Document:

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                                                                     EXHIBIT 4.3

                                     FORM OF

                       ADVANTA BUSINESS CARD MASTER TRUST

                                     ISSUER

                                       AND

                      DEUTSCHE BANK TRUST COMPANY AMERICAS

                                INDENTURE TRUSTEE

                       ADVANTASERIES INDENTURE SUPPLEMENT

                            DATED AS OF [_] [_], [_]

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                                TABLE OF CONTENTS

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                                                                                                      PAGE
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ARTICLE I Creation of the AdvantaSeries Notes.....................................................      1
     Section 1.01 Designation.....................................................................      1
     Section 1.02 General Terms of the AdvantaSeries, Class or Tranche of Notes...................      1
     Section 1.03 New Issuance of Notes...........................................................      3

ARTICLE II Definitions............................................................................      6
     Section 2.01 Definitions.....................................................................      6

ARTICLE III Servicing Fee and Interchange.........................................................     24
     Section 3.01 Servicing Compensation; Interchange.............................................     24

ARTICLE IV Rights of AdvantaSeries Noteholders and Allocation and Application of Collections......     25
     Section 4.01 Collections and Allocations.....................................................     25
     Section 4.02 Payments to the Transferor......................................................     25
     Section 4.03 Allocations of Collections of Finance Charge and Administrative
                  Receivables and Defaulted Amounts...............................................     25
     Section 4.04 Allocations of Principal Collections............................................     25
     Section 4.05 Applications of Available Finance Charge Collections............................     26
     Section 4.06 Required Interest Payments......................................................     27
     Section 4.07 Allocations of Available Finance Charge Collections to Payment of Interest......     28
     Section 4.08 Amounts to be Treated as Available Finance Charge Collections; Other Deposits
                  for Payment of Interest.........................................................     28
     Section 4.09 Allocations of Reductions to the Adjusted Invested Amount Due to Investor
                  Charge-Offs.....................................................................     29
     Section 4.10 Allocations of Reimbursements of Adjusted Invested Amount Deficits..............     30
     Section 4.11 Application of Available Principal Collections..................................     30
     Section 4.12 Allocation of Reductions of Adjusted Invested Amount of Subordinated Notes from
                  Reallocations of Available Principal Collections to Cover Interest Shortfalls
                  or Servicing Fee Shortfalls.....................................................     31
     Section 4.13 Adjustments to Required Subordinated Percentages................................     32
     Section 4.14 Required Deposits of Available Principal Collections to the Principal
                  Funding Account.................................................................     32
     Section 4.15 Allocations among Principal Funding Sub-Accounts................................     32
     Section 4.16 Amounts to be Treated as Available Principal Collections........................     34
     Section 4.17 Computation of Interest.........................................................     34
     Section 4.18 Withdrawals from Principal Funding Account......................................     34
     Section 4.19 Limit on Deposits to the Principal Funding Sub-Account of Subordinated Notes;
                  Limit on Repayments of all Tranches.............................................     35
     Section 4.20 Calculation of Adjusted Invested Amount.........................................     36
     Section 4.21 Netting of Deposits and Payments................................................     37
     Section 4.22 Pro rata Payments within a Tranche..............................................     37
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     Section 4.23 Calculation of Coverage Funding Required Amount.................................     37
     Section 4.24 Required Deposits to the Cash Collateral Account................................     40
     Section 4.25 Withdrawals from the Cash Collateral Account....................................     41
     Section 4.26 Required Deposits to the Excess Spread Account..................................     42
     Section 4.27 Withdrawals from the Excess Spread Account......................................     42
     Section 4.28 Required Deposits to the Accumulation Reserve Account...........................     43
     Section 4.29 Withdrawals from the Accumulation Reserve Account...............................     43
     Section 4.30 Distributions...................................................................     44
     Section 4.31 Excess Finance Charge Collections Sharing.......................................     45
     Section 4.32 Excess Available Principal Amount Sharing.......................................     46
     Section 4.33 Investment Instructions.........................................................     46
     Section 4.34 Issuer Accounts.................................................................     46
     Section 4.35 Final Payment...................................................................     48

ARTICLE V  Delivery of AdvantaSeries Notes; Reports to AdvantaSeries Noteholders..................     49
     Section 5.01 Delivery and Payment for the AdvantaSeries Notes; Form and Denomination.........     49
     Section 5.02 Reports and Statements to AdvantaSeries Noteholders.............................     49

ARTICLE VI AdvantaSeries Pay Out Events; Event of Default.........................................     50
     Section 6.01 AdvantaSeries Pay Out Events....................................................     50
     Section 6.02 AdvantaSeries Event of Default..................................................     51
     Section 6.03 Acceleration of Maturity; Rescission and Annulment..............................     51
     Section 6.04 Remedies; Priorities............................................................     51
     Section 6.05 Optional Preservation of the Collateral.........................................     54

ARTICLE VII Redemption of the AdvantaSeries Notes; Final Distributions; Series Termination........     55
     Section 7.01 Optional Redemption of the AdvantaSeries Notes; Final Distributions.............     55
     Section 7.02 Series Termination..............................................................     56

ARTICLE VIII Miscellaneous Provisions.............................................................     57
     Section 8.01 Ratification of Indenture.......................................................     57
     Section 8.02 Form of Delivery of the AdvantaSeries Notes.....................................     57
     Section 8.03 Amendment.......................................................................     57
     Section 8.04 Counterparts....................................................................     57
     Section 8.05 GOVERNING LAW...................................................................     57
     Section 8.06 Limitation of Liability.........................................................     57
     Section 8.07 Representations and Warranties of the Issuer....................................     57
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EXHIBITS

EXHIBIT A-1    FORM OF CLASS A NOTE

EXHIBIT A-2    FORM OF CLASS B NOTE

EXHIBIT A-3    FORM OF CLASS C NOTE

EXHIBIT A-4    FORM OF CLASS D NOTE

EXHIBIT B      FORM OF MONTHLY PAYMENT INSTRUCTIONS AND
               NOTIFICATION TO THE INDENTURE TRUSTEE

EXHIBIT C      FORM OF MONTHLY STATEMENT

EXHIBIT D      FORM OF MONTHLY SERVICER'S CERTIFICATE

EXHIBIT E-1    FORM OF CLASS A TERMS DOCUMENT

EXHIBIT E-2    FORM OF CLASS B TERMS DOCUMENT

EXHIBIT E-3    FORM OF CLASS C TERMS DOCUMENT

EXHIBIT E-4    FORM OF CLASS D TERMS DOCUMENT

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      ADVANTASERIES INDENTURE SUPPLEMENT, dated as of [_] [_], [_] (the
"INDENTURE SUPPLEMENT"), between WILMINGTON TRUST COMPANY, as Owner Trustee of
ADVANTA BUSINESS CARD MASTER TRUST, a common law trust organized and existing
under the laws of the State of Delaware (herein, the "ISSUER" or the "TRUST"),
and DEUTSCHE BANK TRUST COMPANY AMERICAS (formerly known as Bankers Trust
Company), a banking corporation organized and existing under the laws of the
State of New York, not in its individual capacity, but solely as indenture
trustee (herein, together with its successors in the trusts thereunder as
provided in the Master Indenture referred to below, the "INDENTURE TRUSTEE")
under the Master Indenture, dated as of August 1, 2000 (the "INDENTURE") between
the Issuer and the Indenture Trustee (the Indenture, together with this
Indenture Supplement, the "AGREEMENT").

      Pursuant to Section 2.12 of the Indenture, the Transferor may direct the
Issuer, to issue one or more Series of Notes. The Principal Terms of this Series
are set forth in this Indenture Supplement to the Indenture.

                                   ARTICLE I
                       Creation of the AdvantaSeries Notes

      Section 1.01 Designation.

      (a) There is hereby created and designated a Series of Notes to be issued
pursuant to the Indenture and this Indenture Supplement to be known as "ADVANTA
BUSINESS CARD MASTER TRUST, ADVANTASERIES ASSET BACKED NOTES" or the
"ADVANTASERIES NOTES." The AdvantaSeries Notes shall be issued in four Classes,
the first of which shall be known as the "CLASS A ADVANTASERIES ASSET BACKED
NOTES," the second of which shall be known as the "CLASS B ADVANTASERIES ASSET
BACKED NOTES," the third of which shall be known as the "CLASS C ADVANTASERIES
ASSET BACKED NOTES," and the fourth of which shall be known as the "CLASS D
ADVANTASERIES ASSET BACKED NOTES."

      (b) The AdvantaSeries shall be included in Group [_] and shall be a
Principal Sharing Series with respect to Group [_] only. The AdvantaSeries shall
be an Excess Allocation Series with respect to Group [_] only. The AdvantaSeries
shall not be subordinated to any other Series.

      Section 1.02 General Terms of the AdvantaSeries, Class or Tranche of
Notes.

      (a) The aggregate Initial Principal Balance of Notes which may be
authenticated and delivered and Outstanding under this Indenture Supplement is
not limited.

      (b) The Notes of a Class may be issued in one or more Tranches up to an
aggregate Initial Principal Balance of Notes as from time to time may be
authorized by the Issuer. All Notes of each Class or Tranche under this
Indenture Supplement will in all respects be equally and ratably entitled to the
benefits hereof with respect to such Class or Tranche without preference,
priority or distinction on account of (i) the actual time of the authentication
and delivery, (ii) the Expected Final Principal Payment Date or (iii) the Final
Maturity Date of the Notes of such Class or Tranche.

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      (c) Each Note issued must be part of a Class and Tranche of Notes for
purposes of allocations pursuant to this Indenture Supplement. Each Class of
Notes is created pursuant to this Indenture Supplement and each Tranche of Notes
is created pursuant to a Terms Document under this Indenture Supplement. Forms
of Terms Document for the Class A Notes, Class B Notes, Class C Notes and Class
D Notes are attached hereto as Exhibits E-1, E-2, E-3 and E-4, respectively.

      (d) If a class of Notes of the AdvantaSeries is not divided into separate
Tranches, that Class shall be deemed to be a distinct Tranche for purposes of
this Indenture Supplement.

      (e) Each Class of Notes may consist of a single Tranche or may be
subdivided into multiple Tranches. Notes of a single Class of the AdvantaSeries
will belong to different Tranches if they have different terms and conditions.
With respect to any Class of Notes, Notes which have identical terms, conditions
and Tranche designation will be deemed to be part of a single Tranche.

      (f) Before the initial issuance of Notes of each Class or Tranche, there
shall also be established in or pursuant to a Terms Document related to this
Indenture Supplement, provision for:

            (i) whether such Notes are of a particular Class of Notes or a
Tranche of a Class of Notes;

            (ii) any additional times at which such Class or Tranche of Notes
may, pursuant to any optional or mandatory redemption provisions, be redeemed,
and the other terms and provisions of any such redemption provisions;

            (iii) the rate per annum at which such Class or Tranche of Notes
will bear interest, if any, or the formula or index on which such rate will be
determined, including all relevant definitions, and the date from which interest
will accrue;

            (iv) each Payment Date, Expected Final Principal Payment Date and
the Final Maturity Date for such Class or Tranche of Notes;

            (v) the Initial Principal Balance of such Class or Tranche of Notes,
and the means for calculating the Initial Principal Balance and the Outstanding
Principal Balance of such Class or Tranche of Notes, if different from the means
specified herein;

            (vi) any Events of Default or Pay Out Events with respect to such
Class or Tranche of Notes, if not set forth herein and any additions, deletions
or other changes to the Events of Default or Pay Out Events set forth herein
that will be applicable to such Class or Tranche of Notes (including a provision
making any Event of Default or Pay Out Event set forth herein inapplicable to
the Notes of that Class or Tranche);

            (vii) if such Class or Tranche of Notes are to have the benefit of
any derivative agreement, the terms and provisions of such agreement;

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            (viii) if such Class or Tranche of Notes are to have the benefit of
any Series Enhancement or any credit enhancement solely for the benefit of that
Class or Tranche, the terms and provisions of such enhancement;

            (ix) the Record Date for any Payment Date of such Class or Tranche
of Notes, if different from the Business Day preceding such Payment Date;

            (x) whether and the conditions under which additional amounts will
be payable to Noteholders;

            (xi) the amount required to be deposited into the Accumulation
Reserve Account and the conditions and timing of such deposits;

            (xii) the amount required to be deposited into the Principal Funding
Account for such Class or Tranche of Notes and the conditions and timing of such
deposits;

            (xiii) the amount of the AdvantaSeries Monthly Servicing Fee
allocated to such Class or Tranche with respect to the first Payment Date
following the Closing Date of such Class or Tranche; and

            (xiv) any other terms of such Notes as stated in the applicable
Terms Document.

      (g) The form of the Notes of each Class or Tranche will be established
pursuant to the provisions of the Indenture, this Indenture Supplement and the
related Terms Document creating such Class or Tranche. The Notes of each Class
or Tranche will be distinguished from the Notes of each other Class or Tranche
in such manner as the Issuer may determine.

      (h) Any terms or provisions in respect of the Notes of any Class or
Tranche issued under the Indenture and this Indenture Supplement may be
determined pursuant to this Section by providing in the applicable Terms
Document for the method by which such terms or provisions will be determined.

      Section 1.03 New Issuance of Notes.

      (a) The Issuer may issue new Notes of any Class or Tranche of Notes
(including additional Notes of an Outstanding Class or Tranche) to be included
in the AdvantaSeries, so long as the following conditions precedent are
satisfied:

            (i) on or prior to the fifth Business Day before the related Closing
Date, the Transferor delivers to the Owner Trustee, the Indenture Trustee and
each Rating Agency notice of such new issuance;

            (ii) on or prior to the related Closing Date, the Transferor
delivers to the Owner Trustee, the Indenture Trustee and each Rating Agency an
Officer's Certificate to the effect that:

                  (A) the Transferor reasonably believes that the new issuance
will not cause an Adverse Effect on any Outstanding Notes;

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                  (B) all instruments furnished to the Indenture Trustee conform
to the requirements of this Indenture Supplement and constitute sufficient
authority hereunder for the Indenture Trustee to authenticate and deliver such
Notes;

                  (C) the form and terms of such Notes have been established in
conformity with the provisions of this Indenture Supplement; and

                  (D) such other matters as the Indenture Trustee may reasonably
request;

            (iii) on or prior to the related Closing Date, the Transferor will
have delivered to the Indenture Trustee and each Rating Agency an Opinion of
Counsel, which may be from internal counsel of the Transferor, that all laws and
requirements with respect to the execution and delivery by the Issuer of such
Notes have been complied with, the Issuer has the trust power and authority to
issue such Notes and such Notes have been duly authorized and delivered by the
Issuer and, assuming due authentication and delivery by the Indenture Trustee,
constitute legal, valid and binding obligations of the Issuer enforceable in
accordance with their terms (subject, as to enforcement of remedies, to
applicable bankruptcy, reorganization, insolvency, moratorium or other laws and
legal principles affecting creditors' rights generally from time to time in
effect and to general equitable principles, whether applied in an action at law
or in equity) and are entitled to the benefits of the Indenture and this
Indenture Supplement, equally and ratably with all other Outstanding Notes, if
any, of such Class or Tranche, subject to the terms of the Indenture, the
Indenture Supplement and each Terms Document;

            (iv) on or prior to the related Closing Date, the Transferor will
have delivered to the Indenture Trustee and the Rating Agencies a Tax Opinion
with respect to such issuance;

            (v) the Issuer obtains confirmation that the new issuance will
satisfy the Rating Agency Condition;

            (vi) on or prior to the related Closing Date, the Issuer will have
executed with the Indenture Trustee a Terms Document relating to the applicable
Class or Tranche of Notes;

            (vii) when issued, the additional Notes of an Outstanding Tranche
will be identical in all respects to the other Outstanding Notes of that Tranche
and will be equally and ratably entitled to the benefits of the Indenture and
this Indenture Supplement as the other Outstanding Notes of that Tranche without
preference, priority or distinction;

            (viii) on or prior to the related Closing Date, the Transferor shall
have made a cash deposit into the Excess Spread Account such that immediately
after the issuance of the new notes, the ratio of the amount on deposit in the
Excess Spread Account to the Required Excess Spread Account Amount is equal to
or greater than the same ratio immediately preceding such issuance;

            (ix) immediately after giving effect to such issuance, with respect
to the Class A Notes, the sum of (x) the Adjusted Invested Amount of the
Subordinated Notes in the AdvantaSeries and (y) the amount on deposit in the
Cash Collateral Account for the

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AdvantaSeries must be at least equal to the Aggregate Required Subordinated
Amount for all Class A Notes in the AdvantaSeries;

            (x) immediately after giving effect to such issuance, with respect
to the Class B Notes, the sum of (x) the Adjusted Invested Amount of the
Subordinated Notes in the AdvantaSeries and (y) the amount on deposit in the
Cash Collateral Account for the AdvantaSeries must be at least equal to the
Aggregate Required Subordinated Amount for all Class B Notes in the
AdvantaSeries;

            (xi) immediately after giving effect to such issuance, with respect
to the Class C Notes, the sum of (x) the Adjusted Invested Amount of the
Subordinated Notes in the AdvantaSeries and (y) the amount on deposit in the
Cash Collateral Account for the AdvantaSeries must be at least equal to the
Aggregate Required Subordinated Amount for all Class C Notes in the
AdvantaSeries;

            (xii) immediately after giving effect to such issuance, with respect
to the Class D Notes, the amount on deposit in the Cash Collateral Account for
the AdvantaSeries must be at least equal to the Aggregate Required Subordinated
Amount for all Class D Notes in the AdvantaSeries; and

            (xiii) any other conditions specified in the related Terms Document;

provided, however, that any one of the aforementioned conditions may be
eliminated (other than clause (iv)) or modified as a condition precedent to any
new issuance of a Class or Tranche of Notes if the Issuer has obtained approval
from each Rating Agency.

      (b) The Issuer and the Indenture Trustee will not be required to provide
prior notice to or to obtain the consent of any Noteholder of any Outstanding
Series, Class or Tranche to issue any additional AdvantaSeries Notes of any
Class or Tranche.

      (c) There are no restrictions on the timing or amount of any additional
issuance of AdvantaSeries Notes of an Outstanding Class or Tranche of Notes, so
long as the conditions described in this Section 1.03 are met or waived.

                               [END OF ARTICLE I]

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                                   ARTICLE II
                                   Definitions

      Section 2.01 Definitions.

      (a) Whenever used in this Indenture Supplement, the following words and
phrases shall have the following meanings, and the definitions of such terms are
applicable to the singular as well as the plural forms of such terms and the
masculine as well as the feminine and neuter genders of such terms. All
capitalized terms not otherwise defined herein are defined in the Indenture, the
Transfer and Servicing Agreement or the Trust Agreement. Each capitalized term
defined herein shall relate only to the AdvantaSeries Notes and no other Series
of Notes issued by the Issuer, unless the context otherwise requires. In the
event that any term or provision contained herein shall conflict with or be
inconsistent with any term or provision contained in the Indenture, the Transfer
and Servicing Agreement or the Trust Agreement, the terms and provisions of this
Indenture Supplement shall be controlling.

      "Accumulation Period Length" shall have the meaning, with respect to any
Tranche of Notes, set forth in the related Terms Document.

      "Accumulation Reserve Account" means the trust account designated as such
and established pursuant to Section 4.34(a).

      "Accumulation Reserve Account Earnings" means, for each Payment Date, the
investment earnings on funds in the Accumulation Reserve Account (net of
investment expenses and losses) for the period from and including the
immediately preceding Payment Date to but excluding such Payment Date.

      "Accumulation Reserve Account Funding Date" shall mean the date designated
by the Servicer which occurs not later than the earliest of (a) the Payment Date
with respect to the Monthly Period which commences three months prior to the
commencement of the Controlled Accumulation Period with respect to a Tranche of
Notes or (b) such other date designated by the Servicer.

      "Adjusted Invested Amount" means, with respect to any Tranche of Notes,
the amount calculated pursuant to Section 4.20. The Adjusted Invested Amount for
the AdvantaSeries will be the sum of the Adjusted Invested Amounts of all of the
Tranches of Notes of the AdvantaSeries.

      "Adjusted Invested Amount Deficit" means, with respect to any Tranche of
Notes, the excess of the Adjusted Outstanding Principal Balance of that Tranche
over the Adjusted Invested Amount of that Tranche. The Adjusted Invested Amount
Deficit for the AdvantaSeries will be the sum of the Adjusted Invested Amount
Deficits for all Tranches of Notes.

      "Adjusted Outstanding Principal Balance" means at any time with respect to
any Class or Tranche of Notes, the Outstanding Principal Balance of all
Outstanding Notes of such Class or Tranche of Notes at such time, less any funds
on deposit in respect of principal in any Issuer Account, for the benefit of
such Class or Tranche of Notes at such time.

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      "AdvantaSeries" shall mean the Series of Notes the terms of which are
specified in this Indenture Supplement.

      "AdvantaSeries Defaulted Amount" means, with respect to any Payment Date,
an amount equal to the product of (a) the Defaulted Amount for the related
Monthly Period and (b) the Floating Investor Percentage for such Monthly Period.

      "AdvantaSeries Monthly Servicing Fee" means, with respect to any Monthly
Period, the amount of the Servicing Fee allocated to the AdvantaSeries pursuant
to Section 3.01(a) and as set forth in any Terms Document.

      "AdvantaSeries Note" shall mean a Class A Note, a Class B Note, a Class C
Note or a Class D Note.

      "AdvantaSeries Noteholder" shall mean a Class A Noteholder, a Class B
Noteholder, a Class C Noteholder or a Class D Noteholder.

      "AdvantaSeries Pay Out Event" shall have the meaning specified in Section
6.01.

      "AdvantaSeries Principal Shortfall" means, for any Payment Date, for the
AdvantaSeries Notes, an amount equal to (a) for all Classes or Tranches of
AdvantaSeries Notes in an Early Amortization Period, zero and (b) all other
Classes or Tranches of outstanding AdvantaSeries Notes, the excess, if any, of
the Required Principal Deposit Amount with respect to such Payment Date over the
amount of Available Principal Collections allocated to such Tranche for such
Payment Date (excluding any portion thereof attributable to Shared Principal
Collections); provided, however, that the Transferor, when authorized by an
Officer's Certificate, may amend or otherwise modify this definition of
AdvantaSeries Principal Shortfall provided the Rating Agency Condition shall
have been satisfied with respect to such amendment or modification.

      "Aggregate Outstanding Principal Balance" shall mean, on any date of
determination, an amount equal to the sum of the Outstanding Principal Balances
of all Classes of Outstanding AdvantaSeries Notes.

      "Aggregate Required Accumulation Reserve Account Amount" shall mean, for
any Interest Payment Date, the sum of the Required Accumulation Reserve Account
Amounts for all Tranches of Notes.

      "Aggregate Required Subordinated Amount" shall mean, at any time, with
respect to the Class A Notes, Class B Notes, Class C Notes or Class D Notes, an
amount equal to the sum of the Required Subordinated Amount of Class B Notes, if
any, the Required Subordinated Amount of Class C Notes, if any, and the Required
Subordinated Amount of Class D Notes, if any, and the Required Cash Collateral
Account Amount, if any, in each case, for such Class of Notes.

      "Aggregate Reserve Draw Amount" shall mean, for any Interest Payment Date,
the sum of the Reserve Draw Amounts for all Tranches of Notes.

      "Aggregate Reserve Account Surplus" shall mean, for any Interest Payment
Date, the sum of the Reserve Account Surpluses for all Tranche of Notes.

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      "Asset Sales Proceeds" means, for any Tranche of Notes, the proceeds of
the sale of a Foreclosure Certificate with respect to such Tranche pursuant to
Section 6.04. Asset Sales Proceeds do not constitute Available Principal
Collections.

      "Asset Sales Proceeds Deposit Amount" means, for any Tranche of Notes in
respect of which the Trust has received Asset Sales Proceeds, the amount of
Asset Sales Proceeds on deposit in the Principal Funding Sub-Account for such
Tranche.

      "Available Accumulation Reserve Account Amount" shall mean, with respect
to any Interest Payment Date, the lesser of (a) the amount on deposit in the
Accumulation Reserve Account on such date (after taking into account any
interest and earnings retained in the Accumulation Reserve Account on such date,
but before giving effect to any deposit to, or withdrawal from the Accumulation
Reserve Account made or to be made on such date), and (b) the Required
Accumulation Reserve Account Amount.

      "Available Cash Collateral Account Amount" means, with respect to any
Payment Date, an amount equal to the lesser of (a) the amount on deposit in the
Cash Collateral Account on such date (before giving effect to any deposit to, or
withdrawal from, the Cash Collateral Account made or to be made with respect to
such date) and (b) the Required Cash Collateral Account Amount for such Payment
Date.

      "Available Finance Charge Collections" shall mean, with respect to any
Monthly Period, an amount equal to the sum of (a) the Floating Investor
Percentage for such Monthly Period of Collections of Finance Charge and
Administrative Receivables (including Recoveries treated as collections of
Finance Charge and Administrative Receivables) deposited in the Collection
Account for such Monthly Period, plus (b) any amounts to be treated as Available
Finance Charge Collections pursuant to Section 4.08(a), plus (c) any amounts to
be treated as Available Finance Charge Collections pursuant to any Terms
Document.

      "Available Principal Collections" shall mean, with respect to any Monthly
Period, an amount equal to the sum of (a) the Investor Principal Collections for
such Monthly Period, minus (b) the amounts applied on such Payment Date with
respect to such Monthly Period pursuant to Section 4.11(a) through (d), plus (c)
any Shared Principal Collections with respect to other Principal Sharing Series
in Group [_] (including any amounts on deposit in the Excess Funding Account or
any amounts held by the holders of the Trust Beneficial Interest pending
allocation and distribution on any Payment Date) pursuant to Section 8.05 of the
Indenture and Section 4.32 hereof that are allocated to the AdvantaSeries, plus
(d) the aggregate amount to be treated as Available Principal Collections
pursuant to subsections 4.05(f) and (g) for the related Payment Date.

      "Base Rate" shall mean, with respect to any Monthly Period, the per annum
rate (calculated on the basis of a 360-day year consisting of twelve (12) 30-day
months) equal to the product of (i) the percentage equivalent of a fraction, the
numerator of which is equal to the sum of the Monthly Interest and the
AdvantaSeries Monthly Servicing Fee, each with respect to the related Payment
Date, and the denominator of which is the Invested Amount as of the close of
business on the last day of the immediately preceding Monthly Period, multiplied
by (ii) twelve (12).

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      "Cash Collateral Account" means the trust account designated as such and
established pursuant to Section 4.34(a).

      "Cash Collateral Account Deficit" means the excess of the Required Cash
Collateral Account Amount over the Available Cash Collateral Account Amount.

      "Class A Noteholder" shall mean the Person in whose name a Class A Note is
registered in the Note Register.

      "Class A Notes" shall mean any one of the Notes specified in the
applicable Terms Document as belonging to Class A, executed by the Issuer and
authenticated by or on behalf of the Indenture Trustee, substantially in the
form of EXHIBIT A-1.

      "Class B Noteholder" shall mean the Person in whose name a Class B Note is
registered in the Note Register.

      "Class B Notes" shall mean any one of the Notes specified in the
applicable Terms Document as belonging to Class B, executed by the Issuer and
authenticated by or on behalf of the Indenture Trustee, substantially in the
form of EXHIBIT A-2.

      "Class B Principal Allocation" means, for any Monthly Period, an amount
equal to the product of (a) the aggregate amount of Collections of Principal
Receivables allocated to the AdvantaSeries pursuant to Section 4.04 for such
Monthly Period and (b) the percentage equivalent of a fraction, the numerator of
which is the sum of the Principal Allocation Amounts for such Monthly Period for
all Class B Notes in the AdvantaSeries and the denominator of which is sum of
the Principal Allocation Amounts for such Monthly Period for all Notes in the
AdvantaSeries.

      "Class B Unencumbered Amount" means an amount equal to the Adjusted
Outstanding Principal Balance of all Class B Notes in the AdvantaSeries minus
the Required Subordinated Amount of Class B Notes for all Class A Notes in the
AdvantaSeries.

      "Class C Noteholder" shall mean the Person in whose name a Class C Note is
registered in the Note Register.

      "Class C Notes" shall mean any one of the Notes specified in the
applicable Terms Document as belonging to Class C, executed by the Issuer and
authenticated by or on behalf of the Indenture Trustee, substantially in the
form of EXHIBIT A-3.

      "Class C Principal Allocation" means, for any Monthly Period, an amount
equal to the product of (a) the aggregate amount of Collections of Principal
Receivables allocated to the AdvantaSeries pursuant to Section 4.04 for such
Monthly Period and (b) the percentage equivalent of a fraction, the numerator of
which is the sum of the Principal Allocation Amounts for such Monthly Period for
all Class C Notes in the AdvantaSeries and the denominator of which is sum of
the Principal Allocation Amounts for such Monthly Period for all Notes in the
AdvantaSeries.

                                     - 9 -
<PAGE>

      "Class C Unencumbered Amount" means an amount equal to (a) the Adjusted
Outstanding Principal Balance of all Class C Notes in the AdvantaSeries minus
(b) the sum of the Required Subordinated Amount of Class C Notes for all Class A
Notes in the AdvantaSeries plus the Unencumbered Required Subordinated Amount of
Class C Notes for all Class B Notes in the AdvantaSeries.

      "Class D Noteholder" shall mean the Person in whose name a Class D Note is
registered in the Note Register.

      "Class D Notes" shall mean any one of the Notes specified in the
applicable Terms Document as belonging to Class D, executed by the Issuer and
authenticated by or on behalf of the Indenture Trustee, substantially in the
form of EXHIBIT A-4.

      "Class D Principal Allocation" means, for any Monthly Period, an amount
equal to the product of (a) the aggregate amount of Collections of Principal
Receivables allocated to the AdvantaSeries pursuant to Section 4.04 for such
Monthly Period and (b) the percentage equivalent of a fraction, the numerator of
which is the sum of the Principal Allocation Amounts for such Monthly Period for
all Class D Notes in the AdvantaSeries and the denominator of which is sum of
the Principal Allocation Amounts for such Monthly Period for all Notes in the
AdvantaSeries.

      "Class D Unencumbered Amount" means an amount equal to (a) the Adjusted
Outstanding Principal Balance of all Class D Notes in the AdvantaSeries minus
(b) the sum of the Required Subordinated Amount of Class D Notes for all Class A
Notes in the AdvantaSeries plus the Unencumbered Required Subordinated Amount of
Class D Notes for all Class B Notes in the AdvantaSeries plus the Unencumbered
Required Subordinated Amount of Class D Notes for all Class C Notes in the
AdvantaSeries.

      "Closing Date" means: (i) for a Class or Tranche of AdvantaSeries Notes,
the date of initial issuance of such Class or Tranche, as set forth in the
related Terms Document; and (ii) for additional notes of a Class or Tranche
issued after the initial issuance of notes of such Class or Tranche, the date of
such issuance.

      "Controlled Accumulation Period" means, for any Tranche of AdvantaSeries
Notes, the period during which deposits are required to be made into the
Principal Funding Sub-Account for such Tranche of Notes pursuant to Section
4.11(e), Section 4.14 and the related Terms Document.

      "Controlled Deposit Amount" means, for a Tranche of AdvantaSeries Notes,
the amount set forth in the Terms Document.

      "Coverage Funding Excess Amount" means, with respect to any Senior Class
of Notes for any date, after giving effect to all issuances, allocations,
deposits and payments with respect to that date, the aggregate amounts on
deposit in the Principal Funding Sub-Accounts of the Notes of that Class that
are in excess of the aggregate amount targeted to be on deposit in those
Principal Funding Sub-Accounts pursuant to Section 4.14 and the related Terms
Document.

                                     - 10 -
<PAGE>

      "Coverage Funding Required Amount" means the amount calculated pursuant to
Section 4.23.

      "Covered Amount" shall have the meaning, with respect to any Tranche of
Notes, set forth in the related Terms Document.

      "Determination Date" means, unless otherwise specified in a Terms Document
for a particular Tranche, the third Business Day preceding the fifteenth day of
each calendar month.

      "Early Amortization Period" shall mean the period commencing on the
Business Day on which a Pay Out Event with respect to a Tranche of the
AdvantaSeries is deemed to have occurred, and ending on the first to occur of
(i) the payment in full of the Outstanding Principal Balance and (ii) the Final
Maturity Date, in each case with respect to the related Tranche of AdvantaSeries
Notes.

      "Encumbered Required Cash Collateral Amount" means:

            (i) for the Class B Notes, an amount equal to the Required Cash
      Collateral Amount for the Class A Notes in the AdvantaSeries;

            (ii) for the Class C Notes, an amount equal to the sum of (a) the
      Required Cash Collateral Amount for the Class A Notes in the AdvantaSeries
      and (b) the Unencumbered Required Cash Collateral Amount for the Class B
      Notes in the AdvantaSeries; and

            (iii) for the Class D Notes, an amount equal to the sum of (a) the
      Required Cash Collateral Amount for the Class A Notes in the
      AdvantaSeries, (b) the Unencumbered Required Cash Collateral Amount for
      the Class B Notes in the AdvantaSeries and (c) the Unencumbered Required
      Cash Collateral Amount for the Class C Notes in the AdvantaSeries.

      "Encumbered Required Subordinated Amount of Class C Notes" means, for the
Class B Notes, an amount equal to the aggregate Required Subordinated Amount of
Class C Notes for all Class A Notes in the AdvantaSeries.

      "Encumbered Required Subordinated Amount of Class D Notes" means:

            (i) for the Class B Notes, an amount equal to the aggregate Required
      Subordinated Amount of Class D Notes for all Class A Notes in the
      AdvantaSeries; and

            (ii) for the Class C Notes, an amount equal to the aggregate
      Required Subordinated Amount of Class D Notes for all Class A Notes in the
      AdvantaSeries plus the sum of the Unencumbered Required Subordinated
      Amount of Class D Notes for all Class B Notes in the AdvantaSeries.

      "Excess Finance Charge Collections" means, with respect to any Payment
Date with respect to the AdvantaSeries, the amount of Available Finance Charge
Collections for such Payment Date available after application in accordance with
Sections 4.05(a) through (k).

                                     - 11 -
<PAGE>

      "Excess Spread Account" means the trust account designated as such and
established pursuant to Section 4.34(a).

      "Excess Spread Account Percentage" shall mean, (i) 0.00%, if the Quarterly
Excess Spread Percentage on such Payment Date is greater than or equal to 4.50%,
(ii) 1.00%, if the Quarterly Excess Spread Percentage on such Payment Date is
less than 4.50% and greater than or equal to 4.00%, (iii) 2.00%, if the
Quarterly Excess Spread Percentage on such Payment Date is less than 4.00% and
greater than or equal to 3.50%; (iv) 2.50%, if the Quarterly Excess Spread
Percentage on such Payment Date is less than 3.50% and greater than or equal to
3.00%, (v) 3.00%, if the Quarterly Excess Spread Percentage on such Payment Date
is less than 3.00% and greater than or equal to 2.00%, (vi) 4.00%, if the
Quarterly Excess Spread Percentage is less than 2.00% and greater than 0.00%,
and (vii) [_]%, if the Quarterly Excess Spread Percentage is 0% or less;
provided, however, if the Excess Spread Account Percentage for any Payment Date
is higher than the Excess Spread Account Percentage for the immediately
preceding Payment Date, the Excess Spread Account Percentage shall not be
subsequently decreased to a lower percentage until the first Payment Date (a)
that falls on or after the third Payment Date following the Payment Date on
which the Excess Spread Account Percentage had been increased and (b) on which
the Quarterly Excess Spread Percentage has increased to a level above that for
the then-current Excess Spread Account Percentage, in which case the Excess
Spread Account Percentage shall be decreased to the appropriate percentage
specified in clauses (i) through (vii) of the definition thereof; and provided
further, that if a Pay Out Event with respect to the AdvantaSeries has occurred
(other than a Pay Out Event described in Section 6.01(e)), the Excess Spread
Account Percentage shall be [_]% and shall no longer be subject to reduction;
and, provided, further, that the Excess Spread Account Percentage may be a lower
amount designated by the Transferor, provided, that the Transferor shall provide
the Servicer and the Indenture Trustee with evidence that the Rating Agency
Condition with respect to such designation shall have been satisfied.

      "Excess Spread Percentage" shall mean with respect to any Payment Date, a
percentage equal to the Net Portfolio Yield for the preceding Monthly Period
minus the Base Rate for the preceding Monthly Period.

      "Expected Final Principal Payment Date" means, with respect to any Class
or Tranche of Notes, the scheduled due date of any payment of principal on such
Notes, as specified in the related Terms Document, or if such day is not a
Business Day, the next following Business Day.

      "Final Maturity Date" means, with respect to a Class or Tranche of Notes,
the date specified in the related Terms Document for such Note as the fixed date
on which the principal of such Class or Tranche of Notes is due and payable.

      "Finance Charge Shortfall" means, for the AdvantaSeries, for any Payment
Date the amount equal to the excess, if any, of (a) the full amount required to
be paid, without duplication, pursuant to Sections 4.05(a) through (i) on such
Payment Date, but excluding the amount described in Section 4.05(h), over (b)
the Available Finance Charge Collections with respect to such Payment Date
(excluding any portion thereof attributable to Excess Finance Charge
Collections).

                                     - 12 -
<PAGE>

      "Fixed Investor Percentage" means, for any Monthly Period, for the
AdvantaSeries Notes, the percentage equivalent (which percentage shall not
exceed 100%) of a fraction, (a) the numerator of which is equal to the sum of
the Principal Allocation Amounts for all Classes or Tranches of AdvantaSeries
Notes as of the close of business of the last day of the preceding Monthly
Period (or with respect to the first Monthly Period, as of the Closing Date),
and (b) the denominator of which is the greater of (i) the sum of (A) the total
amount of Principal Receivables in the Trust as of the close of business on the
last day of the immediately preceding Monthly Period (or with respect to the
first Monthly Period, the total amount of Principal Receivables in the Trust as
of the close of business on the date of issuance of the first Tranche pursuant
to this Indenture Supplement) and (B) the principal amount on deposit in the
Excess Funding Account as of the close of business on such last day (or with
respect to the first Monthly Period, the date of issuance of the first Tranche
pursuant to this Indenture Supplement) and (ii) the sum of the numerators used
to calculate the investor percentages for allocations with respect to Principal
Receivables for all Series of Notes for such Monthly Period; provided, however,
that with respect to any Monthly Period in which one or more Reset Dates occur,
the Fixed Investor Percentage shall be recalculated as provided above but the
numerator and denominator shall be determined as of such Reset Date, for the
period from and after the date on which any such Reset Date occurs to but
excluding the date, if any, on which another such Reset Date occurs or, if no
other Reset Date occurs during such Monthly Period, to and including the last
day of such Monthly Period.

      "Floating Allocation Amount" means, for any date of determination, for any
Class or Tranche of AdvantaSeries Notes, the sum of:

            (a) the Adjusted Invested Amount of such Class or Tranche of
      AdvantaSeries Notes as of the last day of the preceding Monthly Period, or
      with respect to the first Monthly Period for any Class or Tranche of
      AdvantaSeries Notes, the Initial Principal Balance of such Class or
      Tranche, plus

            (b) the aggregate amount of any increase in the Adjusted Invested
      Amount of any Class or Tranche of AdvantaSeries Notes during the current
      Monthly Period due to (x) the issuance of additional Notes of such Class
      or Tranche of AdvantaSeries Notes during such Monthly Period or (y) the
      release of Coverage Funding Excess Amounts (other than amounts that were
      deposited into the applicable Principal Funding Sub-Account for such Class
      or Tranche of AdvantaSeries Notes during such Monthly Period) for such
      Class or Tranche of AdvantaSeries Notes from the applicable Principal
      Funding Sub-Account.

      "Floating Investor Percentage" means, for any Monthly Period, for the
AdvantaSeries Notes, the percentage equivalent (which percentage shall not
exceed 100%) of a fraction, (a) the numerator of which is the sum of the
Floating Allocation Amounts as of the close of business on the last day of the
preceding Monthly Period of all Classes and Tranches of AdvantaSeries Notes for
such Monthly Period, and (b) the denominator of which is the greater of (i) the
sum of (A) the total amount of Principal Receivables in the Trust as of the
close of business on the last day of the immediately preceding Monthly Period
(or with respect to the first Monthly Period, the total amount of Principal
Receivables in the Trust as of the close of business on the date of issuance of
the first Tranche pursuant to this Indenture Supplement) and (B) the principal
amount on deposit

                                     - 13 -
<PAGE>

in the Excess Funding Account as of the close of business on such last day (or
with respect to the first Monthly Period, as of the date of issuance of the
first Tranche pursuant to this Indenture Supplement) and (ii) sum of the
numerators used to calculate the investor percentages for allocations with
respect to Finance Charge and Administrative Receivables, Defaulted Amounts or
Principal Receivables, as applicable, for all Series of Notes for such Monthly
Period; provided, however, that with respect to any Monthly Period in which one
or more Reset Dates occur, the Floating Investor Percentage shall be
recalculated as provided above but the numerator and denominator shall be
determined as of such Reset Date, for the period from and after the date on
which any such Reset Date occurs to but excluding the date, if any, on which
another such Reset Date occurs or, if no other Reset Date occurs during such
Monthly Period, to and including the last day of such Monthly Period.

      "Group [_]" shall mean Series 1997-A, Series 2000-C, Series 2001-A, Series
2002-A, Series 2003-A, Series 2003-B, Series 2003-C, Series 2003-D, the
AdvantaSeries and each other Series hereafter specified in the related indenture
supplement to be included in Group [_], for so long as each such Series is
Outstanding.

      "Initial Principal Balance" means, unless otherwise specified in the
applicable Terms Document, with respect to any Class or Tranche of Notes, the
initial principal balance of such Notes, and with respect to the AdvantaSeries,
the aggregate Initial Principal Balance of all Outstanding Notes of the
AdvantaSeries.

      "Interest Payment Date" means, with respect to any Class or Tranche of
AdvantaSeries Notes, the scheduled due date of any payment of interest on such
Notes, which shall be each Payment Date unless otherwise specified in the
related Terms Document. The first Interest Payment Date for a Tranche of Notes
shall be specified in the related Terms Document.

      "Interest Period" means, with respect to any Interest Payment Date, the
period from and including the previous Interest Payment Date (or in the case of
the initial Interest Payment Date, from and including the Closing Date) through
the day preceding such Interest Payment Date.

      "Interest Shortfall" shall have the meaning specified in Section 4.06.

      "Invested Amount" shall mean, as of any date of determination, an amount
equal to (i) the sum of the Initial Principal Balances of all Tranches of
Outstanding AdvantaSeries Notes, minus (ii) the amount of principal previously
paid to the AdvantaSeries Noteholders, minus (iii) the excess, if any, of the
aggregate amount of any Investor Charge-Offs allocated to the AdvantaSeries
Notes pursuant to Section 4.09 and any Available Principal Collections
reallocated pursuant to Section 4.11 over the reimbursements of any such amounts
pursuant to Section 4.05(g).

      "Investor Charge-Offs" means, with respect to any Payment Date, the
aggregate amount, if any, by which the AdvantaSeries Defaulted Amount, if any,
for such Payment Date exceeds the sum of (i) Available Finance Charge
Collections allocated with respect thereto pursuant to Section 4.05(f) for such
Payment Date, (ii) amounts withdrawn from the Excess Spread Account pursuant to
Section 4.27 and (iii) amounts withdrawn from the Cash Collateral Account
pursuant to Section 4.25(b).

                                     - 14 -
<PAGE>

      "Investor Percentage" shall mean, for any Monthly Period, (a) with respect
to Defaulted Amounts and Finance Charge and Administrative Receivables, the
Floating Investor Percentage and (b) with respect to Principal Receivables, the
Fixed Investor Percentage.

      "Investor Principal Collections" shall mean, with respect to any Monthly
Period, the aggregate amount retained in the Collection Account for the
AdvantaSeries pursuant to Section 4.04 for such Monthly Period and any amount
treated as Investor Principal Collections for the AdvantaSeries pursuant to
Section 8.03(b) of the Indenture.

      "Issuer Account" means, collectively, the Collection Account, the
Principal Funding Account, the Accumulation Reserve Account, the Cash Collateral
Account and the Excess Spread Account, including any Sub-Accounts thereof, and
any other trust account established pursuant to Section 4.34 or under a Terms
Document in connection with the issuance of a Class or Tranche of AdvantaSeries
Notes.

      "Monthly Interest" means the aggregate amount of withdrawals from the
Collection Account on any Payment Date with respect to all Tranches of
AdvantaSeries Notes pursuant to Section 4.17(a), minus the amount of any overdue
and additional interest.

      "Net Portfolio Yield" shall mean, with respect to any Monthly Period, the
per annum rate (calculated on the basis of a 360-day year consisting of twelve
(12) 30-day months) equal to the product of (I) the percentage equivalent of a
fraction, (a) the numerator of which is equal to the sum of (i) the Floating
Investor Percentage for such Monthly Period of Collections of Finance Charge and
Administrative Receivables (including Recoveries treated as collections of
Finance Charge and Administrative Receivables) deposited in the Collection
Account for such Monthly Period and (ii) amounts described in subsections
4.08(i), (ii) and (iv), in each case relating to such Monthly Period, such sum
to be calculated on a cash basis after subtracting the AdvantaSeries Defaulted
Amount for such Monthly Period, and (b) the denominator of which is the Invested
Amount as of the last day of the prior Monthly Period, multiplied by (II) twelve
(12); provided, however, that any Excess Finance Charge Collections that are
allocated to the AdvantaSeries with respect to such Monthly Period may be added
to the numerator if the Transferor shall have provided ten (10) Business Days
prior written notice of such action to each Rating Agency and shall have
satisfied the Rating Agency Condition.

      "Note Interest Rate" means, with respect to a Class or Tranche of Notes,
the rate of interest borne by such Notes specified in the related Terms
Document.

      "Outstanding Principal Balance" means at any time with respect to any
Class or Tranche of Notes, the aggregate Initial Principal Balance of the Notes
of such Class or Tranche at such time, minus the amount of any withdrawals from
any Issuer Account for payment of principal to the Holders of such Class or
Tranche.

