EX-99.2 3 dex992.htm MONTHLY REPORTS WITH RESPECT TO THE NOVEMBER 15, 2006 DISTRIBUTION Monthly Reports with respect to the November 15, 2006 distribution

Exhibit 99.2

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2001-6

 

Section 5.2 - Supplement    Distribution Date:
Period Type:
   11/15/2006
Accumulation

 

(i)

 

Monthly Principal Distributed

         1,008,000,000.00     1,008,000,000.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         4,578,000.00    
 

Class B Note Interest Requirement

         406,000.00    
 

Net Class C Note Interest Requirement

         525,657.05     5,509,657.05  

(iii)

 

Collections of Principal Receivables

           218,985,014.03  

(iv)

 

Collections of Finance Charge Receivables

           18,423,106.83  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           1,200,000,000.00  
 

Adjusted Interest

           1,200,000,000.00  
 

Floating Investor Percentage

           5.29 %
 

Fixed Investor Percentage

           5.29 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           4,848,778.79  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           500,000.00  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.25 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           17,445,006.83  

(xvii)

  Note Rate    Class A       5.45000 %  
     Class B       5.80000 %  
     Class C       6.42000 %  

(xviii)

  Spread Account            12,000,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-1

 

Section 5.2 - Supplement    Distribution Date:
Period Type:
   11/15/2006
Revolving

 

(i)

 

Monthly Principal Distributed

         0.00     0.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         3,794,000.00    
 

Class B Note Interest Requirement

         333,083.33    
 

Net Class C Note Interest Requirement

         429,047.54     4,556,130.87  

(iii)

 

Collections of Principal Receivables

           182,487,511.70  

(iv)

 

Collections of Finance Charge Receivables

           15,352,589.02  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           1,000,000,000.00  
 

Adjusted Interest

           1,000,000,000.00  
 

Floating Investor Percentage

           4.41 %
 

Fixed Investor Percentage

           4.41 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           4,040,648.99  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           416,666.67  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.23 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           14,519,255.69  

(xvii)

  Note Rate    Class A       5.42000 %  
     Class B       5.71000 %  
     Class C       6.30000 %  

(xviii)

  Spread Account            10,000,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-3

 

Section 5.2 - Supplement    Distribution Date:
Period Type:
   11/15/2006
Revolving

 

(i)

 

Monthly Principal Distributed

         0.00     0.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         5,764,500.00    
 

Class B Note Interest Requirement

         504,875.00    
 

Net Class C Note Interest Requirement

         649,196.29     6,918,571.29  

(iii)

 

Collections of Principal Receivables

           273,731,267.54  

(iv)

 

Collections of Finance Charge Receivables

           23,028,883.53  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           1,500,000,000.00  
 

Adjusted Interest

           1,500,000,000.00  
 

Floating Investor Percentage

           6.62 %
 

Fixed Investor Percentage

           6.62 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           6,060,973.49  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           625,000.00  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.23 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           21,778,883.53  

(xvii)

  Note Rate    Class A       5.49000 %  
     Class B       5.77000 %  
     Class C       6.35000 %  

(xviii)

  Spread Account            15,000,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-5

 

Section 5.2 - Supplement    Distribution Date:
Period Type:
   11/15/2006
Revolving

 

(i)

 

Monthly Principal Distributed

         0.00     0.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         3,794,000.00    
 

Class B Note Interest Requirement

         331,333.33    
 

Net Class C Note Interest Requirement

         426,797.54     4,552,130.87  

(iii)

 

Collections of Principal Receivables

           182,487,511.70  

(iv)

 

Collections of Finance Charge Receivables

           15,352,589.02  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           1,000,000,000.00  
 

Adjusted Interest

           1,000,000,000.00  
 

Floating Investor Percentage

           4.41 %
 

Fixed Investor Percentage

           4.41 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           4,040,648.99  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           416,666.67  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.23 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           14,519,255.69  

(xvii)

  Note Rate    Class A       5.42000 %  
     Class B       5.68000 %  
     Class C       6.27000 %  

(xviii)

  Spread Account            10,000,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2002-7

 

Section 5.2 - Supplement    Distribution Date:
Period Type:
   11/15/2006
Revolving

 

(i)

 

Monthly Principal Distributed

         0.00     0.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         2,856,000.00    
 

