EX-99 2 it012709.txt ISSUANCE TRUST MONTHLY 10-D JAN'09 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending January 27, 2009 ============================================================================== This Report relates to the Due Period ending January 27, 2009 and the related Payment Dates for the Notes.
A. Information Regarding the Master Trust portfolio ------------------------------------------------- 1. Portfolio Yield for the Collateral Certificate ......... 7.41% Yield Component ................................... 14.36% Credit Loss Component ............................. 6.95% 2. New Purchase Rate ..................................... 17.86% 3. Total Payment Rate .................................... 19.00% 4. Principal Payment Rate ................................ 18.10% 5. Aggregate Amount of Principal Receivables in the Trust : Beginning of Due Period ............................ $ 77,565,021,748 Average ............................................ $ 77,516,303,641 Lump Sum Addition/(Removal) ........................ $ 959,774,428 End of Due Period .................................. $ 76,831,635,947
6. Delinquencies (Aggregate outstanding balances in the Accounts that were delinquent by the time periods listed below as of the close of business of the month preceding the Payment Dates, as a percentage of aggregate Receivables as of the last day of the Due Period) :
Current .......................................... $ 71,385,111,165 5-34 days delinquent ........................... $ 2,624,583,062 35-64 days delinquent ........................... $ 1,199,168,190 65-94 days delinquent ........................... $ 953,102,094 95-124 days delinquent ........................... $ 806,358,427 125-154 days delinquent ........................... $ 655,237,425 155-184 days delinquent ........................... $ 605,977,602 Current ........................................... 91.26% 5-34 days delinquent ........................... 3.35% 35-64 days delinquent ........................... 1.53% 65-94 days delinquent ........................... 1.22% 95-124 days delinquent ........................... 1.03% 125-154 days delinquent ........................... 0.84% 155-184 days delinquent ........................... 0.77%
Page 1 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending January 27, 2009 ==============================================================================
Current Due Current Due Period on an Period on a Actual Basis (1) Standard Basis (1) B. Information Regarding the Collateral Certificate ------------------------------------------------- (Percentage Basis) 1. Portfolio Yield 7.41% 7.41% 2. Weighted Average Interest Rate (2) 2.49% 2.47% 3. Weighted Average Investor Fee Rates Fixed Servicing Fee 0.37% 0.37% Others 0.03% 0.03% 4. Surplus Finance Charge Collections 4.52% 4.54% 5. Surplus Finance Charge Collections For Purposes of Funding Class C Reserve Account 4.18% 4.20% 6. Required Surplus Finance Charge Amount 0.00% 0.00% 7. Aggregate Surplus Finance Charge Amount 4.52% 4.54% minus Required Surplus Finance Charge Amount
C. Information Regarding the Collateral Certificate ------------------------------------------------- (Dollars Basis) 1. Total Investor Collections $12,879,531,672 $12,879,272,713 Principal Collections $12,038,049,440 $12,038,049,440 Finance Charge Collections $ 841,482,232 $ 841,223,273 2. Investor Default Amount $ 404,945,690 $ 404,945,690 3. Targeted Deposit to Interest Funding Account (3) $ 137,718,813 $ 136,556,795 4. Investor Monthly Fees Fixed Servicing Fees $ 20,440,984 $ 20,504,860 Others $ 2,016,667 $ 2,016,667 5. Surplus Finance Charge Collections $ 276,360,078 $ 277,199,261 6. Required Surplus Finance Charge Collections $ 0 $ 0 7. Aggregate Surplus Finance Charge Amount $ 276,360,078 $ 277,199,261 minus Required Surplus Finance Charge Amount
