EX-99.2 3 dex992.htm MONTHLY REPORTS WITH RESPECT TO THE MAY 17, 2010 DISTRIBUTION Monthly Reports with respect to the May 17, 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:    05/17/2010   
              Period Type:    Revolving   

(i)

   Monthly Principal Distributed       0.00            0.00   

(ii)

   Monthly Interest Distributed              
   Class A Note Interest Requirement    267,624.37           
   Class B Note Interest Requirement    40,797.59           
   Net Class C Note Interest Requirement    85,978.09            394,400.05   

(iii)

   Collections of Principal Receivables            125,731,704.18   

(iv)

   Collections of Finance Charge Receivables            11,297,978.74   

(v)

   Aggregate Amount of Principal Receivables            2,531,625,385.10   
                           Investor Interest            725,000,000.00   
                           Adjusted Interest            725,000,000.00   
   Floating Investor Percentage               28.64
   Fixed Investor Percentage               28.64

(vi)

   Receivables Delinquent (As % of Total Receivables)           
           Current to 29 days               95.42
           30 to 59 days               1.13
           60 to 89 days               1.01
           90 or more days               2.44
                    
                           Total Receivables               100.00

(vii)

   Investor Default Amount               6,070,037.88   

(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)            8.91

(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            10,693,812.07   

(xvii)

   Note Rate    Class A    0.49438        
      Class B    0.90438        
      Class C    1.50438        

(xviii)

   Spread Account               7,250,000.00   

 

  By:  

/s/ Patricia M. Garvey

  Name:   Patricia M. Garvey
  Title:   Vice President

 

(1) Yield for the April 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.