      "Payment Date" shall mean the twentieth day of each calendar month
thereafter, or if such twentieth day is not a Business Day, the next succeeding
Business Day.

      "Percentage Allocation" shall have the meaning specified in Section
4.04(a)(y).

                                     - 15 -
<PAGE>

      "Principal Allocation Amount" means, for any Monthly Period, for the
AdvantaSeries Notes,

            (a) for all Classes or Tranches of AdvantaSeries Notes in a
      Controlled Accumulation Period, the Adjusted Invested Amount of such Class
      or Tranche of AdvantaSeries Notes as of the close of business on the last
      day of the preceding Monthly Period (or with respect to the first Monthly
      Period, as of the Closing Date) prior to the commencement of the most
      recent Controlled Accumulation Period for such Class or Tranche of the
      AdvantaSeries,

            (b) for all Classes or Tranches of AdvantaSeries Notes in an Early
      Amortization Period, the Adjusted Invested Amount of such Class or Tranche
      of AdvantaSeries Notes as of the close of business on the last day of the
      preceding Monthly Period (or with respect to the first Monthly Period, as
      of the Closing Date) prior to the commencement of the Early Amortization
      Period for such Class or Tranche of the AdvantaSeries,

            (c) for all other Classes or Tranches of Outstanding AdvantaSeries
      Notes, the sum of:

                  (i) the Adjusted Invested Amount of such Classes or Tranches
      of AdvantaSeries Notes, as of the close of business on the last day of the
      immediately preceding Monthly Period, or with respect to the first Monthly
      Period for any Class or Tranche of AdvantaSeries Notes, the Initial
      Principal Balance of such Class or Tranche, and

                  (ii) the aggregate amount of any increase in the Adjusted
      Invested Amount of such Class or Tranche of AdvantaSeries Notes during the
      current Monthly Period due to (x) the issuance of additional Notes of such
      Class or Tranche of AdvantaSeries Notes during such Monthly Period or (y)
      the release of Coverage Funding Excess Amounts (other than amounts that
      were deposited into the applicable Principal Funding Sub-Account for such
      Class or Tranche of AdvantaSeries Notes during such Monthly Period) for
      such Class or Tranche of AdvantaSeries Notes from the Principal Funding
      Account or applicable Principal Funding Sub-Account;

provided, however, that if after the commencement of a Controlled Accumulation
Period for a Tranche of Notes, another Tranche of Notes that was designated in
or under the Terms Document therefor as a Tranche that is a "Paired Tranche"
with respect to the first Tranche of Notes, the Administrator, on behalf of the
Issuer, may, by written notice delivered to the Indenture Trustee, designate an
amount (the "Paired Amount") to be subtracted from the amount calculated
pursuant to clause (a) or (b) above for the second Tranche of Notes, provided
that (x) such amount shall not exceed [_]% of the aggregate amount on deposit in
the Principal Funding Sub-Account for such first Tranche of Notes and (y) the
Issuer shall have received written notice from each Rating Agency that such
designation will satisfy the Rating Agency Condition and shall have delivered
copies of each such written notice to the Indenture Trustee and the Issuer shall
have delivered to the Indenture Trustee an Officer's Certificate to the effect
that, based on

                                     - 16 -
<PAGE>

the facts known to such officer at that time, in the reasonable belief of the
Issuer, such designation will not have an Adverse Effect with respect to any
Outstanding Notes.

      "Principal Funding Account" means the trust account designated as such and
established pursuant to Section 4.34(a).

      "Principal Funding Investment Proceeds" means, for each Interest Payment
Date, the investment earnings on funds in the Principal Funding Sub-Account for
a Tranche or Class of Notes (net of investment expenses and losses), for the
period from and including the immediately preceding Payment Date to but
excluding such Payment Date.

      "Principal Funding Sub-Account Amount" means, with respect to any Tranche
of Notes as of any date, the amount on deposit in the Principal Funding
Sub-Account for such Tranche of Notes on such date.

      "Principal Payment Date" means, with respect to any Class or Tranche of
AdvantaSeries Notes, each Expected Final Principal Payment Date, or upon the
acceleration of such Class or Tranche of Notes following an Event of Default or
upon the occurrence of a Pay Out Event, or other optional or mandatory
redemption of such Class or Tranche of AdvantaSeries Notes, each Payment Date.

      "Quarterly Excess Spread Percentage" shall mean (a) with respect to the
[_] [_], [_] Payment Date, the Excess Spread Percentage for the [_] [_], [_]
Payment Date, (b) with respect to the [_] [_], [_] Payment Date, the percentage
equivalent of a fraction the numerator of which is the sum of (i) the Excess
Spread Percentage for the [_] [_], [_] [clause a] Payment Date and (ii) the
Excess Spread Percentage for the [_] [_], [_] [clause b] Payment Date and the
denominator of which is two, (c) with respect to the [_] [_], [_] Payment Date,
the percentage equivalent of a fraction the numerator of which is the sum of (i)
the Excess Spread Percentage for the [_] [_], [_] [clause a] Payment Date, (ii)
the Excess Spread Percentage for the [_] [_], [_] [clause b] Payment Date and
(iii) the Excess Spread Percentage for the [_] [_], [_] [clause c] Payment Date
and the denominator of which is three, (d) with respect to the [_] [_], [_]
Payment Date and each Payment Date thereafter, the percentage equivalent of a
fraction the numerator of which is the sum of the Excess Spread Percentages for
the then-current Payment Date and the immediately preceding two Payment Dates
and the denominator of which is three.

      "Rating Agency" shall mean, with respect to a particular Tranche of Notes,
as specified in a Terms Document.

      "Required Accumulation Reserve Account Amount" shall mean with respect to
a Tranche of Notes, with respect to any Interest Payment Date on or after the
Accumulation Reserve Account Funding Date with respect to a Tranche of Notes, an
amount equal to (a) the product of (i) [_]% of the Outstanding Principal Balance
of such Tranche of Notes as of the preceding Interest Payment Date and (ii) a
fraction the numerator of which is the number of Monthly Periods scheduled to be
included in the Controlled Accumulation Period with respect to a Tranche of
Notes as of such date and the denominator of which is eight (except that if such
numerator is one, the Required Accumulation Reserve Account Amount determined
pursuant to this clause (a) shall be ($0), or (b) any other amount designated by
the Transferor; provided,

                                     - 17 -
<PAGE>

however, that if such designation is of a lesser amount, the Transferor shall
(i) provide the Servicer and the Indenture Trustee with evidence that the Rating
Agency Condition with respect to such designation shall have been satisfied and
(ii) deliver to the Indenture Trustee a certificate of an Authorized Officer to
the effect that, based on the facts known to such officer at such time, in the
reasonable belief of the Transferor, such designation will not cause a Pay Out
Event or an event that, after the giving of notice or the lapse of time, would
cause a Pay Out Event to occur with respect to such Tranche of Notes.

      "Required Cash Collateral Amount" means:

                  (i) for the Class A Notes for any date of determination, an
      amount equal to the product of (a) the Required Cash Collateral Percentage
      for the Class A Notes on such date of determination and (b) the Adjusted
      Outstanding Principal Balance of the Class A Notes on such date of
      determination;

                  (ii) for the Class B Notes for any date of determination, an
      amount equal to the sum of (a) the Unencumbered Required Cash Collateral
      Amount for such Class B Notes on such date of determination and (b) the
      Encumbered Required Cash Collateral Amount for such Class B Notes on such
      date of determination;

                  (iii) for the Class C Notes for any date of determination, an
      amount equal to the sum of (a) the Unencumbered Required Cash Collateral
      Amount for such Class C Notes on such date of determination and (b) the
      Encumbered Required Cash Collateral Amount for such Class C Notes on such
      date of determination; and

                  (iv) for the Class D Notes for any date of determination, an
      amount equal to the sum of (a) the Unencumbered Required Cash Collateral
      Amount for such Class D Notes on such date of determination and (b) the
      Encumbered Required Cash Collateral Amount for such Class D Notes on such
      date of determination.

      "Required Cash Collateral Percentage" means:

                  (i) for the Class A Notes, [_]%;

                  (ii) for the Class B Notes, [_]%;

                  (iii) for the Class C Notes, [_]%; and

                  (iv) for the Class D Notes, [_]%.

      "Required Excess Spread Account Amount" shall mean for any Payment Date,
the product of (i) the Excess Spread Account Percentage in effect on such date
and (ii) the sum of the Initial Principal Balances of all Outstanding Tranches
of the AdvantaSeries Notes as of the last day of the preceding Monthly Period;
provided, however, that the Required Excess Spread Account Amount will not
exceed the Outstanding Principal Balance of the Outstanding Notes.

      "Required Principal Deposit Amount" means, with respect to any Class or
Tranche, for any Payment Date, the aggregate amount required to be deposited in
the Principal Funding

                                     - 18 -
<PAGE>

Account pursuant to Section 4.14 for such Payment Date. The Required Principal
Deposit Amount for the AdvantaSeries will be the sum of the Required Principal
Deposit Amounts for all Tranches of Notes.

      "Required Subordinated Amount of Class B Notes" means, for the Class A
Notes for any date of determination, an amount equal to the product of (a) the
Required Subordinated Percentage of Class B Notes for the Class A Notes on such
date of determination and (b) the Adjusted Outstanding Principal Balance of the
Class A Notes on such date of determination; provided, however, that for any
date of determination on or after the occurrence and during the continuation of
a Pay Out Event that affects the Class A Notes, the Required Subordinated Amount
of Class B Notes for the Class A Notes will be the greater of (x) the amount
determined above for such date of determination and (y) the amount determined
above for the date immediately prior to the date on which such Pay Out Event
shall have occurred.

      "Required Subordinated Amount of Class C Notes" means:

                  (i) for the Class A Notes for any date of determination, an
      amount equal to the product of (a) the Required Subordinated Percentage of
      Class C Notes for the Class A Notes on such date of determination and (b)
      the Adjusted Outstanding Principal Balance of the Class A Notes on such
      date of determination; provided, however, that for any date of
      determination on or after the occurrence and during the continuation of a
      Pay Out Event that affects the Class A Notes, the Required Subordinated
      Amount of Class C Notes for the Class A Notes will be the greater of (x)
      the amount determined above for such date of determination and (y) the
      amount determined above for the date immediately prior to the date on
      which such Pay Out Event shall have occurred.

                  (ii) for the Class B Notes for any date of determination, an
      amount equal to the sum of (a) the Unencumbered Required Subordinated
      Amount of Class C Notes for the Class B Notes on such date of
      determination and (b) the Encumbered Required Subordinated Amount of such
      Class C Notes on such date of determination; provided, however, that for
      any date of determination on or after the occurrence and during the
      continuation of a Pay Out Event that affects the Class B Notes, the
      Required Subordinated Amount of Class C Notes for the Class B Notes will
      be the greater of (x) the amount determined above for such date of
      determination and (y) the amount determined above for the date immediately
      prior to the date on which such Pay Out Event shall have occurred.

      "Required Subordinated Amount of Class D Notes" means:

                  (i) for the Class A Notes for any date of determination, an
      amount equal to the product of (a) the Required Subordinated Percentage of
      Class D Notes for the Class A Notes on such date of determination and (b)
      the Adjusted Outstanding Principal Balance of the Class A Notes on such
      date of determination; provided however, that for any date of
      determination on or after the occurrence and during the continuation of a
      Pay Out Event that affects the Class A Notes, the Required Subordinated
      Amount of Class D Notes for the Class A Notes will be the greater of (x)
      the amount determined above for

                                     - 19 -
<PAGE>

      such date of determination and (y) the amount determined above for the
      date immediately prior to the date on which such Pay Out Event shall have
      occurred;

                  (ii) for the Class B Notes for any date of determination, an
      amount equal to the sum of (a) the Unencumbered Required Subordinated
      Amount of Class D Notes for such Class B Notes on such date of
      determination and (b) the Encumbered Required Subordinated Amount of Class
      D Notes for such Class B Notes on such date of determination; provided,
      however, that for any date of determination on or after the occurrence and
      during the continuation of a Pay Out Event that affects the Class B Notes,
      the Required Subordinated Amount of Class D Notes for the Class B Notes
      will be the greater of (x) the amount determined above for such date of
      determination and (y) the amount determined above for the date immediately
      prior to the date on which such Pay Out Event shall have occurred; and

                  (iii) for the Class C Notes for any date of determination, an
      amount equal to the sum of (a) the Unencumbered Required Subordinated
      Amount of Class D Notes for such Class C Notes on such date of
      determination and (b) the Encumbered Required Subordinated Amount of Class
      D Notes for such Class C Notes on such date of determination; provided
      however, that for any date of determination on or after the occurrence and
      during the continuation of a Pay Out Event that affects the Class C Notes,
      the Required Subordinated Amount of Class D Notes for the Class C Notes
      will be the greater of (x) the amount determined above for such date of
      determination and (y) the amount determined above for the date immediately
      prior to the date on which such Pay Out Event shall have occurred.

      "Required Subordinated Percentage of Class B Notes" means, for the Class A
Notes, [_]%, subject to adjustment in accordance with Section 4.13.

      "Required Subordinated Percentage of Class C Notes" means:

                  (i) for the Class A Notes, [_]%, subject to adjustment in
      accordance with Section 4.13; and

                  (ii) for the Class B Notes, [_]%, subject to adjustment in
      accordance with Section 4.13.

      "Required Subordinated Percentage of Class D Notes" means:

                  (i) for the Class A Notes, [_]%, subject to adjustment in
      accordance with Section; 4.13;

                  (ii) for the Class B Notes, [_]%, subject to adjustment in
      accordance with Section 4.13; and

                  (iii) for the Class C Notes, [_]%.

      "Required Transferor Interest" shall have the meaning specified in the
Indenture.

                                     - 20 -
<PAGE>

      "Reserve Account Surplus" shall mean with respect to a Tranche of Notes,
as of any Payment Date following the Accumulation Reserve Account Funding Date,
the amount, if any, by which the amount on deposit in the Accumulation Reserve
Account exceeds the Aggregate Required Accumulation Reserve Account Amount for
such Tranche of Notes.

      "Reserve Draw Amount" shall mean with respect to a Tranche of Notes, with
respect to each Interest Payment Date during the Controlled Accumulation Period
or the first Interest Payment Date during the Early Amortization Period with
respect to a Tranche of Notes, the amount, if any, by which the Principal
Funding Investment Proceeds with respect to a Tranche of Notes for such Interest
Payment Date are less than the Covered Amount determined as of such Interest
Payment Date.

      "Reset Date" shall mean, any date that is (i) an Addition Date, (ii) a
date on which an increase or decrease in the Invested Amount of any Tranche of
Notes in the AdvantaSeries that is a variable principal funding Tranche occurs,
(iii) a Removal Date or (iv) a date on which an increase in the Invested Amount
of the AdvantaSeries occurs as a result of (A) the issuance of a new Tranche of
AdvantaSeries Notes or the issuance of additional Notes of an Outstanding
Tranche of AdvantaSeries Notes or (B) the release of Coverage Funding Excess
Amounts (other than amounts that were deposited into the applicable Principal
Funding Sub-Account for such Class or Tranche of AdvantaSeries Notes during the
related Monthly Period) for such Class or Tranche of AdvantaSeries Notes from
the applicable Principal Funding Sub-Account..

      "Revolving Period" means, for any Tranche of AdvantaSeries Notes, the
period beginning on the Closing Date and ending on the earlier of the close of
business on the day the Controlled Accumulation Period, any other Accumulation
Period, the Early Amortization Period or any other Amortization Period
commences.

      "Senior Class" means (a) with respect to the Class B Notes, the Class A
Notes, (b) with respect to the Class C Notes, the Class A Notes or Class B Notes
and (c) with respect to the Class D Notes, the Class A Notes, Class B Notes or
Class C Notes.

      "Series Termination Date" means the Final Maturity Date of the last
Outstanding Tranche of AdvantaSeries Notes.

      "Servicing Fee Shortfall" means for any Payment Date, the excess, if any,
of (a) the aggregate amount payable to the Servicer pursuant to Section 4.05(c)
with respect to such Payment Date, and (b) the aggregate amount of Available
Finance Charge Collections available after giving effect to Section 4.05(b) on
such Payment Date.

      "Servicing Fee Rate" shall mean 2% per annum, which may be changed
pursuant to subsection 3.01(c).

      "Shared Principal Collections" means, with respect to any Payment Date,
with respect to the AdvantaSeries, the amount of Available Principal Collections
for such Payment Date available after application in accordance with Sections
4.11(a) through (e).

      "Standard & Poor's" shall mean Standard & Poor's, a division of the
McGraw-Hill Companies, Inc. and any successor in interest thereto.

                                     - 21 -
<PAGE>

      "Sub-Account" means each portion of an Issuer Account designated as such
pursuant to this Indenture Supplement or the applicable Terms Document.

      "Subordinated Notes" means (a) with respect to the Class A Notes, the
Class B Notes, Class C Notes or Class D Notes, (b) with respect to the Class B
Notes, the Class C Notes or Class D Notes, and (c) with respect to the Class C
Notes, the Class D Notes.

      "Terms Document" means, with respect to any Class or Tranche of Notes, a
supplement to the Indenture Supplement that establishes such Class or Tranche
and specifies the terms of such Class or Tranche.

      "Tranche" means, with respect to any Class of Notes, Notes of such Class
which have identical terms, conditions and Tranche designation. Notes of a
single Tranche may be issued on different dates.

      "Unencumbered Required Cash Collateral Amount" means:

                  (i) for the Class B Notes, an amount equal to the product of
      (a) the Class B Unencumbered Amount and (b) the Required Cash Collateral
      Percentage for the Class B Notes; and

                  (ii) for the Class C Notes, an amount equal to the product of
      (a) the Class C Unencumbered Amount and (b) the Required Cash Collateral
      Percentage for the Class C Notes; and

                  (iii) for the Class D Notes, an amount equal to the product of
      (a) the Class D Unencumbered Amount and (b) the Required Cash Collateral
      Percentage for the Class D Notes.

      "Unencumbered Required Subordinated Amount of Class C Notes" means, for
the Class B Notes, an amount equal to the product of (a) the Class B
Unencumbered Amount and (b) the Required Subordinated Percentage of Class C
Notes for the Class B Notes.

      "Unencumbered Required Subordinated Amount of Class D Notes" means:

                  (i) for the Class B Notes, an amount equal to the product of
      (a) the Class B Unencumbered Amount and (b) the Required Subordinated
      Percentage of Class D Notes for the Class B Notes; and

                  (ii) for the Class C Notes, an amount equal to the product of
      (a) the Class C Unencumbered Amount and (b) the Required Subordinated
      Percentage of Class D Notes for the Class C Notes.

      The words "HEREOF," "HEREIN," "HEREUNDER" and words of similar import when
used in this Indenture Supplement shall refer to this Indenture Supplement as a
whole and not to any particular provision of this Indenture Supplement;
references to any Article, subsection, Section or Exhibit are references to
Articles, subsections, Sections and Exhibits in or to this Indenture

                                     - 22 -
<PAGE>

Supplement unless otherwise specified; and the term "INCLUDING" means "INCLUDING
WITHOUT LIMITATION."

                               [END OF ARTICLE II]

                                     - 23 -
<PAGE>

                                  ARTICLE III
                          Servicing Fee and Interchange

      Section 3.01 Servicing Compensation; Interchange.

      (a) Servicing Fee. The Servicer shall determine the share of the Servicing
Fee allocable to the AdvantaSeries with respect to any Payment Date (the
"ADVANTASERIES MONTHLY SERVICING FEE"), which shall be equal to one-twelfth of
the product of (a) the Servicing Fee Rate and (b) (i) the Adjusted Invested
Amount of the AdvantaSeries as of the last day of the Monthly Period preceding
such Payment Date, minus (ii) the product of the amount, if any, on deposit in
the Excess Funding Account as of the last day of the Monthly Period preceding
such Payment Date and the Floating Investor Percentage with respect to such
Monthly Period; provided, however, that with respect to the first Payment Date
following the date of initial issuance of a Class or Tranche, the related Terms
Document may specify a specific amount as the AdvantaSeries Monthly Servicing
Fee allocated to such Class or Tranche. The remainder of the AdvantaSeries
Monthly Servicing Fee shall be paid by the holder of the Transferor Beneficial
Interest or the noteholders of other Series (as provided in the related
Indenture Supplements) and in no event shall the Trust, the Indenture Trustee or
the AdvantaSeries Noteholders be liable for the share of the Servicing Fee to be
paid by the holder of the Transferor Beneficial Interest or the Noteholders of
any other Series. To the extent that the AdvantaSeries Monthly Servicing Fee is
not paid in full pursuant to the preceding provisions of this Section 3.01,
Section 4.05(c), Section 4.11(c), Section 4.25(a) and Section 4.27(a), it shall
be paid by the holder of the Transferor Beneficial Interest.

      (b) Interchange. On or before each Determination Date, the Servicer shall
notify the Transferor of the amount of Interchange to be included as Available
Finance Charge Collections with respect to the preceding Monthly Period as
determined pursuant to this Section 3.01(b). Such amount of Interchange shall be
equal to the product of (i) the amount of Interchange attributable to the
Accounts, as reasonably estimated by the Servicer, and (ii) the Floating
Investor Percentage. On each Payment Date, the Servicer shall deposit into the
Collection Account, in immediately available funds, the amount of Interchange to
be so included as Available Finance Charge Collections with respect to the
preceding Monthly Period and such Interchange shall be treated as a portion of
the Available Finance Charge Collections for all purposes of this Indenture
Supplement, the Indenture and the Transfer and Servicing Agreement.

      (c) The Servicing Fee Rate may be increased upon the written direction of
the AdvantaSeries Noteholders holding 66-2/3% or more of the Outstanding
Principal Balance of each Class and Tranche (without duplication) of the
AdvantaSeries Notes and upon the written confirmation from each Rating Agency
then rating any Class or Tranche of the AdvantaSeries Notes that the increase in
the Servicing Fee Rate will not cause a reduction or withdrawal of the rating of
any Outstanding Class or Tranche.

                              [END OF ARTICLE III]

                                     - 24 -
<PAGE>

                                   ARTICLE IV
                       Rights of AdvantaSeries Noteholders
                  and Allocation and Application of Collections

      Section 4.01 Collections and Allocations Collections of Finance Charge and
Administrative Receivables and Principal Receivables and Defaulted Receivables
allocated to the AdvantaSeries pursuant to Article VIII of the Indenture shall
be allocated and distributed as set forth in this Article.

      Section 4.02 Payments to the Transferor. The Servicer shall, on Deposit
Dates, withdraw from the Collection Account and pay to the holders of Trust
Beneficial Interest the following amounts:

            (i) an amount equal to the Transferor Percentage of Collections of
Finance Charge and Administrative Receivables to the extent such amount is
deposited in the Collection Account; and

            (ii) an amount equal to the Transferor Percentage of Collections of
Principal Receivables deposited in the Collection Account, if the Transferor
Interest (determined after giving effect to any Principal Receivables
transferred to the Trust on such Deposit Date) exceeds zero and otherwise shall
be deposited in the Excess Funding Account.

      The withdrawals to be made from the Collection Account pursuant to this
subsection 4.02 do not apply to deposits into the Collection Account that do not
represent Collections, including payment of the purchase price for the
Receivables or the Notes pursuant to, respectively, Section 2.06 or Section 7.01
of the Transfer and Servicing Agreement and payment of the purchase price for
the AdvantaSeries Notes pursuant to Section 7.01 of this Indenture Supplement.

      Section 4.03 Allocations of Collections of Finance Charge and
Administrative Receivables and Defaulted Amounts.

      (a) Prior to the close of business on any Deposit Date, the Servicer shall
allocate to the AdvantaSeries Noteholders and deposit in the Collection Account
for application as provided herein an amount equal to the product of (i) the
Investor Percentage and (ii) the aggregate amount of Collections of Finance
Charge and Administrative Receivables for such Deposit Date.

      (b) On each Determination Date, the Servicer shall calculate the
AdvantaSeries Defaulted Amount for the related Payment Date, shall calculate the
Investor Charge-Offs for such Payment Date and shall allocate the Investor
Charge-Offs to the AdvantaSeries.

      Section 4.04 Allocations of Principal Collections. The Servicer shall,
prior to the close of business on any Deposit Date, allocate an amount equal to
the product of (I) the Investor Percentage and (II) the aggregate amount of
Collections of Principal Receivables deposited in the Collection Account on such
Deposit Date (the product for any such date is hereinafter referred to as a
"Percentage Allocation") to the AdvantaSeries Noteholders and retain such amount
in the Collection Account until deposited monthly in the Principal Funding
Account as provided herein and pursuant to the related Terms Documents;
provided, however, so long as a Pay Out Event with respect to the AdvantaSeries
shall not have occurred with respect to all

                                     - 25 -
<PAGE>

AdvantaSeries Notes, that after the date on which the sum of such Percentage
Allocation and all preceding Percentage Allocations with respect to the same
Monthly Period exceeds the Required Principal Deposit Amount for the
AdvantaSeries, for the related Principal Payment Date, then such excess shall
not be treated as a Percentage Allocation and, following allocation in
accordance with Section 4.32 hereof and Section 8.05 of the Indenture, shall be
paid to the holders of Trust Beneficial Interests or Certificates only if the
Transferor Interest on such date is greater than the Required Transferor
Interest (after giving effect to all Principal Receivables transferred to the
Trust on such day) and otherwise shall be deposited in the Excess Funding
Account; further, provided, however, that after the date on which an amount of
such Collections equal to the Adjusted Invested Amount has been deposited into
the Collection Account and allocated to the AdvantaSeries Noteholders, such
amount, following allocation in accordance with Section 4.32 hereof and Section
8.05 of the Indenture, shall be paid to the holders of Trust Beneficial
Interests or Certificates only if the Transferor Interest on such date is
greater than the Required Transferor Interest (after giving effect to all
Principal Receivables transferred to the Trust on such day) and otherwise shall
be deposited in the Excess Funding Account.

      Section 4.05 Applications of Available Finance Charge Collections. On each
Interest Payment Date, the Servicer shall apply, or shall cause the Indenture
Trustee to apply, by written instruction to the Indenture Trustee, Available
Finance Charge Collections with respect to such Interest Payment Date, to make
the following distributions:

      (a) first, to pay interest on the Class A Notes as specified in the
related Terms Document for any Tranche of Class A Notes and pursuant to Section
4.06;

      (b) second, to pay interest on the Class B Notes as specified in the
related Terms Document for any Tranche of Class B Notes and pursuant to Section
4.06;

      (c) third, to pay the AdvantaSeries Monthly Servicing Fee plus any
previously due and unpaid AdvantaSeries Monthly Servicing Fee to the Servicer;

      (d) fourth, to pay interest on the Class C Notes as specified in the
related Terms Document for any Tranche of Class C Notes and pursuant to Section
4.06;

      (e) fifth, to pay interest on the Class D Notes as specified in the
related Terms Document for any Tranche of Class D Notes and pursuant to Section
4.06;

      (f) sixth, to be treated as Available Principal Collections for
application in accordance with Section 4.11 in an amount equal to the
AdvantaSeries Defaulted Amount, if any, for the preceding Monthly Period;

      (g) seventh, to be treated as Available Principal Collections for
application in accordance with Section 4.10 in an amount equal to the aggregate
Adjusted Invested Amount Deficits, if any;

      (h) eighth, to be deposited into the Cash Collateral Account in the amount
equal to the Cash Collateral Account Deficit, if any;

                                     - 26 -
<PAGE>

      (i) ninth, to be deposited into the Accumulation Reserve Account, an
amount up to the excess, if any, of the Aggregate Required Accumulation Reserve
Account Amount over the Available Accumulation Reserve Account Amount.

      (j) tenth, to make the required deposit to the Excess Spread Account, if
any, pursuant to Section 4.26;

      (k) eleventh, to make any other payment or deposit required by the Terms
Documents of any Class or Tranche of AdvantaSeries Notes;

      (l) twelfth, to be treated as Excess Finance Charge Collections for
application in accordance with Section 4.31;

      (m) thirteenth, to make any other payment or deposit required by the Terms
Documents of any Class or Tranche of AdvantaSeries Notes; and

      (n) fourteenth, to the holders of the Trust Beneficial Interest.

      If the Terms Document for any Tranche of Notes requires the establishment
of an interest funding account or other account, such Terms Document shall also
specify the manner in which deposits and withdrawals are made with respect to
such account. In the event of any inconsistency between the provisions of a
Terms Document and the terms of this Section 4.05, the provisions of the Terms
Document shall control.

      Section 4.06 Required Interest Payments. The aggregate amount of interest
due and payable for each Tranche of Notes on any Interest Payment Date is equal
to the sum of the following amounts.

      (a) Interest Payments. The amount payable in respect of interest for any
Tranche of Outstanding Notes on each Interest Payment Date will be equal to the
amount of interest specified in the related Terms Document.

      (b) Interest Shortfall and Additional Interest. On the Determination Date
preceding each Interest Payment Date, the Servicer shall determine for each
Tranche of Notes the excess, if any (the "Interest Shortfall"), of the amount
payable in respect of interest for such Interest Payment Date over the aggregate
amount of funds allocated and available to pay interest for such Tranche of
Notes on such Interest Payment Date. Unless otherwise specified in the related
Terms Document, if the Interest Shortfall for such Tranche is greater than zero,
on each subsequent Interest Payment Date until such Interest Shortfall is fully
paid, an amount equal to the sum of (x) each Interest Shortfall and (y) an
additional amount equal to the product of (i) a fraction, the numerator of which
is the actual number of days in the related Interest Period and the denominator
of which is 360, multiplied by (ii) the Note Interest Rate for such Tranche in
effect with respect to the related Interest Period, multiplied by (iii) such
Interest Shortfall (or the portion thereof which has not been paid to the
Noteholders of such Tranche) shall be payable. Notwithstanding anything to the
contrary herein, such additional interest shall be payable or distributed to the
Noteholders only to the extent permitted by applicable law.

                                     - 27 -
<PAGE>

      Section 4.07 Allocations of Available Finance Charge Collections to
Payment of Interest. The aggregate amount payable in respect of interest for a
Class of Notes pursuant to Sections 4.05(a), (b), (d) or (e) for each Monthly
Period will be allocated and paid to each Tranche of Notes within such Class, as
follows:

      (a) Available Finance Charge Collections are at Least Equal to Amounts Due
and Payable. If the amount of funds available for a Monthly Period pursuant to
Section 4.05 (after giving effect to any previous deposits pursuant to Section
4.05 on such Interest Payment Date) is at least equal to the aggregate amount of
payments due and payable as described in Section 4.06 for the related Class of
Notes, then the required amount of each such payment shall be distributed to the
Paying Agent for payment to the respective Tranche of Notes or as otherwise
provided in the related Terms Document.

      (b) Available Finance Charge Collections are Less than Amounts Due and
Payable. If the amount of funds available for a Monthly Period for application
pursuant to Section 4.05 (after giving effect to any previous allocations
pursuant to Section 4.05 on such Payment Date) is less than the aggregate amount
of the payments due and payable as described in Section 4.06 for the related
Class of Notes, then the amount available will be allocated to each Tranche
within such Class of Notes pro rata based on the ratio of (A) the aggregate
amount of the payments due and payable as described in Section 4.06 with respect
to that Tranche of Notes to (B) the aggregate amount of the payments due and
payable as described in Section 4.06 with respect to all Tranches within the
related Class of Notes and such amounts shall be distributed to the Paying Agent
for payment to the respective Tranche of Notes or as otherwise provided in the
related Terms Document.

      Section 4.08 Amounts to be Treated as Available Finance Charge
Collections; Other Deposits for Payment of Interest.

      (a) In addition to Collections of Finance Charge and Administrative
Receivables allocated to the AdvantaSeries pursuant to Section 4.03, the
following amounts shall be treated as Available Finance Charge Collections for
application in accordance with this Article IV for any Monthly Period:

            (i) Accumulation Reserve Account Withdrawal. The aggregate amount
withdrawn from the Accumulation Reserve Account pursuant to Section 4.29.

            (ii) Issuer Account Earnings. Any Principal Funding Investment
Proceeds and any Accumulation Reserve Account Earnings for any Payment Date.

            (iii) Excess Finance Charge Collections. Any Excess Finance Charge
Collections allocable to the AdvantaSeries pursuant to Section 4.31.

            (iv) Interchange. Interchange treated as Available Finance Charge
Collections for such Monthly Period pursuant to Section 3.01(b).

            (v) Other Amounts. The Terms Document for any Tranche of Notes may
include additional amounts which are to be deposited into the Collection Account
and allocated

                                     - 28 -
<PAGE>

to the AdvantaSeries to be treated as Available Finance Charge Collections for
the related Payment Date.

      (b) The following amounts shall also be available for payment of interest
in accordance with this Indenture Supplement and any applicable Terms Document:

            (i) Cash Collateral Account Withdrawals. Any amounts withdrawn from
the Cash Collateral Account pursuant to Section 4.25(a) will be deposited into
the Collection Account and allocated to the AdvantaSeries on the related Payment
Date.

            (ii) Excess Spread Account Withdrawals. Any amounts withdrawn from
the Excess Spread Account pursuant to Section 4.27(a) will be deposited into the
Collection Account and allocated to the AdvantaSeries on the related Payment
Date.

            (iii) Asset Sale Proceeds. Asset Sale Proceeds received by the
Issuer pursuant to Section 6.04 for any Tranche of Notes shall be deposited in
the Collection Account on the date of receipt by the Issuer.

      Section 4.09 Allocations of Reductions to the Adjusted Invested Amount Due
to Investor Charge-Offs. On each Determination Date, the Servicer shall
calculate the AdvantaSeries Investor Charge-Offs, if any, for the related
Monthly Period.

      (a) On each Payment Date when there is an Investor Charge-Off with respect
to the related Monthly Period, the amount of such Investor Charge-Off will be
allocated on that date to each Class of Notes and to each Tranche of Notes as
set forth in this Section. The amount of each Investor Charge-Off will be
allocated to each Tranche of Outstanding Notes to reduce its Adjusted Invested
Amount pro rata based on the ratio of the Adjusted Invested Amount of such
Tranche of Notes to the aggregate Adjusted Invested Amounts of all Tranches of
Notes of the same Class, each as of the close of business on the last day of the
preceding Monthly Period. In no event will the Adjusted Invested Amount (after
giving effect to this clause (a)) of any Tranche of Notes be reduced below zero.

      (b) On each Payment Date, the amount of each Investor Charge-Off will be
allocated in the following order of priority:

            (i) first, after the balance of the Cash Collateral Account has been
reduced to zero, then to the Class D Notes until the Adjusted Invested Amount of
the Class D Notes has been reduced to zero;

            (ii) second, after the Adjusted Invested Amount of the Class D Notes
has been reduced to zero, to the Class C Notes until the Adjusted Invested
Amount of the Class C Notes has been reduced to zero;

            (iii) third, after the Adjusted Invested Amount of the Class C Notes
has been reduced to zero, to the Class B Notes until the Adjusted Invested
Amount of the Class B Notes has been reduced to zero; and

                                     - 29 -
<PAGE>

            (iv) fourth, after the Adjusted Invested Amount of the Class B Notes
has been reduced to zero, to the Class A Notes until the Adjusted Invested
Amount has been reduced to zero.

      Section 4.10 Allocations of Reimbursements of Adjusted Invested Amount
Deficits. If, as of any Payment Date, there are Available Finance Charge
Collections available pursuant to Section 4.05(g) to reimburse any Adjusted
Invested Amount Deficits as of such Payment Date, such funds will be allocated
to each Tranche of Notes as follows:

      (a) first, to each Tranche of Class A Notes pro rata based on the ratio of
the Adjusted Invested Amount Deficit thereof to the aggregate Adjusted Invested
Amount Deficits of all Tranches of Class A Notes, but in no event will the
Adjusted Invested Amount of such a Tranche of Class A Notes be increased above
the Adjusted Outstanding Principal Balance of such Tranche;

      (b) second, to each Tranche of Class B Notes pro rata based on the ratio
of the Adjusted Invested Amount Deficit thereof to the aggregate Adjusted
Invested Amount Deficit of all Tranches of Class B Notes, but in no event will
the Adjusted Invested Amount of such a Tranche of Class B Notes be increased
above the Adjusted Outstanding Principal Balance of such Tranche;

      (c) third, to each Tranche of Class C Notes pro rata based on the ratio of
the Adjusted Invested Amount Deficit thereof to the aggregate Adjusted Invested
Amount Deficit of all Tranches of Class C Notes, but in no event will the
Adjusted Invested Amount of such a Tranche of Class C Notes be increased above
the Adjusted Outstanding Principal Balance of such Tranche; and

      (d) fourth, to each Tranche of Class D Notes pro rata based on the ratio
of the Adjusted Invested Amount Deficit thereof to the aggregate Adjusted
Invested Amount Deficit of all Tranches of Class D Notes, but in no event will
the Adjusted Invested Amount of such a Tranche of Class D Notes be increased
above the Adjusted Outstanding Principal Balance of such Tranche.

      Section 4.11 Application of Available Principal Collections. On each
Payment Date, the Indenture Trustee will apply Available Principal Collections
as follows:

      (a) Class A Interest Shortfalls. First, with respect to each Monthly
Period, if after giving effect to deposits to be made with respect to such
Monthly Period pursuant to Section 4.05(a), Section 4.25(a) and Section 4.27(a)
the Class A Notes have not received the full amount due and payable pursuant to
Section 4.06 with respect to that Monthly Period, then Available Principal
Collections (in an amount not to exceed the sum of the Class B Principal
Allocation, the Class C Principal Allocation and the Class D Principal
Allocation, each for such Monthly Period) will be allocated to the Class A
Notes.

Funds allocated to the Class A Notes pursuant to this Section 4.11(a) will be
allocated among Tranches of Class A Notes pro rata based on the deficiency in
the amount due and payable with respect to interest for each such Tranche.

                                     - 30 -
<PAGE>

      (b) Class B Interest Shortfalls. Second, with respect to each Monthly
Period, if after giving effect to deposits to be made with respect to such
Monthly Period pursuant to Section 4.05(b), Section 4.25(a) and Section 4.27(a)
the Class B Notes have not received the full amount due and payable pursuant to
Section 4.06 with respect to that Monthly Period, then Available Principal
Collections (in an amount, not less than zero, and not to exceed the sum of the
Class B Principal Allocation, the Class C Principal Allocation and the Class D
Principal Allocation, each for such Monthly Period minus the greater of (x) the
Class B Principal Allocation for such Monthly Period and (y) the aggregate
amount of Available Principal Collections applied pursuant to clause (a) above)
will be allocated to the Class B Notes.

Funds allocated to the Class B Notes pursuant to this Section 4.11(b) will be
allocated among Tranches of Class B Notes pro rata based on the deficiency in
the amount due and payable with respect to interest for each such Tranche.

      (c) Servicing Fee Shortfalls. Third, with respect to each Monthly Period,
if after giving effect to deposits to be made with respect to such Monthly
Period pursuant to Section 4.05(c), Section 4.25(a) and Section 4.27(a) there is
a Servicing Fee Shortfall, then Available Principal Collections (in an amount,
not less than zero, and not to exceed the sum of the Class C Principal
Allocation and the Class D Principal Allocation, each for such Monthly Period
minus the aggregate amount of Available Principal Collections reallocated
pursuant to clauses (a) and (b) above) will be paid to the Servicer.

      (d) Class C Interest Shortfalls. Fourth, with respect to each Monthly
Period, if after giving effect to deposits to be made with respect to such
Monthly Period pursuant to Section 4.05(d), Section 4.25(a) and Section 4.27(a)
the Class C Notes have not received the full amount due and payable pursuant to
Section 4.06 with respect to that Monthly Period, then Available Principal
Collections (in an amount, not less than zero, not to exceed the sum of the
Class B Principal Allocation, the Class C Principal Allocation and the Class D
Principal Allocation, each for such Monthly Period minus the greater of (x) the
sum of the Class B Principal Allocation and the Class C Principal Allocation,
each for such Monthly Period and (y) the aggregate amount of Available Principal
Collections applied pursuant to clauses (a), (b) and (c) above) will be
allocated to the Class C Notes.

Funds allocated to the Class C Notes pursuant to this Section 4.11(d) will be
allocated among Tranches of Class A Notes pro rata based on the deficiency in
the amount due and payable with respect to interest for each such Tranche.

      (e) Principal Funding Account. Seventh, to make the required deposits to
the Principal Funding Account pursuant to Section 4.14 and the related Terms
Document;

      (f) Shared Principal Collections. Eighth, to be treated as Shared
Principal Collections for application in accordance with Section 4.32.

      Section 4.12 Allocation of Reductions of Adjusted Invested Amount of
Subordinated Notes from Reallocations of Available Principal Collections to
Cover Interest Shortfalls or Servicing Fee Shortfalls. On each Payment Date when
Available Principal Collections are allocated to any Tranche of Notes or paid to
the Servicer pursuant to Section 4.11, the Adjusted

                                     - 31 -
<PAGE>

Invested Amount of Subordinated Notes will be reduced on that date by allocating
such amounts in the same order as set forth in Section 4.09(b)(i) - (iv). In the
case of each Tranche of Notes, the Adjusted Invested Amount of each such Tranche
of Notes will be reduced by allocating such amounts in the same manner as set
forth in Section 4.09(a).

      Section 4.13 Adjustments to Required Subordinated Percentages.

      (a) On any date, the Issuer may change the Required Subordinated
Percentage of Class C Notes or the Required Subordinated Percentage of Class D
Notes, in each case for the Class B Notes, without the consent of any
Noteholders or any Rating Agency, provided that, after giving effect to all
changes to those percentages on such date the sum of the Required Subordination
Percentage of Class C Notes and the Required Subordinated Percentage of Class D
Notes, in each case, for the Class B Notes is equal to or greater than the sum
of the Required Subordination Percentage of Class C Notes and the Required
Subordinated Percentage of Class D Notes, in each case, for the Class B Notes
immediately prior to giving effect to such change.

      (b) On any date, the Issuer may change the Required Subordinated
Percentage of Class B Notes, the Required Subordinated Percentage of Class C
Notes or the Required Subordinated Percentage of Class D Notes, in each case for
the Class A Notes, without the consent of any Noteholders or any Rating Agency,
provided that after giving effect to all changes to those percentages on such
date the sum of the Required Subordination Percentage of Class B Notes, the
Required Subordinated Percentage of Class C Notes and the Required Subordinated
Amount of Class D Notes, in each case, for the Class A Notes is equal to or
greater than the sum of the Required Subordinated Percentage of Class B Notes,
the Required Subordinated Percentage of Class C Notes and the Required
Subordinated Percentage of Class D Notes, in each case, for the Class A Notes
immediately prior to giving effect to such change.

      Section 4.14 Required Deposits of Available Principal Collections to the
Principal Funding Account. With respect to any Payment Date, the amount, if any,
required to be deposited into the Principal Funding Sub-Account for any Tranche
of Notes will be set forth in the related Terms Document.

      Section 4.15 Allocations among Principal Funding Sub-Accounts. Subject to
the restrictions of Section 4.19, the aggregate amount of the deposits to be
made to the Principal Funding Account for each Tranche of Notes pursuant to
Section 4.14 and the related Terms Document for each Payment Date will be
allocated, and a portion deposited in the Principal Funding Sub-Account for each
Tranche of Notes, as follows:

      (a) Available Principal Collections Equal to Required Amount. Subject to
clause (c) below, if Available Principal Collections remaining after giving
effect to Sections 4.11(a) through (e) are equal to the aggregate amount of
Available Principal Collections required to be deposited into the Principal
Funding Account for all Tranches of Notes pursuant to Section 4.14, then that
required amount shall be deposited in the Principal Funding Sub-Account
established for each Tranche.

      (b) Available Principal Collections Are Less Than Required Amounts.
Subject to clause (c) below, if Available Principal Collections remaining after
giving effect to Sections

                                     - 32 -
<PAGE>

4.11(a) through (e) are less than the aggregate amount required to be deposited
into the Principal Funding Account for all Tranches of Notes pursuant to Section
4.14, then the amount available will be deposited in the Principal Funding
Sub-Account established for each Tranche in the following priority:

            (i) first, the amount available will be allocated to the Class A
      Notes pro rata based on the ratio of (A) the amount required to be
      deposited into the Principal Funding Sub-Account for such Tranche of Class
      A Notes pursuant to Section 4.14, to (B) the aggregate amount required to
      be deposited into the Principal Funding Sub-Account for all Tranches of
      Class A Notes pursuant to Section 4.14;

            (ii) second, the amount available after the application in clause
      (i) above will be allocated to the Class B Notes, pro rata based on the
      ratio of (A) the amount required to be deposited into the Principal
      Funding Sub-Account for such Tranche of Class B Notes pursuant to Section
      4.14, to (B) the aggregate amount required to be deposited into the
      Principal Funding Sub-Account for all Tranches of Class B Notes pursuant
      to Section 4.14;

            (iii) third, the amount available after the applications in clauses
      (i) and (ii) above will be allocated to the Class C Notes, pro rata based
      on the ratio of (A) the amount required to be deposited into the Principal
      Funding Sub-Account for such Tranche of Class C Notes pursuant to Section
      4.14, to (B) the aggregate amount required to be deposited into the
      Principal Funding Sub-Account for all Tranches of Class C Notes pursuant
      to Section 4.14; and

            (iv) fourth, the amount available after the applications in clauses
      (i) through (iii) above will be allocated to the Class D Notes, pro rata
      based on the ratio of (A) the amount required to be deposited into the
      Principal Funding Sub-Account for such Tranche of Class D Notes pursuant
      to Section 4.14, to (B) the aggregate amount required to be deposited into
      the Principal Funding Sub-Account for all Tranches of Class D Notes
      pursuant to Section 4.14.

