related Monthly Period, appearing in the applicable Statement,
            using information contained in the CD-124 report prepared by FDR as
            of the applicable period, the aggregate amount of Available Finance
            Charge Collections per the applicable Statement as of the applicable
            period, the applicable Series Indenture Supplement, the Monthly
            Servicing Fee per the applicable Statement as of the applicable
            period, and the Class A Monthly Interest, Class B Monthly Interest,
            Class C Monthly Interest and Class D Monthly Interest, as
            applicable, for such payment date per the applicable Statement as of
            the applicable period and the Monthly Series Enhancement Fee, as
            applicable, per the applicable Statement as of the applicable period
            and then verified that the average of the Net Portfolio Yield for
            any three consecutive monthly periods is greater than the average of
            the Base Rates for such periods without exception.

In connection with the above procedures, we did not evaluate or perform any
testing of the accuracy or adequacy of the information, systems or databases
furnished by FDR.

We were not engaged to, and did not, conduct an examination, the objective of
which would be the expression of an opinion on Advanta Bank Corp.'s compliance
with the Transfer and Servicing Agreement, the Master Indenture and each Series'
Indenture Supplement. Accordingly, we do not express such an opinion. Had we
performed additional procedures, other matters might have come to our attention
that would have been reported to you.

This report is intended solely for the information and use of the Specified
Users, and is not intended to be and should not be used by anyone other than the
Specified Users.


                                  /s/ KPMG LLP

September 27, 2002

<PAGE>

                               ADVANTA BANK CORP.

                                                                       EXHIBIT I

                APPLICABLE SERIES INDENTURE SUPPLEMENT PROVISIONS

<TABLE>
<CAPTION>
      SERIES 1997-A            SERIES 2000-A           SERIES 2000-B            SERIES 2000-C           SERIES 2001-A
      -------------            -------------           -------------            -------------           -------------
<S>                            <C>                     <C>                      <C>                     <C>
        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
          4.02                     4.02                     4.02                    4.02                     4.02
          4.03                     4.03                     4.03                    4.03                     4.03
          4.04                     4.04                     4.04                    4.04                     4.04
          4.05                     4.05                     4.05                    4.05                     4.05
          4.07                     4.06                     4.06                    4.06                     4.06
          4.08                     4.07                     4.07                    4.07                     4.07
        4.11 (a)                   4.08                     4.08                    4.08                     4.08
        5.03 (a)                   4.09                   4.09 (a)                4.09 (a)                 4.09 (a)
        6.01 (c)                 4.10 (a)                 4.10 (a)                4.10 (a)                 4.10 (a)
                                 4.11 (a)                 4.11 (a)                4.11 (a)                 4.11 (a)
                                 4.12 (a)                 5.03 (b)                5.03 (b)                 5.03 (b)
                                 5.03 (b)                 6.01 (c)                6.01 (c)                 6.01 (c)
                                 6.01 (d)
</TABLE>

<PAGE>

       INDEPENDENT ACCOUNTANTS' REPORT ON APPLYING AGREED-UPON PROCEDURES

To Advanta Bank Corp. as Servicer:

We have performed the procedures enumerated below, which were agreed to by
Advanta Bank Corp. (an indirect wholly owned subsidiary of Advanta Corp.) as
Servicer (the "Specified User"), solely to assist the Specified User in
evaluating Advanta Bank Corp.'s compliance with (1) Section 3.06 (b) of the
Transfer and Servicing Agreement (the Agreement) dated as of August 1, 2000, by
and between Advanta Business Receivables Corp. as Transferor, Advanta Bank Corp.
as Servicer and Wilmington Trust Company, as Owner Trustee on behalf of the
Noteholders of the Advanta Business Card Master Trust; and (2) the Series 2000-B
Indenture Supplement dated as of August 1, 2000, by and between Advanta Business
Card Master Trust as Issuer and Bankers Trust Company as Indenture Trustee, with
respect to the Form of Monthly Noteholder's Statement (the "Statement" or
"Exhibit C") and the Form of Monthly Payment Instructions and Notification to
the Indenture Trustee (the "Exhibit B Statement" or "Exhibit B") forwarded by
the Servicer pursuant to section 3.04 (b) of the Agreement during the 12 month
period from July 2001 through June 2002. Advanta Bank Corp.'s management is
responsible for Advanta Bank Corp.'s compliance with those requirements.

This agreed-upon procedures engagement was conducted in accordance with
attestation standards established by the American Institute of Certified Public
Accountants. The sufficiency of these procedures is solely the responsibility of
those parties specified in this report. Consequently, we make no representations
regarding the sufficiency of the procedures described below either for the
purpose for which this report has been requested or for any other purpose.


The following conventions have been adopted in presenting our procedures and
findings:

      -     The term "compared" means compared to and found to be in agreement
            with, unless otherwise noted. Such compared amounts, numbers and
            percentages are deemed to be in agreement if differences are
            considered immaterial (see below for definition of immaterial).

      -     The term "recalculated" means calculated and found the amount,
            number or percentage so calculated to be in agreement with, unless
            otherwise noted. Such recalculated amounts are deemed to be in
            agreement if differences are considered immaterial (see below for
            definition of immaterial). We recalculated certain arithmetic totals
            and percentages appearing in the above referenced Statements using
            system reports and formulas provided to us by the Servicer and found
            the amounts so calculated to be in agreement with the Statements. We
            make no representation regarding the accuracy or adequacy of the
            system reports and formulas provided to us by the Servicer.

      -     The term "immaterial" means that (i) amounts and numbers are within
            0.05% of the recalculated amount for each respective period and (ii)
            percentages are within 0.05% of the recalculated percentage.

With respect to amounts, numbers and percentages shown on each Statement, for
the 12 month period from July 2001 through June 2002, referred to in Section
3.06(b) of the Agreement, and

<PAGE>

Exhibit's B and C of the Series 2000-B Indenture and as included in the attached
Exhibits, we have performed the procedures enumerated below:

      i)    Recalculated the Floating Investor Percentage(s), appearing in
            Section V (7) of the Statement from July 2001 through June 2002, and
            as included in Exhibits I and IV attached hereto, using information
            contained in the CD-124 report prepared by First Data Resources,
            Inc. (FDR), the Servicer's third party processing agent, as of the
            applicable period, and the Series 2000-B Indenture Supplement,
            without exception.

      ii)   Recalculated the amount of Investor Principal Collections applicable
            to Series 2000-B processed for the applicable Payment Date,
            appearing in Section V (9) of the Statement from July 2001 through
            June 2002, and as included in Exhibits I and IV attached hereto,
            using information contained in the CD-124 report prepared by FDR as
            of the applicable period, and the Floating Investor Percentage(s)
            recalculated in procedure i) as of the applicable period, without
            exception.

      iii)  Recalculated the aggregate amount of Available Finance Charge
            Collections processed for the applicable Payment Date, appearing in
            Section V (10a) and Section V (10b) of the Statement from July 2001
            through June 2002, and as included in Exhibits I and IV attached
            hereto, using information contained in the CD-124 report prepared by
            FDR as of the applicable period, the Bankers Trust Company (the
            "Indenture Trustee") monthly bank statement as of the applicable
            period, the "Interchange Allocation Schedule" prepared by the
            Servicer as of the applicable period, and the Floating Investor
            Percentage(s) recalculated in procedure i) as of the applicable
            period, without exception.