(1) Values for "Current Due Period on an Actual Basis" reflect, in the case of a first due period close of a tranche of Notes, activity from the close date until the first due period end, or, as in the case of Targeted Deposit to Interest Funding Account and certain fees, until the first Monthly Interest Date. Values for "Current Due Period on a Standard Basis" reflect activity for the entire current period, as if all Notes had already been outstanding prior to the first day of such period. All percents are based on actual cash revenue or expense for the period, converted to an annualized percent using day count appropriate for the item, either 30/360, actual/360, or actual/actual. Depending on the item, cash expenses may accrue from December 27, 2008 to January 27, 2009, 32 days, or January 2 , 2009 to February 1 , 2009, 31 days (standard basis). (2) Defined in the definition section of the Indenture (3) Referenced in sections 501 and 503 of the Indenture Page 2 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending January 27, 2009 ==============================================================================
D. Information Regarding Notes of Citiseries ---------------------------------------------------- (Aggregate Basis) 1a. Class A Outstanding Dollar Principal Amount ............ $57,330,249,918 For all Classes except Class 2001-A3 (Dakota) ............ $46,330,249,918 For Class 2001-A3 (Dakota) ............................... $11,000,000,000 1b. Class B Outstanding Dollar Principal Amount ............ $ 3,075,000,000 1c. Class C Outstanding Dollar Principal Amount ............ $ 4,597,000,000 2a. Targeted Deposit to Class A Interest Funding Account ..... $ 105,565,034 2b. Targeted Deposit to Class B Interest Funding Account ..... $ 5,557,436 2c. Targeted Deposit to Class C Interest Funding Account ..... $ 26,596,343 3a. Balance in the Class A Interest Funding Account ......... $ 299,768,158 3b Balance in the Class B Interest Funding Account ......... $ 16,590,770 3c Balance in the Class C Interest Funding Account ......... $ 42,027,541 4a. Targeted Deposit to Class A Principal Funding Account .... $ 1,500,000,000 4b. Targeted Deposit to Class B Principal Funding Account .... $ 0 4c. Targeted Deposit to Class C Principal Funding Account .... $ 0 5a. Balance in the Class A Principal Funding Account ........ $ 0 5b. Balance in the Class B Principal Funding Account ........ $ 0 5c. Balance in the Class C Principal Funding Account ........ $ 0 6. Targeted Deposit to Class C Reserve Account ............. $ 650,022,499 7. Balance in the Class C Reserve Account .................. $ 635,793,036
Data Applicable to all Classes Except 2001-A3 (Dakota) ------------------------------------------------------- 8a. Maximum enhancement amount available to Outstanding Class A Notes from Class B Notes ............ $ 2,861,640,805 8b. As a Percentage of Class A Outstanding Dollar Principal Amount ................................. 5.98291% 8c. Maximum enhancement amount available to Outstanding Class A Notes from Class C Notes ............ $ 3,815,519,479 8d. As a Percentage of Class A Outstanding Dollar Principal Amount ................................. 7.97721% 8e. Maximum enhancement amount available to Outstanding Class B Notes from Class C Notes ............ $ 4,099,999,897 8f. As a Percentage of Class B Outstanding Dollar Principal Amount ................................. 133.33333%
Data Applicable only to Class 2001-A3 (Dakota) (1) ------------------------------------------------------- 9a. Maximum enhancement amount available to Outstanding Class 2001-A3 Notes (Dakota) from Class C Notes ......... $ 764,705,700 9b. As a Percentage of Class 2001-A3 Notes (Dakota) Outstanding Dollar Principal Amount ..................... 6.95187% 9c. Maximum enhancement amount available to Outstanding Class 2001-A3 Notes (Dakota) from Class B Notes ......... $ 0 9d. As a Percentage of Class 2001-A3 Notes (Dakota) Outstanding Dollar Principal Amount ..................... 0.00000%
----------------------------------------------------------------------------- (1) All conditions precedent were satisfied for the issuance of new tranches of Dakota CP Notes during Due Period ending January 27, 2009, including the condition that the weighted average remaining life to Expected Principal Payment Date of all Dakota CP Notes be 60 days or less. Page 3 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending January 27, 2009 ==============================================================================