      (c) Reallocation of Deposits to the Principal Funding Sub-Account of
Subordinated Notes. If the restrictions of Section 4.19(a) prevent the deposit
of Available Principal Collections into the Principal Funding Sub-Account of any
Subordinated Notes, the aggregate amount of Available Principal Collections
available to make the required deposit for such Tranche of Subordinated Notes
will be allocated first, to each Tranche of Class A Notes pro rata based on the
ratio of (A) the Adjusted Invested Amount of such Tranche of Class A Notes to
(B) the Adjusted Invested Amount of all Class A Notes in the AdvantaSeries,
second, if applicable, to each Tranche of Class B Notes pro rata based on the
ratio of (A) the Adjusted Invested Amount of such Tranche of Class B Notes to
(B) the Adjusted Invested Amount of all Class B Notes in the AdvantaSeries,
third, if applicable, to each Tranche of Class C Notes pro rata based on the
ratio of (A) the Adjusted Invested Amount of such Tranche of Class C Notes to
(B) the Adjusted Invested Amount of all Class C Notes in the AdvantaSeries and,
fourth, if applicable, to each Tranche of Class D Notes pro rata based on the
ratio of (A) the Adjusted Invested Amount of such Tranche of Class D Notes to
(B) the Adjusted Invested Amount of all Class D Notes in the AdvantaSeries.

                                     - 33 -
<PAGE>

      Section 4.16 Amounts to be Treated as Available Principal Collections. In
addition to Available Principal Collections allocated to the AdvantaSeries
pursuant to Section 4.04, the following amounts shall be treated as Available
Principal Collections for application in accordance with this Article IV for any
Monthly Period:

            (i) Reallocated Available Finance Charge Collections. Available
      Principal Collections will include Available Finance Charge Collections
      reallocated to be treated as Available Principal Collections pursuant to
      Section 4.05(f) or 4.05(g).

            (ii) Shared Principal Collections. Any Shared Principal Collections
      allocable to the AdvantaSeries pursuant to Section 4.32.

            (iii) Excess Spread Account Withdrawals. Any withdrawals from the
      Excess Spread Account pursuant to Section 4.27(b).

            (iv) Cash Collateral Account Withdrawals. Any withdrawals from the
      Cash Collateral Account pursuant to Section 4.25(b).

            (v) Asset Sale Proceeds. Asset Sale Proceeds received pursuant to
      Section 6.04 for any Tranche of Notes shall be deposited in the related
      Principal Funding Sub-Account on the date of receipt by the Issuer.

            (vi) Other Amounts. The Terms Document for any Tranche of Notes may
      include additional amounts which are to be treated as Available Principal
      Collections for any Payment Date.

      Section 4.17 Computation of Interest.

      (a) Unless otherwise provided in the applicable Terms Document, (i)
interest on the Notes computed at a fixed rate will be calculated on the basis
of a 360-day year of twelve 30-day months and (ii) interest on Notes computed on
the basis of a floating or periodic rate will be calculated on the basis of a
360-day year for the actual number of days lapsed.

      (b) Unless otherwise specified in this Indenture Supplement or the
applicable Terms Document, interest for any period will be calculated from and
including the first day of such period, to but excluding the last day of such
period.

      Section 4.18 Withdrawals from Principal Funding Account. Withdrawals made
pursuant to this Section 4.18 with respect to any Tranche of Notes will be made
from the Principal Funding Sub-Accounts established for that Tranche only after
all allocations have been made pursuant to Sections 4.14, 4.15 and 4.16. In no
event will the amount of the withdrawal be more than the amount on deposit in
the applicable Principal Funding Sub-Account. A single Tranche may be entitled
to more than one of the following withdrawals with respect to any Monthly
Period.

      (a) Withdrawals for Notes. On each applicable Principal Payment Date (or
as otherwise specified in the applicable Terms Document) with respect to each
Tranche of Notes, an amount equal to the principal due on the applicable Tranche
of Notes on the applicable

                                     - 34 -
<PAGE>

Principal Payment Date will be withdrawn from such Principal Funding Sub-Account
and remitted to the applicable Paying Agent(s) or as otherwise provided by the
related Terms Document.

      (b) Withdrawal of Coverage Funding Excess Amount. If the Servicer on any
date determines with respect to any Class of Class A Notes, Class B Notes, Class
C Notes or Class D Notes that, after giving effect to all issuances, deposits,
allocations, reallocations and payments on such date, the Coverage Funding
Excess Amount of that Class is greater than zero, that amount will be withdrawn
from the Principal Funding Sub-Account of that Class of Notes and first,
allocated among and deposited to the Principal Funding Sub-Account of the
Tranches of Notes in the manner, order and priority set forth in Section
4.15(b), and then, paid to the holder of the Trust Beneficial Interest.

      (c) Final Maturity Date. On the Final Maturity Date of any Tranche, after
giving effect to any deposits, allocations, reallocations, sales of Collateral
or other payments to be made on that date, amounts on deposit in the Principal
Funding Sub-Account of any Tranche of a Subordinated Class of Notes will be
applied to pay principal of that Tranche or to make other payments as specified
in the related Terms Document.

      Section 4.19 Limit on Deposits to the Principal Funding Sub-Account of
Subordinated Notes; Limit on Repayments of all Tranches.

      (a) Limit on Deposits to the Principal Funding Sub-Account of Subordinated
Notes.

            (i) No Available Principal Collections will be deposited in the
Principal Funding Sub-Account of any Tranche of Class B Notes of the
AdvantaSeries, unless, after giving effect to such deposit and any reductions
and reallocations on such date, including any resulting changes to the Adjusted
Invested Amount, the Adjusted Invested Amount of all Class B Notes in the
AdvantaSeries (other than the Class B Notes for which such deposit is required)
is at least equal to the Required Subordinated Amount of Class B Notes for all
Class A Notes in the AdvantaSeries.

            (ii) No Available Principal Collections will be deposited in the
Principal Funding Sub-Account of any Tranche of Class C Notes, unless, after
giving effect to such deposit and any reductions and reallocations on such date,
including any resulting changes to the Adjusted Invested Amount, the following
conditions are satisfied:

                  (x) the Adjusted Invested Amount of all Class C Notes in the
      AdvantaSeries (other than the Class C Notes for which such deposit is
      required) is at least equal to the Required Subordinated Amount of Class C
      Notes for all Class A Notes in the AdvantaSeries; and

                  (y) the Adjusted Invested Amount of all Class C Notes in the
      AdvantaSeries (other than the Class C Notes for which such deposit is
      required) is at least equal to the Required Subordinated Amount of Class C
      Notes for all Class B Notes in the AdvantaSeries.

                                     - 35 -
<PAGE>

            (iii) No Available Principal Collections will be deposited in the
Principal Funding Sub-Account of any Tranche of Class D Notes, unless, after
giving effect to such deposit and any reductions and reallocations on such date,
including any resulting changes to the Adjusted Invested Amount, the following
conditions are satisfied:

                  (x) the Adjusted Invested Amount of all Class D Notes in the
      AdvantaSeries (other than the Class D Notes for which such deposit is
      required) is at least equal to the Required Subordinated Amount of Class D
      Notes for all Class A Notes in the AdvantaSeries;

                  (y) the Adjusted Invested Amount of all Class D Notes in the
      AdvantaSeries (other than the Class D Notes for which such deposit is
      required) is at least equal to the Required Subordinated Amount of Class D
      Notes for all Class B Notes in the AdvantaSeries; and

                  (z) the Adjusted Invested Amount of all Class D Notes in the
      AdvantaSeries (other than the Class D Notes for which such deposit is
      required) is at least equal to the Required Subordinated Amount of Class D
      Notes for all Class C Notes in the AdvantaSeries.

            (iv) Notwithstanding anything in the Indenture or this Indenture
Supplement to the contrary, Available Principal Collections will be deposited in
the Principal Funding Sub-Account of a Tranche of Subordinated Notes, if and
only to the extent that such deposit is not contrary to clause (a)(i), (a)(ii)
or (a)(iii) above.

            (v) This Section 4.19(a) shall not prevent deposits to the Principal
Funding Sub-Account of a Tranche of Subordinated Notes on the Final Maturity
Date of such Tranche (or, if the Final Maturity Date of such Tranche is not a
Payment Date, on the Payment Date immediately preceding such Final Maturity
Date).

      (b) Limit on Repayments of all Tranches. No amounts on deposit in a
Principal Funding Sub-Account for any Tranche of Notes, in the Excess Spread
Account or in the Cash Collateral Account will be applied to pay principal of
that Tranche in excess of the highest Outstanding Principal Balance of that
Tranche.

      Section 4.20 Calculation of Adjusted Invested Amount.

      (a) Tranches. On or prior to each Payment Date, the Issuer shall calculate
the Adjusted Invested Amount of each Tranche of Outstanding Notes in the
AdvantaSeries, which shall be the following amount:

            (i) as of the date of issuance of such Tranche of Notes, the Initial
Principal Balance of such Tranche of Notes; and

            (ii) thereafter, the sum of, without duplication:

                  (A) the Adjusted Invested Amount of such Tranche of Notes
immediately after the prior date of determination; plus

                                     - 36 -
<PAGE>

                  (B) the aggregate amount of any increases in the Outstanding
Principal Balance of such Tranche of AdvantaSeries Notes during the current
Monthly Period due to the issuance of additional Notes of such Tranche of
AdvantaSeries Notes since the prior date of determination; plus

                  (C) the aggregate amount withdrawn from the Principal Funding
Sub-Account pursuant to Section 4.18(b) for such Tranche since the prior date of
determination; plus

                  (D) such Tranche's allocable share of all reimbursements of
its Adjusted Invested Amount Deficit pursuant to Section 4.05(g) since the prior
date of determination determined as set forth in Section 4.10; minus

                  (E) such Tranche's allocable share of all reallocations of
Available Principal Collections pursuant to Section 4.11 since the prior date of
determination, determined as set forth in Section 4.12; minus

                  (F) the amount of the reduction of the Adjusted Invested
Amount of such Tranche resulting from an allocation of Investor Charge-Offs
since the prior date of determination, determined as set forth in Section 4.09;
minus

                  (G) the amount deposited in the applicable Principal Funding
Sub-Account for such Tranche (after giving effect to any deposits, allocations,
reallocations or withdrawals to be made on that day) since the prior date of
determination;

provided, however, that (1) the Adjusted Invested Amount of a Tranche of Notes
may never be less than zero, (2) the Adjusted Invested Amount of any Tranche of
Notes may never be greater than the Outstanding Principal Balance of such
Tranche and (3) the Adjusted Invested Amount of a Tranche of Notes that has
caused a Sale of Assets pursuant to Section 6.04 will be zero.

      (b) Classes. The Adjusted Invested Amount of a Class of the AdvantaSeries
will be the sum of the Adjusted Invested Amounts of all Tranches of Notes of
such Class.

      (c) AdvantaSeries. The Adjusted Invested Amount for the AdvantaSeries will
be the sum of the Adjusted Invested Amounts of all of the Tranches of Notes of
the AdvantaSeries.

      Section 4.21 Netting of Deposits and Payments. The Issuer, in its sole
discretion, may make all deposits to the Collection Account and Principal
Funding Sub-Accounts pursuant to Sections 4.05 and 4.14 with respect to any
Monthly Period net of, and after giving effect to, (a) all reallocations to be
made pursuant to Section 4.11 and (b) all payments to the holder of the Trust
Beneficial Interest or its designee pursuant to Section 4.11(f) and Section
4.32.

      Section 4.22 Pro rata Payments within a Tranche. All payments of
principal, interest or other amounts to Holders of the Notes of a single Tranche
will be made pro rata based on the Outstanding Principal Balance of their Notes.

      Section 4.23 Calculation of Coverage Funding Required Amount.

                                     - 37 -
<PAGE>

      (a) The Coverage Funding Required Amount for any Tranche of Class A Notes
for any day during any Monthly Period means an amount, not less than zero, equal
to the sum of the following amounts:

            (i) for each Tranche of Class A Notes with a Required Subordinated
Amount of Class B Notes greater than zero, the product of (x) the aggregate
Adjusted Outstanding Principal Balance of such Tranche of Class A Notes as of
the end of the preceding Monthly Period (taking into consideration any deposits
or withdrawals to be made on the related Payment Date) times (y) one minus a
fraction (which shall not exceed one) the numerator of which is the aggregate
Adjusted Outstanding Principal Balance of all Tranches of Outstanding Class B
Notes (other than Tranches of Class B Notes which have (A) had Pay Out Events or
other mandatory or optional redemption events in which such Tranches are to be
redeemed in full in or with respect to any preceding Monthly Period, (B) had
Events of Default in or with respect to any preceding Monthly Period, or (C)
reached or are expected to reach their final or only Expected Final Principal
Payment Date in or with respect to that Monthly Period or earlier Monthly
Periods) and the denominator of which is the aggregate Required Subordinated
Amount of Class B Notes for all Tranches of Class A Notes of which are
Outstanding as of the end of the preceding Monthly Period (taking into
consideration any deposits or withdrawals to be made on the related Payment
Date);

            (ii) for each Tranche of Class A Notes with a Required Subordinated
Amount of Class C Notes greater than zero, the product of (x) the aggregate
Adjusted Outstanding Principal Balance of such Tranche of Class A Notes as of
the end of the preceding Monthly Period (taking into consideration any deposits
or withdrawals to be made on the related Payment Date) times (y) one minus a
fraction (which shall not exceed one) the numerator of which is the aggregate
Adjusted Outstanding Principal Balance of all Tranches of Outstanding Class C
Notes (other than Tranches of Class C Notes which have (A) had Pay Out Events or
other mandatory or optional redemption events in which such Tranches are to be
redeemed in full in or with respect to any preceding Monthly Period, (B) had
Events of Default in or with respect to any preceding Monthly Period, or (C)
reached or are expected to reach their final or only Expected Final Principal
Payment Date in or with respect to that Monthly Period or earlier Monthly
Periods) and the denominator of which is the sum of (1) the aggregate Required
Subordinated Amount of Class C Notes for all Tranches of Class A Notes which are
Outstanding as of the end of the preceding Monthly Period which have a Class A
Required Subordinated Amount of Class B Notes equal to zero and (2) the
aggregate Required Subordinated Amount of Class C Notes for all Tranches of
Class B Notes which are Outstanding as of the end of the preceding Monthly
Period (in each case, taking into consideration any deposits or withdrawals to
be made on the related Payment Date); and

            (iii) for each Tranche of Class A Notes with a Required Subordinated
Amount of Class D Notes greater than zero, the product of (x) the aggregate
Adjusted Outstanding Principal Balance of such Tranche of Class A Notes as of
the end of the preceding Monthly Period (taking into consideration any deposits
or withdrawals to be made on the related Payment Date) times (y) one minus a
fraction (which shall not exceed one) the numerator of which is the aggregate
Adjusted Outstanding Principal Balance of all Tranches of Outstanding Class D
Notes (other than Tranches of Class D Notes which have (A) had Pay Out Events or
other mandatory or optional redemption events in which such Tranches are to be
redeemed in full in or with respect

                                     - 38 -
<PAGE>

to any preceding Monthly Period, (B) had Events of Default in or with respect to
any preceding Monthly Period, or (C) reached or are expected to reach their
final or only Expected Final Principal Payment Date in or with respect to that
Monthly Period or earlier Monthly Periods) and the denominator of which is the
greater of (1) the sum of (X) the aggregate Required Subordinated Amount of
Class D Notes for all Tranches of Class A Notes which are Outstanding as of the
end of the preceding Monthly Period which have a Required Subordinated Amount of
Class B Notes equal to zero and (Y) the aggregate Required Subordinated Amount
of Class D Notes for all Tranches of Class B Notes which are Outstanding as of
the end of the preceding Monthly Period (in each case, taking into consideration
any deposits or withdrawals to be made on the related Payment Date) and (2) the
aggregate Required Subordinated Amount of Class D Notes for all Tranches of
Class C Notes which are Outstanding as of the end of the preceding Monthly
Period (taking into consideration any deposits or withdrawals to be made on the
related Payment Date).

      (b) The Coverage Funding Required Amount for any Tranche of Class B Notes
for any day during any Monthly Period means an amount, not less than zero, equal
to the sum of the following amounts:

            (i) for each Tranche of Class B Notes with a Required Subordinated
Amount of Class C Notes greater than zero, the product of (x) the aggregate
Adjusted Outstanding Principal Balance of such Tranche of Class B Notes as of
the end of the preceding Monthly Period (taking into consideration any deposits
or withdrawals to be made on the related Payment Date) times (y) one minus a
fraction (which shall not exceed one) the numerator of which is the aggregate
Adjusted Outstanding Principal Balance of all Tranches of Outstanding Class C
Notes (other than Tranches of Class C Notes which have (A) had Pay Out Events or
other mandatory or optional redemption events in which such Tranches are to be
redeemed in full in or with respect to any preceding Monthly Period, (B) had
Events of Default in or with respect to any preceding Monthly Period, or (C)
reached or are expected to reach their final or only Expected Final Principal
Payment Date in or with respect to that Monthly Period or earlier Monthly
Periods) and the denominator of which is the sum of (1) the aggregate Required
Subordinated Amount of Class C Notes for all Tranches of Class A Notes which are
Outstanding as of the end of the preceding Monthly Period which have a Class A
Required Subordinated Amount of Class B Notes equal to zero and (2) the
aggregate Required Subordinated Amount of Class C Notes for all Tranches of
Class B Notes which are Outstanding as of the end of the preceding Monthly
Period (in each case, taking into consideration any deposits or withdrawals to
be made on the related Payment Date); and

            (ii) for each Tranche of Class B Notes with a Required Subordinated
Amount of Class D Notes greater than zero, the product of (x) the aggregate
Adjusted Outstanding Principal Balance of such Tranche of Class B Notes as of
the end of the preceding Monthly Period (taking into consideration any deposits
or withdrawals to be made on the related Payment Date) times (y) one minus a
fraction (which shall not exceed one) the numerator of which is the aggregate
Adjusted Outstanding Principal Balance of all Tranches of Outstanding Class D
Notes (other than Tranches of Class D Notes which have (A) had Pay Out Events or
other mandatory or optional redemption events in which such Tranches are to be
redeemed in full in or with respect to any preceding Monthly Period, (B) had
Events of Default in or with respect to any preceding Monthly Period, or (C)
reached or are expected to reach their final or only Expected Final

                                     - 39 -
<PAGE>

Principal Payment Date in or with respect to that Monthly Period or earlier
Monthly Periods) and the denominator of which is the greater of (1) the sum of
(X) the aggregate Required Subordinated Amount of Class D Notes for all Tranches
of Class A Notes which are Outstanding as of the end of the preceding Monthly
Period which have a Required Subordinated Amount of Class B Notes equal to zero
and (Y) the aggregate Required Subordinated Amount of Class D Notes for all
Tranches of Class B Notes which are Outstanding as of the end of the preceding
Monthly Period (in each case, taking into consideration any deposits or
withdrawals to be made on the related Payment Date) and (2) the aggregate
Required Subordinated Amount of Class D Notes for all Tranches of Class C Notes
which are Outstanding as of the end of the preceding Monthly Period (taking into
consideration any deposits or withdrawals to be made on the related Payment
Date).

      (c) The Coverage Funding Required Amount for any Tranche of Class C Notes
with a Required Subordinated Amount of Class D Notes greater than zero for any
day during any Monthly Period means an amount, not less than zero, equal to the
product of (x) the aggregate Adjusted Outstanding Principal Balance of such
Tranche of Class C Notes as of the end of the preceding Monthly Period (taking
into consideration any deposits or withdrawals to be made on the related Payment
Date) times (y) one minus a fraction (which shall not exceed one) the numerator
of which is the aggregate Adjusted Outstanding Principal Balance of all Tranches
of Outstanding Class D Notes (other than Tranches of Class D Notes which have
(A) had Pay Out Events or other mandatory or optional redemption events in which
such Tranches are to be redeemed in full in or with respect to any preceding
Monthly Period, (B) had Events of Default in or with respect to any preceding
Monthly Period, or (C) reached or are expected to reach their final or only
Expected Final Principal Payment Date in or with respect to that Monthly Period
or earlier Monthly Periods) and the denominator of which is the greater of (1)
the sum of (X) the aggregate Required Subordinated Amount of Class D Notes for
all Tranches of Class A Notes which are Outstanding as of the end of the
preceding Monthly Period which have a Required Subordinated Amount of Class B
Notes equal to zero and (Y) the aggregate Required Subordinated Amount of Class
D Notes for all Tranches of Class B Notes which are Outstanding as of the end of
the preceding Monthly Period (in each case, taking into consideration any
deposits or withdrawals to be made on the related Payment Date) and (2) the
aggregate Required Subordinated Amount of Class D Notes for all Tranches of
Class C Notes which are Outstanding as of the end of the preceding Monthly
Period (taking into consideration any deposits or withdrawals to be made on the
related Payment Date).

      (d) On any day during any Monthly Period on which the Coverage Funding
Required Amount for any Tranche of senior Notes first exceeds zero, the Issuer
will notify the Transferor and the Rating Agencies of such event.

      Section 4.24 Required Deposits to the Cash Collateral Account.

      (a) On the date of issuance of a Tranche pursuant to this Indenture
Supplement, the Transferor shall deposit into the Cash Collateral Account an
amount, which may be zero, as set forth in the related Terms Document.

      (b) The Indenture Trustee will deposit into the Cash Collateral Account
amounts withdrawn from the Excess Spread Account pursuant to Section 4.27(c)(i).

                                     - 40 -
<PAGE>

      Section 4.25 Withdrawals from the Cash Collateral Account. Withdrawals
will be made from the Cash Collateral Account in the following order of
priority:

      (a) Payments of Interest and Servicing Fee. If, on any Payment Date, the
amount allocated from Available Finance Charge Collections pursuant to Section
4.05 and Section 4.07 and from the Excess Spread Account pursuant to Section
4.27(a) to any Tranche of AdvantaSeries Notes or to the Servicer to pay the
Monthly Servicing Fee is insufficient to pay in full the amounts required under
Section 4.06 and Section 3.01(a), respectively, an amount equal to the lesser of
(x) the aggregate amount of such deficiency or (y) the amount on deposit in the
Cash Collateral Account after giving effect to all deposits to the Cash
Collateral Account with respect to such Payment Date will be withdrawn from the
Cash Collateral Account and deposited into the Collection Account to make the
following distributions:

                  (i) first, to cover any insufficiency with respect to the
      Class A Notes,

                  (ii) second, after any insufficiency with respect to the Class
      A Notes has been paid in full, to cover any insufficiency with respect to
      the Class B Notes,

                  (iii) third, after any insufficiency with respect to the Class
      B Notes has been paid in full, to cover any insufficiency in payment of
      the Monthly Servicing Fee,

                  (iv) fourth, after any insufficiency in payment of the Monthly
      Servicing Fee has been paid in full, to cover any insufficiency with
      respect to the Class C Notes, and

                  (v) fifth, after any insufficiency with respect to the Class C
      Notes has been paid in full, to cover any insufficiency with respect to
      the Class D Notes.

      If the amount available to be withdrawn under this Section 4.25(a) with
respect to any Class of Notes is at least equal to the amount required to be
withdrawn under this Section 4.25(a), then the required amount shall be
allocated to each Tranche of Notes and distributed from the Collection Account
to the Paying Agent for payment to the respective Tranche of Notes.

      If the amount available to be withdrawn under this Section 4.25(a) with
respect to any Class is less than the amount required to be withdrawn under this
Section 4.25(a), then the amount available will be allocated to each Tranche of
such Class pro rata based on the ratio of the amount of the insufficiency of
funds available for such Monthly Period for such Tranche of Notes to the amount
of the insufficiency of funds available for such Monthly Period for all Tranches
of such Class and distributed from the Collection Account to the Paying Agent
for payment to the respective Tranche of Notes.

      (b) Allocations of Defaulted Amounts. If, on any Payment Date, the
application of Available Finance Charge Collections pursuant to Section 4.05(f)
and withdrawals from the Excess Spread Account pursuant to Section 4.27(b)) are
insufficient to cover in full any AdvantaSeries Defaulted Amount, funds shall be
withdrawn from the Cash Collateral Account up to the lesser of (a) the Available
Cash Collateral Account Amount (after giving effect to withdrawals pursuant to
Section 4.25(a)) and (b) such AdvantaSeries Defaulted Amount and treated as a
portion of Available Principal Collections for such Payment Date.

                                     - 41 -
<PAGE>

      (c) Withdrawal of Excess Amounts. If on any Payment Date, after giving
effect to all withdrawals from and deposits to the Cash Collateral Account, the
amount on deposit in the Cash Collateral Account would exceed the Required Cash
Collateral Account Amount then in effect, the Indenture Trustee shall, at the
written direction of the Servicer, release such excess to the holder of the
Trust Beneficial Interest. On the date on which the Outstanding Principal
Balance of each Tranche of the Class A, Class B, Class C and Class D Notes has
been paid in full, the Indenture Trustee, at the written direction of the
Servicer, shall withdraw from the Cash Collateral Account all amounts then
remaining in the Cash Collateral Account and pay such amounts to the holder of
the Trust Beneficial Interest.

      Section 4.26 Required Deposits to the Excess Spread Account. The deposit
required to be made to the Excess Spread Account on any Payment Date is an
amount equal to the Required Excess Spread Account Amount minus any amount on
deposit in the Excess Spread Account at the opening of business on such Payment
Date.

      Section 4.27 Withdrawals from the Excess Spread Account. Withdrawals will
be made from the Excess Spread Account in the following order of priority:

      (a) Payments of Interest and Servicing Fee. If, on any Payment Date, the
amount allocated to any Tranche of AdvantaSeries Notes or to the Servicer to pay
the Monthly Servicing Fee from Available Finance Charge Collections pursuant to
Section 4.05 and Section 4.07 is insufficient to pay in full the amounts
required under Section 4.06 and Section 3.01(a), respectively, an amount equal
to the lesser of (x) the aggregate amount of such deficiencies and (y) the
amount on deposit in the Excess Spread Account after giving effect to all
deposits to the Excess Spread Account with respect to such Payment Date will be
withdrawn from the Excess Spread Account and deposited into the Collection
Account to make the following distributions:

                  (i) first, to cover any insufficiency with respect to the
      Class A Notes,

                  (ii) second, after any insufficiency with respect to the Class
      A Notes has been paid in full, to cover any insufficiency with respect to
      the Class B Notes,

                  (iii) third, after any insufficiency with respect to the Class
      B Notes has been paid in full, to cover any insufficiency with respect to
      payment to the Servicer of the Monthly Servicing Fee,

                  (iv) fourth, after any insufficiency with respect to payment
      to the Servicer of the Monthly Servicing Fee has been paid in full, to
      cover any insufficiency with respect to the Class C Notes, and

                  (v) fifth, after any insufficiency with respect to the Class C
      Notes has been paid in full, to cover any insufficiency with respect to
      the Class D Notes.

      If the amount available to be withdrawn under this Section 4.27(a) with
respect to any Class of Notes is at least equal to the amount to be withdrawn
under this Section 4.27(a), then the required amount shall be allocated to each
Tranche of Notes and distributed from the Collection Account to the Paying Agent
for payment to the respective Tranche of Notes.

                                     - 42 -
<PAGE>

      If the amount available to be withdrawn under this Section 4.27(a) with
respect to any Class is less than the amount required to be withdrawn under this
Section 4.27(a), then the amount available will be allocated to each Tranche of
such Class pro rata based on the ratio of the amount of the insufficiency of
funds available for such Monthly Period for such Tranche of Notes to the amount
of the insufficiency of funds available for such Monthly Period for all Tranches
of such Class and distributed from the Collection Account to the Paying Agent
for payment to the respective Tranche of Notes.

      (b) Allocations of Defaulted Amounts. If, on any Payment Date, the
application of Available Finance Charge Collections (excluding any portion of
Available Finance Charge Collections constituting amounts withdrawn pursuant to
this Section 4.27(b)) pursuant to Section 4.05(f) is insufficient to cover in
full any AdvantaSeries Defaulted Amount, funds shall be withdrawn from the
Excess Spread Account up to the lesser of (a) the amount on deposit in the
Excess Spread Account (after giving effect to withdrawals pursuant to Section
4.27(a)) and (b) such AdvantaSeries Defaulted Amount and treated as a portion of
Available Principal Collections for such Payment Date.

      (c) Withdrawal of Excess Amounts. If on any Payment Date, after giving
effect to all withdrawals from and deposits to the Excess Spread Account, the
amount on deposit in the Excess Spread Account would exceed the Required Excess
Spread Account Amount then in effect, the Indenture Trustee shall, at the
written direction of the Servicer, withdraw such excess amount and (i) deposit
such excess amount into the Cash Collateral Account to the extent that the
Available Cash Collateral Account Amount is less than the Required Cash
Collateral Account Amount and (ii) release the balance, if any, of such excess
amount to the holders of the Trust Beneficial Interest. On the date on which the
Outstanding Principal Balance of each Tranche of the Class A, Class B, Class C
and Class D Notes has been paid in full, the Indenture Trustee, at the written
direction of the Servicer, shall withdraw from the Excess Spread Account all
amounts then remaining in the Excess Spread Account and pay such amounts to the
holder of the Trust Beneficial Interest.

      Section 4.28 Required Deposits to the Accumulation Reserve Account. The
aggregate deposit required to be made to the Accumulation Reserve Account with
respect to each Monthly Period pursuant to Section 4.05(i) is an amount equal to
the sum of Accumulation Reserve Account deposits, if any, required to be made
for each specified Tranche of Notes. The amount of any such deposit, the
aggregate amount required to be on deposit after giving effect to any such
deposit and the circumstances that require that a deposit be made will be set
forth in the Terms Document for such Tranche of Notes. Unless another time is
specified for making such deposits in the Terms Document for each such Tranche
of Notes, these deposits will be made on each Payment Date.

      Section 4.29 Withdrawals from the Accumulation Reserve Account.
Withdrawals will be made from the Accumulation Reserve Account as specified
below.

      (a) On or before each Interest Payment Date during which a Tranche of
Notes is in the Controlled Accumulation Period and on or before the first
Interest Payment Date to occur during the Early Amortization Period with respect
to a Tranche of Notes, the Servicer shall calculate the Aggregate Reserve Draw
Amount; provided, however, that such amount will be

                                     - 43 -
<PAGE>

reduced to the extent that funds otherwise would be available for deposit in the
Accumulation Reserve Account under Section 4.05(h) with respect to such Interest
Payment Date.

      (b) In the event that for any Interest Payment Date the Aggregate Reserve
Draw Amount is greater than zero, the Aggregate Reserve Draw Amount, up to the
Available Accumulation Reserve Account Amount, shall be withdrawn from the
Accumulation Reserve Account on such Interest Payment Date by the Indenture
Trustee (acting in accordance with the written instructions of the Servicer) and
deposited into the Collection Account for application as Available Finance
Charge Collections for such Interest Payment Date.

      (c) In the event that the Reserve Account Surplus on any Interest Payment
Date, after giving effect to all deposits to and withdrawals from the
Accumulation Reserve Account with respect to such Interest Payment Date, is
greater than zero, the Indenture Trustee, acting in accordance with the written
instructions of the Servicer, shall withdraw from the Accumulation Reserve
Account an amount equal to such Aggregate Reserve Account Surplus and (i) first,
deposit such amounts in the Cash Collateral Account, to the extent that funds on
deposit in the Cash Collateral Account are less than the Required Cash
Collateral Account Amount, (ii) second, deposit such amounts in the Excess
Spread Account, to the extent that funds on deposit in the Excess Spread Account
are less than the Required Excess Spread Account Amount, and (iii) third,
distribute any such amounts remaining after application pursuant to this Section
4.29(c) to the holders of the Trust Beneficial Interest.

      (d) Upon the earliest to occur of (i) the termination of the Trust
pursuant to Article VIII of the Trust Agreement, (ii) the first Principal
Payment Date to occur during the Early Amortization Period with respect to the
last remaining Outstanding Tranche of Notes and (iii) the Expected Final
Principal Payment Date of the last remaining Outstanding Tranche of Notes, the
Indenture Trustee, acting in accordance with the written instructions of the
Servicer, after the prior payment of all amounts owing to Noteholders that are
payable from the Accumulation Reserve Account as provided herein, shall withdraw
from the Accumulation Reserve Account all amounts, if any, on deposit in the
Accumulation Reserve Account and (x) deposit such amounts in the Excess Spread
Account, to the extent that funds on deposit in the Excess Spread Account are
less than the Required Excess Spread Account Amount and (y) distribute any such
amounts remaining after application pursuant to this Section 4.29(d) to the
holders of the Trust Beneficial Interest.

      Section 4.30 Distributions.

      (a) On each Payment Date, the Paying Agent shall distribute to each
AdvantaSeries Class A Noteholder of record on the related Record Date (other
than as provided in Section 11.02 of the Indenture) such Class A Noteholder's
pro rata share of the amounts held by the Paying Agent that are allocated and
available on such Payment Date to pay interest on the Class A Notes pursuant to
this Indenture Supplement.

      (b) On each Payment Date, the Paying Agent shall distribute to each Class
A Noteholder of record on the related Record Date (other than as provided in
Section 11.02 of the Indenture) such Class A Noteholder's pro rata share of the
amounts held by the Paying Agent

                                     - 44 -
<PAGE>

that are allocated and available on such Payment Date to pay principal of the
Class A Notes pursuant to this Indenture Supplement.

      (c) On each Payment Date, the Paying Agent shall distribute to each Class
B Noteholder of record on the related Record Date (other than as provided in
Section 11.02 of the Indenture) such Class B Noteholder's pro rata share of the
amounts held by the Paying Agent that are allocated and available on such
Payment Date to pay interest on the Class B Notes pursuant to this Indenture
Supplement.

      (d) On each Payment Date, the Paying Agent shall distribute to each Class
B Noteholder of record on the related Record Date (other that as provided in
Section 11.02 of the Indenture) such Class B Noteholder's pro rata share of the
amounts held by the Paying Agent that are allocated and available on such
Payment Date to pay principal of the Class B Notes pursuant to this Indenture
Supplement.

      (e) On each Payment Date, the Paying Agent shall distribute to each Class
C Noteholder of record on the related Record Date (other than as provided in
Section 11.02 of the Indenture) such Class C Noteholder's pro rata share of the
amounts held by the Paying Agent that are allocated and available on such
Payment Date to pay interest on the Class C Notes pursuant to this Indenture
Supplement.

      (f) On each Payment Date, the Paying Agent shall distribute to each Class
C Noteholder of record on the related Record Date (other that as provided in
Section 11.02 of the Indenture) such Class C Noteholder's pro rata share of the
amounts held by the Paying Agent that are allocated and available on such
Payment Date to pay principal of the Class C Notes pursuant to this Indenture
Supplement.

      (g) On each Payment Date, the Paying Agent shall distribute to each Class
D Noteholder of record on the related Record Date (other than as provided in
Section 11.02 of the Indenture) such Class D Noteholder's pro rata share of the
amounts held by the Paying Agent that are allocated and available on such
Payment Date to pay interest on the Class D Notes pursuant to this Indenture
Supplement.

      (h) On each Payment Date, the Paying Agent shall distribute to each Class
D Noteholder of record on the related Record Date (other that as provided in
Section 11.02 of the Indenture) such Class D Noteholder's pro rata share of the
amounts held by the Paying Agent that are allocated and available on such
Payment Date to pay principal of the Class D Notes pursuant to this Indenture
Supplement.

      (i) The distributions to be made pursuant to this Section 4.30 are subject
to the provisions of Sections 2.06, 6.01 and 7.01 of the Transfer and Servicing
Agreement, Section 11.02 of the Indenture and Section 7.01 of this Indenture
Supplement.

      Section 4.31 Excess Finance Charge Collections Sharing. The AdvantaSeries
shall be an Excess Allocation Series with respect to Group [_] only. Subject to
Section 8.08 of the Indenture, Excess Finance Charge Collections with respect to
the Excess Allocation Series in Group [_] for any Payment Date will be allocated
to the AdvantaSeries in an amount equal to the product of (x) the aggregate
amount of Excess Finance Charge Collections with respect to all the

                                     - 45 -
<PAGE>

Excess Allocation Series in Group [_] for such Payment Date and (y) a fraction,
the numerator of which is the Finance Charge Shortfall for the AdvantaSeries for
such Payment Date and the denominator of which is the aggregate amount of
Finance Charge Shortfalls for all the Excess Allocation Series in Group [_] for
such Payment Date. Excess Finance Charge Collections allocable to the
AdvantaSeries on any Payment Date shall be treated as Available Finance Charge
Collections for such Payment Date.

      Section 4.32 Excess Available Principal Amount Sharing. Subject to Section
8.05 of the Indenture, Shared Principal Collections with respect to the Series
in Group [_] for any Payment Date will be allocated to the AdvantaSeries in an
amount equal to the product of (x) the aggregate amount of Shared Principal
Collections with respect to all Principal Sharing Series in Group [_] for such
Payment Date and (y) a fraction, the numerator of which is the AdvantaSeries
Principal Shortfall for such Payment Date and the denominator of which is the
aggregate amount of Principal Shortfalls for all the Series which are Principal
Sharing Series in Group [_] for such Payment Date. Shared Principal Collections
allocable to the AdvantaSeries on any Payment Date shall be treated as Available
Principal Collections for such Payment Date.

      Section 4.33 Investment Instructions. Any investment instructions required
to be given to the Indenture Trustee pursuant to the terms hereof must be given
to the Indenture Trustee no later than 11:00 a.m., New York City time, on the
date such investment is to be made. In the event the Indenture Trustee receives
such investment instruction later than such time, the Indenture Trustee may, but
shall have no obligation to, make such investment. In the event the Indenture
Trustee is unable to make an investment required in an investment instruction
received by the Indenture Trustee after 11:00 a.m., New York City time, on such
day, such investment shall be made by the Indenture Trustee on the next
succeeding Business Day. In no event shall the Indenture Trustee be liable for
any investment not made pursuant to investment instructions received after 11:00
a.m., New York City time, on the day such investment is requested to be made.

      Section 4.34 Issuer Accounts.

      (a) The Indenture Trustee shall establish and maintain with an Eligible
Institution, which may be the Indenture Trustee in the name of the Trust, on
behalf of the Trust, for the benefit of the AdvantaSeries Noteholders, four
segregated trust accounts with the corporate trust department of such Eligible
Institution, bearing a designation clearly indicating that the funds deposited
therein are held for the benefit of the AdvantaSeries Noteholders denominated as
follows: the "Principal Funding Account," the "Accumulation Reserve Account,"
the "Cash Collateral Account" and the "Excess Spread Account" or such other
account that may be established pursuant to a Terms Document (each, an "ISSUER
ACCOUNT"). The Indenture Trustee shall possess all right, title and interest in
all funds on deposit from time to time in the Issuer Accounts and in all
proceeds thereof. The Issuer Accounts shall be under the sole dominion and
control of the Indenture Trustee for the benefit of the AdvantaSeries
Noteholders. If at any time the institution holding an Issuer Account ceases to
be an Eligible Institution, the Servicer shall notify the Indenture Trustee in
writing, and the Indenture Trustee upon being so notified (or the Servicer on
its behalf) shall, within ten (10) Business Days, establish a new applicable
Issuer Account meeting the conditions specified above with an Eligible
Institution, and shall transfer any cash or any investments to such new Issuer
Account. From the date such new Issuer

                                     - 46 -
<PAGE>

Account is established, it shall be the applicable "Issuer Account." The
Indenture Trustee, at the written direction of the Servicer, shall make
withdrawals from and deposits to the Issuer Accounts from time to time, in the
amounts and for the purposes set forth in this Indenture Supplement and the
related Terms Document prior to the termination of such Issuer Account. Each
Tranche of Notes will have its own Sub-Account within the Principal Funding
Account. The Principal Funding Account, the Accumulation Reserve Account, the
Cash Collateral Account and the Excess Spread Account will receive deposits
pursuant to Article IV.

      (b) Funds on deposit in the Issuer Accounts shall be invested at the
written direction of the Servicer by the Indenture Trustee in Eligible
Investments. Funds on deposit in the Issuer Accounts on any Payment Date, after
giving effect to any deposits to or withdrawals from the Issuer Accounts on such
Payment Date, shall be invested in such investments that will mature so that
such funds will be available for withdrawal on or prior to the following Payment
Date.

      The Indenture Trustee shall hold such of the Eligible Investments as
consists of instruments, deposit accounts, negotiable documents, money, goods,
letters of credit, and advices of credit in the State of New York. The Indenture
Trustee shall hold such of the Eligible Investments as constitutes investment
property through a securities intermediary, which securities intermediary shall
agree with the Indenture Trustee that (a) such investment property shall at all
times be credited to a securities account of the Indenture Trustee, (b) such
securities intermediary shall treat the Indenture Trustee as entitled to
exercise the rights that comprise each financial asset credited to such
securities account, (c) all property credited to such securities account shall
be treated as a financial asset, (d) such securities intermediary shall comply
with entitlement orders originated by the Indenture Trustee without the further
consent of any other person or entity, (e) such securities intermediary will not
agree with any person or entity other than the Indenture Trustee to comply with
entitlement orders originated by such other person or entity, (f) such
securities accounts and the property credited thereto shall not be subject to
any lien, security interest or right of set-off in favor of such securities
intermediary or anyone claiming through it (other than the Indenture Trustee),
and (g) such agreement shall be governed by the laws of the State of New York.
Terms used in the preceding sentence that are defined in the New York UCC and
not otherwise defined herein shall have the meaning set forth in the New York
UCC.

      (c) All payments to be made from time to time by the Indenture Trustee to
Noteholders out of funds in the Principal Funding Account, the Accumulation
Reserve Account, the Cash Collateral Account or the Excess Spread Account
pursuant to this Indenture Supplement will be made by the Indenture Trustee to
the Paying Agent not later than 12:00 noon (New York City time) on the
applicable Interest Payment Date or Principal Payment Date but only to the
extent of available funds in the applicable Sub-Account or as otherwise provided
in Article IV.

      (d) On each Payment Date, all interest and earnings (net of losses and
investment expenses) accrued since the preceding Payment Date on funds on
deposit in the Cash Collateral Account will be retained in the Cash Collateral
Account (to the extent that the amount on deposit in the Cash Collateral Account
with respect to the related Monthly Period is less than the required balance for
the Cash Collateral Account for that Monthly Period) and the excess, if any,

                                     - 47 -
<PAGE>

will be deposited into the Collection Account and included in Available Finance
Charge Collections for such Payment Date.

      (e) On each Payment Date, all interest and earnings (net of losses and
investment expenses) accrued since the preceding Payment Date on funds on
deposit in the Excess Spread Account will be retained in the Excess Spread
Account (to the extent that the amount on deposit in the Excess Spread Account
with respect to the related Monthly Period is less than the required balance for
the Excess Spread Account for that Monthly Period) and the excess, if any, will
be deposited into the Collection Account and included in Available Finance
Charge Collections for such Payment Date.

      (f) From time to time in connection with the issuance of a Class or
Tranche of Notes, the Issuer may cause the Indenture Trustee to establish one or
more other segregated trust accounts in the manner and satisfying the
requirements set forth in this Section 4.34. Each such account shall also be
deemed an "Issuer Account."

      Section 4.35 Final Payment. The Holders of each Class or Tranche of Notes,
as applicable, will have no further right or claim, and the Issuer will have no
further obligation or liability with respect to such Class or Tranche of Notes,
as applicable, on the earliest to occur of:

      (a) the date on which the Outstanding Principal Balance of such Class or
Tranche of Notes, after giving effect to all deposits, allocations,
reallocations, sales of Collateral and payments to be made on such date, is
reduced to zero, and all accrued interest on such Notes is paid in full; or

      (b) on the Final Maturity Date of such Class or Tranche of Notes, after
giving effect to all deposits, allocations, reallocations, sales of Collateral
and payments to be made on such date.

                               [END OF ARTICLE IV]

                                     - 48 -
<PAGE>

                                    ARTICLE V
                        Delivery of AdvantaSeries Notes;
                      Reports to AdvantaSeries Noteholders

      Section 5.01 Delivery and Payment for the AdvantaSeries Notes; Form and
Denomination. The Issuer shall execute and issue, and the Indenture Trustee
shall authenticate, the AdvantaSeries Notes in accordance with Section 2.03 of
the Indenture. The Indenture Trustee shall deliver the AdvantaSeries Notes to or
upon the order of the Trust when so authenticated. The Class A Notes, the Class
B Notes and the Class C Notes shall be Book-Entry Notes. The Class D Notes shall
be delivered as Definitive Notes, and not as Book-Entry Notes. The Class D Notes
shall not be registered in the name of the nominee of the Clearing Agency or
Foreign Clearing Agency. The Class D Notes shall be available in the
denomination set forth in the Terms Document for each related Tranche.

      Section 5.02 Reports and Statements to AdvantaSeries Noteholders.

      (a) On each Payment Date, the Paying Agent, on behalf of the Indenture
Trustee, shall forward to each AdvantaSeries Noteholder a statement
substantially in the form of EXHIBIT C prepared by the Servicer.

      (b) Not later than the second Business Day preceding each Payment Date,
the Servicer shall deliver to the Owner Trustee, the Indenture Trustee, the
Paying Agent and each Rating Agency (i) a statement substantially in the form of
EXHIBIT C prepared by the Servicer and (ii) a certificate of an Authorized
Officer substantially in the form of EXHIBIT D; provided that the Servicer may
amend the form of EXHIBIT C and EXHIBIT D, from time to time, with the consent
of the Indenture Trustee, which consent shall not be unreasonably withheld.

      (c) A copy of each statement or certificate provided pursuant to paragraph
(a) or (b) may be obtained by any AdvantaSeries Noteholder by a request in
writing to the Servicer.

      (d) On or before January 31 of each calendar year, beginning with calendar
year 2005, the Paying Agent, on behalf of the Indenture Trustee, shall furnish
or cause to be furnished to each Person who at any time during the preceding
calendar year was a AdvantaSeries Noteholder, a statement prepared by the
Servicer containing the information which is required to be contained in the
statement to AdvantaSeries Noteholders, as set forth in paragraph (a) above,
aggregated for such calendar year or the applicable portion thereof during which
such Person was a AdvantaSeries Noteholder, together with other information as
is required to be provided by an issuer of indebtedness under the Code. Such
obligation of the Paying Agent shall be deemed to have been satisfied to the
extent that substantially comparable information shall be provided by the Paying
Agent pursuant to any requirements of the Code as from time to time in effect.