      iv)   Compared the accounts which were Delinquent between 30 days and 59
            days, Delinquent between 60 days and 89 days, Delinquent between 90
            days and 119 days, Delinquent between 120 days and 149 days,
            Delinquent between 150 days and 179 days, Delinquent 180 days or
            greater and the Aggregate delinquencies, appearing in Section IV
            (14) (a-g) of the Statement from July 2001 through February 2002 and
            in Section IV (16) (a-g) of the Statement from March 2002 through
            June 2002, and as included in Exhibits II and V attached hereto,
            using information contained in the CD-124 report prepared by FDR as
            of the applicable period, without exception.

      v)    Recalculated the Class A Monthly Interest, Class B Monthly Interest
            and Class C Monthly Interest for such Payment Date, appearing in
            Section I (A) (1), Section I (B) (1), and Section I (D) (2) of the
            Exhibit B Statement from July 2001 through June 2002, and as
            included in Exhibits III and VI attached hereto, using information
            contained in the "Advanta Business Card Master Trust Series 2000-B
            Rate Set" monthly statement prepared by the Indenture Trustee as of
            the applicable period, and the Series 2000-B Indenture Supplement,
            without exception.

      vi)   Recalculated the Monthly Servicing Fee, appearing in Section I (C)
            of the Exhibit B Statement from July 2001 through June 2002, and as
            included in Exhibits III and VI attached hereto, using information
            contained in the Series 2000-B Indenture Supplement, without
            exception.

<PAGE>

      vii)  Recalculated the Transferor Percentage, appearing in Section IV (10)
            of the Statement from July 2001 through February 2002 and in Section
            IV (12) of the Statement from March 2002 through June 2002, and as
            included in Exhibits III and VI attached hereto, using information
            contained on the Statement as of the applicable period, without
            exception.

      viii) Recalculated the Net Portfolio Yield and the Base Rate for the
            related Monthly Period, appearing in Section V (13) (c) and Section
            V (13) (d) of the Statement from July 2001 through June 2002, and as
            included in Exhibits III and VI attached hereto, using information
            contained in the CD-124 report prepared by FDR as of the applicable
            period, the aggregate amount of Available Finance Charge Collections
            recalculated in procedure iii) as of the applicable period, the
            Series 2000-B Indenture Supplement, the Monthly Servicing Fee
            recalculated in procedure vi) as of the applicable period, the Class
            A Monthly Interest, Class B Monthly Interest and Class C Monthly
            Interest for such Payment Date recalculated in procedure v) as of
            the applicable period, and information contained on the Statement as
            of the applicable period, without exception.

In connection with the above procedures, we did not evaluate or perform any
testing of the accuracy or adequacy of the information, systems or databases
furnished by FDR.

We were not engaged to, and did not, conduct an examination, the objective of
which would be the expression of an opinion on the Statement and Exhibit B
Statement. Accordingly, we do not express such an opinion on the Statement and
Exhibit B Statement. Had we performed additional procedures, other matters might
have come to our attention that would have been reported to you.

This report is intended solely for the information and use of the Specified
User, and is not intended to be and should not be used by anyone other than the
Specified User.


                                  /s/ KPMG LLP

September 27, 2002

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-B

                         JULY 2001 THROUGH FEBRUARY 2002

                                                                       EXHIBIT I

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT and
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
                                    EXHIBIT C                     EXHIBIT C                         EXHIBIT C
STATEMENT SECTION:                SECTION V (7)                 SECTION V (9)                  SECTION V (10a,10b)
-----------------------        -------------------          --------------------           --------------------------
                                    FLOATING                      AMOUNT OF                         AMOUNT OF
                                    INVESTOR                      INVESTOR                      AVAILABLE FINANCE
                                   PERCENTAGE                     PRINCIPAL                    CHARGE COLLECTIONS
          MONTH/                                                 COLLECTIONS                     ON PAYMENT DATE
          PERIOD
-----------------------        -------------------          --------------------           --------------------------
<S>                            <C>                          <C>                            <C>
        July 2001                                                $113,384,420                       $13,521,284
        July 1-22                       32.75%
        July 23-31                      32.52%

       August 2001                                               $114,205,351                       $14,070,406
       August 1-21                    32.5048%
       August 22-31                   31.6787%

      September 2001                                              $94,024,628                       $12,367,893
      September 1-30                  31.5844%

       October 2001                                              $117,473,815                       $14,585,849
       October 1-22                   31.6366%
      October 23-31                   31.6731%

      November 2001                                              $107,320,087                       $13,523,896
      November 1-19                31.5767794%
      November 20-30               30.6589662%

      December 2001                                              $104,957,195                       $12,873,143
      December 1-18                31.0896672%
      December 19-31               30.4861915%

       January 2002                                              $117,013,134                       $14,132,659
       January 1-31                30.4034623%

      February 2002                                               $94,830,593                       $12,589,188
      February 1-19                31.4247942%
      February 20-28               31.0566464%
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-B

                         JULY 2001 THROUGH FEBRUARY 2002
                                                                      EXHIBIT II

      SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT

STATEMENT SECTION:

<TABLE>
<CAPTION>
                   SECTION IV (14) (a)  SECTION IV (14) (b)   SECTION IV (14) (c)  SECTION IV (14) (d)  SECTION IV (14) (e)
                   -------------------  -------------------   -------------------  -------------------  -------------------
                       DELINQUENT           DELINQUENT            DELINQUENT          DELINQUENT           DELINQUENT
                       30-59 DAYS          60 - 89 DAYS         90 - 119 DAYS       120 - 149 DAYS       150 - 179 DAYS
      MONTH
-----------------  -------------------  -------------------   -------------------  -------------------  -------------------
<S>                <C>                  <C>                   <C>                  <C>                  <C>
    July 2001          $31,093,243           $24,959,931          $20,640,821         $17,214,207          $14,045,930

   August 2001         $32,379,897           $23,261,921          $21,214,450         $17,193,183          $15,553,838

  September 2001       $34,780,428           $25,856,371          $20,486,909         $18,859,838          $15,939,962

   October 2001        $37,996,648           $26,297,867          $23,076,116         $18,497,192          $16,693,938

  November 2001        $37,384,296           $28,747,472          $22,903,282         $21,015,311          $17,396,171

  December 2001        $38,320,339           $30,088,958          $24,419,520         $20,968,204          $20,150,029

   January 2002        $41,686,460           $29,192,428          $25,380,941         $20,389,071          $19,617,862

  February 2002        $46,438,784           $32,111,063          $25,001,432         $21,930,375          $19,917,986
</TABLE>

<TABLE>
<CAPTION>
                   SECTION IV (14) (f)  SECTION IV (14) (g)
                   -------------------  -------------------
                      DELINQUENT            AGGREGATE
                     180 DAYS PLUS
     MONTH
---------------    -------------------  -------------------
<S>                <C>                  <C>
   July 2001           $114,335           $108,068,467

  August 2001           $67,970           $109,671,258

 September 2001        $205,575           $116,129,083

  October 2001         $321,219           $122,882,981

 November 2001         $390,324           $127,836,856

 December 2001         $364,577           $134,311,627

  January 2002         $212,058           $136,478,820

 February 2002         $340,343           $145,739,983
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-B

