SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
May 10, 1996
ADVANTA CREDIT CARD MASTER TRUST II
(Exact name of Registrant as specified in its
charter)
New York Reg. No. 33-79986 Not Required
(State or other (Commission File (I.R.S. Employer
jurisdiction Number) Identification
of incorporation) Number)
Colonial National Bank USA
Attention: Gene S. Schneyer
Brandywine Corporate Center
650 Naamans Road,Claymont, Delaware 19703
(Address of Owner/Servicer)
(Address of principal executive offices)
(302) 791-4400 (Telephone Number of Owner/Servicer)
(Registrant's Telephone Number)
Items 1-4. Inapplicable.
Item 5. Other Events.
Information relating to the distributions to
Certificateholders for the April 1996 Monthly Period of
the Trust in respect of the following Floating Rate Asset
Backed Certificates: Series 94-B, Series 94-D, Series 95-
A, Series 95-C, Series 95-D, Series 95-F, of which Class
A-1 is a Fixed rate, Series 95-G,Series 96-A, of which
Class A-1 is a Fixed rate,and 96-B,(the "Certificates")
issued by the Registrant and to the performance of the
Trust (including collections of Principal Receivables and
Finance Charge Receivables, Principal Receivables in the
Trust, delinquent balances in Accounts, the Investor
Default Amounts, the amount of Investor Charge Offs, and
the Investor Servicing Fees), together with certain other
information relating to the Certificates, is contained in
the Monthly Report for the Monthly Period provided to
Certificateholders pursuant to the Pooling and Servicing
Agreement (the "Agreement") dated as of December 1, 1993
between Colonial National Bank USA and Bankers Trust
Company, as trustee. Capitalized terms not otherwise
defined herein have the meanings assigned in the
Agreement.
Item 6. Inapplicable.
Item 7. Financial Statements, Pro Forma
Financial Information and Exhibits.
1. Monthly Reports for the April 1996 Monthly Period
relating to the following Floating Rate Asset Backed
Certificates: Series 94-B, Series 94-D, Series 95-A,
Series 95-C, Series 95-D, Series 95-F, of which Class A-
1 is a Fixed rate, Series 95-G, Series 96-A, of which
Class A-1 is a Fixed rate, and 96-B, issued by the
Colonial Credit Card Master Trust II.
SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report
to be signed on its behalf by the undersigned thereunto
duly authorized.
COLONIAL CREDIT CARD MASTER TRUST II
(Registrant)
By: COLONIAL NATIONAL BANK
USA
(Owner/Servicer)
Date: May 20, 1996 By:___________/s/John J.Calamari
Name: John J. Calamari
Title: Vice President
SIGNATURE
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report
to be signed on its behalf by the undersigned thereunto
duly authorized.
COLONIAL CREDIT CARD MASTER TRUST II
(Registrant)
By: COLONIAL NATIONAL BANK
USA
(Owner/Servicer)
Date: May 20, 1996
By:_________________________
Name: John J. Calamari
Title: Vice President
EXHIBIT INDEX
Exhibit Sequential Page Number
1. Monthly Reports for the April 1996 Monthly 5
Period relating to the Asset Backed Certificates
Series 94-B, Series 94-D, Series 95-A,
Series 95-C, Series 95-D,Series 95-F, Series 95-G,
Series 96-A, and Series 96-B issued by the ADVANTA
Credit Card Master Trust II.
(sec-mtII.doc)
April, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Colonial National Bank USA
________________________________________
ADVANTA CREDIT CARD MASTER TRUST II
SERIES 1994-B
_________________________________________
Under the Amended and Restated Master Pooling
and Servicing Agreement dated as of May 23, 1994 (the
Master Agreement), by and between Colonial National
Bank USA (Colonial), as Seller and Servicer, and Bank-
ers Trust Company, as trustee, as supplemented by the
Series 1994-B Supplement dated as of July 19, 1994 (the
Supplement, and together with the Master Agreement, the
Agreement), between Colonial and the Trustee, Colonial,
as Servicer, is required to prepare certain information
each month regarding current distributions to all Series
1994-B Certificateholders. This statement relates to the
May 15, 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 1994-B 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
Distribution Date per $1,000 original principal
amount of the Class A Certificates . . . $ 4.816667
(2) The total amount of the distribution on the
Distribution Date per $1,000 original principal
amount of the Class B Certificates . . . $ 5.025000
(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 . . . $ 0.00
(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 . . . . $ 0.00
(5) The amount of distribution set forth in para-
graph 1 above in respect of interest per $1,000
original principal amount of the Class A
Certificates . . . . $ 4.816667
(6) The amount of distribution set forth in para-
graph 2 above in respect of interest per $1,000
original principal amount of the Class B
Certificates . . . . $ 5.025000
(7) The aggregate amount of Collections of Receivables
processed for the prior Monthly Period which were
allocated in respect of
Series 1994-B . . . $ 73,597,462.00
(8) The aggregate amount of Collections of Principal
Receivables processed during the prior Monthly
Period and allocated in respect of
Series 1994-B . . . . $ 64,550,227.00
(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 . . . . $ 7,960,359.00
(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 . . . $ 359,776.00
(12) The Principal Allocation Percentage(s)
during the prior Monthly
Period . . . 4/1/96 - 4/30/96 10.57%
2/19/96 - 2/27/96 10.57%
2/28/96 - 2/29/96 10.57%
(13) The Floating Allocation Percentage(s)
during the prior Monthly
Period . .. 4/1/96 - 4/30/96 10.57%
2/19/96 - 2/27/96 10.57%
2/28/96 - 2/29/96 10.57%
(14) 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 is . . .
(a) 30 - 59 days: . . . 72,870,189.84
(b) 60 - 89 days: . . . 42,339,921.14
(c) 90 - 119days: . . . 29,985,772.66
(d) 120 - 149 days : . . 20,927,100.99
(e) 150 - 179 days: . . . 17,226,648.19
(f) 180 or more days: . . 5,274,671.40
(15) The Class A Investor Default Amount for
the prior Monthly Period is . . . $ 1,991,117.00
(16) The Class B Investor Default Amount for
the prior Monthly Period is . . . . $ 89,923.00
(17) The aggregate amount of Class A Investor
Charge-offs for the prior Monthly
Period is . . . $ 0.00
(18) The aggregate amount of Class B Investor
Charge-offs for the prior Monthly
Period is . . . $ 0.00
(19) The aggregate amount of Class A Investor
Charge-offs reimbursed on the Distribution Date
is . . . $ 0.00
(20) The aggregate amount of Class B Investor
Charge-offs reimbursed on the Distribution Date
is . . . $ 0.00
(21) The amount of the Class A Servicing Fee for the
prior Monthly Period is . . . $ 1,100,000.00
(22) The amount of the Class B Servicing Fee for the
prior Monthly Period is . . . $ 50,000.00
(23) The Class A Pool Factor as of the Record Date
for the Distribution Date is . . . 1.00
(24) The Class B Pool Factor as of the Record Date
for the Distribution Date is . . . 1.00
(25) The Class A Investor Amount after giving
effect to any payments on the Distribution Date
is . . . $ 660,000,000.00
(26) The Class A Invested Amount after giving
effect to any payments on the Distribution Date
is . . . . $ 660,000,000.00
(27) The Class B Investor Amount after giving
effect to any payments on the Distribution Date
is . . . $ 30,000,000.00
(28) The Class B Invested Amount after giving
effect to any payments on the Distribution Date
is . . . . $ 30,000,000.00
(29) 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
(30) 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
(31) The Available Cash Collateral Amount as
of the close of business on the Distribution
Date is . . . . $ 15,000,000.00
(32) The Collateral Investor Amount as of the close
of business on the Distribution
Date is . . . $ 60,000,000.00
(33) The Available Enhancement Amount as
of the close of business on the Distribution
Date is . . . $ 75,000,000.00
(34) The amount by which the Net Portfolio Yield
for the prior Monthly Period exceeds the Base
Rate for such Monthly Period . . . 3.03%
(35) The amount of Interchange with respect to the
prior Monthly Period is . . . $ 937,500.00
(36) The Deficit Controlled Amortization Amount
(after giving effect to any activity on the
