UNITED STATES
                       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) April 26, 2006



                                  Advanta Corp.
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             (Exact name of registrant as specified in its charter)


          Delaware                       0-14120                  23-1462070
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(State or other jurisdiction          (Commission               (IRS Employer
      of incorporation)               File Number)           Identification No.)



Welsh & McKean Roads, P.O. Box 844, Spring House, Pennsylvania           19477
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         (Address of principal executive offices)                     (Zip Code)

        Registrant's telephone number, including area code (215) 657-4000
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         (Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))



Item 2.02       Results of Operation and Financial Condition.

     The information in this Current Report on Form 8-K is to be considered
"filed" under the Securities Exchange Act of 1934, as amended (the "Exchange
Act").

On April 26, 2006, Advanta Corp. (the "Company") issued a press release
describing its results for the quarter ended March 31, 2006. A copy of the press
release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

On April 26, 2006 at 9:00 a.m. Eastern time, Company management also will hold a
conference call, publicly announced in its press release dated April 17, 2006.
The call will be broadcast for the public simultaneously over the Internet
through www.advanta.com or www.vcall.com. Replays of the call are available on
the Vcall site for 30 days from the date of the call.

In addition to historical information, this Current Report on Form 8-K contains
forward-looking statements that are subject to certain risks and uncertainties
that could cause actual results to differ from those projected. Risks that may
affect the Company's future performance are detailed in the Company's filings
with the Securities and Exchange Commission, including its most recent Annual
Report on Form 10-K and its Quarterly Reports on Form 10-Q.


Item 9.01       Financial Statements, Pro Forma Financial Information and
                Exhibits.

      (c)       Exhibits.

      The following exhibit relating to Item 2.02 shall be deemed "filed" under
      the Exchange Act:

      99.1      Press Release issued April 26, 2006 regarding financial results
                for the quarter ended March 31, 2006.










                                   SIGNATURES

     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 hereunto duly authorized.

                                            Advanta Corp.
                                   --------------------------------
                                            (Registrant)


Date: April 26, 2006
                                   By:   /s/ Elizabeth Mai
                                       -----------------------------------------
                                       Elizabeth H. Mai, Chief Administrative
                                       Officer, Senior Vice President, Secretary
                                       and General Counsel












                                  EXHIBIT INDEX
                                  -------------



Exhibit         Description                                  Method of Filing
- -------         -----------                                  ----------------

99.1            Press release issued April 26, 2006           Filed herewith
                regarding financial results for
                the quarter ended March 31, 2006