                        JULY 2001 THROUGH FEBRUARY 2002
                                                                     EXHIBIT III

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT and
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
STATEMENT SECTION:            EXHIBIT B             EXHIBIT B             EXHIBIT B           EXHIBIT B           EXHIBIT C
                          SECTION I. (A) (1)   SECTION I. (B) (1)    SECTION I. (D) (2)    SECTION I. (C)      SECTION IV (10)
----------------------    ------------------   ------------------    ------------------    --------------      ---------------
                               CLASS A               CLASS B               CLASS C             MONTHLY           TRANSFEROR
                           MONTHLY INTEREST     MONTHLY INTEREST      MONTHLY INTEREST      SERVICING FEE        PERCENTAGE

         MONTH
----------------------    ------------------   ------------------    ------------------    --------------      ---------------
<S>                       <C>                  <C>                   <C>                   <C>                  <C>
       July 2001             $1,652,817              $214,924              $183,681            $1,000,000           18.10%

      August 2001            $1,562,400              $204,187              $175,770            $1,000,000           19.10%

     September 2001          $1,377,067              $182,780              $160,813            $1,000,000           16.33%

      October 2001           $1,017,900              $138,324              $125,606            $1,000,000           16.49%

     November 2001             $909,000              $125,994              $117,338            $1,000,000           17.78%

     December 2001             $925,100              $129,711              $122,526            $1,000,000           19.59%

      January 2002             $738,050              $105,092              $101,119            $1,000,000           16.89%

     February 2002             $754,133              $106,400              $101,267            $1,000,000           18.29%
</TABLE>

 <TABLE>
<CAPTION>
STATEMENT SECTION:            EXHIBIT C           EXHIBIT C
                         SECTION V (13) (C)   SECTION V (13) (D)
---------------------    ------------------   ------------------
                           NET PORTFOLIO           BASE RATE
                               YIELD

        MONTH
---------------------    ------------------   ------------------
<S>                      <C>                   <C>
      July 2001               17.83%                6.35%

     August 2001              19.15%                6.12%

    September 2001            15.67%                5.67%

     October 2001             19.81%                4.75%

    November 2001             17.34%                4.48%

    December 2001             16.21%                4.54%

     January 2002             17.05%                4.05%

    February 2002             14.58%                4.08%
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-B

                          MARCH 2002 THROUGH JUNE 2002
                                                                      EXHIBIT IV

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT and
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
                                    EXHIBIT C             EXHIBIT C               EXHIBIT C
STATEMENT SECTION:                SECTION V (7)         SECTION V (9)       SECTION V (10a, 10b)
---------------------------       -------------         -------------       --------------------
                                    FLOATING              AMOUNT OF               AMOUNT OF
                                    INVESTOR              INVESTOR            AVAILABLE FINANCE
                                   PERCENTAGE             PRINCIPAL          CHARGE COLLECTIONS
          MONTH/                                         COLLECTIONS           ON PAYMENT DATE
          PERIOD
---------------------------       -------------         -------------       --------------------
<S>                               <C>                   <C>                  <C>
        March 2002                                       $113,706,861           $15,036,816
        March 1-24                 30.8971018%
       March 25-31                 30.5604036%

        April 2002                                       $109,237,120           $13,647,702
        April 1-23                 30.7388131%
       April 24-30                 30.2160045%

         May 2002                                        $112,075,468           $13,388,820
         May 1-21                  30.3534924%
        May 22-31                  29.4883081%

        June 2002                                        $104,205,246           $13,004,807
        June 1-25                  29.6185575%
        June 26-30                 28.5993117%
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-B

                          MARCH 2002 THROUGH JUNE 2002
                                                                       EXHIBIT V

      SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT

STATEMENT SECTION:

<TABLE>
<CAPTION>
                          SECTION IV (16) (a)   SECTION IV (16) (b)    SECTION IV (16) (c)    SECTION IV (16) (d)
                          -------------------   -------------------    -------------------    -------------------
                              DELINQUENT           DELINQUENT              DELINQUENT              DELINQUENT
                              30-59 DAYS          60 - 89 DAYS           90 - 119 DAYS           120 - 149 DAYS
          MONTH
----------------------    -------------------   -------------------    -------------------    -------------------
<S>                       <C>                   <C>                    <C>                    <C>
       March 2002             $40,944,774          $35,136,858            $26,387,390             $21,128,616

       April 2002             $39,855,314          $33,005,554            $28,355,959             $22,238,603

        May 2002              $37,241,230          $33,487,953            $26,411,161             $24,157,536

        June 2002             $39,015,620          $31,015,236            $27,186,227             $22,214,630
</TABLE>

<TABLE>
<CAPTION>
                         SECTION IV (16) (e)   SECTION IV (16) (f)   SECTION IV (16) (g)
                         -------------------   -------------------   -------------------
                             DELINQUENT            DELINQUENT             AGGREGATE
                           150 - 179 DAYS         180 DAYS PLUS
          MONTH
----------------------   -------------------   -------------------   -------------------
<S>                      <C>                   <C>                   <C>
       March 2002           $20,176,185                $29,634            $143,803,457

       April 2002           $19,625,760                $20,477            $143,101,669

        May 2002            $20,547,629                     $0            $141,845,510

        June 2002           $22,820,901               $599,945            $142,852,558
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-B

                          MARCH 2002 THROUGH JUNE 2002
                                                                      Exhibit VI

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT and
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
STATEMENT SECTION:            EXHIBIT B            EXHIBIT B             EXHIBIT B           EXHIBIT B            EXHIBIT C
                         SECTION I. (A) (1)    SECTION I. (B) (1)    SECTION I. (D) (2)    SECTION I. (C)      SECTION IV (12)
----------------------   ------------------    ------------------    ------------------    --------------      ---------------
                               CLASS A              CLASS B               CLASS C             MONTHLY            TRANSFEROR
                          MONTHLY INTEREST      MONTHLY INTEREST      MONTHLY INTEREST     SERVICING FEE         PERCENTAGE

         MONTH
----------------------   ------------------    ------------------    ------------------    --------------      ---------------
<S>                      <C>                   <C>                   <C>                   <C>                 <C>
       March 2002             $911,350               $128,078             $121,323           $1,000,000             18.45%

       April 2002             $756,933               $106,733             $101,512           $1,000,000             19.47%

        May 2002              $830,800               $117,309             $111,755           $1,000,000             21.42%

       June 2002              $857,067               $121,030             $115,313           $1,000,000             18.79%
</TABLE>

<TABLE>
<CAPTION>
STATEMENT SECTION:             EXHIBIT C           EXHIBIT C
                           SECTION V (13) (C)  SECTION V (13) (D)
----------------------     ------------------  ------------------
                             NET PORTFOLIO         BASE RATE
                                 YIELD

         MONTH
----------------------     ------------------  ------------------
<S>                        <C>                 <C>
       March 2002                19.64%             4.51%

       April 2002                16.53%             4.09%

        May 2002                 16.36%             4.29%

       June 2002                 16.10%             4.37%
</TABLE>

<PAGE>

       INDEPENDENT ACCOUNTANTS' REPORT ON APPLYING AGREED-UPON PROCEDURES

To Advanta Bank Corp. as Servicer:

We have performed the procedures enumerated below, which were agreed to by
Advanta Bank Corp. (an indirect wholly owned subsidiary of Advanta Corp.) as
Servicer (the "Specified User"), solely to assist the Specified User in
evaluating Advanta Bank Corp.'s compliance with (1) Section 3.06 (b) of the
Transfer and Servicing Agreement (the Agreement) dated as of August 1, 2000, by
and between Advanta Business Receivables Corp. as Transferor, Advanta Bank Corp.
as Servicer and Wilmington Trust Company, as Owner Trustee on behalf of the
Noteholders of the Advanta Business Card Master Trust; and (2) the Series 2000-C
Indenture Supplement dated as of November 1, 2000, by and between Advanta
Business Card Master Trust as Issuer and Bankers Trust Company as Indenture
Trustee, with respect to the Form of Monthly Noteholder's Statement (the
"Statement" or "Exhibit C") and the Form of Monthly Payment Instructions and
Notification to the Indenture Trustee (the "Exhibit B Statement" or "Exhibit B")
forwarded by the Servicer pursuant to section 3.04 (b) of the Agreement during
the 12 month period from July 2001 through June 2002. Advanta Bank Corp.'s
management is responsible for Advanta Bank Corp.'s compliance with those
requirements.