Distribution Date) is . . . . $ 0.00
COLONIAL NATIONAL BANK USA,
as Servicer
By: _________________________________________
Donna Butz
ASSISTANT VICE PRESIDENT
April, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Colonial National Bank USA
________________________________________
ADVANTA CREDIT CARD MASTER TRUST II
SERIES 1994-D
_________________________________________
Under the Amended and Restated Master Pooling
and Servicing Agreement dated as of May 23, 1994 (the
Master Agreement), by and between Colonial National
Bank USA (Colonial), as Seller and Servicer, and Bank-
ers Trust Company, as trustee, as supplemented by the
Series 1994-D Supplement dated as of October 11, 1994 (the
Supplement, and together with the Master Agreement, the
Agreement), between Colonial and the Trustee, Colonial,
as Servicer, is required to prepare certain information
each month regarding current distributions to all Series
1994-D Certificateholders. This statement relates to the
May 15, 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 1994-D 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
Distribution Date per $1,000 original principal
amount of the Class A Certificates . . . $ 4.716667
(2) The total amount of the distribution on the
Distribution Date per $1,000 original principal
amount of the Class B Certificates . .. $ 4.883340
(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 . . . $ 0.00
(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 . . . . $ 0.00
(5) The amount of distribution set forth in para-
graph 1 above in respect of interest per $1,000
original principal amount of the Class A
Certificates . . . . $ 4.716667
(6) The amount of distribution set forth in para-
graph 2 above in respect of interest per $1,000
original principal amount of the Class B
Certificates . . . $ 4.883340
(7) The aggregate amount of Collections of Receivables
processed for the prior Monthly Period which were
allocated in respect of
Series 1994-D . . . $ 98,107,066.00
(8) The aggregate amount of Collections of Principal
Receivables processed during the prior Monthly
Period and allocated in respect of
Series 1994-D . . . $ 86,046,618.00
(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 . . . . $ 10,313,987.00
(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 . . . $ 599,627.00
(12) The Principal Allocation Percentage(s)
during the prior Monthly
Period . . . . 4/1/96 - 4/30/96 14.09%
2/19/96 - 2/27/96 14.09%
2/28/96 - 2/29/96 14.09%
(13) The Floating Allocation Percentage(s)
during the prior Monthly
Period . . . 4/1/96 - 4/30/96 14.09%
2/19/96 - 2/27/96 14.09%
2/28/96 - 2/29/96 14.09%
(14) 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 is . . .
(a) 30 - 59 days: . . . 72,870,189.84
(b) 60 - 89 days: . . . 42,339,921.14
(c) 90 - 119days: . .. 29,985,772.66
(d) 120 - 149 days : . . 20,927,100.99
(e) 150 - 179 days: . . 17,226,648.19
(f) 180 or more days: . . 5,274,671.40
(15) The Class A Investor Default Amount for
the prior Monthly Period is . . .. $ 2,579,889.00
(16) The Class B Investor Default Amount for
the prior Monthly Period is . . . $ 149,868.00
(17) The aggregate amount of Class A Investor
Charge-offs for the prior Monthly
Period is . . .. $ 0.00
(18) The aggregate amount of Class B Investor
Charge-offs for the prior Monthly
Period is . . . $ 0.00
(19) The aggregate amount of Class A Investor
Charge-offs reimbursed on the Distribution Date
is . . . $ 0.00
(20) The aggregate amount of Class B Investor
Charge-offs reimbursed on the Distribution Date
is . . . $ 0.00
(21) The amount of the Class A Servicing Fee for the
prior Monthly Period is . . . $ 1,425,000.00
(22) The amount of the Class B Servicing Fee for the
prior Monthly Period is . . . $ 83,333.00
(23) The Class A Pool Factor as of the Record Date
for the Distribution Date is . . .. 1.00
(24) The Class B Pool Factor as of the Record Date
for the Distribution Date is . . . 1.00
(25) The Class A Investor Amount after giving
effect to any payments on the Distribution Date
is . . . $ 855,000,000.00
(26) The Class A Invested Amount after giving
effect to any payments on the Distribution Date
is . .. $ 855,000,000.00
(27) The Class B Investor Amount after giving
effect to any payments on the Distribution Date
is . . . . $ 50,000,000.00
(28) The Class B Invested Amount after giving
effect to any payments on the Distribution Date
is . . . $ 50,000,000.00
(29) 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
(30) 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
(31) The Available Cash Collateral Amount as
of the close of business on the Distribution
Date is . . . . $ 10,000,000.00
(32) The Collateral Investor Amount as of the close
of business on the Distribution
Date is . . . . $ 95,000,000.00
(33) The Available Enhancement Amount as
of the close of business on the Distribution
Date is . . . $ 105,000,000.00
(34) The amount by which the Net Portfolio Yield
for the prior Monthly Period exceeds the Base
Rate for such Monthly Period . . . . 3.15%
(35) The amount of Interchange with respect to the
prior Monthly Period is . . . $ 1,250,000.00
(36) The Deficit Controlled Amortization Amount
(after giving effect to any activity on the
Distribution Date) is . . . $ 0.00
COLONIAL NATIONAL BANK USA,
as Servicer
By: _________________________________________
Donna Butz
ASSISTANT VICE PRESIDENT
April, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Colonial National Bank USA
________________________________________
ADVANTA CREDIT CARD MASTER TRUST II
SERIES 1995-A
_________________________________________
Under the Amended and Restated Master Pooling
and Servicing Agreement dated as of May 23, 1994 (the
Master Agreement), by and between Colonial National
Bank USA (Colonial), as Seller and Servicer, and Bank-
ers Trust Company, as trustee, as supplemented by the
Series 1995-A Supplement dated as of January 18, 1995 (the
Supplement, and together with the Master Agreement, the
Agreement), between Colonial and the Trustee, Colonial,
as Servicer, is required to prepare certain information
each month regarding current distributions to all Series
1995-A Certificateholders. This statement relates to the
May 15, 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 1995-A 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
Distribution Date per $1,000 original principal
amount of the Class A Certificates . . .. $ 4.733333
(2) The total amount of the distribution on the
Distribution Date per $1,000 original principal
amount of the Class B Certificates . . .. $ 4.895829
(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 . . . . $ 0.00
(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 . . . $ 0.00
(5) The amount of distribution set forth in para-
graph 1 above in respect of interest per $1,000
original principal amount of the Class A
Certificates . . . $ 4.733333
(6) The amount of distribution set forth in para-
graph 2 above in respect of interest per $1,000
original principal amount of the Class B
Certificates . . . $ 4.895829
(7) The aggregate amount of Collections of Receivables
processed for the prior Monthly Period which were
allocated in respect of
Series 1995-A . . . . $ 68,508,529.00
(8) The aggregate amount of Collections of Principal
Receivables processed during the prior Monthly
Period and allocated in respect of
Series 1995-A . . . $ 60,214,305.00
(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 . . . $ 7,091,331.00
(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 . . .. $ 412,447.00
(12) The aggregate amount of Principal Receivables
as of the last day of the prior Monthly
Period. . . $ 7,001,114,304.81
(13) The Excess Funding Amount as of the last day
of the prior Monthly Period. . . $ 23,941,410.00
(14) The aggregate amount of Finance Charge
Receivables as of the last day of the prior
Monthly Period. . . . $ 75,275,840.84
(15) The Principal Allocation Percentage(s)
during the prior Monthly
Period . . . 4/1/96 - 4/30/96 9.86%
2/19/96 - 2/27/96 9.86%
2/28/96 - 2/29/96 9.86%
(16) The Floating Allocation Percentage(s)
during the prior Monthly
Period . . . 4/1/96 - 4/30/96 9.86%
2/19/96 - 2/27/96 9.86%
2/28/96 - 2/29/96 9.86%
(17) 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 is . . .
