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November, 1996
REVISED
MONTHLY CERTIFICATEHOLDER'S STATEMENT
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ADVANTA Credit Card
Master Trust II
SERIES 1996-E
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Under the Amended and Restated Master Pooling and Servicing Agreement
dated as of December 1, 1993, as amended and restated on May 23, 1994, and as
amended by Amendment Number 1 dated as of July 1, 1994 between Advanta National
Bank USA ("AUS") as Seller and Servicer and Bankers Trust Company, as trustee
(the "Trustee"), and as amended by Amendment Number 2 dated October 6, 1995
among AUS, as Seller and Servicer, Advanta National Bank ("ANB") as Seller and
the Trustee (the "Master Agreement"), as supplemented by the Series 1996-E
Supplement dated as of November 1, 1996 (the "Supplement" and together with the
Master Agreement the "Agreement") among AUS, ANB and the Trustee. AUS as
Servicer, is required to prepare certain information each month regarding
current distributions to all 1996-E Certificateholders. This statement relates
to the December 16, 1996 Distribution Date (the "Distribution Date") and the
performance of the Advanta Credit Card Master Trust II (the "Trust") during the
prior Monthly Period (the "Monthly Period"). Certain of the information is
presented on the basis of an original principal amount of $1,000 per Series
1996-E Certificate. Certain other information is presented based on the
aggregate amounts for the Trust as a whole. All capitalized terms used herein
shall have the respective meanings set forth in the Agreement.
1. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class A Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6.919350
2. The total amount of the distribution on the Payment Date per $1000 original principal
amount of Class B Certificates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $7.206850
3. The amount of the distribution set forth in paragraph 1 above in respect of principal,
per $1,000 original principal amount of the Class A Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
4. The amount of the distribution set forth in paragraph 2 above in respect of principal,
per $1,000 original principal amount of the Class B Certificates . . . . . . . . . . . . . . . . . . . . . $0.000000
5. The amount of distribution set forth in paragraph 1 above in respect of interest,
per $1,000 principal principal amount of the Class A Certificate . . . . . . . . . . . . . . . . . . . . $6.919350
6. The amount of distribution set forth in paragraph 2 above in respect of interest,
per $1,000 principal principal amount of the Class B Certificate . . . . . . . . . . . . . . . . . . . . $7.206850
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7. The aggregate amount of Collections of Receivables processed for the prior Monthly Period
which were allocated in respect of the Series 1996-E Certificates . . . . . . . . . . . . . . . . . . $40,198,940.46
8. The aggregate amount of Collections of Principal Receivables processed during the prior
Monthly Period and allocated in respect of the Series 1996-E Certificates . . . . . . . . . . . . . . $34,298,692.32
9. The aggregate amount of Reallocated Principal Collections with respect to the prior Monthly
Period . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
10. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class A Certificates . . . . . . . . . . . . . . . . . . $5,103,349.96
11. The aggregate amount of Collections of Finance Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class B Certificates . . . . . . . . . . . . . . . . . . . $326,685.09
12. The Class A Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $1,389,576.36
13. The Class B Investor Default Amount for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $89,090.81
14. The Collateral Default Amount for the prior Monthly Period . . . . . . . . . . . . . . . . . . . . . . . $127,953.00
15. The aggregate amount of Class A Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
16. The aggregate amount of Class B Investor Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . $0.00
17. The aggregate amount of Collateral Charge-offs for the prior Monthly Period is . . . . . . . . . . . . . . . . $0.00
18. The aggregate amount of Class A Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
19. The aggregate amount of Class B Investor Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . $0.00
20. The aggregate amount of Collateral Charge-offs reimbursed on such Payment Date is . . . . . . . . . . . . . . . $0.00
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21. The amount of the Class A Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . . $151,375
22. The amount of the Class B Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $9,625
23. The amount of the Collateral Servicing Fee for the prior Monthly Period is . . . . . . . . . . . . . . . . . $14,000
24. The Class A Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . .9
25. The Class B Pool Factor as of the Record Date for the Distribution Date is . . . . . . . . . . . . . . . . . .9
26. The Class A Investor Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $432,500,000
27. The Class A Invested Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $389,250,000
28. The Class B Investor Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $27,500,000
29. The Class B Invested Amount after giving effect to any payments on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $24,750,000
30. The amount, if any, by which the outstanding principal balance of the Class A Certificates
exceeds the Class A Investor Amount after giving effect to any activity on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
31. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds
the Class B Investor Amount after giving effect to any activity on the Distribution
Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.00
32. The Available Cash Collateral Amount as of the close of business on the Distribution Date is . . . . $10,000,000.00
33. The Collateral Investor Amount as of the close of business on the Distribution Date is . . . . . . . $40,000,000.00
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34. The amount on deposit in the Cash Collateral Account as of the close of business on the
Distribution Date is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10,000,000.00
35. The amount of Interchange with respect to the prior Monthly Period is . . . . . . . . . . . . . . . . . . $437,500.00
36. The amount of Servicer Interchange for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . $350,000.00
37. The Deficit Controlled Amortization Amount (after giving effect to any activity on the
Distribution Date) is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0.00
38. The percentage by which the Net Portfolio Yield for the prior Monthly Period exceeds
the Base Rate for such Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.53%
39. The Net Portfolio Yield for the prior Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.45%
40. The Base Rate for the Monthly Period is . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.92%
Advanta National Bank USA
as Servicer
By: /s/ MICHAEL COCO
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Michael Coco
Vice President
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Series 1996-E daily percentages during the prior Monthly Period
Floating Principal
Allocation Allocation
Percentage Percentage
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11/1 - 11/14 1996-E 5.01% 5.01%
11/15 - 11/30 1996-E 4.91% 4.91%
DELINQUENT BALANCES
The aggregate outstanding balance of Accounts which are 30, 60, 90,
120, 150 and 180 or more days delinquent as of the end of the prior
Monthly Period for such Payment Date is:
AGGREGATE ACCOUNT BALANCE
(a) 30-59 days: . . . . . . . . . . . . . . . . . . $143,411,065.30
(b) 60-89 days: . . . . . . . . . . . . . . . . . . $87,174,149.56
(c) 90-119 days: . . . . . . . . . . . . . . . . . . $63,282,339.74
(d) 120-149 days: . . . . . . . . . . . . . . . . . $49,181,854.37
(e) 150-179 days: . . . . . . . . . . . . . . . . . $36,152,772.17
(f) 180 or more days: . . . . . . . . . . . . . . . $11,630,465.79