This agreed-upon procedures engagement was conducted in accordance with
attestation standards established by the American Institute of Certified Public
Accountants. The sufficiency of these procedures is solely the responsibility of
those parties specified in this report. Consequently, we make no representations
regarding the sufficiency of the procedures described below either for the
purpose for which this report has been requested or for any other purpose.


The following conventions have been adopted in presenting our procedures and
findings:

      -     The term "compared" means compared to and found to be in agreement
            with, unless otherwise noted. Such compared amounts, numbers and
            percentages are deemed to be in agreement if differences are
            considered immaterial (see below for definition of immaterial).

      -     The term "recalculated" means calculated and found the amount,
            number or percentage so calculated to be in agreement with, unless
            otherwise noted. Such recalculated amounts are deemed to be in
            agreement if differences are considered immaterial (see below for
            definition of immaterial). We recalculated certain arithmetic totals
            and percentages appearing in the above referenced Statements using
            system reports and formulas provided to us by the Servicer and found
            the amounts so calculated to be in agreement with the Statements. We
            make no representation regarding the accuracy or adequacy of the
            system reports and formulas provided to us by the Servicer.

      -     The term "immaterial" means that (i) amounts and numbers are within
            0.05% of the recalculated amount for each respective period and (ii)
            percentages are within 0.05% of the recalculated percentage.

With respect to amounts, numbers and percentages shown on each Statement, for
the 12 month period from July 2001 through June 2002, referred to in Section
3.06(b) of the Agreement, and

<PAGE>

Exhibit's B and C of the Series 2000-C Indenture and as included in the attached
Exhibits, we have performed the procedures enumerated below:

       i)   Recalculated the Floating Investor Percentage(s), appearing in
            Section V (7) of the Statement from July 2001 through June 2002, and
            as included in Exhibits I and IV attached hereto, using information
            contained in the CD-124 report prepared by First Data Resources,
            Inc. (FDR), the Servicer's third party processing agent, as of the
            applicable period, and the Series 2000-C Indenture Supplement,
            without exception.

     ii)    Recalculated the amount of Investor Principal Collections applicable
            to Series 2000-C processed for the applicable Payment Date,
            appearing in Section V (9) of the Statement from July 2001 through
            June 2002, and as included in Exhibits I and IV attached hereto,
            using information contained in the CD-124 report prepared by FDR as
            of the applicable period, and the Floating Investor Percentage(s)
            recalculated in procedure i) as of the applicable period, without
            exception.

     iii)   Recalculated the aggregate amount of Available Finance Charge
            Collections processed for the applicable Payment Date, appearing in
            Section V (10a) and Section V (10b) of the Statement from July 2001
            through June 2002, and as included in Exhibits I and IV attached
            hereto, using information contained in the CD-124 report prepared by
            FDR as of the applicable period, the Bankers Trust Company (the
            "Indenture Trustee") monthly bank statement as of the applicable
            period, the "Interchange Allocation Schedule" prepared by the
            Servicer as of the applicable period, and the Floating Investor
            Percentage(s) recalculated in procedure i) as of the applicable
            period, without exception.

       iv)  Compared the accounts which were Delinquent between 30 days and 59
            days, Delinquent between 60 days and 89 days, Delinquent between 90
            days and 119 days, Delinquent between 120 days and 149 days,
            Delinquent between 150 days and 179 days, Delinquent 180 days or
            greater and the Aggregate delinquencies, appearing in Section IV
            (14) (a-g) of the Statement from July 2001 through February 2002 and
            in Section IV (16) (a-g) of the Statement from March 2002 through
            June 2002, and as included in Exhibits II and V attached hereto,
            using information contained in the CD-124 report prepared by FDR as
            of the applicable period, without exception.

        v)  Recalculated the Class A Monthly Interest, Class B Monthly Interest
            and Class C Monthly Interest for such Payment Date, appearing in
            Section I (A) (1), Section I (B) (1), and Section I (D) (2) of the
            Exhibit B Statement from July 2001 through June 2002, and as
            included in Exhibits III and VI attached hereto, using information
            contained in the "Advanta Business Card Master Trust Series 2000-C
            Rate Set" monthly statement prepared by the Indenture Trustee as of
            the applicable period, and the Series 2000-C Indenture Supplement,
            without exception.

       vi)  Recalculated the Monthly Servicing Fee, appearing in Section I (C)
            of the Exhibit B Statement from July 2001 through June 2002, and as
            included in Exhibits III and VI attached hereto, using information
            contained in the Series 2000-C Indenture Supplement, without
            exception.

<PAGE>

     vii)   Recalculated the Transferor Percentage, appearing in Section IV (10)
            of the Statement from July 2001 through February 2002 and in Section
            IV (12) of the Statement from March 2002 through June 2002, and as
            included in Exhibits III and VI attached hereto, using information
            contained on the Statement as of the applicable period, without
            exception.

     viii)  Recalculated the Net Portfolio Yield and the Base Rate for the
            related Monthly Period, appearing in Section V (13) (c) and Section
            V (13) (d) of the Statement from July 2001 through June 2002, and as
            included in Exhibits III and VI attached hereto, using information
            contained in the CD-124 report prepared by FDR as of the applicable
            period, the aggregate amount of Available Finance Charge Collections
            recalculated in procedure iii) as of the applicable period, the
            Series 2000-C Indenture Supplement, the Monthly Servicing Fee
            recalculated in procedure vi) as of the applicable period, the Class
            A Monthly Interest, Class B Monthly Interest and Class C Monthly
            Interest for such Payment Date recalculated in procedure v) as of
            the applicable period, and information contained on the Statement as
            of the applicable period, without exception.

In connection with the above procedures, we did not evaluate or perform any
testing of the accuracy or adequacy of the information, systems or databases
furnished by FDR.

We were not engaged to, and did not, conduct an examination, the objective of
which would be the expression of an opinion on the Statement and Exhibit B
Statement. Accordingly, we do not express such an opinion on the Statement and
Exhibit B Statement. Had we performed additional procedures, other matters might
have come to our attention that would have been reported to you.

This report is intended solely for the information and use of the Specified
User, and is not intended to be and should not be used by anyone other than the
Specified User.