(a) 30 - 59 days: . . . 72,870,189.84
(b) 60 - 89 days: . . . 42,339,921.14
(c) 90 - 119days: . .. 29,985,772.66
(d) 120 - 149 days : . . 20,927,100.99
(e) 150 - 179 days: .. . 17,226,648.19
(f) 180 or more days: . . 5,274,671.40
(18) The Class A Investor Default Amount for
the prior Monthly Period is . . . $ 1,804,850.00
(19) The Class B Investor Default Amount for
the prior Monthly Period is . . . $ 104,910.00
(20) The aggregate amount of Class A Investor
Charge-Offs for the prior Monthly
Period is . . .. $ 0.00
(21) The aggregate amount of Class B Investor
Charge-Offs for the prior Monthly
Period is . . . $ 0.00
(22) The aggregate amount of Class A Investor
Charge-Offs reimbursed on the Distribution Date
is . . . . $ 0.00
(23) The aggregate amount of Class B Investor
Charge-Offs reimbursed on the Distribution Date
is . . . . $ 0.00
(24) The amount of the Class A Servicing Fee for the
prior Monthly Period is . . . $ 997,500.00
(25) The amount of the Class B Servicing Fee for the
prior Monthly Period is . . . $ 58,333.00
(26) The Class A Pool Factor as of the Record Date
for the Distribution Date is . . . 1.00
(27) The Class B Pool Factor as of the Record Date
for the Distribution Date is . . . 1.00
(28) The Class A Investor Amount after giving
effect to any payments on the Distribution Date
is . . . $ 598,500,000.00
(29) The Class A Invested Amount after giving
effect to any payments on the Distribution Date
is . . . $ 598,500,000.00
(30) The Class B Investor Amount after giving
effect to any payments on the Distribution Date
is . .. $ 35,000,000.00
(31) The Class B Invested Amount after giving
effect to any payments on the Distribution Date
is . . . $ 35,000,000.00
(32) 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
(33) 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
(34) The Available Cash Collateral Amount as
of the close of business on the Distribution
Date is . . .. $ 7,000,000.00
(35) The Collateral Investor Amount as of the close
of business on the Distribution
Date is . . . $ 66,500,000.00
(36) The Available Enhancement Amount as
of the close of business on the Distribution
Date is . . . $ 73,500,000.00
(37) The Net Portfolio Yield for the prior
Monthly Period. . . . 10.60%
(38) The Base Rate for the Prior Monthly
Period. . . . 7.73%
(39) The percentage by which the Net Portfolio Yield
for the prior Monthly Period exceeds the Base
Rate for such Monthly Period . . . 2.87%
(40) The amount of Interchange with respect to the
prior Monthly Period is . . .. $ 729,167.00
(41) The Deficit Controlled Amortization Amount
(after giving effect to any activity on the
Distribution Date) is . . .. $ 0.00
COLONIAL NATIONAL BANK USA,
as Servicer
By: _________________________________________
Donna Butz
ASSISTANT VICE PRESIDENT
April, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
COLONIAL NATIONAL BANK
________________________________________
ADVANTA CREDIT CARD MASTER TRUST II
SERIES 1995-C
_________________________________________
Under the Amended and Restated Master Pooling
and Servicing Agreement dated as of May 23, 1994 (the
Master Agreement), by and between Colonial National
Bank USA ("Colonial"), as Seller and Servicer, and Bankers
Trust Company, as Trustee, as supplemented by the
Series 1995-C Supplement dated as of April 27, 1995 (the
"Supplement," and together with the Master Agreement, the
"Agreement"), between Colonial and the Trustee, Colonial,
as Servicer, is required to prepare certain information
each month regarding current distributions to all Series
1995-C Certificateholders. This statement relates to the
May 15, 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 1995-C 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
Distribution Date per $1,000 original principal
amount of the Class A Certificates . . . $ 0.000000
(2) The total amount of the distribution on the
Distribution Date per $1,000 original principal
amount of the Class B Certificates . . . . $ 0.000000
(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 para-
graph 1 above in respect of interest per $1,000
original principal amount of the Class A
Certificates . . . $ 0.000000
(6) The amount of distribution set forth in para-
graph 2 above in respect of interest per $1,000
original principal amount of the Class B
Certificates . . . $ 0.000000
(7) The aggregate amount of Collections of Receivables
processed for the prior Monthly Period which were
allocated in respect of
Series 1995-C . . . $ 56,285,529.00
(8) The aggregate amount of Collections of Principal
Receivables processed during the prior Monthly
Period and allocated in respect of
Series 1995-C . . . $ 49,466,114.00
(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 . . . $ 5,800,280.00
(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 . . . $ 404,629.00
(12) The aggregate amount of Principal
Receivables as of the last day of the prior
Monthly Period . . . $ 7,001,114,304.81
(13) The Excess Funding Amount as of the last
day of the prior Monthly Period . . . $ 23,941,410.00
(14) The aggregate amount of Finance Charge
Receivables as of the last day of the prior
Monthly Period . . . $ 75,275,840.84
(15) The Principal Allocation Percentage(s)
during the prior Monthly
Period is . . 4/1/96 - 4/30/96 8.10%
2/19/96 - 2/27/96 8.10%
2/28/96 - 2/29/96 8.10%
0.00%
0.00%
(16) The Floating Allocation Percentage(s)
during the prior Monthly
Period . . . 4/1/96 - 4/30/96 8.10%
2/19/96 - 2/27/96 8.10%
2/28/96 - 2/29/96 8.10%
0.00%
0.00%
(17) 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 is . . (a) 30 - 59 days: 72,870,189.84
(b) 60 - 89 days: 42,339,921.14
(c) 90 - 119 days: 29,985,772.66
(d) 120 - 149 days: 20,927,100.99
(e) 150 - 179 days: 17,226,648.19
(f) 180 or more days: 5,274,671.40
(18) The Class A Investor Default Amount for
the prior Mothly Period is . . . $ 1,475,141.00
(19) The Class B Investor Default Amount for
the prior Monthly Period is . . . $ 102,767.00
(20) The aggregate amount of Class A Investor
Charge-offs for the prior Monthly Period is . . . $ 0.00
(21) The aggregate amount of Class B Investor
Charge-offs for the prior Monthly Period is . . . $ 0.00
(22) The aggregate amount of Class A Investor
Charge-Offs Reimbursed on the Distribution Date
is . . . $ 0.00
(23) The aggregate amount of Class B Investor
Charge-Offs Reimbursed on the Distribution Date
is . . . $ 0.00
(24) The Amount of Class A Servicing Fee for the
prior Monthly Period is . . . $ 814,583.00
(25) The Amount of Class B Servicing Fee for the
prior Monthly Period is . . . $ 57,500.00
(26) The Class A Pool Factor as of the Record date
for the Distribution Date is . . . 1.00
(27) The Class B Pool Factor as of the Record date
for the Distribution Date is . . . 1.00
(28) The Class A Investor Amount after giving
effect to any payments on the Distribution Date
is . . . $ 488,750,000.00
(29) The Class A Invested Amount after giving
effect to any payments on the Distribution Date
is . . . $ 488,750,000.00
(30) The Class B Investor Amount after giving
effect to any payments on the Distribution Date
is . . . $ 34,500,000.00
(31) The Class B Invested Amount after giving
effect to any payments on the Distribution Date
is . . . $ 34,500,000.00
(32) 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
(33) 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
(34) The Available Cash Collateral Amount as
of the close of business on the Distribution
Date is . . . $ 8,625,000.00
(35) The Collateral Investor Amount as of the close
of business on the Distribution
Date is . . . $ 51,750,000.00
(36) The Available Enhancement Amount as
of the close of business on the Distribution
Date is . . . $ 60,375,000.00
(37) The amount on deposit in the Funding Account as of
the close of business on the Distribution
Date is . . . $ 4,985,712.00
(38) The amount on deposit in the Principal Funding Ac-
count as of the close of business on the Distribution
Date is . . . $ 0.00
(39) The amount on deposit in the Interest Funding Ac-
count as of the close of business on the Distribution
Date is . . . $ 4,985,712.00
(40) The amount on deposit in the Reserve Account as
of the close of business on the Distribution
Date is . . . $ 0.00
(41) The Net Portfolio Yield for the prior Monthly
Period . . . 10.61%
(42) The Base Rate for the prior Monthly Period . . . 7.66%
(43) The percentage by which the Net Portfolio Yield
for the prior Monthly Period exceeds the Base
Rate for such Monthly Period . . . 2.95%
(44) The amount of Interchange with respect to the
prior Monthly Period is . . . $ 598,959.00
(45) The Deficit Controlled Amortization Amount
(after giving effect to any activity on the
Distribution Date) is . . . $ 0.00
COLONIAL NATIONAL BANK USA,
as Servicer
By: ____________________________________
Donna Butz
ASSISTANT VICE PRESIDENT
April, 1996
FORM OF MONTHLY CERTIFICATEHOLDER'S STATEMENT
(To be delivered by the Paying Agent on behalf
of the Trustee on each Distribution Date
pursuant to Section 5.2(b) of the Supplement)
COLONIAL NATIONAL BANK USA
______________________________
ADVANTA CREDIT CARD MASTER TRUST II
SERIES 1995 D
______________________________
Under the Amended and Restated Pooling and Servicing
Agreement dated as of December 1, 1993 and as amended and
restated on May 23, 1994 ( as amended, the Pooling and
Servicing Agreement"), by and between Colonial National Bank
USA ("Colonial"), as Seller and Servicer, and Bankers Trust
Company, as trustee ( the "Trustee"), as supplemented by the
Series 1995-D Supplement dated as of July 25, 1995 (the
"Supplement," and together with the Pooling and Servicing
Agreement, the "Agreement"), between Colonial an the
Trustee. Colonial, as Servicer, is required to prepare
certain information each month regarding current
distributions to all Series 1995-D Certificateholders. This
statement relates to the May 15, 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 1995-D 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.