Data Applicable to all Classes ------------------------------- 10a. Reduction in the Class A Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs ................................ $ 0 10b. Reduction in the Class B Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs or a reallocation of Principal Collections to pay interest on Class A Notes ........... $ 0 10c. Reduction in the Class C Nominal Liquidation Amount resulting from an allocation of Investor Charge-Offs or a reallocation of Principal Collections to pay interest on Class A or Class B Notes . $ 0 11a. Reimbursement of Class A Nominal Liquidation Amount .... $ 0 11b. Reimbursement of Class B Nominal Liquidation Amount .... $ 0 11c. Reimbursement of Class C Nominal Liquidation Amount .... $ 0
E. Information Regarding Distributions to Noteholders of Citiseries ----------------------------------------------------------------- (Aggregate Basis) 1a. The total amount of the distribution to Class A Noteholders on the applicable Payment Dates ......................... $1,623,309,496 1b. The total amount of the distribution to Class B Noteholders on the applicable Payment Dates ......................... $ 1,914,047 1c. The total amount of the distribution to Class C Noteholders on the applicable Payment Dates ......................... $ 29,708,791 2a. The amount of the distribution set forth in item 1(a) above in respect of principal on the Class A Notes ........ $1,500,000,000 2b. The amount of the distribution set forth in item 1(b) above in respect of principal on the Class B Notes ........ $ 0 2c. The amount of the distribution set forth in item 1(c) above in respect of principal on the Class C Notes ........ $ 0 3a. The amount of the distribution set forth in item 1(a) above in respect of interest on the Class A Notes ........ $ 123,309,496 3b. The amount of the distribution set forth in item 1(b) above in respect of interest on the Class B Notes ........ $ 1,914,047 3c. The amount of the distribution set forth in item 1(c) above in respect of interest on the Class C Notes ........ $ 29,708,791 4a. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class A Notes exceeds the Class A Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0 4b. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class B Notes exceeds the Class B Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0 4c. The amount, if any, by which the Adjusted Outstanding Dollar Principal Amount of the Class C Notes exceeds the Class C Nominal Liquidation Amount as of the Record Date with respect to the applicable Payment Dates ...... $ 0
Page 4 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending January 27, 2009 ==============================================================================
F. Information Regarding Notes of Citiseries ------------------------------------------------------------------------------------------------------- (The information reported is for the Due Period ending January 27, 2009 and giving effect to all deposits, allocations, reallocations and payments to be made in the month after the end of this Due Period.) ------------------------------------------------------------------------------------------------------- (Individual Tranche Basis) 1a. Outstanding Dollar Principal Amount, Interest Payments and Deposits to Interest Funding Sub-Accounts Class/ Outstanding Monthly Targeted Actual Cumulative Interest Interest Tranche Dollar Accretion Deposit to Deposit to Shortfall Funding Payment Principal the the In Interest Sub-Account On Payment Amount Interest Interest Funding Balance(2) Date(3) Funding Funding Sub-Account Account(1) Account --------------- ---------------- ----------- ----------- ----------- ----------- ----------- ------------ Class 2001-A3 11,000,000,000 0 14,151,509 14,151,509 0 0 14,151,509 Class 2001-A4 1,108,750,000 0 1,415,703 1,415,703 0 1,415,703 0 Class 2001-A7 420,000,000 0 879,244 879,244 0 0 2,451,225 Class 2002-A10 1,000,000,000 0 473,962 473,962 0 0 473,962 Class 2002-A4 750,000,000 0 466,641 466,641 0 0 466,641 Class 2002-A8 1,000,000,000 0 567,188 567,188 0 0 567,188 Class 2002-C2 350,000,000 0 2,027,083 2,027,083 0 0 12,162,500 Class 2003-A10 500,000,000 0 239,008 239,008 0 