                               [END OF ARTICLE V]

                                     - 49 -
<PAGE>

                                   ARTICLE VI
                 AdvantaSeries Pay Out Events; Event of Default

      Section 6.01 AdvantaSeries Pay Out Events. If any one of the following
events shall occur with respect to the AdvantaSeries Notes or a Class or Tranche
of the AdvantaSeries Notes:

      (a) failure on the part of the Transferor (i) to make any payment or
deposit required to be made by the Transferor by the terms of the Transfer and
Servicing Agreement, the Indenture or this Indenture Supplement on or before the
date occurring five (5) Business Days after the date such payment or deposit is
required to be made therein or herein or (ii) duly to observe or perform any
other covenants or agreements of the Transferor set forth in the Transfer and
Servicing Agreement, the Indenture or this Indenture Supplement, which failure
has a material adverse effect on the AdvantaSeries Noteholders and which
continues unremedied for a period of sixty (60) days after the date on which
written notice of such failure, requiring the same to be remedied, shall have
been given to the Transferor by the Indenture Trustee, or to the Transferor and
the Indenture Trustee by any Holder of the AdvantaSeries Notes and continues to
materially and adversely affect the interests of the noteholders during such
60-day period;

      (b) any representation or warranty made by the Transferor in the Transfer
and Servicing Agreement, the Indenture or this Indenture Supplement, or any
information contained in a computer file or microfiche list required to be
delivered by the Transferor pursuant to Section 2.01 or subsection 2.09(h) of
the Transfer and Servicing Agreement shall prove to have been incorrect in any
material respect when made or when delivered, which continues to be incorrect in
any material respect for a period of sixty (60) days after the date on which
written notice of such failure, requiring the same to be remedied, shall have
been given to the Transferor by the Indenture Trustee, or to the Transferor and
the Indenture Trustee by any Holder of the AdvantaSeries Notes and as a result
of which the interests of the AdvantaSeries Noteholders are materially and
adversely affected for such period; provided, however, that a AdvantaSeries Pay
Out Event pursuant to this subsection 6.01(b) shall not be deemed to have
occurred hereunder if the Transferor has accepted reassignment of the related
Receivable, or all of such Receivables, if applicable, during such period in
accordance with the provisions of the Transfer and Servicing Agreement;

      (c) the average of the Net Portfolio Yields for any three consecutive
Monthly Periods is reduced to a rate which is less than the average of the Base
Rates for such period;

      (d) the Outstanding Principal Balance of any Class or Tranche of
AdvantaSeries Notes shall not be paid in full on the related Expected Final
Principal Payment Date;

      (e) without limiting the foregoing, the occurrence of an Event of Default
and acceleration with respect to the AdvantaSeries; and

      (f) the occurrence of any additional event listed in a Terms Document as
constituting an AdvantaSeries Pay Out Event with respect to a specific Tranche
of Notes;

then, in the case of any event described in subparagraph (a) or (b) or any Trust
Pay Out Event described in Section 5.01(a) of the Indenture, after the
applicable grace period, if any, set forth in such subparagraphs or in Section
5.01 of the Indenture, either the Indenture Trustee or the

                                     - 50 -
<PAGE>

Holders of the AdvantaSeries Notes evidencing not less than 50% of the aggregate
unpaid principal amount of the AdvantaSeries Notes by notice then given in
writing to the Transferor and the Servicer (and to the Indenture Trustee if
given by the AdvantaSeries Noteholders) may declare that a "SERIES PAY OUT
EVENT" with respect to the AdvantaSeries (an "ADVANTASERIES PAY OUT EVENT") has
occurred as of the date of such notice, and, in the case of any event described
in subparagraph (c), (d) or (e) or any Trust Pay Out Event described in Sections
5.01(b), (c) or (d) of the Indenture, (a "SERIES PAY OUT EVENT") (also an
"ADVANTASERIES PAY OUT EVENT") with respect to each affected Class or Tranche of
AdvantaSeries Notes shall occur without any notice or other action on the part
of the Indenture Trustee or the AdvantaSeries Noteholders immediately upon the
occurrence of such event. Notwithstanding anything herein to the contrary, an
event described in Section 6.01(d) shall constitute a Pay Out Event only with
respect to the particular Class or Tranche the Outstanding Principal Balance of
which is not paid in full on the related Expected Final Principal Payment Date.

      Section 6.02 AdvantaSeries Event of Default. Designated in accordance with
Section 5.02(f) of the Indenture, the Issuer's default in the payment of the
principal of any Tranche or Class of Notes on its Final Maturity Date shall
constitute an Event of Default with respect to the AdvantaSeries only (whatever
the reason and whether it shall be voluntary or involuntary or be effected by
operation of law or pursuant to any judgment, decree or order of any court or
any order, rule or regulation of any administrative or governmental body).

      Section 6.03 Acceleration of Maturity; Rescission and Annulment. If an
Event of Default described in Section 6.02 should occur and be continuing with
respect to a Tranche of the AdvantaSeries Notes, then and in every such case the
Indenture Trustee or the Holders of Notes of the affected Tranche representing
more than [50]% of the Outstanding Principal Balance of such Tranche may declare
all the Notes of such Tranche to be immediately due and payable, by a notice in
writing to the Issuer (and to the Indenture Trustee if declared by Noteholders),
and upon any such declaration the unpaid principal amount of such Notes,
together with accrued and unpaid interest thereon through the date of
acceleration, shall become immediately due and payable.

      At any time after such declaration of acceleration of maturity has been
made and before a judgment or decree for payment of the money due has been
obtained by the Indenture Trustee as provided in Article V of the Indenture, the
Holders of Notes representing more than [50]% of the Outstanding Amount of such
Tranche, by written notice to the Issuer and the Indenture Trustee, may rescind
and annul such declaration and its consequences.

      No such rescission shall affect any subsequent default or impair any right
consequent thereto.

      Section 6.04 Remedies; Priorities.

      (a) If an Event of Default shall have occurred and be continuing with
respect to any Tranche, and the Notes of such Tranche have been accelerated
pursuant to Section 6.03, the Indenture Trustee may do one or more of the
following (subject to Sections 5.06 and 12.16 of the Indenture):

                                     - 51 -
<PAGE>

            (i) institute Proceedings in its own name and as trustee of an
express trust for the collection of all amounts then payable on the Notes of the
affected Tranche or under the Indenture with respect thereto, whether by
declaration or otherwise, enforce any judgment obtained, and collect from the
Issuer and any other obligor upon such Notes moneys adjudged due;

            (ii) take any other appropriate action to protect and enforce the
rights and remedies of the Indenture Trustee and the Holders of the Notes of the
affected Tranche; or

            (iii) (A) at its own election, institute Proceedings from time to
time for the complete or partial foreclosure of the portion of the Collateral
which secures such Tranche of Notes by causing the Trust to issue a Foreclosure
Certificate to the Holders of such Notes, (B) at its own election, institute
Proceedings from time to time for the complete or partial foreclosure of the
portion of the Collateral which secures such Tranche of Notes by causing the
Trust to issue a Foreclosure Certificate to a third party selected by the
Indenture Trustee, but only if the Indenture Trustee determines that the
proceeds of the issuance of the Foreclosure Certificate to such third party will
be sufficient to pay principal of and interest on such Notes in full, and (C) at
the written direction of the Holders of Notes representing more than [50]% of
the Outstanding Principal Balance of the affected Tranche, institute Proceedings
from time to time for the complete or partial foreclosure of the portion of the
Collateral which secures such Tranche of Notes by causing the Trust to issue a
Foreclosure Certificate to the Holders of such Notes or to one or more third
parties selected by the Holders of Notes representing more than [50]% of the
Outstanding Principal Balance of the affected Tranche (each, a "Foreclosure
Remedy"); provided, however, that the Indenture Trustee may not exercise the
remedy described in subparagraph (iii) above unless (A) (1) the Holders of Notes
representing [100]% of the Outstanding Principal Balance of the affected Tranche
consent thereto or (2) the Indenture Trustee determines that any proceeds of
such exercise distributable to the Noteholders of the affected Tranche and any
payments to be received under any derivative agreement or supplemental credit
enhancement for the benefit of such Noteholders are sufficient to discharge in
full all amounts then due and unpaid upon the Notes for principal and interest
and (B) the Indenture Trustee has obtained an Opinion of Counsel to the effect
that the exercise of such remedy (1) will not cause the Trust or any portion
thereof to be deemed to be an association (or publicly traded partnership)
taxable as a corporation for federal income tax purposes and (2) complies with
applicable federal and state securities laws. In determining such sufficiency or
insufficiency with respect to clause (A)(1) and (2), the Indenture Trustee may,
but need not, obtain and rely upon an opinion of an Independent investment
banking or accounting firm of national reputation as to the feasibility of such
proposed action and as to the sufficiency of the Collateral for such purpose.

      In the case of an acceleration of a Tranche of Subordinated Notes, if the
provisions of Section 4.19 would prevent the payment of the accelerated Tranche
of Subordinated Notes, such sale will be delayed until a level of coverage
funding of the Principal Funding Sub-Accounts for the Senior Notes pursuant to
Section 4.23 has been reached such that the amount of such accelerated Tranche
is no longer required to provide subordination for the Senior Notes.

                                     - 52 -
<PAGE>

      When a Foreclosure Certificate is issued with respect to Notes that have
been accelerated, those Notes shall be deemed to have been paid in full by the
Trust and the Holders of such Notes shall thereupon cease to have any claim
against the Trust with respect to such Notes.

      The remedies provided in this Section 6.05(a) are the exclusive remedies
provided to the Noteholders of the affected Tranche upon an Event of Default
that affects solely that Tranche with respect to the Collateral and each of such
Noteholders (by their acceptance of their respective interests in the Notes) or
the Indenture Trustee hereby expressly waive any other remedy that might have
been available under the applicable UCC.

      (b) If the Indenture Trustee collects any money or property pursuant to
this Article VI or Article V of the Indenture following the acceleration of the
maturities of the Notes of the affected Tranche pursuant to Section 6.03 (so
long a such declaration shall not have been rescinded or annulled), it shall pay
out the money or property in the following order:

                        FIRST:  to the Indenture Trustee for amounts due
                                pursuant to Section 6.07 of the Indenture;

                        SECOND: to be deposited in the Principal Funding
                                Sub-Account for that Tranche of Notes, an amount
                                up to the amount that would be necessary to
                                increase the aggregate amount on deposit in such
                                Principal Funding Sub-Account to equal the
                                Outstanding Principal Balance of such Tranche of
                                Notes;

                        THIRD:  to be deposited in the Collection Account and
                                distributed to such Tranche of Notes, an amount
                                up to amount that would be necessary to increase
                                the aggregate amount allocated to such Tranche
                                of Notes for payment of interest to the amount
                                due pursuant to Section 4.06; and

                        FOURTH: to be deposited in the Collection Account to be
                                treated as Available Finance Charge Collections,
                                any amount remaining for a Tranche of Notes that
                                has caused the sale of a Foreclosure Certificate
                                pursuant to this Section 6.04 after final
                                payment of such Tranche.

      (c) The Indenture Trustee may, upon notification to the Issuer, fix a
record date and payment date for any payment to Noteholders of the affected
Tranche pursuant to this Section 6.05. At least fifteen (15) days before such
record date, the Indenture Trustee shall mail or send by facsimile to each such
Noteholder a notice that states the record date, the payment date and the amount
to be paid.

                                     - 53 -
<PAGE>

      (d) If the Adjusted Invested Amount of any Tranche of Notes is greater
than zero on its Final Maturity Date (after giving effect to any adjustments,
deposits and distributions otherwise to be made on that Final Maturity Date),
the Indenture Trustee shall sell a Foreclosure Certificate on that Final
Maturity Date in an amount up to the Adjusted Invested Amount of the affected
Tranche plus any accrued, past due and additional interest on the affected
Tranche.

      Section 6.05 Optional Preservation of the Collateral. If the Notes of any
Tranche have been declared to be due and payable under Section 6.03 following an
Event of Default and such declaration and its consequences have not been
rescinded and annulled, and the Indenture Trustee has not received directions
from the Noteholders pursuant to Section 5.12 of the Indenture, the Indenture
Trustee may, but need not, elect to maintain possession of the portion of the
Collateral which secures such Notes and apply proceeds of the Collateral to make
payments on such Notes to the extent such proceeds are available therefor. It is
the desire of the parties hereto and the Noteholders that there be at all times
sufficient funds for the payment of principal of and interest on the Notes. In
determining whether to maintain possession of the Collateral, the Indenture
Trustee may, but need not, obtain and rely upon an opinion of an Independent
investment banking or accounting firm of national reputation as to the
feasibility of such proposed action and as to the sufficiency of the Trust
Estate for such purpose.

                              [END OF ARTICLE VI]

                                     - 54 -
<PAGE>

                                  ARTICLE VII
                     Redemption of the AdvantaSeries Notes;
                    Final Distributions; Series Termination

      Section 7.01 Optional Redemption of the AdvantaSeries Notes; Final
Distributions.

      (a) On any day occurring on or after the date on which the Outstanding
Principal Balance of a Class or a Tranche of the AdvantaSeries Notes is reduced
to 10% or less of the highest Outstanding Principal Balance (or such other
percentage as shall be specified from time to time by the Servicer, consistent
with sale treatment under GAAP and regulatory accounting principles), the
Servicer shall have the option to redeem such Class or Tranche of the
AdvantaSeries Notes; provided, however, that if such Class or Tranche to be
redeemed is of a Subordinated Class or Tranche, such Class or Tranche will not
be redeemed if the required subordination for a Senior Class of Notes would not
be satisfied following such redemption. Unless otherwise specified in the Terms
Document applicable to the Notes to be so redeemed, the redemption price of a
Series, Class or Tranche so redeemed shall equal 100% of the outstanding
principal amount of such Tranche, plus accrued, unpaid and additional interest
on such Tranche to but excluding the date of redemption, the payment of which
will be subject to the allocations, deposits and payments sections of this
Indenture Supplement.

      (b) The Servicer shall give the Issuer and the Indenture Trustee at least
thirty (30) days prior written notice of the date on which the Servicer intends
to exercise such optional redemption. Not later than 12:00 noon, New York City
time, on such day the Servicer shall deposit into the Collection Account in
immediately available funds the excess of the redemption price over the amount,
if any, on deposit in the Principal Funding Account applicable to each Tranche
of Notes to be redeemed. Following such deposit into the Collection Account in
accordance with the foregoing, the Noteholders of such Tranche shall have no
further security interest in the Receivables.

      (c)   (i) The amount to be paid by the Transferor with respect to the
AdvantaSeries in connection with a reassignment of Receivables to the Transferor
pursuant to Section 2.06 of the Transfer and Servicing Agreement shall equal the
Reassignment Amount for the first Payment Date following the Monthly Period in
which the reassignment obligation arises under the Transfer and Servicing
Agreement.

            (ii) The amount to be paid by the Transferor with respect to the
AdvantaSeries in connection with a repurchase of the Notes pursuant to Section
7.01 of the Transfer and Servicing Agreement shall equal the Reassignment Amount
for the Payment Date of such repurchase.

      (d) Notwithstanding anything to the contrary in this Indenture Supplement,
the Indenture or the Transfer and Servicing Agreement, if the Paying Agent is
not also the Indenture Trustee, all amounts distributed to the Paying Agent
pursuant to subsection 7.01(a) for payment to Noteholders shall be deemed
distributed in full to such Noteholders on the date on which such funds are
distributed to the Paying Agent pursuant to this Section 7.01 and shall be
deemed to be a final distribution pursuant to Section 11.02 of the Indenture.

                                     - 55 -
<PAGE>

      Section 7.02 Series Termination. On the AdvantaSeries Final Maturity Date,
the right of the AdvantaSeries Noteholders to receive payments from the Issuer
will be limited solely to the right to receive payments pursuant to Section 5.05
of the Indenture.

                              [END OF ARTICLE VII]

                                     - 56 -
<PAGE>

                                  ARTICLE VIII
                            Miscellaneous Provisions

      Section 8.01 Ratification of Indenture. As supplemented by this Indenture
Supplement, the Indenture is in all respects ratified and confirmed and the
Indenture as so supplemented by this Indenture Supplement shall be read, taken
and construed as one and the same instrument.

      Section 8.02 Form of Delivery of the AdvantaSeries Notes. Unless otherwise
specified in the applicable Terms Document, the Class A Notes, the Class B Notes
and the Class C Notes shall be Book-Entry Notes and shall be delivered as
Registered Notes as provided in Section 2.01 of the Indenture in substantially
the form of Exhibit A hereto.

      Section 8.03 Amendment. This Indenture Supplement may be amended only in
accordance with the provisions set forth in Sections 10.01 and 10.02 of the
Indenture.

      Section 8.04 Counterparts. This Indenture Supplement may be executed in
two or more counterparts, and by different parties on separate counterparts,
each of which shall be an original, but all of which shall constitute one and
the same instrument.

      Section 8.05 GOVERNING LAW. THIS INDENTURE SUPPLEMENT SHALL BE CONSTRUED
IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REFERENCE TO ITS
CONFLICT OF LAWS PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE
PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

      Section 8.06 Limitation of Liability. Notwithstanding any other provision
herein or elsewhere, this Agreement has been executed and delivered by
Wilmington Trust Company, not in its individual capacity, but solely in its
capacity as Owner Trustee of the Trust, in no event shall (i) Wilmington Trust
Company in its individual capacity, (ii) any owner of a beneficial interest in
the Trust or (iii) any partner, owner, beneficiary, agent, officer, director,
employee or agent of the Owner Trustee in its individual capacity, any holder of
a beneficial interest in the Trust, the Owner Trustee or of any successor or
assign of the Owner Trustee in its individual capacity, except as any such
Person may have expressly agreed (it being understood that the Owner Trustee has
no such obligations in its individual capacity), have any liability in respect
of the representations, warranties, or obligations of the Trust hereunder or
under any other document, as to all of which recourse shall be had solely to the
assets of the Trust, and for all purposes of this Agreement and each other
document, the Owner Trustee (as such or in its individual capacity) shall be
subject to, and entitled to the benefits of, the terms and provisions of the
Trust Agreement.

      Section 8.07 Representations and Warranties of the Issuer. The Issuer
hereby represents and warrants to the Indenture Trustee that:

      (a) Valid and Enforceable Security Interest. The Indenture creates a valid
and continuing security interest (as defined in the applicable UCC) in the
Collateral in favor of the Indenture Trustee, which security interest is prior
to all other Liens, and is enforceable as such as against creditors of and
purchasers from the Issuer;

                                     - 57 -
<PAGE>

      (b) No Liens. The Issuer owns and has good and marketable title to the
Collateral free and clear of any Lien;

      (c) Filings. The Issuer has caused the delivery for filing of all
appropriate financing statements in the proper filing office in the appropriate
jurisdictions under applicable law in order to perfect the security interest in
the Collateral granted to the Indenture Trustee under the Indenture;

      (d) Accounts. The Receivables constitute "accounts" within the meaning of
the applicable UCC;

      (e) Conveyance of Collateral; Judgments and Tax Liens. Other than the
security interest granted to the Indenture Trustee pursuant to the Indenture,
the Issuer has not pledged, assigned, sold, granted a security interest in, or
otherwise conveyed any of the Collateral. The Issuer has not authorized the
filing of and is not aware of any financing statements against the Issuer that
include a description of collateral covering the Collateral, other than any
financing statement relating to the security interest granted to the Indenture
Trustee under the Indenture or that has been terminated. The Issuer is not aware
of any judgment or tax lien filings against the Collateral; and

      (f) Survival of Representations and Warranties. All representations,
warranties and agreements contained in this Section 8.07 shall remain operative
and in full force and effect and shall survive the consummation of the
transactions contemplated hereby.

                             [END OF ARTICLE VIII]

                                     - 58 -
<PAGE>

      IN WITNESS WHEREOF, the undersigned have caused this Indenture Supplement
to be duly executed and delivered by their respective duly authorized officers
on the day and year first above written.

                                    WILMINGTON TRUST COMPANY,
                                     as Owner Trustee of
                                    ADVANTA BUSINESS CARD MASTER TRUST

                                    By:____________________________________
                                    Name:
                                    Title:

                                    DEUTSCHE BANK TRUST COMPANY AMERICAS,
                                     as Indenture Trustee

                                    By:____________________________________
                                    Name:
                                    Title:

Acknowledged and Accepted:

ADVANTA BANK CORP.,
 as Servicer

By:____________________________________
Name:
Title:

ADVANTA BUSINESS RECEIVABLES CORP.,
 as Transferor

By:____________________________________
Name:
Title:

             [Signature Page to AdvantaSeries Indenture Supplement]

<PAGE>

                                                                     EXHIBIT A-1

      FORM OF ADVANTASERIES CLASS A (200[_]-[_]) ASSET BACKED NOTE

      UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE ISSUER OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

      THE HOLDER OF THIS NOTE BY ITS ACCEPTANCE HEREOF COVENANTS AND AGREES THAT
IT WILL NOT AT ANY TIME INSTITUTE AGAINST THE ISSUER OR THE TRANSFEROR, OR JOIN
IN INSTITUTING AGAINST THE ISSUER OR THE TRANSFEROR, ANY BANKRUPTCY,
REORGANIZATION, ARRANGEMENT, INSOLVENCY OR LIQUIDATION PROCEEDINGS, OR OTHER
PROCEEDINGS UNDER ANY UNITED STATES FEDERAL OR STATE BANKRUPTCY OR SIMILAR LAW.

      THE HOLDER OF THIS ADVANTASERIES CLASS A (200[_]-[_]) NOTE, BY ACCEPTANCE
OF THIS NOTE, AND EACH HOLDER OF A BENEFICIAL INTEREST THEREIN, AGREE TO TREAT
THE ADVANTASERIES CLASS A (200[_]-[_]) NOTES AS INDEBTEDNESS FOR APPLICABLE
FEDERAL, STATE, AND LOCAL INCOME AND FRANCHISE TAX LAW AND FOR PURPOSES OF ANY
OTHER TAX IMPOSED ON, OR MEASURED BY, INCOME.

                                Exhibit A-1 - 1
<PAGE>

INITIAL PRINCIPAL BALANCE REGISTERED                                 up to $[_]*
No. A-[_]                                                          CUSIP NO. [_]

                       ADVANTA BUSINESS CARD MASTER TRUST

              ADVANTASERIES CLASS A (200[_]-[_]) ASSET BACKED NOTE

      Wilmington Trust Company, as Owner Trustee of Advanta Business Card Master
Trust (herein referred to as the "Issuer" or the "Trust"), a Delaware common law
trust governed by a Trust Agreement dated as of August 1, 2000, for value
received, hereby promises to pay to [_], or registered assigns, subject to the
following provisions, the principal sum of [_] DOLLARS, or such greater or
lesser amount as determined in accordance with the Indenture, on the [_] [_],
[_] Payment Date (the "Expected Final Principal Payment Date"), except as
otherwise provided below or in the Indenture, provided, however, that the entire
unpaid principal amount of this Note shall be due and payable on the [_] [_],
[_] Payment Date (the "Final Maturity Date"). The Issuer will pay interest on
the unpaid principal amount of this Note at the Class A (200[_]-[_]) Note
Interest Rate on each Interest Payment Date until the principal amount of this
Note is paid in full. Interest on this Note will accrue for each Interest
Payment Date from and including the most recent Interest Payment Date on which
interest has been paid to but excluding such Interest Payment Date or, for the
first Interest Payment Date, from and including the Closing Date to but
excluding such Interest Payment Date. Interest will be computed on the basis of
a 360-day year and the actual number of days elapsed. Principal of and interest
on this Note shall be paid in the manner specified on the reverse hereof.

      The principal of and interest on this Note are payable in such coin or
currency of the United States of America as at the time of payment is legal
tender for payment of public and private debts.

      Reference is made to the further provisions of this Note set forth on the
reverse hereof, which shall have the same effect as though fully set forth on
the face of this Note.

      Unless the certificate of authentication hereon has been executed by or on
behalf of the Indenture Trustee, by manual signature, this Note shall not be
entitled to any benefit under the Indenture or the Indenture Supplement referred
to on the reverse hereof, or be valid for any purpose.

____________
*     Denominations of $1,000 and integral multiples of $1,000 in excess
      thereof.

                                Exhibit A-1 - 2
<PAGE>

      IN WITNESS WHEREOF, the Issuer has caused this AdvantaSeries Class A
(200[_]-[_]) Note to be duly executed.

                                    WILMINGTON TRUST COMPANY,
                                     as Owner Trustee of
                                    ADVANTA BUSINESS CARD MASTER TRUST

                                    By:______________________________________
                                    Name:
                                    Title:

Dated:

                                Exhibit A-1 - 3
<PAGE>

               INDENTURE TRUSTEE'S CERTIFICATE OF AUTHENTICATION

This is one of the AdvantaSeries Class A (200[_]-[_]) Notes described in the
within-mentioned Indenture.

                                    DEUTSCHE BANK TRUST COMPANY AMERICAS,
                                    not in its individual capacity,
                                    but solely as Indenture Trustee

                                    By:____________________________________
                                                Authorized Signatory

Dated:

                                Exhibit A-1 - 4
<PAGE>

                       ADVANTA BUSINESS CARD MASTER TRUST

              ADVANTASERIES CLASS A (200[_]-[_]) ASSET BACKED NOTE

                         Summary of Terms and Conditions

      This AdvantaSeries Class A (200[_]-[_]) Note is one of a duly authorized
issue of Notes of the Issuer, designated as Advanta Business Card Master Trust,
AdvantaSeries (the "ADVANTASERIES NOTES"), issued under a Master Indenture dated
as of August 1, 2000 (the "MASTER INDENTURE"), between the Issuer and Deutsche
Bank Trust Company Americas (formerly known as Bankers Trust Company), as
indenture trustee (the "INDENTURE TRUSTEE"), as supplemented by the
AdvantaSeries Indenture Supplement dated as of [_] [_], [_] (the "INDENTURE
SUPPLEMENT"), as supplemented by the Class A (200[_]-[_]) Terms Document (the
"Terms Document") dated as of [_] [_], [_], between the Issuer and the Indenture
Trustee, and representing the right to receive certain payments from the Issuer.
The term "Indenture," unless the context otherwise requires, refers to the
Master Indenture as supplemented by the Indenture Supplement and as further
supplemented by the Terms Document. The Notes are subject to all of the terms of
the Indenture. All terms used in this Note that are defined in the Indenture
shall have the meanings assigned to them in or pursuant to the Indenture. In the
event of any conflict or inconsistency between the Indenture and this Note, the
Indenture shall control.

      One or more Tranches of the AdvantaSeries Class B (200[_]-[_]) Notes, the
AdvantaSeries Class C (200[_]-[_]) Notes and the AdvantaSeries Class D
(200[_]-[_]) Notes will also be issued under the Indenture. One or more Tranches
of the AdvantaSeries Class A (200[_]-[_]) Notes may also be issued under the
Indenture. These other Tranches of AdvantaSeries Notes may be issued at the same
time as or at different times than the Closing Date of the AdvantaSeries Class A
(200[_]-[_]) Notes.

      The AdvantaSeries Class A (200[_]-[_]) Notes are and will be ratably
secured by the collateral pledged as security therefore as provided in the
Indenture.

      The Noteholder, by its acceptance of this Note, agrees that it will look
solely to the property of the Trust allocated to the payment of this Note for
payment hereunder and that the Indenture Trustee is not liable to the
Noteholders for any amount payable under the Note or the Indenture or, except as
expressly provided in the Indenture, subject to any liability under the
Indenture.

      This Note does not purport to summarize the Indenture and reference is
made to the Indenture for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced thereby, and the rights, duties and
immunities of the Indenture Trustee.

      Principal of the Notes is expected to be paid on the Expected Final
Principal Payment Date in an amount described on the face hereof. The Expected
Final Principal Payment Date is the [_] [_], [_] Payment Date, but principal
with respect to the AdvantaSeries Class A (200[_]-[_]) Notes may be paid earlier
or later under certain circumstances described in the Indenture Supplement and
Indenture. As described above, the entire unpaid principal amount of this Note
shall be due and payable on the Final Maturity Date.

                                Exhibit A-1 - 5
<PAGE>

      Subject to the terms and conditions of the Indenture, the Transferor may,
from time to time, direct the Owner Trustee, on behalf of the Trust, to issue
one or more new Series, Classes or Tranches of Notes.

      On each Payment Date, the Paying Agent shall distribute to each
AdvantaSeries Class A (200[_]-[_]) Noteholder of record on the related Record
Date (except for the final payment in respect of this AdvantaSeries Class A
(200[_]-[_]) Note) such AdvantaSeries Class A (200[_]-[_]) Noteholder's pro rata
share of the amounts held by the Paying Agent that are allocated and available
on such Payment Date to pay interest and principal on the AdvantaSeries Class A
(200[_]-[_]) Notes pursuant to the Indenture Supplement and the Terms Document.
Except as provided in the Indenture with respect to a final payment, payments to
AdvantaSeries Noteholders shall be made by (i) check mailed to each
AdvantaSeries Noteholder (at such Noteholder's address as it appears in the Note
Register), except that with respect to any AdvantaSeries Notes registered in the
name of the nominee of a Clearing Agency, such payment shall be made in
immediately available funds and (ii) without presentation or surrender of any
AdvantaSeries Note or the making of any notation thereon. Final payment of this
AdvantaSeries Class A (200[_]-[_]) Note will be made only upon presentation and
surrender of this AdvantaSeries Class A (200[_]-[_]) Note at the office or
agency specified in the notice of final payment delivered by the Indenture
Trustee to the AdvantaSeries Noteholders in accordance with the Indenture.

      On any day occurring on or after the date on which the aggregate Adjusted
Invested Amount of any Tranche of Notes is reduced to 10% or less of its highest
Outstanding Principal Balance, the Servicer shall have the option to redeem such
Tranche of AdvantaSeries Notes, at a purchase price equal to the Outstanding
Principal Balance of such Tranche, plus interest accrued and unpaid or principal
accreted and unpaid on such Tranche to but excluding the date of redemption.

      THIS ADVANTASERIES CLASS A (200[_]-[_]) NOTE DOES NOT REPRESENT AN
OBLIGATION OF, OR AN INTEREST IN, THE TRANSFEROR, ADVANTA BANK CORP., ADVANTA
CORP., OR ANY AFFILIATE OF ANY OF THEM AND IS NOT INSURED OR GUARANTEED BY THE
FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY OR
INSTRUMENTALITY.

      Each Noteholder, by accepting a Note, hereby covenants and agrees that it
will not at any time institute against the Issuer or the Transferor, or join in
instituting against the Issuer or the Transferor, any bankruptcy,
reorganization, arrangement, insolvency or liquidation proceedings, or other
proceedings under any United States federal or state bankruptcy or similar law.

      Except as otherwise provided in the Indenture Supplement, the
AdvantaSeries Class A (200[_]-[_]) Notes are issuable only in minimum
denominations of $1,000 and integral multiples of $1,000. The transfer of this
AdvantaSeries Class A (200[_]-[_]) Note shall be registered in the Note Register
upon surrender of this AdvantaSeries Class A (200[_]-[_]) Note for registration
of transfer at any office or agency maintained by the Transfer Agent and
Registrar accompanied by a written instrument of transfer, in a form
satisfactory to the Indenture Trustee or the Transfer Agent and Registrar, duly
executed by the AdvantaSeries Class A (200[_]-[_]) Noteholder or such
AdvantaSeries Class A (200[_]-[_]) Noteholder's attorney, and duly authorized in
writing

                                 Exhibit A-1 - 6
<PAGE>

with such signature guaranteed, and thereupon one or more new AdvantaSeries
Class A (200[_]-[_]) Notes in any authorized denominations of like aggregate
principal amount will be issued to the designated transferee or transferees.

      As provided in the Indenture and subject to certain limitations therein
set forth, AdvantaSeries Class A (200[_]-[_]) Notes are exchangeable for new
AdvantaSeries Class A (200[_]-[_]) Notes in any authorized denominations and of
like aggregate principal amount, upon surrender of such Notes to be exchanged at
the office or agency of the Transfer Agent and Registrar. No service charge may
be imposed for any such exchange but the Issuer or Transfer Agent and Registrar
may require payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in connection therewith.

      The Issuer, the Transferor, the Indenture Trustee and any agent of the
Issuer, the Transferor or the Indenture Trustee shall treat the person in whose
name this AdvantaSeries Class A (200[_]-[_]) Note is registered as the owner
hereof for all purposes, and neither the Issuer, the Transferor, the Indenture
Trustee nor any agent of the Issuer, the Transferor or the Indenture Trustee
shall be affected by notice to the contrary.

      The Indenture permits, with certain exceptions as therein provided, the
amendment thereof and the modification of the rights and obligations of the
Issuer and the rights of the Holders of the Notes under the Indenture at any
time by the Issuer with the consent of the Holders of Notes representing more
than 50% of the Outstanding Amount of each affected Series. The Indenture also
contains provisions permitting the Holders of Notes representing specified
percentages of the Outstanding Amount of the Notes, and specified percentages of
the Outstanding Principal Balance of the AdvantaSeries Class A (200[_]-[_])
Notes, on behalf of the Holders of all the Notes, or on behalf of all the
AdvantaSeries Class A (200[_]-[_]) Notes, as the case may be, to waive
compliance by the Issuer with certain provisions of the Indenture and certain
past defaults under the Indenture and their consequences. Any such consent or
waiver by the Holder of this Note (or any one of more Predecessor Notes) shall
be conclusive and binding upon such Holder and upon all future Holders of this
Note and of any Note issued upon the registration of transfer hereof or in
exchange hereof or in lieu hereof whether or not notation of such consent or
waiver is made upon this Note. The Indenture also permits the Indenture Trustee
to amend or waive certain terms and conditions set forth in the Indenture
without the consent of Holders of the Notes issued thereunder.

      The term "Issuer" as used in this Note includes any successor to the
Issuer under the Indenture.

      The Issuer is permitted by the Indenture, under certain circumstances, to
merge or consolidate, subject to the rights of the Indenture Trustee and the
Holders of Notes under the Indenture.

      The Notes are issuable only in registered form in denominations as
provided in the Indenture, subject to certain limitations therein set forth.

      THIS ADVANTASERIES CLASS A (200[_]-[_]) NOTE SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT

                                Exhibit A-1 - 7
<PAGE>

REFERENCE TO ITS CONFLICT OF LAWS PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND
REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH
LAWS.

                                Exhibit A-1 - 8
<PAGE>

                                   ASSIGNMENT

Social Security or other identifying number of assignee_________________________

      FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers
unto ______________________________ (name and address of assignee) the within
certificate and all rights thereunder, and hereby irrevocably constitutes and
appoints ____________________, attorney, to transfer said certificate on the
books kept for registration thereof, with full power of substitution in the
premises.

Dated:__________                                ______________________________**
                                                     Signature Guaranteed

____________
**    The signature to this assignment must correspond with the name of the
registered owner as it appears on the face of the within Note in every
particular, without alteration, enlargement or any change whatsoever.

                                Exhibit A-1 - 9
<PAGE>

                                                                     EXHIBIT A-2

      FORM OF ADVANTASERIES CLASS B (200[_]-[_]) ASSET BACKED NOTE

      UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE ISSUER OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

      THE HOLDER OF THIS NOTE BY ITS ACCEPTANCE HEREOF COVENANTS AND AGREES THAT
IT WILL NOT AT ANY TIME INSTITUTE AGAINST THE ISSUER OR THE TRANSFEROR, OR JOIN
IN INSTITUTING AGAINST THE ISSUER OR THE TRANSFEROR, ANY BANKRUPTCY,
REORGANIZATION, ARRANGEMENT, INSOLVENCY OR LIQUIDATION PROCEEDINGS, OR OTHER
PROCEEDINGS UNDER ANY UNITED STATES FEDERAL OR STATE BANKRUPTCY OR SIMILAR LAW.

      THE HOLDER OF THIS ADVANTASERIES CLASS B (200[_]-[_]) NOTE, BY ACCEPTANCE
OF THIS NOTE, AND EACH HOLDER OF A BENEFICIAL INTEREST THEREIN, AGREE TO TREAT
THE ADVANTASERIES CLASS B (200[_]-[_]) NOTES AS INDEBTEDNESS FOR APPLICABLE
FEDERAL, STATE, AND LOCAL INCOME AND FRANCHISE TAX LAW AND FOR PURPOSES OF ANY
OTHER TAX IMPOSED ON, OR MEASURED BY, INCOME.

                                Exhibit A-2 - 1
<PAGE>

INITIAL PRINCIPAL BALANCE REGISTERED                                 up to $[_]*
No. B-[_]                                                          CUSIP NO. [_]

                       ADVANTA BUSINESS CARD MASTER TRUST

              ADVANTASERIES CLASS B (200[_]-[_]) ASSET BACKED NOTE

      Wilmington Trust Company, as Owner Trustee of Advanta Business Card Master
Trust (herein referred to as the "Issuer" or the "Trust"), a Delaware common law
trust governed by a Trust Agreement dated as of August 1, 2000, for value
received, hereby promises to pay to [_], or registered assigns, subject to the
following provisions, the principal sum of [_] DOLLARS, or such greater or
lesser amount as determined in accordance with the Indenture, on the [_] [_],
[_] Payment Date (the "Expected Final Principal Payment Date"), except as
otherwise provided below or in the Indenture, provided, however, that the entire
unpaid principal amount of this Note shall be due and payable on the [_] [_],
[_] Payment Date (the "Final Maturity Date"). The Issuer will pay interest on
the unpaid principal amount of this Note at the Class B (200[_]-[_]) Note
Interest Rate on each Interest Payment Date until the principal amount of this
Note is paid in full. Interest on this Note will accrue for each Interest
Payment Date from and including the most recent Interest Payment Date on which
interest has been paid to but excluding such Interest Payment Date or, for the
first Interest Payment Date, from and including the Closing Date to but
excluding such Interest Payment Date. Interest will be computed on the basis of
a 360-day year and the actual number of days elapsed. Principal of and interest
on this Note shall be paid in the manner specified on the reverse hereof.

      The principal of and interest on this Note are payable in such coin or
currency of the United States of America as at the time of payment is legal
tender for payment of public and private debts.

      Reference is made to the further provisions of this Note set forth on the
reverse hereof, which shall have the same effect as though fully set forth on
the face of this Note.

      Unless the certificate of authentication hereon has been executed by or on
behalf of the Indenture Trustee, by manual signature, this Note shall not be
entitled to any benefit under the Indenture or the Indenture Supplement referred
to on the reverse hereof, or be valid for any purpose.

      THIS CLASS B NOTE IS SUBORDINATED TO THE EXTENT NECESSARY TO FUND PAYMENTS
ON THE CLASS A NOTES TO THE EXTENT SPECIFIED IN THE INDENTURE SUPPLEMENT.

____________
*     Denominations of $1,000 and integral multiples of $1,000 in excess
      thereof.

                                Exhibit A-2 - 2
<PAGE>

      IN WITNESS WHEREOF, the Issuer has caused this AdvantaSeries Class B
(200[_]-[_]) Note to be duly executed.

                                    WILMINGTON TRUST COMPANY,
                                     as Owner Trustee of
                                    ADVANTA BUSINESS CARD MASTER TRUST

                                    By:______________________________________
                                    Name:
                                    Title:

Dated: __________

                                Exhibit A-2 - 3
<PAGE>

               INDENTURE TRUSTEE'S CERTIFICATE OF AUTHENTICATION

This is one of the AdvantaSeries Class B (200[_]-[_]) Notes described in the
within-mentioned Indenture.

                                    DEUTSCHE BANK TRUST COMPANY AMERICAS,
                                    not in its individual capacity,
                                    but solely as Indenture Trustee

                                    By:____________________________________
                                                Authorized Signatory

Dated:

                                Exhibit A-2 - 4
<PAGE>

                       ADVANTA BUSINESS CARD MASTER TRUST

              ADVANTASERIES CLASS B (200[_]-[_]) ASSET BACKED NOTE

                         Summary of Terms and Conditions

      This AdvantaSeries Class B (200[_]-[_]) Note is one of a duly authorized
issue of Notes of the Issuer, designated as Advanta Business Card Master Trust,
AdvantaSeries (the "ADVANTASERIES NOTES"), issued under a Master Indenture dated
as of August 1, 2000 (the "MASTER INDENTURE"), between the Issuer and Deutsche
Bank Trust Company Americas (formerly known as Bankers Trust Company), as
indenture trustee (the "INDENTURE TRUSTEE"), as supplemented by the
AdvantaSeries Indenture Supplement dated as of [_] [_], [_] (the "INDENTURE
SUPPLEMENT"), as supplemented by the Class B (200[_]-[_]) Terms Document (the
"Terms Document") dated as of [_] [_], [_], between the Issuer and the Indenture
Trustee, and representing the right to receive certain payments from the Issuer.
The term "Indenture," unless the context otherwise requires, refers to the
Master Indenture as supplemented by the Indenture Supplement and as further
supplemented by the Terms Document. The Notes are subject to all of the terms of
the Indenture. All terms used in this Note that are defined in the Indenture
shall have the meanings assigned to them in or pursuant to the Indenture. In the
event of any conflict or inconsistency between the Indenture and this Note, the
Indenture shall control.

      One or more Tranches of the AdvantaSeries Class A (200[_]-[_]) Notes, the
AdvantaSeries Class C (200[_]-[_]) Notes and the AdvantaSeries Class D
(200[_]-[_]) Notes will also be issued under the Indenture. One or more Tranches
of the AdvantaSeries Class B (200[_]-[_]) Notes may also be issued under the
Indenture. These other Tranches of AdvantaSeries Notes may be issued at the same
time as or at different times than the Closing Date of the AdvantaSeries Class B
(200[_]-[_]) Notes.

      The AdvantaSeries Class B (200[_]-[_]) Notes are and will be ratably
secured by the collateral pledged as security therefore as provided in the
Indenture.

      The Noteholder, by its acceptance of this Note, agrees that it will look
solely to the property of the Trust allocated to the payment of this Note for
payment hereunder and that the Indenture Trustee is not liable to the
Noteholders for any amount payable under the Note or the Indenture or, except as
expressly provided in the Indenture, subject to any liability under the
Indenture.

      This Note does not purport to summarize the Indenture and reference is
made to the Indenture for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced thereby, and the rights, duties and
immunities of the Indenture Trustee.

      Principal of the Notes is expected to be paid on the Expected Final
Principal Payment Date in an amount described on the face hereof. The Expected
Final Principal Payment Date is the [_] [_], [_] Payment Date, but principal
with respect to the AdvantaSeries Class B (200[_]-[_]) Notes may be paid earlier
or later under certain circumstances described in the Indenture Supplement and
Indenture. As described above, the entire unpaid principal amount of this Note
shall be due and payable on the Final Maturity Date.

                                Exhibit A-2 - 5
<PAGE>

      Subject to the terms and conditions of the Indenture, the Transferor may,
from time to time, direct the Owner Trustee, on behalf of the Trust, to issue
one or more new Series, Classes or Tranches of Notes.

      On each Payment Date, the Paying Agent shall distribute to each
AdvantaSeries Class B (200[_]-[_]) Noteholder of record on the related Record
Date (except for the final payment in respect of this AdvantaSeries Class B
(200[_]-[_]) Note) such AdvantaSeries Class B (200[_]-[_]) Noteholder's pro rata
share of the amounts held by the Paying Agent that are allocated and available
on such Payment Date to pay interest and principal on the AdvantaSeries Class B
(200[_]-[_]) Notes pursuant to the Indenture Supplement and the Terms Document.
Except as provided in the Indenture with respect to a final payment, payments to
AdvantaSeries Noteholders shall be made by (i) check mailed to each
AdvantaSeries Noteholder (at such Noteholder's address as it appears in the Note
Register), except that with respect to any AdvantaSeries Notes registered in the
name of the nominee of a Clearing Agency, such payment shall be made in
immediately available funds and (ii) without presentation or surrender of any
AdvantaSeries Note or the making of any notation thereon. Final payment of this
AdvantaSeries Class B (200[_]-[_]) Note will be made only upon presentation and
surrender of this AdvantaSeries Class B (200[_]-[_]) Note at the office or
agency specified in the notice of final payment delivered by the Indenture
Trustee to the AdvantaSeries Noteholders in accordance with the Indenture.

      On any day occurring on or after the date on which the aggregate Adjusted
Invested Amount of any Tranche of Notes is reduced to 10% or less of its highest
Outstanding Principal Balance, the Servicer shall have the option to redeem such
Tranche of AdvantaSeries Notes, at a purchase price equal to the Outstanding
Principal Balance of such Tranche, plus interest accrued and unpaid or principal
accreted and unpaid on such Tranche to but excluding the date of redemption.

      THIS ADVANTASERIES CLASS B (200[_]-[_]) NOTE DOES NOT REPRESENT AN
OBLIGATION OF, OR AN INTEREST IN, THE TRANSFEROR, ADVANTA BANK CORP., ADVANTA
CORP., OR ANY AFFILIATE OF ANY OF THEM AND IS NOT INSURED OR GUARANTEED BY THE
FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY OR
INSTRUMENTALITY.

      Each Noteholder, by accepting a Note, hereby covenants and agrees that it
will not at any time institute against the Issuer or the Transferor, or join in
instituting against the Issuer or the Transferor, any bankruptcy,
reorganization, arrangement, insolvency or liquidation proceedings, or other
proceedings under any United States federal or state bankruptcy or similar law.

      Except as otherwise provided in the Indenture Supplement, the
AdvantaSeries Class B (200[_]-[_]) Notes are issuable only in minimum
denominations of $1,000 and integral multiples of $1,000. The transfer of this
AdvantaSeries Class B (200[_]-[_]) Note shall be registered in the Note Register
upon surrender of this AdvantaSeries Class B (200[_]-[_]) Note for registration
of transfer at any office or agency maintained by the Transfer Agent and
Registrar accompanied by a written instrument of transfer, in a form
satisfactory to the Indenture Trustee or the Transfer Agent and Registrar, duly
executed by the AdvantaSeries Class B (200[_]-[_]) Noteholder or such
AdvantaSeries Class B (200[_]-[_]) Noteholder's attorney, and duly authorized in
writing with

                                Exhibit A-2 - 6
<PAGE>

such signature guaranteed, and thereupon one or more new AdvantaSeries Class B
(200[_]-[_]) Notes in any authorized denominations of like aggregate principal
amount will be issued to the designated transferee or transferees.