Class B Note Interest Requirement

         251,562.50    
 

Net Class C Note Interest Requirement

         336,973.14     3,444,535.64  

(iii)

 

Collections of Principal Receivables

           136,865,633.77  

(iv)

 

Collections of Finance Charge Receivables

           11,514,441.77  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           750,000,000.00  
 

Adjusted Interest

           750,000,000.00  
 

Floating Investor Percentage

           3.31 %
 

Fixed Investor Percentage

           3.31 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           3,030,486.74  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           312,500.00  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.23 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           10,889,441.77  

(xvii)

  Note Rate    Class A       5.44000 %  
     Class B       5.75000 %  
     Class C       6.57000 %  

(xviii)

  Spread Account            7,500,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-2

 

Section 5.2 - Supplement    Distribution Date:
Period Type:
   11/15/2006
Revolving

 

(i)

 

Monthly Principal Distributed

         0.00     0.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         5,093,340.00    
 

Class B Note Interest Requirement

         443,205.00    
 

Net Class C Note Interest Requirement

         607,083.69     6,143,628.69  

(iii)

 

Collections of Principal Receivables

           244,533,265.67  

(iv)

 

Collections of Finance Charge Receivables

           20,572,469.29  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           1,340,000,000.00  
 

Adjusted Interest

           1,340,000,000.00  
 

Floating Investor Percentage

           5.91 %
 

Fixed Investor Percentage

           5.91 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           5,414,469.65  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           558,333.33  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.23 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           19,455,802.62  

(xvii)

  Note Rate    Class A       5.43000 %  
     Class B       5.67000 %  
     Class C       6.62000 %  

(xviii)

  Spread Account            13,400,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-3

 

Section 5.2 - Supplement    Distribution Date:
Period Type:
   11/15/2006
Revolving

 

(i)

 

Monthly Principal Distributed

         0.00     0.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         5,416,425.00    
 

Class B Note Interest Requirement

         471,318.75    
 

Net Class C Note Interest Requirement

         622,080.25     6,509,824.00  

(iii)

 

Collections of Principal Receivables

           260,044,704.17  

(iv)

 

Collections of Finance Charge Receivables

           21,877,439.36  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           1,425,000,000.00  
 

Adjusted Interest

           1,425,000,000.00  
 

Floating Investor Percentage

           6.29 %
 

Fixed Investor Percentage

           6.29 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           5,757,924.81  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           593,750.00  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.23 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           20,689,939.36  

(xvii)

  Note Rate    Class A       5.43000 %  
     Class B       5.67000 %  
     Class C       6.40000 %  

(xviii)

  Spread Account            14,250,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-4

 

Section 5.2 - Supplement    Distribution Date:
Period Type:
   11/15/2006
Revolving

 

(i)

 

Monthly Principal Distributed

         0.00     0.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         2,821,700.00    
 

Class B Note Interest Requirement

         252,481.25    
 

Net Class C Note Interest Requirement

         325,740.71     3,399,921.96  

(iii)

 

Collections of Principal Receivables

           132,303,445.98  

(iv)

 

Collections of Finance Charge Receivables

           11,130,627.04  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           725,000,000.00  
 

Adjusted Interest

           725,000,000.00  
 

Floating Investor Percentage

           3.20 %
 

Fixed Investor Percentage

           3.20 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           2,929,470.52  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           302,083.33  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.23 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           10,526,460.37  

(xvii)

 

Note Rate

   Class A       5.56000 %  
     Class B       5.97000 %  
     Class C       6.57000 %  

(xviii)

 

Spread Account

           7,250,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-5

 

Section 5.2 - Supplement    Distribution Date:
Period Type:
   11/15/2006
Revolving

 

(i)

 

Monthly Principal Distributed

         0.00     0.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         3,808,000.00    
 

Class B Note Interest Requirement

         329,583.33    
 

Net Class C Note Interest Requirement

         424,547.54     4,562,130.87  

(iii)

 

Collections of Principal Receivables

           182,487,511.70  

(iv)

 

Collections of Finance Charge Receivables

           15,352,589.02  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           1,000,000,000.00  
 

Adjusted Interest

           1,000,000,000.00  
 

Floating Investor Percentage

           4.41 %
 

Fixed Investor Percentage

           4.41 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           4,040,648.99  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           416,666.67  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.23 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           14,519,255.69  

