Exhibit 99.1

Chase Credit Card Master Trust

Excess Spread Analysis - October 2011

Series Deal Size Expected Maturity	2003-4 $725MM 10/15/2013
Yield		17.56	%
Less: Coupon		0.60	%
Servicing Fee		1.50	%
Net Credit Losses		4.28	%
Excess Spread :
October-11		11.18	%
September-11		11.73	%
August-11		10.87	%
Three Month Average Excess Spread		11.26	%
Delinquency:
30 to 59 Days		0.72	%
60 to 89 Days		0.50	%
90+ Days		1.33	%
Total		2.55	%
Principal Payment Rate		21.54	%