      As provided in the Indenture and subject to certain limitations therein
set forth, AdvantaSeries Class B (200[_]-[_]) Notes are exchangeable for new
AdvantaSeries Class B (200[_]-[_]) Notes in any authorized denominations and of
like aggregate principal amount, upon surrender of such Notes to be exchanged at
the office or agency of the Transfer Agent and Registrar. No service charge may
be imposed for any such exchange but the Issuer or Transfer Agent and Registrar
may require payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in connection therewith.

      The Issuer, the Transferor, the Indenture Trustee and any agent of the
Issuer, the Transferor or the Indenture Trustee shall treat the person in whose
name this AdvantaSeries Class B (200[_]-[_]) Note is registered as the owner
hereof for all purposes, and neither the Issuer, the Transferor, the Indenture
Trustee nor any agent of the Issuer, the Transferor or the Indenture Trustee
shall be affected by notice to the contrary.

      The Indenture permits, with certain exceptions as therein provided, the
amendment thereof and the modification of the rights and obligations of the
Issuer and the rights of the Holders of the Notes under the Indenture at any
time by the Issuer with the consent of the Holders of Notes representing more
than 50% of the Outstanding Amount of each affected Series. The Indenture also
contains provisions permitting the Holders of Notes representing specified
percentages of the Outstanding Amount of the Notes, and specified percentages of
the Outstanding Principal Balance of the AdvantaSeries Class B (200[_]-[_])
Notes, on behalf of the Holders of all the Notes, or on behalf of all the
AdvantaSeries Class B (200[_]-[_]) Notes, as the case may be, to waive
compliance by the Issuer with certain provisions of the Indenture and certain
past defaults under the Indenture and their consequences. Any such consent or
waiver by the Holder of this Note (or any one of more Predecessor Notes) shall
be conclusive and binding upon such Holder and upon all future Holders of this
Note and of any Note issued upon the registration of transfer hereof or in
exchange hereof or in lieu hereof whether or not notation of such consent or
waiver is made upon this Note. The Indenture also permits the Indenture Trustee
to amend or waive certain terms and conditions set forth in the Indenture
without the consent of Holders of the Notes issued thereunder.

      The term "Issuer" as used in this Note includes any successor to the
Issuer under the Indenture.

      The Issuer is permitted by the Indenture, under certain circumstances, to
merge or consolidate, subject to the rights of the Indenture Trustee and the
Holders of Notes under the Indenture.

      The Notes are issuable only in registered form in denominations as
provided in the Indenture, subject to certain limitations therein set forth.

      THIS ADVANTASERIES CLASS B (200[_]-[_]) NOTE SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT

                                Exhibit A-2 - 7
<PAGE>

REFERENCE TO ITS CONFLICT OF LAWS PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND
REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH
LAWS.

                                Exhibit A-2 - 8
<PAGE>

                                   ASSIGNMENT

Social Security or other identifying number of assignee_________________________

      FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers
unto ______________________________ (name and address of assignee) the within
certificate and all rights thereunder, and hereby irrevocably constitutes and
appoints ____________________, attorney, to transfer said certificate on the
books kept for registration thereof, with full power of substitution in the
premises.

Dated:__________                                ______________________________**
                                                      Signature Guaranteed

____________
**    The signature to this assignment must correspond with the name of the
registered owner as it appears on the face of the within Note in every
particular, without alteration, enlargement or any change whatsoever.

                                Exhibit A-2 - 9
<PAGE>

                                                                     EXHIBIT A-3

      FORM OF ADVANTASERIES CLASS C (200[_]-[_]) ASSET BACKED NOTE

      UNLESS THIS NOTE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE
DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION ("DTC"), TO THE ISSUER OR ITS
AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY NOTE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN
AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO
SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY
TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON
IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST
HEREIN.

      THE HOLDER OF THIS NOTE BY ITS ACCEPTANCE HEREOF COVENANTS AND AGREES THAT
IT WILL NOT AT ANY TIME INSTITUTE AGAINST THE ISSUER OR THE TRANSFEROR, OR JOIN
IN INSTITUTING AGAINST THE ISSUER OR THE TRANSFEROR, ANY BANKRUPTCY,
REORGANIZATION, ARRANGEMENT, INSOLVENCY OR LIQUIDATION PROCEEDINGS, OR OTHER
PROCEEDINGS UNDER ANY UNITED STATES FEDERAL OR STATE BANKRUPTCY OR SIMILAR LAW.

      THE HOLDER OF THIS ADVANTASERIES CLASS C (200[_]-[_]) NOTE, BY ACCEPTANCE
OF THIS NOTE, AND EACH HOLDER OF A BENEFICIAL INTEREST THEREIN, AGREE TO TREAT
THE ADVANTASERIES CLASS C (200[_]-[_]) NOTES AS INDEBTEDNESS FOR APPLICABLE
FEDERAL, STATE, AND LOCAL INCOME AND FRANCHISE TAX LAW AND FOR PURPOSES OF ANY
OTHER TAX IMPOSED ON, OR MEASURED BY, INCOME.

                                Exhibit A-3 - 1
<PAGE>

INITIAL PRINCIPAL BALANCE REGISTERED                                 up to $[_]*
No. C-[_]                                                          CUSIP NO. [_]

                       ADVANTA BUSINESS CARD MASTER TRUST

              ADVANTASERIES CLASS C (200[_]-[_]) ASSET BACKED NOTE

      Wilmington Trust Company, as Owner Trustee of Advanta Business Card Master
Trust (herein referred to as the "Issuer" or the "Trust"), a Delaware common law
trust governed by a Trust Agreement dated as of August 1, 2000, for value
received, hereby promises to pay to [_], or registered assigns, subject to the
following provisions, the principal sum of [_] DOLLARS, or such greater or
lesser amount as determined in accordance with the Indenture, on the [_] [_],
[_] Payment Date (the "Expected Final Principal Payment Date"), except as
otherwise provided below or in the Indenture, provided, however, that the entire
unpaid principal amount of this Note shall be due and payable on the [_] [_],
[_] Payment Date (the "Final Maturity Date"). The Issuer will pay interest on
the unpaid principal amount of this Note at the Class C (200[_]-[_]) Note
Interest Rate on each Interest Payment Date until the principal amount of this
Note is paid in full. Interest on this Note will accrue for each Interest
Payment Date from and including the most recent Interest Payment Date on which
interest has been paid to but excluding such Interest Payment Date or, for the
first Interest Payment Date, from and including the Closing Date to but
excluding such Interest Payment Date. Interest will be computed on the basis of
a 360-day year and the actual number of days elapsed. Principal of and interest
on this Note shall be paid in the manner specified on the reverse hereof.

      The principal of and interest on this Note are payable in such coin or
currency of the United States of America as at the time of payment is legal
tender for payment of public and private debts.

      Reference is made to the further provisions of this Note set forth on the
reverse hereof, which shall have the same effect as though fully set forth on
the face of this Note.

      Unless the certificate of authentication hereon has been executed by or on
behalf of the Indenture Trustee, by manual signature, this Note shall not be
entitled to any benefit under the Indenture or the Indenture Supplement referred
to on the reverse hereof, or be valid for any purpose.

      THIS CLASS C NOTE IS SUBORDINATED TO THE EXTENT NECESSARY TO FUND PAYMENTS
ON THE CLASS A AND THE CLASS B NOTES TO THE EXTENT SPECIFIED IN THE INDENTURE
SUPPLEMENT.

____________
*     Denominations of $1,000 and integral multiples of $1,000 in excess
      thereof.

                                Exhibit A-3 - 2
<PAGE>

      IN WITNESS WHEREOF, the Issuer has caused this AdvantaSeries Class C
(200[_]-[_]) Note to be duly executed.

                                    WILMINGTON TRUST COMPANY,
                                     as Owner Trustee of
                                    ADVANTA BUSINESS CARD MASTER TRUST

                                    By:______________________________________
                                    Name:
                                    Title:

Dated:

                                Exhibit A-3 - 3
<PAGE>

               INDENTURE TRUSTEE'S CERTIFICATE OF AUTHENTICATION

This is one of the AdvantaSeries Class C (200[_]-[_]) Notes described in the
within-mentioned Indenture.

                                    DEUTSCHE BANK TRUST COMPANY AMERICAS,
                                    not in its individual capacity,
                                    but solely as Indenture Trustee

                                    By:____________________________________
                                                Authorized Signatory

Dated:

                                Exhibit A-3 - 4
<PAGE>

                       ADVANTA BUSINESS CARD MASTER TRUST

              ADVANTASERIES CLASS C (200[_]-[_])ASSET BACKED NOTE

                        Summary of Terms and Conditions

      This AdvantaSeries Class C (200[_]-[_]) Note is one of a duly authorized
issue of Notes of the Issuer, designated as Advanta Business Card Master Trust,
AdvantaSeries (the "ADVANTASERIES NOTES"), issued under a Master Indenture dated
as of August 1, 2000 (the "MASTER INDENTURE"), between the Issuer and Deutsche
Bank Trust Company Americas (formerly known as Bankers Trust Company), as
indenture trustee (the "INDENTURE TRUSTEE"), as supplemented by the
AdvantaSeries Indenture Supplement dated as of [_] [_], [_] (the "INDENTURE
SUPPLEMENT"), as supplemented by the Class C (200[_]-[_]) Terms Document (the
"Terms Document") dated as of [_] [_], [_], between the Issuer and the Indenture
Trustee, and representing the right to receive certain payments from the Issuer.
The term "Indenture," unless the context otherwise requires, refers to the
Master Indenture as supplemented by the Indenture Supplement and as further
supplemented by the Terms Document. The Notes are subject to all of the terms of
the Indenture. All terms used in this Note that are defined in the Indenture
shall have the meanings assigned to them in or pursuant to the Indenture. In the
event of any conflict or inconsistency between the Indenture and this Note, the
Indenture shall control.

      One or more Tranches of the AdvantaSeries Class A (200[_]-[_]) Notes, the
AdvantaSeries Class B (200[_]-[_]) Notes and the AdvantaSeries Class D
(200[_]-[_]) Notes will also be issued under the Indenture. One or more Tranches
of the AdvantaSeries Class C (200[_]-[_]) Notes may also be issued under the
Indenture. These other Tranches of AdvantaSeries Notes may be issued at the same
time as or at different times than the Closing Date of the AdvantaSeries Class C
(200[_]-[_]) Notes.

      The AdvantaSeries Class C (200[_]-[_]) Notes are and will be ratably
secured by the collateral pledged as security therefore as provided in the
Indenture.

      The Noteholder, by its acceptance of this Note, agrees that it will look
solely to the property of the Trust allocated to the payment of this Note for
payment hereunder and that the Indenture Trustee is not liable to the
Noteholders for any amount payable under the Note or the Indenture or, except as
expressly provided in the Indenture, subject to any liability under the
Indenture.

      This Note does not purport to summarize the Indenture and reference is
made to the Indenture for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced thereby, and the rights, duties and
immunities of the Indenture Trustee.

      Principal of the Notes is expected to be paid on the Expected Final
Principal Payment Date in an amount described on the face hereof. The Expected
Final Principal Payment Date is the [_] [_], [_] Payment Date, but principal
with respect to the AdvantaSeries Class C (200[_]-[_]) Notes may be paid earlier
or later under certain circumstances described in the Indenture Supplement and
Indenture. As described above, the entire unpaid principal amount of this Note
shall be due and payable on the Final Maturity Date.

                                Exhibit A-3 - 5
<PAGE>

      Subject to the terms and conditions of the Indenture, the Transferor may,
from time to time, direct the Owner Trustee, on behalf of the Trust, to issue
one or more new Series, Classes or Tranches of Notes.

      On each Payment Date, the Paying Agent shall distribute to each
AdvantaSeries Class C (200[_]-[_]) Noteholder of record on the related Record
Date (except for the final payment in respect of this AdvantaSeries Class C
(200[_]-[_]) Note) such AdvantaSeries Class C (200[_]-[_]) Noteholder's pro rata
share of the amounts held by the Paying Agent that are allocated and available
on such Payment Date to pay interest and principal on the AdvantaSeries Class C
(200[_]-[_]) Notes pursuant to the Indenture Supplement and the Terms Document.
Except as provided in the Indenture with respect to a final payment, payments to
AdvantaSeries Noteholders shall be made by (i) check mailed to each
AdvantaSeries Noteholder (at such Noteholder's address as it appears in the Note
Register), except that with respect to any AdvantaSeries Notes registered in the
name of the nominee of a Clearing Agency, such payment shall be made in
immediately available funds and (ii) without presentation or surrender of any
AdvantaSeries Note or the making of any notation thereon. Final payment of this
AdvantaSeries Class C (200[_]-[_]) Note will be made only upon presentation and
surrender of this AdvantaSeries Class C (200[_]-[_]) Note at the office or
agency specified in the notice of final payment delivered by the Indenture
Trustee to the AdvantaSeries Noteholders in accordance with the Indenture.

      On any day occurring on or after the date on which the aggregate Adjusted
Invested Amount of any Tranche of Notes is reduced to 10% or less of its highest
Outstanding Principal Balance, the Servicer shall have the option to redeem such
Tranche of AdvantaSeries Notes, at a purchase price equal to the Outstanding
Principal Balance of such Tranche, plus interest accrued and unpaid or principal
accreted and unpaid on such Tranche to but excluding the date of redemption.

      THIS ADVANTASERIES CLASS C (200[_]-[_]) NOTE DOES NOT REPRESENT AN
OBLIGATION OF, OR AN INTEREST IN, THE TRANSFEROR, ADVANTA BANK CORP., ADVANTA
CORP., OR ANY AFFILIATE OF ANY OF THEM AND IS NOT INSURED OR GUARANTEED BY THE
FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY OR
INSTRUMENTALITY.

      Each Noteholder, by accepting a Note, hereby covenants and agrees that it
will not at any time institute against the Issuer or the Transferor, or join in
instituting against the Issuer or the Transferor, any bankruptcy,
reorganization, arrangement, insolvency or liquidation proceedings, or other
proceedings under any United States federal or state bankruptcy or similar law.

      Except as otherwise provided in the Indenture Supplement, the
AdvantaSeries Class C (200[_]-[_]) Notes are issuable only in minimum
denominations of $1,000 and integral multiples of $1,000. The transfer of this
AdvantaSeries Class C (200[_]-[_]) Note shall be registered in the Note Register
upon surrender of this AdvantaSeries Class C (200[_]-[_]) Note for registration
of transfer at any office or agency maintained by the Transfer Agent and
Registrar accompanied by a written instrument of transfer, in a form
satisfactory to the Indenture Trustee or the Transfer Agent and Registrar, duly
executed by the AdvantaSeries Class C (200[_]-[_]) Noteholder or such
AdvantaSeries Class C (200[_]-[_]) Noteholder's attorney, and duly authorized in
writing with

                                Exhibit A-3 - 6
<PAGE>

such signature guaranteed, and thereupon one or more new AdvantaSeries Class C
(200[_]-[_]) Notes in any authorized denominations of like aggregate principal
amount will be issued to the designated transferee or transferees.

      As provided in the Indenture and subject to certain limitations therein
set forth, AdvantaSeries Class C (200[_]-[_]) Notes are exchangeable for new
AdvantaSeries Class C (200[_]-[_]) Notes in any authorized denominations and of
like aggregate principal amount, upon surrender of such Notes to be exchanged at
the office or agency of the Transfer Agent and Registrar. No service charge may
be imposed for any such exchange but the Issuer or Transfer Agent and Registrar
may require payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in connection therewith.

      The Issuer, the Transferor, the Indenture Trustee and any agent of the
Issuer, the Transferor or the Indenture Trustee shall treat the person in whose
name this AdvantaSeries Class C (200[_]-[_]) Note is registered as the owner
hereof for all purposes, and neither the Issuer, the Transferor, the Indenture
Trustee nor any agent of the Issuer, the Transferor or the Indenture Trustee
shall be affected by notice to the contrary.

      The Indenture permits, with certain exceptions as therein provided, the
amendment thereof and the modification of the rights and obligations of the
Issuer and the rights of the Holders of the Notes under the Indenture at any
time by the Issuer with the consent of the Holders of Notes representing more
than 50% of the Outstanding Amount of each affected Series. The Indenture also
contains provisions permitting the Holders of Notes representing specified
percentages of the Outstanding Amount of the Notes, and specified percentages of
the Outstanding Principal Balance of the AdvantaSeries Class C (200[_]-[_])
Notes, on behalf of the Holders of all the Notes, or on behalf of all the
AdvantaSeries Class C (200[_]-[_]) Notes, as the case may be, to waive
compliance by the Issuer with certain provisions of the Indenture and certain
past defaults under the Indenture and their consequences. Any such consent or
waiver by the Holder of this Note (or any one of more Predecessor Notes) shall
be conclusive and binding upon such Holder and upon all future Holders of this
Note and of any Note issued upon the registration of transfer hereof or in
exchange hereof or in lieu hereof whether or not notation of such consent or
waiver is made upon this Note. The Indenture also permits the Indenture Trustee
to amend or waive certain terms and conditions set forth in the Indenture
without the consent of Holders of the Notes issued thereunder.

      The term "Issuer" as used in this Note includes any successor to the
Issuer under the Indenture.

      The Issuer is permitted by the Indenture, under certain circumstances, to
merge or consolidate, subject to the rights of the Indenture Trustee and the
Holders of Notes under the Indenture.

      The Notes are issuable only in registered form in denominations as
provided in the Indenture, subject to certain limitations therein set forth.

      THIS ADVANTASERIES CLASS C (200[_]-[_]) NOTE SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT

                                Exhibit A-3 - 7
<PAGE>

REFERENCE TO ITS CONFLICT OF LAWS PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND
REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH
LAWS.

                                Exhibit A-3 - 8
<PAGE>

                                   ASSIGNMENT

Social Security or other identifying number of assignee_________________________

      FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers
unto ______________________________ (name and address of assignee) the within
certificate and all rights thereunder, and hereby irrevocably constitutes and
appoints ____________________, attorney, to transfer said certificate on the
books kept for registration thereof, with full power of substitution in the
premises.

Dated:__________                                ______________________________**
                                                      Signature Guaranteed

____________
**    The signature to this assignment must correspond with the name of the
registered owner as it appears on the face of the within Note in every
particular, without alteration, enlargement or any change whatsoever.

                                Exhibit A-3 - 9
<PAGE>

                                                                     EXHIBIT A-4

          FORM OF ADVANTASERIES CLASS D (200[_]-[_]) ASSET BACKED NOTE

      THE HOLDER OF THIS NOTE BY ITS ACCEPTANCE HEREOF COVENANTS AND AGREES THAT
IT WILL NOT AT ANY TIME INSTITUTE AGAINST THE ISSUER OR THE TRANSFEROR, OR JOIN
IN INSTITUTING AGAINST THE ISSUER OR THE TRANSFEROR, ANY BANKRUPTCY,
REORGANIZATION, ARRANGEMENT, INSOLVENCY OR LIQUIDATION PROCEEDINGS, OR OTHER
PROCEEDINGS UNDER ANY UNITED STATES FEDERAL OR STATE BANKRUPTCY OR SIMILAR LAW.

      THE HOLDER OF THIS ADVANTASERIES CLASS D (200[_]-[_]) NOTE, BY ACCEPTANCE
OF THIS NOTE, AND EACH HOLDER OF A BENEFICIAL INTEREST THEREIN, AGREE TO TREAT
THE ADVANTASERIES CLASS D (200[_]-[_]) NOTES AS INDEBTEDNESS FOR APPLICABLE
FEDERAL, STATE, AND LOCAL INCOME AND FRANCHISE TAX LAW AND FOR PURPOSES OF ANY
OTHER TAX IMPOSED ON, OR MEASURED BY, INCOME.

      THIS NOTE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES
SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY STATE
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS NOTE, AGREES THAT THIS
NOTE, OR ANY INTEREST OR PARTICIPATION HEREIN, MAY BE REOFFERED, RESOLD, PLEDGED
OR OTHERWISE TRANSFERRED ONLY IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER
APPLICABLE LAWS AND ONLY (1) TO THE ISSUER OR ITS AFFILIATES OR (2) PURSUANT TO
RULE 144A UNDER THE SECURITIES ACT TO A PERSON THAT THE HOLDER REASONABLY
BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A
UNDER THE SECURITIES ACT (A "QIB") PURCHASING FOR ITS OWN ACCOUNT OR A QIB
PURCHASING FOR THE ACCOUNT OF A QIB, WHOM THE HOLDER HAS INFORMED, IN EACH CASE,
THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON
RULE 144A UNDER THE SECURITIES ACT. THIS SECURITY WILL NOT BE ACCEPTED FOR
REGISTRATION OF TRANSFER EXCEPT UPON PRESENTATION OF EVIDENCE SATISFACTORY TO
THE TRANSFER AGENT AND REGISTRAR THAT THE RESTRICTIONS ON TRANSFER SET FORTH IN
THE MASTER INDENTURE AND THE INDENTURE SUPPLEMENT HAVE BEEN COMPLIED WITH. THIS
NOTE MAY NOT BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHOUT THE
PRIOR WRITTEN CONSENT OF THE TRANSFEROR AND UNLESS AND UNTIL THE INDENTURE
TRUSTEE, THE TRANSFEROR AND THE SERVICER SHALL HAVE RECEIVED THE CERTIFICATIONS
REQUIRED BY THE MASTER INDENTURE AND THE INDENTURE SUPPLEMENT.

      THE ADVANTASERIES CLASS D (200[_]-[_]) NOTES ARE ALSO SUBJECT TO
RESTRICTIONS ON THE PURCHASE, OWNERSHIP AND DISPOSITION OF SUCH SECURITIES,
INCLUDING THE CONSENT OF THE TRANSFEROR AND THE DELIVERY OF AN INVESTMENT
LETTER. SUCH RESTRICTIONS ARE SET FORTH IN

                                Exhibit A-4 - 1
<PAGE>

THE MASTER INDENTURE AND THE INDENTURE SUPPLEMENT, COPIES OF WHICH ARE AVAILABLE
FROM THE INDENTURE TRUSTEE.

      THIS ADVANTASERIES CLASS D (200[_]-[_]) NOTE MAY NOT BE SOLD OR
TRANSFERRED TO ANY PLAN THAT IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA") OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), TO ANY PERSON ACTING ON BEHALF OF
OR WITH "PLAN ASSETS" OF ANY SUCH PLAN, OR TO ANY OTHER "BENEFIT PLAN INVESTOR"
(AS DEFINED IN UNITED STATES DEPARTMENT OF LABOR REGULATION SECTION
2510.3-101(f)(2)), INCLUDING AN INSURANCE COMPANY GENERAL ACCOUNT, EXCEPT IN
ACCORDANCE WITH THE RESTRICTIONS SET FORTH IN THE INDENTURE SUPPLEMENT.

      THIS ADVANTASERIES CLASS D (200[_]-[_]) NOTE MAY NOT BE ACQUIRED, SOLD,
TRADED OR TRANSFERRED, NOR MAY AN INTEREST IN THIS ADVANTASERIES CLASS D
(200[_]-[_]) NOTE BE MARKETED, ON OR THROUGH (I) AN "ESTABLISHED SECURITIES
MARKET" WITHIN THE MEANING OF SECTION 7704(b)(1) OF THE CODE AND ANY TREASURY
REGULATION THEREUNDER, INCLUDING, WITHOUT LIMITATION, AN OVER THE-COUNTER-MARKET
OR AN INTERDEALER QUOTATION SYSTEM THAT REGULARLY DISSEMINATES FIRM BUY OR SELL
QUOTATIONS OR (II) A "SECONDARY MARKET (OR THE SUBSTANTIAL EQUIVALENT THEREOF)"
WITHIN THE MEANING OF SECTION 7704(b)(2) OF THE CODE AND ANY TREASURY REGULATION
THEREUNDER, INCLUDING A MARKET WHEREIN INTERESTS IN THE ADVANTASERIES CLASS D
(200[_]-[_]) NOTES ARE REGULARLY QUOTED BY ANY PERSON MAKING A MARKET IN SUCH
INTERESTS AND A MARKET WHEREIN ANY PERSON REGULARLY MAKES AVAILABLE BID OR OFFER
QUOTES WITH RESPECT TO INTERESTS IN THE ADVANTASERIES CLASS D (200[_]-[_]) NOTES
AND STANDS READY TO EFFECT BUY OR SELL TRANSACTIONS AT THE QUOTED PRICES FOR
ITSELF OR ON BEHALF OF OTHERS.

      BEFORE PURCHASING THIS NOTE, PURCHASERS SHOULD CONSULT COUNSEL WITH
RESPECT TO THE AVAILABILITY AND CONDITIONS OF EXEMPTION FROM THE RESTRICTION ON
RESALE OR TRANSFER. NEITHER THE ISSUER NOR THE SELLER OF THIS NOTE HAS AGREED TO
REGISTER THIS NOTE UNDER THE SECURITIES ACT, TO QUALIFY THIS NOTE UNDER THE
SECURITIES LAWS OF ANY STATE OR JURISDICTION OR TO PROVIDE REGISTRATION RIGHTS
TO ANY PURCHASER.

      AS SET FORTH HEREIN, THE OUTSTANDING PRINCIPAL BALANCE OF THIS NOTE AT ANY
TIME MAY BE LESS THAN THE AMOUNT SHOWN ON THE FACE HEREOF.

                                Exhibit A-4 - 2
<PAGE>

INITIAL PRINCIPAL BALANCE REGISTERED                                 up to $[_]*
No. D-[_]

                       ADVANTA BUSINESS CARD MASTER TRUST

              ADVANTASERIES CLASS D (200[_]-[_]) ASSET BACKED NOTE

      Wilmington Trust Company, as Owner Trustee of Advanta Business Card Master
Trust (herein referred to as the "Issuer" or the "Trust"), a Delaware common law
trust governed by a Trust Agreement dated as of August 1, 2000, for value
received, hereby promises to pay to [_], or registered assigns, subject to the
following provisions, the principal sum of [_] DOLLARS, or such greater or
lesser amount as determined in accordance with the Indenture, on the [_] [_],
[_] Payment Date (the "Expected Final Principal Payment Date"), except as
otherwise provided below or in the Indenture, provided, however, that the entire
unpaid principal amount of this Note shall be due and payable on the [_] [_],
[_] Payment Date (the "Final Maturity Date"). The Issuer will pay interest on
the unpaid principal amount of this Note at the Class D (200[_]-[_]) Note
Interest Rate on each Interest Payment Date until the principal amount of this
Note is paid in full Interest on this Note will accrue for each Interest Payment
Date from and including the most recent Interest Payment Date on which interest
has been paid to but excluding such Interest Payment Date or, for the first
Interest Payment Date, from and including the Closing Date to but excluding such
Interest Payment Date. Interest will be computed on the basis of a 360-day year
and the actual number of days elapsed. Principal of and interest on this Note
shall be paid in the manner specified on the reverse hereof.

      The principal of and interest on this Note are payable in such coin or
currency of the United States of America as at the time of payment is legal
tender for payment of public and private debts.

      Reference is made to the further provisions of this Note set forth on the
reverse hereof, which shall have the same effect as though fully set forth on
the face of this Note.

      Unless the certificate of authentication hereon has been executed by or on
behalf of the Indenture Trustee, by manual signature, this Note shall not be
entitled to any benefit under the Indenture or the Indenture Supplement referred
to on the reverse hereof, or be valid for any purpose.

      THIS ADVANTASERIES CLASS D (200[_]-[_]) NOTE IS SUBORDINATED TO THE EXTENT
NECESSARY TO FUND PAYMENTS ON THE ADVANTASERIES CLASS A (200[_]-[_]),
ADVANTASERIES CLASS B (200[_]-[_]) AND ADVANTASERIES CLASS C (200[_]-[_]) NOTES
TO THE EXTENT SPECIFIED IN THE INDENTURE SUPPLEMENT.

____________
*     Denominations of $500,000 and integral multiples of $500,000 in excess
      thereof.

                                Exhibit A-4 - 3
<PAGE>

      IN WITNESS WHEREOF, the Issuer has caused this AdvantaSeries Class D
(200[_]-[_]) Note to be duly executed.

                                    WILMINGTON TRUST COMPANY,
                                     as Owner Trustee of
                                    ADVANTA BUSINESS CARD MASTER TRUST

                                    By:______________________________________
                                    Name:
                                    Title:

Dated:

                                Exhibit A-4 - 4
<PAGE>

               INDENTURE TRUSTEE'S CERTIFICATE OF AUTHENTICATION

This is one of the AdvantaSeries Class D (200[_]-[_]) Notes described in the
within-mentioned Indenture.

                                    DEUTSCHE BANK TRUST COMPANY AMERICAS,
                                    not in its individual capacity,
                                    but solely as Indenture Trustee

                                    By:____________________________________
                                                Authorized Signatory

Dated:

                                Exhibit A-4 - 5
<PAGE>

                       ADVANTA BUSINESS CARD MASTER TRUST

              ADVANTASERIES CLASS D (200[_]-[_]) ASSET BACKED NOTE

                         Summary of Terms and Conditions

      This AdvantaSeries Class D (200[_]-[_]) Note is one of a duly authorized
issue of Notes of the Issuer, designated as Advanta Business Card Master Trust,
AdvantaSeries (the "ADVANTASERIES NOTES"), issued under a Master Indenture dated
as of August 1, 2000 (the "MASTER INDENTURE"), between the Issuer and Deutsche
Bank Trust Company Americas (formerly known as Bankers Trust Company), as
indenture trustee (the "INDENTURE TRUSTEE"), as supplemented by the
AdvantaSeries Indenture Supplement dated as of [_] [_], [_] (the "INDENTURE
SUPPLEMENT"), as supplemented by the Class D (200[_]-[_]) Terms Document (the
"Terms Document") dated as of [_] [_], [_], between the Issuer and the Indenture
Trustee, and representing the right to receive certain payments from the Issuer.
The term "Indenture," unless the context otherwise requires, refers to the
Master Indenture as supplemented by the Indenture Supplement and as further
supplemented by the Terms Document. The Notes are subject to all of the terms of
the Indenture. All terms used in this Note that are defined in the Indenture
shall have the meanings assigned to them in or pursuant to the Indenture. In the
event of any conflict or inconsistency between the Indenture and this Note, the
Indenture shall control.

      One or more Tranches of the AdvantaSeries Class A (200[_]-[_]) Notes, the
AdvantaSeries Class B (200[_]-[_]) Notes and the AdvantaSeries Class C
(200[_]-[_]) Notes will also be issued under the Indenture. One or more Tranches
of the AdvantaSeries Class D (200[_]-[_]) Notes may also be issued under the
Indenture. These other Tranches of AdvantaSeries Notes may be issued at the same
time as or at different times than the Closing Date of the AdvantaSeries Class D
(200[_]-[_]) Notes.

      The AdvantaSeries Class D (200[_]-[_]) Notes are and will be ratably
secured by the collateral pledged as security therefore as provided in the
Indenture.

      The Noteholder, by its acceptance of this Note, agrees that it will look
solely to the property of the Trust allocated to the payment of this Note for
payment hereunder and that the Indenture Trustee is not liable to the
Noteholders for any amount payable under the Note or the Indenture or, except as
expressly provided in the Indenture, subject to any liability under the
Indenture.

      This Note does not purport to summarize the Indenture and reference is
made to the Indenture for the interests, rights and limitations of rights,
benefits, obligations and duties evidenced thereby, and the rights, duties and
immunities of the Indenture Trustee.

      Principal of the Notes is expected to be paid on the Expected Final
Principal Payment Date in an amount described on the face hereof. The Expected
Final Principal Payment Date is the [_] [_], [_] Payment Date, but principal
with respect to the AdvantaSeries Class D (200[_]-[_]) Notes may be paid earlier
or later under certain circumstances described in the Indenture Supplement and
Indenture. As described above, the entire unpaid principal amount of this Note
shall be due and payable on the Final Maturity Date.

                                Exhibit A-4 - 6
<PAGE>

      Subject to the terms and conditions of the Indenture, the Transferor may,
from time to time, direct the Owner Trustee, on behalf of the Trust, to issue
one or more new Series, Classes or Tranches of Notes.

      On each Payment Date, the Paying Agent shall distribute to each
AdvantaSeries Class D (200[_]-[_]) Noteholder of record on the related Record
Date (except for the final payment in respect of this AdvantaSeries Class D
(200[_]-[_]) Note) such AdvantaSeries Class D (200[_]-[_]) Noteholder's pro rata
share of the amounts held by the Paying Agent that are allocated and available
on such Payment Date to pay interest and principal on the AdvantaSeries Class D
(200[_]-[_]) Notes pursuant to the Indenture Supplement and the Terms Document.
Except as provided in the Indenture with respect to a final payment, payments to
AdvantaSeries Noteholders shall be made by (i) check mailed to each
AdvantaSeries Noteholder (at such Noteholder's address as it appears in the Note
Register), except that with respect to any AdvantaSeries Notes registered in the
name of the nominee of a Clearing Agency, such payment shall be made in
immediately available funds and (ii) without presentation or surrender of any
AdvantaSeries Note or the making of any notation thereon. Final payment of this
AdvantaSeries Class D (200[_]-[_]) Note will be made only upon presentation and
surrender of this AdvantaSeries Class D (200[_]-[_]) Note at the office or
agency specified in the notice of final payment delivered by the Indenture
Trustee to the AdvantaSeries Noteholders in accordance with the Indenture.

      On any day occurring on or after the date on which the aggregate Adjusted
Invested Amount of any Tranche of Notes is reduced to 10% or less of its highest
Outstanding Principal Balance, the Servicer shall have the option to redeem such
Tranche of AdvantaSeries Notes, at a purchase price equal to the Outstanding
Principal Balance of such Tranche, plus interest accrued and unpaid or principal
accreted and unpaid on such Tranche to but excluding the date of redemption.

      THIS ADVANTASERIES CLASS D (200[_]-[_]) NOTE DOES NOT REPRESENT AN
OBLIGATION OF, OR AN INTEREST IN, THE TRANSFEROR, ADVANTA BANK CORP., ADVANTA
CORP., OR ANY AFFILIATE OF ANY OF THEM AND IS NOT INSURED OR GUARANTEED BY THE
FEDERAL DEPOSIT INSURANCE CORPORATION OR ANY OTHER GOVERNMENTAL AGENCY OR
INSTRUMENTALITY.

      Each Noteholder, by accepting a Note, hereby covenants and agrees that it
will not at any time institute against the Issuer or the Transferor, or join in
instituting against the Issuer or the Transferor, any bankruptcy,
reorganization, arrangement, insolvency or liquidation proceedings, or other
proceedings under any United States federal or state bankruptcy or similar law.

      Except as otherwise provided in the Indenture Supplement, the
AdvantaSeries Class D (200[_]-[_]) Notes are issuable only in minimum
denominations of $1,000 and integral multiples of $1,000. The transfer of this
AdvantaSeries Class D (200[_]-[_]) Note shall be registered in the Note Register
upon surrender of this AdvantaSeries Class D (200[_]-[_]) Note for registration
of transfer at any office or agency maintained by the Transfer Agent and
Registrar accompanied by a written instrument of transfer, in a form
satisfactory to the Indenture Trustee or the Transfer Agent and Registrar, duly
executed by the AdvantaSeries Class D (200[_]-[_]) Noteholder or such
AdvantaSeries Class D (200[_]-[_]) Noteholder's attorney, and duly authorized in
writing

                                Exhibit A-4 - 7
<PAGE>

with such signature guaranteed, and thereupon one or more new AdvantaSeries
Class D (200[_]-[_]) Notes in any authorized denominations of like aggregate
principal amount will be issued to the designated transferee or transferees.

      As provided in the Indenture and subject to certain limitations therein
set forth, AdvantaSeries Class D (200[_]-[_]) Notes are exchangeable for new
AdvantaSeries Class D (200[_]-[_]) Notes in any authorized denominations and of
like aggregate principal amount, upon surrender of such Notes to be exchanged at
the office or agency of the Transfer Agent and Registrar. No service charge may
be imposed for any such exchange but the Issuer or Transfer Agent and Registrar
may require payment of a sum sufficient to cover any tax or other governmental
charge that may be imposed in connection therewith.

      The Issuer, the Transferor, the Indenture Trustee and any agent of the
Issuer, the Transferor or the Indenture Trustee shall treat the person in whose
name this AdvantaSeries Class D (200[_]-[_]) Note is registered as the owner
hereof for all purposes, and neither the Issuer, the Transferor, the Indenture
Trustee nor any agent of the Issuer, the Transferor or the Indenture Trustee
shall be affected by notice to the contrary.

      The Indenture permits, with certain exceptions as therein provided, the
amendment thereof and the modification of the rights and obligations of the
Issuer and the rights of the Holders of the Notes under the Indenture at any
time by the Issuer with the consent of the Holders of Notes representing more
than 50% of the Outstanding Amount of each affected Series. The Indenture also
contains provisions permitting the Holders of Notes representing specified
percentages of the Outstanding Amount of the Notes, and specified percentages of
the Outstanding Principal Balance of the AdvantaSeries Class D (200[_]-[_])
Notes, on behalf of the Holders of all the Notes, or on behalf of all the
AdvantaSeries Class D (200[_]-[_]) Notes, as the case may be, to waive
compliance by the Issuer with certain provisions of the Indenture and certain
past defaults under the Indenture and their consequences. Any such consent or
waiver by the Holder of this Note (or any one of more Predecessor Notes) shall
be conclusive and binding upon such Holder and upon all future Holders of this
Note and of any Note issued upon the registration of transfer hereof or in
exchange hereof or in lieu hereof whether or not notation of such consent or
waiver is made upon this Note. The Indenture also permits the Indenture Trustee
to amend or waive certain terms and conditions set forth in the Indenture
without the consent of Holders of the Notes issued thereunder.

      The term "Issuer" as used in this Note includes any successor to the
Issuer under the Indenture.

      The Issuer is permitted by the Indenture, under certain circumstances, to
merge or consolidate, subject to the rights of the Indenture Trustee and the
Holders of Notes under the Indenture.

      The Notes are issuable only in registered form in denominations as
provided in the Indenture, subject to certain limitations therein set forth.

      THIS ADVANTASERIES CLASS D (200[_]-[_]) NOTE SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT

                                Exhibit A-4 - 8
<PAGE>

REFERENCE TO ITS CONFLICT OF LAWS PROVISIONS, AND THE OBLIGATIONS, RIGHTS AND
REMEDIES OF THE PARTIES HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH
LAWS.

                                Exhibit A-4 - 9
<PAGE>

                                   ASSIGNMENT

Social Security or other identifying number of assignee_________________________

      FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers
unto ______________________________ (name and address of assignee) the within
certificate and all rights thereunder, and hereby irrevocably constitutes and
appoints ____________________, attorney, to transfer said certificate on the
books kept for registration thereof, with full power of substitution in the
premises.

Dated:__________                                ______________________________**
                                                      Signature Guaranteed

____________
**    The signature to this assignment must correspond with the name of the
registered owner as it appears on the face of the within Note in every
particular, without alteration, enlargement or any change whatsoever.

                                Exhibit A-4 - 10
<PAGE>

                                                                       EXHIBIT B

 FORM OF MONTHLY PAYMENT INSTRUCTIONS AND NOTIFICATION TO THE INDENTURE TRUSTEE
                               ADVANTA BANK CORP.
                       ADVANTA BUSINESS RECEIVABLES CORP.
                ADVANTA BUSINESS CARD MASTER TRUST ADVANTASERIES
                         MONTHLY PERIOD ENDING [ MONTH ]

Capitalized terms used in this notice have their respective meanings set forth
in the Master Indenture and the Transfer and Servicing Agreement. References to
certain sections and subsections are references to the respective sections and
subsections of the Master Indenture as supplemented by the AdvantaSeries
Indenture Supplement. This notice is delivered pursuant to Section 4.04 of the
Indenture Supplement.

      A) Advanta Bank Corp. is the Servicer under the Master Indenture.

      B) The undersigned is an Authorized Officer.

      C) The date of this notice is on or before the second Business Day
         preceding the related Payment Date.

I. INSTRUCTION TO MAKE A WITHDRAWAL

Pursuant to Section 4.05 of the Indenture Supplement, the Servicer does hereby
instruct the Indenture Trustee to apply Available Finance Charge Collections and
Available Principal Collections for such payment date in a manner set forth
below:

<TABLE>
<CAPTION>
                               CUSIP        Total Amount      Amount to be
                               Number        to be Paid      Paid per $1000
                              ---------     ------------     --------------
<S>                           <C>           <C>              <C>
1. Class A (*-*) Interest     _________     $___________     ______________
   Class A (*-*) Interest     _________     $___________     ______________

2. Class B (*-*) Interest     _________     $___________     ______________
   Class B (*-*) Interest     _________     $___________     ______________
</TABLE>

3. Monthly Servicing Fee, plus the amount of any Monthly Servicing Fee
   previously due but not distributed to the Servicer on a prior Payment Date
   $__________

<TABLE>
<S>                           <C>           <C>              <C>
4. Class C (*-*) Interest     _________     $___________     ______________
   Class C (*-*) Interest     _________     $___________     ______________

5. Class D (*-*) Interest     _________     $___________     ______________
   Class D (*-*) Interest     _________     $___________     ______________
</TABLE>

<TABLE>
<S>                                                                                                     <C>
6.  Investor Default Amount for the related Monthly Period to be treated as
    Available Principal Collections.............................................................        $_____________

7.  Investor Charge-Offs which have not been previously reimbursed to be treated
    as Available Principal Collections..........................................................        $_____________

8.  To be deposited into the Accumulation Reserve Account

9.  To deposit into the Excess Spread Account...................................................        $_____________

10. To be treated as Excess Finance Charge Collections..........................................        $_____________

11. Other amounts to be deposited in accordance with the Terms Document.........................        $_____________

12. Remaining amounts paid to the holders of Trust Beneficial Interests or Certificates.........        $_____________

Pursuant to section 4.11

On each Payment Date with respect to the Revolving Period, the amount of
Available Principal Collections for the related Monthly Period to be treated as
Shared Principal Collections....................................................................        $_____________
</TABLE>

On each Payment Date with respect to the Controlled Accumulation Period or the
Early Amortization Period, Available Principal Collections shall be distributed
as follows:

The Monthly Principal for such Payment Date deposited into the Principal Funding
Account

<TABLE>
<CAPTION>
                     REQUIRED DEPOSIT TO                                                AMOUNT WITHDAWN                    ENDING
                        THE PRINCIPAL      PREVIOUS SHORTFALLS                         FROM THE PRINCIPAL                 PRINCIPAL
BEGINNING PRINCIPAL  FUNDING SUB-ACCOUNT  OF TARGETED DEPOSITS  ACTUAL DEPOSIT TO THE  FUNDING SUB-ACCOUNT                 FUNDING
FUNDING SUB-ACCOUNT  WITH RESPECT TO THE    TO THE PRINCIPAL      PRINCIPAL FUNDING      FOR PAYMENT TO        OTHER     SUB-ACCOUNT
      BALANCE          CURRENT PERIOD      FUNDING SUB-ACCOUNT      SUB-ACCOUNT            NOTEHOLDERS      WITHDRAWALS    BALANCE
-------------------  -------------------  --------------------  ---------------------  -------------------  -----------  -----------
<S>                  <C>                  <C>                   <C>                    <C>                  <C>          <C>
Class A (*-*)             ________           ______________      _____________          ________________     _________    _________
Class A (*-*)             ________           ______________      _____________          ________________     _________    _________
Class B (*-*)             ________           ______________      _____________          ________________     _________    _________
Class B (*-*)             ________           ______________      _____________          ________________     _________    _________
Class C (*-*)             ________           ______________      _____________          ________________     _________    _________
Class C (*-*)             ________           ______________      _____________          ________________     _________    _________
Class D (*-*)             ________           ______________      _____________          ________________     _________    _________
Class D (*-*)             ________           ______________      _____________          ________________     _________    _________
</TABLE>

<PAGE>

Pursuant to section [ ]

II. REALLOCATED PRINCIPAL COLLECTIONS

<TABLE>
<S>                                                                                                        <C>
Pursuant to Section [ ], the Servicer does hereby instruct the Indenture
Trustee to apply Reallocated Principal Collections with respect to such
Payment Date, to fund any deficiency pursuant to subsections [ ]........................................   $__________
</TABLE>

III. SHARED PRINCIPAL COLLECTIONS

<TABLE>
<S>                                                                                                        <C>
Pursuant to Section 8.05 of the Master Indenture and Section [ ] of the
Indenture Supplement, Available Principal Collections for the related
Monthly Period treated as Shared Principal Collections paid to the Trust
Beneficial Interests or Certificates....................................................................   $__________
</TABLE>

IV. ACCRUED AND UNPAID AMOUNTS

After giving effect to the withdrawals and transfers to be made in accordance
with this notice, the following amounts will be accrued and unpaid with respect
to all Monthly Periods preceding the current calendar month:

<TABLE>
<CAPTION>
                                            Accrued and Unpaid         Investor
                  Interest Shortfall           Servicing Fee          Charge-Offs
                  ------------------        ------------------        -----------
<S>               <C>                       <C>                       <C>
Class A (*-*)     $_________________        $_________________        $__________
Class A (*-*)     $_________________        $_________________        $__________
Class B (*-*)     $_________________        $_________________        $__________
</TABLE>

<PAGE>

<TABLE>
<S>               <C>                       <C>                       <C>
Class B (*-*)     $_________________        $_________________        $__________
Class C (*-*)     $_________________        $_________________        $__________
Class C (*-*)     $_________________        $_________________        $__________
Class D (*-*)     $_________________        $_________________        $__________
Class D (*-*)     $_________________        $_________________        $__________
</TABLE>

V. CASH COLLATERAL ACCOUNT

<TABLE>
<S>                                                                                                                  <C>
1. Beginning Balance............................................................................................     $_____________
2. Investment Earnings since the preceding Payment Date.........................................................     $_____________
3. Amount withdrawn to cover payments pursuant to subsection [  ]...............................................     $_____________
4. On the day following the occurrence of an Event of Default, amount withdrawn pursuant to subsection [  ].....     $_____________
5. Amount deposited to cover any Cash Collateral Account Deficiency pursuant to subsection[  ]..................     $_____________
6. Excess over the Required Cash Collateral Account Amount paid to the Transferor pursuant to subsection [  ]        $_____________

7. Ending Balance...............................................................................................     $=============
</TABLE>

VI. RESERVE ACCOUNT

<TABLE>
<S>                                                                                                                  <C>
1. Beginning Balance............................................................................................     $_____________
2. Interest and earnings for the related Payment Date...........................................................     $_____________
3. Interest earnings withdrawn to be included in Available Finance Charge Collections...........................     $_____________
4. On each Payment Date from and after the Reserve Account Funding Date, amount deposited pursuant to
   subsection 4.04(a)(vii)......................................................................................     $_____________
5. The Reserve Draw Amount to be deposited into the Collection Account to be treated as Available Finance
   Charge Collections pursuant to subsection 4.10(d)............................................................     $_____________
6. The Reserve Account Surplus to be paid to the holders of Trust Beneficial Interests pursuant to
   subsection 4.10(e)...........................................................................................     $_____________
7. Amount withdrawn pursuant to subsection 4.10(f)..............................................................     $_____________

8. Ending Balance...............................................................................................     $=============
</TABLE>

VII. PRINCIPAL FUNDING ACCOUNT

<TABLE>
<S>                                                                                                                  <C>
1. Beginning Balance.............................................................................................    $_____________
2. Principal Funding Investment Proceeds for the related Payment Date............................................    $_____________
3. Principal Funding Investment Proceeds to be deposited into the Collection Account included as Available
   Finance Charge Collections pursuant to subsection 4.09(b).....................................................    $_____________
4. During the Controlled Accumulation Period, the amount of Monthly Principal for such Payment Date deposited
   into the Principal Funding Account pursuant to subsection 4.09(a).............................................    $_____________
5. On the earliest to occur of (a) first Payment Date during the Early Amortization Period  and (b) the
   Expected Final Principal Payment Date, the amount withdrawn for payment to the Noteholders pursuant
   to subsection 4.09(b).........................................................................................    $_____________

6. Ending Balance................................................................................................    $=============
</TABLE>

VIII. EXCESS FUNDING ACCOUNT

<TABLE>
<S>                                                                                                                  <C>
1. Beginning Balance.............................................................................................    $_____________
2. Interest income from investments in the related Monthly Period pursuant to subsection 8.03 (b) of the Master
   Indenture.....................................................................................................    $_____________
3. Deposits made pursuant to subsections [ ]                                                                         $_____________
   Indenture Supplement..........................................................................................    $_____________
4. Interest income withdrawn to be included as Available Finance Charge Collections..............................    $_____________
5. Amount withdrawn to be treated as Shared Principal Collections pursuant to subsection 8.03 (b) of the Master
   Indenture.....................................................................................................    $_____________
6. Amount withdrawn and paid to the holders of the Trust Beneficial Interest or Certificates pursuant to
   subsection 8.03 (b) of the Master Indenture...................................................................    $_____________

7. Ending Balance................................................................................................    $=============
</TABLE>

REQUIRED SUBORDINATION:

<TABLE>
<CAPTION>
                                                                                                     Required
                Required Subordinated    Required Subordinated Amount    Required Subordinated     Subordinated
                 Amount from Class B             from Class C             Amount from Class D     Amount from CCA
                ---------------------    ----------------------------    ---------------------    ---------------
<S>             <C>                      <C>                             <C>                      <C>
Class A (*-*)
Class A (*-*)
Class B (*-*)
Class B (*-*)
Class B (*-*)
Class C (*-*)
Class C (*-*)
Class D (*-*)
Class D (*-*)
</TABLE>

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this
Certificate this [ ]th Day of [month].