3,958,333 0 Class 2003-A7 650,000,000 0 417,828 417,828 0 2,247,917 0 Class 2003-C4 300,000,000 0 1,250,000 1,250,000 0 2,500,000 0 Class 2004-A2 1,480,000,000 0 2,727,316 2,727,316 0 0 8,652,174 Class 2004-A3 1,000,000,000 0 990,334 990,334 0 990,334 0 Class 2004-A5 473,410,131 0 463,824 463,824 0 463,824 0 Class 2004-A6 394,508,442 0 402,103 402,103 0 402,103 0 Class 2004-A7 1,200,000,000 0 2,168,359 2,168,359 0 0 6,878,932 Class 2004-A8 750,000,000 0 322,957 322,957 0 6,125,000 0 Class 2004-B1 250,000,000 0 124,728 124,728 0 0 124,728 Class 2004-B2 250,000,000 0 171,589 171,589 0 0 171,589 Class 2004-C1 225,000,000 0 202,771 202,771 0 0 202,771 Class 2005-A1 338,581,344 0 635,893 635,893 0 0 1,866,653 Class 2005-A2 875,000,000 0 352,959 352,959 0 17,682,292 0 Class 2005-A3 1,375,000,000 0 508,827 508,827 0 0 508,827 Class 2005-A4 300,000,000 0 113,507 113,507 0 2,200,000 0 Class 2005-A5 200,000,000 0 79,632 79,632 0 1,516,667 0 Class 2005-A6 1,500,000,000 0 1,967,969 1,967,969 0 1,967,969 0 Class 2005-A7 750,000,000 0 240,495 240,495 0 11,875,000 0 Class 2005-A8 875,000,000 0 323,526 323,526 0 0 323,526 Class 2005-A9 500,000,000 0 210,748 210,748 0 6,375,000 0 Class 2005-C1 75,000,000 0 343,750 343,750 0 1,718,750 0 Class 2005-C2 175,000,000 0 121,149 121,149 0 0 121,149 Class 2005-C3 375,000,000 0 255,451 255,451 0 0 255,451 Class 2005-C6 175,000,000 0 106,377 106,377 0 0 106,377 Class 2006-A1 700,000,000 0 1,633,844 1,633,844 0 0 4,653,979 Class 2006-A2 0 0 6,062,500 6,062,500 0 0 36,375,000 Class 2006-A3 750,000,000 0 3,312,500 3,312,500 0 16,562,500 0 Class 2006-A4 1,300,000,000 0 5,904,167 5,904,167 0 17,712,500 0 Class 2006-A5 750,000,000 0 3,312,500 3,312,500 0 9,937,500 0 Class 2006-A6 2,000,000,000 0 643,446 643,446 0 0 643,446 Class 2006-A7 1,000,000,000 0 4,463,858 4,463,858 0 3,655,556 0 Class 2006-A8 1,000,000,000 0 4,171,667 4,171,667 0 1,039,848 0 Class 2006-B1 600,000,000 0 296,313 296,313 0 0 296,313 Class 2006-B2 400,000,000 0 1,716,667 1,716,667 0 8,583,333 0 Class 2006-C1 500,000,000 0 326,955 326,955 0 0 326,955 Class 2006-C2 200,000,000 0 950,000 950,000 0 2,850,000 0 Class 2006-C3 250,000,000 0 167,005 167,005 0 0 167,005 Class 2006-C4 500,000,000 0 2,151,563 2,151,563 0 0 297,344 Class 2007-A1 2,000,000,000 0 8,068,333 8,068,333 0 5,302,500 0 Class 2007-A10 1,100,000,000 0 741,010 741,010 0 0 741,010 Class 2007-A11 1,200,000,000 0 905,042 905,042 0 0 905,042 Class 2007-A2 1,750,000,000 0 3,469,010 3,469,010 0 0 9,881,424 Class 2007-A3 665,000,000 0 382,044 382,044 0 6,816,250 0 Class 2007-A4 225,000,000 0 463,289 463,289 0 898,500 0 Class 2007-A5 750,000,000 0 3,437,500 3,437,500 0 6,875,000 0 Class 2007-A6 1,000,000,000 0 4,507,917 4,507,917 0 1,157,118 0 Class 2007-A7 3,250,000,000 0 1,985,279 1,985,279 0 0 1,985,279 Class 2007-A8 1,750,000,000 0 8,239,583 8,239,583 0 41,197,917 0 Class 2007-A9 500,000,000 0 326,426 326,426 0 0 326,426 Class 2007-B1 200,000,000 0 260,056 260,056 0 260,056 0 Class 2007-B2 200,000,000 0 833,333 833,333 0 3,333,333 0 Class 2007-B5 800,000,000 0 769,083 769,083 0 0 769,083 Class 2007-B6 200,000,000 0 833,333 833,333 0 2,500,000 0 Class 2008-A1 900,000,000 0 4,012,500 4,012,500 0 0 24,075,000 Class 2008-A2 1,850,000,000 0 2,399,540 2,399,540 0 0 2,399,540 Class 2008-A3 1,850,000,000 0 1,847,020 1,847,020 0 0 1,847,020 Class 2008-A4 500,000,000 0 919,404 919,404 0 0 919,404 Class 2008-A5 500,000,000 0 2,020,833 2,020,833 0 8,083,333 0 Class 2008-A6 1,150,000,000 0 1,544,219 1,544,219 0 0 1,544,219 Class 2008-A7 450,000,000 0 672,072 672,072 0 0 672,072 Class 2008-B1 175,000,000 0 552,335 552,335 0 0 552,335 Class 2008-C10 13,000,000 0 213,919 213,919 0 0 213,919 Class 2008-C11 565,000,000 0 12,394,865 12,394,865 0 0 12,394,865 Class 2008-C6 500,000,000 0 2,625,000 2,625,000 0 5,250,000 0 Class 2008-C7 58,000,000 0 270,253 270,253 0 0 270,253 Class 2008-C8 200,000,000 0 1,654,949 1,654,949 0 0 1,654,949 Class 2008-C9 136,000,000 0 1,535,254 1,535,254 0 0 1,535,254 Total 65,002,249,918 0 137,718,813 137,718,813 0 203,454,134 154,932,335
