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 24, 2007
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                                  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 24, 2007, Advanta Corp. (the "Company") issued a press release
describing its results for the quarter ended March 31, 2007. A copy of the press
release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

     On April 24, 2007 at 9:00 a.m. Eastern time, Company management also will
hold a conference call, publicly announced in its press release dated April 10,
2007. The call will be broadcast for the public simultaneously over the Internet
through www.advanta.com or www.investorcalendar.com. Replays of the call are
available on the investorcalendar.com site for 90 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 24, 2007 regarding financial results for
             the quarter ended March31, 2007.





                                   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 24, 2007
                             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 24, 2007       Filed herewith
                  regarding financial results for
                  the quarter ended March 31, 2007