(1a) The total amount of the distribution on the
Distribution Date per $1,000 original principal amount of
the Class A Certificates $ 4.741667
(1b) The total amount of the distribution on the
Distribution Date per $1,000 original principal amount of
the Class B Certificates $ 4.850000
(2) 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
(3) 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
(4) The amount of distribution set forth in paragraph 1
above in respect of interest per $1,000 original principal
amount of the Class A Certificates $ 4.741667
(5) The amount of distribution set forth in paragraph 2
above in respect of interest per $1,000 original principal
amount of the Class B Certificates $ 4.850000
(6) The aggregate amount of Collections of Receivables
processed for the prior Monthly Period which were allocated
in respect of the Series 1995-D
Certificates $ 58,780,413.00
(7) The aggregate amount of Collections of Principal
Receivables processed during the prior Monthly Period and
allocated in respect of the Series 1995-D
Certificates $ 51,664,613.00
(8) The aggregate amount of Reallocated Principal
Collections with respect to the prior Monthly
Period $ 0.00
(9) The aggregate amount of Collections of Finance Charge
Receivables processed during the prior Monthly Period and
allocated in respect of the Class A
Certificates $ 6,762,273.00
(10) The aggregate amount of Collections of Finance Charge
Receivables processed during the prior Monthly Period and
allocated in respect of the Class B
Certificates $ 353,526.00
(11) The Principal Allocation Percentage(s) during the
prior Monthly Period 4/1/96 - 4/30/96 8.46%
2/19/96 - 2/27/96 8.46%
2/28/96 - 2/29/96 8.46%
(12) The Floating Allocation Percentage(s) during the prior
Monthly Period 4/1/96 - 4/30/96 8.46%
2/19/96 - 2/27/96 8.46%
2/28/96 - 2/29/96 8.46%
0.00 0.00%
0.00 0.00%
(13) 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 is
(a) 30 - 59 days: . . .. 72,870,189.84
(b) 60 - 89 days: . . . 42,339,921.14
(c) 90 - 119days: . . . 29,985,772.66
(d) 120 - 149 days : . .. 20,927,100.99
(e) 150 - 179 days: . . . 17,226,648.19
(f) 180 or more days: . .. 5,274,671.40
(14) The Class A Investor Default Amount for the prior
Monthly Period is $ 1,721,353.00
(15) The Class B Investor Default Amount for the prior
Monthly Period is $ 89,923.00
(16) The aggregate amount of Class A Investor Charge-offs
for the prior Monthly Period is $ 0.00
(17) The aggregate amount of Class B Investor Charge-offs
for the prior Monthly Period is $ 0.00
(18) The aggregate amount of Class A Investor Charge-offs
reimbursed on the Distribution Date is $ 0.00
(19) The aggregate amount of Class B Investor Charge-Offs
reimbursed on the Distribution Date is $ 0.00
(20) The amount of the Class A Servicing Fee for the prior
Monthly Period is $ 950,000.00
(21) The amount of the Class B Servicing Fee for the prior
Monthly Period is $ 50,000.00
(22) The Class A Pool Factor as of the Record Date for the
Distribution Date is 1.00
(23) The Class B Pool Factor as of the Record Date for the
Distribution Date is 1.00
(24) The Class A Investor Amount after giving effect to any
payments on the Distribution
Date is $ 570,000,000.00
(25) The Class A Invested Amount after giving effect to any
payments on the Distribution
Date is $ 570,000,000.00
(26) The Class B Investor Amount after giving effect to any
payments on the Distribution Date is $ 30,000,000.00
(27) The Class A-1 Invested Amount after giving effect to
any payments on the Distribution Date is $ 519,000,000.00
(28) The Class A-2 Invested Amount after giving effect to
any payments on the Distribution Date is $ 51,000,000.00
(29) The Class B Investor Amount after giving effect to any
payments on the Distribution Date is $ 30,000,000.00
(30) The Class B Invested Amount after giving effect to any
payments on the Distribution Date is $ 30,000,000.00
(31) 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
(32) 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
(33) The Available Cash Collateral Amount as of the close
of business on the Distribution Date is $ 63,000,000.00
(34) The amount on deposit in the Cash Collateral Account
(including the principal balance of the Class A 2
Certificates) as of the close of business on the
Distribution Date is $ 63,000,000.00
(35) The amount by which the Net Portfolio Yield for the
prior Monthly Period exceeds the Base Rate for such Monthly
Period 2.91%
(36) The amount of Interchange with respect to the prior
Monthly Period is $ 625,000.00
(37) The Deficit Controlled Amortization Amount (after
giving effect to any activity on the Distribution
Date) $ 0.00
COLONIAL NATIONAL BANK USA,
as Servicer
By: ____________________________________
Donna Butz
ASSISTANT VICE PRESIDENT
April, 1996
MONTHLY CERTIFICATEHOLDER'S STATEMENT
Colonial National Bank USA
________________________________________
ADVANTA CREDIT CARD MASTER TRUST II
SERIES 1995-F
________________________________________
Under the Amended and Restated Master Pooling
and Servicing Agreement dated as of May 23, 1994 (the
Master Agreement), by and between Colonial National
Bank USA (Colonial), as Seller and Servicer, Advanta
National Bank (ANB), as Seller and, together with Colonial (
the Banks)and Bankers Trust Company, as trustee, as
supplemented by the Series 1995-F Supplement dated as of
November 21, 1995 (the Supplement, and together with the
Master Agreement, the Agreement), between the Banks and the
Trustee, Colonial, as Servicer, is required to prepare
certain information each month regarding current
distributions to all Series 1995-F Certificateholders. This
statement relates to the May 15, 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 1995-F 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
Distribution Date per $1,000 original principal
amount of the Class A1 Certificates . . . $ 5.041666
(2) The total amount of the distribution on the
Distribution Date per $1,000 original principal
amount of the Class A2 Certificates . . . $ 4.741666
(3) The total amount of the distribution on the
Distribution Date per $1,000 original principal
amount of the Class B Certificates . . . $ 4.833345
(4) The amount of the distribution set forth in
paragraph 1 above in respect of principal per
$1,000 original principal amount of the Class A1
Certificates . . . $ 0.00
(5) The amount of the distribution set forth in
paragraph 1 above in respect of principal per
$1,000 original principal amount of the Class A2
Certificates . .. $ 0.00
(6) 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 . . . . $ 0.00
(7) The amount of distribution set forth in para-
graph 1 above in respect of interest per $1,000
original principal amount of the Class A1
Certificates . .. $ 5.041666
(8) The amount of distribution set forth in para-
graph 1 above in respect of interest per $1,000
original principal amount of the Class A2
Certificates . . . $ 4.741666
(9) The amount of distribution set forth in para-
graph 2 above in respect of interest per $1,000
original principal amount of the Class B
Certificates . .. $ 4.833345
(10) The aggregate amount of Collections of Receivables
processed for the prior Monthly Period which were
allocated in respect of Series
1995 - F . . . $ 83,237,928.44
(11) The aggregate amount of Collections of Principal
Receivables processed during the prior Monthly
Period and allocated in respect of Series
1995 - F. . . $ 73,160,990.00
(12) The aggregate amount of Reallocated Principal
Collections with respect to the prior Monthly
Period . . . $ 0.00
(13) The aggregate amount of Collections of Finance
Charge Receivables processed during the prior
Monthly Period and allocated in respect of
the Class A Certificates . . . $ 8,966,816.72
(14) The aggregate amount of Collections of Finance
Charge Receivables processed during the prior
Monthly Period and allocated in respect of
the Class B Certificates . . . $ 529,830.87
(15) The aggregate amount of Principal Receivables
as of the last day of the prior Monthly
Period. . . . $ 7,001,114,304.81
(16) The Excess Funding Amount as of the last day
of the prior Monthly Period. . . $ 23,941,410.00
(17) The aggregate amount of Finance Charge
Receivables as of the last day of the prior
Monthly Period. . . $ 75,275,840.84
(18) The Principal Allocation Percentage(s)
during the prior Monthly
Period . . . 4/1/96 - 4/30/96 11.98%
2/19/96 - 2/27/96 11.98%
2/28/96 - 2/29/96 11.98%
(19) The Floating Allocation Percentage(s)
during the prior Monthly
Period . . .. 4/1/96 - 4/30/96 11.98%
2/19/96 - 2/27/96 11.98%
2/28/96 - 2/29/96 11.98%
(20) 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 is . .
