Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - March 2009

Series Deal Size Expected Maturity	2002-3 $1,500MM 6/15/2009		2003-4 $725MM 10/15/2013
Yield	15.07	%	15.06	%
Less: Coupon	0.82	%	0.91	%
Servicing Fee	1.50	%	1.50	%
Net Credit Losses	7.09	%	7.09	%
Excess Spread :
March-09	5.66	%	5.56	%
February-09	5.39	%	5.29	%
January-09	5.10	%	5.00	%
Three Month Average Excess Spread	5.38	%	5.28	%
Delinquency:
30 to 59 Days	1.34	%	1.34	%
60 to 89 Days	1.02	%	1.02	%
90+ Days	2.55	%	2.55	%
Total	4.91	%	4.91	%
Principal Payment Rate	16.05	%	16.05	%