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

Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - January 2010

 

Series

Deal Size

Expected Maturity

    2003-4
$725MM
10/15/2013		  

Yield

      14.97 % 

Less:

   Coupon    0.59 % 
  Servicing Fee    1.50 % 
  Net Credit Losses    11.93 % 

Excess Spread :

   
  January-10    0.95 % 
  December-09    6.56 % 
  November-09    3.73 % 

Three Month Average Excess Spread

    3.75 % 

Delinquency:

   
  30 to 59 Days    1.15 % 
  60 to 89 Days    1.02 % 
  90+ Days    2.83 % 
  Total    5.00 % 

Principal Payment Rate

    17.64 %