                                                   Advanta Bank Corp.
                                                   as Servicer

                                                   By:__________________________
                                                   Name:
                                                   Title:
<PAGE>

                                                                       EXHIBIT C

                     FORM OF MONTHLY NOTEHOLDER'S STATEMENT
                               ADVANTA BANK CORP.
                       ADVANTA BUSINESS CARD MASTER TRUST
                                  ADVANTASERIES
                             PERIOD ENDING ________

The information which is required to be prepared with respect to the Payment
Date of ____ and with respect to the performance of the Trust during the period
of _____through _____ is set forth below.

Capitalized terms used in this statement have their respective meanings set
forth in the Master Indenture and the Transfer and Servicing Agreement.
References to certain sections and subsections are references to the respective
sections and subsections of the Master Indenture as supplemented by the
AdvantaSeries Indenture Supplement.

I. Information regarding the current monthly principal distribution to the
Noteholder

<TABLE>
<CAPTION>
                                                                       Total Amount of
                         CUSIP Number     Principal Payment Date     Principal to be paid     Per $1000
                         ------------     ----------------------     --------------------     ---------
<S>                      <C>              <C>                        <C>                      <C>
[Class / Tranche]
Total [Class]

Total
</TABLE>

II. Information regarding the current monthly interest distribution to the
Noteholder

<TABLE>
<CAPTION>
                                                                       Total Amount of
                         CUSIP Number     Interest Payment Date     Interest to be paid     Per $1000
                         ------------     ----------------------    -------------------     ---------
<S>                      <C>              <C>                       <C>                     <C>
[Class / Tranche]
Total [Class]

Total
</TABLE>

III. Information regarding the total monthly distribution to the Noteholder
(Stated on the basis of $1,000 original Note Principal Balance)

<TABLE>
<CAPTION>
                                                            Total Amount to be
                         CUSIP Number     Payment Date             Paid             Per $1000
                         ------------     ------------      -------------------     ---------
<S>                      <C>              <C>               <C>                     <C>
[Class / Tranche]

Total [Class]

Total
</TABLE>

IV. Information regarding the performance of the Advanta Business Card Master
Trust

<TABLE>
<S>                                                                                     <C>
1.  The aggregate amount of such Collections with respect to Principal
    Receivables for the Monthly Period preceding such Payment Date.................     __________

2.  The aggregate amount of such Collections with respect to Finance Charge
    and Administrative Receivables for the Monthly Period preceding such
    Payment Date...................................................................     __________

3.  Recoveries for the preceding Monthly Period....................................     __________

4.  The Defaulted Amount for the preceding Monthly Period..........................     __________

5.  The annualized percentage equivalent of a fraction, the numerator of which
    is the Defaulted Amount less Recoveries for the preceding Monthly Period,
    and the denominator is the average Receivables for the preceding Monthly
    Period.........................................................................     __________

6.  The total amount of Principal Receivables in the trust at the beginning of
    the preceding Monthly Period...................................................     __________

7.  The total amount of Principal Receivables in the trust as of the last day
    of the preceding Monthly Period................................................     __________

8.  The total amount of Finance Charge and Administrative Receivables in the
    Trust at the beginning of the preceding Monthly Period.........................     __________

9.  The total amount of Finance Charge and Administrative Receivables in the
    Trust as of the last day of the preceding Monthly Period.......................     __________

10. The aggregated Adjusted Invested Amounts of all Series of Notes
    outstanding as of the last day of the preceding Monthly Period.................     __________

11. The Transferor Interest as of the last day of the preceding Monthly Period.....     __________
</TABLE>

<PAGE>

<TABLE>
<S>                                                                                     <C>
12. The Transferor Percentage as of the last day of the preceding Monthly
    Period.........................................................................     __________

13. The Required Transferor Percentage ............................................     __________

14. The Required Transferor Interest...............................................     __________

15. The monthly principal payment rate for the preceding Monthly Period............     __________

16. The balance in the Excess Funding Account as of the last day of the
    preceding Monthly Period.......................................................     __________

17. The aggregate outstanding balance of the Accounts which were delinquent as
    of the close of business on the last day of the Monthly Period preceding
    such Payment Date:                                                                  __________
</TABLE>

<TABLE>
<CAPTION>
                                                            Percentage of Total
                                                                Recivabes           Dollar Amount
                                                                                    -------------
<S>                                                         <C>                     <C>
(a) Delinquent between 30 days and 59 days

(b) Delinquent between 60 days and 89 days

(c) Delinquent between 90 days and 119 days

(d) Delinquent between 120 days and 149 days

(e) Delinquent between 150 days and 179 days

(f) Delinquent 180 days or greater
                                                            ------------------      -------------
(g) Aggregate
                                                            ==================      =============
</TABLE>

IV. Information regarding the AdvantaSeries

1. Outstanding Principal Balance and Adjusted Invested Amount for the related
   Monthly Period: (as of the end of the related Monthly Period)

<TABLE>
<CAPTION>
                         Initial Principal     Outstanding Principal      Adjusted      Adjusted Invested
                             Balance                  Balance            Outstanding          Amount
                         -----------------     ---------------------     -----------    -----------------
<S>                      <C>                   <C>                       <C>            <C>
[Class / Tranche]
Total [Class]

Total
</TABLE>

<TABLE>
<S>                                                                                     <C>
2. AdvantaSeries Invested Amount as of the last day of the related Monthly
   Period..........................................................................     __________

3. The Floating Investor Percentage with respect to the period:                         __________
   _______through_________
   _______through_________

4. The Fixed Investor Percentage with respect to the period:                            __________
   _______through_________
   _______through_________

5. The amount of Investor Principal Collections applicable to the
   AdvantaSeries                                                                        __________

6a. The amount of Available Finance Charge Collections on deposit in the
    Collection Account on the related Payment Date.................................     __________

6b. The amount of Available Finance Charge Collections not on deposit in the
    Collection Account on the related Payment Date pursuant to Section 8.04(a)
    of the Master Indenture........................................................     __________

7. The Investor Defaulted Amount for the related Monthly Period....................     __________

8. The Monthly Servicing Fee for the related Monthly Period........................     __________

9. Performance for the related Monthly Period

      a. The cash yield for the related Monthly Period.............................     __________

      b. The default rate for the related Monthly Period...........................     __________

      c. The Net Portfolio Yield for the related Monthly Period....................     __________

      d. The Base Rate for the related Monthly Period..............................     __________

      e. The Excess Spread Percentage for the related Monthly Period...............     __________

      f. The Quarterly Excess Spread percentage....................................     __________

10. Floating Rate Determinations:

      LIBOR for the Interest Period from ______through and  including__________         __________
</TABLE>

<PAGE>

11. AdvantaSeries Interest Payable

<TABLE>
<CAPTION>
                                                                                 Amount withdrawn
                        Interest Payable with                                    from the Collection
                       respect to the current    Prior Interest shortfall and    Account for payment      Remaining Interest
                             period               Additional Interest Payable       to Netholders                upaid
                       ----------------------    ----------------------------    -------------------      ------------------
<S>                    <C>                       <C>                             <C>                      <C>
[Class / Tranche]
Total [Class]

Total
</TABLE>

12. Principal Funding Account

<TABLE>
<CAPTION>

                                               Required deposit to the    Previous shortfalls of
                         Beginning Principal   Principal Funding  sub-   targeted deposits to the   Actual deposit to the
                         Funding sub-Account     Account with respect     Principal Funding sub-      Principal Funding
                               Balance          to the current period           Account                  sub-Account
                         -------------------   -----------------------   ------------------------   ---------------------
<S>                      <C>                   <C>                       <C>                        <C>
[Class / Tranche]
Total [Class]

Total

<CAPTION>
                           Amount withdawn                      Ending
                         from the Principal                    Principal
                            Funding sub-                      Funding sub-
                         Account for payment      Other         Account
                            to Noteholders      Withdrawals     Balance
                         -------------------    -----------   ------------
<S>                      <C>                    <C>           <C>
[Class / Tranche]
Total [Class]

Total
</TABLE>

13. Accumulation Reserve Account

<TABLE>
<CAPTION>
                                                                                                                      Accumulation
                                                                   Accumulation                                          Reserve
                    Required Deposit to     Actual Deposit to   Reserve sub-Account     Accumulation                   sub-Account
                    Accumulation Reserve  Accumulation Reserve    Balance prior to   Reserve sub-Account  Withdrawal  Balance after
                        sub-Account            sub-Account          Withdrawals           Earnings          Amount     Withdrawals
                    --------------------  --------------------  -------------------  -------------------  ----------  --------------
<S>                 <C>                   <C>                   <C>                  <C>                  <C>         <C>
[Class / Tranche]
Total [Class]

Total
</TABLE>

<TABLE>
<S>                                                                                     <C>
14. Cash Collateral Account

      a. The Required Cash Collateral Account Amount on the related Payment Date...     ___________

      b. The Available Cash Collateral Account Amount on the related Payment Date..     ___________

15. Excess Spread Account

      a. Excess Spread Account percentage on the related Payment Date                   ___________

      b. The Required Excess Spread Account Amount on the related Payment Date          ___________

      c. The amount on deposit in the Excess Spread Account on the related Payment
         Date (after taking into consideration deposits and withdrawals for the
         related Payment Date)                                                          ___________
</TABLE>

16. Required Subordinated Amount

<TABLE>
<CAPTION>
                         Required Subordinated                                       Required            Required Cash
                          Amount from Class B      Required Subordinated       Subordinated Amount    Collateral Account
                               Notes             Amount from Class C Notes      from Class D Notes          Amount
                         ---------------------   -------------------------     -------------------    ------------------
<S>                      <C>                     <C>                           <C>                    <C>
[Class / Tranche]
Total [Class]
</TABLE>

17. Adjusted Invested Amount

<TABLE>
<CAPTION>
                                            Increases from amounts       Reimbursements of
                                              withdrawn from the           prior Adjusted       Reductions due to
                                               Principal Funding          Invested Amount       reallocations of
                                           sub-Accounts in respect of       Deficits from      vailable Principal
                     Beginning Adjusted     Coverage Funding Excess      Available Finance       Collections and
                      Invested Amount               Amounts              Charge Collections    Investor Charge-Offs
                     ------------------    --------------------------    ------------------    --------------------
<S>                  <C>                   <C>                           <C>                   <C>
[Class / Tranche]
Total [Class]
Total

<CAPTION>
                     Reductions due
                       to amounts
                      deposited to
                     the Principal         Ending
                        Funding           Adjusted
                      sub-Accounts     Invested Amount
                     --------------    ---------------
<S>                  <C>               <C>
[Class / Tranche]
Total [Class]
Total
</TABLE>

                     Advanta Bank Corp.
                     as Servicer

                     By:
                     Name:
                     Title:
<PAGE>

                                                                       EXHIBIT D

                     FORM OF MONTHLY SERVICER'S CERTIFICATE

                               ADVANTA BANK CORP.
                              OFFICERS CERTIFICATE

      In compliance with Section 5.02 of the Advanta Business Card Master Trust
AdvantaSeries Indenture Supplement (the "Indenture Supplement") dated as of [_],
200[_] by and among Advanta Business Card Master Trust, as issuer (the "Issuer")
and Deutsche Bank Trust Company Americas, as indenture trustee (the "Indenture
Trustee"), I, [_], [_] of Advanta Bank Corp., as Servicer, hereby certify that
no Pay Out Event has occurred during the preceding Monthly Period.

      Capitalized terms used herein without definition are defined in the
Indenture Supplement.

      I have hereunto set my hand this [_] day of [_], 200[_]

                                                  ADVANTA BANK CORP.

                                                  By:___________________________
                                                  Name:
                                                  Title:

<PAGE>

                                                                     EXHIBIT E-1

                         FORM OF CLASS A TERMS DOCUMENT

                       ADVANTA BUSINESS CARD MASTER TRUST

                                    as Issuer

                                       and

                      DEUTSCHE BANK TRUST COMPANY AMERICAS

                              as Indenture Trustee

                       CLASS A (200[_]-[_]) TERMS DOCUMENT

                            dated as of [_] [_], [_]

                                       to

                       ADVANTASERIES INDENTURE SUPPLEMENT

                            dated as of [_] [_], [_]

                                       to

                                    INDENTURE

                           dated as of August 1, 2000

<PAGE>

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                                     PAGE
                                                                                                     ----
<S>                                                                                                  <C>
                                                       ARTICLE I
                            Definitions and Other Provisions of General Application

Section 1.01        Definitions....................................................................   3

Section 1.02        Governing Law..................................................................   6

Section 1.03        Counterparts...................................................................   6

Section 1.04        Ratification of Indenture and Indenture Supplement.............................   6

                                                      ARTICLE II
                                            The Class A (200[_]-[_]) Notes

Section 2.01        Creation and Designation.......................................................   7

Section 2.02        Interest Payment...............................................................   7

Section 2.03        Determination of LIBOR.........................................................   7

Section 2.04        Required Deposits of Available Principal Collections to the
                    Principal Funding Account......................................................   7

Section 2.05        Payments of Interest and Principal.............................................   8

Section 2.06        Cash Collateral Account........................................................   9

Section 2.07        Delivery and Payment for the Class A (200[_]-[_]) Notes; Form
                    and Denomination...............................................................   9

Section 2.08        Manner of Payment of Class A (200[_]-[_]) Notes................................   9

Section 2.09        Monthly Servicing Fee..........................................................   9
</TABLE>

                                     - 2 -
<PAGE>

      CLASS A (200[_]-[_]) TERMS DOCUMENT, dated as of [_] [_], [_] (the "TERMS
DOCUMENT"), between WILMINGTON TRUST COMPANY, as Owner Trustee of ADVANTA
BUSINESS CARD MASTER TRUST, a common law trust organized and existing under the
laws of the State of Delaware (herein, the "ISSUER" or the "TRUST"), and
DEUTSCHE BANK TRUST COMPANY AMERICAS (formerly known as Bankers Trust Company),
a banking corporation organized and existing under the laws of the State of New
York, not in its individual capacity, but solely as indenture trustee (herein,
together with its successors in the trusts thereunder as provided in the Master
Indenture, the "INDENTURE TRUSTEE") under the Master Indenture, dated as of
August 1, 2000 (the "INDENTURE") between the Issuer and the Indenture Trustee.
This Terms Document supplements the AdvantaSeries Indenture Supplement, dated as
of [_] [_], [_], between the Issuer and the Indenture Trustee, which supplements
the Master Indenture.

      Pursuant to this Terms Document, the Issuer shall create a new tranche of
Class A Notes and shall specify the principal terms thereof.

                                    ARTICLE I
             Definitions and Other Provisions of General Application

      Section 1.01. Definitions. For all purposes of this Terms Document, except
as otherwise expressly provided or unless the context otherwise requires:

                  (1) the terms defined in this Article have the meanings
assigned to them in this Article, and include the plural as well as the
singular;

                  (2) all other terms used herein which are defined in the
Indenture Supplement or the Indenture, either directly or by reference therein,
have the meanings assigned to them therein;

                  (3) all accounting terms not otherwise defined herein have the
meanings assigned to them in accordance with generally accepted accounting
principles and, except as otherwise herein expressly provided, the term
"generally accepted accounting principles" with respect to any computation
required or permitted hereunder means such accounting principles as are
generally accepted in the United States of America at the date of such
computation;

                  (4) all references in this Terms Document to designated
"Articles," "Sections" and other subdivisions are to the designated Articles,
Sections and other subdivisions of this Terms Document;

                  (5) the words "herein," "hereof" and "hereunder" and other
words of similar import refer to this Terms Document as a whole and not to any
particular Article, Section or other subdivision;

                  (6) in the event that any term or provision contained herein
shall conflict with or be inconsistent with any term or provision contained in
the Indenture Supplement, the Indenture or the Transfer and Servicing Agreement,
the terms and provisions of this Terms Document shall be controlling;

                                     - 3 -
<PAGE>

                  (7) each capitalized term defined herein shall relate only to
the Class A (200[_]-[_]) Notes and no other Tranche of Notes issued by the
Issuer; and

                  (8) "including" and words of similar import will be deemed to
be followed by "without limitation."

      "Accumulation Period Factor" shall mean, for the purpose of calculating
the Accumulation Period Length for the Class A (200[_]-[_]) Notes, with respect
to any Monthly Period, a fraction, the numerator of which is equal to the sum of
the initial invested amounts of all outstanding Series, and the denominator of
which is equal to the sum of (a) the Outstanding Principal Balance of Class A
(200[_]-[_]) Notes, (b) the initial invested amounts or outstanding principal
balances of all outstanding Series (other than the AdvantaSeries Class A
(200[_]-[_])), Classes and Tranches (without duplication) which are not expected
to be in their revolving periods, and (c) the initial invested amounts or
Outstanding Principal Balances of all other outstanding Series, Classes and
Tranches (without duplication) which are not allocating Shared Principal
Collections to other Series and are in their revolving periods; provided,
however, that this definition may be changed at any time if the Rating Agency
Condition is satisfied.

      "Accumulation Period Length" means the number of whole months such that
the sum of the Accumulation Period Factors for each month during such period
will be equal to or greater than the Required Accumulation Factor Number;
provided, however, that the Accumulation Period Length will not be determined to
be less than one month; provided further, however, that the determination of the
Accumulation Period Length may be changed at any time if the Rating Agency
Condition is satisfied.

      "Accumulation Shortfall" shall mean (a) on the first Payment Date during
the Controlled Accumulation Period, zero and (b) on each subsequent Principal
Payment Date during the Controlled Accumulation Period, the excess, if any, of
the Controlled Deposit Amount for the previous Payment Date over the amount
deposited into the Principal Funding Account pursuant to Section 2.04(b) for the
previous Principal Payment Date.

      "Class A (200[_]-[_]) Final Maturity Date" means [_] [_], [_].

      "Class A (200[_]-[_]) Note" means any Note, substantially in the form set
forth in Exhibit A-1 to the Indenture Supplement, designated therein as a Class
A (200[_]-[_]) Note and duly executed and authenticated in accordance with the
Indenture.

      "Class A (200[_]-[_]) Noteholder" means a Person in whose name a Class A
(200[_]-[_]) Note is registered in the Note Register.

      "Class A (200[_]-[_]) Termination Date" means the earliest to occur of (a)
the Principal Payment Date on which the Outstanding Principal Balance of the
Class A (200[_]-[_]) Notes is paid in full, (b) the Class A (200[_]-[_]) Final
Maturity Date and (c) the date on which the Indenture is discharged and
satisfied pursuant to Article XI thereof.

      "Closing Date" means [_] [_], [_].

                                     - 4 -
<PAGE>

      "Controlled Accumulation Amount" shall mean, for any Principal Payment
Date occurring during the Accumulation Period, $[_]; provided, however, that if
the Accumulation Period Length is determined to be less than 8 months pursuant
to subsection 2.04(a), the Controlled Accumulation Amount for each Principal
Payment Date with respect to the Accumulation Period will be equal to (i) the
Outstanding Principal Balance of the Class A (200[_]-[_])Notes divided by (ii)
the Accumulation Period Length.

      "Controlled Accumulation Period" shall mean, unless a Pay Out Event shall
have occurred prior thereto, the period commencing at the close of business on
[_] [_], [_], or such later date as is determined in accordance with subsection
2.04(d), and ending on the first to occur of (a) the commencement of the Early
Amortization Period, (b) the payment in full of the Outstanding Principal
Balance of the Class A (200[_]-[_]) Notes and (c) the Class A (200[_]-[_]) Final
Maturity Date.

      "Controlled Deposit Amount" means, for any Payment Date occurring during
the Controlled Accumulation Period, an amount equal to the sum of the Controlled
Accumulation Amount for such Payment Date and any existing Accumulation
Shortfall.

      "Covered Amount" means, for any Interest Payment Date, an amount, equal to
the product of (i) a fraction, the numerator of which is [the actual number of
days in the related Interest Period] [30] and the denominator of which is 360,
multiplied by (ii) the Note Interest Rate in effect with respect to such
Interest Period, multiplied by (iii) the aggregate amount on deposit in the
Principal Funding Sub-Account for the Class A (200[_]-[_]) Notes (prior to
giving effect to any deposits to be made on such date).

      "Expected Final Principal Payment Date" means [_] [_], [_].

      "Initial Principal Balance" means $[_].

      "Indenture" means the Indenture dated as of August 1, 2000, by and between
the Issuer and the Indenture Trustee, as amended and supplemented from time to
time.

      "Indenture Supplement" means the AdvantaSeries Indenture Supplement dated
as of [_] [_], [_], by and between the Issuer and the Indenture Trustee, as
amended and supplemented from time to time.

      "Interest Payment Date" means the scheduled due date of any payment of
interest on the Class A (200[_]-[_]) Notes, which shall be [each Payment Date].
The first Interest Payment Date shall be [_] [_], [_].

      "LIBOR" means, for any Interest Period, the London interbank offered rate
for one month United States dollar deposits determined by the Indenture Trustee
on the LIBOR Determination Date for each Interest Period in accordance with the
provisions of Section 2.04.

      "LIBOR Determination Date" shall mean (a) with respect to the first
Interest Payment Date, (i) [_] [_], [_] for the period from and including the
Closing Date through and including [_] [_], [_] and (ii) [_] [_], [_] for the
period from and including [_] [_], [_] through and including [_] [_], [_] and
(b) with respect to any Interest Payment Date after the first Interest Payment
Date, the

                                     - 5 -
<PAGE>

second London Business Day prior to the commencement of the second and each
subsequent Interest Period.

      "London Business Day" means any Business Day on which dealings in deposits
in United States Dollars are transacted in the London interbank market.

      "Note Interest Rate" means a rate per annum equal to [[_]% in excess of
LIBOR as determined by the Indenture Trustee on the related LIBOR Determination
Date with respect to each Interest Period] [[_]% per year].

      "Paying Agent" means Deutsche Bank Trust Company Americas.

      "Reference Banks" means three major banks in the London interbank market
selected by the Servicer.

      "Required Accumulation Factor Number" shall be equal to a fraction,
rounded upwards to the nearest whole number, the numerator of which is one and
the denominator of which is equal to the lowest monthly principal payment rate
on the Accounts, expressed as a decimal, for the twelve months preceding the
date of such calculation; provided, however, that this definition may be changed
at any time if the Rating Agency Condition is satisfied.

      "Telerate Page 3750" means the display page currently so designated on the
Bridge Telerate Market Report (or such other page as may replace that page on
that service for the purpose of displaying comparable rates or prices).

      Section 1.02. Governing Law. THIS TERMS DOCUMENT WILL BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, INCLUDING
SECTION 5-1401 OF THE GENERAL OBLIGATION LAW, WITHOUT REFERENCE TO ITS CONFLICT
OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES
HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

      Section 1.03. Counterparts. This Terms Document may be executed in any
number of counterparts, each of which so executed will be deemed to be an
original, but all such counterparts will together constitute but one and the
same instrument.

      Section 1.04. Ratification of Indenture and Indenture Supplement. As
supplemented by this Terms Document, each of the Indenture and the Indenture
Supplement is in all respects ratified and confirmed and the Indenture as so
supplemented by the Indenture Supplement and this Terms Document shall be read,
taken and construed as one and the same instrument.

                               [END OF ARTICLE I]

                                     - 6 -
<PAGE>

                                   ARTICLE II
                         The Class A (200[_]-[_]) Notes

      Section 2.01. Creation and Designation. There is hereby created a tranche
of AdvantaSeries Class A Notes to be issued pursuant to the Indenture and the
Indenture Supplement to be known as the "AdvantaSeries Class A (200[_]-[_])
Notes."

      Section 2.02. Interest Payment. For each Interest Payment Date, the amount
of interest due and payable with respect to the Class A (200[_]-[_]) Notes shall
be an amount equal to the product of (i) (A) a fraction, the numerator of which
is the actual number of days in the related Interest Period and the denominator
of which is 360, multiplied by (B) the Note Interest Rate [in effect with
respect to the related Interest Period], multiplied by (ii) the Outstanding
Principal Balance of the Class A (200[_]-[_]) Notes determined as of the Record
Date preceding the related Interest Payment Date. Any interest on the Class A
(200[_]-[_]) Notes will be calculated on the basis of the actual number of days
in the related Interest Period and a 360-day year.

      Section 2.03. Determination of LIBOR.

      (a) On each LIBOR Determination Date, the Indenture Trustee shall
determine LIBOR on the basis of the rate for deposits in United States dollars
having a maturity of one-month period commencing on such LIBOR Determination
Date which appears on Telerate Page 3750 as of 11:00 a.m., London time, on such
date. If such rate does not appear on Telerate Page 3750, LIBOR for that LIBOR
Determination Date shall be determined on the basis of the rates at which
deposits in United States dollars are offered by the Reference Banks at
approximately 11:00 a.m., London time, on that day to prime banks in the London
interbank market for a one-month period and in an amount of not less than
$1,000,000. The Indenture Trustee shall request the principal London office of
each of the Reference Banks to provide a quotation of its rate. If at least two
(2) such quotations are provided, LIBOR for that LIBOR Determination Date shall
be the arithmetic mean of the quotations. If fewer than two (2) quotations are
provided as requested, LIBOR for that LIBOR Determination Date will be the
arithmetic mean of the rates quoted by major banks in New York City, selected by
the Servicer, at approximately 11:00 a.m., New York City time, on that day for
loans in United States dollars to leading European banks for a one-month period
and in an amount of not less than U.S. $1,000,000; provided, that, if the banks
selected by the Servicer are not quoting such rates, LIBOR for that LIBOR
Determination Date will be the same as LIBOR for the immediately preceding LIBOR
Determination Date.

      (b) The Note Interest Rate applicable to the then current and the
immediately preceding Interest Periods may be obtained by telephoning the
Indenture Trustee at its corporate trust office at (___) ___-____ or such other
telephone number as shall be designated by the Indenture Trustee for such
purpose by prior written notice by the Indenture Trustee to each Noteholder from
time to time.

      (c) On each LIBOR Determination Date, the Indenture Trustee shall send to
the Transferor, by facsimile transmission, notification of LIBOR for the
following Interest Period.

      Section 2.04. Required Deposits of Available Principal Collections to the
Principal Funding Account. With respect to any Monthly Period, the amount to be
deposited in the

                                     - 7 -
<PAGE>

Principal Funding Sub-Account will be the amount determined pursuant to clause
(a), (b) or (c) below for such Monthly Period, as applicable, or if more than
one such clause is applicable, the highest amount determined pursuant to any one
of such clauses; provided, however, in no case shall the amount required to be
deposited exceed the Class A [_] Adjusted Invested Amount (calculated
immediately before giving effect to such deposit but after giving effect to any
Investor Charge-Offs and any reallocations of principal on such date).

      (a) Accumulation Period. On each Payment Date during the Controlled
Accumulation Period, an amount equal to the Controlled Deposit Amount for the
related Monthly Period shall be deposited into the Principal Funding Sub-Account
for the Class A (200[_]-[_]) Notes. The Controlled Accumulation Period is
scheduled to commence at the close of business on [_] [_], [_]; provided,
however, that, if the Accumulation Period Length is less than 8 months, the date
on which the Controlled Accumulation Period actually commences will be delayed
to the first Business Day of the month that is the number of whole months prior
to the Expected Final Principal Payment Date at least equal to the Accumulation
Period Length and, as a result, the number of Monthly Periods in the Controlled
Accumulation Period will at least equal the Accumulation Period Length. On the
Determination Date immediately preceding the Accumulation Reserve Account
Funding Date, and each Determination Date thereafter until the Controlled
Accumulation Period begins, the Servicer will determine the Accumulation Period
Length.

      (b) Early Amortization Period. On each Payment Date during an Early
Amortization Period, an amount equal to the Class A [_] Adjusted Invested Amount
as of the close of business on the last day of the preceding Monthly Period
(after taking into account any reallocations, payments or deposits on the
following Payment Date) shall be distributed to the Paying Agent for payment to
the Class A [_] Noteholders.

      (c)Coverage Funding of the Principal Funding Account of Senior Classes. If
the Issuer determines as of the end of the preceding Monthly Period with respect
to the Class A (200[_]-[_]) Notes, that, after giving effect to all allocations
and payments with respect to that Monthly Period, the Coverage Funding Required
Amount of the Class A (200[_]-[_]) Notes will be greater than zero, the required
deposit to the Principal Funding Sub-Account for the Class A (200[_]-[_]) Notes
will be the Coverage Funding Required Amount for such Class A (200[_]-[_])
Notes.

      (d) On the earlier to occur of (i) the first Payment Date during the Early
Amortization Period and (ii) the Expected Final Principal Payment Date, the
Indenture Trustee, acting in accordance with written instructions from the
Servicer, shall withdraw from the Principal Funding Sub-Account for the Class A
(200[_]-[_]) Notes and distribute to the Paying Agent for payment to the Class A
(200[_]-[_]) Noteholders the amounts deposited into the Principal Funding
Sub-Account for the Class A (200[_]-[_]) Notes pursuant to Section 2.04(a) and
(c).

      Section 2.05. Payments of Interest and Principal.

      (a) Any installment of interest or principal, if any, payable on any Class
A (200[_]-[_]) Note which is punctually paid or duly provided for by the Issuer
and the Indenture Trustee on the applicable Interest Payment Date or Principal
Payment Date shall be paid by the Paying

                                     - 8 -
<PAGE>

Agent to the Person in whose name such Class A (200[_]-[_]) Note (or one or more
Predecessor Notes) is registered on the Record Date, by wire transfer of
immediately available funds to such Person's account as has been designated by
written instructions received by the Paying Agent from such Person not later
than the close of business on the third Business Day preceding the date of
payment or, if no such account has been so designated, by check mailed
first-class, postage prepaid to such Person's address as it appears on the Note
Register on such Record Date, except that with respect to Notes registered on
the Record Date in the name of the nominee of Cede & Co., payment shall be made
by wire transfer in immediately available funds to the account designated by
such nominee.

      (b) The right of the Class A (200[_]-[_]) Noteholders to receive payments
from the Issuer will terminate on the first Business Day following the Class A
(200[_]-[_]) Termination Date.

      Section 2.06. Cash Collateral Account. In accordance with Section 4.24 of
the Indenture Supplement, on or prior to the Closing Date, the Transferor shall
cause to be deposited funds into the Cash Collateral Account such that after
such deposit the Available Cash Collateral Account Amount is equal to the
Required Cash Collateral Account Amount.

      Section 2.07. Delivery and Payment for the Class A (200[_]-[_]) Notes;
Form and Denomination.

      (a) The Issuer shall execute and issue, and the Indenture Trustee shall
authenticate, the Class A (200[_]-[_]) Notes in accordance with Section 2.03 of
the Indenture. The Indenture Trustee shall deliver the Class A (200[_]-[_])
Notes to or upon the order of the Issuer when so authenticated. The Class A
(200[_]-[_]) Notes shall be Book-Entry Notes.

      (b) The Depository for the Class A (200[_]-[_]) Notes shall be The
Depository Trust Company, and the Class A (200[_]-[_]) Notes shall initially be
registered in the name of Cede & Co., its nominee.

      (c) The Class A (200[_]-[_]) Notes will be issued in minimum denominations
of $[_] and integral multiples of that amount.

      Section 2.08 Manner of Payment of Class A (200[_]-[_]) Notes. Except as
provided in Section 11.02 of the Indenture with respect to a final distribution,
distributions to Class A (200[_]-[_]) Noteholders hereunder shall be made by (i)
check mailed to each Class A (200[_]-[_]) Noteholder (at such Noteholder's
address as it appears in the Note Register), except that with respect to any
Class A (200[_]-[_]) Notes registered in the name of the nominee of a Clearing
Agency, such payment shall be made in immediately available funds and (ii)
without presentation or surrender of any Class A (200[_]-[_]) Note or the making
of any notation thereon.

      Section 2.09 Monthly Servicing Fee. In accordance with Section 3.01(a) of
the Indenture Supplement, with respect to the [_] [_], [_] Payment Date, the
AdvantaSeries Monthly Servicing Fee allocated to the Class A (200[_]-[_]) Notes
shall be $[_].

                               [END OF ARTICLE II]

                                     - 9 -
<PAGE>

      IN WITNESS WHEREOF, the undersigned have caused this Terms Document to be
duly executed and delivered by their respective duly authorized officers on the
day and year first above written.

                                       WILMINGTON TRUST COMPANY,
                                          as Owner Trustee of
                                       ADVANTA BUSINESS CARD MASTER TRUST

                                       By: ______________________________
                                       Name:
                                       Title:

                                       DEUTSCHE BANK TRUST COMPANY AMERICAS,
                                          as Indenture Trustee

                                       By: ______________________________
                                       Name:
                                       Title:

             [Signature Page to Class A (200[_]-[_]) Terms Document]

                                     - 10 -
<PAGE>
                                                                     EXHIBIT E-2

                         FORM OF CLASS B TERMS DOCUMENT

================================================================================

                       ADVANTA BUSINESS CARD MASTER TRUST

                                    as Issuer

                                       and

                      DEUTSCHE BANK TRUST COMPANY AMERICAS

                              as Indenture Trustee

                       CLASS B (200[_]-[_]) TERMS DOCUMENT

                            dated as of [_] [_], [_]

                                       to

                       ADVANTASERIES INDENTURE SUPPLEMENT

                            dated as of [_] [_], [_]

                                       to

                                    INDENTURE

                           dated as of August 1, 2000

================================================================================
<PAGE>

                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                                                   PAGE
<S>                                                                                                                <C>
                                                       ARTICLE I
                                Definitions and Other Provisions of General Application

Section 1.01      Definitions.....................................................................................   3

Section 1.02      Governing Law...................................................................................   6

Section 1.03      Counterparts....................................................................................   6

Section 1.04      Ratification of Indenture and Indenture Supplement..............................................   6

                                                       ARTICLE II
                                             The Class B (200[_]-[_]) Notes

Section 2.01      Creation and Designation........................................................................   7

Section 2.02      Interest Payment................................................................................   7

Section 2.03      Determination of LIBOR..........................................................................   7

Section 2.04      Required Deposits of Available Principal Collections to the Principal Funding Account...........   7

Section 2.05      Payments of Interest and Principal..............................................................   8

Section 2.06      Cash Collateral Account.........................................................................   9

Section 2.07      Delivery and Payment for the Class B (200[_]-[_]) Notes; Form and Denomination..................   9

Section 2.08      Manner of Payment of Class B (200[_]-[_]) Notes.................................................   9

Section 2.09      Monthly Servicing Fee...........................................................................   9
</TABLE>

                                      -2-

<PAGE>

         CLASS B (200[_]-[_]) TERMS DOCUMENT, dated as of [_] [_], [_] (the
"TERMS DOCUMENT"), between WILMINGTON TRUST COMPANY, as Owner Trustee of ADVANTA
BUSINESS CARD MASTER TRUST, a common law trust organized and existing under the
laws of the State of Delaware (herein, the "ISSUER" or the "TRUST"), and
DEUTSCHE BANK TRUST COMPANY AMERICAS (formerly known as Bankers Trust Company),
a banking corporation organized and existing under the laws of the State of New
York, not in its individual capacity, but solely as indenture trustee (herein,
together with its successors in the trusts thereunder as provided in the Master
Indenture, the "INDENTURE TRUSTEE") under the Master Indenture, dated as of
August 1, 2000 (the "INDENTURE") between the Issuer and the Indenture Trustee.
This Terms Document supplements the AdvantaSeries Indenture Supplement, dated as
of [_] [_], [_], between the Issuer and the Indenture Trustee, which supplements
the Master Indenture.

         Pursuant to this Terms Document, the Issuer shall create a new tranche
of Class B Notes and shall specify the principal terms thereof.

                                    ARTICLE I
             Definitions and Other Provisions of General Application

         Section 1.01 Definitions. For all purposes of this Terms Document,
except as otherwise expressly provided or unless the context otherwise requires:

                           (1) the terms defined in this Article have the
meanings assigned to them in this Article, and include the plural as well as the
singular;

                           (2) all other terms used herein which are defined in
the Indenture Supplement or the Indenture, either directly or by reference
therein, have the meanings assigned to them therein;

                           (3) all accounting terms not otherwise defined herein
have the meanings assigned to them in accordance with generally accepted
accounting principles and, except as otherwise herein expressly provided, the
term "generally accepted accounting principles" with respect to any computation
required or permitted hereunder means such accounting principles as are
generally accepted in the United States of America at the date of such
computation;

                           (4) all references in this Terms Document to
designated "Articles," "Sections" and other subdivisions are to the designated
Articles, Sections and other subdivisions of this Terms Document;

                           (5) the words "herein," "hereof" and "hereunder" and
other words of similar import refer to this Terms Document as a whole and not to
any particular Article, Section or other subdivision;

                           (6) in the event that any term or provision contained
herein shall conflict with or be inconsistent with any term or provision
contained in the Indenture Supplement, the Indenture or the Transfer and
Servicing Agreement, the terms and provisions of this Terms Document shall be
controlling;

                                      -3-

<PAGE>

                           (7) each capitalized term defined herein shall relate
only to the Class B (200[_]-[_]) Notes and no other Tranche of Notes issued by
the Issuer; and

                           (8) "including" and words of similar import will be
deemed to be followed by "without limitation."

         "Accumulation Period Factor" shall mean, for the purpose of calculating
the Accumulation Period Length for the Class B (200[_]-[_]) Notes, with respect
to any Monthly Period, a fraction, the numerator of which is equal to the sum of
the initial invested amounts of all outstanding Series, and the denominator of
which is equal to the sum of (a) the Outstanding Principal Balance of Class B
(200[_]-[_]) Notes, (b) the initial invested amounts or outstanding principal
balances of all outstanding Series (other than the AdvantaSeries Class B
(200[_]-[_])), Classes and Tranches (without duplication) which are not expected
to be in their revolving periods, and (c) the initial invested amounts of
Outstanding Principal Balances of all other outstanding Series, Classes and
Tranches (without duplication) which are not allocating Shared Principal
Collections to other Series and are in their revolving periods; provided,
however, that this definition may be changed at any time if the Rating Agency
Condition is satisfied.

         "Accumulation Period Length" means the number of whole months such that
the sum of the Accumulation Period Factors for each month during such period
will be equal to or greater than the Required Accumulation Factor Number;
provided, however, that the Accumulation Period Length will not be determined to
be less than one month; provided further, however, that the determination of the
Accumulation Period Length may be changed at any time if the Rating Agency
Condition is satisfied.

         "Accumulation Shortfall" shall mean (a) on the first Payment Date
during the Controlled Accumulation Period, zero and (b) on each subsequent
Principal Payment Date during the Controlled Accumulation Period, the excess, if
any, of the Controlled Deposit Amount for the previous Payment Date over the
amount deposited into the Principal Funding Account pursuant to Section 2.04(b)
for the previous Principal Payment Date.

         "Class B (200[_]-[_]) Final Maturity Date" means [_] [_], [_].

         "Class B (200[_]-[_]) Note" means any Note, substantially in the form
set forth in Exhibit A-2 to the Indenture Supplement, designated therein as a
Class B (200[_]-[_]) Note and duly executed and authenticated in accordance with
the Indenture.

         "Class B (200[_]-[_]) Noteholder" means a Person in whose name a Class
B (200[_]-[_]) Note is registered in the Note Register.

         "Class B (200[_]-[_]) Termination Date" means the earliest to occur of
(a) the Principal Payment Date on which the Outstanding Principal Balance of the
Class B (200[_]-[_]) Notes is paid in full, (b) the Class B (200[_]-[_]) Final
Maturity Date and (c) the date on which the Indenture is discharged and
satisfied pursuant to Article XI thereof.

         "Closing Date" means [_] [_], [_].

                                      -4-

<PAGE>

         "Controlled Accumulation Amount" shall mean, for any Principal Payment
Date occurring during the Accumulation Period, $[_]; provided, however, that if
the Accumulation Period Length is determined to be less than 8 months pursuant
to subsection 2.04(a), the Controlled Accumulation Amount for each Principal
Payment Date with respect to the Accumulation Period will be equal to (i) the
Outstanding Principal Balance of the Class B (200[_]-[_]) Notes divided by (ii)
the Accumulation Period Length.

         "Controlled Accumulation Period" shall mean, unless a Pay Out Event
shall have occurred prior thereto, the period commencing at the close of
business on [_] [_], [_], or such later date as is determined in accordance with
subsection 2.04(d), and ending on the first to occur of (a) the commencement of
the Early Amortization Period, (b) the payment in full of the Outstanding
Principal Balance of the Class B (200[_]-[_]) Notes and (c) the Class B
(200[_]-[_]) Final Maturity Date.

         "Controlled Deposit Amount" means, for any Payment Date occurring
during the Controlled Accumulation Period, an amount equal to the sum of the
Controlled Accumulation Amount for such Payment Date and any existing
Accumulation Shortfall.

         "Covered Amount" means, for any Interest Payment Date, an amount, equal
to the product of (i) a fraction, the numerator of which is [the actual number
of days in the related Interest Period] [30] and the denominator of which is
360, multiplied by (ii) the Note Interest Rate in effect with respect to such
Interest Period, multiplied by (iii) the aggregate amount on deposit in the
Principal Funding Sub-Account for the Class B (200[_]-[_]) Notes (prior to
giving effect to any deposits to be made on such date).

         "Expected Final Principal Payment Date" means [_] [_], [_].

         "Initial Principal Balance" means $[_].

         "Indenture" means the Indenture dated as of August 1, 2000, by and
between the Issuer and the Indenture Trustee, as amended and supplemented from
time to time.

         "Indenture Supplement" means the AdvantaSeries Indenture Supplement
dated as of [_] [_], [_], by and between the Issuer and the Indenture Trustee,
as amended and supplemented from time to time.

         "Interest Payment Date" means the scheduled due date of any payment of
interest on the Class B (200[_]-[_]) Notes, which shall be [each Payment Date].
The first Interest Payment Date shall be [_] [_], [_].

         "LIBOR" means, for any Interest Period, the London interbank offered
rate for one month United States dollar deposits determined by the Indenture
Trustee on the LIBOR Determination Date for each Interest Period in accordance
with the provisions of Section 2.04.