(xvii)

 

Note Rate

   Class A       5.44000 %  
     Class B       5.65000 %  
     Class C       6.24000 %  

(xviii)

 

Spread Account

           10,000,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-6

 

Section 5.2 - Supplement

   Distribution Date:
Period Type:
   11/15/2006
Revolving

 

(i)

 

Monthly Principal Distributed

         0.00     0.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         7,602,000.00    
 

Class B Note Interest Requirement

         661,500.00    
 

Net Class C Note Interest Requirement

         831,095.09     9,094,595.09  

(iii)

 

Collections of Principal Receivables

           364,975,023.40  

(iv)

 

Collections of Finance Charge Receivables

           30,705,178.05  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           2,000,000,000.00  
 

Adjusted Interest

           2,000,000,000.00  
 

Floating Investor Percentage

           8.82 %
 

Fixed Investor Percentage

           8.82 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           8,081,297.99  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           833,333.33  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.23 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           29,038,511.38  

(xvii)

 

Note Rate

   Class A       5.43000 %  
     Class B       5.67000 %  
     Class C       6.12000 %  

(xviii)

 

Spread Account

           20,000,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2004-1

 

Section 5.2 - Supplement

   Distribution Date:
Period Type:
   11/15/2006
Revolving

 

(i)

 

Monthly Principal Distributed

         0.00     0.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         5,617,500.00    
 

Class B Note Interest Requirement

         483,000.00    
 

Net Class C Note Interest Requirement

         586,196.29     6,686,696.29  

(iii)

 

Collections of Principal Receivables

           273,731,267.54  

(iv)

 

Collections of Finance Charge Receivables

           23,028,883.53  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           1,500,000,000.00  
 

Adjusted Interest

           1,500,000,000.00  
 

Floating Investor Percentage

           6.62 %
 

Fixed Investor Percentage

           6.62 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           6,060,973.49  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           625,000.00  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.23 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           21,778,883.53  

(xvii)

 

Note Rate

   Class A       5.35000 %  
     Class B       5.52000 %  
     Class C       5.79000 %  

(xviii)

 

Spread Account

           15,000,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President


Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2004-2

 

Section 5.2 - Supplement

   Distribution Date:
Period Type:
   11/15/2006
Revolving

 

(i)

 

Monthly Principal Distributed

         0.00     0.00  

(ii)

 

Monthly Interest Distributed

          
 

Class A Note Interest Requirement

         6,566,000.00    
 

Class B Note Interest Requirement

         565,541.67    
 

Net Class C Note Interest Requirement

         694,395.67     7,825,937.34  

(iii)

 

Collections of Principal Receivables

           319,353,145.46  

(iv)

 

Collections of Finance Charge Receivables

           26,867,030.79  

(v)

 

Aggregate Amount of Principal Receivables

           22,671,005,645.37  
 

Investor Interest

           1,750,000,000.00  
 

Adjusted Interest

           1,750,000,000.00  
 

Floating Investor Percentage

           7.72 %
 

Fixed Investor Percentage

           7.72 %

(vi)

 

Receivables Delinquent (As % of Total Receivables)

           96.63 %
 

Current

           1.04 %
 

30 to 59 days

           0.71 %
 

60 to 89 days

           1.62 %
 

90 or more days

           100.00 %
 

Total Receivables

          

(vii)

 

Investor Default Amount

           7,071,135.74  

(viii)

 

Investor Charge-Offs

           0.00  

(ix)

 

Reimbursed Investor Charge-Offs

           0.00  

(x)

 

Net Servicing Fee

           729,166.67  

(xi)

 

Portfolio Yield (Net of Defaulted Receivables)

           13.23 %

(xii)

 

Reallocated Monthly Principal

           0.00  

(xiii)

 

Accumulation Shortfall

           0.00  

(xiv)

 

Principal Funding Investment Proceeds

           0.00  

(xv)

 

Principal Funding Investment Shortfall

           0.00  

(xvi)

 

Available Investor Finance Charge Collections

           25,408,697.46  

(xvii)

 

Note Rate

   Class A       5.36000 %  
     Class B       5.54000 %  
     Class C       5.87000 %  

(xviii)

 

Spread Account

           17,500,000.00  

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President