(a) 30 - 59 days: . .. . 72,870,189.84
(b) 60 - 89 days: . . .. 42,339,921.14
(c) 90 - 119days: . . . 29,985,772.66
(d) 120 - 149 days : .. . 20,927,100.99
(e) 150 - 179 days: . . . . 17,226,648.19
(f) 180 or more days: . . . 5,274,671.40
(21) The Class A Investor Default Amount for
the prior Monthly Period is . . $ 2,282,290.00
(22) The Class B Investor Default Amount for
the prior Monthly Period is . . .. $ 134,881.00
(23) The aggregate amount of Class A Investor
Charge-Offs for the prior Monthly
Period is . . . $ 0.00
(24) The aggregate amount of Class B Investor
Charge-Offs for the prior Monthly
Period is . . . . $ 0.00
(25) The aggregate amount of Class A Investor
Charge-Offs reimbursed on the Distribution Date
is . . . . $ 0.00
(26) The aggregate amount of Class B Investor
Charge-Offs reimbursed on the Distribution Date
is . . . . $ 0.00
(27) The amount of the Class A Servicing Fee for the
prior Monthly Period is . . . . $ 1,260,833.00
(28) The amount of the Class B Servicing Fee for the
prior Monthly Period is . . .. $ 74,375.00
(29) The Class A Pool Factor as of the Record Date
for the Distribution Date is . . .. 1.00
(30) The Class B Pool Factor as of the Record Date
for the Distribution Date is . . .. 1.00
(31) The Class A1 Investor Amount after giving
effect to any payments on the Distribution Date
is . . . $ 378,250,000.00
(32) The Class A2 Investor Amount after giving
effect to any payments on the Distribution Date
is . . . $ 378,250,000.00
(33) The Class A1 Invested Amount after giving
effect to any payments on the Distribution Date
is . . . $ 378,250,000.00
(34) The Class A2 Invested Amount after giving
effect to any payments on the Distribution Date
is . . . $ 378,250,000.00
(35) The Class B Investor Amount after giving
effect to any payments on the Distribution Date
is . . . $ 44,625,000.00
(36) The Class B Invested Amount after giving
effect to any payments on the Distribution Date
is . . . $ 44,625,000.00
(37) 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
(38) 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
(39) The Available Cash Collateral Amount as
of the close of business on the Distribution
Date is . . . . $ 17,000,000.00
(40) The Collateral Investor Amount as of the close
of business on the Distribution
Date is . . . $ 48,875,000.00
(41) The Available Enhancement Amount as
of the close of business on the Distribution
Date is . . . . $ 65,875,000.00
(42) The Net Portfolio Yield for the prior
Monthly Period. . . . 10.61%
(43) The Base Rate for the Prior Monthly
Period. . . . 7.87%
(44) The percentage by which the Net Portfolio Yield
for the prior Monthly Period exceeds the Base
Rate for such Monthly Period . . .. 2.74%
(45) The amount of Interchange with respect to the
prior Monthly Period is . . . $ 885,416.00
(46) The amount of Servicer Interchange with respect to the
prior Monthly Period is . . .. $ 708,333.00
(47) The Deficit Controlled Amortization Amount
(after giving effect to any activity on the
Distribution Date) is . . .. $ 0.00
COLONIAL NATIONAL BANK USA,
as Servicer
By: ____________________________________
Donna Butz
ASSISTANT VICE PRESIDENT
April, 1996
MONTHLY PAYMENT INSTRUCTIONS AND
NOTIFICATION TO THE TRUSTEE
COLONIAL NATIONAL BANK USA
______________________________
ADVANTA CREDIT CARD MASTER TRUST II
Series 1995-G
______________________________
The undersigned, a duly authorized representative of
Colonial National Bank USA (the "Bank"), as Seller and
Servicer pursuant to the Amended and Restated Pooling and
Servicing Agreement dated as of December 1, 1993, and as
amended and restated on May 23, 1994, and as amended by
Amendment Number 1 dated as of July 1, 1994, by and between
Colonial National Bank USA, a national banking association
organized under the laws of the United States ("Colonial"),
as Seller and Servicer, and Bankers Trust Company, as
Trustee (the"Trustee"), and as further amended by Amendment
Number 2 dated as of October 6, 1995 among Colonial, as
Seller and Servicer, Advanta National Bank ("ANB" and,
together with Colonial, the "Banks") as seller (in such
capacity, a "Seller" and together with Colonial as a Seller,
the "Sellers") and the Trustee (as amended from time to
time, the Pooling and Servicing Agreement"), as
supplemented by the Series 1995-G Supplement dated as of
December 15, 1995 (the Supplement," and together with the
Pooling and Servicing Agreement, the "Agreement"), between
the Banks and the Trustee, does hereby certify as follows:
1. Capitalized terms used in this Certificate have their
respective meanings set forth in the Agreement. References
herein to certain sections are references to the respective
sections of the Agreement.
2. A) Colonial is Servicer under the Agreement.
B) The undersigned is a Servicing Officer.
C) The date of this notice is a Determination Date under
the Agreement.
I. APPLICATION OF CLASS A AVAILABLE FUNDS, CLASS B AVAILABLE
FUNDS, COLLATERAL AVAILABLE FUNDS, AVAILABLE INVESTOR
PRINCIPAL COLLECTIONS, AND COLLATERAL PRINCIPAL COLLECTIONS.