                                  /s/ KPMG LLP

September 27, 2002

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-C

                         JULY 2001 THROUGH FEBRUARY 2002
                                                                       Exhibit I

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT and
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
                                    EXHIBIT C             EXHIBIT C                  EXHIBIT C
STATEMENT SECTION:                SECTION V (7)         SECTION V (9)           SECTION V (10a,10b)
-------------------------         -------------         -------------           -------------------
                                    FLOATING              AMOUNT OF                  AMOUNT OF
                                    INVESTOR              INVESTOR               AVAILABLE FINANCE
                                   PERCENTAGE             PRINCIPAL             CHARGE COLLECTIONS
          MONTH/                                         COLLECTIONS              ON PAYMENT DATE
          PERIOD
-------------------------         -------------         -------------           -------------------
<S>                               <C>                   <C>                     <C>
        July 2001                                         $75,589,613                $9,014,189
        July 1-22                       21.83%
        July 23-31                      21.68%

       August 2001                                        $76,136,941                $9,380,276
       August 1-21                    21.6699%
       August 22-31                   21.1191%

      September 2001                                      $62,683,185                $8,245,275
      September 1-30                  21.0563%

       October 2001                                       $78,315,970                $9,723,912
       October 1-22                   21.0911%
      October 23-31                   21.1154%

      November 2001                                       $71,546,725                $9,015,931
      November 1-19                21.0511863%
      November 20-30               20.4393108%

      December 2001                                       $69,971,463                $8,582,096
      December 1-18                20.7264448%
      December 19-31               20.3241277%

       January 2002                                       $78,008,756                $9,421,772
       January 1-31                20.2689749%

      February 2002                                       $63,220,395                $8,392,792
      February 1-19                20.9498628%
      February 20-28               20.7044309%
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-C

                         JULY 2001 THROUGH FEBRUARY 2002
                                                                      Exhibit II

      SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT

STATEMENT SECTION:

<TABLE>
<CAPTION>
                   SECTION IV (14) (a)   SECTION IV (14) (b)   SECTION IV (14) (c)  SECTION IV (14) (d)   SECTION IV (14) (e)
                   -------------------   -------------------   -------------------  -------------------   -------------------
                       DELINQUENT            DELINQUENT            DELINQUENT          DELINQUENT             DELINQUENT
                       30-59 DAYS           60 - 89 DAYS         90 - 119 DAYS       120 - 149 DAYS         150 - 179 DAYS
      MONTH
----------------   -------------------   -------------------   -------------------  -------------------   -------------------
<S>                <C>                   <C>                   <C>                  <C>                   <C>
    July 2001          $31,093,243           $24,959,931            $20,640,821         $17,214,207            $14,045,930

   August 2001         $32,379,897           $23,261,921            $21,214,450         $17,193,183            $15,553,838

  September 2001       $34,780,428           $25,856,371            $20,486,909         $18,859,838            $15,939,962

   October 2001        $37,996,648           $26,297,867            $23,076,116         $18,497,192            $16,693,938

  November 2001        $37,384,296           $28,747,472            $22,903,282         $21,015,311            $17,396,171

  December 2001        $38,320,339           $30,088,958            $24,419,520         $20,968,204            $20,150,029

   January 2002        $41,686,460           $29,192,428            $25,380,941         $20,389,071            $19,617,862

  February 2002        $46,438,784           $32,111,063            $25,001,432         $21,930,375            $19,917,986
</TABLE>

<TABLE>
<CAPTION>
                     SECTION IV (14) (f)    SECTION IV (14) (g)
                     -------------------    -------------------
                          DELINQUENT              AGGREGATE
                        180 DAYS PLUS
      MONTH
----------------     -------------------    -------------------
<S>                  <C>                    <C>
    July 2001              $114,335              $108,068,467

   August 2001              $67,970              $109,671,258

  September 2001           $205,575              $116,129,083

   October 2001            $321,219              $122,882,981

  November 2001            $390,324              $127,836,856

  December 2001            $364,577              $134,311,627

   January 2002            $212,058              $136,478,820

  February 2002            $340,343              $145,739,983
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-C

                         JULY 2001 THROUGH FEBRUARY 2002
                                                                     Exhibit III

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT and
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
STATEMENT SECTION:            EXHIBIT B            EXHIBIT B             EXHIBIT B           EXHIBIT B            EXHIBIT C
                         SECTION I. (A) (1)    SECTION I. (B) (1)    SECTION I. (D) (2)    SECTION I. (C)      SECTION IV (10)
---------------------    ------------------    ------------------    ------------------    --------------      ---------------
                               CLASS A              CLASS B               CLASS C             MONTHLY            TRANSFEROR
                          MONTHLY INTEREST      MONTHLY INTEREST      MONTHLY INTEREST     SERVICING FEE         PERCENTAGE

         MONTH
---------------------    ------------------    ------------------    ------------------    --------------      ---------------
<S>                      <C>                   <C>                   <C>                   <C>                 <C>
       July 2001             $1,123,922              $148,191             $127,277             $666,667             18.10%

      August 2001            $1,063,644              $141,033             $122,002             $666,667             19.10%

     September 2001            $940,800              $126,920             $112,187             $666,667             16.33%

      October 2001             $699,222               $96,808              $88,249             $666,667             16.49%

     November 2001             $627,333               $88,746              $82,892             $666,667             17.78%

     December 2001             $640,200               $91,699              $86,818             $666,667             19.59%

      January 2002             $512,656               $74,653              $71,924             $666,667             16.89%

     February 2002             $522,667               $75,367              $71,867             $666,667             18.29%
</TABLE>

<TABLE>
<CAPTION>
STATEMENT SECTION:             EXHIBIT C            EXHIBIT C
                           SECTION V (13) (C)   SECTION V (13) (D)
---------------------      ------------------   ------------------
                             NET PORTFOLIO          BASE RATE
                                 YIELD

         MONTH
---------------------      ------------------   ------------------
<S>                        <C>                  <C>
       July 2001                   17.83%              6.48%

      August 2001                  19.15%              6.26%

     September 2001                15.67%              5.80%

      October 2001                 19.81%              4.87%

     November 2001                 17.34%              4.61%

     December 2001                 16.21%              4.68%

      January 2002                 17.05%              4.17%

     February 2002                 14.58%              4.20%
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-C

                          MARCH 2002 THROUGH JUNE 2002
                                                                      Exhibit IV

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT and
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
                                    EXHIBIT C            EXHIBIT C                  EXHIBIT C
STATEMENT SECTION:                SECTION V (7)        SECTION V (9)           SECTION V (10a,10b)
-------------------------         -------------        -------------           -------------------
                                    FLOATING             AMOUNT OF                  AMOUNT OF
                                    INVESTOR             INVESTOR               AVAILABLE FINANCE
                                   PERCENTAGE            PRINCIPAL             CHARGE COLLECTIONS
          MONTH/                                        COLLECTIONS              ON PAYMENT DATE
          PERIOD
-------------------------         -------------        -------------           -------------------
<S>                               <C>                  <C>                     <C>
        March 2002                                       $75,804,574               $10,024,544
        March 1-24                 20.5980678%
       March 25-31                 20.3736024%

        April 2002                                       $72,824,747                $9,098,468
        April 1-23                 20.4925421%
       April 24-30                 20.1440030%

         May 2002                                        $74,716,978                $8,925,880
         May 1-21                  20.2356616%
        May 22-31                  19.6588721%

        June 2002                                        $69,470,164                $8,669,871
        June 1-25                  19.7457050%
        June 26-30                 19.0662078%
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-C

                          MARCH 2002 THROUGH JUNE 2002
                                                                       Exhibit V

      SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT

STATEMENT SECTION:
<TABLE>
<CAPTION>
                          SECTION IV (16) (a)   SECTION IV (16) (b)   SECTION IV (16)(c)   SECTION IV (16) (d)   SECTION IV (16) (e)
                          -------------------   -------------------   ------------------   -------------------   -------------------
                              DELINQUENT            DELINQUENT             DELINQUENT          DELINQUENT            DELINQUENT
                              30-59 DAYS           60 - 89 DAYS          90 - 119 DAYS       120 - 149 DAYS        150 - 179 DAYS
          MONTH
----------------------    -------------------   -------------------   ------------------   -------------------   -------------------
<S>                       <C>                   <C>                   <C>                  <C>                   <C>
       March 2002             $40,944,774            $35,136,858          $26,387,390          $21,128,616           $20,176,185

       April 2002             $39,855,314            $33,005,554          $28,355,959          $22,238,603           $19,625,760

        May 2002              $37,241,230            $33,487,953          $26,411,161          $24,157,536           $20,547,629

        June 2002             $39,015,620            $31,015,236          $27,186,227          $22,214,630           $22,820,901
</TABLE>

STATEMENT SECTION:
<TABLE>
<CAPTION>
                         SECTION IV (16) (f)    SECTION IV (16) (g)
                         -------------------    -------------------
                              DELINQUENT           AGGREGATE
                            180 DAYS PLUS
          MONTH
----------------------   -------------------    -------------------
<S>                      <C>                    <C>
       March 2002              $29,634              $143,803,457

       April 2002              $20,477              $143,101,669

        May 2002                    $0              $141,845,510

        June 2002             $599,945              $142,852,558
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2000-C

                          MARCH 2002 THROUGH JUNE 2002
                                                                      Exhibit VI

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT and
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
STATEMENT SECTION:            EXHIBIT B            EXHIBIT B             EXHIBIT B           EXHIBIT B
                         SECTION I. (A) (1)    SECTION I. (B) (1)    SECTION I. (D) (2)    SECTION I. (C)
----------------------   ------------------    ------------------    ------------------    --------------
                               CLASS A              CLASS B               CLASS C             MONTHLY
                          MONTHLY INTEREST      MONTHLY INTEREST      MONTHLY INTEREST     SERVICING FEE

         MONTH
----------------------   ------------------    ------------------    ------------------    --------------
<S>                        <C>                     <C>                  <C>                  <C>
       March 2002          $631,033                $90,610              $86,015              $666,667

       April 2002          $524,533                $75,588              $72,030              $666,667

        May 2002           $575,911                $83,114              $79,326              $666,667

       June 2002           $594,133                $85,753              $81,853              $666,667
</TABLE>

<TABLE>
<CAPTION>
STATEMENT SECTION:          EXHIBIT C           EXHIBIT C            EXHIBIT C
---------------------    SECTION IV (12)    SECTION V (13) (C)   SECTION V (13) (D)
                         ---------------    ------------------   ------------------
                           TRANSFEROR         NET PORTFOLIO          BASE RATE
                           PERCENTAGE             YIELD

         MONTH
----------------------   ---------------    ------------------   ------------------
<S>                      <C>                <C>                  <C>
       March 2002             18.45%            19.64%                  4.65%

       April 2002             19.47%            16.53%                  4.21%

        May 2002              21.42%            16.36%                  4.43%

       June 2002              18.79%            16.10%                  4.50%
</TABLE>

<PAGE>

       INDEPENDENT ACCOUNTANTS' REPORT ON APPLYING AGREED-UPON PROCEDURES

To Advanta Bank Corp. as Servicer:

We have performed the procedures enumerated below, which were agreed to by
Advanta Bank Corp. (an indirect wholly owned subsidiary of Advanta Corp.) as
Servicer (the "Specified User"), solely to assist the Specified User in
evaluating Advanta Bank Corp.'s compliance with (1) Section 3.06 (b) of the
Transfer and Servicing Agreement (the Agreement) dated as of August 1, 2000, by
and between Advanta Business Receivables Corp. as Transferor, Advanta Bank Corp.
as Servicer and Wilmington Trust Company, as Owner Trustee on behalf of the
Noteholders of the Advanta Business Card Master Trust; and (2) the Series 2001-A
Indenture Supplement dated as of April 1, 2001, by and between Advanta Business
Card Master Trust as Issuer and Bankers Trust Company as Indenture Trustee, with
respect to the Form of Monthly Noteholder's Statement (the "Statement" or
"Exhibit C") and the Form of Monthly Payment Instructions and Notification to
the Indenture Trustee (the "Exhibit B Statement" or "Exhibit B") forwarded by
the Servicer pursuant to section 3.04 (b) of the Agreement during the 12 month
period from July 2001 through June 2002. Advanta Bank Corp.'s management is
responsible for Advanta Bank Corp.'s compliance with those requirements.

This agreed-upon procedures engagement was conducted in accordance with
attestation standards established by the American Institute of Certified Public
Accountants. The sufficiency of these procedures is solely the responsibility of
those parties specified in this report. Consequently, we make no representations
regarding the sufficiency of the procedures described below either for the
purpose for which this report has been requested or for any other purpose.


The following conventions have been adopted in presenting our procedures and
findings:

      -     The term "compared" means compared to and found to be in agreement
            with, unless otherwise noted. Such compared amounts, numbers and
            percentages are deemed to be in agreement if differences are
            considered immaterial (see below for definition of immaterial).

      -     The term "recalculated" means calculated and found the amount,
            number or percentage so calculated to be in agreement with, unless
            otherwise noted. Such recalculated amounts are deemed to be in
            agreement if differences are considered immaterial (see below for
            definition of immaterial). We recalculated certain arithmetic totals
            and percentages appearing in the above referenced Statements using
            system reports and formulas provided to us by the Servicer and found
            the amounts so calculated to be in agreement with the Statements. We
            make no representation regarding the accuracy or adequacy of the
            system reports and formulas provided to us by the Servicer.

      -     The term "immaterial" means that (i) amounts and numbers are within
            0.05% of the recalculated amount for each respective period and (ii)
            percentages are within 0.05% of the recalculated percentage.

With respect to amounts, numbers and percentages shown on each Statement, for
the 12 month period from July 2001 through June 2002, referred to in Section
3.06(b) of the Agreement, and

<PAGE>

Exhibit's B and C of the Series 2001-A Indenture and as included in the attached
Exhibits, we have performed the procedures enumerated below:

         i)  Recalculated the Floating Investor Percentage(s), appearing in
             Section V (7) of the Statement from July 2001 through June 2002,
             and as included in Exhibits I and IV attached hereto, using
             information contained in the CD-124 report prepared by First Data
             Resources, Inc. (FDR), the Servicer's third party processing agent,
             as of the applicable period, and the Series 2001-A Indenture
             Supplement, without exception.

         ii) Recalculated the amount of Investor Principal Collections
             applicable to Series 2001-A processed for the applicable Payment
             Date, appearing in Section V (9) of the Statement from July 2001
             through June 2002, and as included in Exhibits I and IV attached
             hereto, using information contained in the CD-124 report prepared
             by FDR as of the applicable period, and the Floating Investor
             Percentage(s) recalculated in procedure i) as of the applicable
             period, without exception.

      iii)   Recalculated the aggregate amount of Available Finance Charge
             Collections processed for the applicable Payment Date, appearing in
             Section V (10a) and Section V (10b) of the Statement from July 2001
             through June 2002, and as included in Exhibits I and IV attached
             hereto, using information contained in the CD-124 report prepared
             by FDR as of the applicable period, the Bankers Trust Company (the
             "Indenture Trustee") monthly bank statement as of the applicable
             period, the "Interchange Allocation Schedule" prepared by the
             Servicer as of the applicable period, and the Floating Investor
             Percentage(s) recalculated in procedure i) as of the applicable
             period, without exception.