(1) Referenced in sections 501 and 503 of the Indenture (2) The Interest Funding Sub-Account Balance reflects the Trust Targeted Deposit to the Interest Funding Account and net settlement of any U.S. dollar-denominated swap. (3) For Notes denominated in US dollars this column represents the Note coupon payment to investors on the related Payment Date. For Notes not denominated in U.S. dollars this column represents the currency swap payment to the counterparty on the related Swap Payment Date. CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending January 27, 2009 ==============================================================================
1b. Outstanding Dollar Principal Amount and Investor Interest Payments Class/ Outstanding Investor Investor Payment Monthly Investor's Investor's SWAP Expected Legal Tranche Dollar Interest Interest Date(1) Interest Current Interest Yes/ Principal Maturity Principal Rate PMT Accrual Period PMT On Pmt No Payment Date Amount Fixed/ Frequency Period Interest Date (2) Date Floating (3) Rate -------------- -------------- -------- ------------------ -------- -------- ---------- --------------- ---- ---------- ---------- Class 2001-A7 420,000,000 Floating Feb, May, Aug, Nov 15 15 - 17 2.28375 2,451,225.00 No 08/15/2011 08/15/2013 Class 2002-A10 1,000,000,000 Floating Monthly 17 20 - 17 0.60938 473,962.22 No 12/17/2012 12/17/2014 Class 2002-A4 750,000,000 Floating Monthly 7 7 - 9 0.67875 466,640.62 No 06/09/2014 06/07/2016 Class 2002-A8 1,000,000,000 Floating Monthly 7 7 - 9 0.61875 567,187.50 No 11/09/2009 11/07/2011 Class 2002-C2 350,000,000 Fixed Feb, Aug 15 15 - 17 6.95000 12,162,499.98 No 02/15/2012 02/18/2014 Class 2003-A10 500,000,000 Fixed Jun, Dec 10 12 - 10 4.75000 0.00 Yes 12/10/2013 12/10/2015 Class 2003-A7 650,000,000 Fixed Jan, Jul 7 7 - 9 4.15000 0.00 Yes 07/07/2015 07/07/2017 Class 2003-C4 300,000,000 Fixed Jun, Dec 10 12 - 10 5.00000 0.00 No 06/10/2013 06/10/2015 Class 2004-A3 1,000,000,000 Floating Jan, Apr, Jul, Oct 24 26 - 24 1.22938 0.00 No 07/24/2009 07/25/2011 Class 2004-A7 1,200,000,000 Floating Feb, May, Aug, Nov 24 26 - 24 2.24313 6,878,932.00 No 11/25/2011 11/25/2013 Class 2004-A8 750,000,000 Fixed Jun, Dec 10 12 - 10 4.90000 0.00 Yes 12/10/2014 12/12/2016 Class 2004-B1 250,000,000 Floating Monthly 20 20 - 20 0.57938 124,727.64 No 05/20/2009 05/20/2011 Class 2004-B2 250,000,000 Floating Monthly 7 7 - 9 0.74875 171,588.54 No 10/07/2011 10/07/2013 Class 2004-C1 225,000,000 Floating Monthly 15 15 - 17 0.98313 202,770.56 No 07/15/2011 07/15/2013 Class 2005-A2 875,000,000 Fixed Mar, Sep 10 12 - 10 4.85000 0.00 Yes 03/10/2015 03/10/2017 Class 2005-A3 1,375,000,000 Floating Monthly 24 26 - 24 0.45938 508,827.15 No 04/24/2012 04/24/2014 Class 2005-A4 300,000,000 Fixed Jun, Dec 20 20 - 20 4.40000 0.00 Yes 06/20/2012 06/20/2014 Class 2005-A5 200,000,000 Fixed Jun, Dec 20 20 - 20 4.55000 0.00 Yes 06/22/2015 06/20/2017 Class 2005-A6 1,500,000,000 Floating Jan, Apr, Jul, Oct 7 7 - 9 1.43125 0.00 No 10/07/2009 10/07/2011 Class 2005-A7 750,000,000 Fixed Apr, Oct 20 20 - 20 4.75000 0.00 Yes 10/20/2010 10/22/2012 Class 2005-A8 875,000,000 Floating Monthly 20 20 - 20 0.42938 323,525.90 No 10/22/2012 10/20/2014 Class 2005-A9 500,000,000 Fixed May, Nov 20 20 - 20 5.10000 0.00 Yes 11/20/2015 11/20/2017 Class 2005-C1 75,000,000 Fixed Mar, Sep 24 26 - 24 5.50000 0.00 No 03/24/2015 03/24/2017 Class 2005-C2 175,000,000 Floating Monthly 24 26 - 24 0.85938 121,148.71 No 03/24/2015 03/24/2017 Class 2005-C3 375,000,000 Floating Monthly 15 15 - 17 0.74313 255,450.94 No 07/16/2012 07/15/2014 Class 2005-C6 175,000,000 Floating Monthly 15 15 - 17 0.66313 106,377.10 No 11/15/2010 11/15/2012 Class 2006-A1 700,000,000 Floating Feb, May, Aug, Nov 7 7 - 9 2.54625 4,653,979.17 No 02/07/2013 02/09/2015 Class 2006-A2 0 Fixed Feb, Aug 10 12 - 10 4.85000 36,375,000.00 No 02/10/2009 02/10/2011 Class 2006-A3 750,000,000 Fixed Mar, Sep 15 15 - 17 5.30000 0.00 No 03/15/2016 03/15/2018 Class 2006-A4 1,300,000,000 Fixed May, Nov 10 12 - 10 5.45000 0.00 No 05/10/2011 05/10/2013 Class 2006-A5 750,000,000 Fixed May, Nov 20 20 - 20 5.30000 0.00 No 05/20/2009 05/20/2011 Class 2006-A6 2,000,000,000 Floating Monthly 24 26 - 24 0.39938 643,445.56 No 05/24/2010 05/24/2012 Class 2006-A7 1,000,000,000 Floating Mar, Jun, Sep, Dec 15 15 - 17 2.05625 0.00 Yes 12/15/2016 12/17/2018 Class 2006-A8 