Pursuant to the Supplement, the Servicer does hereby
instruct the Trustee (i) to make the following withdrawals
from the Collection Account with respect to the Distribution
Date and (ii) to apply the proceeds of such withdrawals
in accordance with referenced Sections of the Supplement:
A) Class A Available Funds (Section 4.5(a)):
(1) Class A Monthly Interest $ 2,032,750.00
(2) Overdue Class A Monthly Interest $ 0.00
(3) Class A Additional Interest $ 0.00
(4) Class A Servicing Fee $ 360,417.00
(5) Overdue Class A Servicing Fee $ 0.00
(6) Class A Investor Default Amount (to be treated
as Available Investor Principal Collections)
$ 1,306,004.00
(7) Excess Spread $ 1,071,037.58
B) Class B Available Funds (Section 4.5(b)):
(1) Class B Monthly Interest $ 132,688.00
(2) Overdue Class B Monthly Interest $ 0.00
(3) Class B Additional Interest $ 0.00
(4) Class B Servicing Fee $ 22,916.50
(5) Overdue Class B Servicing Fee $ 0.00
(6) Excess Spread $ 149,319.15
C) Collateral Available Funds (Section 4.5(c))
(1) Collateral Servicing Fee, if any $ 0.00
(2) Overdue Collateral Servicing Fee, $ 0.00
if any
(3) Excess Spread $ 471,366.59
D) Available Investor Principal Collections and Collateral
Principal Collections (Sections 4.5(d), (e), (f) and (g)):
(1) Class A Monthly Principal $ 0.00
(2) Class B Monthly Principal $ 0.00
(3) Collateral Monthly Principal $ 0.00
(4) Shared Principal Collections (available for other
Series in Group One) $
43,053,843.00
E) Excess Spread (Section 4.7):
(1) Class A Required Amount $ 3,699,171.00
(2) Class A Investor Charge-Offs (to be treated as
Available Investor Principal Collections) $ 0.00
(3) Portion of Class B Required Amount payable in
respect of interest and servicing $ 155,604.50
(4) Class B Investor Default Amount (to be treated
as Available Investor Principal Collections) $
83,500.00
(5) Reimbursement of prior reductions in Class B
Invested Amount (to be treated as Available
Investor Principal Collections) $ 0.00
(6) Collateral Monthly Interest, Overdue Collateral
Interest and Collateral Additional Interest $ 198,333.00
(7) Any Collateral Servicing Fee and any
unpaid overdue Collateral Servicing Fee $33,333.50
(8) Collateral Default Amount (to be treated as
Available Investor Principal Collections) $ 119,898.00
(9) Reimbursement of prior reductions in Collateral
Invested Amount (to be treated as Collateral
Principal Collections) $ 0.00
(10) Excess of Required Cash Collateral Amount
over Available Cash Collateral Amount $ 0.00
(11) Aggregate of other amounts payable to the
Collateral Interest Holder $ 0.00
(12) Excess of Required Reserve Account Amount
over the amount or deposit in Reserve Account $ 0.00
(13) Excess Finance Charges (available for other
Series in Group One) $ 0.00
F) Reallocated Principal Collections (Section 4.8):
(1) Payable in respect of Class A Required Amount $ 0.00
(2) Payable in respect of Class B Required Amount $ 0.00
(3) Balance (to be treated as Available Investor
Principal Collections) $ 0.00
G) Excess Finance Charges (Section 4.9):
(1) Finance Charge Shortfall for Series 1995-G $ 0.00
(2) Excess Finance Charges from other Series
in Group One allocated to Series 1995-G $ 0.00
H) Shared Principal Collections (Section 4.10):
(1) Principal Shortfall for Series 1995-G $ 0.00
(2) Shared Principal Collections from other Series in
Group One allocated to Series 1995-G $ 0.00
II. NOTIFICATION OF WITHDRAWALS FROM THE CASH COLLATERAL
ACCOUNT
Pursuant to Section 4.12 of the Supplement, the Servicer
hereby instructs the Trustee (i) to make the following
withdrawals from the Cash Collateral Account with respect to
the Distribution Date and (ii) to apply the proceeds of such
withdrawals in accordance with Section 4.12 of the
Supplement.
(1) Required Draw Amount $ 0.00
(2) Cash Enhancement Surplus $ 0.00
IN WITNESS WHEREOF, the undersigned has duly
executed this certificate this 10th day of May 1996.
COLONIAL NATIONAL BANK USA,
as Servicer
By:____________________________
Donna Butz
ASSISTANT VICE PRESIDENT
April, 1996
FORM OF MONTHLY CERTIFICATEHOLDER'S STATEMENT
(To be delivered by the Paying Agent on behalf
of the Trustee on each Distribution Date
pursuant to Section 5.2(b) of the Supplement)
COLONIAL NATIONAL BANK USA
______________________________
ADVANTA CREDIT CARD MASTER TRUST II
SERIES 1995 G
______________________________
Under the Amended and Restated Pooling and Servicing
Agreement dated as of December 1, 1993, and as amended and
restated on May 23, 1994, and as amended by Amendment Number
1 dated as of July 1, 1994, by and between Colonial
National Bank USA, a national banking association organized
under the laws of the United States ("Colonial"), as Seller
and Servicer, and Bankers Trust Company, as Trustee (the
"Trustee"), and as further amended by Amendment Number 2
dated as of October 6, 1995 among Colonial, as Seller and
Servicer, Advanta National Bank ("ANB" and, together with
Colonial, the "Banks") as seller (in such capacity, a
"Seller" and together with Colonial as Seller, the
Sellers") and the Trustee (as amended from time to time, the
"Amended and Restated Pooling and Servicing Agreement"), as
supplemented by the Series 1995-G Supplement dated as of
December 15, 1995 (the "Supplement," and together with the
Pooling and Servicing Agreement, the "Agreement"), between
the Banks and the Trustee. Colonial, as Servicer, is
required to prepare certain information each month regarding
current distributions to all Series 1995-G
Certificateholders. This statement related to the May 15,
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 $1,000 per Series 1995-
G 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 Distribution
Date per $1,000 original principal amount of the Class
A Certificates $ 4.700000
2. The total amount of the distribution on the Distribution
Date per $1,000 original principal amount of the Class
B Certificates $ 4.825018
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 $ 0.00
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 $ 0.00
5. The amount of the distribution set forth in paragraph 1
above in respect of interest per $1,000 original
principal amount of the Class A Certificates $ 4.700000
6. The amount of the distribution set forth in paragraph 2
above in respect of interest per $1,000 original
principal amount of the Class B Certificates $ 4.825018
7. The aggregate amount of Collections of Receivables
processed for the prior Monthly Period which were
allocated in respect of Series 1995-G $ 48,983,675.32
8. The aggregate amount of Collections of Principal
Receivables processed during the prior Monthly
Period and allocated in respect of Series 1995-G $ 43,053,843.00
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 $ 5,130,625.58
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 $ 327,840.15
12. The Principal Allocation Percentage(s) during the
prior Monthly Period
4/1/96 - 4/30/96 7.05%
2/19/96 - 2/27/96 7.05%
2/28/96 - 2/29/96 7.05%
13. The Floating Allocation Percentage(s) during the prior
Monthly Period
4/1/96 - 4/30/96 7.05%
2/19/96 - 2/27/96 7.05%
2/28/96 - 2/29/96 7.05%
14. 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 is
(a) 30 - 59 days: . .72,870,189.84
(b) 60 - 89 days: . .42,339,921.14
(c) 90 - 119days: . .29,985,772.66
(d) 120 - 149days: . .20,927,100.99
(e) 150 - 179days: . .17,226,648.19
(f) 180 or more days:..5,274,671.40
15. The Class A Investor Default Amount for the prior
Monthly Period is $ 1,306,004.00
16. The Class B Investor Default Amount for the prior
Monthly Period is $ 83,500.00
17. The Collateral Default Amount for the prior Monthly
Period $ 119,898.00
18. The aggregate amount of Class A Investor Charge
Offs for the prior Monthly Period is $ 0.00
19. The aggregate amount of Class B Investor Charge
Offs for the prior Monthly Period is $ 0.00
20. The aggregate amount of Collateral Charge Offs for
the prior Monthly Period $ 0.00
21. The aggregate amount of Class A Investor Charge
Offs reimbursed on the Distribution Date is $ 0.00
22. The aggregate amount of Class B Investor Charge-Offs
reimbursed on the Distribution Date is $ 0.00
23. The aggregate amount of Collateral Charge Offs
reimbursed on the Distribution Date $ 0.00
24. The amount of the Class A Servicing Fee for the prior
Monthly Period is $ 360,417.00
25. The amount of the Class B Servicing Fee for the prior
Monthly Period is $ 22,916.50
26. The amount of Collateral Servicing Fee for the prior
Monthly Period is $ 33,333.50
27. The amount of Servicer Interchange for the prior
Monthly Period $ 416,667.00
28. The Class A Pool Factor as of the Record Date for the