         "LIBOR Determination Date" shall mean (a) with respect to the first
Interest Payment Date, (i) [_] [_], [_] for the period from and including the
Closing Date through and including [_] [_], [_] and (ii) [_] [_], [_] for the
period from and including [_] [_], [_] through and including [_] [_], [_] and
(b) with respect to any Interest Payment Date after the first Interest Payment
Date,

                                      -5-

<PAGE>

the second London Business Day prior to the commencement of the second and each
subsequent Interest Period.

         "London Business Day" means any Business Day on which dealings in
deposits in United States Dollars are transacted in the London interbank market.

         "Note Interest Rate" means a rate per annum equal to [[_]% in excess of
LIBOR as determined by the Indenture Trustee on the related LIBOR Determination
Date with respect to each Interest Period] [[_]% per year].

         "Paying Agent" means Deutsche Bank Trust Company Americas.

         "Reference Banks" means three major banks in the London interbank
market selected by the Servicer.

         "Required Accumulation Factor Number" shall be equal to a fraction,
rounded upwards to the nearest whole number, the numerator of which is one and
the denominator of which is equal to the lowest monthly principal payment rate
on the Accounts, expressed as a decimal, for the twelve months preceding the
date of such calculation; provided, however, that this definition may be changed
at any time if the Rating Agency Condition is satisfied.

         "Telerate Page 3750" means the display page currently so designated on
the Bridge Telerate Market Report (or such other page as may replace that page
on that service for the purpose of displaying comparable rates or prices).

         Section 1.02 Governing Law. THIS TERMS DOCUMENT WILL BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, INCLUDING
SECTION 5-1401 OF THE GENERAL OBLIGATION LAW, WITHOUT REFERENCE TO ITS CONFLICT
OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES
HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

         Section 1.03 Counterparts. This Terms Document may be executed in any
number of counterparts, each of which so executed will be deemed to be an
original, but all such counterparts will together constitute but one and the
same instrument.

         Section 1.04 Ratification of Indenture and Indenture Supplement. As
supplemented by this Terms Document, each of the Indenture and the Indenture
Supplement is in all respects ratified and confirmed and the Indenture as so
supplemented by the Indenture Supplement and this Terms Document shall be read,
taken and construed as one and the same instrument.

                               [END OF ARTICLE I]

                                      -6-

<PAGE>

                                   ARTICLE II
                         The Class B (200[_]-[_]) Notes

         Section 2.01 Creation and Designation. There is hereby created a
tranche of AdvantaSeries Class B Notes to be issued pursuant to the Indenture
and the Indenture Supplement to be known as the "AdvantaSeries Class B
(200[_]-[_]) Notes."

         Section 2.02 Interest Payment. For each Interest Payment Date, the
amount of interest due and payable with respect to the Class B (200[_]-[_])
Notes shall be an amount equal to the product of (i) (A) a fraction, the
numerator of which is the actual number of days in the related Interest Period
and the denominator of which is 360, multiplied by (B) the Note Interest Rate
[in effect with respect to the related Interest Period], multiplied by (ii) the
Outstanding Principal Balance of the Class B (200[_]-[_]) Notes determined as of
the Record Date preceding the related Interest Payment Date. Any interest on the
Class B (200[_]-[_]) Notes will be calculated on the basis of the actual number
of days in the related Interest Period and a 360-day year.

         Section 2.03 Determination of LIBOR.

         (a) On each LIBOR Determination Date, the Indenture Trustee shall
determine LIBOR on the basis of the rate for deposits in United States dollars
having a maturity of one-month period commencing on such LIBOR Determination
Date which appears on Telerate Page 3750 as of 11:00 a.m., London time, on such
date. If such rate does not appear on Telerate Page 3750, LIBOR for that LIBOR
Determination Date shall be determined on the basis of the rates at which
deposits in United States dollars are offered by the Reference Banks at
approximately 11:00 a.m., London time, on that day to prime banks in the London
interbank market for a one-month period and in an amount of not less than
$1,000,000. The Indenture Trustee shall request the principal London office of
each of the Reference Banks to provide a quotation of its rate. If at least two
(2) such quotations are provided, LIBOR for that LIBOR Determination Date shall
be the arithmetic mean of the quotations. If fewer than two (2) quotations are
provided as requested, LIBOR for that LIBOR Determination Date will be the
arithmetic mean of the rates quoted by major banks in New York City, selected by
the Servicer, at approximately 11:00 a.m., New York City time, on that day for
loans in United States dollars to leading European banks for a one-month period
and in an amount of not less than U.S. $1,000,000; provided, that, if the banks
selected by the Servicer are not quoting such rates, LIBOR for that LIBOR
Determination Date will be the same as LIBOR for the immediately preceding LIBOR
Determination Date.

         (b) The Note Interest Rate applicable to the then current and the
immediately preceding Interest Periods may be obtained by telephoning the
Indenture Trustee at its corporate trust office at (___) ___-____ or such other
telephone number as shall be designated by the Indenture Trustee for such
purpose by prior written notice by the Indenture Trustee to each Noteholder from
time to time.

         (c) On each LIBOR Determination Date, the Indenture Trustee shall send
to the Transferor, by facsimile transmission, notification of LIBOR for the
following Interest Period.

         Section 2.04 Required Deposits of Available Principal Collections to
the Principal Funding Account. With respect to any Monthly Period, the amount to
be deposited in the

                                      -7-

<PAGE>

Principal Funding Sub-Account will be the amount determined pursuant to clause
(a), (b) or (c) below for such Monthly Period, as applicable, or if more than
one such clause is applicable, the highest amount determined pursuant to any one
of such clauses; provided, however, in no case shall the amount required to be
deposited exceed the Class B [_] Adjusted Invested Amount (calculated
immediately before giving effect to such deposit but after giving effect to any
Investor Charge-Offs and any reallocations of principal on such date).

         (a) Accumulation Period. On each Payment Date during the Controlled
Accumulation Period, an amount equal to the Controlled Deposit Amount for the
related Monthly Period shall be deposited into the Principal Funding Sub-Account
for the Class B (200[_]-[_]) Notes. The Controlled Accumulation Period is
scheduled to commence at the close of business on [_] [_], [_]; provided,
however, that, if the Accumulation Period Length is less than 8 months, the date
on which the Controlled Accumulation Period actually commences will be delayed
to the first Business Day of the month that is the number of whole months prior
to the Expected Final Principal Payment Date at least equal to the Accumulation
Period Length and, as a result, the number of Monthly Periods in the Controlled
Accumulation Period will at least equal the Accumulation Period Length. On the
Determination Date immediately preceding the Accumulation Reserve Account
Funding Date, and each Determination Date thereafter until the Controlled
Accumulation Period begins, the Servicer will determine the Accumulation Period
Length.

         (b) Early Amortization Period. On each Payment Date during an Early
Amortization Period, an amount equal to the Class B [_] Adjusted Invested Amount
as of the close of business on the last day of the preceding Monthly Period
(after taking into account any reallocations, payments or deposits on the
following Payment Date) shall be distributed to the Paying Agent for payment to
the Class B [_] Noteholders.

         (c) Coverage Funding of the Principal Funding Account of Senior
Classes. If the Issuer determines as of the end of the preceding Monthly Period
with respect to the Class B (200[_]-[_]) Notes, that, after giving effect to all
allocations and payments with respect to that Monthly Period, the Coverage
Funding Required Amount of the Class B (200[_]-[_]) Notes will be greater than
zero, the required deposit to the Principal Funding Sub-Account for the Class B
(200[_]-[_]) Notes will be the Coverage Funding Required Amount for such Class B
(200[_]-[_]) Notes.

         (d) On the earlier to occur of (i) the first Payment Date during the
Early Amortization Period and (ii) the Expected Final Principal Payment Date,
the Indenture Trustee, acting in accordance with written instructions from the
Servicer, shall withdraw from the Principal Funding Sub-Account for the Class B
(200[_]-[_]) Notes and distribute to the Paying Agent for payment to the Class B
(200[_]-[_]) Noteholders the amounts deposited into the Principal Funding
Sub-Account for the Class B (200[_]-[_]) Notes pursuant to Section 2.04(a) and
(c).

         Section 2.05 Payments of Interest and Principal.

         (a) Any installment of interest or principal, if any, payable on any
Class B (200[_]-[_]) Note which is punctually paid or duly provided for by the
Issuer and the Indenture Trustee on the applicable Interest Payment Date or
Principal Payment Date shall be paid by the Paying

                                      -8-

<PAGE>

Agent to the Person in whose name such Class B (200[_]-[_]) Note (or one or more
Predecessor Notes) is registered on the Record Date, by wire transfer of
immediately available funds to such Person's account as has been designated by
written instructions received by the Paying Agent from such Person not later
than the close of business on the third Business Day preceding the date of
payment or, if no such account has been so designated, by check mailed
first-class, postage prepaid to such Person's address as it appears on the Note
Register on such Record Date, except that with respect to Notes registered on
the Record Date in the name of the nominee of Cede & Co., payment shall be made
by wire transfer in immediately available funds to the account designated by
such nominee.

         (b) The right of the Class B (200[_]-[_]) Noteholders to receive
payments from the Issuer will terminate on the first Business Day following the
Class B (200[_]-[_]) Termination Date.

         Section 2.06 Cash Collateral Account. In accordance with Section 4.24
of the Indenture Supplement, on or prior to the Closing Date, the Transferor
shall cause to be deposited funds into the Cash Collateral Account such that
after such deposit the Available Cash Collateral Account Amount is equal to the
Required Cash Collateral Account Amount.

         Section 2.07 Delivery and Payment for the Class B (200[_]-[_]) Notes;
Form and Denomination.

         (a) The Issuer shall execute and issue, and the Indenture Trustee shall
authenticate, the Class B (200[_]-[_]) Notes in accordance with Section 2.03 of
the Indenture. The Indenture Trustee shall deliver the Class B (200[_]-[_])
Notes to or upon the order of the Issuer when so authenticated. The Class B
(200[_]-[_]) Notes shall be Book-Entry Notes.

         (b) The Depository for the Class B (200[_]-[_]) Notes shall be The
Depository Trust Company, and the Class B (200[_]-[_]) Notes shall initially be
registered in the name of Cede & Co., its nominee.

         (c) The Class B (200[_]-[_]) Notes will be issued in minimum
denominations of $[_] and integral multiples of that amount.

         Section 2.08 Manner of Payment of Class B (200[_]-[_]) Notes. Except as
provided in Section 11.02 of the Indenture with respect to a final distribution,
distributions to Class B (200[_]-[_]) Noteholders hereunder shall be made by (i)
check mailed to each Class B (200[_]-[_]) Noteholder (at such Noteholder's
address as it appears in the Note Register), except that with respect to any
Class B (200[_]-[_]) Notes registered in the name of the nominee of a Clearing
Agency, such payment shall be made in immediately available funds and (ii)
without presentation or surrender of any Class B (200[_]-[_]) Note or the making
of any notation thereon.

         Section 2.09 Monthly Servicing Fee. In accordance with Section 3.01(a)
of the Indenture Supplement, with respect to the __________, 20__ Payment Date,
the AdvantaSeries Monthly Servicing Fee allocated to the Class B (200[_]-[_])
Notes shall be $[_].

                               [END OF ARTICLE II]

                                      -9-

<PAGE>

         IN WITNESS WHEREOF, the undersigned have caused this Terms Document to
be duly executed and delivered by their respective duly authorized officers on
the day and year first above written.

                                           WILMINGTON TRUST COMPANY,
                                                as Owner Trustee of
                                           ADVANTA BUSINESS CARD MASTER TRUST

                                           By:      ____________________________
                                           Name:
                                           Title:

                                           DEUTSCHE BANK TRUST COMPANY AMERICAS,
                                                as Indenture Trustee

                                           By:      ____________________________
                                           Name:
                                           Title:

             [Signature Page to Class B (200[_]-[_]) Terms Document]

                                      -10-

<PAGE>
                                                                     EXHIBIT E-3

                         FORM OF CLASS C TERMS DOCUMENT

================================================================================

                       ADVANTA BUSINESS CARD MASTER TRUST

                                    as Issuer

                                       and

                      DEUTSCHE BANK TRUST COMPANY AMERICAS

                              as Indenture Trustee

                       CLASS C (200[_]-[_]) TERMS DOCUMENT

                            dated as of [_] [_], [_]

                                       to

                       ADVANTASERIES INDENTURE SUPPLEMENT

                            dated as of [_] [_], [_]

                                       to

                                    INDENTURE

                           dated as of August 1, 2000

================================================================================
<PAGE>

                               TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                                                   PAGE
<S>                                                                                                                <C>
                                                       ARTICLE I
                                Definitions and Other Provisions of General Application

Section 1.01          Definitions.................................................................................   3

Section 1.02          Governing Law...............................................................................   6

Section 1.03          Counterparts................................................................................   6

Section 1.04          Ratification of Indenture and Indenture Supplement..........................................   6

                                                       ARTICLE II
                                             The Class C (200[_]-[_]) Notes

Section 2.01          Creation and Designation....................................................................   7

Section 2.02          Interest Payment............................................................................   7

Section 2.03          Determination of LIBOR......................................................................   7

Section 2.04          Required Deposits of Available Principal Collections to the Principal Funding Account.......   7

Section 2.05          Payments of Interest and Principal..........................................................   8

Section 2.06          Cash Collateral Account.....................................................................   9

Section 2.07          Delivery and Payment for the Class C (200[_]-[_]) Notes; Form and Denomination..............   9

Section 2.08          Manner of Payment of Class C (200[_]-[_]) Notes.............................................   9

Section 2.09          Monthly Servicing Fee.......................................................................   9
</TABLE>

                                      -2-

<PAGE>

         CLASS C (200[_]-[_]) TERMS DOCUMENT, dated as of [_] [_], [_] (the
"TERMS DOCUMENT"), between WILMINGTON TRUST COMPANY, as Owner Trustee of ADVANTA
BUSINESS CARD MASTER TRUST, a common law trust organized and existing under the
laws of the State of Delaware (herein, the "ISSUER" or the "TRUST"), and
DEUTSCHE BANK TRUST COMPANY AMERICAS (formerly known as Bankers Trust Company),
a banking corporation organized and existing under the laws of the State of New
York, not in its individual capacity, but solely as indenture trustee (herein,
together with its successors in the trusts thereunder as provided in the Master
Indenture, the "INDENTURE TRUSTEE") under the Master Indenture, dated as of
August 1, 2000 (the "INDENTURE") between the Issuer and the Indenture Trustee.
This Terms Document supplements the AdvantaSeries Indenture Supplement, dated as
of [_] [_], [_], between the Issuer and the Indenture Trustee, which supplements
the Master Indenture.

         Pursuant to this Terms Document, the Issuer shall create a new tranche
of Class C Notes and shall specify the principal terms thereof.

                                    ARTICLE I
             Definitions and Other Provisions of General Application

         Section 1.01 Definitions. For all purposes of this Terms Document,
except as otherwise expressly provided or unless the context otherwise requires:

                           (1) the terms defined in this Article have the
meanings assigned to them in this Article, and include the plural as well as the
singular;

                           (2) all other terms used herein which are defined in
the Indenture Supplement or the Indenture, either directly or by reference
therein, have the meanings assigned to them therein;

                           (3) all accounting terms not otherwise defined herein
have the meanings assigned to them in accordance with generally accepted
accounting principles and, except as otherwise herein expressly provided, the
term "generally accepted accounting principles" with respect to any computation
required or permitted hereunder means such accounting principles as are
generally accepted in the United States of America at the date of such
computation;

                           (4) all references in this Terms Document to
designated "Articles," "Sections" and other subdivisions are to the designated
Articles, Sections and other subdivisions of this Terms Document;

                           (5) the words "herein," "hereof" and "hereunder" and
other words of similar import refer to this Terms Document as a whole and not to
any particular Article, Section or other subdivision;

                           (6) in the event that any term or provision contained
herein shall conflict with or be inconsistent with any term or provision
contained in the Indenture Supplement, the Indenture or the Transfer and
Servicing Agreement, the terms and provisions of this Terms Document shall be
controlling;

                                      -3-

<PAGE>

                           (7) each capitalized term defined herein shall relate
only to the Class C (200[_]-[_]) Notes and no other Tranche of Notes issued by
the Issuer; and

                           (8) "including" and words of similar import will be
deemed to be followed by "without limitation."

         "Accumulation Period Factor" shall mean, for the purpose of calculating
the Accumulation Period Length for the Class C (200[_]-[_]) Notes, with respect
to any Monthly Period, a fraction, the numerator of which is equal to the sum of
the initial invested amounts of all outstanding Series, and the denominator of
which is equal to the sum of (a) the Outstanding Principal Balance of Class C
(200[_]-[_]) Notes, (b) the initial invested amounts or outstanding principal
balances of all outstanding Series (other than the AdvantaSeries Class C
(200[_]-[_])), Classes and Tranches (without duplication) which are not expected
to be in their revolving periods, and (c) the initial invested amounts of
Outstanding Principal Balances of all other outstanding Series, Classes and
Tranches (without duplication) which are not allocating Shared Principal
Collections to other Series and are in their revolving periods; provided,
however, that this definition may be changed at any time if the Rating Agency
Condition is satisfied.

         "Accumulation Period Length" means the number of whole months such that
the sum of the Accumulation Period Factors for each month during such period
will be equal to or greater than the Required Accumulation Factor Number;
provided, however, that the Accumulation Period Length will not be determined to
be less than one month; provided further, however, that the determination of the
Accumulation Period Length may be changed at any time if the Rating Agency
Condition is satisfied.

         "Accumulation Shortfall" shall mean (a) on the first Payment Date
during the Controlled Accumulation Period, zero and (b) on each subsequent
Principal Payment Date during the Controlled Accumulation Period, the excess, if
any, of the Controlled Deposit Amount for the previous Payment Date over the
amount deposited into the Principal Funding Account pursuant to Section 2.04(b)
for the previous Principal Payment Date.

         "Class C (200[_]-[_]) Final Maturity Date" means [_] [_], [_].

         "Class C (200[_]-[_]) Note" means any Note, substantially in the form
set forth in Exhibit A-3 to the Indenture Supplement, designated therein as a
Class C (200[_]-[_]) Note and duly executed and authenticated in accordance with
the Indenture.

         "Class C (200[_]-[_]) Noteholder" means a Person in whose name a Class
C (200[_]-[_]) Note is registered in the Note Register.

         "Class C (200[_]-[_]) Termination Date" means the earliest to occur of
(a) the Principal Payment Date on which the Outstanding Principal Balance of the
Class C (200[_]-[_]) Notes is paid in full, (b) the Class C (200[_]-[_]) Final
Maturity Date and (c) the date on which the Indenture is discharged and
satisfied pursuant to Article XI thereof.

         "Closing Date" means [_] [_], [_].

                                      -4-

<PAGE>

         "Controlled Accumulation Amount" shall mean, for any Principal Payment
Date occurring during the Accumulation Period, $[_]; provided, however, that if
the Accumulation Period Length is determined to be less than 8 months pursuant
to subsection 2.04(a), the Controlled Accumulation Amount for each Principal
Payment Date with respect to the Accumulation Period will be equal to (i) the
Outstanding Principal Balance of the Class C (200[_]-[_]) Notes divided by (ii)
the Accumulation Period Length.

         "Controlled Accumulation Period" shall mean, unless a Pay Out Event
shall have occurred prior thereto, the period commencing at the close of
business on [_] [_], [_] or such later date as is determined in accordance with
subsection 2.04(d), and ending on the first to occur of (a) the commencement of
the Early Amortization Period, (b) the payment in full of the Outstanding
Principal Balance of the Class C (200[_]-[_]) Notes and (c) the Class C
(200[_]-[_]) Final Maturity Date.

         "Controlled Deposit Amount" means, for any Payment Date occurring
during the Controlled Accumulation Period, an amount equal to the sum of the
Controlled Accumulation Amount for such Payment Date and any existing
Accumulation Shortfall.

         "Covered Amount" means, for any Interest Payment Date, an amount, equal
to the product of (i) a fraction, the numerator of which is [the actual number
of days in the related Interest Period] [30] and the denominator of which is
360, multiplied by (ii) the Note Interest Rate in effect with respect to such
Interest Period, multiplied by (iii) the aggregate amount on deposit in the
Principal Funding Sub-Account for the Class C (200[_]-[_]) Notes (prior to
giving effect to any deposits to be made on such date).

         "Expected Final Principal Payment Date" means [_] [_], [_].

         "Initial Principal Balance" means $[_].

         "Indenture" means the Indenture dated as of August 1, 2000, by and
between the Issuer and the Indenture Trustee, as amended and supplemented from
time to time.

         "Indenture Supplement" means the AdvantaSeries Indenture Supplement
dated as of [_] [_], [_], by and between the Issuer and the Indenture Trustee,
as amended and supplemented from time to time.

         "Interest Payment Date" means the scheduled due date of any payment of
interest on the Class C (200[_]-[_]) Notes, which shall be [each Payment Date].
The first Interest Payment Date shall be [_] [_], [_].

         "LIBOR" means, for any Interest Period, the London interbank offered
rate for one month United States dollar deposits determined by the Indenture
Trustee on the LIBOR Determination Date for each Interest Period in accordance
with the provisions of Section 2.04.

         "LIBOR Determination Date" shall mean (a) with respect to the first
Interest Payment Date, (i) [_] [_], [_] for the period from and including the
Closing Date through and including [_] [_], [_] and (ii) [_] [_], [_] for the
period from and including [_] [_], [_] through and including [_] [_], [_] and
(b) with respect to any Interest Payment Date after the first Interest Payment
Date, the

                                      -5-

<PAGE>

second London Business Day prior to the commencement of the second and each
subsequent Interest Period.

         "London Business Day" means any Business Day on which dealings in
deposits in United States Dollars are transacted in the London interbank market.

         "Note Interest Rate" means a rate per annum equal to [[_]% in excess of
LIBOR as determined by the Indenture Trustee on the related LIBOR Determination
Date with respect to each Interest Period] [[_]% per year].

         "Paying Agent" means Deutsche Bank Trust Company Americas.

         "Reference Banks" means three major banks in the London interbank
market selected by the Servicer.

         "Required Accumulation Factor Number" shall be equal to a fraction,
rounded upwards to the nearest whole number, the numerator of which is one and
the denominator of which is equal to the lowest monthly principal payment rate
on the Accounts, expressed as a decimal, for the twelve months preceding the
date of such calculation; provided, however, that this definition may be changed
at any time if the Rating Agency Condition is satisfied.

         "Telerate Page 3750" means the display page currently so designated on
the Bridge Telerate Market Report (or such other page as may replace that page
on that service for the purpose of displaying comparable rates or prices).

         Section 1.02 Governing Law. THIS TERMS DOCUMENT WILL BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, INCLUDING
SECTION 5-1401 OF THE GENERAL OBLIGATION LAW, WITHOUT REFERENCE TO ITS CONFLICT
OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES
HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

         Section 1.03 Counterparts. This Terms Document may be executed in any
number of counterparts, each of which so executed will be deemed to be an
original, but all such counterparts will together constitute but one and the
same instrument.

         Section 1.04 Ratification of Indenture and Indenture Supplement. As
supplemented by this Terms Document, each of the Indenture and the Indenture
Supplement is in all respects ratified and confirmed and the Indenture as so
supplemented by the Indenture Supplement and this Terms Document shall be read,
taken and construed as one and the same instrument.

                               [END OF ARTICLE I]

                                      -6-

<PAGE>

                                   ARTICLE II
                         The Class C (200[_]-[_]) Notes

         Section 2.01 Creation and Designation. There is hereby created a
tranche of AdvantaSeries Class C Notes to be issued pursuant to the Indenture
and the Indenture Supplement to be known as the "AdvantaSeries Class C
(200[_]-[_]) Notes."

         Section 2.02 Interest Payment. For each Interest Payment Date, the
amount of interest due and payable with respect to the Class C (200[_]-[_])
Notes shall be an amount equal to the product of (i) (A) a fraction, the
numerator of which is the actual number of days in the related Interest Period
and the denominator of which is 360, multiplied by (B) the Note Interest Rate
[in effect with respect to the related Interest Period], multiplied by (ii) the
Outstanding Principal Balance of the Class C (200[_]-[_]) Notes determined as of
the Record Date preceding the related Interest Payment Date. Any interest on the
Class C (200[_]-[_]) Notes will be calculated on the basis of the actual number
of days in the related Interest Period and a 360-day year.

         Section 2.03 Determination of LIBOR.

         (a) On each LIBOR Determination Date, the Indenture Trustee shall
determine LIBOR on the basis of the rate for deposits in United States dollars
having a maturity of one-month period commencing on such LIBOR Determination
Date which appears on Telerate Page 3750 as of 11:00 a.m., London time, on such
date. If such rate does not appear on Telerate Page 3750, LIBOR for that LIBOR
Determination Date shall be determined on the basis of the rates at which
deposits in United States dollars are offered by the Reference Banks at
approximately 11:00 a.m., London time, on that day to prime banks in the London
interbank market for a one-month period and in an amount of not less than
$1,000,000. The Indenture Trustee shall request the principal London office of
each of the Reference Banks to provide a quotation of its rate. If at least two
(2) such quotations are provided, LIBOR for that LIBOR Determination Date shall
be the arithmetic mean of the quotations. If fewer than two (2) quotations are
provided as requested, LIBOR for that LIBOR Determination Date will be the
arithmetic mean of the rates quoted by major banks in New York City, selected by
the Servicer, at approximately 11:00 a.m., New York City time, on that day for
loans in United States dollars to leading European banks for a one-month period
and in an amount of not less than U.S. $1,000,000; provided, that, if the banks
selected by the Servicer are not quoting such rates, LIBOR for that LIBOR
Determination Date will be the same as LIBOR for the immediately preceding LIBOR
Determination Date.

         (b) The Note Interest Rate applicable to the then current and the
immediately preceding Interest Periods may be obtained by telephoning the
Indenture Trustee at its corporate trust office at (___) ___-____ or such other
telephone number as shall be designated by the Indenture Trustee for such
purpose by prior written notice by the Indenture Trustee to each Noteholder from
time to time.

         (c) On each LIBOR Determination Date, the Indenture Trustee shall send
to the Transferor, by facsimile transmission, notification of LIBOR for the
following Interest Period.

         Section 2.04 Required Deposits of Available Principal Collections to
the Principal Funding Account. With respect to any Monthly Period, the amount to
be deposited in the

                                      -7-

<PAGE>

Principal Funding Sub-Account will be the amount determined pursuant to clause
(a), (b) or (c) below for such Monthly Period, as applicable, or if more than
one such clause is applicable, the highest amount determined pursuant to any one
of such clauses; provided, however, in no case shall the amount required to be
deposited exceed the Class C [_] Adjusted Invested Amount (calculated
immediately before giving effect to such deposit but after giving effect to any
Investor Charge-Offs and any reallocations of principal on such date).

         (a) Accumulation Period. On each Payment Date during the Controlled
Accumulation Period, an amount equal to the Controlled Deposit Amount for the
related Monthly Period shall be deposited into the Principal Funding Sub-Account
for the Class C (200[_]-[_]) Notes. The Controlled Accumulation Period is
scheduled to commence at the close of business on [_] [_], [_]; provided,
however, that, if the Accumulation Period Length is less than 8 months, the date
on which the Controlled Accumulation Period actually commences will be delayed
to the first Business Day of the month that is the number of whole months prior
to the Expected Final Principal Payment Date at least equal to the Accumulation
Period Length and, as a result, the number of Monthly Periods in the Controlled
Accumulation Period will at least equal the Accumulation Period Length. On the
Determination Date immediately preceding the Accumulation Reserve Account
Funding Date, and each Determination Date thereafter until the Controlled
Accumulation Period begins, the Servicer will determine the Accumulation Period
Length.

         (b) Early Amortization Period. On each Payment Date during an Early
Amortization Period, an amount equal to the Class C [_] Adjusted Invested Amount
as of the close of business on the last day of the preceding Monthly Period
(after taking into account any reallocations, payments or deposits on the
following Payment Date) shall be distributed to the Paying Agent for payment to
the Class C [_] Noteholders.

         (c) Coverage Funding of the Principal Funding Account of Senior
Classes. If the Issuer determines as of the end of the preceding Monthly Period
with respect to the Class C (200[_]-[_]) Notes, that, after giving effect to all
allocations and payments with respect to that Monthly Period, the Coverage
Funding Required Amount of the Class C (200[_]-[_]) Notes will be greater than
zero, the required deposit to the Principal Funding Sub-Account for the Class C
(200[_]-[_]) Notes will be the Coverage Funding Required Amount for such Class C
(200[_]-[_]) Notes.

         (d) On the earlier to occur of (i) the first Payment Date during the
Early Amortization Period and (ii) the Expected Final Principal Payment Date,
the Indenture Trustee, acting in accordance with written instructions from the
Servicer, shall withdraw from the Principal Funding Sub-Account for the Class C
(200[_]-[_]) Notes and distribute to the Paying Agent for payment to the Class C
(200[_]-[_]) Noteholders the amounts deposited into the Principal Funding
Sub-Account for the Class C (200[_]-[_]) Notes pursuant to Section 2.04(a) and
(c).

         Section 2.05 Payments of Interest and Principal.

         (a) Any installment of interest or principal, if any, payable on any
Class C (200[_]-[_]) Note which is punctually paid or duly provided for by the
Issuer and the Indenture Trustee on the applicable Interest Payment Date or
Principal Payment Date shall be paid by the Paying

                                      -8-

<PAGE>

Agent to the Person in whose name such Class C (200[_]-[_]) Note (or one or more
Predecessor Notes) is registered on the Record Date, by wire transfer of
immediately available funds to such Person's account as has been designated by
written instructions received by the Paying Agent from such Person not later
than the close of business on the third Business Day preceding the date of
payment or, if no such account has been so designated, by check mailed
first-class, postage prepaid to such Person's address as it appears on the Note
Register on such Record Date, except that with respect to Notes registered on
the Record Date in the name of the nominee of Cede & Co., payment shall be made
by wire transfer in immediately available funds to the account designated by
such nominee.

         (b) The right of the Class C (200[_]-[_]) Noteholders to receive
payments from the Issuer will terminate on the first Business Day following the
Class C (200[_]-[_]) Termination Date.

         Section 2.06 Cash Collateral Account. In accordance with Section 4.24
of the Indenture Supplement, on or prior to the Closing Date, the Transferor
shall cause to be deposited funds into the Cash Collateral Account such that
after such deposit the Available Cash Collateral Account Amount is equal to the
Required Cash Collateral Account Amount.

         Section 2.07 Delivery and Payment for the Class C (200[_]-[_]) Notes;
Form and Denomination.

         (a) The Issuer shall execute and issue, and the Indenture Trustee shall
authenticate, the Class C (200[_]-[_]) Notes in accordance with Section 2.03 of
the Indenture. The Indenture Trustee shall deliver the Class C (200[_]-[_])
Notes to or upon the order of the Issuer when so authenticated. The Class C
(200[_]-[_]) Notes shall be Book-Entry Notes.

         (b) The Depository for the Class C (200[_]-[_]) Notes shall be The
Depository Trust Company, and the Class C (200[_]-[_]) Notes shall initially be
registered in the name of Cede & Co., its nominee.

         (c) The Class C (200[_]-[_]) Notes will be issued in minimum
denominations of $[_] and integral multiples of that amount.

         Section 2.08 Manner of Payment of Class C (200[_]-[_]) Notes. Except as
provided in Section 11.02 of the Indenture with respect to a final distribution,
distributions to Class C (200[_]-[_]) Noteholders hereunder shall be made by (i)
check mailed to each Class C (200[_]-[_]) Noteholder (at such Noteholder's
address as it appears in the Note Register), except that with respect to any
Class C (200[_]-[_]) Notes registered in the name of the nominee of a Clearing
Agency, such payment shall be made in immediately available funds and (ii)
without presentation or surrender of any Class C (200[_]-[_]) Note or the making
of any notation thereon.

         Section 2.09 Monthly Servicing Fee. In accordance with Section 3.01(a)
of the Indenture Supplement, with respect to the __________, 20__ Payment Date,
the AdvantaSeries Monthly Servicing Fee allocated to the Class C (200[_]-[_])
Notes shall be $[_].

                               [END OF ARTICLE II]

                                      -9-

<PAGE>

IN WITNESS WHEREOF, the undersigned have caused this Terms Document to be duly
executed and delivered by their respective duly authorized officers on the day
and year first above written.

                                           WILMINGTON TRUST COMPANY,
                                                as Owner Trustee of
                                           ADVANTA BUSINESS CARD MASTER TRUST

                                           By:      ____________________________
                                           Name:
                                           Title:

                                           DEUTSCHE BANK TRUST COMPANY AMERICAS,
                                                as Indenture Trustee

                                           By:      ____________________________
                                           Name:
                                           Title:

             [Signature Page to Class C (200[_]-[_]) Terms Document]

                                      -10-
<PAGE>

                                                                     EXHIBIT E-4

                         FORM OF CLASS D TERMS DOCUMENT

--------------------------------------------------------------------------------

                       ADVANTA BUSINESS CARD MASTER TRUST

                                    as Issuer

                                       and

                      DEUTSCHE BANK TRUST COMPANY AMERICAS

                              as Indenture Trustee

                       CLASS D (200[_]-[_]) TERMS DOCUMENT

                            dated as of [_] [_], [_]

                                       to

                       ADVANTASERIES INDENTURE SUPPLEMENT

                            dated as of [_] [_], [_]

                                       to

                                    INDENTURE

                           dated as of August 1, 2000

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                               TABLE OF CONTENTS

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                                    ARTICLE I
                Definitions and Other Provisions of General Application

Section 1.01    Definitions.....................................................................    3

Section 1.02    Governing Law...................................................................    6

Section 1.03    Counterparts....................................................................    6

Section 1.04    Ratification of Indenture and Indenture Supplement..............................    6

                                   ARTICLE II
                         The Class D (200[_]-[_]) Notes

Section 2.01    Creation and Designation........................................................    7

Section 2.02    Interest Payment; Margin Percentage.............................................    7

Section 2.03    Determination of LIBOR..........................................................    7

Section 2.04    Required Deposits of Available Principal Collections to the
                Principal Funding Account.......................................................    8

Section 2.05    Payments of Interest and Principal..............................................    9

Section 2.06    Cash Collateral Account.........................................................    9

Section 2.07    Delivery and Payment for the Class D (200[_]-[_]) Notes; Form and
                Denomination....................................................................    9

Section 2.08    Manner of Payment of Class D (200[_]-[_]) Notes.................................    9

Section 2.09    Monthly Servicing Fee...........................................................   10

Section 2.10    Additional Requirements for Registration of and Limitations on
                Transfer and Exchange of Class D (200[_]-[_]) Notes.............................   10
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      CLASS D (200[_]-[_]) TERMS DOCUMENT, dated as of [_] [_], [_] (the "TERMS
DOCUMENT"), between WILMINGTON TRUST COMPANY, as Owner Trustee of ADVANTA
BUSINESS CARD MASTER TRUST, a common law trust organized and existing under the
laws of the State of Delaware (herein, the "ISSUER" or the "TRUST"), and
DEUTSCHE BANK TRUST COMPANY AMERICAS (formerly known as Bankers Trust Company),
a banking corporation organized and existing under the laws of the State of New
York, not in its individual capacity, but solely as indenture trustee (herein,
together with its successors in the trusts thereunder as provided in the Master
Indenture, the "INDENTURE TRUSTEE") under the Master Indenture, dated as of
August 1, 2000 (the "INDENTURE") between the Issuer and the Indenture Trustee.
This Terms Document supplements the AdvantaSeries Indenture Supplement, dated as
of [_] [_], [_], between the Issuer and the Indenture Trustee, which supplements
the Master Indenture.

      Pursuant to this Terms Document, the Issuer shall create a new tranche of
Class D Notes and shall specify the principal terms thereof.

                                    ARTICLE I
             Definitions and Other Provisions of General Application

      Section 1.01 Definitions. For all purposes of this Terms Document, except
as otherwise expressly provided or unless the context otherwise requires:

                  (1) the terms defined in this Article have the meanings
assigned to them in this Article, and include the plural as well as the
singular;

                  (2) all other terms used herein which are defined in the
Indenture Supplement or the Indenture, either directly or by reference therein,
have the meanings assigned to them therein;

                  (3) all accounting terms not otherwise defined herein have the
meanings assigned to them in accordance with generally accepted accounting
principles and, except as otherwise herein expressly provided, the term
"generally accepted accounting principles" with respect to any computation
required or permitted hereunder means such accounting principles as are
generally accepted in the United States of America at the date of such
computation;

                  (4) all references in this Terms Document to designated
"Articles," "Sections" and other subdivisions are to the designated Articles,
Sections and other subdivisions of this Terms Document;

                  (5) the words "herein," "hereof" and "hereunder" and other
words of similar import refer to this Terms Document as a whole and not to any
particular Article, Section or other subdivision;

                  (6) in the event that any term or provision contained herein
shall conflict with or be inconsistent with any term or provision contained in
the Indenture Supplement, the Indenture or the Transfer and Servicing Agreement,
the terms and provisions of this Terms Document shall be controlling;

                                      - 3 -
<PAGE>

                  (7) each capitalized term defined herein shall relate only to
the Class D (200[_]-[_]) Notes and no other Tranche of Notes issued by the
Issuer; and

                  (8) "including" and words of similar import will be deemed to
be followed by "without limitation."

      "Accumulation Period Factor" shall mean, for the purpose of calculating
the Accumulation Period Length for the Class D (200[_]-[_]) Notes, with respect
to any Monthly Period, a fraction, the numerator of which is equal to the sum of
the initial invested amounts of all outstanding Series, and the denominator of
which is equal to the sum of (a) the Outstanding Principal Balance of Class D
(200[_]-[_]) Notes, (b) the initial invested amounts or outstanding principal
balances of all outstanding Series (other than the AdvantaSeries Class D
(200[_]-[_])), Classes and Tranches (without duplication) which are not expected
to be in their revolving periods, and (c) the initial invested amounts of
Outstanding Principal Balances of all other outstanding Series, Classes and
Tranches (without duplication) which are not allocating Shared Principal
Collections to other Series and are in their revolving periods; provided,
however, that this definition may be changed at any time if the Rating Agency
Condition is satisfied.

      "Accumulation Period Length" means the number of whole months such that
the sum of the Accumulation Period Factors for each month during such period
will be equal to or greater than the Required Accumulation Factor Number;
provided, however, that the Accumulation Period Length will not be determined to
be less than one month; provided further, however, that the determination of the
Accumulation Period Length may be changed at any time if the Rating Agency
Condition is satisfied.

      "Accumulation Shortfall" shall mean (a) on the first Payment Date during
the Controlled Accumulation Period, zero and (b) on each subsequent Principal
Payment Date during the Controlled Accumulation Period, the excess, if any, of
the Controlled Deposit Amount for the previous Payment Date over the amount
deposited into the Principal Funding Account pursuant to Section 2.04(b) for the
previous Principal Payment Date.

      "Class D (200[_]-[_]) Final Maturity Date" means [_] [_], [_].

      "Class D (200[_]-[_]) Margin Percentage" means [_]%, unless another
percentage is selected by the Transferor in accordance with Section 2.02.(b).

      "Class D (200[_]-[_]) Note" means any Note, substantially in the form set
forth in Exhibit A-4 to the Indenture Supplement, designated therein as a Class
D (200[_]-[_]) Note and duly executed and authenticated in accordance with the
Indenture.

      "Class D (200[_]-[_]) Noteholder" means a Person in whose name a Class D
(200[_]-[_]) Note is registered in the Note Register.

      "Class D (200[_]-[_]) Termination Date" means the earliest to occur of (a)
the Principal Payment Date on which the Outstanding Principal Balance of the
Class D (200[_]-[_]) Notes is paid in full, (b) the Class D (200[_]-[_]) Final
Maturity Date and (c) the date on which the Indenture is discharged and
satisfied pursuant to Article XI thereof.

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      "Closing Date" means [_] [_], [_].

      "Controlled Accumulation Amount" shall mean, for any Principal Payment
Date occurring during the Accumulation Period, $[_]; provided, however, that if
the Accumulation Period Length is determined to be less than 8 months pursuant
to subsection 2.04(a), the Controlled Accumulation Amount for each Principal
Payment Date with respect to the Accumulation Period will be equal to (i) the
Outstanding Principal Balance of the Class D (200[_]-[_]) Notes divided by (ii)
the Accumulation Period Length.

      "Controlled Accumulation Period" shall mean, unless a Pay Out Event shall
have occurred prior thereto, the period commencing at the close of business on
[_] [_], [_], 200__ or such later date as is determined in accordance with
subsection 2.04(d), and ending on the first to occur of (a) the commencement of
the Early Amortization Period, (b) the payment in full of the Outstanding
Principal Balance of the Class D (200[_]-[_]) Notes and (c) the Class D
(200[_]-[_]) Final Maturity Date.

      "Controlled Deposit Amount" means, for any Payment Date occurring during
the Controlled Accumulation Period, an amount equal to the sum of the Controlled
Accumulation Amount for such Payment Date and any existing Accumulation
Shortfall.

      "Covered Amount" means, for any Interest Payment Date, an amount, equal to
the product of (i) a fraction, the numerator of which is [the actual number of
days in the related Interest Period] [30] and the denominator of which is 360,
multiplied by (ii) the Note Interest Rate in effect with respect to such
Interest Period, multiplied by (iii) the aggregate amount on deposit in the
Principal Funding Sub-Account for the Class D (200[_]-[_]) Notes (prior to
giving effect to any deposits to be made on such date).

      "Expected Final Principal Payment Date" means [_] [_], [_].

      "Initial Principal Balance" means $[_].

      "Indenture" means the Indenture dated as of August 1, 2000, by and between
the Issuer and the Indenture Trustee, as amended and supplemented from time to
time.

      "Interest Payment Date" means the scheduled due date of any payment of
interest on the Class D (200[_]-[_]) Notes, which shall be [each Payment Date].
The first Interest Payment Date shall be [_] [_], [_].

      "Indenture Supplement" means the AdvantaSeries Indenture Supplement dated
as of [_] [_], [_], by and between the Issuer and the Indenture Trustee, as
amended and supplemented from time to time.

      "LIBOR" means, for any Interest Period, the London interbank offered rate
for one month United States dollar deposits determined by the Indenture Trustee
on the LIBOR Determination Date for each Interest Period in accordance with the
provisions of Section 2.04.

      "LIBOR Determination Date" shall mean (a) with respect to the first
Interest Payment Date, (i) [_] [_], [_] for the period from and including the
Closing Date through and including [_]

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[_], [_] and (ii) [_] [_], [_] for the period from and including [_] [_], [_]
through and including [_] [_], [_] and (b) with respect to any Interest Payment
Date after the first Interest Payment Date, the second London Business Day prior
to the commencement of the second and each subsequent Interest Period.

      "London Business Day" means any Business Day on which dealings in deposits
in United States Dollars are transacted in the London interbank market.

      "Note Interest Rate" means a rate per annum equal to [the sum of (a) the
Class D (200[_]-[_]) Margin Percentage and (b) LIBOR as determined by the
Indenture Trustee on the related LIBOR Determination Date with respect to each
Interest Period] [[_]% per year].

      "Paying Agent" means Deutsche Bank Trust Company Americas.

      "Reference Banks" means three major banks in the London interbank market
selected by the Servicer.

      "Required Accumulation Factor Number" shall be equal to a fraction,
rounded upwards to the nearest whole number, the numerator of which is one and
the denominator of which is equal to the lowest monthly principal payment rate
on the Accounts, expressed as a decimal, for the twelve months preceding the
date of such calculation; provided, however, that this definition may be changed
at any time if the Rating Agency Condition is satisfied.

      "Telerate Page 3750" means the display page currently so designated on the
Bridge Telerate Market Report (or such other page as may replace that page on
that service for the purpose of displaying comparable rates or prices).

      Section 1.02 Governing Law. THIS TERMS DOCUMENT WILL BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK, INCLUDING
SECTION 5-1401 OF THE GENERAL OBLIGATION LAW, WITHOUT REFERENCE TO ITS CONFLICT
OF LAW PROVISIONS AND THE OBLIGATIONS, RIGHTS AND REMEDIES OF THE PARTIES
HEREUNDER SHALL BE DETERMINED IN ACCORDANCE WITH SUCH LAWS.

      Section 1.03 Counterparts. This Terms Document may be executed in any
number of counterparts, each of which so executed will be deemed to be an
original, but all such counterparts will together constitute but one and the
same instrument.

      Section 1.04 Ratification of Indenture and Indenture Supplement. As
supplemented by this Terms Document, each of the Indenture and the Indenture
Supplement is in all respects ratified and confirmed and the Indenture as so
supplemented by the Indenture Supplement and this Terms Document shall be read,
taken and construed as one and the same instrument.

                               [END OF ARTICLE I]

                                     - 6 -
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                                    ARTICLE I
                         The Class D (200[_]-[_]) Notes

      Section 2.01 Creation and Designation. There is hereby created a tranche
of AdvantaSeries Class D Notes to be issued pursuant to the Indenture and the
Indenture Supplement to be known as the "AdvantaSeries Class D (200[_]-[_])
Notes."

      Section 2.02 Interest Payment; Margin Percentage.

      (a) For each Interest Payment Date, the amount of interest due and payable
with respect to the Class D (200[_]-[_]) Notes shall be an amount equal to the
product of (i)(A) a fraction, the numerator of which is the actual number of
days in the related Interest Period and the denominator of which is 360,
multiplied by (B) the Note Interest Rate [in effect with respect to the related
Interest Period], multiplied by (ii) the Outstanding Principal Balance of the
Class D (200[_]-[_]) Notes determined as of the Record Date preceding the
related Interest Payment Date. Any interest on the Class D (200[_]-[_]) Notes
will be calculated on the basis of the actual number of days in the related
Interest Period and a 360-day year.

      (b) The Transferor may change the Class D (200[_]-[_]) Margin Percentage
upon satisfaction of the Rating Agency Condition and without the prior consent
of any Noteholder, so long as all of the Class D (200[_]-[_]) Notes are held by
the Transferor or an Affiliate of the Transferor; provided, however, that the
Class D Margin Percentage shall not exceed [_]% at any time.

      Section 2.03 Determination of LIBOR.

