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

Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - June 2010

 

Series

Deal Size

Expected Maturity

   2003-4
$725MM
10/15/2013
 

Yield *

      18.23

Less:

  

Coupon

   0.71
  

Servicing Fee

   1.50
  

Net Credit Losses

   8.32

Excess Spread :

  
  

June-10

   7.70
  

May-10

   5.97
  

April-10

   6.79

Three Month Average Excess Spread

   6.82

Delinquency:

  
  

30 to 59 Days

   1.04
  

60 to 89 Days

   0.84
  

90+ Days

   2.42
  

Total

   4.30

Principal Payment Rate

   19.12

 

* Beginning with the February 2010 Monthly Period, yields reflect 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.