Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - June 2009

Series Deal Size Expected Maturity	2003-4 $725MM 10/15/2013
Yield	14.15	%
Less: Coupon	0.67	%
Servicing Fee	1.50	%
Net Credit Losses	9.26	%
Excess Spread :
June-09	2.72	%
May-09	3.07	%
April-09	3.64	%
Three Month Average Excess Spread	3.14	%
Delinquency:
30 to 59 Days	1.19	%
60 to 89 Days	0.96	%
90+ Days	2.70	%
Total	4.85	%
Principal Payment Rate	15.45	%