Distribution Date is $ 1.00
29. The Class B Pool Factor as of the Record Date for the
Distribution Date is $ 1.00
30. The Class A Investor Amount after giving effect to any
payments on the Distribution Date is $ 432,500,000.00
31. The Class A Invested Amount after giving effect to any
payments on the Distribution Date is $ 432,500,000.00
32. The Class B Investor Amount after giving effect to any
payments on the Distribution Date is $ 27,500,000.00
33. The Class B Invested Amount after giving effect to any
payments on the Distribution Date is $ 27,500,000.00
34. 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
35. 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
36. The Available Cash Collateral Amount as of the close
of business on the Distribution Date is $ 10,000,000.00
37. The Collateral Interest as of the close of business on
the Distribution Date $ 40,000,000.00
38. The amount on deposit in the Cash Collateral Account
as of the close of business on the Distribution
Date is $ 10,000,000.00
39. The amount by which the Net Portfolio Yield for the
prior Monthly Period exceeds the Base Rate for such
Monthly Period $ 2.94%
40. The amount of Interchange with respect to the prior
Monthly Period is $ 520,834.00
41. The Deficit Controlled Amortization Amount (after
giving effect to any activity on the Distribution Date) $ 0.00
COLONIAL NATIONAL BANK USA,
as Servicer
By:____________________________
Donna Butz
ASSISTANT VICE PRESIDENT
April, 1996
FORM OF MONTHLY CERTIFICATEHOLDER'S STATEMENT
(To be delivered by the Paying Agent on behalf of the
Trustee on each Distribution Date
pursuant to Section 5.2(b) of the Supplement)
COLONIAL NATIONAL BANK USA
__________________________________
ADVANTA CREDIT CARD MASTER TRUST II
SERIES 1996-A
________________________________________
Under the Amended and Restated Pooling and Servicing
Agreement dated as of December 1, 1993, and as amended and
restated on May 23, 1994, and as amended by Amendment Number
1 dated as of July 1, 1994, by and between Colonial National
Bank USA, a national banking association organized under the
laws of the United States ("Colonial"), as Seller and
Servicer, and Bankers Trust Company, as Trustee (the
"Trustee"), and as further amended by Amendment Number 2
dated as of October 6, 1995 among Colonial, as Seller and
Servicer, Advanta National Bank ("ANB" and, together with
Colonial, the "Banks) as seller (in such capacity, a
"Seller" and together with Colonial as Seller, the
"Sellers") and the Trustee (as amended from time to time,
the "Amended and Restated Pooling and Servicing Agreement"),
as supplemented by the Series 1996-A Supplement dated as of
January 18, 1996 (the "Supplement," and together with the
Pooling and Servicing Agreement, the "Agreement"), between
the Banks and the Trustee. Colonial, as Servicer is
required to prepare certain information each month regarding
current distributions to all Series 1996-A
Certificateholders. This statement related to the May 15,
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-A 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 Distribution
Date per $1,000 original principal amount of the Class
A Certificates . . . . . . . . . $ 4.887500
2. The total amount of the distribution on the Distribution
Date per $1,000 original principal amount of the Class
B Certificates. . . . . . . . . $ 4.875010
3. The amount of distribution set forth in paragraph 1
above in respect of principal per $1,000 original
principal amount of the Class A-1 Certificates $ 0.000000
4. 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-2 Certificates. $ 0.000000
5. 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
6. The amount of the distribution set forth in paragraph 1
above in respect of interest per $1,000 original
principal amount of the Class A-1 Certificates. $ 5.000000
7. The amount of the distribution set forth in paragraph 1
above in respect of interest per $1,000 principal
amount of Class A-2 Certificates . . . . . . . $ 4.775000
8. The amount of the distribution set forth in paragraph 2
above in respect of interest per $1,000 original
principal amount of the Class B Certificates . $ 4.875010
9. The aggregate amount of Collections of Receivables
processed for the prior Monthly Period which were
allocated in respect of Series 1996-A . . $ 48,983,680.00
10. The aggregate amount of Collections of Principal
Receivables processed during the prior Monthly
Period and allocated in respect of Series
1996-A. .$ 43,053,841.00
11. The aggregate amount of Reallocated Principal
Collections with respect to the prior Monthly
Period .$ 0.00
12. The aggregate amount of Collections of Finance
Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class A
Certificates . . . . . . . . . . . . . . . .$ 5,215,244.00
13. The aggregate amount of Collections of Finance
Charge Receivables processed during the prior
Monthly Period and allocated in respect of the Class B
Certificates . . . . . . . . . . . . . . . . $ 311,222.00
14. The Principal Allocation Percentage(s) during the
prior Monthly Period . . . .
4/1/96 - 4/30/96 7.05%
2/19/96 - 2/27/96 7.05%
2/28/96 - 2/29/96 7.05%
15. The Floating Allocation Percentage(s)during the prior
Monthly Period . . . . . .
4/1/96 - 4/30/96 7.05%
2/19/96 - 2/27/96 7.05%
2/28/96 - 2/29/96 7.05%
16. 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 is .
(a) 30 - 59days: 72,870,189.84
(b) 60 - 89days: 42,339,921.14
(c) 90 - 119days: 29,985,772.66
(d) 120 - 149 days: 20,927,100.99
(e) 150 - 179 days: 17,226,648.19
(f) 180 or more days:5,274,671.40
17. The Class A Investor Default Amount for the prior
Monthly Period is . . . . . . $ 1,327,412.00
18. The Class B Investor Default Amount for the prior
Monthly Period is . . . . . . $ 79,216.00
19. The Collateral Default Amount for the prior Monthly
Period . . . . . . $ 102,767.00
20. The aggregate amount of Class A Investor
Charge-Offs for the prior Monthly Period is . . $ 0.00
21. The aggregate amount of Class B Investor
Charge-Offs for the prior Monthly Period is . . $ 0.00
22. The aggregate amount of Collateral Charge-Offs for
the prior Monthly Period .. . $ 0.00
23. The aggregate amount of Class A Investor
Charge-Offs reimbursed on the Distribution
Date is.. $ 0.00
24. The aggregate amount of Class B Investor
Charge-Offs reimbursed on the Distribution
Date is ..$ 0.00
25. The aggregate amount of Collateral Charge-Offs
reimbursed on the Distribution Date . . . . . . . $ 0.00
26. The amount of the Class A Servicing Fee for the prior
Monthly Period is . . . . . . . . . . . . .$ 183,333.33
27. The amount of the Class B Servicing Fee for the prior
Monthly Period is . . . . . . . . . . . . . .$ 10,937.67
28. The amount of Collateral Servicing Fee for the prior
Monthly Period is . . . . . . . . . . . . . .$ 14,062.33
29. The amount of Servicer Interchange for the prior
Monthly Period is . . . . . . . . . . . . . .$ 416,666.67
30. The Class A Pool Factor as of the Record Date for the
Distribution Date is . . . . . . . . . . . . . $ 1.00
31. The Class B Pool Factor as of the Record Date for
the Distribution Date is . . . . . . . . . . . $ 1.00
32. The Class A Investor Amount after giving effect to any
payments on the Distribution Date is . .$ 440,000,000.00
33. The Class A Invested Amount after giving effect to any
payments on the Distribution Date is . . $ 440,000,000.00
34. The Class A-1 Invested Amount after giving effect to
any payments on the Distribution Date is $ 220,000,000.00
35. The Class A-2 Invested Amount after giving effect to
any payments on the Distribution Date is $ 220,000,000.00
36. The Class B Investor Amount after giving effect to any
payments on the Distribution Date is . . .$ 26,250,000.00
37. The Class B Invested Amount after giving effect to any
payments on the Distribution Date is . . .$ 26,250,000.00
38. The amount, if any, by which the outstanding principal
balance of the Class Certificates exceeds the Class A
Investor Amount after giving effect to any activity on
the Distribution Date is . . . . . . . . . .$ 0.00
39. The amount, if any, by which the outstanding principal
balance of the Class B Certificates exceeds the Class
B Investor Amount after giving effects to any activity on
the Distribution Date is . . . . . . . . . . $ 0.00
40. The Available Cash Collateral Amount as of the close
of business on the Distribution Date is . $ 10,000,000.00
41. The Collateral Interest as of the close of business on
the Distribution Date is . . . . . . . . $ 33,750,000.00
42. The amount of deposit in the Cash Collateral Account
as of the close of business on the Distribution Date......