1,000,000,000 Floating Apr, Jul, Oct, Jan 15 15 - 17 1.13438 0.00 Yes 12/15/2016 12/17/2018 Class 2006-B1 600,000,000 Floating Monthly 7 7 - 9 0.53875 296,312.50 No 03/09/2009 03/07/2011 Class 2006-B2 400,000,000 Fixed Mar, Sep 7 7 - 9 5.15000 0.00 No 03/09/2009 03/07/2011 Class 2006-C1 500,000,000 Floating Monthly 20 20 - 20 0.75938 326,955.28 No 02/20/2013 02/20/2015 Class 2006-C2 200,000,000 Fixed May, Nov 15 15 - 17 5.70000 0.00 No 05/16/2011 05/15/2013 Class 2006-C3 250,000,000 Floating Monthly 7 7 - 9 0.72875 167,005.21 No 06/07/2011 06/07/2013 Class 2006-C4 500,000,000 Floating Monthly 7 7 - 9 0.64875 297,343.75 Yes 01/07/2010 01/09/2012 Class 2007-A1 2,000,000,000 Floating Mar, Jun, Sep, Dec 22 22 - 23 1.51500 0.00 Yes 03/22/2010 03/22/2012 Class 2007-A10 1,100,000,000 Floating all 10 12 - 10 0.83625 741,010.42 No 12/10/2012 12/10/2014 Class 2007-A11 1,200,000,000 Floating all 10 12 - 10 0.93625 905,041.67 No 01/12/2015 01/10/2017 Class 2007-A2 1,750,000,000 Floating Feb, May, Aug, Nov 21 21 - 23 2.16250 9,881,423.61 No 05/21/2010 05/21/2012 Class 2007-A3 665,000,000 Fixed Jun, Dec 15 15 - 17 6.15000 0.00 Yes 06/15/2037 06/15/2039 Class 2007-A4 225,000,000 Floating Sep, Dec, Mar, Jun 15 15 - 17 2.24625 0.00 No 06/15/2037 06/15/2039 Class 2007-A5 750,000,000 Fixed Jun, Dec 22 22 - 23 5.50000 0.00 No 06/22/2010 06/22/2012 Class 2007-A6 1,000,000,000 Floating Oct, Jan Apr, Jul 12 12 - 12 1.34375 0.00 Yes 07/12/2010 07/12/2012 Class 2007-A7 3,250,000,000 Floating all 20 20 - 20 0.70938 1,985,278.75 No 08/20/2012 08/20/2014 Class 2007-A8 1,750,000,000 Fixed Mar, Sep 20 20 - 20 5.65000 0.00 No 09/20/2017 09/20/2019 Class 2007-A9 500,000,000 Floating all 17 20 - 17 0.83938 326,425.56 No 10/17/2017 10/17/2019 Class 2007-B1 200,000,000 Floating Apr, Jul, Oct, Jan 2 2 - 2 1.51000 0.00 No 04/02/2010 04/02/2012 Class 2007-B2 200,000,000 Fixed Apr, Oct 2 2 - 2 5.00000 0.00 No 04/02/2010 04/02/2012 Class 2007-B5 800,000,000 Floating all 7 7 - 9 1.04875 769,083.33 No 11/07/2012 11/07/2014 Class 2007-B6 200,000,000 Fixed May, November 8 8 - 9 5.00000 0.00 No 11/08/2010 11/08/2012 Class 2008-A1 900,000,000 Fixed Feb, Aug 7 7 - 9 5.35000 24,075,000.00 No 02/07/2018 02/07/2020 Class 2008-A2 1,850,000,000 Floating all 23 23 - 23 1.50625 2,399,539.93 No 01/23/2018 01/23/2020 Class 2008-A3 1,850,000,000 Floating all 18 20 - 18 1.23938 1,847,020.47 No 05/18/2009 05/18/2011 Class 2008-A5 500,000,000 Fixed Apr, Oct 22 22 - 23 4.85000 0.00 No 04/22/2013 04/22/2015 Class 2008-A6 1,150,000,000 Floating all 20 20 - 20 1.55938 1,544,219.36 No 05/20/2015 05/22/2017 Class 2008-A7 450,000,000 Floating all 20 20 - 20 1.73438 672,072.25 No 05/21/2018 05/20/2020 Class 2008-C6 500,000,000 Fixed June, December 20 20 - 20 6.30000 0.00 No 06/20/2012 06/20/2014 Total 48,560,000,000 112,721,020.68 --------------------------------------------------------------------------------------------------------------------------------- (1) If the Payment Date is not a Business Day, then the Payment Date will be the succeeding Business Day. (2) The record date for payment of the notes is the last day of the month before the related payment date. (3) For a newly issued class of notes, interest begins to accrue on the issuance date of that class.
2a. Principal Payments and Deposits to Principal Funding Sub-Accounts for all Deals except 2001-A3 (Dakota) Class/Tranche Targeted Actual Cumulative Principal Principal Principal Principal Shortfall in Funding Payment On Monthly Monthly Principal Sub-Account Payment Date Deposit Deposit Funding Balance Sub-Account --------------- --------------- --------------- --------------- --------------- --------------- Class 2006-A2 1,500,000,000 1,500,000,000 0 0 1,500,000,000 Total 1,500,000,000 1,500,000,000 0 0 1,500,000,000
2b. Principal Payments and Deposits to Principal Funding Sub-Accounts for 2001-A3 (Dakota) only Class/Tranche Targeted Actual Cumulative Principal Principal Principal Principal Shortfall in Funding Payment On Monthly Monthly Principal Sub-Account Payment Date Deposit Deposit Funding Balance Sub-Account --------------- --------------- --------------- --------------- --------------- --------------- Nothing to report for this period.
