EX-99.2 3 dex992.htm MONTHLY REPORTS WITH RESPECT TO THE MARCH 15, 2010 DISTRIBUTION Monthly Reports with respect to the March 15, 2010 distribution

Exhibit 99.2

Chase Bank USA, N.A.

Monthly Certificateholder’s Statement

Chase Credit Card Master Trust

Series 2003-4

 

Section 5.2 - Supplement

           Distribution Date:    03/15/2010   
              Period Type:    Revolving   

(i)

   Monthly Principal Distributed       0.00            0.00   

(ii)

   Monthly Interest Distributed              
   Class A Note Interest Requirement    214,960.25           
   Class B Note Interest Requirement    33,518.98           
   Net Class C Note Interest Requirement    70,249.31            318,728.54   

(iii)

   Collections of Principal Receivables            113,476,418.54   

(iv)

   Collections of Finance Charge Receivables            10,309,282.06   

(v)

   Aggregate Amount of Principal Receivables            4,095,998,053.83   
                           Investor Interest            725,000,000.00   
                           Adjusted Interest            725,000,000.00   
   Floating Investor Percentage               17.70
   Fixed Investor Percentage               17.70

(vi)

   Receivables Delinquent (As % of Total Receivables)           
           Current to 29 days               95.13
           30 to 59 days               1.13
           60 to 89 days               0.96
           90 or more days               2.78
                    
                           Total Receivables            100.00
             

(vii)

   Investor Default Amount               6,453,063.44   

(viii)

   Investor Charge-Offs               0.00   

(ix)

   Reimbursed Investor Charge-Offs            0.00   

(x)

   Net Investor Servicing Fee               302,083.33   

(xi)

   Portfolio Yield (Net of Defaulted Receivables) (1)            7.86

(xii)

   Reallocated Principal Collections            0.00   

(xiii)

   Accumulation Shortfall               0.00   

(xiv)

   Principal Funding Investment Proceeds            0.00   

(xv)

   Principal Funding Investment Shortfall            0.00   

(xvi)

   Available Investor Finance Charge Collections            9,705,115.39   

(xvii)

   Note Rate    Class A    0.47063        
      Class B    0.88063        
      Class C    1.48063        

(xviii)

   Spread Account               18,125,000.00   

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President

 

(1) Yield for the February 2010 Monthly Period reflects an increase in finance charge collections due to a change in the allocation of payments as a result of the implementation of the Credit CARD Act of 2009.