Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - October 2007

Series Deal Size Expected Maturity	2002-3 $1,500MM 6/15/2009		2002-7 $750MM 11/15/2007		2003-2 $1,340MM 4/15/2008		2003-3 $1,425MM 7/15/2008		2003-4 $725MM 10/15/2013		2003-5 $1,000MM 10/15/2008
Yield	17.29	%	17.29	%	17.29	%	17.29	%	17.29	%	17.29	%
Less: Coupon	5.31	%	5.67	%	5.27	%	5.26	%	5.40	%	5.25	%
Servicing Fee	1.50	%	1.50	%	1.50	%	1.50	%	1.50	%	1.50	%
Net Credit Losses	3.82	%	3.82	%	3.82	%	3.82	%	3.82	%	3.82	%
Excess Spread:
October-07	6.66	%	6.30	%	6.70	%	6.71	%	6.57	%	6.72	%
September-07	5.38	%	5.40	%	5.41	%	5.43	%	5.28	%	5.44	%
August-07	6.33	%	6.35	%	6.36	%	6.38	%	6.24	%	6.39	%
Three Month Average Excess Spread	6.12	%	6.02	%	6.16	%	6.17	%	6.03	%	6.18	%
Delinquency:
30 to 59 Days	1.01	%	1.01	%	1.01	%	1.01	%	1.01	%	1.01	%
60 to 89 Days	0.72	%	0.72	%	0.72	%	0.72	%	0.72	%	0.72	%
90+ Days	1.50	%	1.50	%	1.50	%	1.50	%	1.50	%	1.50	%
Total	3.23	%	3.23	%	3.23	%	3.23	%	3.23	%	3.23	%
Principal Payment Rate	18.04	%	18.04	%	18.04	%	18.04	%	18.04	%	18.04	%
Series Deal Size Expected Maturity	2003-6 $2,000MM 11/15/2008
Yield	17.29	%
Less: Coupon	5.23	%
Servicing Fee	1.50	%
Net Credit Losses	3.82	%
Excess Spread:
October-07	6.74	%
September-07	5.45	%
August-07	6.41	%
Three Month Average Excess Spread	6.20	%
Delinquency:
30 to 59 Days	1.01	%
60 to 89 Days	0.72	%
90+ Days	1.50	%
Total	3.23	%
Principal Payment Rate	18.04	%