EX-99.1 2 dex991.htm EXCESS SPREAD ANALYSIS Excess Spread Analysis

Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - August 2009

 

Series

Deal Size

Expected Maturity

    2003-4
$725MM
10/15/2013		  
Yield    14.97 % 
Less:  Coupon    0.62 % 
          Servicing Fee    1.50 % 
          Net Credit Losses    10.07 % 
Excess Spread :   
          August-09    2.78 % 
          July-09    4.33 % 
          June-09    2.72 % 
Three Month Average Excess Spread    3.28 % 
Delinquency:   
          30 to 59 Days    1.60 % 
          60 to 89 Days    0.69 % 
          90+ Days    2.53 % 
          Total    4.82 % 
Principal Payment Rate    16.06 %