      iv)    Compared the accounts which were Delinquent between 30 days and 59
             days, Delinquent between 60 days and 89 days, Delinquent between 90
             days and 119 days, Delinquent between 120 days and 149 days,
             Delinquent between 150 days and 179 days, Delinquent 180 days or
             greater and the Aggregate delinquencies, appearing in Section IV
             (14) (a-g) of the Statement from July 2001 through February 2002
             and in Section IV (16) (a-g) of the Statement from March 2002
             through June 2002, and as included in Exhibits II and V attached
             hereto, using information contained in the CD-124 report prepared
             by FDR as of the applicable period, without exception.

        v)   Recalculated the Class A Monthly Interest, Class B Monthly Interest
             and Class C Monthly Interest for such Payment Date, appearing in
             Section I (A) (1), Section I (B) (1), and Section I (D) (2) of the
             Exhibit B Statement from July 2001 through June 2002, and as
             included in Exhibits III and VI attached hereto, using information
             contained in the "Advanta Business Card Master Trust Series 2001-A
             Rate Set" monthly statement prepared by the Indenture Trustee as of
             the applicable period, and the Series 2001-A Indenture Supplement,
             without exception.

        vi)  Recalculated the Monthly Servicing Fee, appearing in Section I (C)
             of the Exhibit B Statement from July 2001 through June 2002, and as
             included in Exhibits III and VI attached hereto, using information
             contained in the Series 2001-A Indenture Supplement, without
             exception.

<PAGE>

        vii) Recalculated the Transferor Percentage, appearing in Section IV
             (10) of the Statement from July 2001 through February 2002 and in
             Section IV (12) of the Statement from March 2002 through June 2002,
             and as included in Exhibits III and VI attached hereto, using
             information contained on the Statement as of the applicable period,
             without exception.

      viii)  Recalculated the Net Portfolio Yield and the Base Rate for the
             related Monthly Period, appearing in Section V (13) (c) and Section
             V (13) (d) of the Statement from July 2001 through June 2002, and
             as included in Exhibits III and VI attached hereto, using
             information contained in the CD-124 report prepared by FDR as of
             the applicable period, the aggregate amount of Available Finance
             Charge Collections recalculated in procedure iii) as of the
             applicable period, the Series 2001-A Indenture Supplement, the
             Monthly Servicing Fee recalculated in procedure vi) as of the
             applicable period, the Class A Monthly Interest, Class B Monthly
             Interest and Class C Monthly Interest for such Payment Date
             recalculated in procedure v) as of the applicable period, and
             information contained on the Statement as of the applicable period,
             without exception.

In connection with the above procedures, we did not evaluate or perform any
testing of the accuracy or adequacy of the information, systems or databases
furnished by FDR.

We were not engaged to, and did not, conduct an examination, the objective of
which would be the expression of an opinion on the Statement and Exhibit B
Statement. Accordingly, we do not express such an opinion on the Statement and
Exhibit B Statement. Had we performed additional procedures, other matters might
have come to our attention that would have been reported to you.

This report is intended solely for the information and use of the Specified
User, and is not intended to be and should not be used by anyone other than the
Specified User.


                                  /s/ KPMG LLP

September 27, 2002

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2001-A

                         JULY 2001 THROUGH FEBRUARY 2002

                                                                       EXHIBIT I

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT AND
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
                             EXHIBIT C                EXHIBIT C                   EXHIBIT C
STATEMENT SECTION:         SECTION V (7)            SECTION V (9)            SECTION V (10A,10B)
------------------         -------------            -------------            -------------------
                             FLOATING                 AMOUNT OF                   AMOUNT OF
                             INVESTOR                 INVESTOR                AVAILABLE FINANCE
                            PERCENTAGE                PRINCIPAL              CHARGE COLLECTIONS
       MONTH/                                        COLLECTIONS               ON PAYMENT DATE
       PERIOD
------------------         -------------            -------------            -------------------
<S>                        <C>                      <C>                      <C>
      July 2001                                     $56,692,210                  $6,760,642
      July 1-22                 16.37%
     July 23-31                 16.26%

     August 2001                                    $57,102,734                  $7,035,210
     August 1-21              16.2524%
    August 22-31              15.8394%

   September 2001                                   $47,012,314                  $6,183,946
   September 1-30             15.7922%

    October 2001                                    $58,736,861                  $7,292,918
    October 1-22              15.8183%
    October 23-31             15.8365%

    November 2001                                   $53,660,043                  $6,761,948
    November 1-19          15.7883897%
   November 20-30          15.3294831%

    December 2001                                   $52,478,597                  $6,436,572
    December 1-18          15.5448336%
   December 19-31          15.2430957%

    January 2002                                    $58,506,567                  $7,066,329
    January 1-31           15.2017312%

    February 2002                                   $47,415,296                  $6,294,594
    February 1-19          15.7123971%
   February 20-28          15.5283232%
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2001-A

                         JULY 2001 THROUGH FEBRUARY 2002

                                                                      EXHIBIT II

      SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT

STATEMENT SECTION:

<TABLE>
<CAPTION>
                      SECTION IV (14) (a)    SECTION IV (14) (b)       SECTION IV (14) (c)      SECTION IV (14) (d)
                      -------------------    -------------------       -------------------      -------------------
                          DELINQUENT              DELINQUENT                DELINQUENT              DELINQUENT
                          30-59 DAYS             60 - 89 DAYS             90 - 119 DAYS           120 - 149 DAYS
        MONTH
------------------   -------------------    -------------------       -------------------      -------------------
<S>                  <C>                    <C>                       <C>                      <C>
      July 2001            $31,093,243            $24,959,931              $20,640,821             $17,214,207

     August 2001           $32,379,897            $23,261,921              $21,214,450             $17,193,183

   September 2001          $34,780,428            $25,856,371              $20,486,909             $18,859,838

    October 2001           $37,996,648            $26,297,867              $23,076,116             $18,497,192

    November 2001          $37,384,296            $28,747,472              $22,903,282             $21,015,311

    December 2001          $38,320,339            $30,088,958              $24,419,520             $20,968,204

    January 2002           $41,686,460            $29,192,428              $25,380,941             $20,389,071

    February 2002          $46,438,784            $32,111,063              $25,001,432             $21,930,375
</TABLE>

STATEMENT SECTION:

<TABLE>
<CAPTION>
                      SECTION IV (14) (e)    SECTION IV (14) (f)     SECTION IV (14) (g)
                      -------------------    -------------------     -------------------
                          DELINQUENT             DELINQUENT                AGGREGATE
                        150 - 179 DAYS          180 DAYS PLUS
        MONTH
------------------    -------------------    -------------------     -------------------
<S>                       <C>                     <C>                    <C>
      July 2001           $14,045,930             $114,335               $108,068,467

     August 2001          $15,553,838              $67,970               $109,671,258

   September 2001         $15,939,962             $205,575               $116,129,083

    October 2001          $16,693,938             $321,219               $122,882,981

    November 2001         $17,396,171             $390,324               $127,836,856

    December 2001         $20,150,029             $364,577               $134,311,627

    January 2002          $19,617,862             $212,058               $136,478,820

    February 2002         $19,917,986             $340,343               $145,739,983
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2001-A

