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

Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - June 2011

 

Series    2003-4  
Deal Size    $725MM  
Expected Maturity    10/15/2013  

Yield

     18.75

Less: Coupon

     0.55

Servicing Fee

     1.50

Net Credit Losses

     4.83

Excess Spread :

  

June-11

     11.87

May-11

     10.46

April-11

     9.49

Three Month Average Excess Spread

     10.61

Delinquency:

  

30 to 59 Days

     0.69

60 to 89 Days

     0.55

90+ Days

     1.38

Total

     2.62

Principal Payment Rate

     22.58