Page 5 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending January 27, 2009 ==============================================================================
3a. Funding the Class 'C' Reserve Sub-Accounts 1) 3 Month Average Surplus Finance Charge Collections for purposes of Funding the Class C Reserve Sub-Accounts 4.49% 2) Is the 3 Month Average Surplus Finance Charge Collections for purposes of Funding the Class C Reserve Sub-Accounts less than or equal to 4.50% Yes
3b. Deposits to and Withdrawals from Class C Reserve Sub-Accounts ------------------------------------------------------------- Class/Tranche Class C Targeted Reserve Actual Class C Cumulative Deposit to Sub-Account Deposit to Withdrawals Reserve Shortfall in Class C Ending Class C from Class C Sub-Account Class C Reserve Balance as of Reserve Reserve Ending Reserve Sub-Account Prior due period Sub-Account Sub-Account Balance Sub-Account --------------- --------------- --------------- --------------- --------------- --------------- --------------- Class 2002-C2 49,490,511 24,265,723 23,989,590 0 48,255,313 1,235,198 Class 2003-C4 42,420,437 20,799,192 20,562,506 0 41,361,698 1,058,739 Class 2004-C1 31,815,328 15,599,394 15,421,879 0 31,021,273 794,055 Class 2005-C1 10,605,109 5,199,798 5,140,626 0 10,340,424 264,685 Class 2005-C2 24,745,255 12,132,862 11,994,795 0 24,127,657 617,598 Class 2005-C3 53,025,546 25,998,990 25,703,132 0 51,702,122 1,323,424 Class 2005-C6 24,745,255 12,132,862 11,994,795 0 24,127,657 617,598 Class 2006-C1 70,700,729 34,665,319 34,270,843 0 68,936,162 1,764,567 Class 2006-C2 28,280,291 13,866,128 13,708,337 0 27,574,465 705,826 Class 2006-C3 35,350,364 17,332,660 17,135,422 0 34,468,082 882,282 Class 2006-C4 70,700,729 34,665,319 34,270,843 0 68,936,162 1,764,567 Class 2008-C10 1,838,219 901,298 891,042 0 1,792,340 45,879 Class 2008-C11 79,891,823 0 81,735,417 1,843,594 79,891,823 0 Class 2008-C6 70,700,729 34,665,319 34,270,843 0 68,936,162 1,764,567 Class 2008-C7 8,201,285 4,021,177 3,975,418 0 7,996,595 204,690 Class 2008-C8 28,280,291 13,866,128 13,708,337 0 27,574,465 705,826 Class 2008-C9 19,230,598 9,428,967 9,321,669 0 18,750,636 479,962 Total 650,022,499 279,541,136 358,095,494 1,843,594 635,793,036 14,229,463
3c. Actual Deposits by Source to Class C Reserve Sub-Accounts ------------------------------------------------------------- Class/Tranche Prior period Required Surplus Withdrawls Total Funding Finance Treated as Finance Resulting Total Charge Finance Charge Charge From New Actual Collections Collections Collections Issuance of Notes Deposits --------------- --------------- --------------- --------------- ----------------- --------------- Class 2002-C2 23,989,590 0 23,989,590 0 23,989,590 Class 2003-C4 20,562,506 0 20,562,506 0 20,562,506 Class 2004-C1 15,421,879 0 15,421,879 0 15,421,879 Class 2005-C1 5,140,626 0 5,140,626 0 5,140,626 Class 2005-C2 11,994,795 0 11,994,795 0 11,994,795 Class 2005-C3 25,703,132 0 25,703,132 0 25,703,132 Class 2005-C6 11,994,795 0 11,994,795 0 11,994,795 Class 2006-C1 34,270,843 0 34,270,843 0 34,270,843 Class 2006-C2 13,708,337 0 13,708,337 0 13,708,337 Class 2006-C3 17,135,422 0 17,135,422 0 17,135,422 Class 2006-C4 34,270,843 0 34,270,843 0 34,270,843 Class 2008-C10 891,042 0 891,042 0 891,042 Class 2008-C11 0 0 0 81,735,417 81,735,417 Class 2008-C6 34,270,843 0 34,270,843 0 34,270,843 Class 2008-C7 3,975,418 0 3,975,418 0 3,975,418 Class 2008-C8 13,708,337 0 13,708,337 0 13,708,337 Class 2008-C9 9,321,669 0 9,321,669 0 9,321,669 Total 276,360,077 0 276,360,077 81,735,417 358,095,494
3d. Withdrawals from Class C Reserve Sub-Accounts ------------------------------------------------------------- Class/Tranche Release of Release of Funds in Funds in Excess of Class C Reserve Total Targeted Sub-Account Actual Amount Due to Maturity Utilization Withdrawals --------------- --------------- --------------- --------------- --------------- Class 2002-C2 0 0 0 0 Class 2003-C4 0 0 0 0 Class 2004-C1 0 0 0 0 Class 2005-C1 0 0 0 0 Class 2005-C2 0 0 0 0 Class 2005-C3 0 0 0 0 Class 2005-C6 0 0 0 0 Class 2006-C1 0 0 0 0 Class 2006-C2 0 0 0 0 Class 2006-C3 0 0 0 0 Class 2006-C4 0 0 0 0 Class 2008-C10 0 0 0 0 Class 2008-C11 1,843,594 0 0 1,843,594 Class 2008-C6 0 0 0 0 Class 2008-C7 0 0 0 0 Class 2008-C8 0 0 0 0 Class 2008-C9 0 0 0 0 Total 1,843,594 0 0 1,843,594