                         JULY 2001 THROUGH FEBRUARY 2002

                                                                     EXHIBIT III

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT AND
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
STATEMENT SECTION:                  EXHIBIT B                EXHIBIT B                 EXHIBIT B               EXHIBIT B
                               SECTION I. (A) (1)       SECTION I. (B) (1)        SECTION I. (D) (2)        SECTION I. (C)
--------------------------     ------------------       ------------------        ------------------        --------------
                                     CLASS A                  CLASS B                   CLASS C                 MONTHLY
                                MONTHLY INTEREST         MONTHLY INTEREST          MONTHLY INTEREST          SERVICING FEE

           MONTH
--------------------------     ------------------       ------------------        ------------------        --------------
<S>                            <C>                      <C>                       <C>                       <C>
         July 2001                  $853,275                 $114,824                   $97,266                $500,000

        August 2001                 $808,067                 $109,456                   $93,310                $500,000

       September 2001               $716,267                  $98,990                   $86,007                $500,000

        October 2001                $534,083                  $76,049                   $67,878                $500,000

       November 2001                $480,500                  $70,122                   $63,919                $500,000

       December 2001                $491,150                  $72,693                   $67,038                $500,000

        January 2002                $394,158                  $59,433                   $55,635                $500,000

       February 2002                $401,333                  $59,850                   $55,533                $500,000
</TABLE>


<TABLE>
<CAPTION>
STATEMENT SECTION:                 EXHIBIT C               EXHIBIT C             EXHIBIT C
--------------------------      SECTION IV (10)       SECTION V (13) (C)    SECTION V (13) (D)
                                ---------------       ------------------    ------------------
                                   TRANSFEROR            NET PORTFOLIO           BASE RATE
                                   PERCENTAGE                YIELD

           MONTH
--------------------------      ---------------       ------------------    ------------------
<S>                             <C>                   <C>                   <C>
         July 2001                   18.10%                 17.83%                 6.58%

        August 2001                  19.10%                 19.15%                 6.35%

       September 2001                16.33%                 15.67%                 5.91%

        October 2001                 16.49%                 19.81%                 4.96%

       November 2001                 17.78%                 17.34%                 4.71%

       December 2001                 19.59%                 16.21%                 4.79%

        January 2002                 16.89%                 17.05%                 4.26%

       February 2002                 18.29%                 14.58%                 4.29%
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2001-A

                          MARCH 2002 THROUGH JUNE 2002

                                                                      EXHIBIT IV

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT AND
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
                                           EXHIBIT C           EXHIBIT C                 EXHIBIT C
STATEMENT SECTION:                      SECTION V (7)        SECTION V (9)          SECTION V (10a,10b)
---------------------------------       -------------        -------------          -------------------
                                           FLOATING            AMOUNT OF                 AMOUNT OF
                                           INVESTOR             INVESTOR             AVAILABLE FINANCE
                                          PERCENTAGE           PRINCIPAL             CHARGE COLLECTIONS
            MONTH/                                            COLLECTIONS             ON PAYMENT DATE
            PERIOD
---------------------------------       -------------        -------------          -------------------
<S>                                     <C>                   <C>                   <C>
          March 2002                                           $56,853,430                $7,518,408
          March 1-24                     15.4485509%
         March 25-31                     15.2802018%

          April 2002                                           $54,618,560                $6,823,851
          April 1-23                     15.3694065%
         April 24-30                     15.1080023%

           May 2002                                            $56,037,734                $6,694,410
           May 1-21                      15.1767462%
          May 22-31                      14.7441540%

          June 2002                                            $52,102,623                $6,502,403
          June 1-25                      14.8092787%
          June 26-30                     14.2996558%
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2001-A

                          MARCH 2002 THROUGH JUNE 2002

                                                                       EXHIBIT V

      SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT

STATEMENT SECTION:
<TABLE>
<CAPTION>
                              SECTION IV (16) (a)   SECTION IV (16) (b)      SECTION IV (16) (c)    SECTION IV (16) (d)
                              -------------------   -------------------      -------------------    -------------------
                                   DELINQUENT           DELINQUENT               DELINQUENT              DELINQUENT
                                   30-59 DAYS          60 - 89 DAYS            90 - 119 DAYS           120 - 149 DAYS
           MONTH
-------------------------     -------------------   -------------------      -------------------    -------------------
<S>                           <C>                   <C>                      <C>                    <C>
         March 2002               $40,944,774           $35,136,858              $26,387,390            $21,128,616

         April 2002               $39,855,314           $33,005,554              $28,355,959            $22,238,603

          May 2002                $37,241,230           $33,487,953              $26,411,161            $24,157,536

          June 2002               $39,015,620           $31,015,236              $27,186,227            $22,214,630
</TABLE>


STATEMENT SECTION:

<TABLE>
<CAPTION>
                            SECTION IV (16) (e)    SECTION IV (16) (f)    SECTION IV (16) (g)
                            -------------------    -------------------    -------------------
                                 DELINQUENT            DELINQUENT             AGGREGATE
                               150 - 179 DAYS        180 DAYS PLUS
           MONTH
-------------------------   -------------------    -------------------    -------------------
<S>                         <C>                    <C>                    <C>
         March 2002             $20,176,185               $29,634           $143,803,457

         April 2002             $19,625,760               $20,477           $143,101,669

          May 2002              $20,547,629                    $0           $141,845,510

          June 2002             $22,820,901              $599,945           $142,852,558
</TABLE>

<PAGE>

  ADVANTA BUSINESS RECEIVABLES CORP, BUSINESS CARD MASTER TRUST, SERIES 2001-A

                          MARCH 2002 THROUGH JUNE 2002

                                                                      EXHIBIT VI

    SELECTED INFORMATION FROM THE FORM OF MONTHLY NOTEHOLDER'S STATEMENT and
 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE

<TABLE>
<CAPTION>
STATEMENT SECTION:                  EXHIBIT B                EXHIBIT B                 EXHIBIT B               EXHIBIT B
                               SECTION I. (A) (1)       SECTION I. (B) (1)        SECTION I. (D) (2)        SECTION I. (C)
------------------------       ------------------       ------------------        ------------------        --------------
                                     CLASS A                  CLASS B                   CLASS C                 MONTHLY
                                MONTHLY INTEREST         MONTHLY INTEREST          MONTHLY INTEREST          SERVICING FEE
           MONTH
------------------------       ------------------       ------------------        ------------------        --------------
<S>                            <C>                      <C>                       <C>                       <C>
         March 2002                 $484,275                  $71,876                   $66,437                 $500,000

         April 2002                 $402,733                  $60,016                   $55,656                 $500,000

          May 2002                  $442,267                  $66,017                   $61,303                 $500,000

         June 2002                  $456,267                  $68,115                   $63,257                 $500,000
</TABLE>

<TABLE>
<CAPTION>
STATEMENT SECTION:         EXHIBIT C               EXHIBIT C            EXHIBIT C
                        SECTION IV (12)       SECTION V (13) (C)    SECTION V (13) (D)
----------------------  ---------------       ------------------    ------------------
                           TRANSFEROR            NET PORTFOLIO          BASE RATE
                           PERCENTAGE                YIELD

           MONTH
----------------------  ---------------       ------------------    ------------------
<S>                     <C>                   <C>                   <C>
         March 2002           18.45%                19.64%                4.76%

         April 2002           19.47%                16.53%                4.30%

          May 2002            21.42%                16.36%                4.53%

         June 2002            18.79%                16.10%                4.61%
</TABLE>