$ 4,188,781.06
43. The amount by which the Net Portfolio Yield for the
prior Monthly Period exceeds the Base Rate for such
Monthly Period . . . . . . . . . . . . .$ 2.73%
44. The amount of Interchange with respect to the prior
Monthly Period is . . . . . . . . . . . $ 520,833.00
45. The Deficit Controlled Amortization Amount (after
giving effect to any activity on the Distribution Date)....
$ 0.00
COLONIAL NATIONAL BANK USA,
as Servicer
By:____________________________
Donna Butz
ASSISTANT VICE PRESIDENT
April, 1996
FORM OF MONTHLY CERTIFICATEHOLDER'S STATEMENT
(To be delivered by the Paying Agent on behalf
of the Trustee on each Distribution Date
pursuant to Section 5.2(b) of the Supplement)
COLONIAL NATIONAL BANK USA
______________________________
ADVANTA CREDIT CARD MASTER TRUST II
Series 1996-B
______________________________
Under the Amended and Restated Pooling and Servicing
Agreement dated as of December 1, 1993, and as amended and
restated on May 23, 1994, and as amended by Amendment Number
1 dated as of July 1, 1994, by and between Colonial
National Bank USA,a national banking association organized
under the laws of the United States ("Colonial"), as Seller
and Servicer, and Bankers Trust Company, as Trustee (the
"Trustee"), and as further amended by Amendment Number 2
dated as of October 6, 1995 among Colonial, as Seller and
Servicer, Advanta National Bank ("ANB" and, together with
Colonial, the "Banks") as seller (in such capacity, a
"Seller" and together with Colonial as Seller, the
Sellers") and the Trustee (as amended from time to time, the
"Amended and Restated Pooling and Servicing Agreement"), as
supplemented by the Series 1996-B Supplement dated as of
March 26, 1996 (the "Supplement," and together with the
Pooling and Servicing Agreement, the "Agreement"), between
the Banks and the Trustee. Colonial, as Servicer, is
required to prepare certain information each month
regarding current distributions to all Series 1996-B
Certificateholders. This statement related to the May 15,
1996 Distribution Date (the (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-B 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 Distribution
Date per $1,000 original principal amount of the Class
A Certificates $ 0.000000
2. The total amount of the distribution on the Distribution
Date per $1,000 original principal amount of the Class
B Certificates $ 0.000000
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 the distribution set forth in paragraph 1
above in respect of interest per $1,000 original
principal amount of the Class A Certificates $ 0.000000
6. The amount of the distribution set forth in paragraph 2
above in respect of interest per $1,000 original
principal amount of the Class B Certificates $ 0.000000
7. The aggregate amount of Collections of Receivables
processed for the prior Monthly Period which were
allocated in respect of Series 1995-G ted in respect of
Series 1996-B $ 83,706,253.97
8. The aggregate amount of Collections of Principal
Receivables processed during the prior Monthly
Period and allocated in respect of Series
1996-B 73,770,137.00
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 $ 8,592,088.86
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 $ 545,316.23
12. The Principal Allocation Percentage(s) during the
prior Monthly Period
3/26/96 - 3/31/96 10.57%
4/1/96 - 4/30/96 10.57%
2/19/96 - 2/27/96 10.57%
2/28/96 - 2/29/96 10.57%
13. The Floating Allocation Percentage(s) during the prior
Monthly Period
3/26/96 - 3/31/96 10.57%
4/1/96 - 4/30/96 10.57%
2/28/96 - 2/29/96 10.57%
14. 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 is
(a) 30 - 59 days 72,870,189.84
(b) 60 - 89 days 42,339,921.14
(c) 90 - 119days 29,985,772.66
(d) 120 - 149 days 20,927,100.99
(e) 150 - 179 days 17,226,648.19
(f) 180 or more days 5,274,671.40
15. The Class A Investor Default Amount for the prior
Monthly Period is $ 2,113,665.00
16. The Class B Investor Default Amount for the prior
Monthly Period is $ 134,131.00
17. The Collateral Default Amount for the prior Monthly
Period $ 196,567.00
18. The aggregate amount of Class A Investor Charge
Offs for the prior Monthly Period is $ 0.00
19. The aggregate amount of Class B Investor Charge
Offs for the prior Monthly Period is $ 0.00
20. The aggregate amount of Collateral Charge Offs for
the prior Monthly Period $ 0.00
21. The aggregate amount of Class A Investor Charge
Offs reimbursed on the Distribution Date is $ 0.00
22. The aggregate amount of Class B Investor
Charge-Offs reimbursed on the Distribution Date is $ 0.00
23. The aggregate amount of Collateral Charge Offs
reimbursed on the Distribution Date $ 0.00
24. The amount of the Class A Servicing Fee for the prior
Monthly Period is $ 216,250.00
25. The amount of the Class B Servicing Fee for the prior
Monthly Period is $ 13,750.00
26. The amount of Collateral Servicing Fee for the prior
Monthly Period is $ 20,000.00
27. The amount of Servicer Interchange for the prior
Monthly Period $ 500,000.00
28. The Class A Pool Factor as of the Record Date for the
Distribution Date is $ 1.00
29. The Class B Pool Factor as of the Record Date for the
Distribution Date is $ 1.00
30. The Class A Investor Amount after giving effect to any
payments on the Distribution Date is $ 648,750,000.00
31. The Class A Invested Amount after giving effect to any
payments on the Distribution Date is $ 648,750,000.00
32. The Class B Investor Amount after giving effect to any
payments on the Distribution Date is $ 41,250,000.00
33. The Class B Invested Amount after giving effect to any
payments on the Distribution Date is $ 41,250,000.00
34. 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
35. 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
36. The Available Cash Collateral Amount as of the close
of business on the Distribution Date is $ 15,000,000.00
37. The Collateral Interest as of the close of business on
the Distribution Date $ 60,000,000.00
38. The amount on deposit in the Cash Collateral Account
as of the close of business on the Distribution Date is
$ 15,000,000.00
39. The amount on deposit in the Principle Funding Account
as of the close business on the Distribution Date is $ 0.00
40. The amount on deposit in the Interest Funding Account
as of close of business on the Distribution Date is
$ 5,439,662.00
41. The amount on deposit in the Reserve Account as of
the close of business on the Distribution Date is $ 0.00
42. The amount by which the Net Portfolio Yield for the
prior Monthly Period exceeds the Base Rate for such
Monthly Period 2.27%
43. The Net Portfolio Yield for the prior Monthly Period is 9.99%
44. The Base Rate for the Prior Monthly Period is 7.72%
45. The amount of Interchange with respect to the prior
Monthly Period is $ 625,000.00
46. The Deficit Controlled Amortization Amount (after
giving effect to any activity on the Distribution Date) $ 0.00
COLONIAL NATIONAL BANK USA,
as Servicer
By:____________________________
Donna Butz
ASSISTANT VICE PRESIDENT