4. Maximum Enhancement Amount Available to Class A Notes; Class A Usage of Class B and Class C Subordinated Amounts Class/Tranche Maximum Maximum Class A Class A Cumulative Cumulative Enhancement Enhancement Usage of Usage of Class A Class A Amount Amount Class B Class C Usage of Usage of Available Available Subordinated Subordinated Class B Class C from Class from Class Amount for Amount for Subordinated Subordinated B Notes C Notes this Due this Due Amount Amount Period Period --------------- ------------- ------------- ------------- ------------- ------------- -------------- Class 2001-A3 0 764,705,700 Class 2001-A4 66,335,515 88,447,316 Class 2001-A7 25,128,222 33,504,282 Class 2002-A10 59,829,100 79,772,100 Class 2002-A4 44,871,825 59,829,075 Class 2002-A8 59,829,100 79,772,100 Class 2003-A10 29,914,550 39,886,050 Class 2003-A7 38,888,915 51,851,865 Class 2004-A2 88,547,068 118,062,708 Class 2004-A3 59,829,100 79,772,100 Class 2004-A5 28,323,702 37,764,920 Class 2004-A6 23,603,085 31,470,767 Class 2004-A7 71,794,920 95,726,520 Class 2004-A8 44,871,825 59,829,075 Class 2005-A1 20,257,017 27,009,345 Class 2005-A2 52,350,463 69,800,588 Class 2005-A3 82,265,013 109,686,638 Class 2005-A4 17,948,730 23,931,630 Class 2005-A5 11,965,820 15,954,420 Class 2005-A6 89,743,650 119,658,150 Class 2005-A7 44,871,825 59,829,075 Class 2005-A8 52,350,463 69,800,588 Class 2005-A9 29,914,550 39,886,050 Class 2006-A1 41,880,370 55,840,470 Class 2006-A2 89,743,650 119,658,150 Class 2006-A3 44,871,825 59,829,075 Class 2006-A4 77,777,830 103,703,730 Class 2006-A5 44,871,825 59,829,075 Class 2006-A6 119,658,200 159,544,200 Class 2006-A7 59,829,100 79,772,100 Class 2006-A8 59,829,100 79,772,100 Class 2007-A1 119,658,200 159,544,200 Class 2007-A10 65,812,010 87,749,310 Class 2007-A11 71,794,920 95,726,520 Class 2007-A2 104,700,925 139,601,175 Class 2007-A3 39,786,352 53,048,447 Class 2007-A4 13,461,548 17,948,723 Class 2007-A5 44,871,825 59,829,075 Class 2007-A6 59,829,100 79,772,100 Class 2007-A7 194,444,575 259,259,325 Class 2007-A8 104,700,925 139,601,175 Class 2007-A9 29,914,550 39,886,050 Class 2008-A1 53,846,190 71,794,890 Class 2008-A2 110,683,835 147,578,385 Class 2008-A3 110,683,835 147,578,385 Class 2008-A4 29,914,550 39,886,050 Class 2008-A5 29,914,550 39,886,050 Class 2008-A6 68,803,465 91,737,915 Class 2008-A7 26,923,095 35,897,445 Total 2,861,640,805 4,580,225,179
Page 6 CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION ============================================================================== CITIBANK CREDIT CARD ISSUANCE TRUST / CITIBANK CREDIT CARD MASTER TRUST I For the Due Period Ending January 27, 2009 ==============================================================================
5. Maximum Enhancement Amount Available to Class B Notes; Class B Usage of Class C Subordinated Amounts Class/Tranche Maximum Enhancement Class B Usage of Cumulative Class B Amount Available from Class C Subordinated Usage of Class C Class C Notes Amount for this Due Subordinated Amount Period --------------- ------------------------ ------------------------ ------------------------ Class 2004-B1 333,333,325 Class 2004-B2 333,333,325 Class 2006-B1 799,999,980 Class 2006-B2 533,333,320 Class 2007-B1 266,666,660 Class 2007-B2 266,666,660 Class 2007-B5 1,066,666,640 Class 2007-B6 266,666,660 Class 2008-B1 233,333,328 Total 4,099,999,898
6. Reductions of and Reimbursements to Nominal Liquidation Amount Class/Tranche Reduction Reduction Cumulative Cumulative Reimbursements Resulting from Resulting from Reduction Reduction of prior an Allocation from a Resulting from Resulting from reductions of of Investor Reallocation an Allocation an Reallocation Nominal Charge-offs of Principal of Investor of Principal Liquidation for this Due Collections Charge-offs Collections to Amount for Period to pay (net of pay interest on this Due interest on Reimbursements) senior classes Period senior of Notes (net of classes of Reimbursements) Notes for this Due Period --------------- ---------------- ---------------- ---------------- ---------------- ---------------- Nothing to report for this period.
7. Excess Spread/Early Redemption Event Trigger 1) 3 Month Average Surplus Finance Charge Collections 4.77% 2) Is the 3 Month Average Surplus Finance Charge Collections greater than 0.00% Yes
Page 7 IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Report this 13 day of February, 2009. CITIBANK (SOUTH DAKOTA), NATIONAL ASSOCIATION, As Managing Beneficiary of Citibank Credit Card Issuance Trust and As Servicer of Citibank Credit Card Master Trust I By: /s/ Andrew Lubliner ____________________________________ Name: Andrew Lubliner Title: Authorized Representative Page 8