      (a) On each LIBOR Determination Date, the Indenture Trustee shall
determine LIBOR on the basis of the rate for deposits in United States dollars
having a maturity of one-month period commencing on such LIBOR Determination
Date which appears on Telerate Page 3750 as of 11:00 a.m., London time, on such
date. If such rate does not appear on Telerate Page 3750, LIBOR for that LIBOR
Determination Date shall be determined on the basis of the rates at which
deposits in United States dollars are offered by the Reference Banks at
approximately 11:00 a.m., London time, on that day to prime banks in the London
interbank market for a one-month period and in an amount of not less than
$1,000,000. The Indenture Trustee shall request the principal London office of
each of the Reference Banks to provide a quotation of its rate. If at least two
(2) such quotations are provided, LIBOR for that LIBOR Determination Date shall
be the arithmetic mean of the quotations. If fewer than two (2) quotations are
provided as requested, LIBOR for that LIBOR Determination Date will be the
arithmetic mean of the rates quoted by major banks in New York City, selected by
the Servicer, at approximately 11:00 a.m., New York City time, on that day for
loans in United States dollars to leading European banks for a one-month period
and in an amount of not less than U.S. $1,000,000; provided, that, if the banks
selected by the Servicer are not quoting such rates, LIBOR for that LIBOR
Determination Date will be the same as LIBOR for the immediately preceding LIBOR
Determination Date.

      (b) The Note Interest Rate applicable to the then current and the
immediately preceding Interest Periods may be obtained by telephoning the
Indenture Trustee at its corporate trust office at (___) ___-____ or such other
telephone number as shall be designated by the

                                     - 7 -
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Indenture Trustee for such purpose by prior written notice by the Indenture
Trustee to each Noteholder from time to time.

      (c) On each LIBOR Determination Date, the Indenture Trustee shall send to
the Transferor, by facsimile transmission, notification of LIBOR for the
following Interest Period.

      Section 2.04. Required Deposits of Available Principal Collections to the
Principal Funding Account. With respect to any Monthly Period, the amount to be
deposited in the Principal Funding Sub-Account will be the amount determined
pursuant to clause (a), (b) or (c) below for such Monthly Period, as applicable,
or if more than one such clause is applicable, the highest amount determined
pursuant to any one of such clauses; provided, however, in no case shall the
amount required to be deposited exceed the Class D [_] Adjusted Invested Amount
(calculated immediately before giving effect to such deposit but after giving
effect to any Investor Charge-Offs and any reallocations of principal on such
date).

      (a) Accumulation Period. On each Payment Date during the Controlled
Accumulation Period, an amount equal to the Controlled Deposit Amount for the
related Monthly Period shall be deposited into the Principal Funding Sub-Account
for the Class D (200[_]-[_]) Notes. The Controlled Accumulation Period is
scheduled to commence at the close of business on [_] [_], [_]; provided,
however, that, if the Accumulation Period Length is less than 8 months, the date
on which the Controlled Accumulation Period actually commences will be delayed
to the first Business Day of the month that is the number of whole months prior
to the Expected Final Principal Payment Date at least equal to the Accumulation
Period Length and, as a result, the number of Monthly Periods in the Controlled
Accumulation Period will at least equal the Accumulation Period Length. On the
Determination Date immediately preceding the Accumulation Reserve Account
Funding Date, and each Determination Date thereafter until the Controlled
Accumulation Period begins, the Servicer will determine the Accumulation Period
Length.

      (b) Early Amortization Period. On each Payment Date during an Early
Amortization Period, an amount equal to the Class D [_] Adjusted Invested Amount
as of the close of business on the last day of the preceding Monthly Period
(after taking into account any reallocations, payments or deposits on the
following Payment Date) shall be distributed to the Paying Agent for payment to
the Class D [_] Noteholders.

      (c) Coverage Funding of the Principal Funding Account of Senior Classes.
If the Issuer determines as of the end of the preceding Monthly Period with
respect to the Class D (200[_]-[_]) Notes, that, after giving effect to all
allocations and payments with respect to that Monthly Period, the Coverage
Funding Required Amount of the Class D (200[_]-[_]) Notes will be greater than
zero, the required deposit to the Principal Funding Sub-Account for the Class D
(200[_]-[_]) Notes will be the Coverage Funding Required Amount for such Class D
(200[_]-[_]) Notes.

      (d) On the earlier to occur of (i) the first Payment Date during the Early
Amortization Period and (ii) the Expected Final Principal Payment Date, the
Indenture Trustee, acting in accordance with written instructions from the
Servicer, shall withdraw from the Principal Funding Sub-Account for the Class D
(200[_]-[_]) Notes and distribute to the Paying Agent for

                                     - 8 -
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payment to the Class D (200[_]-[_]) Noteholders the amounts deposited into the
Principal Funding Sub-Account for the Class A (200[_]-[_]) Notes pursuant to
Section 2.04(a) and (c).

      Section 2.05 Payments of Interest and Principal.

      (a) Any installment of interest or principal, if any, payable on any Class
D (200[_]-[_]) Note which is punctually paid or duly provided for by the Issuer
and the Indenture Trustee on the applicable Interest Payment Date or Principal
Payment Date shall be paid by the Paying Agent to the Person in whose name such
Class D (200[_]-[_]) Note (or one or more Predecessor Notes) is registered on
the Record Date, by wire transfer of immediately available funds to such
Person's account as has been designated by written instructions received by the
Paying Agent from such Person not later than the close of business on the third
Business Day preceding the date of payment or, if no such account has been so
designated, by check mailed first-class, postage prepaid to such Person's
address as it appears on the Note Register on such Record Date, except that with
respect to Notes registered on the Record Date in the name of the nominee of
Cede & Co., payment shall be made by wire transfer in immediately available
funds to the account designated by such nominee.

      (b) The right of the Class D (200[_]-[_]) Noteholders to receive payments
from the Issuer will terminate on the first Business Day following the Class D
(200[_]-[_]) Termination Date.

      Section 2.06 Cash Collateral Account. In accordance with Section 4.24 of
the Indenture Supplement, on or prior to the Closing Date, the Transferor shall
cause to be deposited funds into the Cash Collateral Account such that after
such deposit the Available Cash Collateral Account Amount is equal to the
Required Cash Collateral Account Amount.

      Section 2.07 Delivery and Payment for the Class D (200[_]-[_]) Notes; Form
and Denomination.

      (a) The Issuer shall execute and issue, and the Indenture Trustee shall
authenticate, the Class D (200[_]-[_]) Notes in accordance with Section 2.03 of
the Indenture. The Indenture Trustee shall deliver the Class D (200[_]-[_])
Notes to or upon the order of the Issuer when so authenticated. The Class D
(200[_]-[_]) Notes shall be Definitive Notes and not Book-Entry Notes.

      (b) The Class D (200[_]-[_]) Notes shall not be registered in the name of
the nominee of a Clearing Agency.

      (c) The Class D (200[_]-[_]) Notes will be issued in minimum denominations
of $[_] and integral multiples of that amount.

      Section 2.08 Manner of Payment of Class D (200[_]-[_]) Notes. Except as
provided in Section 11.02 of the Indenture with respect to a final distribution,
distributions to Class D (200[_]-[_]) Noteholders hereunder shall be made by (i)
check mailed to each Class D (200[_]-[_]) Noteholder (at such Noteholder's
address as it appears in the Note Register), except that with respect to any
Class D (200[_]-[_]) Notes registered in the name of the nominee of a Clearing

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Agency, such payment shall be made in immediately available funds and (ii)
without presentation or surrender of any Class D (200[_]-[_]) Note or the making
of any notation thereon.

         Section 2.09 Monthly Servicing Fee. In accordance with Section 3.01(a)
of the Indenture Supplement, with respect to [_] [_], [_] Payment Date, the
AdvantaSeries Monthly Servicing Fee allocated to the Class D (200[_]-[_]) Notes
shall be $[_].

      Section 2.10 Additional Requirements for Registration of and Limitations
on Transfer and Exchange of Class D (200[_]-[_]) Notes.

      (a) No Holder of a Class D (200[_]-[_]) Note may sell, convey, assign,
hypothecate, pledge, participate or otherwise transfer any interest in the Class
D (200[_]-[_]) Notes (each, a "CLASS D (200[_]-[_]) NOTE ASSIGNMENT"), to any
Person (upon such Class D (200[_]-[_]) Note Assignment, a "CLASS D (200[_]-[_])
NOTE ASSIGNEE"), unless (i) the Class D (200[_]-[_]) Note Assignment consists of
the entirety of such assignor Holder's Class D (200[_]-[_]) Note and no Class D
(200[_]-[_]) Note Assignments of a partial interest in such Class D (200[_]-[_])
Notes will be made, and (ii) the Transferor shall have granted its prior written
consent (which consent shall not be granted if, among other things, the
Transferor determines in its sole and absolute discretion that such Class D
(200[_]-[_]) Note Assignment would create or increase a risk that the Trust
would be classified for Federal or any applicable state tax purposes as an
association or publicly traded partnership taxable as a corporation); provided,
however, that any Class D (200[_]-[_]) Note Assignment shall be void unless (i)
such proposed Class D (200[_]-[_]) Note Assignee, other than Advanta Bank Corp
("ABC") or an Affiliate of ABC, shall comply with this Section 2.09 and shall
have delivered to the Indenture Trustee, the Servicer and the Transferor an
investment representation letter substantially in the form of Exhibit A attached
hereto (an "INVESTMENT LETTER"), or such other form as the Transferor in its
sole and absolute discretion deems acceptable, prior to the effectiveness of
such Class D (200[_]-[_]) Note Assignment; (ii) the number of Private Holders
would not exceed, as of the date of the proposed Class D (200[_]-[_]) Note
Assignment, eighty (80), and (iii) the number of Private Holders owning
interests in the Class D (200[_]-[_]) Notes would not exceed, as of the date of
the proposed Class D (200[_]-[_]) Note Assignment, four (4) or such greater
number as may be consented to by the Transferor in its sole and absolute
discretion. In connection with any Class D (200[_]-[_]) Note Assignment, the
assignor Class D (200[_]-[_]) Note Holder shall request in writing to the
Indenture Trustee (who shall promptly deliver it to the Transferor) for the
consent of the Transferor, and the Transferor shall respond to any such request
within ten Business Days after its receipt; it being understood that the
obtaining of such consent is a condition to the effectiveness of the Class D
(200[_]-[_]) Note Assignment. Each Class D (200[_]-[_]) Note Assignee is subject
to the terms and conditions of this Section 2.09 and its Investment Letter on an
ongoing basis and shall make the certifications, representations and warranties
contained in its Investment Letter. Any transfer, resale, pledge or other
transfer of a Class D (200[_]-[_]) Note (or any interest therein) contrary to
the restriction set forth above in this Section 2.09 or made in reliance upon
any false representation or warranty made by a transferee in its Investment
Letter shall be deemed void ab initio by the Indenture Trustee.

      (b) Registration of transfer of the Class D (200[_]-[_]) Notes shall be
effected only if such transfer is exempt from the registration requirements
under the Securities Act. The transferor or the transferee, other than ABC or an
Affiliate of ABC, shall deliver, at its expense,

                                     - 10 -
<PAGE>

to the Transferor, the Servicer and the Indenture Trustee, an investment letter
from the transferee, substantially in the form of the investment representation
letter attached hereto as Exhibit A. None of the Issuer, the Transferor, the
Servicer, the Seller, the Indenture Trustee or the Transfer Agent and Registrar
is obligated to register or qualify the Class D (200[_]-[_]) Notes under the
Securities Act or any other securities law or to take any action not otherwise
required under this Indenture Supplement or the Indenture to permit the transfer
of the Class D (200[_]-[_]) Notes without registration or qualification. Any
Class D (200[_]-[_]) Noteholder desiring to effect a transfer of unregistered
Class D (200[_]-[_]) Notes shall, and does hereby agree to, indemnify the
Issuer, the Transferor (unless the transferor of the Class D (200[_]-[_]) Notes
is the Transferor), the Servicer, the Seller, the Indenture Trustee and the
Transfer Agent and Registrar against any liability that may result if the
transfer is not exempt from such registration or qualification or is not made in
accordance with such federal and state laws and no registration of transfer
shall be made until such letter is so delivered.

      (c) The Class D (200[_]-[_]) Notes may not be acquired or held by or on
behalf of or with "plan assets" of (a) an employee benefit plan (as defined in
Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended
("ERISA"), whether or not subject to Title I of ERISA, (b) a plan described in
Section 4975(e)(1) of the Code, (c) an entity whose underlying assets include
"plan assets" by reason of a plan's investment in the purchaser or (d) a
"benefit plan investor" (as defined in U.S. Department of Labor ("DOL")
Regulation Section 2510.3-101) ("BENEFIT PLAN INVESTOR"), unless (i) the
investor is acquiring or holding the Class D (200[_]-[_]) Notes with assets of
an "insurance company general account" (within the meaning of DOL Prohibited
Transaction Class Exemption ("PTCE") 95-60 (a "GENERAL ACCOUNT")), (ii) the
purchase and holding of the Class D (200[_]-[_]) Notes are eligible for the
exemptive relief afforded under Section I of PTCE 95-60, (iii) less than 25% of
the assets of such General Account constitute "plan assets" of Benefit Plan
Investors, and (iv) after giving effect to the purchase of the Class D
(200[_]-[_]) Notes and all other purchases occurring simultaneously therewith,
less than 25% of the Class D (200[_]-[_]) Notes (excluding Class D (200[_]-[_])
Notes held by the Servicer or any Affiliate of the Servicer) will constitute
"plan assets" of Benefit Plan Investors.

      (d) Each Class D (200[_]-[_]) Noteholder, other than ABC or an Affiliate
of ABC, agrees with the Transferor and the Indenture Trustee that: (i) such
Class D (200[_]-[_]) Noteholder will deliver to the Transferor, the Servicer and
the Indenture Trustee on or before the acquisition of the Class D (200[_]-[_])
Notes and on or before the effective date of any Class D (200[_]-[_]) Note
Assignment, as applicable, a letter in the form annexed hereto as Exhibit A,
executed by the Class D (200[_]-[_]) Noteholder, or such Class D (200[_]-[_])
Note Assignee, in the case of a Class D (200[_]-[_]) Note Assignment, with
respect to the purchase by such Class D (200[_]-[_]) Noteholder or Class D
(200[_]-[_]) Note Assignee, as the case may be, of a Class D (200[_]-[_]) Note
and (ii) all of the statements made by such Class D (200[_]-[_]) Noteholder in
its Investment Letter shall be true and correct as of the date made.

      (e) Class D (200[_]-[_]) Notes issued upon registration or transfer of, or
Class D (200[_]-[_]) Notes issued in exchange for Class D (200[_]-[_]) Notes
shall bear the restrictive legends regarding securities laws, tax and ERISA
matters contained in the form of the Class D (200[_]-[_]) Note attached as
Exhibit A-4 to the Indenture Supplement, unless the Transferor, the

                                     - 11 -
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Servicer, the Indenture Trustee and the Transfer Agent and Registrar receive an
Opinion of Counsel, satisfactory to each of them, to the effect that such legend
may be removed or modified.

      (f) If so requested by the Transferor, the Indenture Trustee will make
available to any prospective purchaser of Class D (200[_]-[_]) Notes who so
requests, a copy of a letter provided to the Indenture Trustee by or on behalf
of the Transferor relating to the transferability of any Series, Class or
Tranche.

                               [END OF ARTICLE II]

                                     - 12 -
<PAGE>

IN WITNESS WHEREOF, the undersigned have caused this Terms Document to be duly
executed and delivered by their respective duly authorized officers on the day
and year first above written.

                                    WILMINGTON TRUST COMPANY,
                                      as Owner Trustee of
                                    ADVANTA BUSINESS CARD MASTER TRUST

                                    By:    ________________________________
                                    Name:
                                    Title:

                                    DEUTSCHE BANK TRUST COMPANY AMERICAS,
                                       as Indenture Trustee

                                    By:    ________________________________
                                    Name:
                                    Title:

             [Signature Page to Class D (200[_]-[_]) Terms Document]

                                     - 13 -

<PAGE>

                            FORM OF INVESTMENT LETTER

                                INVESTMENT LETTER

                                     [Date]

[Indenture Trustee]

[Transferor]

[Servicer]

            Re:  Purchase of Advanta Business Card Master Trust
                 AdvantaSeries, Class D (200[_]-[_]) Asset Backed Notes

Dear Sirs:

The undersigned proposes to purchase the AdvantaSeries Class D (200[_]-[_])
Notes identified below issued by Advanta Business Card Master Trust (the
"Issuer"), pursuant to (i) the AdvantaSeries Class D (200[_]-[_]) Terms
Document, dated as of [_] [_], [_], between the Issuer and Deutsche Bank Trust
Company Americas (formerly known as Bankers Trust Company), as indenture trustee
(the "Indenture Trustee), (ii) the AdvantaSeries Indenture Supplement, dated as
of [_] [_], [_] (the "Indenture Supplement"), among the Issuer, Advanta Business
Receivables Corp., as transferor (the "Transferor"), Advanta Bank Corp., as
servicer (the "Servicer") and the Indenture Trustee and (iii) the Master
Indenture, among the Issuer, the Transferor, the Servicer and the Indenture
Trustee. In connection with our proposed purchase of such notes we acknowledge,
represent, warrant and covenant that:

      1. the AdvantaSeries Class D (200[_]-[_]) Notes will be offered and may be
resold only to "qualified institutional buyers" ("QIBs") pursuant to Rule 144A
of the Securities Act of 1933, as amended (the "Securities Act");

      2. the AdvantaSeries Class D (200[_]-[_]) Notes have not been and will not
be registered under the Securities Act or any state or other applicable
securities law and the AdvantaSeries Class D (200[_]-[_]) Notes, or any interest
or participation therein, may not be offered, sold, pledged or otherwise
transferred unless registered pursuant to, or exempt from registration under,
the Securities Act and any other applicable securities law;

      3. none of the Owner Trustee, the Indenture Trustee, the Transferor or the
Servicer or any person representing the Owner Trustee, the Indenture Trustee,
the Transferor or the Servicer has made any representation to us with respect to
the Issuer or the offering or sale of any of the AdvantaSeries Class D
(200[_]-[_]) Notes, other than [the information contained in the accompanying
Private Placement Memorandum, which has been delivered to us and upon which we
are relying in making our investment decision with respect to the AdvantaSeries
Class D (200[_]-[_]) Notes]. We have had access to such financial and other
information concerning the Issuer and the AdvantaSeries Class D (200[_]-[_])
Notes as we have deemed necessary in connection with our decision to purchase
such notes;

                                     - 14 -
<PAGE>

      4. we have such knowledge and experience in financial and business matters
as to be capable of evaluating the merits and risks of an investment in the
AdvantaSeries Class D (200[_]-[_]) Notes, and we (and any account for which we
are purchasing under paragraph (8) below) are able to bear the economic risk of
an investment in the AdvantaSeries Class D (200[_]-[_]) Notes;

      5. the AdvantaSeries Class D (200[_]-[_]) Notes will bear a legend to the
following effect:

      "THIS NOTE HAS NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES
SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY STATE
SECURITIES LAW. THE HOLDER HEREOF, BY PURCHASING THIS NOTE, AGREES THAT THIS
NOTE, OR ANY INTEREST OR PARTICIPATION HEREIN, MAY BE REOFFERED, RESOLD, PLEDGED
OR OTHERWISE TRANSFERRED ONLY IN COMPLIANCE WITH THE SECURITIES ACT AND OTHER
APPLICABLE LAWS AND ONLY (1) TO THE ISSUER OR ITS AFFILIATES OR (2) PURSUANT TO
RULE 144A UNDER THE SECURITIES ACT TO A PERSON THAT THE HOLDER REASONABLY
BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER WITHIN THE MEANING OF RULE 144A
UNDER THE SECURITIES ACT (A "QIB") PURCHASING FOR ITS OWN ACCOUNT OR A QIB
PURCHASING FOR THE ACCOUNT OF A QIB, WHOM THE HOLDER HAS INFORMED, IN EACH CASE,
THAT THE REOFFER, RESALE, PLEDGE OR OTHER TRANSFER IS BEING MADE IN RELIANCE ON
RULE 144A UNDER THE SECURITIES ACT. THIS SECURITY WILL NOT BE ACCEPTED FOR
REGISTRATION OF TRANSFER EXCEPT UPON PRESENTATION OF EVIDENCE SATISFACTORY TO
THE TRANSFER AGENT AND REGISTRAR THAT THE RESTRICTIONS ON TRANSFER SET FORTH IN
THE MASTER INDENTURE AND THE INDENTURE SUPPLEMENT HAVE BEEN COMPLIED WITH. THIS
NOTE MAY NOT BE REOFFERED, RESOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHOUT THE
PRIOR WRITTEN CONSENT OF THE TRANSFEROR AND UNLESS AND UNTIL THE INDENTURE
TRUSTEE, THE TRANSFEROR AND THE SERVICER SHALL HAVE RECEIVED THE CERTIFICATIONS
REQUIRED BY THE MASTER INDENTURE, THE INDENTURE SUPPLEMENT AND THE TERMS
DOCUMENT. THE ADVANTASERIES CLASS D (200[_]-[_]) NOTES ARE ALSO SUBJECT TO
RESTRICTIONS ON THE PURCHASE, OWNERSHIP AND DISPOSITION OF SUCH SECURITIES,
INCLUDING THE CONSENT OF THE TRANSFEROR AND THE DELIVERY OF AN INVESTMENT
LETTER. SUCH RESTRICTIONS ARE SET FORTH IN THE MASTER INDENTURE AND THE
INDENTURE SUPPLEMENT, COPIES OF WHICH ARE AVAILABLE FROM THE INDENTURE TRUSTEE.

      THIS ADVANTASERIES CLASS D (200[_]-[_]) NOTE MAY NOT BE SOLD OR
TRANSFERRED TO ANY PLAN THAT IS SUBJECT TO THE EMPLOYEE RETIREMENT INCOME
SECURITY ACT OF 1974, AS AMENDED ("ERISA") OR SECTION 4975 OF THE INTERNAL
REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), TO ANY PERSON ACTING ON BEHALF OF
OR WITH "PLAN ASSETS" OF ANY SUCH PLAN, OR TO ANY OTHER "BENEFIT PLAN INVESTOR"
(AS DEFINED IN UNITED STATES DEPARTMENT OF LABOR REGULATION SECTION
2510.3-101(f)(2)), INCLUDING AN INSURANCE COMPANY GENERAL ACCOUNT, EXCEPT IN
ACCORDANCE WITH THE

                                     - 15 -
<PAGE>

RESTRICTIONS SET FORTH IN THE INDENTURE SUPPLEMENT AND THE TERMS DOCUMENT.

      THIS ADVANTASERIES CLASS D (200[_]-[_]) NOTE MAY NOT BE ACQUIRED, SOLD,
TRADED OR TRANSFERRED, NOR MAY AN INTEREST IN THIS ADVANTASERIES CLASS D
(200[_]-[_]) NOTE BE MARKETED, ON OR THROUGH (I) AN "ESTABLISHED SECURITIES
MARKET" WITHIN THE MEANING OF SECTION 7704(b)(1) OF THE CODE AND ANY TREASURY
REGULATION THEREUNDER, INCLUDING, WITHOUT LIMITATION, AN OVER THE-COUNTER-MARKET
OR AN INTERDEALER QUOTATION SYSTEM THAT REGULARLY DISSEMINATES FIRM BUY OR SELL
QUOTATIONS OR (II) A "SECONDARY MARKET (OR THE SUBSTANTIAL EQUIVALENT THEREOF)"
WITHIN THE MEANING OF SECTION 7704(b)(2) OF THE CODE AND ANY TREASURY REGULATION
THEREUNDER, INCLUDING A MARKET WHEREIN INTERESTS IN THE ADVANTASERIES CLASS D
(200[_]-[_]) NOTES ARE REGULARLY QUOTED BY ANY PERSON MAKING A MARKET IN SUCH
INTERESTS AND A MARKET WHEREIN ANY PERSON REGULARLY MAKES AVAILABLE BID OR OFFER
QUOTES WITH RESPECT TO INTERESTS IN THE ADVANTASERIES CLASS D (200[_]-[_]) NOTES
AND STANDS READY TO EFFECT BUY OR SELL TRANSACTIONS AT THE QUOTED PRICES FOR
ITSELF OR ON BEHALF OF OTHERS.

      BEFORE PURCHASING THIS NOTE, PURCHASERS SHOULD CONSULT COUNSEL WITH
RESPECT TO THE AVAILABILITY AND CONDITIONS OF EXEMPTION FROM THE RESTRICTION ON
RESALE OR TRANSFER. NEITHER THE ISSUER NOR THE SELLER OF THIS NOTE HAS AGREED TO
REGISTER THIS NOTE UNDER THE SECURITIES ACT, TO QUALIFY THIS NOTE UNDER THE
SECURITIES LAWS OF ANY STATE OR JURISDICTION OR TO PROVIDE REGISTRATION RIGHTS
TO ANY PURCHASER.

      AS SET FORTH HEREIN, THE OUTSTANDING PRINCIPAL BALANCE OF THIS NOTE AT ANY
TIME MAY BE LESS THAN THE AMOUNT SHOWN ON THE FACE HEREOF."

      Any portion of this legend may be removed or modified if the Transferor,
the Servicer and the Indenture Trustee and the Transfer Agent and Registrar have
received an Opinion of Counsel, in form and substance satisfactory to them, to
the effect that such paragraph may be removed or modified;

      6. if we are acquiring any AdvantaSeries Class D (200[_]-[_]) note, or any
interest or participation therein, as a fiduciary or agent for one or more
investor accounts, we have sole investment discretion with respect to that
account and we have full power to make the acknowledgements, representations and
agreements contained herein on behalf of each of those accounts;

      7. we (1) are a QIB, (2) are aware that the sale to us is being made in
reliance on Rule 144A and if we are acquiring those AdvantaSeries Class D
(200[_]-[_]) notes or any interest or participation therein for the account of
another QIB, that such other QIB is aware that the sale is being made in
reliance on Rule 144A and (3) are acquiring those AdvantaSeries Class D

                                     - 16 -
<PAGE>

(200[_]-[_]) notes or any interest or participation therein for our own account
or for the account of a QIB;

      8. we are purchasing the AdvantaSeries Class D (200[_]-[_]) notes for our
own account, or for one or more investor accounts for which we are acting as
fiduciary or agent, in each case for investment, and not with a view to, or for
offer or sale in connection with, any distribution thereof in violation of the
Securities Act, subject to any requirements of law that the disposition of our
property or the property of that investor account or accounts be at all times
within our or their control and subject to our or their ability to resell those
AdvantaSeries Class D (200[_]-[_]) notes, or any interest or participation
therein, as described herein and as provided in the Master Indenture or the
Indenture Supplement or the Terms Document;

      9. we agree that if in the future we should offer, sell or otherwise
transfer that AdvantaSeries Class D (200[_]-[_]) note or any interest or
participation therein, we will do so only (A) to the Transferor or an affiliate
of the Transferor, or (B) pursuant to Rule 144A to a person whom we reasonably
believe is a QIB in a transaction meeting the requirements of Rule 144A,
purchasing for its own account or for the account of a QIB, whom we have
informed that such offer, sale or other transfer is being made in reliance on
Rule 144A;

      10. the Transferor, the Issuer, the Servicer, the Owner Trustee, the
Indenture Trustee and others will rely on the truth and accuracy of the
foregoing representations, warranties and covenants and we agree that if any of
the foregoing representations, warranties and covenants deemed to have been made
by us are no longer accurate, we shall promptly notify the Transferor, the
Issuer, the Servicer, the Owner Trustee and the Indenture Trustee. We further
agree to use reasonable efforts to produce a replacement investor which is
acceptable to the Transferor to replace us in the event of any such breach
(understanding also that the Transferor shall also have the right to procure a
replacement investor), and agree to take all actions necessary to permit a
replacement investor to succeed to our rights and obligations with respect to
the related AdvantaSeries Class D (200[_]-[_]) note. We acknowledge that the
portion of the Tax Opinion to the effect that the Trust will not be treated as a
publicly traded partnership taxable as a corporation is dependent in part on the
accuracy of the certifications described herein;

      11. we are the beneficial owner for United States federal income tax
purposes and, unless otherwise consented to by the Transferor in its sole
discretion in writing, we are and will remain a "United States person" for such
purposes for so long as we hold any interest in an AdvantaSeries Class D
(200[_]-[_]) Note;

      12. by our acceptance of an interest in the AdvantaSeries Class D
(200[_]-[_]) Notes, we agree to treat the AdvantaSeries Class D (200[_]-[_])
Notes for federal, state and local income and franchise tax purposes as
indebtedness of the Transferor;

      13. unless otherwise consented to by the Transferor in its sole discretion
in writing, we are properly classified as, and shall remain classified as, a
"corporation" as described in Section 7701(a)(3) of the Internal Revenue Code of
1986 (the "Code") and are not, and so long as we shall be an owner of
AdvantaSeries Class D (200[_]-[_]) Notes will not become, an "S Corporation"
(within the meaning of Section 1361(a) of the Code) for U.S. federal income tax
purposes;

                                     - 17 -
<PAGE>

      14. we have not acquired, and shall not sell, trade or transfer any
interest in the AdvantaSeries Class D (200[_]-[_]) Notes, nor cause any interest
in the AdvantaSeries Class D (200[_]-[_]) Notes to be marketed on or through
either (i) an "established securities market" within the meaning of Section
7704(b)(1) of the Code (including an interdealer quotation system that regularly
disseminates firm buy or sell quotations by identified brokers or dealers by
electronic means or otherwise) or (ii) a "secondary market (or the substantial
equivalent thereof)" within the meaning of Code Section 7704(b)(2) (including a
market wherein interests in the AdvantaSeries Class D (200[_]-[_]) Notes are
regularly quoted by any person making a market in such interests and a market
wherein any person regularly makes available bid or offer quotes with respect to
interests in the AdvantaSeries Class D (200[_]-[_]) Notes and stands ready to
effect, buy or sell transactions at the quoted prices for itself or on behalf of
others);

      15. either [check one]:

            [ ]   we are not, and we are not acquiring the AdvantaSeries Class D
                  (200[_]-[_]) Notes by or on behalf of, or with "plan assets"
                  of, (i) an employee benefit plan (as defined in Section 3(3)
                  of The Employment Retirement Income Security Act of 1974, as
                  amended (" ERISA"), whether or not subject to Title I of
                  ERISA, (ii) a plan described in Section 4975(e)(1) of the
                  Code, (iii) an entity whose underlying assets include "plan
                  assets" by reason of a Plan's investment in us; or (a) a
                  person who is otherwise a "benefit plan investor," as defined
                  in U.S. Department of Labor ("DOL") Regulation Section
                  2510.3-101 (a "Benefit Plan Investor"), including any
                  insurance company general account or a governmental or foreign
                  plan that is generally not subject to ERISA or Section 4975 of
                  the Code; OR

            [ ]   we are acquiring the AdvantaSeries Class D (200[_]-[_]) Notes
                  and the AdvantaSeries Class D (200[_]-[_]) Notes will be held
                  by or on behalf of, or with "plan assets" of, a Plan or other
                  Benefit Plan Investor and

                  (a) (1) we are purchasing the AdvantaSeries Class D
                  (200[_]-[_]) Notes with assets of an "insurance company
                  general account" (within the meaning of DOL Prohibited
                  Transaction Class Exemption ("PTCE") 95-60 (a "General
                  Account"); (2) our purchase of the AdvantaSeries Class D
                  (200[_]-[_]) Notes is eligible for the exemptive relief
                  afforded under Section I of PTCE 95-60; and (3) less than
                  ____% (enter a percentage not in excess of 25%) of the assets
                  of the such General Account constitute "plan assets" of
                  Benefit Plan Investors; and

                                     - 18 -
<PAGE>

                  (b) after giving effect to our purchase and all other
                  purchases occurring simultaneously therewith, less than 25% of
                  the AdvantaSeries Notes (excluding AdvantaSeries Notes held by
                  the servicer or any of its affiliates) will constitute "plan
                  assets" of Benefit Plan Investors;

      16. we represent and warrant and agree with you that (i) our purchase and
holding of AdvantaSeries Class D (200[_]-[_]) Notes will satisfy the ERISA
requirements described in paragraph 15 above and (ii) we will not assign or
transfer AdvantaSeries Class D (200[_]-[_]) Notes unless (a) the proposed
assignee or transferee delivers a letter to you evidencing its agreement to the
ERISA representations and covenants in Paragraph 15 above with respect to its
purchase, holding and transfer of AdvantaSeries Class D (200[_]-[_]) Notes and
(b) if we (x) are not (and are not acting on behalf of ) a Benefit Plan
Investor, the assignee or transferee will also not be a Benefit Plan Investor,
or (y) are (or are acting on behalf of) a General Account, the assignee or
transferee will be accurately identified in such letter as either another
General Account or a person who is not (and is not acting on behalf of) a
Benefit Plan Investor;

      17. registration of transfer of any AdvantaSeries Class D (200[_]-[_])
Note or any interest therein will require delivery of such certificates and
other requirements as are required by the Indenture Supplement, as more
specifically set forth therein; and

      18. transfers of the AdvantaSeries Class D (200[_]-[_]) Notes or any
interest or participation therein shall otherwise be subject in all respects to
the restrictions applicable thereto contained in the Master Indenture, the
Indenture Supplement and the Terms Document.

      Capitalized terms used but not defined herein shall have the meanings set
forth in the Indenture Supplement.

                               Very truly yours,

                               [NAME OF INVESTOR]

                               By:____________________________________
                               Name:
                               Title:

ADVANTASERIES CLASS D (200[_]-[_]) NOTES TO BE PURCHASED

U.S.$[_] aggregate principal amount of AdvantaSeries Class D (200[_]-[_]) Asset
Backed Notes

                                     - 19 -SUPPLEMENTAL INDENTURE

TO THE INDENTURE 
BY AND BETWEEN DIGITALNET, INC. AND
WELLS FARGO BANK, N.A. 
(F/D/B/A WELLS
FARGO BANK MINNESOTA, N.A.)(AS TRUSTEE) 
DATED AS OF JULY 3, 2003  

        This
Supplemental Indenture (the “Supplemental Indenture”), dated as of April 1,
2004, among User Technology Associates, Inc., a Virginia corporation (the
“Guaranteeing Subsidiary”), a subsidiary of DigitalNet, Inc. (or its permitted
successor), a Delaware corporation (the “Issuer”), and Wells Fargo Bank
Minnesota, National Association (or its permitted successor), as trustee under the
Indenture referred to below (the “Trustee”). 

W I T N E S S E T H 

        WHEREAS,
the Issuer and the other Guarantors party thereto have heretofore executed and delivered
to the Trustee an indenture (the “Indenture”), dated as of July 3, 2003,
providing for the issuance of 9% Senior Notes due 2010 (the “Notes”); 

        WHEREAS,
the Indenture provides that under certain circumstances the Guaranteeing Subsidiary shall
execute and deliver to the Trustee a supplemental indenture pursuant to which the
Guaranteeing Subsidiary shall unconditionally guarantee all of the Issuer’s
obligations under the Notes and the Indenture on the terms and conditions set forth herein
(the “Note Guarantee”); and 

        WHEREAS,
pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and
deliver this Supplemental Indenture. 

        NOW
THEREFORE, in consideration of the foregoing and for other good and valuable
consideration, the receipt of which is hereby acknowledged, the Guaranteeing Subsidiary
and the Trustee mutually covenant and agree for the equal and ratable benefit of the
Holders of the Notes as follows: 

        1.       Capitalized
Terms. Capitalized terms used herein without definition shall           have the
meanings assigned to them in the Indenture.  

        2.       Agreement
to Guarantee.  

        (a)                 The
Guaranteeing Subsidiary, along with all other Guarantors, jointly and
          severally, and fully and unconditionally, guarantees to each Holder of a Note
          authenticated and delivered by the Trustee and to the Trustee and its
successors           and assigns, irrespective of the validity and enforceability of the
Indenture,           the Notes or the obligations of the Issuer hereunder or thereunder,
that: (i)           the principal of, premium, if any, and interest and Liquidated
Damages, if any,           on the Notes will be promptly paid in full when due, whether
at maturity, by           acceleration, redemption or otherwise, and interest on the
overdue principal of,           premium, if any, and interest and Liquidated Damages, if
any, on the Notes, if           lawful (subject in all cases to any applicable grace
period provided in the           Indenture), and all other obligations of the Issuer to
the Holders or the           Trustee hereunder or thereunder will be promptly paid in
full or performed, all           in accordance with the terms hereof and thereof; (ii) in
case of any extension           of time of payment or renewal of any Notes or any of such
other obligations, the           same will be promptly paid in full when due or performed
in accordance with the           terms of the extension or renewal, whether at stated
maturity, by acceleration           or otherwise.  Failing payment when due of any
amount so guaranteed or any           performance so guaranteed for whatever reason, the
Guarantors shall be jointly           and severally obligated to pay the same
immediately. The Guaranteeing Subsidiary           agrees that this is a guarantee of
payment and not a guarantee of collection.  

        (b)                 The
Guaranteeing Subsidiary hereby agrees that, to the maximum extent permitted
          under applicable law, its obligations hereunder shall be unconditional,
          irrespective of the validity, regularity or enforceability of the Notes or the
          Indenture, the absence of any action to enforce the same, any waiver or consent
          by any Holder of the Notes with respect to any provisions hereof or thereof,
the           recovery of any judgment against the Issuer, any action to enforce the same
or           any other circumstance that might otherwise constitute a legal or equitable
          discharge or defense of a Guarantor. The Guaranteeing Subsidiary, subject to
          Section 6.06 of the Indenture, hereby waives diligence, presentment, demand of
          payment, filing of claims with a court in the event of insolvency or bankruptcy
          of the Issuer, any right to require a proceeding first against the Issuer,
          protest, notice and all demands whatsoever and covenants that this Note
          Guarantee shall not be discharged except by complete performance of the
          obligations contained in the Notes and the Indenture.  

        (c)                 The
Guaranteeing Subsidiary agrees that if any Holder or the Trustee is required           by
any court or otherwise to return to the Issuer, the Guarantors, or any
          custodian, trustee, liquidator or other similar official acting in relation to
          any of the Issuer or the Guarantors, any amount paid by any of them to the
          Trustee or such Holder, this Note Guarantee, to the extent theretofore
          discharged, shall be reinstated in full force and effect.  

        (d)                 The
Guaranteeing Subsidiary agrees that the Guaranteeing Subsidiary shall not be
          entitled to any right of subrogation in relation to the Holders in respect of
          any obligations guaranteed hereby until payment in full of all obligations
          guaranteed hereby. The Guaranteeing Subsidiary agrees that, as between the
          Guarantors, on the one hand, and the Holders and the Trustee, on the other
hand,           (x) the maturity of the obligations guaranteed hereby may be
accelerated as           provided in Article Six of the Indenture for the purposes of
this Note           Guarantee, notwithstanding any stay, injunction or other prohibition
preventing           such acceleration in respect of the obligations guaranteed hereby,
and           (y) in the event of any declaration of acceleration of such
obligations as           provided in Article Six of the Indenture, such obligations
(whether or not due           and payable) shall forthwith become due and payable by the
Guarantors for the           purpose of this Note Guarantee. The Guaranteeing Subsidiary
shall have the right           to seek contribution from any non-paying Guarantor so long
as the exercise of           such right does not impair the rights of Holders under the
Note Guarantee.  

        3.       Limitation
on Guarantor Liability. The Guaranteeing Subsidiary confirms,           pursuant to
Section 10.02 of the Indenture, that it is the intention of such           Guaranteeing
Subsidiary that its Note Guarantee not constitute a fraudulent           transfer or
conveyance for purposes of Bankruptcy Law, the Uniform Fraudulent           Conveyance
Act, the Uniform Fraudulent Transfer Act or any similar federal or           state law to
the extent applicable to its Note Guarantee and, to effectuate the           foregoing
intention, agrees hereby irrevocably that the obligations of such           Guaranteeing
Subsidiary will be limited to the maximum amount as will, after           giving effect
to all other contingent and fixed liabilities of such Guaranteeing           Subsidiary
that are relevant under such laws, and after giving effect to any           collections
from, rights to receive contribution from or payments made by or on           behalf of
any other Guarantor in respect of the obligations of such other           Guarantor under
Article Ten of the Indenture, result in the obligations of such           Guaranteeing
Subsidiary under its Note Guarantee not constituting a fraudulent           transfer or
conveyance.  

2 

        4.       Execution
and Delivery. The Guaranteeing Subsidiary agrees that the Note           Guarantees
shall remain in full force and effect notwithstanding any failure to           endorse on
each Note a notation of such Note Guarantee.  

        5.       Guaranteeing
Subsidiary May Consolidate, Etc., on Certain Terms.  

        The
Guaranteeing Subsidiary may not sell or otherwise dispose of all or substantially all of
its assets to, or consolidate with or merge with or into (whether or not such Guaranteeing
Subsidiary is the surviving Person), another Person, other than the Issuer or another
Subsidiary Guarantor, unless: immediately after giving effect to that transaction, no
Default or Event of Default exists; and either: 

	 	        (A)                      the
Person acquiring the property in any such sale or disposition or the Person
               formed by or surviving any such consolidation or merger is organized or
existing                under the laws of the United States, any state thereof or the
District of                Columbia and assumes all the obligations of that Guaranteeing
Subsidiary under                the Indenture, its Note Guarantee and the Registration
Rights Agreement pursuant                to a supplemental indenture satisfactory to the
Trustee; or  

	 	        (B)                      such
sale or other disposition complies with Section 4.10 of the Indenture,
               including the application of the Net Proceeds therefrom.  

	 	        (C)                      In
case of any such consolidation, merger, sale or conveyance governed by
               Section 10.04(a)(ii)(A) of the Indenture, upon the assumption by the
successor                Person, by supplemental indenture, executed and delivered to the
Trustee and                reasonably satisfactory in form to the Trustee, of the Note
Guarantee endorsed                upon the Notes and the due and punctual performance of
all of the covenants and                conditions of the Indenture to be performed by a
Guarantor, such successor                Person shall succeed to and be substituted for a
Guarantor with the same effect                as if it had been named herein as a
Guarantor. Such successor Person thereupon                may cause to be signed any or
all of the Note Guarantees to be endorsed upon all                of the Notes issuable
hereunder which theretofore shall not have been signed by                the Issuer and
delivered to the Trustee. All the Note Guarantees so issued shall                in all
respects have the same legal rank and benefit under the Indenture as the
               Note Guarantees theretofore and thereafter issued in accordance with the
terms                of the Indenture as though all of such Note Guarantees had been
issued at the                date of the execution thereof.  

3 

        6.       Release.  

        Any
Subsidiary Guarantor will be released and relieved of any obligations under its Note
Guarantee, (i) in connection with any sale or other disposition of all or substantially
all of the assets of that Subsidiary Guarantor (including by way of merger or
consolidation) to a Person that is not (either before or after giving effect to such
transaction) a Restricted Subsidiary of the Issuer, if the sale or other disposition of
all or substantially all of the assets of that Subsidiary Guarantor complies with Section
4.10 of the Indenture; (ii) in connection with any sale of all of the Capital Stock of a
Subsidiary Guarantor to a Person that is not (either before or after giving effect to such
transaction) a Restricted Subsidiary of the Issuer, if the sale of all such Capital Stock
of that Subsidiary Guarantor complies with Section 4.10 of the Indenture; or (iii) if
the Issuer designates any Restricted Subsidiary that is a Subsidiary Guarantor as an
Unrestricted Subsidiary in accordance with the applicable provisions of the Indenture.
Upon delivery by the Issuer to the Trustee of an Officers’ Certificate and an Opinion
of Counsel to the effect that one of the foregoing requirements has been satisfied and the
conditions to the release of a Guarantor under this Section 10.05 of the Indenture have
been met, the Trustee shall execute any documents reasonably required in order to evidence
the release of such Guarantor from its obligations under its Note Guarantee. 

        (b)                 Any
Guarantor not released from its obligations under its Note Guarantee shall
          remain liable for the full amount of principal of and interest and Liquidated
          Damages, if any, on the Notes and for the other obligations of any Guarantor
          under the Indenture as provided in Article Ten of the Indenture.  

        7.       No
Recourse Against Others. Pursuant to Section 12.07 of the Indenture,           no
director, officer, employee, incorporator or stockholder of the Guaranteeing
          Subsidiary shall have any liability for any obligations of such Guaranteeing
          Subsidiary under the Notes, the Indenture, the Note Guarantees or for any claim
          based on, in respect of, or by reason of, such obligations or their creation.  

        8.       NEW
YORK LAW TO GOVERN. THE LAW OF THE STATE OF NEW YORK SHALL GOVERN AND           BE
USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE WITHOUT GIVING EFFECT TO
          APPLICABLE PRINCIPLES OF CONFLICTS OF LAW.  

        9.       Counterparts.
The parties may sign any number of copies of this           Supplemental Indenture. Each
signed copy shall be an original, but all of them           together represent the same
agreement.  

        10.       Effect
of Headings. The Section headings herein are for convenience only           and shall
not affect the construction hereof.  

4 

        11.       Trustee.
The Trustee shall not be responsible in any manner whatsoever           for or in respect
of the validity or sufficiency of this Supplemental Indenture           or for or in
respect of the recitals contained herein, all of which recitals are           made solely
by the Guaranteeing Subsidiary and the Issuer.  

5 

        IN
WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly
executed and attested, all as of the date first above written. 

		USER TECHNOLOGY ASSOCIATES, INC.
	

 	By:  /s/ Ken S. Bajaj
		        Name: Ken S. Bajaj
		        Title: Chief Executive Officer and President
	

 	DIGITALNET, INC.
	

 	By:  /s/ Ken S. Bajaj
		        Name: Ken S. Bajaj
		        Title: Chairman, Chief Executive Officer
		              and President
	

 	WELLS FARGO BANK , N.A.(F/D/B/A WELLS 
FARGO BANK MINNESOTA, N.A.)
		as Trustee
	

 	By:  /s/                                   
		        Name:
		        Title:

6

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